Ralph Lewis Ropp Purchases 1,000 Shares of Entergy (NYSE:ETR) Stock

Entergy Corporation (NYSE:ETR) Director Ralph Lewis Ropp purchased 1,000 shares of Entergy stock in a transaction dated Thursday, August 6th. The shares were purchased at an average price of $106.08 per share, with a total value of $106,080.00. Following the completion of the acquisition, the director owned 3,423 shares in the company, valued at $363,111.84. The trade was a 41.27% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Entergy Trading Up 0.7%

Shares of NYSE ETR opened at $107.26 on Friday. The business has a 50 day simple moving average of $111.95 and a 200 day simple moving average of $108.74. Entergy Corporation has a 52 week low of $86.40 and a 52 week high of $118.44. The stock has a market cap of $50.05 billion, a price-to-earnings ratio of 27.50, a PEG ratio of 1.82 and a beta of 0.50. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.70 and a current ratio of 0.91.

Entergy (NYSE:ETR) last issued its quarterly earnings data on Wednesday, July 29th. The utilities provider reported $1.03 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.02. The firm had revenue of $3.52 billion for the quarter, compared to analyst estimates of $3.49 billion. Entergy had a net margin of 13.40% and a return on equity of 10.53%. During the same quarter last year, the firm earned $1.05 earnings per share. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. On average, research analysts predict that Entergy Corporation will post 4.4 earnings per share for the current fiscal year.

Entergy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Thursday, August 13th will be issued a dividend of $0.64 per share. The ex-dividend date is Thursday, August 13th. This represents a $2.56 dividend on an annualized basis and a dividend yield of 2.4%. Entergy’s dividend payout ratio (DPR) is currently 65.64%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of ETR. Bell Investment Advisors Inc bought a new position in Entergy in the second quarter worth $28,000. Dynamic Wealth Strategies LLC bought a new stake in Entergy during the 1st quarter worth approximately $30,000. Fairway Wealth LLC acquired a new position in Entergy in the first quarter worth $30,000. United Community Bank grew its holdings in shares of Entergy by 806.7% during the fourth quarter. United Community Bank now owns 272 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 242 shares during the last quarter. Finally, Washington Trust Advisors Inc. grew its holdings in shares of Entergy by 119.4% during the fourth quarter. Washington Trust Advisors Inc. now owns 283 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 154 shares during the last quarter. Institutional investors own 88.07% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Seaport Research Partners cut shares of Entergy from a “buy” rating to a “neutral” rating in a report on Monday, April 20th. Scotiabank reaffirmed a “sector outperform” rating on shares of Entergy in a research report on Wednesday, June 10th. Wall Street Zen upgraded Entergy from a “sell” rating to a “hold” rating in a research note on Saturday, August 1st. BTIG Research reissued a “buy” rating and set a $126.00 price objective on shares of Entergy in a report on Wednesday, June 10th. Finally, Wells Fargo & Company increased their price objective on Entergy from $123.00 to $128.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Seventeen investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $121.05.

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.