Entergy (NYSE:ETR) Stock Gets Price Target Cut from KeyCorp

Entergy (NYSE:ETR) had its price target lowered by KeyCorp from $123.00 to $118.00 in a report published on Tuesday morning, MarketBeat Ratings reports. The brokerage currently has an overweight rating on the utilities provider’s stock. KeyCorp also issued estimates for Entergy’s Q3 2026 earnings at $1.67 EPS, Q4 2026 earnings at $0.82 EPS, FY2026 earnings at $4.40 EPS, FY2027 earnings at $5.14 EPS, FY2028 earnings at $5.77 EPS, FY2029 earnings at $6.49 EPS and FY2030 earnings at $7.32 EPS.

Several other equities research analysts have also recently issued reports on the stock. Weiss Ratings cut shares of Entergy from a “buy (b+)” rating to a “buy (b)” rating in a research report on Thursday, August 20th. Wall Street Zen lowered shares of Entergy from a “hold” rating to a “sell” rating in a research report on Sunday, August 9th. BMO Capital Markets upped their price target on shares of Entergy from $123.00 to $124.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 22nd. Truist Financial set a $119.00 price target on shares of Entergy and gave the stock a “buy” rating in a research note on Monday. Finally, Evercore reiterated an “outperform” rating and issued a $128.00 price target on shares of Entergy in a report on Monday, August 17th. Seventeen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $120.83.

Entergy Stock Performance

Entergy stock opened at $103.85 on Tuesday. The firm has a market capitalization of $48.46 billion, a P/E ratio of 26.59, a PEG ratio of 2.34 and a beta of 0.46. The stock has a fifty day moving average price of $104.39 and a 200 day moving average price of $109.71. Entergy has a 52 week low of $90.87 and a 52 week high of $118.44. The company has a current ratio of 0.91, a quick ratio of 0.70 and a debt-to-equity ratio of 1.73.

Entergy (NYSE:ETR) last released its earnings results on Wednesday, July 29th. The utilities provider reported $1.03 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.02. Entergy had a return on equity of 10.53% and a net margin of 13.40%. The firm had revenue of $3.52 billion for the quarter, compared to the consensus estimate of $3.49 billion. During the same period in the prior year, the business posted $1.05 earnings per share. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. Equities research analysts anticipate that Entergy will post 4.40 earnings per share for the current year.

Entergy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Thursday, August 13th were given a dividend of $0.64 per share. This represents a $2.56 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend was Thursday, August 13th. Entergy’s payout ratio is 65.64%.

Insider Activity

In other news, Director Ralph Lewis Ropp purchased 1,000 shares of the company’s stock in a transaction on Thursday, August 6th. The stock was bought at an average cost of $106.08 per share, for a total transaction of $106,080.00. Following the completion of the purchase, the director directly owned 3,423 shares of the company’s stock, valued at $363,111.84. The trade was a 41.27% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Laura Landreaux sold 5,600 shares of the firm’s stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $106.20, for a total value of $594,720.00. Following the completion of the transaction, the insider owned 22,589 shares in the company, valued at approximately $2,398,951.80. This trade represents a 19.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.21% of the company’s stock.

Institutional Trading of Entergy

A number of institutional investors and hedge funds have recently bought and sold shares of ETR. Iams Wealth Management LLC purchased a new position in Entergy in the third quarter valued at approximately $535,000. V Square Quantitative Management LLC lifted its position in Entergy by 11.4% during the third quarter. V Square Quantitative Management LLC now owns 4,293 shares of the utilities provider’s stock valued at $426,000 after buying an additional 441 shares in the last quarter. AdvisorNet Financial Inc grew its stake in Entergy by 36.8% during the third quarter. AdvisorNet Financial Inc now owns 2,307 shares of the utilities provider’s stock worth $241,000 after buying an additional 621 shares during the period. Harrell Investment Partners LLC grew its stake in Entergy by 1.4% during the third quarter. Harrell Investment Partners LLC now owns 27,662 shares of the utilities provider’s stock worth $2,746,000 after buying an additional 372 shares during the period. Finally, Ninety One UK Ltd purchased a new stake in Entergy during the third quarter worth approximately $1,022,000. Institutional investors and hedge funds own 88.07% of the company’s stock.

Entergy News Roundup

Here are the key news stories impacting Entergy this week:

• Positive Sentiment: KeyBanc reiterated a Buy rating on Entergy and maintained a $118 price target, implying potential upside from recent trading levels. Entergy Receives a Buy from KeyBanc
• Positive Sentiment: KeyCorp made modestly bullish revisions to Entergy’s forecasts: Q3 2026 EPS rose to $1.67 from $1.63, FY2026 EPS increased to $4.40 from $4.39, and FY2027 EPS increased to $5.14 from $5.12. Longer-term estimates also edged higher to $5.77 for FY2028, $6.49 for FY2029 and $7.32 for FY2030. KeyCorp retains an Overweight rating and a $118 target.
• Neutral Sentiment: The revisions point to continued earnings growth, but the FY2026 estimate merely matches the broader consensus of $4.40 per share. KeyCorp’s forecast for FY2027 remains ahead of the current-year outlook, supporting the long-term investment case without creating a major near-term earnings catalyst.
• Negative Sentiment: KeyCorp lowered its Q4 2026 EPS estimate to $0.82 from $0.87, partially offsetting the positive quarterly and long-range changes.
• Negative Sentiment: JPMorgan Chase & Co. cut its price target for Entergy, adding pressure to the shares and signaling more limited near-term upside in that analyst’s view. Entergy Stock Price Target Cut by JPMorgan Chase
• Negative Sentiment: Market commentary highlighted rising-rate headwinds as a key risk for Entergy. Higher interest rates can increase the utility’s borrowing costs and make its dividend yield less attractive relative to bonds, overshadowing solid utility fundamentals and potential data-center-related electricity demand. Rate Headwinds Overshadow Entergy’s Fundamentals

Entergy Company Profile

Entergy Corporation is an integrated energy company that provides electric power and related services through regulated utility subsidiaries. Its operations include electricity generation, transmission and distribution, as well as natural gas distribution and other utility services.

Entergy serves customers across Arkansas, Louisiana, Mississippi and Texas, including the city of New Orleans. The company operates a diverse generation portfolio that includes nuclear, natural gas, renewable and other resources, and it supplies electricity to residential, commercial, industrial and governmental customers.

Founded in 1949 as Middle South Utilities, the company adopted the Entergy name in 1994.