Entergy (NYSE:ETR) Releases Earnings Results, Beats Estimates By $0.03 EPS

Entergy (NYSE:ETR) issued its earnings results on Tuesday. The utilities provider reported $0.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.63 by $0.03, RTT News reports. Entergy had a return on equity of 10.75% and a net margin of 8.90%. The company had revenue of $2.74 billion for the quarter, compared to analysts’ expectations of $3.24 billion. During the same period last year, the business earned $0.26 EPS. Entergy updated its FY 2025 guidance to 3.750-3.950 EPS.

Entergy Stock Performance

Shares of ETR opened at $86.10 on Thursday. The stock has a 50-day moving average price of $79.01 and a 200-day moving average price of $71.19. The company has a market cap of $36.92 billion, a PE ratio of 35.45, a price-to-earnings-growth ratio of 2.67 and a beta of 0.72. Entergy has a 12-month low of $49.80 and a 12-month high of $88.38. The company has a current ratio of 0.89, a quick ratio of 0.59 and a debt-to-equity ratio of 1.77.

Entergy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Monday, February 10th will be given a dividend of $0.60 per share. The ex-dividend date is Monday, February 10th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.79%. Entergy’s dividend payout ratio (DPR) is presently 98.77%.

Insider Buying and Selling

In related news, insider Deanna D. Rodriguez sold 6,088 shares of the business’s stock in a transaction that occurred on Friday, December 13th. The stock was 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 in the company, valued at $292,210.88. The trade was a 60.64 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.39% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on ETR. LADENBURG THALM/SH SH upgraded 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. Bank of America lowered Entergy from a “buy” rating to a “neutral” rating and raised their target price for the company from $69.00 to $77.00 in a research report on Monday, November 4th. Guggenheim raised their target price on Entergy from $72.50 to $82.50 and gave the company a “buy” rating in a research report on Friday, November 1st. Barclays raised their target price on Entergy from $68.50 to $76.00 and gave the company an “overweight” rating in a research report on Tuesday, November 5th. Finally, Scotiabank cut their target price on Entergy from $165.00 to $82.00 and set a “sector perform” rating for the company in a research note on Tuesday, January 7th. Six 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. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $82.14.

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.