Entergy Corporation (NYSE:ETR) Receives Average Rating of “Moderate Buy” from Analysts

Entergy Corporation (NYSE:ETR) has earned a consensus rating of “Moderate Buy” from the twenty brokerages that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, two have issued a hold rating and seventeen have assigned a buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $119.6842.

A number of equities research analysts have issued reports on ETR shares. Argus upped their price target on shares of Entergy from $100.00 to $118.00 and gave the company a “buy” rating in a report on Monday, April 6th. Evercore set a $123.00 price target on shares of Entergy in a report on Wednesday, June 10th. JPMorgan Chase & Co. upped their price target on shares of Entergy from $126.00 to $129.00 and gave the company an “overweight” rating in a report on Wednesday, May 13th. Wells Fargo & Company upped their price target on shares of Entergy from $123.00 to $128.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Finally, Citigroup restated a “neutral” rating and set a $121.00 price target (up from $116.00) on shares of Entergy in a report on Tuesday, May 5th.

Entergy Trading Down 1.4%

Shares of NYSE:ETR opened at $110.81 on Thursday. The stock has a market capitalization of $50.74 billion, a PE ratio of 28.27, a P/E/G ratio of 1.92 and a beta of 0.50. Entergy has a 1 year low of $80.11 and a 1 year high of $118.44. The firm has a fifty day moving average price of $112.26 and a 200 day moving average price of $103.79. The company has a current ratio of 0.96, a quick ratio of 0.73 and a debt-to-equity ratio of 1.80.

Entergy (NYSE:ETR) last issued its quarterly earnings data on Wednesday, April 29th. The utilities provider reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.84 by $0.02. The firm had revenue of $3.19 billion during the quarter, compared to analysts’ expectations of $2.89 billion. Entergy had a net margin of 13.48% and a return on equity of 10.75%. During the same period in the prior year, the company posted $0.82 earnings per share. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. Analysts expect that Entergy will post 4.4 EPS for the current fiscal year.

Entergy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Friday, May 1st were issued a dividend of $0.64 per share. This represents a $2.56 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date was Friday, May 1st. Entergy’s dividend payout ratio is 65.31%.

Insider Buying and Selling at Entergy

In related news, insider Haley Fisackerly sold 10,638 shares of the stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $110.00, for a total value of $1,170,180.00. Following the completion of the sale, the insider owned 14,182 shares in the company, valued at approximately $1,560,020. This trade represents a 42.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.21% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. United Community Bank increased its holdings in shares of Entergy by 806.7% during the fourth quarter. United Community Bank now owns 272 shares of the utilities provider’s stock worth $25,000 after buying an additional 242 shares in the last quarter. Washington Trust Advisors Inc. increased its holdings in shares of Entergy by 119.4% during the fourth quarter. Washington Trust Advisors Inc. now owns 283 shares of the utilities provider’s stock worth $26,000 after buying an additional 154 shares in the last quarter. Union Savings Bank acquired a new stake in shares of Entergy during the fourth quarter worth approximately $28,000. Fairway Wealth LLC acquired a new stake in shares of Entergy during the first quarter worth approximately $30,000. Finally, Dynamic Wealth Strategies LLC acquired a new stake in shares of Entergy in the first quarter valued at approximately $30,000. Institutional investors and hedge funds own 88.07% of the company’s stock.

Entergy Company Profile

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.