Scotiabank Estimates Entergy’s FY2026 Earnings (NYSE:ETR)

Entergy Corporation (NYSE:ETR) – Analysts at Scotiabank issued their FY2026 earnings per share estimates for shares of Entergy in a research report issued to clients and investors on Wednesday, January 8th. Scotiabank analyst A. Weisel forecasts that the utilities provider will post earnings per share of $4.29 for the year. 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 $3.61 per share.

ETR has been the subject of several other research reports. Mizuho raised their price objective on Entergy from $69.00 to $82.50 and gave the company an “outperform” rating in a report on Monday, November 4th. StockNews.com upgraded Entergy from a “sell” rating to a “hold” rating in a report on Sunday, December 29th. Barclays lifted their price target on Entergy from $68.50 to $76.00 and gave the stock an “overweight” rating in a report on Tuesday, November 5th. Bank of America cut Entergy from a “buy” rating to a “neutral” rating and lifted their price target for the stock from $69.00 to $77.00 in a report on Monday, November 4th. Finally, Guggenheim lifted their price target on Entergy from $72.50 to $82.50 and gave the stock a “buy” rating in a report on Friday, November 1st. Six investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $77.37.

Entergy Price Performance

ETR stock opened at $76.69 on Friday. The stock has a market cap of $32.89 billion, a PE ratio of 18.68, a price-to-earnings-growth ratio of 2.48 and a beta of 0.71. The stock has a 50-day moving average price of $75.24 and a two-hundred day moving average price of $65.69. 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 has a 1 year low of $48.08 and a 1 year high of $79.04.

Entergy (NYSE:ETR) last released its earnings results on Thursday, October 31st. The utilities provider reported $1.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.46 by $0.04. The firm had revenue of $3.39 billion during the quarter, compared to analysts’ expectations of $3.46 billion. Entergy had a return on equity of 9.53% and a net margin of 14.83%. During the same quarter in the prior year, the company earned $1.64 EPS.

Entergy Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Wednesday, November 13th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 3.13%. The ex-dividend date of this dividend was Wednesday, November 13th. Entergy’s dividend payout ratio (DPR) is currently 58.39%.

Insider Activity at Entergy

In other Entergy news, insider Eliecer Viamontes sold 400 shares of the company’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $73.50, for a total transaction of $29,400.00. Following the completion of the sale, the insider now directly owns 8,346 shares in the company, valued at $613,431. This represents a 4.57 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Deanna D. Rodriguez sold 6,088 shares of the company’s stock in a transaction 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 sale, the insider now owns 3,952 shares of the company’s stock, valued at $292,210.88. The trade was a 60.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 14,756 shares of company stock worth $1,095,637. Company insiders own 0.39% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Legacy Investment Solutions LLC acquired a new position in shares of Entergy during the third quarter worth $27,000. Fortitude Family Office LLC grew its holdings in Entergy by 423.8% during the 3rd quarter. Fortitude Family Office LLC now owns 220 shares of the utilities provider’s stock worth $29,000 after acquiring an additional 178 shares during the period. Cetera Trust Company N.A acquired a new stake in Entergy during the 3rd quarter worth about $29,000. Coastline Trust Co acquired a new stake in Entergy during the 3rd quarter worth about $31,000. Finally, Ashton Thomas Securities LLC acquired a new stake in Entergy during the 3rd quarter worth about $42,000. 88.07% of the stock is currently owned by institutional investors and hedge funds.

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.