Entergy (ETR) Projected to Post Earnings on Tuesday

Entergy (NYSE:ETR - Get Free Report) is expected to be issuing its Q1 2025 quarterly earnings data before the market opens on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.60 per share and revenue of $3.13 billion for the quarter. Entergy has set its FY 2025 guidance at 3.750-3.950 EPS.

Entergy (NYSE:ETR - Get Free Report) last posted its quarterly earnings results on Tuesday, February 18th. The utilities provider reported $0.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.03. Entergy had a net margin of 8.90% and a return on equity of 10.68%. The firm had revenue of $2.74 billion for the quarter, compared to analyst estimates of $3.24 billion. During the same period in the prior year, the firm posted $0.26 earnings per share. On average, analysts expect Entergy to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Entergy Stock Performance

ETR stock traded down $0.37 during midday trading on Friday, reaching $84.60. 1,212,523 shares of the company were exchanged, compared to its average volume of 3,668,577. The company has a debt-to-equity ratio of 1.81, a current ratio of 0.72 and a quick ratio of 0.59. The firm has a market capitalization of $36.44 billion, a price-to-earnings ratio of 34.73, a price-to-earnings-growth ratio of 2.34 and a beta of 0.56. The business has a 50-day moving average price of $83.57 and a two-hundred day moving average price of $78.25. Entergy has a one year low of $52.07 and a one year high of $88.38.

Entergy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Friday, May 2nd will be paid a dividend of $0.60 per share. The ex-dividend date is Friday, May 2nd. This represents a $2.40 dividend on an annualized basis and a yield of 2.84%. Entergy's dividend payout ratio (DPR) is presently 98.77%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on ETR. Morgan Stanley reaffirmed an "overweight" rating on shares of Entergy in a research note on Wednesday. BMO Capital Markets decreased their price objective on shares of Entergy from $94.00 to $89.00 and set an "outperform" rating on the stock in a research note on Friday, April 11th. UBS Group upped their target price on Entergy from $86.00 to $96.00 and gave the stock a "buy" rating in a research note on Friday, March 21st. Barclays boosted their price target on Entergy from $79.00 to $88.00 and gave the stock an "overweight" rating in a report on Tuesday, April 8th. Finally, Evercore ISI raised their price objective on Entergy from $75.00 to $86.00 and gave the company an "in-line" rating in a research note on Wednesday, February 19th. Five 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.com, the company currently has an average rating of "Moderate Buy" and an average price target of $85.25.

Institutional Investors Weigh In On Entergy

A hedge fund recently raised its stake in Entergy stock. Brighton Jones LLC lifted its stake in shares of Entergy Corporation (NYSE:ETR - Free Report) by 275.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 9,176 shares of the utilities provider's stock after buying an additional 6,733 shares during the quarter. Brighton Jones LLC's holdings in Entergy were worth $696,000 as of its most recent filing with the Securities & Exchange Commission. 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.