Entergy Corp (ETR) has been experiencing various financial movements. Recently, Cibc World Markets Corp and Quadrature Capital Ltd increased their holdings in the company, while Tower Research Capital LLC TRC and CIBC Asset Management Inc reduced theirs. The stock underperformed compared to competitors on a Wednesday, but showed a 1.7% increase since the last earnings report. The company set a new price target by Barclays and Wells Fargo & Company at $116.00 and $125.00 respectively. Also, BMO Capital Markets raised the ETR price target to $120.00. Entergy has announced multiple quarterly dividend payments to shareholders, and a significant increase in the dividend. Delivering strong 2023 financial results, Entergy initiated a 2024 guidance. An agreement between Entergy and NextEra Energy Resources to develop up to 4.5 GW of new solar and energy was announced. Proposals for two new Texas gas-fired power plants to meet surging demand and a solar expansion of up up to 3 GW in Louisiana have been put forward. Q1 and Q3 2023 earnings didn't meet expectations, yet respectable returns of 42% have been reported over the past five years.
Entergy Corporation ETR News Analytics from Mon, 30 Sep 2019 07:00:00 GMT to Sun, 09 Jun 2024 14:06:39 GMT -
Rating 5
- Innovation 3
- Information 8
- Rumor 3
