Entergy - ETR Stock Forecast, Price & News

8 Wall Street equities research 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 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ETR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ETR, but not buy additional shares or sell existing shares.
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8 brokerages have issued twelve-month target prices for Entergy's stock. Their ETR share price forecasts range from $28.00 to $224.00. On average, they anticipate the company's stock price to reach $122.07 in the next year. This suggests a possible upside of 16.8% from the stock's current price.
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Entergy's stock was trading at $112.50 on January 1st, 2023. Since then, ETR stock has decreased by 7.1% and is now trading at $104.51.
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Entergy saw a decline in short interest in March. As of March 15th, there was short interest totaling 2,060,000 shares, a decline of 16.9% from the February 28th total of 2,480,000 shares. Based on an average daily trading volume, of 1,480,000 shares, the days-to-cover ratio is presently 1.4 days.
View Entergy's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023.
View our ETR earnings forecast.

Entergy Co. (NYSE:ETR) announced its quarterly earnings results on Thursday, February, 16th. The utilities provider reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.06. The utilities provider had revenue of $3.27 billion for the quarter, compared to analysts' expectations of $2.65 billion. Entergy had a trailing twelve-month return on equity of 10.88% and a net margin of 8.01%. During the same quarter last year, the company posted $0.76 EPS.
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Entergy announced a quarterly dividend on Friday, January 27th. Investors of record on Friday, February 10th will be paid a dividend of $1.07 per share on Wednesday, March 1st. This represents a $4.28 annualized dividend and a yield of 4.10%. The ex-dividend date is Thursday, February 9th.
Read our dividend analysis for ETR.

ETFs with the largest weight of Entergy (NYSE:ETR) stock in their portfolio include VanEck Uranium+Nuclear Energy ETF (NLR), Virtus Reaves Utilities ETF (UTES), Invesco S&P 500 Equal Weight Utilities ETF (RYU), First Trust Utilities AlphaDEX Fund (FXU), Utilities Select Sector SPDR Fund (XLU), Vanguard Utilities ETF (VPU), Fidelity MSCI Utilities Index ETF (FUTY) and iShares U.S. Utilities ETF (IDU).

Entergy (NYSE:ETR) pays an annual dividend of $4.28 per share and currently has a dividend yield of 4.13%. 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 79.41%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, ETR will have a dividend payout ratio of 59.44% 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 FY 2023 earnings guidance on Monday, February, 20th. The company provided earnings per share guidance of $6.55-$6.85 for the period, compared to the consensus earnings per share estimate of $6.73. The company issued revenue guidance of -.

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 variety of institutional and retail investors. Top institutional investors include Bank of America Corp DE (4.08%), JPMorgan Chase & Co. (2.05%), Geode Capital Management LLC (2.01%), Newport Trust Co (1.51%), Boston Partners (1.49%) and Mitsubishi UFJ Trust & Banking Corp (1.35%). 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 $104.51.

Entergy (NYSE:ETR) has a market capitalization of $22.09 billion and generates $13.76 billion in revenue each year. The utilities provider earns $1.10 billion in net income (profit) each year or $5.39 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.