What is Scotiabank’s Forecast for Entergy FY2026 Earnings?

Entergy Corporation (NYSE:ETR) – Investment analysts at Scotiabank boosted their FY2026 EPS estimates for shares of Entergy in a research note issued to investors on Wednesday, March 19th. Scotiabank analyst A. Weisel now expects that the utilities provider will earn $4.38 per share for the year, up from their previous estimate of $4.29. Scotiabank has a “Sector Perform” rating and a $82.00 price target on the stock. The consensus estimate for Entergy’s current full-year earnings is $3.88 per share.

Other analysts have also recently issued research reports about the company. Morgan Stanley boosted their price target on Entergy from $75.00 to $78.00 and gave the company an “equal weight” rating in a research note on Thursday. JPMorgan Chase & Co. raised their price target on shares of Entergy from $87.00 to $98.00 and gave the company an “overweight” rating in a research note on Tuesday, March 11th. KeyCorp cut shares of Entergy from an “overweight” rating to a “sector weight” rating in a research report on Wednesday, December 4th. Evercore ISI boosted their price objective on Entergy from $75.00 to $86.00 and gave the stock an “in-line” rating in a research note on Wednesday, February 19th. Finally, BMO Capital Markets increased their price target on shares of Entergy from $79.00 to $94.00 and gave the company an “outperform” rating in a research note on Wednesday, February 19th. Six investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $84.75.

Entergy Stock Down 1.1 %

Shares of Entergy stock opened at $83.74 on Friday. The firm’s 50 day moving average price is $82.90 and its 200-day moving average price is $75.06. The company has a market cap of $36.04 billion, a P/E ratio of 34.39, a PEG ratio of 2.34 and a beta of 0.68. The company has a quick ratio of 0.59, a current ratio of 0.72 and a debt-to-equity ratio of 1.81. Entergy has a 52-week low of $50.19 and a 52-week high of $88.38.

Entergy (NYSE:ETR) last announced its quarterly earnings results on Tuesday, February 18th. The utilities provider reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.03. Entergy had a return on equity of 10.68% and a net margin of 8.90%. The company had revenue of $2.74 billion during the quarter, compared to analyst estimates of $3.24 billion. During the same period in the prior year, the company earned $0.26 earnings per share.

Hedge Funds Weigh In On Entergy

Large investors have recently made changes to their positions in the business. OneDigital Investment Advisors LLC grew its stake in Entergy by 2.1% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 3,427 shares of the utilities provider’s stock valued at $451,000 after acquiring an additional 69 shares in the last quarter. Acropolis Investment Management LLC lifted its position in Entergy by 0.8% during the 3rd quarter. Acropolis Investment Management LLC now owns 8,836 shares of the utilities provider’s stock worth $1,163,000 after acquiring an additional 69 shares during the last quarter. Great Valley Advisor Group Inc. boosted its holdings in Entergy by 0.9% during the third quarter. Great Valley Advisor Group Inc. now owns 8,087 shares of the utilities provider’s stock valued at $1,065,000 after acquiring an additional 74 shares during the period. Brown Brothers Harriman & Co. boosted its stake in Entergy by 1.3% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 7,233 shares of the utilities provider’s stock valued at $952,000 after purchasing an additional 91 shares during the period. Finally, Gen Wealth Partners Inc grew its stake in shares of Entergy by 27.5% in the fourth quarter. Gen Wealth Partners Inc now owns 668 shares of the utilities provider’s stock worth $51,000 after acquiring an additional 144 shares during the last quarter. Institutional investors own 88.07% of the company’s stock.

Entergy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Monday, February 10th were paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.87%. The ex-dividend date of this dividend was Monday, February 10th. Entergy’s dividend payout ratio is currently 98.77%.

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.