KeyCorp Forecasts Strong Price Appreciation for Entergy (NYSE:ETR) Stock

Entergy (NYSE:ETR) had its price objective lifted by equities researchers at KeyCorp from $102.00 to $111.00 in a report issued on Wednesday,Benzinga reports. The firm presently has an “overweight” rating on the utilities provider’s stock. KeyCorp’s price objective would indicate a potential upside of 5.20% from the stock’s current price.

Other analysts have also recently issued reports about the stock. BMO Capital Markets increased their price objective on shares of Entergy from $104.00 to $112.00 and gave the stock an “outperform” rating in a research note on Friday, February 13th. UBS Group reiterated a “buy” rating and issued a $105.00 price target (up from $96.00) on shares of Entergy in a research note on Wednesday, December 17th. Siebert Williams Shank began coverage on Entergy in a report on Tuesday, January 20th. They set a “buy” rating and a $109.00 price target on the stock. Barclays set a $96.00 price objective on Entergy and gave the stock an “overweight” rating in a research note on Thursday, January 15th. Finally, Mizuho set a $112.00 target price on Entergy in a research note on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $106.61.

Entergy Stock Performance

Shares of ETR opened at $105.51 on Wednesday. The business has a 50-day simple moving average of $98.21 and a two-hundred day simple moving average of $94.82. The company has a quick ratio of 0.51, a current ratio of 0.74 and a debt-to-equity ratio of 1.65. Entergy has a 52 week low of $75.57 and a 52 week high of $107.93. The stock has a market cap of $47.79 billion, a price-to-earnings ratio of 26.98, a PEG ratio of 2.10 and a beta of 0.64.

Entergy (NYSE:ETR) last posted its quarterly earnings data on Thursday, February 12th. The utilities provider reported $0.51 earnings per share for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.01). The company had revenue of $2.96 billion for the quarter, compared to analysts’ expectations of $2.99 billion. Entergy had a net margin of 13.66% and a return on equity of 10.89%. During the same period in the previous year, the firm earned $0.66 earnings per share. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. On average, analysts expect that Entergy will post 3.88 EPS for the current year.

Insider Buying and Selling at Entergy

In related news, EVP John C. Dinelli sold 5,372 shares of the company’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $103.95, for a total transaction of $558,419.40. Following the transaction, the executive vice president directly owned 23,609 shares in the company, valued at approximately $2,454,155.55. This represents a 18.54% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.39% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Aristotle Capital Management LLC lifted its stake in shares of Entergy by 4.4% during the 4th quarter. Aristotle Capital Management LLC now owns 2,280 shares of the utilities provider’s stock worth $211,000 after acquiring an additional 96 shares during the last quarter. Rehmann Capital Advisory Group increased its stake in Entergy by 2.8% in the fourth quarter. Rehmann Capital Advisory Group now owns 3,807 shares of the utilities provider’s stock worth $352,000 after purchasing an additional 102 shares during the period. MFA Wealth Services lifted its position in shares of Entergy by 3.8% during the third quarter. MFA Wealth Services now owns 2,891 shares of the utilities provider’s stock worth $269,000 after purchasing an additional 107 shares during the last quarter. Oakworth Capital Inc. boosted its stake in shares of Entergy by 7.6% during the fourth quarter. Oakworth Capital Inc. now owns 1,543 shares of the utilities provider’s stock valued at $143,000 after purchasing an additional 109 shares during the period. Finally, Guidance Capital Inc. grew its holdings in shares of Entergy by 0.8% in the third quarter. Guidance Capital Inc. now owns 13,956 shares of the utilities provider’s stock worth $1,348,000 after purchasing an additional 112 shares during the last quarter. Hedge funds and other institutional investors own 88.07% of the company’s stock.

Entergy Company Profile

Entergy Corporation (NYSE:ETR) is an integrated energy company headquartered in New Orleans, Louisiana, that generates, transmits and distributes electricity. The company’s operations combine regulated utility services with competitive power production, supplying retail electricity to residential, commercial and industrial customers while also participating in wholesale energy markets. Entergy’s generation fleet includes nuclear, natural gas, hydropower and other resources, and it operates a network of transmission and distribution assets to deliver power to end users.

Entergy conducts its regulated utility business through state-based operating subsidiaries that serve customers across parts of Arkansas, Louisiana, Mississippi and southeast Texas.