Entergy (NYSE:ETR) Stock Gets Price Target Trim from JPMorgan Chase & Co.

Entergy (NYSE:ETR) had its price objective lowered by JPMorgan Chase & Co. from $137.00 to $130.00 in a research report released on Tuesday morning,Benzinga reports. The firm currently has an overweight rating on the utilities provider’s stock.

A number of other analysts have also recently weighed in on the stock. BMO Capital Markets raised their price objective on shares of Entergy from $123.00 to $124.00 and gave the stock an “outperform” rating in a report on Wednesday, July 22nd. Weiss Ratings cut shares of Entergy from a “buy (b+)” rating to a “buy (b)” rating in a report on Thursday, August 20th. Evercore reaffirmed an “outperform” rating and issued a $128.00 target price on shares of Entergy in a research report on Monday, August 17th. Morgan Stanley dropped their target price on shares of Entergy from $105.00 to $98.00 and set an “equal weight” rating on the stock in a research report on Friday, September 18th. Finally, Truist Financial set a $119.00 price target on shares of Entergy and gave the stock a “buy” rating in a research note on Monday. Seventeen investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $120.83.

Entergy Price Performance

Shares of NYSE ETR opened at $103.85 on Tuesday. 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 has a fifty-two week low of $90.87 and a fifty-two week high of $118.44. The firm has a market capitalization of $48.46 billion, a PE ratio of 26.59, a price-to-earnings-growth ratio of 2.34 and a beta of 0.46. The stock’s 50-day simple moving average is $104.39 and its 200-day simple moving average is $109.71.

Entergy (NYSE:ETR) last posted its earnings results on Wednesday, July 29th. The utilities provider reported $1.03 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.02. The firm had revenue of $3.52 billion during the quarter, compared to analysts’ expectations of $3.49 billion. Entergy had a return on equity of 10.53% and a net margin of 13.40%. During the same quarter in the previous year, the business earned $1.05 earnings per share. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. As a group, equities research analysts forecast that Entergy will post 4.40 EPS for the current fiscal year.

Entergy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Thursday, August 13th were issued a dividend of $0.64 per share. The ex-dividend date of this dividend was Thursday, August 13th. This represents a $2.56 annualized dividend and a dividend yield of 2.5%. Entergy’s dividend payout ratio (DPR) is currently 65.64%.

Insiders Place Their Bets

In other news, Director Ralph Lewis Ropp acquired 1,000 shares of the business’s stock in a transaction on Thursday, August 6th. The stock was bought at an average price of $106.08 per share, for a total transaction of $106,080.00. Following the transaction, the director owned 3,423 shares in the company, valued at $363,111.84. This represents a 41.27% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Laura R. Landreaux sold 5,600 shares of the firm’s stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $106.20, for a total transaction of $594,720.00. Following the completion of the sale, the insider owned 22,589 shares of the company’s stock, valued at $2,398,951.80. This trade represents a 19.87% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.21% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in ETR. Iams Wealth Management LLC acquired a new stake in Entergy in the third quarter valued at about $535,000. V Square Quantitative Management LLC boosted its holdings in Entergy by 11.4% in the 3rd quarter. V Square Quantitative Management LLC now owns 4,293 shares of the utilities provider’s stock valued at $426,000 after purchasing an additional 441 shares in the last quarter. AdvisorNet Financial Inc increased its position in Entergy by 36.8% during the 3rd quarter. AdvisorNet Financial Inc now owns 2,307 shares of the utilities provider’s stock worth $241,000 after purchasing an additional 621 shares during the period. Harrell Investment Partners LLC increased its position in Entergy by 1.4% during the 3rd quarter. Harrell Investment Partners LLC now owns 27,662 shares of the utilities provider’s stock worth $2,746,000 after purchasing an additional 372 shares during the period. Finally, Ninety One UK Ltd acquired a new position in Entergy during the 3rd quarter worth approximately $1,022,000. 88.07% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Entergy

Here are the key news stories impacting Entergy this week:

• Positive Sentiment: KeyBanc reiterated a Buy rating on Entergy and maintained a $118 price target, implying potential upside from recent trading levels. Entergy Receives a Buy from KeyBanc
• Positive Sentiment: KeyCorp made modestly bullish revisions to Entergy’s forecasts: Q3 2026 EPS rose to $1.67 from $1.63, FY2026 EPS increased to $4.40 from $4.39, and FY2027 EPS increased to $5.14 from $5.12. Longer-term estimates also edged higher to $5.77 for FY2028, $6.49 for FY2029 and $7.32 for FY2030. KeyCorp retains an Overweight rating and a $118 target.
• Neutral Sentiment: The revisions point to continued earnings growth, but the FY2026 estimate merely matches the broader consensus of $4.40 per share. KeyCorp’s forecast for FY2027 remains ahead of the current-year outlook, supporting the long-term investment case without creating a major near-term earnings catalyst.
• Negative Sentiment: KeyCorp lowered its Q4 2026 EPS estimate to $0.82 from $0.87, partially offsetting the positive quarterly and long-range changes.
• Negative Sentiment: JPMorgan Chase & Co. cut its price target for Entergy, adding pressure to the shares and signaling more limited near-term upside in that analyst’s view. Entergy Stock Price Target Cut by JPMorgan Chase
• Negative Sentiment: Market commentary highlighted rising-rate headwinds as a key risk for Entergy. Higher interest rates can increase the utility’s borrowing costs and make its dividend yield less attractive relative to bonds, overshadowing solid utility fundamentals and potential data-center-related electricity demand. Rate Headwinds Overshadow Entergy’s Fundamentals

Entergy Company Profile

Entergy Corporation is an integrated energy company that provides electric power and related services through regulated utility subsidiaries. Its operations include electricity generation, transmission and distribution, as well as natural gas distribution and other utility services.

Entergy serves customers across Arkansas, Louisiana, Mississippi and Texas, including the city of New Orleans. The company operates a diverse generation portfolio that includes nuclear, natural gas, renewable and other resources, and it supplies electricity to residential, commercial, industrial and governmental customers.

Founded in 1949 as Middle South Utilities, the company adopted the Entergy name in 1994.