Entergy Corporation's revealed a series of major financial reports and company developments. The company posted positive 2024 financial results and set forth its 2025 guidance.
Raymond James has initiated coverage of Entergy, and a
price target adjustment was made by Morgan Stanley. Entergy declared a quarterly dividend on preferred stock multiple times, showcasing a steady and robust giving trend. The corporation announced a public offering of common stock with a forward component.
Jim Cramer highlighted Entergy's strength as a utility with pricing power. Entergy has also revealed a strategic
debt management plan through a $1.3B stock offering. The company has also signaled a significant Gulf South energy transformation with a massive $37B investment plan. The company's CEO has unveiled an ambitious growth strategy for the Gulf South, including adding new data centers and a dividend boost. Meta also chose Entergy and Northeast Louisiana as the site of a $10B data center. Entergy also completed a common stock offering and announced a two-for-one stock split. Furthermore, it issued $300M in mortgage bonds. Despite market shifts, Entergy stock remained resilient.
Entergy Corporation ETR News Analytics from Thu, 01 Aug 2024 07:00:00 GMT to Thu, 19 Jun 2025 04:51:30 GMT -
Rating 5
- Innovation 2
- Information 7
- Rumor -7
