NYSE:ETR

Entergy (ETR) Stock Price, News & Analysis

$106.46
-0.72 (-0.67%)
(As of 04/24/2024 ET)
Today's Range
$103.49
$107.08
50-Day Range
$99.95
$107.45
52-Week Range
$87.10
$109.53
Volume
2.45 million shs
Average Volume
1.41 million shs
Market Capitalization
$22.70 billion
P/E Ratio
9.60
Dividend Yield
4.25%
Price Target
$109.45

Entergy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.64 Rating Score
Upside/​Downside
2.8% Upside
$109.45 Price Target
Short Interest
Healthy
1.12% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.60
Upright™ Environmental Score
News Sentiment
0.75mentions of Entergy in the last 14 days
Based on 24 Articles This Week
Insider Trading
Selling Shares
$1.23 M Sold Last Quarter
Proj. Earnings Growth
6.79%
From $7.22 to $7.71 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.45 out of 5 stars

Utilities Sector

16th out of 89 stocks

Electric Services Industry

7th out of 41 stocks

ETR stock logo

About Entergy Stock (NYSE:ETR)

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. It also engages in the ownership of interests in non-nuclear power plants that sell electric power to wholesale customers, as well as provides decommissioning services to other nuclear power plant owners. It generates electricity through gas, nuclear, coal, hydro, and solar power sources. The company sells energy to retail power providers, utilities, electric power co-operatives, power trading organizations, and other power generation companies. The company's power plants have approximately 24,000 megawatts of electric generating capacity. It delivers electricity to 3 million utility customers in Arkansas, Louisiana, Mississippi, and Texas. Entergy Corporation was founded in 1913 and is headquartered in New Orleans, Louisiana.

ETR Stock Price History

ETR Stock News Headlines

Biden administration will lend $1.5B to restart Michigan nuclear power plant, a first in the US
The federal government will provide a $1.5 billion loan to restart a nuclear power plant in southwestern Michigan
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Q1 2024 Entergy Corp Earnings Call
Entergy Corp Q1 Profit Decreases, misses estimates
Entergy reports first quarter earnings
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Do you want to target weekly income of up to $2k or more… Starting with just $500... With just one trade per week?
Scotiabank Trims Entergy (NYSE:ETR) Target Price to $104.00
Entergy (NYSE:ETR) PT Raised to $112.00
Entergy (ETR) to Release Earnings on Wednesday
Entergy (NYSE:ETR) Given New $107.00 Price Target at Barclays
Barclays Remains a Hold on Entergy (ETR)
See More Headlines
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Company Calendar

Ex-Dividend for 3/1 Dividend
2/08/2024
Dividend Payable
3/01/2024
Last Earnings
4/24/2024
Today
4/25/2024
Ex-Dividend for 6/3 Dividend
5/01/2024
Dividend Payable
6/03/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Electric services
Sub-Industry
Electric Utilities
CUSIP
29364G10
Employees
12,177
Year Founded
1913

Price Target and Rating

Average Stock Price Target
$109.45
High Stock Price Target
$121.00
Low Stock Price Target
$94.00
Potential Upside/Downside
+2.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.64
Research Coverage
11 Analysts

Profitability

Net Income
$2.36 billion
Pretax Margin
13.76%

Debt

Sales & Book Value

Annual Sales
$12.15 billion
Cash Flow
$17.28 per share
Book Value
$69.15 per share

Miscellaneous

Free Float
212,091,000
Market Cap
$22.70 billion
Optionable
Optionable
Beta
0.71

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Should I Buy Entergy Stock? ETR Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Entergy Co.:

  • Entergy Co. has a diverse portfolio of power sources including gas, nuclear, coal, hydro, and solar power, providing stability and potential for growth in various market conditions.
  • The company delivers electricity to 3 million utility customers in multiple states, indicating a broad customer base and revenue stream.
  • Entergy Co. engages in the ownership of interests in non-nuclear power plants, offering additional revenue streams and diversification.
  • Recent developments show a positive trend in the stock price of Entergy Co., indicating potential for capital appreciation for investors.
  • With approximately 24,000 megawatts of electric generating capacity, Entergy Co. has the infrastructure to support its operations and meet energy demands efficiently.

Cons

Investors should be bearish about investing in Entergy Co. for these reasons:

  • Regulatory challenges in the electric services industry could impact the company's operations and profitability.
  • Dependence on natural gas distribution exposes Entergy Co. to fluctuations in gas prices, affecting its cost structure and margins.
  • Competition in the electric utilities sector is intense, leading to potential pricing pressures and reduced market share for Entergy Co.
  • Environmental concerns related to coal power sources may pose risks to the company's reputation and future regulatory compliance.
  • Investing in Entergy Co. involves exposure to market risks and volatility inherent in the energy sector, which may lead to fluctuations in stock prices.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these Entergy pros and cons to contact@marketbeat.com.

ETR Stock Analysis - Frequently Asked Questions

Should I buy or sell Entergy stock right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Entergy in the last year. There are currently 1 sell rating, 2 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ETR shares.
View ETR analyst ratings
or view top-rated stocks.

What is Entergy's stock price target for 2024?

11 brokers have issued 12-month target prices for Entergy's shares. Their ETR share price targets range from $94.00 to $121.00. On average, they expect the company's share price to reach $109.45 in the next year. This suggests a possible upside of 2.8% from the stock's current price.
View analysts price targets for ETR
or view top-rated stocks among Wall Street analysts.

How have ETR shares performed in 2024?

Entergy's stock was trading at $101.19 at the start of the year. Since then, ETR shares have increased by 5.2% and is now trading at $106.46.
View the best growth stocks for 2024 here
.

Are investors shorting Entergy?

Entergy saw a increase in short interest in March. As of March 31st, there was short interest totaling 2,390,000 shares, an increase of 8.1% from the March 15th total of 2,210,000 shares. Based on an average daily trading volume, of 1,370,000 shares, the days-to-cover ratio is currently 1.7 days.
View Entergy's Short Interest
.

How were Entergy's earnings last quarter?

Entergy Co. (NYSE:ETR) released its earnings results on Wednesday, April, 24th. The utilities provider reported $1.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.35 by $0.27. The utilities provider had revenue of $31.17 billion for the quarter, compared to analyst estimates of $3.16 billion. Entergy had a trailing twelve-month return on equity of 10.54% and a net margin of 19.41%. Entergy's revenue for the quarter was down .5% on a year-over-year basis. During the same period in the previous year, the business posted $1.14 EPS.

How often does Entergy pay dividends? What is the dividend yield for Entergy?

Entergy announced a quarterly dividend on Monday, April 8th. Stockholders of record on Thursday, May 2nd will be given a dividend of $1.13 per share on Monday, June 3rd. This represents a $4.52 dividend on an annualized basis and a dividend yield of 4.25%. The ex-dividend date is Wednesday, May 1st.
Read our dividend analysis for ETR
.

Is Entergy a good dividend stock?

Entergy (NYSE:ETR) pays an annual dividend of $4.52 per share and currently has a dividend yield of 4.23%. ETR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 40.76%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ETR will have a dividend payout ratio of 58.63% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ETR.

What guidance has Entergy issued on next quarter's earnings?

Entergy updated its FY24 earnings guidance on Wednesday, April, 24th. The company provided earnings per share guidance of $7.05-7.35 for the period, compared to the consensus estimate of $7.21.

What is Leo Denault's approval rating as Entergy's CEO?

82 employees have rated Entergy Chief Executive Officer Leo Denault on Glassdoor.com. Leo Denault has an approval rating of 88% among the company's employees.

What other stocks do shareholders of Entergy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Entergy investors own include Intel (INTC), AT&T (T), General Electric (GE), JPMorgan Chase & Co. (JPM), Wells Fargo & Company (WFC), Bank of America (BAC), DowDuPont (DWDP), Cisco Systems (CSCO), Dominion Energy (D) and Snap (SNAP).

Who are Entergy's major shareholders?

Entergy's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.48%), Confluence Investment Management LLC (0.41%), Ferguson Wellman Capital Management Inc. (0.29%), Raymond James & Associates (0.28%), Sumitomo Mitsui Trust Holdings Inc. (0.24%) and Perpetual Ltd (0.18%). Insiders that own company stock include Alexis M Herman, Alexis M Herman, Andrew S Marsh, Deanna D Rodriguez, Haley Fisackerly, Kimberly A Fontan, Kimberly A Fontan, Kimberly Cook-Nelson, Laura R Landreaux, Laura R Landreaux, Leo P Denault, Marcus V Brown, Marcus V Brown, Paul D Hinnenkamp, Paul D Hinnenkamp, Peter S Norgeot Jr and Phillip R May Jr.
View institutional ownership trends
.

How do I buy shares of Entergy?

Shares of ETR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Entergy have any subsidiaries?
The following companies are subsidiares of Entergy: AR Searcy Partnership LLC, Arkansas Power & Light Company LLC, Automatic Detection Systems, EAM Nelson Holding LLC, EWO Marketing LLC, Entergy Account Services LLC, Entergy Amalgamated Competitive Holdings LLC, Entergy Arkansas LLC, Entergy Asset Management Inc., Entergy Assets Management Company LLC, Entergy Assets Management Operations LLC, Entergy Enterprises Inc., Entergy Finance Company LLC, Entergy Finance Holding Inc., Entergy Gulf States Reconstruction Funding I LLC, Entergy Holdings Company LLC, Entergy Louisiana Investment Recovery Funding I L.L.C., Entergy Louisiana LLC, Entergy Mississippi LLC, Entergy New Orleans LLC, Entergy New Orleans Storm Recovery Funding I L.L.C., Entergy Northeast Holdings LLC, Entergy Nuclear Fuels Company, Entergy Nuclear Holding Company # 1, Entergy Nuclear Holding Company # 2, Entergy Nuclear Holding Company #3 LLC, Entergy Nuclear Holding Company LLC, Entergy Nuclear Inc., Entergy Nuclear Indian Point 2 LLC, Entergy Nuclear Indian Point 3 LLC, Entergy Nuclear Midwest Investment Company LLC, Entergy Nuclear Nebraska LLC, Entergy Nuclear New York Investment Company LLC, Entergy Nuclear Operations Inc., Entergy Nuclear Palisades LLC, Entergy Nuclear Power Marketing LLC, Entergy Operations Inc., Entergy Power & Light Company, Entergy Power Gas Operations LLC, Entergy Power Investment Holding Inc., Entergy Power LLC, Entergy Power Marketing Assets LLC, Entergy Power Marketing Holding I Inc., Entergy Power Marketing Holding II Inc., Entergy Power Marketing Properties LLC, Entergy Power Operations U.S. Inc., Entergy Power Ventures LLC, Entergy Services Holding Inc., Entergy Services LLC, Entergy Texas Inc., Entergy Texas Restoration Funding LLC, Entergy Utility Affiliates Holdings Inc., Entergy Utility Affiliates LLC, Entergy Utility Assets Holdings Inc., Entergy Utility Assets LLC, Entergy Utility Enterprises Inc., Entergy Utility Group Inc., Entergy Utility Holding Company LLC, Entergy Utility Property Inc., Gulf States Utilities Company, Louisiana Power & Light Company LLC, Merchant Holdings Properties LLC, Mississippi Power & Light Company, New Orleans Public Service Inc., Prudential Oil & Gas L.L.C. 42.5%, Prudential Oil & Gas L.L.C. 57.5%, Southern Gulf Railway LLC 42.5%, Southern Gulf Railway LLC 57.5%, System Energy Resources Inc., TLG Services LLC, The Light Heat and Water Company of Jackson Mississippi, and Varibus L.L.C..
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This page (NYSE:ETR) was last updated on 4/25/2024 by MarketBeat.com Staff

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