Entergy Corporation (NYSE:ETR – Free Report) – Equities research analysts at Scotiabank upped their FY2026 earnings estimates for shares of Entergy in a research note issued on Wednesday, March 19th. Scotiabank analyst A. Weisel now expects that the utilities provider will earn $4.38 per share for the year, up from their prior estimate of $4.29. 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 $3.88 per share.
Entergy (NYSE:ETR – Get Free Report) last released 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. The company had revenue of $2.74 billion for 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 last year, the company earned $0.26 EPS.
View Our Latest Analysis on ETR
Entergy Stock Performance
Entergy stock opened at $84.62 on Friday. The stock’s 50-day moving average is $82.75 and its 200-day moving average is $74.80. The company has a market cap of $36.42 billion, a price-to-earnings ratio of 34.75, a price-to-earnings-growth ratio of 2.34 and a beta of 0.68. Entergy has a 12 month low of $50.19 and a 12 month high of $88.38. The company has a debt-to-equity ratio of 1.81, a current ratio of 0.72 and a quick ratio of 0.59.
Entergy Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 10th were paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 2.84%. The ex-dividend date was Monday, February 10th. Entergy’s dividend payout ratio (DPR) is presently 98.77%.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the business. Legacy Investment Solutions LLC acquired a new stake in Entergy in the 3rd quarter worth approximately $27,000. NBT Bank N A NY boosted its holdings in Entergy by 100.0% during the fourth quarter. NBT Bank N A NY now owns 340 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 170 shares during the period. Fortis Group Advisors LLC increased its stake in shares of Entergy by 100.0% in the fourth quarter. Fortis Group Advisors LLC now owns 344 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 172 shares during the period. Duncker Streett & Co. Inc. lifted its position in shares of Entergy by 100.0% during the 4th quarter. Duncker Streett & Co. Inc. now owns 358 shares of the utilities provider’s stock worth $27,000 after purchasing an additional 179 shares during the last quarter. Finally, Sandy Spring Bank boosted its stake in Entergy by 100.0% during the 4th quarter. Sandy Spring Bank now owns 358 shares of the utilities provider’s stock valued at $27,000 after purchasing an additional 179 shares during the period. Institutional investors and hedge funds 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.
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