What is Scotiabank’s Forecast for Entergy FY2026 Earnings?

Entergy Corporation (NYSE:ETR) – Research analysts at Scotiabank issued their FY2026 earnings per share estimates for Entergy in a report released on Wednesday, January 8th. Scotiabank analyst A. Weisel anticipates that the utilities provider will post earnings of $4.29 per share for the year. Scotiabank has a “Sector Perform” rating and a $82.00 price objective on the stock. The consensus estimate for Entergy’s current full-year earnings is $3.61 per share.

Other equities research analysts also recently issued research reports about the company. Guggenheim lifted their target price on Entergy from $72.50 to $82.50 and gave the company a “buy” rating in a research report on Friday, November 1st. BMO Capital Markets cut their price objective on Entergy from $83.00 to $79.50 and set an “outperform” rating on the stock in a report on Monday, November 18th. StockNews.com upgraded Entergy from a “sell” rating to a “hold” rating in a report on Sunday, December 29th. KeyCorp downgraded Entergy from an “overweight” rating to a “sector weight” rating in a report on Wednesday, December 4th. Finally, Morgan Stanley upgraded Entergy from an “underweight” rating to an “equal weight” rating and boosted their price objective for the company from $58.00 to $75.00 in a report on Monday, November 4th. Six research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $77.37.

Entergy Price Performance

NYSE:ETR opened at $76.18 on Friday. Entergy has a 52 week low of $48.08 and a 52 week high of $79.04. The company has a quick ratio of 0.59, a current ratio of 0.89 and a debt-to-equity ratio of 1.77. The company has a market capitalization of $32.67 billion, a P/E ratio of 18.56, a P/E/G ratio of 2.48 and a beta of 0.71. The stock’s fifty day moving average is $75.32 and its two-hundred day moving average is $65.94.

Entergy (NYSE:ETR) last posted its earnings results on Thursday, October 31st. The utilities provider reported $1.50 EPS for the quarter, beating analysts’ consensus estimates of $1.46 by $0.04. Entergy had a return on equity of 9.53% and a net margin of 14.83%. The company had revenue of $3.39 billion for the quarter, compared to the consensus estimate of $3.46 billion. During the same quarter in the previous year, the business earned $1.64 earnings per share.

Institutional Trading of Entergy

A number of large investors have recently made changes to their positions in ETR. Private Advisor Group LLC boosted its position in shares of Entergy by 2.0% in the 2nd quarter. Private Advisor Group LLC now owns 6,318 shares of the utilities provider’s stock valued at $676,000 after purchasing an additional 123 shares during the period. Caprock Group LLC boosted its position in shares of Entergy by 16.4% in the 2nd quarter. Caprock Group LLC now owns 4,796 shares of the utilities provider’s stock valued at $513,000 after purchasing an additional 675 shares during the period. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Entergy in the 2nd quarter valued at about $169,000. Prudential PLC boosted its position in shares of Entergy by 2.8% in the 2nd 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 acquired a new stake in shares of Entergy in the 2nd quarter valued at about $326,000. 88.07% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Entergy

In other news, insider Deanna D. Rodriguez sold 6,088 shares of the company’s stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $73.94, for a total transaction of $450,146.72. Following the completion of 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 position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Haley Fisackerly sold 8,268 shares of the company’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $74.52, for a total value 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 approximately $300,444.48. This trade 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 valued at $1,095,637. 0.39% of the stock is currently owned by corporate insiders.

Entergy Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Wednesday, November 13th were given 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 3.15%. Entergy’s dividend 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.