FY2025 EPS Estimates for Entergy Decreased by Analyst

Key Points

• Seaport Res Ptn has cut its FY2025 earnings estimate for Entergy Corporation from $3.93 to $3.90 per share, while the consensus estimate stands at $3.88 per share.
• Multiple analysts have adjusted their price targets for Entergy, with JPMorgan Chase raising its target from $100 to $102, and Barclays lowering theirs from $91 to $87.
• Entergy announced a quarterly dividend of $0.60 per share, set to be paid on September 2nd, representing an annualized yield of 2.72%.

Entergy Corporation (NYSE:ETR - Free Report) - Investment analysts at Seaport Res Ptn dropped their FY2025 earnings per share estimates for shares of Entergy in a research report issued to clients and investors on Monday, July 28th. Seaport Res Ptn analyst A. Storozynski now forecasts that the utilities provider will post earnings of $3.90 per share for the year, down from their prior forecast of $3.93. The consensus estimate for Entergy's current full-year earnings is $3.88 per share. Seaport Res Ptn also issued estimates for Entergy's FY2026 earnings at $4.41 EPS, FY2027 earnings at $4.86 EPS and FY2028 earnings at $5.39 EPS.

Entergy (NYSE:ETR - Get Free Report) last issued its earnings results on Wednesday, July 30th. The utilities provider reported $1.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.91 by $0.14. Entergy had a net margin of 14.35% and a return on equity of 11.52%. The business had revenue of $3.02 billion for the quarter, compared to analysts' expectations of $3.11 billion. During the same quarter in the previous year, the firm posted $1.92 EPS.

Several other research analysts have also issued reports on the stock. Raymond James Financial started coverage on shares of Entergy in a research report on Friday, June 13th. They issued a "market perform" rating for the company. Morgan Stanley cut their price target on shares of Entergy from $82.00 to $81.00 and set an "equal weight" rating for the company in a research report on Wednesday, June 18th. JPMorgan Chase & Co. upped their price target on shares of Entergy from $100.00 to $102.00 and gave the company an "overweight" rating in a research report on Tuesday, July 15th. BMO Capital Markets upped their price target on shares of Entergy from $89.00 to $93.00 and gave the company an "outperform" rating in a research report on Wednesday, April 30th. Finally, Mizuho set a $97.00 price target on shares of Entergy and gave the company an "outperform" rating in a research report on Thursday. Six equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $88.07.

Entergy Price Performance

Shares of Entergy stock traded up $1.19 during trading on Wednesday, hitting $90.48. The stock had a trading volume of 2,965,288 shares, compared to its average volume of 2,496,343. Entergy has a 12 month low of $57.47 and a 12 month high of $91.46. The business's 50-day moving average is $83.41 and its 200 day moving average is $83.09. The firm has a market cap of $38.98 billion, a price-to-earnings ratio of 22.54, a P/E/G ratio of 2.43 and a beta of 0.59. The company has a current ratio of 0.80, a quick ratio of 0.55 and a debt-to-equity ratio of 1.73.

Entergy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Wednesday, August 13th will be issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Wednesday, August 13th. Entergy's dividend payout ratio (DPR) is 59.85%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. increased its holdings in Entergy by 5.2% in the first quarter. Vanguard Group Inc. now owns 54,828,994 shares of the utilities provider's stock valued at $4,687,331,000 after buying an additional 2,695,348 shares in the last quarter. Bank of America Corp DE increased its holdings in Entergy by 142.8% in the fourth quarter. Bank of America Corp DE now owns 17,594,747 shares of the utilities provider's stock valued at $1,334,034,000 after buying an additional 10,347,926 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in Entergy by 2.2% in the first quarter. Ameriprise Financial Inc. now owns 13,173,889 shares of the utilities provider's stock valued at $1,126,244,000 after buying an additional 289,468 shares in the last quarter. FMR LLC increased its holdings in Entergy by 90.7% in the fourth quarter. FMR LLC now owns 12,612,407 shares of the utilities provider's stock valued at $956,273,000 after buying an additional 5,998,760 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in Entergy by 106.2% in the fourth quarter. Geode Capital Management LLC now owns 10,236,816 shares of the utilities provider's stock valued at $774,103,000 after buying an additional 5,271,559 shares in the last quarter. Hedge funds and other institutional investors own 88.07% of the company's stock.

Entergy Company Profile

Entergy Corporation, together with its subsidiaries, engages in the production and retail distribution of electricity in the United States. It generates, transmits, distributes, and sells electric power in portions of Arkansas, Louisiana, Mississippi, and Texas, including the City of New Orleans; and distributes natural gas.