KeyCorp Has Bearish Estimate for Entergy Q2 Earnings

Entergy Corporation (NYSE:ETR) – Investment analysts at KeyCorp cut their Q2 2026 earnings per share estimates for Entergy in a research note issued on Wednesday, July 22nd. KeyCorp analyst S. Karp now expects that the utilities provider will earn $0.95 per share for the quarter, down from their prior estimate of $1.10. KeyCorp has a “Overweight” rating and a $123.00 price objective on the stock. The consensus estimate for Entergy’s current full-year earnings is $4.40 per share. KeyCorp also issued estimates for Entergy’s Q3 2026 earnings at $1.86 EPS, Q4 2026 earnings at $0.72 EPS, FY2026 earnings at $4.40 EPS, FY2027 earnings at $5.13 EPS, FY2028 earnings at $5.75 EPS, FY2029 earnings at $6.41 EPS and FY2030 earnings at $7.23 EPS.

ETR has been the topic of several other research reports. Barclays dropped their price objective on shares of Entergy from $124.00 to $119.00 and set an “overweight” rating on the stock in a research note on Wednesday, June 3rd. Argus lifted their target price on shares of Entergy from $100.00 to $118.00 and gave the company a “buy” rating in a report on Monday, April 6th. Wall Street Zen raised Entergy from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 2nd. UBS Group restated a “buy” rating and issued a $135.00 price target (up from $131.00) on shares of Entergy in a research note on Thursday, April 30th. Finally, Scotiabank reaffirmed a “sector outperform” rating on shares of Entergy in a research report on Wednesday, June 10th. Seventeen equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $121.05.

Entergy Stock Up 0.1%

Shares of Entergy stock opened at $115.95 on Friday. Entergy has a 1 year low of $86.40 and a 1 year high of $118.44. The firm has a market cap of $53.09 billion, a price-to-earnings ratio of 29.58, a PEG ratio of 1.98 and a beta of 0.50. The company has a 50-day moving average of $112.41 and a 200 day moving average of $107.69. The company has a debt-to-equity ratio of 1.80, a current ratio of 0.96 and a quick ratio of 0.73.

Entergy (NYSE:ETR) last announced its earnings results on Wednesday, April 29th. The utilities provider reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.84 by $0.02. The firm had revenue of $3.19 billion for 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 quarter in the previous year, the business posted $0.82 EPS. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS.

Insider Buying and Selling

In other Entergy news, insider Haley Fisackerly sold 10,638 shares of Entergy stock in a transaction on Wednesday, June 3rd. The stock was 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 of the company’s stock, valued at approximately $1,560,020. This trade represents a 42.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.21% of the company’s stock.

Hedge Funds Weigh In On Entergy

A number of hedge funds have recently bought and sold shares of the business. United Community Bank grew its stake in shares of Entergy by 806.7% in the fourth quarter. United Community Bank now owns 272 shares of the utilities provider’s stock worth $25,000 after acquiring an additional 242 shares during the period. Washington Trust Advisors Inc. boosted its holdings in Entergy by 119.4% in the fourth quarter. Washington Trust Advisors Inc. now owns 283 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 154 shares during the last quarter. Union Savings Bank bought a new stake in Entergy in the 4th quarter worth approximately $28,000. Fairway Wealth LLC purchased a new stake in Entergy during the 1st quarter valued at $30,000. Finally, Dynamic Wealth Strategies LLC bought a new position in shares of Entergy during the 1st quarter valued at $30,000. Hedge funds and other institutional investors own 88.07% of the company’s stock.

Trending Headlines about Entergy

Here are the key news stories impacting Entergy this week:

• Positive Sentiment: KeyCorp raised Entergy’s longer-term earnings outlook, including FY2027 EPS to $5.13, FY2028 to $5.75, FY2029 to $6.41, and FY2030 to $7.23, reinforcing a bullish case for the stock.
• Positive Sentiment: KeyCorp maintained an Overweight rating on Entergy and reiterated a $123 price target, signaling confidence in further share-price upside.
• Positive Sentiment: BMO Capital Markets also issued a report pointing to strong price appreciation potential for Entergy, adding to the optimistic analyst tone. Article Title
• Neutral Sentiment: At the same time, a separate Yahoo Finance article argued that Entergy may still look overvalued after its recent run, which could temper enthusiasm. Article Title
• Neutral Sentiment: KeyCorp’s near-term estimate changes were mixed: it lowered Q2 2026 EPS to $0.95 from $1.10 and Q4 2026 EPS to $0.72 from $0.65, while raising Q3 2026 EPS to $1.86 from $1.73.

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.