Zacks Research Comments on Entergy Co.’s Q2 2026 Earnings (NYSE:ETR)

Entergy Co. (NYSE:ETR) – Research analysts at Zacks Research lowered their Q2 2026 EPS estimates for shares of Entergy in a report released on Tuesday, September 17th. Zacks Research analyst R. Department now expects that the utilities provider will post earnings of $1.92 per share for the quarter, down from their prior forecast of $1.93. The consensus estimate for Entergy’s current full-year earnings is $7.22 per share. Zacks Research also issued estimates for Entergy’s FY2026 earnings at $8.31 EPS.

Several other brokerages have also issued reports on ETR. Bank of America raised their target price on Entergy from $135.00 to $138.00 and gave the company a “buy” rating in a research report on Thursday, August 29th. Barclays upgraded shares of Entergy from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $115.00 to $138.00 in a research note on Tuesday. Guggenheim raised their price target on shares of Entergy from $118.00 to $128.00 and gave the stock a “buy” rating in a research note on Friday, August 2nd. Morgan Stanley upped their price objective on Entergy from $100.00 to $109.00 and gave the company an “underweight” rating in a research note on Friday, August 23rd. Finally, Wells Fargo & Company raised their target price on Entergy from $125.00 to $137.00 and gave the stock an “overweight” rating in a research report on Friday, August 2nd. One analyst has rated the stock with a sell rating, three have issued a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $125.35.

Entergy Stock Performance

Shares of ETR opened at $127.68 on Thursday. The stock has a 50 day moving average of $118.12 and a 200 day moving average of $110.62. The company has a market capitalization of $27.26 billion, a price-to-earnings ratio of 12.81, a PEG ratio of 2.31 and a beta of 0.73. Entergy has a 12 month low of $87.10 and a 12 month high of $129.66. The company has a current ratio of 0.94, a quick ratio of 0.62 and a debt-to-equity ratio of 1.81.

Entergy (NYSE:ETR) last released its quarterly earnings results on Thursday, August 1st. The utilities provider reported $1.92 earnings per share for the quarter, topping the consensus estimate of $1.76 by $0.16. The business had revenue of $2.95 billion for the quarter, compared to analysts’ expectations of $2.98 billion. Entergy had a net margin of 14.75% and a return on equity of 10.10%. During the same period in the previous year, the company earned $1.84 earnings per share.

Hedge Funds Weigh In On Entergy

A number of large investors have recently modified their holdings of the company. Ameriprise Financial Inc. raised its stake in shares of Entergy by 47.1% during the second quarter. Ameriprise Financial Inc. now owns 6,479,044 shares of the utilities provider’s stock worth $693,260,000 after acquiring an additional 2,075,776 shares in the last quarter. Capital International Investors grew its stake in shares of Entergy by 64.2% during the first quarter. Capital International Investors now owns 4,170,045 shares of the utilities provider’s stock valued at $440,690,000 after buying an additional 1,630,057 shares during the last quarter. Norges Bank bought a new stake in shares of Entergy in the 4th quarter valued at about $127,675,000. Millennium Management LLC grew its position in Entergy by 185.5% during the 2nd quarter. Millennium Management LLC now owns 1,876,672 shares of the utilities provider’s stock worth $200,804,000 after acquiring an additional 1,219,419 shares during the last quarter. Finally, Confluence Investment Management LLC bought a new stake in Entergy in the first quarter valued at approximately $92,257,000. 88.07% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Entergy

In other news, CEO Andrew S. Marsh sold 3,200 shares of the company’s stock in a transaction on Monday, August 5th. The shares were sold at an average price of $121.46, for a total value of $388,672.00. Following the transaction, the chief executive officer now owns 150,731 shares of the company’s stock, valued at $18,307,787.26. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, COO Peter S. Norgeot, Jr. sold 11,472 shares of Entergy stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $115.16, for a total transaction of $1,321,115.52. Following the completion of the sale, the chief operating officer now directly owns 37,888 shares of the company’s stock, valued at approximately $4,363,182.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Andrew S. Marsh sold 3,200 shares of the firm’s stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $121.46, for a total value of $388,672.00. Following the sale, the chief executive officer now owns 150,731 shares in the company, valued at approximately $18,307,787.26. The disclosure for this sale can be found here. Insiders sold a total of 42,888 shares of company stock valued at $5,110,766 in the last three months. Company insiders own 0.39% of the company’s stock.

Entergy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Tuesday, August 13th were issued a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a yield of 3.54%. The ex-dividend date was Tuesday, August 13th. Entergy’s dividend payout ratio (DPR) is presently 45.34%.

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.