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NYSE:ETR

Entergy (ETR) Stock Price, News & Analysis

$107.00
+0.24 (+0.22%)
(As of 06/28/2024 ET)
Today's Range
$106.45
$107.33
50-Day Range
$105.78
$114.18
52-Week Range
$87.10
$114.28
Volume
2.55 million shs
Average Volume
1.71 million shs
Market Capitalization
$22.85 billion
P/E Ratio
10.73
Dividend Yield
4.22%
Price Target
$113.73

Entergy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.62 Rating Score
Upside/​Downside
6.3% Upside
$113.73 Price Target
Short Interest
Healthy
1.66% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.60
Upright™ Environmental Score
News Sentiment
0.57mentions of Entergy in the last 14 days
Based on 21 Articles This Week
Insider Trading
Selling Shares
$1.17 M Sold Last Quarter
Proj. Earnings Growth
7.06%
From $7.22 to $7.73 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.50 out of 5 stars

Utilities Sector

20th out of 87 stocks

Electric Services Industry

9th out of 42 stocks

ETR stock logo

About Entergy Stock (NYSE:ETR)

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.

ETR Stock Price History

ETR Stock News Headlines

Zacks Research Comments on Entergy Co.'s Q3 2025 Earnings (NYSE:ETR)
Who are Nvidia’s Silent Partners?
Nvidia recently became just the third $2 trillion company. But Nvidia can’t do everything by itself.
Brokerages Set Entergy Co. (NYSE:ETR) Price Target at $114.12
Who are Nvidia’s Silent Partners?
Nvidia recently became just the third $2 trillion company. But Nvidia can’t do everything by itself.
Entergy to host its 2024 Analyst Day on June 7
Entergy Corporation: A Hold Despite Debt Burden
See More Headlines

Company Calendar

Last Earnings
4/24/2024
Ex-Dividend for 6/3 Dividend
5/01/2024
Dividend Payable
6/03/2024
Today
6/29/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Electric services
Sub-Industry
Electric Utilities
CUSIP
29364G10
Employees
12,177
Year Founded
1913

Price Target and Rating

Average Stock Price Target
$113.73
High Stock Price Target
$125.00
Low Stock Price Target
$98.00
Potential Upside/Downside
+6.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.62
Research Coverage
13 Analysts

Profitability

Net Income
$2.36 billion
Pretax Margin
12.84%

Debt

Sales & Book Value

Annual Sales
$12.15 billion
Cash Flow
$17.48 per share
Book Value
$69.15 per share

Miscellaneous

Free Float
212,704,000
Market Cap
$22.85 billion
Optionable
Optionable
Beta
0.73

Social Links

Should I Buy Entergy Stock? ETR Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Entergy Co.:

  • Entergy Corporation is a leading electricity producer and distributor in the United States, operating in multiple states including Arkansas, Louisiana, Mississippi, and Texas.
  • Recent developments show that Entergy Co. has been investing in clean energy initiatives, positioning itself well for the shift towards renewable energy sources.
  • Entergy Co. has a strong track record of consistent revenue growth and profitability, providing stability for investors.
  • With a current stock price of $120 per share, Entergy Co. offers a relatively affordable entry point for investors looking to capitalize on the energy sector.
  • Entergy Co. has a diversified business model, with operations in both electricity production and retail distribution, reducing risk for investors.

Cons

Investors should be bearish about investing in Entergy Co. for these reasons:

  • Entergy Co. faces regulatory challenges in the energy sector, which could impact its operations and profitability.
  • The company's reliance on traditional energy sources like fossil fuels may pose risks in the long term as the world shifts towards renewable energy.
  • Entergy Co. operates in a highly competitive industry, facing competition from other major players in the electricity market.
  • Recent controversies surrounding environmental impact and sustainability practices could affect Entergy Co.'s reputation and investor confidence.
  • Fluctuations in energy prices and demand could impact Entergy Co.'s financial performance and stock value.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, June 7, 2024. Please send any questions or comments about these Entergy pros and cons to contact@marketbeat.com.

ETR Stock Analysis - Frequently Asked Questions

Should I buy or sell Entergy stock right now?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Entergy in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ETR shares.
View ETR analyst ratings
or view top-rated stocks.

What is Entergy's stock price target for 2024?

13 Wall Street analysts have issued twelve-month price objectives for Entergy's shares. Their ETR share price targets range from $98.00 to $125.00. On average, they expect the company's stock price to reach $113.73 in the next year. This suggests a possible upside of 6.3% from the stock's current price.
View analysts price targets for ETR
or view top-rated stocks among Wall Street analysts.

How have ETR shares performed in 2024?

Entergy's stock was trading at $101.19 at the beginning of 2024. Since then, ETR stock has increased by 5.7% and is now trading at $107.00.
View the best growth stocks for 2024 here
.

Are investors shorting Entergy?

Entergy saw a increase in short interest in June. As of June 15th, there was short interest totaling 3,550,000 shares, an increase of 51.7% from the May 31st total of 2,340,000 shares. Based on an average trading volume of 1,690,000 shares, the days-to-cover ratio is presently 2.1 days.
View Entergy's Short Interest
.

When is Entergy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our ETR earnings forecast
.

How were Entergy's earnings last quarter?

Entergy Co. (NYSE:ETR) issued its quarterly earnings results on Wednesday, April, 24th. The utilities provider reported $1.08 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.44 by $0.36. The utilities provider had revenue of $31.17 billion for the quarter, compared to analyst estimates of $3.16 billion. Entergy had a net margin of 17.75% and a trailing twelve-month return on equity of 10.20%. Entergy's revenue was down .5% on a year-over-year basis. During the same period in the prior year, the firm posted $1.14 earnings per share.
Read the conference call transcript
.

How often does Entergy pay dividends? What is the dividend yield for Entergy?

Entergy announced a quarterly dividend on Monday, April 8th. Investors of record on Thursday, May 2nd will be paid a dividend of $1.13 per share on Monday, June 3rd. This represents a $4.52 annualized dividend and a dividend yield of 4.22%. The ex-dividend date is Wednesday, May 1st.
Read our dividend analysis for ETR
.

Is Entergy a good dividend stock?

Entergy (NYSE:ETR) pays an annual dividend of $4.52 per share and currently has a dividend yield of 4.23%. ETR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 45.34%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ETR will have a dividend payout ratio of 58.47% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ETR.

What guidance has Entergy issued on next quarter's earnings?

Entergy updated its FY24 earnings guidance on Wednesday, April, 24th. The company provided earnings per share (EPS) guidance of $7.05-7.35 for the period, compared to the consensus EPS estimate of $7.21.

What is Leo Denault's approval rating as Entergy's CEO?

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.

What other stocks do shareholders of Entergy own?

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).

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.

Does Entergy have any subsidiaries?
The following companies are subsidiares of Entergy: AR Searcy Partnership LLC, Arkansas Power & Light Company LLC, Automatic Detection Systems, EAM Nelson Holding LLC, EWO Marketing LLC, Entergy Account Services LLC, Entergy Amalgamated Competitive Holdings LLC, Entergy Arkansas LLC, Entergy Asset Management Inc., Entergy Assets Management Company LLC, Entergy Assets Management Operations LLC, Entergy Enterprises Inc., Entergy Finance Company LLC, Entergy Finance Holding Inc., Entergy Gulf States Reconstruction Funding I LLC, Entergy Holdings Company LLC, Entergy Louisiana Investment Recovery Funding I L.L.C., Entergy Louisiana LLC, Entergy Mississippi LLC, Entergy New Orleans LLC, Entergy New Orleans Storm Recovery Funding I L.L.C., Entergy Northeast Holdings LLC, Entergy Nuclear Fuels Company, Entergy Nuclear Holding Company # 1, Entergy Nuclear Holding Company # 2, Entergy Nuclear Holding Company #3 LLC, Entergy Nuclear Holding Company LLC, Entergy Nuclear Inc., Entergy Nuclear Indian Point 2 LLC, Entergy Nuclear Indian Point 3 LLC, Entergy Nuclear Midwest Investment Company LLC, Entergy Nuclear Nebraska LLC, Entergy Nuclear New York Investment Company LLC, Entergy Nuclear Operations Inc., Entergy Nuclear Palisades LLC, Entergy Nuclear Power Marketing LLC, Entergy Operations Inc., Entergy Power & Light Company, Entergy Power Gas Operations LLC, Entergy Power Investment Holding Inc., Entergy Power LLC, Entergy Power Marketing Assets LLC, Entergy Power Marketing Holding I Inc., Entergy Power Marketing Holding II Inc., Entergy Power Marketing Properties LLC, Entergy Power Operations U.S. Inc., Entergy Power Ventures LLC, Entergy Services Holding Inc., Entergy Services LLC, Entergy Texas Inc., Entergy Texas Restoration Funding LLC, Entergy Utility Affiliates Holdings Inc., Entergy Utility Affiliates LLC, Entergy Utility Assets Holdings Inc., Entergy Utility Assets LLC, Entergy Utility Enterprises Inc., Entergy Utility Group Inc., Entergy Utility Holding Company LLC, Entergy Utility Property Inc., Gulf States Utilities Company, Louisiana Power & Light Company LLC, Merchant Holdings Properties LLC, Mississippi Power & Light Company, New Orleans Public Service Inc., Prudential Oil & Gas L.L.C. 42.5%, Prudential Oil & Gas L.L.C. 57.5%, Southern Gulf Railway LLC 42.5%, Southern Gulf Railway LLC 57.5%, System Energy Resources Inc., TLG Services LLC, The Light Heat and Water Company of Jackson Mississippi, and Varibus L.L.C..
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This page (NYSE:ETR) was last updated on 6/30/2024 by MarketBeat.com Staff

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