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
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 10 analysts
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
48% more first-time investments, than exits
New positions opened: 129 | Existing positions closed: 87
24% more capital invested
Capital invested by funds: $21.3B [Q2] → $26.5B (+$5.17B) [Q3]
20% more repeat investments, than reductions
Existing positions increased: 367 | Existing positions reduced: 306
8% more funds holding in top 10
Funds holding in top 10: 12 [Q2] → 13 (+1) [Q3]
5% more funds holding
Funds holding: 899 [Q2] → 941 (+42) [Q3]
1.09% more ownership
Funds ownership: 93.21% [Q2] → 94.3% (+1.09%) [Q3]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$70
7%
downside
Avg. target
$80
6%
upside
High target
$90
20%
upside
10 analyst ratings
7 positive
70%
3 neutral
30%
0 negative
0%
Scotiabank Andrew Weisel 46% 1-year accuracy 13 / 28 met price target | 10%upside $83 | Sector Perform Maintained | 12 Dec 2024 |
UBS Daniel Ford 50% 1-year accuracy 2 / 4 met price target | 20%upside $90 | Buy Maintained | 3 Dec 2024 |
BMO Capital James Thalacker 64% 1-year accuracy 49 / 77 met price target | 6%upside $80 | Outperform Maintained | 18 Nov 2024 |
Barclays Nicholas Campanella 63% 1-year accuracy 45 / 71 met price target | 1%upside $76 | Overweight Maintained | 5 Nov 2024 |
Mizuho Anthony Crowdell 63% 1-year accuracy 17 / 27 met price target | 10%upside $83 | Outperform Maintained | 4 Nov 2024 |
Financial journalist opinion
Based on 11 articles about ETR published over the past 30 days
Positive
Zacks Investment Research
1 day ago
Entergy (ETR) Moves to Buy: Rationale Behind the Upgrade
Entergy (ETR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Positive
Zacks Investment Research
1 day ago
ETR or WEC: Which Is the Better Value Stock Right Now?
Investors with an interest in Utility - Electric Power stocks have likely encountered both Entergy (ETR) and WEC Energy Group (WEC). But which of these two stocks is more attractive to value investors?
Positive
Benzinga
3 days ago
Vistra, Entergy, NiSource, PG&E: 4 Utilities Power Up For Bullish 2025, Says JPMorgan
JPMorgan analysts Jeremy Tonet and Richard W. Sunderland believe utilities in North America are gearing up for a stellar 2025.
Positive
MarketBeat
4 days ago
These 3 Stocks Look to Power AI Data Centers With Natural Gas
Nuclear energy stocks have been all the rage in 2024 as investors look to profit from companies powering the AI revolution. However, the market is running out of reasonable places to look in this space.
Positive
Kiplinger
1 week ago
The Best Utility Stocks to Buy
Utility stocks are defensive plays for investors, offering stability and reliable dividends. Here, we look at how you can find the best ones to buy.
Positive
Seeking Alpha
2 weeks ago
Buy 3 December Barron's Better Bet 'Safer' Dividend Dogs Of 23
Long-term bond yields continue to rise. But investors looking for income can still find plenty of attractive opportunities with dividend-paying stocks that have healthy yields. “23 stocks pay huge dividends. They should be a better bet than treasuries.” —Barron's Weekly. In an interview, Steven Wieting, strategist at Citi-Wealth, noted that a growing-dividend is a tangible-benefit for shareholders and a-hallmark-of companies with strong-balance-sheets. “Nobody can fake a dividend,” he said.
Positive
CNBC Television
2 weeks ago
Utility stocks still a buy due to mismatch in supply-demand environment, says Barclay's Campanella
Nicholas Campanella, Barclays analyst, joins 'Squawk on the Street' to discuss the timeline to expect nuclear power to come online to support data centers, the small modular reactor technology, and if investors should still buy utility stocks given the run up.
Neutral
PRNewsWire
2 weeks ago
Entergy Louisiana to power Meta's data center in Richland Parish
Investment in new infrastructure will transform Northeast Louisiana economy for generations RICHLAND PARISH, La. , Dec. 5, 2024 /PRNewswire/ -- Entergy Louisiana is pleased to announce plans to invest in modern, efficient generation facilities and robust transmission infrastructure to support the region and Meta's data center representing a $10 billion in investment in Richland Parish.
Neutral
Investors Business Daily
2 weeks ago
This Is The Latest Utility Stock Riding The AI Wave With $10 Billion Meta Project
Meta announced Wednesday plans to build a $10 billion data center in Louisiana. The post This Is The Latest Utility Stock Riding The AI Wave With $10 Billion Meta Project appeared first on Investor's Business Daily.
Neutral
PRNewsWire
2 weeks ago
Meta Selects Northeast Louisiana as Site of $10 Billion Artificial Intelligence Optimized Data Center That Will Be Company's Largest in the World
Project is expected to result in 500 or more direct new jobs, more than 1,000 indirect jobs and 5,000 construction workers at peak. Expansive technology campus will occupy 4 million square feet on 2,250 acres in Richland Parish.
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