News stories about Entergy (NYSE:ETR) have been trending somewhat positive on Tuesday, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Entergy earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned press coverage about the utilities provider an impact score of 46.2916133405106 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Most Shocking Stock Movements: Entergy Corporation (ETR), The PNC Financial Services Group, Inc. (PNC) – Market Movers (financialqz.com)
- ETFs with exposure to Entergy Corp. : December 18, 2017 (finance.yahoo.com)
- Analyzing Entergy (ETR) and Pinnacle West Capital (PNW) (americanbankingnews.com)
- Entergy (ETR) Lifted to “Buy” at Bank of America (americanbankingnews.com)
- N.Y. power seen sufficient after Indian Point nuclear retirement -report (finance.yahoo.com)
Shares of Entergy (ETR) traded down $1.66 during mid-day trading on Tuesday, hitting $81.03. 1,638,213 shares of the stock traded hands, compared to its average volume of 1,230,330. The stock has a market capitalization of $15,105.07, a P/E ratio of 12.40, a P/E/G ratio of 1.73 and a beta of 0.55. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.58 and a current ratio of 0.78. Entergy has a 52 week low of $69.63 and a 52 week high of $87.95.
Entergy (NYSE:ETR) last announced its earnings results on Tuesday, October 24th. The utilities provider reported $2.35 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.24 by $0.11. The company had revenue of $3.24 billion during the quarter, compared to the consensus estimate of $3.13 billion. Entergy had a negative net margin of 7.82% and a positive return on equity of 14.76%. During the same quarter in the prior year, the company posted $2.31 earnings per share. equities research analysts predict that Entergy will post 6.91 earnings per share for the current year.
The company also recently announced a quarterly dividend, which was paid on Friday, December 1st. Stockholders of record on Thursday, November 9th were issued a $0.89 dividend. The ex-dividend date of this dividend was Wednesday, November 8th. This represents a $3.56 annualized dividend and a dividend yield of 4.39%. This is an increase from Entergy’s previous quarterly dividend of $0.87. Entergy’s dividend payout ratio is currently -72.06%.
Several research firms have weighed in on ETR. BidaskClub upgraded shares of Entergy from a “hold” rating to a “buy” rating in a report on Saturday, August 26th. Citigroup upgraded shares of Entergy from a “neutral” rating to a “buy” rating and set a $91.00 price objective on the stock in a report on Friday, October 13th. Mizuho upgraded shares of Entergy from a “neutral” rating to a “buy” rating in a report on Friday, November 17th. Morgan Stanley upgraded shares of Entergy from an “underweight” rating to an “equal weight” rating and lowered their price objective for the stock from $84.00 to $82.00 in a report on Thursday, September 21st. Finally, TheStreet downgraded shares of Entergy from a “b-” rating to a “c+” rating in a report on Wednesday, December 6th. Seven investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Entergy has an average rating of “Buy” and a consensus price target of $83.17.
In related news, insider Haley Fisackerly sold 3,934 shares of the stock in a transaction dated Monday, October 16th. The shares were sold at an average price of $82.49, for a total transaction of $324,515.66. Following the completion of the transaction, the insider now owns 4,367 shares in the company, valued at $360,233.83. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, COO Paul D. Hinnenkamp sold 2,300 shares of the stock in a transaction dated Tuesday, October 17th. The shares were sold at an average price of $84.00, for a total transaction of $193,200.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 57,812 shares of company stock valued at $4,907,522. 0.24% of the stock is currently owned by corporate insiders.
Entergy Company Profile
Entergy Corporation is a holding company. The Company is an integrated energy company engaged in electric power production and retail electric distribution operations. The Company operates through two business segments: Utility and Entergy Wholesale Commodities. The Utility segment includes the generation, transmission, distribution and sale of electric power to retail and wholesale customers in areas of Arkansas, Mississippi, Texas and Louisiana, including the City of New Orleans and operates a natural gas distribution business.
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