Entergy (NYSE:ETR) Issues Earnings Results

Entergy (NYSE:ETR) released its quarterly earnings results on Wednesday. The utilities provider reported $1.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.02, Zacks reports. Entergy had a return on equity of 10.53% and a net margin of 13.40%.The company had revenue of $3.52 billion during the quarter, compared to analysts’ expectations of $3.49 billion. During the same quarter in the prior year, the business posted $1.05 earnings per share. Entergy updated its FY 2026 guidance to 4.250-4.450 EPS.

Here are the key takeaways from Entergy’s conference call:

• Entergy reaffirmed its 2026 adjusted EPS guidance and outlook through 2030 after reporting second-quarter adjusted EPS of $1.03. Results were slightly below the prior year as weather was closer to normal, although retail sales excluding weather grew, led by 10% industrial sales growth.
• Data-center demand remains a major growth driver, with Entergy citing 7–12 gigawatts of hyperscale potential and 3–5 gigawatts of traditional industrial interest. Management said inquiries have increased since Investor Day, though much of the new demand remains at the indication-of-interest stage.
• Entergy said its Fair Share Plus contracting approach protects existing customers by requiring data centers to cover their incremental and fixed costs; signed agreements are expected to generate approximately $7 billion in customer bill benefits, alongside grid and community investments.
• The company continues to pursue grid resilience and reliability investments, including a planned Louisiana Phase 1A accelerated resilience filing and more than $337 million in Entergy Texas resilience projects supported in part by a $200 million state grant. Management said the staging is intended to manage near-term customer affordability rather than reduce the long-term investment need.
• Entergy expects third-quarter other operating and maintenance expense to be approximately $0.05–$0.10 higher year over year, while higher interest expense, taxes, depreciation, and share count pressured second-quarter results. The company also acknowledged ongoing regulatory and community risks, including a data-center moratorium in New Orleans and unresolved customer-risk considerations surrounding the proposed Cottonwood acquisition and potential new nuclear development.

Entergy Trading Up 0.2%

Shares of Entergy stock opened at $108.22 on Friday. The company has a quick ratio of 0.73, a current ratio of 0.91 and a debt-to-equity ratio of 1.73. The firm has a market cap of $49.55 billion, a price-to-earnings ratio of 27.84, a price-to-earnings-growth ratio of 1.84 and a beta of 0.50. The business has a fifty day simple moving average of $112.38 and a 200-day simple moving average of $108.31. Entergy has a fifty-two week low of $86.40 and a fifty-two week high of $118.44.

Insiders Place Their Bets

In related news, insider Haley Fisackerly sold 10,638 shares of Entergy stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $110.00, for a total transaction of $1,170,180.00. Following the transaction, the insider directly owned 14,182 shares of the company’s stock, valued at $1,560,020. The trade was a 42.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.21% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Entergy

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Aristotle Capital Management LLC boosted its holdings in Entergy by 4.4% in the 4th quarter. Aristotle Capital Management LLC now owns 2,280 shares of the utilities provider’s stock valued at $211,000 after purchasing an additional 96 shares during the period. Summit Financial LLC increased its holdings in shares of Entergy by 4.7% in the fourth quarter. Summit Financial LLC now owns 2,510 shares of the utilities provider’s stock worth $232,000 after purchasing an additional 112 shares during the period. Coldstream Capital Management Inc. raised its position in shares of Entergy by 1.0% in the third quarter. Coldstream Capital Management Inc. now owns 13,653 shares of the utilities provider’s stock worth $1,272,000 after buying an additional 131 shares in the last quarter. Zions Bancorporation National Association UT raised its position in shares of Entergy by 10.1% in the fourth quarter. Zions Bancorporation National Association UT now owns 1,500 shares of the utilities provider’s stock worth $139,000 after buying an additional 137 shares in the last quarter. Finally, Glenmede Investment Management LP boosted its stake in Entergy by 0.5% during the third quarter. Glenmede Investment Management LP now owns 28,138 shares of the utilities provider’s stock valued at $2,622,000 after buying an additional 152 shares during the period. 88.07% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on ETR shares. BTIG Research restated a “buy” rating and set a $126.00 price objective on shares of Entergy in a research note on Wednesday, June 10th. KeyCorp reiterated an “overweight” rating and issued a $123.00 target price (up from $118.00) on shares of Entergy in a research report on Tuesday, April 21st. BMO Capital Markets raised their target price on shares of Entergy from $123.00 to $124.00 and gave the company an “outperform” rating in a research note on Wednesday, July 22nd. Truist Financial set a $127.00 price target on shares of Entergy and gave the stock a “buy” rating in a research report on Friday, May 29th. Finally, Morgan Stanley set a $109.00 price target on shares of Entergy in a research note on Wednesday, July 22nd. Seventeen investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target 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.