Entergy (NYSE:ETR) Updates FY 2025 Earnings Guidance

Entergy (NYSE:ETR) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 3.750-3.950 for the period, compared to the consensus earnings per share estimate of 3.880. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

ETR has been the topic of a number of research analyst reports. Scotiabank reduced their target price on Entergy from $165.00 to $82.00 and set a “sector perform” rating on the stock in a research report on Tuesday, January 7th. Barclays increased their target price on shares of Entergy from $79.00 to $88.00 and gave the company an “overweight” rating in a research report on Tuesday, April 8th. Wells Fargo & Company increased their target price on shares of Entergy from $85.00 to $97.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 19th. JPMorgan Chase & Co. upped their target price on shares of Entergy from $87.00 to $98.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 11th. Finally, UBS Group upped their target price on Entergy from $86.00 to $96.00 and gave the company a “buy” rating in a research note on Friday, March 21st. Five research analysts have rated the stock with 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, Entergy has a consensus rating of “Moderate Buy” and an average target price of $85.25.

Entergy Price Performance

Shares of NYSE:ETR opened at $85.10 on Tuesday. The firm has a market capitalization of $36.66 billion, a PE ratio of 34.95, a PEG ratio of 2.34 and a beta of 0.56. The company has a current ratio of 0.72, a quick ratio of 0.59 and a debt-to-equity ratio of 1.81. Entergy has a 1-year low of $52.07 and a 1-year high of $88.38. The business’s 50 day moving average is $83.47 and its 200-day moving average is $78.71.

Entergy (NYSE:ETR) last posted its quarterly earnings data on Tuesday, April 29th. The utilities provider reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.22. Entergy had a return on equity of 10.68% and a net margin of 8.90%. Sell-side analysts predict that Entergy will post 3.88 earnings per share for the current year.

Entergy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Friday, May 2nd will be paid a $0.60 dividend. The ex-dividend date is Friday, May 2nd. This represents a $2.40 annualized dividend and a yield of 2.82%. Entergy’s payout ratio is currently 98.77%.

Hedge Funds Weigh In On Entergy

An institutional investor recently raised its position in Entergy stock. Brighton Jones LLC lifted its stake in Entergy Corporation (NYSE:ETR) by 275.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,176 shares of the utilities provider’s stock after buying an additional 6,733 shares during the period. Brighton Jones LLC’s holdings in Entergy were worth $696,000 as of its most recent filing with the Securities and Exchange Commission. 88.07% of the stock is owned by institutional investors and hedge funds.

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.