Entergy Corp (ETR) has experienced a mix of performance, underperforming compared to competitors on some days, however, also outperforming them regardless of daily losses. The company made significant advances, including a commendable third quarter earning report, along with the board approving a
6.2% dividend hike. Notable moves in ETR's stocks involved GSA Capital Partners holding a $1.04 million stake and numerous transactions from different investment companies like Victory Capital Management, Principal Financial Group, and others. Amid the controversies regarding ETR's valuation, the energy company breaks ground on a
$1.2B power plant promising clean energy, enhancing their contribution to environmental stewardship, and increasing their dividend to $1.2. The company has strong institutional backing with
89% ownership and pleased shareholders with a
50% return. ETR got an upgrade from Morgan Stanley as growth exceeded expectations and executives discussed increasing nuclear power capacity. However, insider selling action by some officers was noted. On an optimistic note, planned strategic investments, a strong EPS, and a dividend increase were highlight in their Q3 2024 earnings call. Several executive moves and retirements have been announced and ETR is set to host its 2024 Analyst Day on June 7.
Entergy Corporation ETR News Analytics from Thu, 22 Feb 2024 08:00:00 GMT to Sat, 16 Nov 2024 09:54:31 GMT -
Rating 3
- Innovation 6
- Information 8
- Rumor 1
