Entergy Corp

Entergy Corp Stock Forecast & Price Prediction

Live Entergy Corp Stock (ETR) Price
$146.06

17

Ratings

  • Buy 3
  • Hold 13
  • Sell 1
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$146.06

P/E Ratio

17.73

Volume Traded Today

$2.0M

Dividend

$1.13

52 Week High/low

156.85/94.85

Entergy Corp Market Cap

$31.32B

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ETR Summary

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 Analyst Ratings

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.

ETR stock forecast by analyst

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

ETR Company Information

What They Do: Electricity production and retail distribution company.

Business Model: The company generates and sells electricity primarily in Arkansas, Louisiana, Mississippi, and Texas, serving around 3 million utility customers. It earns revenue through the retail distribution of electric power, as well as from wholesale sales to various power providers and utilities. Additionally, Entergy has interests in non-nuclear power plants and provides decommissioning services, further diversifying its income streams.

Other Information: Founded in 1913 and headquartered in New Orleans, Entergy operates a diverse mix of power generation sources, including gas, nuclear, coal, hydro, and solar, with a total generating capacity of approximately 24,000 megawatts. The company plays a significant role in the energy sector, contributing to both local economies and the broader energy market.
ETR
Entergy Corp (ETR)

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

Entergy Corp (ETR) Financial Data

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

$10.11B

Revenue From 2021

$11.74B

16.11 %
From Previous Year

Revenue From 2022

$13.76B

17.21 %
From Previous Year

Revenue From 2023

$12.15B

-11.75 %
From Previous Year
  • Revenue TTM $11.86B
  • Operating Margin TTM 33.7%
  • Gross profit TTM $5.33B
  • Return on assets TTM 2.4%
  • Return on equity TTM 12.0%
  • Profit Margin 14.8%
  • Book Value Per Share 70.11%
  • Market capitalisation $31.32B
  • Revenue for 2021 $11.74B
  • Revenue for 2022 $13.76B
  • Revenue for 2023 $12.15B
  • EPS this year (TTM) $8.24

Entergy Corp (ETR) Latest News

News Image

Wed, 06 Nov 2024

Sentiment - POSITIVE

Source - Seeking Alpha

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.

News Image

Thu, 31 Oct 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

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.

News Image

Thu, 31 Oct 2024

Sentiment - NEUTRAL

Source - PRNewsWire

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.

News Image

Thu, 31 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Thu, 31 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Fri, 01 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

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.

...

ETR Frequently asked questions

The highest forecasted price for ETR is $170 from Neil Kalton at Wells Fargo.

The lowest forecasted price for ETR is $109.5 from Paul Fremont from Ladenburg Thalmann

The ETR analyst ratings consensus are 3 buy ratings, 13 hold ratings, and 1 sell ratings.