Entergy Corporation (ETR) displayed significant activities in the recent news with an announcement of a
public offering of its common stock with a forward component that raised an astonishing
$1.3 billion. This strategic financial move is part of the company's debt management plan. Among all the utility stocks,
ETR continues to stand out for its performance, identified as one of the
best electric utility stocks to buy now. Furthermore, the
quarterly earnings reports reinforce Entergy's solid financial footing. Recently, the corporation completed a
stock split, issuing two new shares for every one share held. News also includes a partnership with
Meta to house a $10 billion data center in Northeast Louisiana. The firm continues to reward its shareholders with a
6.2% hike in dividends. Despite market shifts causing the stocks to hit a 52-week low, they later soared to an all-time high of $79.05. Entergy's Q3 earnings surpassed estimates despite a decline in revenues Y/Y.
Entergy Corporation ETR News Analytics from Wed, 10 Apr 2024 07:00:00 GMT to Fri, 21 Mar 2025 16:24:54 GMT -
Rating 8
- Innovation 5
- Rumor -5
