Scotiabank Has Bullish Outlook for Entergy FY2027 Earnings

Key Points

• Scotiabank raised its FY2027 EPS estimate for Entergy to $5.10 (from $4.84) and maintains an Outperform rating with a $129 price target, while the Street consensus remains a "Moderate Buy" with a $117.11 target.
• Entergy posted a Q1 beat (EPS $0.86 vs. $0.84 expected) and reaffirmed FY2026 guidance of $4.25–$4.45, and also declared a quarterly dividend of $0.64 (2.2% yield).
• Institutional ownership is high at 88.07%, with major investors like JPMorgan, Norges Bank and Morgan Stanley significantly increasing or initiating positions recently.

Entergy Corporation (NYSE:ETR - Free Report) - Research analysts at Scotiabank boosted their FY2027 earnings estimates for Entergy in a research report issued to clients and investors on Friday, May 1st. Scotiabank analyst A. Weisel now anticipates that the utilities provider will post earnings per share of $5.10 for the year, up from their prior forecast of $4.84. Scotiabank has a "Outperform" rating and a $129.00 price objective on the stock. The consensus estimate for Entergy's current full-year earnings is $4.40 per share.

Other equities analysts also recently issued reports about the company. Jefferies Financial Group reiterated a "buy" rating and issued a $131.00 target price (up from $114.00) on shares of Entergy in a research report on Monday, April 20th. UBS Group reaffirmed a "buy" rating and issued a $135.00 price objective (up from $131.00) on shares of Entergy in a research note on Thursday. Wall Street Zen upgraded shares of Entergy from a "strong sell" rating to a "sell" rating in a report on Saturday. Barclays lifted their target price on shares of Entergy from $119.00 to $124.00 and gave the stock an "overweight" rating in a research report on Thursday. Finally, Siebert Williams Shank initiated coverage on shares of Entergy in a report on Tuesday, January 20th. They set a "buy" rating and a $109.00 target price on the stock. Two analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $117.11.

Entergy Trading Up 0.3%

Shares of ETR stock opened at $116.75 on Monday. Entergy has a twelve month low of $79.40 and a twelve month high of $118.45. The stock's fifty day simple moving average is $109.38 and its 200 day simple moving average is $100.39. The company has a quick ratio of 0.73, a current ratio of 0.96 and a debt-to-equity ratio of 1.80. The firm has a market capitalization of $53.45 billion, a P/E ratio of 29.78, a P/E/G ratio of 2.30 and a beta of 0.54.

Entergy (NYSE:ETR - Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The utilities provider reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.02. Entergy had a net margin of 13.48% and a return on equity of 10.75%. The company had revenue of $3.19 billion during the quarter, compared to the consensus estimate of $2.89 billion. During the same period in the prior year, the business earned $0.82 earnings per share. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS.

Entergy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Friday, May 1st will be paid a $0.64 dividend. The ex-dividend date of this dividend is Friday, May 1st. This represents a $2.56 annualized dividend and a dividend yield of 2.2%. Entergy's dividend payout ratio is presently 65.31%.

Insider Buying and Selling at Entergy

In other news, EVP John C. Dinelli sold 5,372 shares of the firm's stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $103.95, for a total transaction of $558,419.40. Following the completion of the transaction, the executive vice president directly owned 23,609 shares in the company, valued at $2,454,155.55. This trade represents a 18.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.21% of the company's stock.

Institutional Trading of Entergy

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ETR. JPMorgan Chase & Co. boosted 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 valued at $2,097,699,000 after purchasing an additional 8,046,287 shares during the last quarter. Norges Bank acquired a new stake in shares of Entergy during the fourth quarter worth $528,313,000. Morgan Stanley raised its stake in Entergy by 22.9% during the fourth quarter. Morgan Stanley now owns 10,651,436 shares of the utilities provider's stock worth $984,512,000 after buying an additional 1,986,369 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in Entergy by 89.6% in the fourth quarter. Raymond James Financial Inc. now owns 3,866,426 shares of the utilities provider's stock valued at $357,415,000 after buying an additional 1,826,782 shares during the period. Finally, Zimmer Partners LP acquired a new position in Entergy in the fourth quarter valued at $153,616,000. Institutional investors and hedge funds own 88.07% of the company's stock.

Key Entergy News

Here are the key news stories impacting Entergy this week:

• Positive Sentiment: Q1 results beat and guidance reaffirmed — Entergy reported adjusted EPS above expectations and reaffirmed its FY26 guidance, highlighting solid utility fundamentals and steady cash generation. This supports dividend visibility and earnings growth expectations. Article Title Earnings Call Highlights
• Positive Sentiment: Analyst upgrades and higher price targets — Wells Fargo raised its target to $128 (overweight) and Barclays lifted its target to $124 (overweight), signaling increased analyst confidence and providing upside supporters for the stock. Wells Fargo Upgrade Barclays Upgrade
• Neutral Sentiment: Meta data‑center deal and expanded US$40B capital plan — Entergy’s agreement to support Meta data centers plus a much larger capital plan point to sizable long‑term load growth and infrastructure spending, which could materially lift regulated revenue over time but require significant financing and execution. Investors are parsing growth prospects vs. funding/constructability risk. Article Title
• Neutral Sentiment: Analyst commentary roundup — Market write‑ups (e.g., Globe and Mail analysts piece) provide mixed takes on Entergy’s regulated earnings mix, capex profile and infrastructure exposure; useful for calibrating expectations but not a clear directional catalyst. Article Title

About Entergy

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.

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