Entergy (NYSE:ETR) Posts Earnings Results, Beats Estimates By $0.03 EPS

Entergy (NYSE:ETR) issued its earnings results on Tuesday. The utilities provider reported $0.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.03, RTT News reports. Entergy had a return on equity of 9.53% and a net margin of 14.83%. During the same period in the previous year, the business earned $0.26 EPS. Entergy updated its FY 2025 guidance to 3.750-3.950 EPS.

Entergy Price Performance

Shares of ETR opened at $82.64 on Tuesday. The company has a 50 day moving average of $78.47 and a two-hundred day moving average of $70.89. The company has a quick ratio of 0.59, a current ratio of 0.89 and a debt-to-equity ratio of 1.77. Entergy has a twelve month low of $48.93 and a twelve month high of $84.46. The company has a market cap of $35.44 billion, a price-to-earnings ratio of 20.13, a price-to-earnings-growth ratio of 2.53 and a beta of 0.72.

Entergy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Monday, February 10th will be paid a dividend of $0.60 per share. The ex-dividend date is Monday, February 10th. This represents a $2.40 annualized dividend and a dividend yield of 2.90%. Entergy’s dividend payout ratio (DPR) is presently 58.47%.

Insider Transactions at Entergy

In other news, insider Deanna D. Rodriguez sold 6,088 shares of the stock in a transaction dated 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 of the company’s stock, valued at approximately $292,210.88. This represents a 60.64 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.39% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently commented on ETR. Mizuho increased their target price on Entergy from $69.00 to $82.50 and gave the company an “outperform” rating in a research report on Monday, November 4th. StockNews.com raised shares of Entergy from a “sell” rating to a “hold” rating in a research note on Sunday, December 29th. Morgan Stanley upgraded shares of Entergy from an “underweight” rating to an “equal weight” rating and boosted their target price for the stock from $58.00 to $75.00 in a report on Monday, November 4th. Guggenheim increased their price target on shares of Entergy from $72.50 to $82.50 and gave the company a “buy” rating in a report on Friday, November 1st. Finally, Wells Fargo & Company boosted their price objective on shares of Entergy from $68.50 to $85.00 and gave the company an “overweight” rating in a research report on Friday, November 1st. Five equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $79.81.

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.