What is Scotiabank's Estimate for Entergy FY2026 Earnings?

Entergy Corporation (NYSE:ETR - Free Report) - Equities researchers at Scotiabank issued their FY2026 EPS estimates for shares of Entergy in a note issued to investors on Wednesday, January 8th. Scotiabank analyst A. Weisel expects that the utilities provider will post earnings of $4.29 per share for the year. Scotiabank has a "Sector Perform" rating and a $82.00 price target on the stock. The consensus estimate for Entergy's current full-year earnings is $3.61 per share.

Entergy (NYSE:ETR - Get Free Report) last posted its earnings results on Thursday, October 31st. The utilities provider reported $1.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.46 by $0.04. Entergy had a net margin of 14.83% and a return on equity of 9.53%. The firm had revenue of $3.39 billion during the quarter, compared to analyst estimates of $3.46 billion. During the same period in the previous year, the business posted $1.64 EPS.

A number of other research analysts also recently weighed in on ETR. Mizuho lifted their price target on Entergy from $69.00 to $82.50 and gave the company an "outperform" rating in a report on Monday, November 4th. KeyCorp cut shares of Entergy from an "overweight" rating to a "sector weight" rating in a report on Wednesday, December 4th. UBS Group increased their price target on Entergy from $72.00 to $90.00 and gave the company a "buy" rating in a report on Tuesday, December 3rd. Guggenheim lifted their price objective on Entergy from $72.50 to $82.50 and gave the stock a "buy" rating in a research note on Friday, November 1st. Finally, StockNews.com raised shares of Entergy from a "sell" rating to a "hold" rating in a report on Sunday, December 29th. Six investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $77.37.

Entergy Price Performance

Shares of NYSE:ETR traded down $0.42 on Friday, reaching $76.18. 3,089,030 shares of the company traded hands, compared to its average volume of 2,924,022. The company's 50 day moving average is $75.32 and its 200-day moving average is $65.85. The stock has a market capitalization of $32.67 billion, a PE ratio of 18.56, a P/E/G ratio of 2.48 and a beta of 0.71. Entergy has a fifty-two week low of $48.08 and a fifty-two week high of $79.04. The company has a debt-to-equity ratio of 1.77, a current ratio of 0.89 and a quick ratio of 0.59.

Entergy Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Wednesday, November 13th were issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 3.15%. The ex-dividend date was Wednesday, November 13th. Entergy's dividend payout ratio is 58.39%.

Insiders Place Their Bets

In related news, insider Deanna D. Rodriguez sold 6,088 shares of the company'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 value of $450,146.72. Following the transaction, the insider now directly owns 3,952 shares in the company, valued at approximately $292,210.88. This represents a 60.64 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Eliecer Viamontes sold 400 shares of the stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $73.50, for a total transaction of $29,400.00. Following the transaction, the insider now owns 8,346 shares in the company, valued at $613,431. The trade was a 4.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 14,756 shares of company stock valued at $1,095,637. Corporate insiders own 0.39% of the company's stock.

Institutional Investors Weigh In On Entergy

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ETR. OneDigital Investment Advisors LLC lifted its holdings in Entergy by 2.1% in the third quarter. OneDigital Investment Advisors LLC now owns 3,427 shares of the utilities provider's stock worth $451,000 after buying an additional 69 shares during the period. Acropolis Investment Management LLC grew its stake in shares of Entergy by 0.8% in the third quarter. Acropolis Investment Management LLC now owns 8,836 shares of the utilities provider's stock worth $1,163,000 after acquiring an additional 69 shares during the period. Great Valley Advisor Group Inc. grew its holdings in shares of Entergy by 0.9% in the third quarter. Great Valley Advisor Group Inc. now owns 8,087 shares of the utilities provider's stock worth $1,065,000 after acquiring an additional 74 shares during the period. Bank & Trust Co lifted its stake in shares of Entergy by 12.8% in the 3rd quarter. Bank & Trust Co now owns 795 shares of the utilities provider's stock worth $105,000 after purchasing an additional 90 shares during the period. Finally, Prossimo Advisors LLC raised its position in Entergy by 1.5% in the third quarter. Prossimo Advisors LLC now owns 5,971 shares of the utilities provider's stock worth $786,000 after acquiring an additional 90 shares during the period. 88.07% of the stock is currently owned by institutional investors.

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.