Entergy (ETR) Stock Forecast, Price & News

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Entergy in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ETR shares.
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11 analysts have issued 1 year target prices for Entergy's shares. Their ETR share price forecasts range from $97.00 to $135.00. On average, they anticipate the company's share price to reach $113.75 in the next twelve months. This suggests a possible upside of 17.8% from the stock's current price.
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Entergy's stock was trading at $112.50 at the beginning of 2023. Since then, ETR stock has decreased by 14.2% and is now trading at $96.56.
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Entergy saw a increase in short interest in August. As of August 31st, there was short interest totaling 2,470,000 shares, an increase of 13.3% from the August 15th total of 2,180,000 shares. Based on an average daily volume of 1,640,000 shares, the days-to-cover ratio is currently 1.5 days.
View Entergy's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our ETR earnings forecast.

Entergy Co. (NYSE:ETR) released its quarterly earnings data on Wednesday, August, 2nd. The utilities provider reported $1.84 EPS for the quarter, beating the consensus estimate of $1.69 by $0.15. The utilities provider had revenue of $2.85 billion for the quarter, compared to the consensus estimate of $3.26 billion. Entergy had a trailing twelve-month return on equity of 10.22% and a net margin of 10.22%. During the same quarter in the prior year, the company posted $1.78 earnings per share.
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Entergy declared a quarterly dividend on Friday, July 28th. Stockholders of record on Friday, August 11th will be paid a dividend of $1.07 per share on Friday, September 1st. This represents a $4.28 annualized dividend and a yield of 4.43%. The ex-dividend date of this dividend is Thursday, August 10th.
Read our dividend analysis for ETR.

ETFs with the largest weight of Entergy (NYSE:ETR) stock in their portfolio include Virtus Reaves Utilities ETF (UTES), First Trust Utilities AlphaDEX Fund (FXU), Invesco S&P 500 Equal Weight Utilities ETF (RYU), Invesco S&P 500 Equal Weight Utilities ETF (RSPU), Utilities Select Sector SPDR Fund (XLU), Sound Equity Dividend Income ETF (DIVY), Sound Equity Income ETF (SDEI) and Fidelity MSCI Utilities Index ETF (FUTY).

Entergy (NYSE:ETR) pays an annual dividend of $4.28 per share and currently has a dividend yield of 4.36%. 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 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 65.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ETR will have a dividend payout ratio of 58.55% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ETR.

Entergy updated its FY23 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share guidance of $6.55-$6.85 for the period, compared to the consensus earnings per share estimate of $6.71.

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.

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).

Entergy trades on the New York Stock Exchange (NYSE) under the ticker symbol "ETR."

Entergy's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.36%), State Street Corp (6.02%), Capital International Investors (4.95%), Geode Capital Management LLC (2.10%), Franklin Resources Inc. (1.54%) and Mitsubishi UFJ Trust & Banking Corp (1.46%). Insiders that own company stock include Alexis M Herman, Alexis M Herman, Andrew S Marsh, Andrew S Marsh, Deanna D Rodriguez, Haley Fisackerly, Kimberly A Fontan, Kimberly A Fontan, 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.
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Shares of ETR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ETR stock can currently be purchased for approximately $96.56.

Entergy (NYSE:ETR) has a market capitalization of $20.42 billion and generates $13.76 billion in revenue each year. The utilities provider earns $1.10 billion in net income (profit) each year or $6.56 on an earnings per share basis.

The company employs 11,707 workers across the globe.

Entergy's mailing address is 639 LOYOLA AVE, NEW ORLEANS LA, 70161. The official website for the company is www.entergy.com. The utilities provider can be reached via phone at (504) 576-4000, via email at dborde@entergy.com, or via fax at 504-576-4001.