Entergy
About: Entergy is a holding company with five regulated integrated utilities that generate and distribute electricity to about 3 million customers in Arkansas, Louisiana, Mississippi, and Texas. It is one of the largest power producers in the country with 24 gigawatts of rate-regulated owned and leased power generation capacity. Entergy was the second-largest nuclear owner in the US before it began retiring and selling its plants in the Northeast in 2014. It plans to sell its two small gas utilities in Louisiana.
Employees: 12,177
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
197% more call options, than puts
Call options by funds: $84.1M | Put options by funds: $28.3M
28% more first-time investments, than exits
New positions opened: 127 | Existing positions closed: 99
24% more capital invested
Capital invested by funds: $21.3B [Q2] → $26.4B (+$5.1B) [Q3]
18% more repeat investments, than reductions
Existing positions increased: 359 | Existing positions reduced: 303
8% more funds holding in top 10
Funds holding in top 10: 12 [Q2] → 13 (+1) [Q3]
3% more funds holding
Funds holding: 898 [Q2] → 926 (+28) [Q3]
0.85% more ownership
Funds ownership: 93.21% [Q2] → 94.07% (+0.85%) [Q3]
Research analyst outlook
22 Wall Street Analysts provided 1 year price targets over the past 3 months
22 analyst ratings
Barclays Nicholas Campanella 72% 1-year accuracy 49 / 68 met price target | 2%upside $152 | Overweight Maintained | 5 Nov 2024 |
Mizuho Anthony Crowdell 66% 1-year accuracy 21 / 32 met price target | 11%upside $165 | Outperform Maintained | 4 Nov 2024 |
B of A Securities Paul Zimbardo 100% 1-year accuracy 3 / 3 met price target | 3%upside $154 | Neutral Downgraded | 4 Nov 2024 |
Morgan Stanley Stephen Byrd 46% 1-year accuracy 22 / 48 met price target | 1%upside $150 | Equal-Weight Upgraded | 4 Nov 2024 |
Guggenheim Shahriar Pourreza 75% 1-year accuracy 15 / 20 met price target | 11%upside $165 | Buy Maintained | 1 Nov 2024 |
Financial journalist opinion
Based on 13 articles about ETR published over the past 30 days
