Entergy (NYSE:ETR) Issues Quarterly Earnings Results, Beats Expectations By $0.03 EPS

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

Entergy Price Performance

Shares of ETR stock opened at $86.10 on Thursday. Entergy has a 52-week low of $49.80 and a 52-week high of $88.38. The company has a debt-to-equity ratio of 1.77, a quick ratio of 0.59 and a current ratio of 0.89. The firm has a market capitalization of $36.92 billion, a P/E ratio of 35.45, a P/E/G ratio of 2.67 and a beta of 0.72. The stock has a 50 day moving average price of $79.01 and a 200 day moving average price of $71.19.

Entergy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Monday, February 10th will be paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 2.79%. The ex-dividend date is Monday, February 10th. Entergy’s payout ratio is 98.77%.

Analysts Set New Price Targets

Several brokerages recently weighed in on ETR. Bank of America cut Entergy from a “buy” rating to a “neutral” rating and upped their price target for the stock from $69.00 to $77.00 in a research note on Monday, November 4th. Barclays boosted their target price on Entergy from $68.50 to $76.00 and gave the stock an “overweight” rating in a report on Tuesday, November 5th. StockNews.com raised Entergy from a “sell” rating to a “hold” rating in a report on Sunday, December 29th. LADENBURG THALM/SH SH raised Entergy from a “neutral” rating to a “buy” rating and set a $86.50 price target on the stock in a report on Thursday, January 30th. Finally, Scotiabank lowered their price target on Entergy from $165.00 to $82.00 and set a “sector perform” rating on the stock in a report on Tuesday, January 7th. Six research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $82.14.

Insider Buying and Selling

In other news, insider Deanna D. Rodriguez sold 6,088 shares of Entergy 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 transaction, the insider now directly owns 3,952 shares in the company, valued at approximately $292,210.88. This trade represents a 60.64 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.39% of the stock is owned by corporate insiders.

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.