<div id="readability-page-1"><ul><li>The most upgraded utility stocks, and why it matters</li></ul><p>Entergy Co. (NYSE:ETR - Free Report) - Equities researchers at Zacks Research raised their Q3 2024 earnings estimates for shares of Entergy in a report issued on Wednesday, July 31st. Zacks Research analyst R. Department now forecasts that the utilities provider will post earnings per share of $3.20 for the quarter, up from their previous forecast of $3.11. The consensus estimate for Entergy's current full-year earnings is $7.21 per share. Zacks Research also issued estimates for Entergy's Q4 2024 earnings at $1.08 EPS, Q1 2025 earnings at $1.41 EPS, Q2 2025 earnings at $1.99 EPS, Q3 2025 earnings at $2.81 EPS and FY2026 earnings at $8.29 EPS.</p><p>A number of other equities analysts have also issued reports on ETR. Scotiabank decreased their target price on shares of Entergy from $111.00 to $104.00 and set a &#34;sector perform&#34; rating for the company in a research report on Monday, April 22nd. Barclays cut their price objective on Entergy from $116.00 to $115.00 and set an &#34;equal weight&#34; rating for the company in a report on Monday, July 22nd. Wells Fargo &amp; Company lifted their target price on Entergy from $122.00 to $125.00 and gave the stock an &#34;overweight&#34; rating in a report on Wednesday, June 5th. KeyCorp raised their price objective on shares of Entergy from $112.00 to $123.00 and gave the company an &#34;overweight&#34; rating in a research report on Monday, May 20th. Finally, Mizuho boosted their target price on shares of Entergy from $107.00 to $114.00 and gave the stock a &#34;buy&#34; rating in a report on Friday, May 31st. One analyst has rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat, Entergy has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $113.42.</p><br/><ul><li>Equitrans Midstream Surges 40% On Debt Ceiling Deal</li></ul><p><b>View Our Latest Stock Report on Entergy</b></p><h2>Entergy Price Performance</h2><p>NYSE ETR opened at $115.98 on Thursday. The company has a current ratio of 0.69, a quick ratio of 0.45 and a debt-to-equity ratio of 1.68. The company has a 50-day moving average price of $108.62 and a two-hundred day moving average price of $105.46. The stock has a market cap of $24.77 billion, a price-to-earnings ratio of 11.63, a price-to-earnings-growth ratio of 2.20 and a beta of 0.71. Entergy has a 52 week low of $87.10 and a 52 week high of $117.00. </p><h2>Hedge Funds Weigh In On Entergy</h2><ul><li>3 Large Cap Dividend Challengers for Millennial Investors</li></ul><p>Several hedge funds have recently bought and sold shares of ETR. Raymond James Financial Services Advisors Inc. increased its position in Entergy by 2.2% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 51,028 shares of the utilities provider's stock worth $5,163,000 after buying an additional 1,077 shares during the last quarter. Fifth Third Bancorp increased its stake in shares of Entergy by 17.2% in the fourth quarter. Fifth Third Bancorp now owns 8,612 shares of the utilities provider's stock worth $871,000 after purchasing an additional 1,263 shares during the period. Oak Thistle LLC acquired a new position in shares of Entergy during the 4th quarter worth about $622,000. Baker Ellis Asset Management LLC lifted its position in shares of Entergy by 36.3% during the 4th quarter. Baker Ellis Asset Management LLC now owns 5,930 shares of the utilities provider's stock worth $600,000 after purchasing an additional 1,580 shares during the last quarter. Finally, Arizona State Retirement System grew its holdings in Entergy by 0.7% in the 4th quarter. Arizona State Retirement System now owns 58,117 shares of the utilities provider's stock valued at $5,881,000 after buying an additional 430 shares during the last quarter. 88.07% of the stock is owned by institutional investors and hedge funds. </p><h2>Insider Buying and Selling</h2><p>In other Entergy news, insider Haley Fisackerly sold 1,500 shares of the company's stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of $110.23, for a total value of $165,345.00. Following the transaction, the insider now directly owns 2,479 shares of the company's stock, valued at approximately $273,260.17. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, insider Haley Fisackerly sold 1,500 shares of the stock in a transaction on Wednesday, May 8th. The shares were sold at an average price of $110.23, for a total transaction of $165,345.00. Following the transaction, the insider now owns 2,479 shares in the company, valued at approximately $273,260.17. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Reginald T. Jackson sold 9,229 shares of the company's stock in a transaction on Monday, May 6th. The stock was sold at an average price of $108.71, for a total transaction of $1,003,284.59. Following the completion of the sale, the chief accounting officer now owns 2,166 shares of the company's stock, valued at $235,465.86. The disclosure for this sale can be found here. 0.39% of the stock is owned by corporate insiders. </p><h2>Entergy Announces Dividend</h2><p>The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 3rd. Investors of record on Tuesday, August 13th will be issued a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a dividend yield of 3.90%. The ex-dividend date is Tuesday, August 13th. Entergy's dividend payout ratio is currently 45.34%. </p><h2>About Entergy</h2> (Get Free Report)<p>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.</p><h2>See Also</h2><ul><li>Five stocks we like better than Entergy</li><li>What Are Dividend Champions? How to Invest in the Champions</li><li>Joby Aviation Stock: The Case for Upside Just Got Stronger</li><li>How to Calculate Inflation Rate</li><li>Conviction Firms for Microsoft's Double-Digit Stock Upside</li><li>Want to Profit on the Downtrend? Downtrends, Explained.</li><li>5 Aggressive Growth Stocks for Long-Term Investors</li></ul> <p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsEstimatesChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUVUUg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsEstimatesChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUVUUg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. 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MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Entergy wasn't on the list.</p><p>While Entergy currently has a &#34;Moderate Buy&#34; rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p> </div>

<p>Equities researchers at Zacks Research have raised their Q3 2024 earnings estimates for Entergy Co. (NYSE:ETR). The consensus estimate for Entergy's current full-year earnings is $7.21 per share. Several equities analysts have issued reports on ETR, with a consensus rating of "Moderate Buy" and an average price target of $113.42. The company's stock has a 52-week low of $87.10 and a 52-week high of $117.00. Institutional investors and hedge funds own 88.07% of the stock. Insider Haley Fisackerly recently sold 1,500 shares of ETR.</p>

Zacks Research Comments on Entergy Co.'s Q3 2024 Earnings (NYSE:ETR)