Entergy Corporation has had a notable year with numerous highlights and accomplishments, systematically beating revenue and earnings estimates, resulting in a steady, consistent dividend payout. They have seen
strong industrial sales growth and subsequent expansions of their capital plan. In addition,
New forecasts have been produced by analysts, partially due to better-than-anticipated earnings. With a Q2 price target boost to $97, the company maintains an All-time high, and achieved a
105% gain for those investors who held onto the stock over five years. Despite having a strained balance sheet, the company managed to announce a
massive $1.3B stock offering and a strategic debt management plan. Furthermore, according to Jim Cramer, the company has strong pricing power. A key executive sold a large portion of their stock but this movement did not deter the
steady rise in stock price. Entergy also announced the completion of the sale of its natural gas distribution business indicating a bold move into an all-electric utility future. The appointment of R. Lewis Ropp a Former $5B Fund Manager to the board of Directors signifies a potential strategic shift in the company’s governance.
Entergy Corporation ETR News Analytics from Wed, 25 Sep 2024 07:00:00 GMT to Sat, 02 Aug 2025 13:44:40 GMT -
Rating 5
- Innovation 8
- Information 9
- Rumor 3
