Entergy (NYSE:ETR) Releases Earnings Results

Entergy (NYSE:ETR - Get Free Report) issued its earnings results on Tuesday. The utilities provider reported $0.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.03, RTT News reports. The business had revenue of $2.74 billion during the quarter, compared to analysts' expectations of $3.24 billion. Entergy had a net margin of 8.90% and a return on equity of 10.68%. During the same period in the previous year, the company earned $0.26 earnings per share. Entergy updated its FY 2025 guidance to 3.750-3.950 EPS.

Entergy Stock Performance

NYSE ETR traded down $0.92 during trading hours on Friday, hitting $84.94. 4,755,056 shares of the company's stock traded hands, compared to its average volume of 3,839,319. The business's fifty day moving average price is $79.24 and its two-hundred day moving average price is $71.30. The company has a current ratio of 0.72, a quick ratio of 0.59 and a debt-to-equity ratio of 1.81. The firm has a market capitalization of $36.56 billion, a P/E ratio of 34.88, a P/E/G ratio of 2.66 and a beta of 0.72. Entergy has a 52 week low of $49.80 and a 52 week high of $88.38.

Entergy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Monday, February 10th will be given a dividend of $0.60 per share. The ex-dividend date is Monday, February 10th. This represents a $2.40 annualized dividend and a yield of 2.83%. Entergy's dividend payout ratio (DPR) is 98.56%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on ETR shares. Barclays lifted their target price on shares of Entergy from $68.50 to $76.00 and gave the stock an "overweight" rating in a report on Tuesday, November 5th. Morgan Stanley raised shares of Entergy from an "underweight" rating to an "equal weight" rating and lifted their target price for the stock from $58.00 to $75.00 in a report on Monday, November 4th. Mizuho lifted their target price on shares of Entergy from $69.00 to $82.50 and gave the stock an "outperform" rating in a report on Monday, November 4th. Evercore ISI lifted their target price on shares of Entergy from $75.00 to $86.00 and gave the stock an "in-line" rating in a report on Wednesday. Finally, Wells Fargo & Company lifted their target price on shares of Entergy from $85.00 to $97.00 and gave the stock an "overweight" rating in a report on Wednesday. Six investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $82.14.

Insider Activity at Entergy

In related news, insider Deanna D. Rodriguez sold 6,088 shares of the business's stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $73.94, for a total transaction of $450,146.72. Following the completion of the sale, the insider now directly owns 3,952 shares in the company, valued at approximately $292,210.88. The trade was a 60.64 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.39% of the stock is currently owned by company insiders.

About Entergy

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.