Entergy Corp. (NYSE:ETR) has been given a consensus recommendation of “Hold” by the thirteen research firms that are presently covering the company. Ten research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $80.64.

ETR has been the topic of a number of research reports. Guggenheim raised Entergy Corp. from a “neutral” rating to a “buy” rating and set a $86.00 price objective on the stock in a report on Monday, August 22nd. Goldman Sachs Group Inc. raised Entergy Corp. from a “buy” rating to a “conviction-buy” rating and upped their price objective for the company from $87.00 to $88.00 in a report on Monday, June 6th. Bank of America Corp. reaffirmed a “hold” rating on shares of Entergy Corp. in a report on Friday, June 10th. Morgan Stanley reaffirmed a “hold” rating on shares of Entergy Corp. in a report on Friday, June 10th. Finally, JPMorgan Chase & Co. reaffirmed a “hold” rating and issued a $81.00 price objective on shares of Entergy Corp. in a report on Friday, June 10th.

Entergy Corp. (NYSE:ETR) traded down 2.16% on Tuesday, hitting $74.12. The company had a trading volume of 1,085,021 shares. Entergy Corp. has a 12-month low of $64.11 and a 12-month high of $82.09. The firm has a 50-day moving average price of $78.67 and a 200-day moving average price of $78.17. The firm has a market capitalization of $13.27 billion, a PE ratio of 76.57 and a beta of 0.38.

Entergy Corp. (NYSE:ETR) last issued its quarterly earnings data on Tuesday, August 2nd. The company reported $3.11 EPS for the quarter, beating analysts’ consensus estimates of $1.05 by $2.06. Entergy Corp. had a return on equity of 15.34% and a net margin of 1.78%. During the same period last year, the business posted $0.83 EPS. On average, equities research analysts anticipate that Entergy Corp. will post $6.61 earnings per share for the current fiscal year.

In other Entergy Corp. news, insider Haley Fisackerly sold 1,250 shares of the stock in a transaction dated Friday, August 19th. The stock was sold at an average price of $77.60, for a total value of $97,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Charles L. Rice, Jr. sold 760 shares of the stock in a transaction dated Friday, August 26th. The shares were sold at an average price of $79.36, for a total value of $60,313.60. The disclosure for this sale can be found here. Corporate insiders own 0.22% of the company’s stock.

A number of institutional investors have recently bought and sold shares of ETR. Hudock Capital Group LLC increased its position in Entergy Corp. by 0.5% in the second quarter. Hudock Capital Group LLC now owns 5,447 shares of the company’s stock valued at $443,000 after buying an additional 26 shares in the last quarter. Commerce Bank increased its position in Entergy Corp. by 1.1% in the second quarter. Commerce Bank now owns 4,457 shares of the company’s stock valued at $363,000 after buying an additional 50 shares in the last quarter. Profund Advisors LLC increased its position in Entergy Corp. by 0.3% in the second quarter. Profund Advisors LLC now owns 22,223 shares of the company’s stock valued at $1,808,000 after buying an additional 56 shares in the last quarter. Carnick & Kubik LLC increased its position in Entergy Corp. by 0.7% in the first quarter. Carnick & Kubik LLC now owns 8,305 shares of the company’s stock valued at $658,000 after buying an additional 60 shares in the last quarter. Finally, Loomis Sayles & Co. L P increased its position in Entergy Corp. by 0.8% in the second quarter. Loomis Sayles & Co. L P now owns 7,624 shares of the company’s stock valued at $620,000 after buying an additional 62 shares in the last quarter. Hedge funds and other institutional investors own 85.22% of the company’s stock.

Entergy Corp. 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.

5 Day Chart for NYSE:ETR

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