Entergy Corporation (NYSE:ETR) opened at 71.63 on Monday. The company has a 50-day moving average price of $71.71 and a 200 day moving average price of $74.22. The company has a market cap of $12.83 billion, a PE ratio of 10.00 and a beta of 0.42. Entergy Corporation has a 12-month low of $66.71 and a 12-month high of $82.09.
Entergy Corporation (NYSE:ETR) is scheduled to be posting its Q416 quarterly earnings results on Wednesday, February 15th. Analysts expect Entergy Corporation to post earnings of $0.13 per share and revenue of $3.12 billion for the quarter.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 1st. Stockholders of record on Thursday, February 9th will be given a dividend of $0.87 per share. The ex-dividend date of this dividend is Tuesday, February 7th. This represents a $3.48 dividend on an annualized basis and a dividend yield of 4.86%. Entergy Corporation’s payout ratio is 48.60%.
A number of research firms have recently weighed in on ETR. Jefferies Group LLC set a $72.00 target price on Entergy Corporation and gave the company a “hold” rating in a research report on Sunday, January 8th. Wolfe Research downgraded Entergy Corporation from a “market perform” rating to an “underperform” rating in a research report on Monday, October 24th. Zacks Investment Research downgraded Entergy Corporation from a “buy” rating to a “hold” rating in a research report on Thursday. Bank of America Corporation downgraded Entergy Corporation from a “neutral” rating to an “underperform” rating and set a $64.00 target price for the company. in a research report on Tuesday, November 22nd. Finally, RBC Capital Markets reiterated a “hold” rating and set a $75.00 target price on shares of Entergy Corporation in a research report on Wednesday, January 4th. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $76.91.
Entergy Corporation Company Profile
Entergy Corporation is a holding company. The Company is an integrated energy company engaged in electric power production and retail electric distribution operations. It operates through two business segments: Utility and Entergy Wholesale Commodities. The Utility segment includes the generation, transmission, distribution and sale of electric power to retail and wholesale customers in areas of Arkansas, Mississippi, Texas and Louisiana, including the City of New Orleans and operates a natural gas distribution business.