Entergy Corporation (NYSE:ETR) Stock Has Consensus Target Price of $120.47

Key Points

• Analyst sentiment is moderately bullish: Entergy has a consensus “Moderate Buy” rating from 20 analysts, with an average 12-month price target of $120.47 versus a recent price of $98.61.
• Institutional ownership is substantial: Hedge funds and other institutional investors own 88.07% of Entergy, with major stakes held or expanded by BlackRock, JPMorgan, Bank of America, and Geode Capital.
• Financial performance and income remain key factors: Entergy exceeded quarterly EPS and revenue expectations, issued full-year 2026 EPS guidance of $4.25–$4.45, and maintains a $0.64 quarterly dividend, equivalent to a 2.6% yield.

Shares of Entergy Corporation (NYSE:ETR - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the twenty research firms that are covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and seventeen have issued a buy recommendation on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $120.47.

A number of analysts recently weighed in on the company. Jefferies Financial Group restated a "buy" rating on shares of Entergy in a research report on Wednesday, June 10th. Wall Street Zen cut shares of Entergy from a "hold" rating to a "sell" rating in a research report on Sunday, August 9th. BTIG Research reissued a "buy" rating and set a $126.00 price target on shares of Entergy in a research note on Wednesday, June 10th. Mizuho set a $122.00 price objective on shares of Entergy and gave the stock an "outperform" rating in a report on Wednesday, June 10th. Finally, Morgan Stanley cut their price objective on shares of Entergy from $105.00 to $98.00 and set an "equal weight" rating for the company in a research note on Friday, September 18th.

Insider Activity

In related news, Director Ralph Lewis Ropp acquired 1,000 shares of Entergy stock in a transaction dated Thursday, August 6th. The shares were purchased at an average cost of $106.08 per share, with a total value of $106,080.00. Following the completion of the purchase, the director owned 3,423 shares of the company's stock, valued at $363,111.84. This represents a 41.27% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Laura Landreaux sold 5,600 shares of Entergy stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $106.20, for a total value of $594,720.00. Following the completion of the transaction, the insider owned 22,589 shares in the company, valued at approximately $2,398,951.80. This represents a 19.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.21% of the company's stock.

Hedge Funds Weigh In On Entergy

Large investors have recently bought and sold shares of the stock. BlackRock Inc. purchased a new stake in shares of Entergy in the 2nd quarter worth about $4,861,376,000. JPMorgan Chase & Co. increased its stake in shares of Entergy by 54.9% in the 4th quarter. JPMorgan Chase & Co. now owns 22,694,994 shares of the utilities provider's stock worth $2,097,699,000 after acquiring an additional 8,046,287 shares in the last quarter. Bank of America Corp DE purchased a new position in Entergy during the 2nd quarter valued at about $1,991,669,000. Geode Capital Management LLC lifted its position in Entergy by 1.1% during the 4th quarter. Geode Capital Management LLC now owns 11,607,806 shares of the utilities provider's stock valued at $1,068,725,000 after acquiring an additional 126,625 shares during the period. Finally, Barrow Hanley Mewhinney & Strauss LLC bought a new stake in Entergy during the second quarter worth about $633,338,000. 88.07% of the stock is owned by hedge funds and other institutional investors.

Entergy Stock Up 0.5%

ETR opened at $98.61 on Friday. The business's fifty day simple moving average is $106.87 and its 200 day simple moving average is $109.89. Entergy has a 52 week low of $90.48 and a 52 week high of $118.44. The company has a quick ratio of 0.70, a current ratio of 0.91 and a debt-to-equity ratio of 1.73. The stock has a market cap of $46.01 billion, a PE ratio of 25.28, a P/E/G ratio of 2.20 and a beta of 0.49.

Entergy (NYSE:ETR - Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $1.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.02. The firm had revenue of $3.52 billion during the quarter, compared to analyst estimates of $3.49 billion. Entergy had a return on equity of 10.53% and a net margin of 13.40%.During the same quarter in the previous year, the company posted $1.05 earnings per share. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. As a group, research analysts expect that Entergy will post 4.4 earnings per share for the current fiscal year.

Entergy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Thursday, August 13th were paid a $0.64 dividend. The ex-dividend date of this dividend was Thursday, August 13th. This represents a $2.56 annualized dividend and a yield of 2.6%. Entergy's payout ratio is currently 65.64%.

Entergy Company Profile

Entergy Corporation is an integrated energy company headquartered in New Orleans, Louisiana. Through its regulated utility subsidiaries, the company generates, transmits, distributes and sells electricity to residential, commercial, industrial and governmental customers. Entergy also operates natural gas distribution businesses in parts of its service territory and provides related energy services.

Entergy serves customers across Arkansas, Louisiana, Mississippi and portions of Texas, including the greater New Orleans area.

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