Entergy (ETR) Stock Price, News & Analysis

Company Overview

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. It also engages in the ownership of interests in non-nuclear power plants that sell electric power to wholesale customers, as well as provides decommissioning services to other nuclear power plant owners. It generates electricity through gas, nuclear, coal, hydro, and solar power sources. The company sells energy to retail power providers, utilities, electric power co-operatives, power trading organizations, and other power generation companies. The company's power plants have approximately 24,000 megawatts of electric generating capacity. It delivers electricity to 3 million utility customers in Arkansas, Louisiana, Mississippi, and Texas. Entergy Corporation was founded in 1913 and is headquartered in New Orleans, Louisiana.

Key Stats

• Today's Range: $127.91 to $129.50
• 50-Day Range: $106.83 to $129.08
• 52-Week Range: $87.10 to $129.66
• Volume: 1.82 million shs
• Average Volume: 1.56 million shs
• Market Capitalization: $27.46 billion
• P/E Ratio: 12.90
• Dividend Yield: 3.51%
• Price Target: $125.35
• Consensus Rating: Moderate Buy

Entergy Stock Analysis - MarketRank™

Entergy scored higher than 92% of companies evaluated by MarketBeat, and ranked 14th out of 97 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Entergy has received a consensus rating of Moderate Buy. The company's average rating score is 2.79, and is based on 10 buy ratings, 2 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Entergy has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 7.06%

Earnings Growth

Earnings for Entergy are expected to grow by 7.06% in the coming year, from $7.22 to $7.73 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Entergy is 12.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.09.

Price to Earnings Ratio vs. Sector

The P/E ratio of Entergy is 12.90, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 92.09.

Price to Earnings Growth Ratio

Entergy has a PEG Ratio of 2.31. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Entergy has a P/B Ratio of 1.86. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.39% of the outstanding shares of Entergy have been sold short.

Short Interest Ratio / Days to Cover

Entergy has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Entergy has recently increased by 5.34%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Entergy is a leading dividend payer. It pays a dividend yield of 3.66%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Entergy does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Entergy is 45.34%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Entergy will have a dividend payout ratio of 58.47% next year. This indicates that Entergy will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.4 / 5
• Environmental Score: -2.60

Percentage of Shares Shorted

1.39% of the outstanding shares of Entergy have been sold short.

Short Interest Ratio / Days to Cover

Entergy has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Entergy has recently increased by 5.34%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.44

News Sentiment

Entergy has a news sentiment score of 0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Utilities companies.

News Coverage This Week

MarketBeat has tracked 38 news articles for Entergy this week, compared to 11 articles on an average week.

Search Interest

Only 9 people have searched for ETR on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.

MarketBeat Follows

Only 4 people have added Entergy to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Entergy insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,110,766.00 in company stock.

Percentage Held by Insiders

Only 0.39% of the stock of Entergy is held by insiders.

Percentage Held by Institutions

88.07% of the stock of Entergy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ETR Stock Analysis - Frequently Asked Questions

How have ETR shares performed this year?

Entergy's stock was trading at $101.19 at the beginning of 2024. Since then, ETR stock has increased by 27.1% and is now trading at $128.61.
View the best growth stocks for 2024 here.

How were Entergy's earnings last quarter?

Entergy Co. (NYSE:ETR) released its earnings results on Thursday, August, 1st. The utilities provider reported $1.92 EPS for the quarter, topping the consensus estimate of $1.76 by $0.16. The utilities provider had revenue of $2.95 billion for the quarter, compared to analysts' expectations of $2.98 billion. Entergy had a trailing twelve-month return on equity of 10.10% and a net margin of 14.75%.
Read the conference call transcript.

Does Entergy have any subsidiaries?

Entergy subsidiaries include these companies: Automatic Detection Systems, Arkansas Power & Light Company LLC, AR Searcy Partnership LLC, EAM Nelson Holding LLC, Entergy Account Services LLC, Entergy Amalgamated Competitive Holdings LLC, Entergy Arkansas LLC, and others.

Who are Entergy's major shareholders?

Top institutional shareholders of Entergy include Barrow Hanley Mewhinney & Strauss LLC (3.24%), Ameriprise Financial Inc. (3.03%), ClearBridge Investments Ltd (1.47%) and Newport Trust Company LLC (1.33%). Insiders that own company stock include Leo P Denault, Andrew S Marsh, Peter S Norgeot Jr, Paul D Hinnenkamp, Kimberly Cook-Nelson, Phillip R May Jr, Marcus V Brown, Alexis M Herman, Eliecer Viamontes, Deanna D Rodriguez, Haley Fisackerly, Reginald T Jackson, Kimberly A Fontan and Laura R Landreaux.
View institutional ownership trends.

How do I buy shares of Entergy?

Shares of ETR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Entergy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Entergy investors own include Intel (INTC), AT&T (T), General Electric (GE), JPMorgan Chase & Co. (JPM), Wells Fargo & Company (WFC), Bank of America (BAC) and DowDuPont (DWDP).

Company Calendar

• Last Earnings: 8/01/2024
• Ex-Dividend for 9/3 Dividend: 8/13/2024
• Dividend Payable: 9/03/2024
• Today: 9/18/2024
• Next Earnings (Estimated): 11/06/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Utilities
• Industry: Electric services
• Sub-Industry: Electric Utilities
• Current Symbol: NYSE:ETR
• CUSIP: 29364G10
• CIK: 65984
• Web: www.entergy.com
• Phone: (504) 576-4000
• Fax: 504-576-4001
• Employees: 12,177
• Year Founded: 1913

Price Target and Rating

• Average Stock Price Target: $125.35
• High Stock Price Target: $141.00
• Low Stock Price Target: $109.00
• Potential Upside/Downside: -2.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.79
• Research Coverage: 14 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $9.97
• Trailing P/E Ratio: 12.90
• Forward P/E Ratio: 17.81
• P/E Growth: 2.31
• Net Income: $2.36 billion
• Net Margins: 14.75%
• Pretax Margin: 9.07%
• Return on Equity: 10.10%
• Return on Assets: 2.37%

Debt

• Debt-to-Equity Ratio: 1.81
• Current Ratio: 0.94
• Quick Ratio: 0.62

Sales & Book Value

• Annual Sales: $12.07 billion
• Price / Sales: 2.28
• Cash Flow: $18.35 per share
• Price / Cash Flow: 7.01
• Book Value: $69.15 per share
• Price / Book: 1.86

Miscellaneous

• Outstanding Shares: 213,537,000
• Free Float: 212,704,000
• Market Cap: $27.46 billion
• Optionable: Optionable
• Beta: 0.73