Entergy (ETR) Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Entergy in the last year. There are currently 1 sell rating, 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street 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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9 brokers have issued 12 month price targets for Entergy's shares. Their ETR share price forecasts range from $106.00 to $135.00. On average, they anticipate the company's share price to reach $119.00 in the next twelve months. This suggests a possible upside of 19.8% from the stock's current price.
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Entergy's stock was trading at $112.50 at the beginning of the year. Since then, ETR shares have decreased by 11.7% and is now trading at $99.32.
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Entergy saw a decrease in short interest in April. As of April 30th, there was short interest totaling 2,140,000 shares, a decrease of 10.1% from the April 15th total of 2,380,000 shares. Based on an average daily trading volume, of 1,250,000 shares, the days-to-cover ratio is presently 1.7 days.
View Entergy's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our ETR earnings forecast.

Entergy Co. (NYSE:ETR) released its earnings results on Wednesday, April, 26th. The utilities provider reported $1.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.34 by $0.20. The utilities provider had revenue of $2.98 billion for the quarter, compared to analysts' expectations of $2.80 billion. Entergy had a net margin of 8.17% and a trailing twelve-month return on equity of 10.34%. During the same quarter in the prior year, the company earned $1.32 earnings per share.
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Entergy declared a quarterly dividend on Monday, April 10th. Investors of record on Thursday, May 4th will be given a dividend of $1.07 per share on Thursday, June 1st. This represents a $4.28 annualized dividend and a yield of 4.31%. The ex-dividend date is Wednesday, May 3rd.
Read our dividend analysis for ETR.

ETFs with the largest weight of Entergy (NYSE:ETR) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), Virtus Reaves Utilities ETF (UTES), Invesco S&P 500 Equal Weight Utilities ETF (RYU), First Trust Utilities AlphaDEX Fund (FXU), Burney U.S. Factor Rotation ETF (BRNY), Utilities Select Sector SPDR Fund (XLU), Vanguard Utilities ETF (VPU) 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 77.82%. 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 59.69% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ETR.

Entergy issued an update on its FY 2023 earnings guidance on Thursday, April, 27th. The company provided earnings per share (EPS) guidance of $6.55-$6.85 for the period, compared to the consensus earnings per share estimate of $6.71. 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 number of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.24%), State Street Corp (5.84%), Bank of America Corp DE (4.28%), FMR LLC (3.02%), JPMorgan Chase & Co. (2.21%) and Ameriprise Financial Inc. (2.14%). 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 $99.32.

Entergy (NYSE:ETR) has a market capitalization of $21.00 billion and generates $13.76 billion in revenue each year. The utilities provider earns $1.10 billion in net income (profit) each year or $5.50 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.