Entergy Corporation (NYSE:ETR) Given Average Rating of “Moderate Buy” by Analysts

Shares of Entergy Corporation (NYSE:ETRGet Free Report) have been assigned a consensus rating of “Moderate Buy” from the twenty research firms that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, fourteen have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $104.8333.

A number of brokerages recently weighed in on ETR. TD Cowen assumed coverage on shares of Entergy in a research note on Friday, January 9th. They issued a “buy” rating and a $108.00 price target on the stock. Mizuho boosted their price objective on shares of Entergy from $97.00 to $104.00 and gave the company an “outperform” rating in a report on Monday, October 27th. Wells Fargo & Company upped their price objective on shares of Entergy from $105.00 to $119.00 and gave the stock an “overweight” rating in a report on Tuesday, January 20th. Evercore lifted their target price on shares of Entergy from $98.00 to $101.00 and gave the company an “in-line” rating in a report on Thursday, October 30th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $112.00 price target on shares of Entergy in a research note on Friday, January 23rd.

Check Out Our Latest Stock Report on Entergy

Entergy Price Performance

Shares of ETR opened at $102.00 on Friday. Entergy has a twelve month low of $75.57 and a twelve month high of $102.94. The company has a market capitalization of $45.55 billion, a P/E ratio of 25.18, a price-to-earnings-growth ratio of 2.23 and a beta of 0.65. The firm has a 50 day moving average of $94.48 and a 200 day moving average of $93.23. The company has a quick ratio of 0.48, a current ratio of 0.71 and a debt-to-equity ratio of 1.62.

Entergy (NYSE:ETRGet Free Report) last issued its quarterly earnings results on Thursday, February 12th. The utilities provider reported $0.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.01). The business had revenue of $2.96 billion during the quarter, compared to analysts’ expectations of $2.99 billion. Entergy had a return on equity of 11.53% and a net margin of 14.26%.During the same quarter in the previous year, the company posted $0.66 EPS. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. As a group, equities research analysts anticipate that Entergy will post 3.88 earnings per share for the current fiscal year.

Entergy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Monday, February 9th will be given a dividend of $0.64 per share. This represents a $2.56 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Monday, February 9th. Entergy’s payout ratio is 63.21%.

Institutional Trading of Entergy

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. United Community Bank increased its holdings in shares of Entergy by 806.7% during the 4th quarter. United Community Bank now owns 272 shares of the utilities provider’s stock valued at $25,000 after acquiring an additional 242 shares during the last quarter. Washington Trust Advisors Inc. raised its holdings in Entergy by 119.4% in the 4th quarter. Washington Trust Advisors Inc. now owns 283 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 154 shares in the last quarter. Physician Wealth Advisors Inc. lifted its position in shares of Entergy by 56.9% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 317 shares of the utilities provider’s stock worth $30,000 after acquiring an additional 115 shares during the period. Hantz Financial Services Inc. grew its holdings in shares of Entergy by 150.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 323 shares of the utilities provider’s stock worth $30,000 after purchasing an additional 194 shares in the last quarter. Finally, Capital A Wealth Management LLC boosted its stake in Entergy by 5,466.7% during the second quarter. Capital A Wealth Management LLC now owns 334 shares of the utilities provider’s stock worth $28,000 after buying an additional 328 shares in the last quarter. Institutional investors own 88.07% of the company’s stock.

Key Stories Impacting Entergy

Here are the key news stories impacting Entergy this week:

About Entergy

(Get Free Report)

Entergy Corporation (NYSE:ETR) is an integrated energy company headquartered in New Orleans, Louisiana, that generates, transmits and distributes electricity. The company’s operations combine regulated utility services with competitive power production, supplying retail electricity to residential, commercial and industrial customers while also participating in wholesale energy markets. Entergy’s generation fleet includes nuclear, natural gas, hydropower and other resources, and it operates a network of transmission and distribution assets to deliver power to end users.

Entergy conducts its regulated utility business through state-based operating subsidiaries that serve customers across parts of Arkansas, Louisiana, Mississippi and southeast Texas.

Featured Articles

Analyst Recommendations for Entergy (NYSE:ETR)

Receive News & Ratings for Entergy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Entergy and related companies with MarketBeat.com's FREE daily email newsletter.