The Entergy Corp (ETR) share price is expected to decrease by 0.53% over the next year. This is based on calculating the average 12-month share price estimate provided by 17 stock analysts who have covered ETR. Price targets range from $109.5 at the low end to $170 at the high end. The current analyst consensus for ETR is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
ETR is a stock in Utilities which has been forecasted to be worth $145.29 as an average. On the higher end, the forecast price is $170 USD by Neil Kalton from Wells Fargo and on the lower end ETR is forecasted to be $109.5 by Paul Fremont from Ladenburg Thalmann.
These are the latest 20 analyst ratings of ETR.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Nicholas Campanella Barclays | Overweight | $152 | Maintains | Nov 5, 2024 |
Stephen Byrd Morgan Stanley | Equal-Weight | $150 | Upgrade | Nov 4, 2024 |
Anthony Crowdell Mizuho | Outperform | $165 | Maintains | Nov 4, 2024 |
Paul Zimbardo B of A Securities | Neutral | $154 | Downgrade | Nov 4, 2024 |
Sophie Karp Keybanc | Overweight | $162 | Maintains | Nov 1, 2024 |
Neil Kalton Wells Fargo | Overweight | $170 | Maintains | Nov 1, 2024 |
Shahriar Pourreza Guggenheim | Buy | $165 | Maintains | Nov 1, 2024 |
James Thalacker BMO Capital | Outperform | $166 | Maintains | Nov 1, 2024 |
Andrew Weisel Scotiabank | Sector Perform | $144 | Maintains | Nov 1, 2024 |
Sophie Karp Keybanc | Overweight | $143 | Maintains | Oct 22, 2024 |
James Thalacker BMO Capital | Outperform | $140 | Maintains | Oct 15, 2024 |
Shelby Tucker RBC Capital | Outperform | $140 | Maintains | Oct 14, 2024 |
Nicholas Campanella Barclays | Overweight | $137 | Maintains | Oct 8, 2024 |
Nicholas Campanella Barclays | Overweight | $137 | Maintains | Oct 7, 2024 |
Sophie Karp Keybanc | Overweight | $140 | Maintains | Sep 30, 2024 |
Stephen Byrd Morgan Stanley | Underweight | $115 | Maintains | Sep 25, 2024 |
Daniel Ford UBS | Buy | $144 | Maintains | Sep 20, 2024 |
Nicholas Campanella Barclays | Overweight | $138 | Upgrade | Sep 17, 2024 |
Sophie Karp Keybanc | Overweight | $130 | Maintains | Sep 16, 2024 |
Paul Zimbardo B of A Securities | Buy | $138 | Maintains | Aug 29, 2024 |
When did it IPO
1972
Staff Count
12,000
Country
United States
Sector/Industry
Utilities/Utilities - Regulated Electric
CEO
Mr. Andrew S. Marsh
Market Cap
$31.32B
In 2023, ETR generated $12.15B in revenue, which was a decrease of -11.75% from the previous year. This can be seen as a signal that ETR's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Seventeen companies reported an average 8.3% dividend increase, showcasing consistent growth and benchmark outperformance, based on data from "U.S. Dividend Champions" and NASDAQ.
Why It Matters - The highlighted companies indicate strong financial health and reliable returns, suggesting potential for income stability and capital appreciation, appealing to dividend-focused investors.
Summary - Entergy Corporation (ETR) held its Q3 2024 earnings call, discussing financial performance and operational updates. Further details can be found in the transcript.
Why It Matters - Entergy's Q3 earnings call provides insights into financial performance, operational efficiency, and future guidance, influencing stock valuation and investment decisions.
Summary - Entergy Corporation (NYSE: ETR) reported Q3 2024 EPS of $2.99, maintaining guidance and updating long-term outlooks, highlighting strong performance across various operational areas.
Why It Matters - Entergy's narrowed guidance and strong earnings indicate operational stability and growth potential, which may boost investor confidence and influence stock performance.
Summary - Entergy (ETR) reported Q3 earnings of $2.99 per share, surpassing the Zacks Consensus Estimate of $2.91, but down from $3.27 per share in the same quarter last year.
Why It Matters - Entergy's earnings beat expectations but declined from last year, indicating potential challenges ahead. This could affect investor confidence and stock valuation.
Summary - ETR's Q3 earnings exceeded the Zacks Consensus Estimate by 2.8%, but its revenues fell short by 2%.
Why It Matters - ETR's earnings beat suggests operational strength, potentially boosting investor confidence, while the revenue miss may raise concerns about growth, impacting stock performance.
Summary - Entergy's CEO Drew Marsh and senior management will meet with investors at the Edison Electric Institute Financial Conference from Nov. 10-12, 2024. Materials available on Nov. 8.
Why It Matters - Entergy's upcoming investor meetings may signal strategic updates or financial guidance, potentially impacting stock performance and investor sentiment.