Entergy (ETR) Set to Announce Earnings on Friday

Entergy (NYSE:ETR) is set to announce its earnings results before the market opens on Friday, February 23rd. Analysts expect the company to announce earnings of $0.48 per share for the quarter.

Entergy (NYSE ETR) opened at $75.43 on Wednesday. The stock has a market cap of $13,720.00, a PE ratio of -15.27, a P/E/G ratio of 2.15 and a beta of 0.50. Entergy has a one year low of $71.95 and a one year high of $87.95. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.78 and a quick ratio of 0.58.

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 1st. Investors of record on Thursday, February 8th will be paid a $0.89 dividend. This represents a $3.56 dividend on an annualized basis and a yield of 4.72%. The ex-dividend date is Wednesday, February 7th. Entergy’s payout ratio is -72.06%.

A number of equities analysts recently issued reports on ETR shares. Bank of America started coverage on shares of Entergy in a research note on Tuesday, October 24th. They issued a “neutral” rating and a $86.00 price target on the stock. Wells Fargo & Co reiterated an “outperform” rating and issued a $96.00 price target (up previously from $90.00) on shares of Entergy in a research note on Wednesday, October 25th. Mizuho reiterated a “hold” rating and issued a $83.00 price target on shares of Entergy in a research note on Friday, October 27th. TheStreet upgraded shares of Entergy from a “c” rating to a “b-” rating in a research note on Friday, October 27th. Finally, Morgan Stanley upped their price target on shares of Entergy from $86.00 to $88.00 and gave the stock an “equal weight” rating in a research note on Wednesday, December 13th. Eight investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $83.50.

TRADEMARK VIOLATION NOTICE: “Entergy (ETR) Set to Announce Earnings on Friday” was published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this report on another domain, it was copied illegally and republished in violation of U.S. and international copyright law. The correct version of this report can be accessed at https://www.dispatchtribunal.com/2018/02/21/entergy-etr-set-to-announce-earnings-on-friday.html.

About Entergy

Entergy Corporation is a holding company. The Company is an integrated energy company engaged in electric power production and retail electric distribution operations. The Company 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.

Earnings History for Entergy (NYSE:ETR)

Receive News & Ratings for Entergy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Entergy and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply