Entergy (NYSE:ETR – Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 3.750-3.950 for the period, compared to the consensus EPS estimate of 3.920. The company issued revenue guidance of -.
Wall Street Analyst Weigh In
A number of research analysts recently weighed in on the stock. Scotiabank cut their target price on shares of Entergy from $165.00 to $82.00 and set a “sector perform” rating for the company in a report on Tuesday, January 7th. BMO Capital Markets dropped their price objective on shares of Entergy from $83.00 to $79.50 and set an “outperform” rating for the company in a research note on Monday, November 18th. Morgan Stanley upgraded shares of Entergy from an “underweight” rating to an “equal weight” rating and upped their target price for the company from $58.00 to $75.00 in a research report on Monday, November 4th. StockNews.com raised shares of Entergy from a “sell” rating to a “hold” rating in a report on Sunday, December 29th. Finally, LADENBURG THALM/SH SH raised Entergy from a “neutral” rating to a “buy” rating and set a $86.50 price objective on the stock in a research note on Thursday, January 30th. Five equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Entergy has a consensus rating of “Moderate Buy” and a consensus target price of $79.81.
Read Our Latest Analysis on ETR
Entergy Stock Up 6.0 %
Entergy (NYSE:ETR – Get Free Report) last released its quarterly earnings data on Tuesday, February 18th. The utilities provider reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.03. Entergy had a net margin of 14.83% and a return on equity of 9.53%. During the same period in the previous year, the business posted $0.26 earnings per share. Equities research analysts expect that Entergy will post 3.63 earnings per share for the current year.
Entergy Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Monday, February 10th will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 2.74%. The ex-dividend date of this dividend is Monday, February 10th. Entergy’s dividend payout ratio (DPR) is presently 58.47%.
Insider Transactions at Entergy
In other 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 completion of the sale, the insider now owns 3,952 shares of the company’s stock, valued at approximately $292,210.88. This represents a 60.64 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.54% of the company’s stock.
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.
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