Entergy (NYSE:ETR – Get Free Report) issued its quarterly earnings results on Monday. The utilities provider reported $1.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.73 by $0.25, Zacks reports. Entergy had a net margin of 14.63% and a return on equity of 11.44%. The company had revenue of $4.37 billion during the quarter, compared to analyst estimates of $4.12 billion. During the same quarter last year, the business posted $1.53 EPS.
Here are the key takeaways from Entergy’s conference call:
- Strong quarter and improved 2026 outlook: Adjusted EPS was $1.98, supported by hot weather, residential and industrial sales growth, and data-center ramping. Entergy raised the bottom of its 2026 adjusted EPS guidance range by $0.10 while maintaining its longer-term outlook for greater than 8% growth.
- Google expansion adds investment and customer benefits: Entergy Arkansas added approximately $600 million of planned investment, primarily for battery storage, tied to Google’s West Memphis campus expansion. Pending regulatory approval, the project is expected to ramp in 2028 and increases projected Fair Share Plus customer bill savings across Entergy’s utilities to at least $7.5 billion.
- Large potential demand pipeline supports growth: Management cited 7–12 GW of data-center interest and 3–5 GW of traditional industrial opportunities that could convert into agreements within 24 months. Entergy increased 2027–2030 capital plans by approximately $1.5 billion, although additional transmission and clean-energy opportunities remain outside the current plan pending regulatory or commercial progress.
- Generation and grid investment execution is advancing: The 1,200-MW Orange County Advanced Power Station is complete and operational, while Entergy has 23 GW across 31 natural-gas plants in its queue and more than 1,000 transmission miles planned. The company also highlighted standardized designs, drones, robotic welding, and other measures intended to reduce construction costs, schedules, and labor exposure.
- Balance sheet and regulatory position remain a focus: Entergy completed its planned 2026 financings, expects Moody’s FFO-to-debt metric to remain at 15% or better, and has more than 40% of its 2027–2030 equity needs contracted. However, the company still expects to target equity funding of 10%–15% of total capital, while several major investments and regulatory proceedings remain pending.
Entergy Price Performance
NYSE ETR traded up $1.76 on Wednesday, hitting $110.68. The stock had a trading volume of 2,029,766 shares, compared to its average volume of 2,977,856. The firm has a 50-day moving average of $104.52 and a 200-day moving average of $107.45. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.70 and a current ratio of 1.18. Entergy has a 52-week low of $90.87 and a 52-week high of $118.44. The company has a market capitalization of $51.65 billion, a price-to-earnings ratio of 25.46, a price-to-earnings-growth ratio of 2.45 and a beta of 0.44.
Entergy Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Friday, November 13th will be paid a $0.68 dividend. The ex-dividend date is Friday, November 13th. This represents a $2.72 annualized dividend and a yield of 2.5%. This is a boost from Entergy’s previous quarterly dividend of $0.64. Entergy’s dividend payout ratio is currently 65.64%.
Wall Street Analysts Forecast Growth
ETR has been the subject of several recent research reports. Morgan Stanley lifted their price objective on Entergy from $98.00 to $101.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 21st. JPMorgan Chase & Co. cut their target price on shares of Entergy from $137.00 to $130.00 and set an “overweight” rating for the company in a research report on Tuesday, October 13th. LADENBURG THALM/SH SH reduced their target price on shares of Entergy from $120.50 to $113.50 and set a “buy” rating for the company in a research note on Monday, October 12th. Jefferies Financial Group lowered their price target on shares of Entergy from $133.00 to $130.00 and set a “buy” rating on the stock in a research report on Tuesday, October 20th. Finally, HSBC initiated coverage on shares of Entergy in a research report on Thursday, October 22nd. They issued a “buy” rating and a $123.50 price target on the stock. Twenty analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $121.57.
Check Out Our Latest Stock Analysis on Entergy
Insiders Place Their Bets
In other Entergy news, insider Laura R. Landreaux sold 5,600 shares of the company’s stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $106.20, for a total value of $594,720.00. Following the transaction, the insider directly owned 22,589 shares in the company, valued at $2,398,951.80. This represents a 19.87% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ralph Lewis Ropp acquired 1,000 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the director owned 3,423 shares of the company’s stock, valued at $363,111.84. The trade was a 41.27% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.21% of the stock is owned by insiders.
About Entergy
Entergy Corporation is an integrated energy company that operates as a regulated electric utility. Through its operating companies, the company generates, transmits and distributes electricity to residential, commercial, industrial and governmental customers. Its generation portfolio includes nuclear, natural gas, renewable and other power resources, while its transmission and distribution networks deliver electricity across its service territories.
Entergy serves customers in Arkansas, Louisiana, Mississippi and Texas, including the New Orleans area through Entergy New Orleans.
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