Media coverage about Entergy Corporation (NYSE:ETR) has trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Entergy Corporation earned a media sentiment score of 0.05 on Accern’s scale. Accern also assigned news stories about the utilities provider an impact score of 45.7618297562444 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the media headlines that may have effected Accern’s rankings:
- DVY, CME, ETR, DTE: ETF Outflow Alert – Nasdaq (nasdaq.com)
- Entergy Corporation (ETR) versus The Competition Head-To-Head Analysis (americanbankingnews.com)
- Pre-Market Technical Pulse on Electric Utilities Stocks — Entergy, Great Plains Energy, Atlantica Yield, and Companhia Energetica de Minas Gerais (marketwatch.com)
- Where Exelon Stock Might Go from Here (finance.yahoo.com)
- ETR Crosses Below Key Moving Average Level (nasdaq.com)
Entergy Corporation (NYSE ETR) opened at 79.64 on Wednesday. The stock’s market capitalization is $14.30 billion. The stock has a 50 day moving average price of $78.50 and a 200-day moving average price of $77.39. Entergy Corporation has a 1-year low of $66.71 and a 1-year high of $80.61.
Entergy Corporation (NYSE:ETR) last released its earnings results on Wednesday, August 2nd. The utilities provider reported $3.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.20 by $1.91. Entergy Corporation had a positive return on equity of 14.08% and a negative net margin of 7.98%. The firm had revenue of $2.62 billion for the quarter, compared to the consensus estimate of $2.44 billion. During the same period in the prior year, the firm earned $3.16 EPS. Equities research analysts expect that Entergy Corporation will post $6.57 EPS for the current year.
ETR has been the subject of a number of research analyst reports. ValuEngine raised Entergy Corporation from a “hold” rating to a “buy” rating in a report on Monday, August 7th. BidaskClub raised Entergy Corporation from a “hold” rating to a “buy” rating in a report on Saturday, August 26th. Morgan Stanley raised Entergy Corporation from an “underweight” rating to an “equal weight” rating and reduced their target price for the stock from $84.00 to $82.00 in a report on Thursday, September 21st. Jefferies Group LLC reissued a “hold” rating and issued a $78.00 target price on shares of Entergy Corporation in a report on Thursday, July 6th. Finally, BMO Capital Markets reissued a “hold” rating and issued a $78.00 target price on shares of Entergy Corporation in a report on Friday, August 4th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $77.70.
In related news, insider Charles L. Rice, Jr. sold 1,000 shares of the company’s stock in a transaction on Wednesday, August 23rd. The stock was sold at an average price of $78.95, for a total value of $78,950.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Alexis M. Herman sold 995 shares of the stock in a transaction dated Friday, August 4th. The stock was sold at an average price of $76.38, for a total value of $75,998.10. The disclosure for this sale can be found here. Over the last three months, insiders sold 3,495 shares of company stock worth $271,313. 0.24% of the stock is owned by insiders.
About Entergy Corporation
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.
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