Scotiabank Weighs in on Entergy’s FY2026 Earnings (NYSE:ETR)

Entergy Corporation (NYSE:ETR) – Scotiabank issued their FY2026 earnings estimates for shares of Entergy in a note issued to investors on Wednesday, January 8th. Scotiabank analyst A. Weisel forecasts that the utilities provider will earn $4.29 per share for the year. Scotiabank currently has a “Sector Perform” rating and a $82.00 target price on the stock. The consensus estimate for Entergy’s current full-year earnings is $3.61 per share.

Entergy (NYSE:ETR) last released its quarterly earnings data 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 company had revenue of $3.39 billion for the quarter, compared to analysts’ expectations of $3.46 billion. Entergy had a net margin of 14.83% and a return on equity of 9.53%. During the same quarter in the prior year, the firm earned $1.64 EPS.

Several other equities analysts have also recently weighed in on the stock. Royal Bank of Canada raised their price target on shares of Entergy from $68.50 to $70.00 and gave the company an “outperform” rating in a research report on Monday, October 14th. Mizuho raised their price target on shares of Entergy from $69.00 to $82.50 and gave the company an “outperform” rating in a research report on Monday, November 4th. Guggenheim increased their price objective on shares of Entergy from $72.50 to $82.50 and gave the company a “buy” rating in a research note on Friday, November 1st. Morgan Stanley upgraded shares of Entergy from an “underweight” rating to an “equal weight” rating and increased their price objective for the company from $58.00 to $75.00 in a research note on Monday, November 4th. Finally, BMO Capital Markets decreased their price objective on shares of Entergy from $83.00 to $79.50 and set an “outperform” rating for the company in a research note on Monday, November 18th. Six investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Entergy 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. Entergy has a 1 year low of $48.08 and a 1 year high of $79.04. The stock has a market capitalization 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 company has a debt-to-equity ratio of 1.77, a current ratio of 0.89 and a quick ratio of 0.59. The company’s 50-day moving average is $75.24 and its 200-day moving average is $65.69.

Hedge Funds Weigh In On Entergy

Hedge funds have recently modified their holdings of the company. Private Advisor Group LLC increased its position in shares of Entergy by 2.0% during the second quarter. Private Advisor Group LLC now owns 6,318 shares of the utilities provider’s stock valued at $676,000 after buying an additional 123 shares during the period. Caprock Group LLC lifted its stake in shares of Entergy by 16.4% in the second quarter. Caprock Group LLC now owns 4,796 shares of the utilities provider’s stock worth $513,000 after buying an additional 675 shares in the last quarter. Ashton Thomas Private Wealth LLC bought a new position in shares of Entergy in the second quarter worth approximately $169,000. Prudential PLC lifted its position in Entergy by 2.8% during the second quarter. Prudential PLC now owns 14,873 shares of the utilities provider’s stock valued at $1,591,000 after purchasing an additional 410 shares during the period. Finally, Choreo LLC bought a new position in Entergy during the second quarter valued at approximately $326,000. Hedge funds and other institutional investors own 88.07% of the company’s stock.

Insider Activity at Entergy

In other Entergy news, insider Deanna D. Rodriguez sold 6,088 shares of the business’s stock in a transaction on Friday, December 13th. The shares were 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 directly 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 transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Haley Fisackerly sold 8,268 shares of the business’s stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $74.52, for a total transaction of $616,090.02. Following the completion of the sale, the insider now directly owns 4,032 shares of the company’s stock, valued at $300,444.48. This represents a 67.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 14,756 shares of company stock worth $1,095,637. Corporate insiders own 0.39% of the company’s stock.

Entergy Cuts Dividend

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

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.