Entergy Corporation with ticker code (ETR) now have 14 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 130 and 106 calculating the average target price we see $120.00. Now with the previous closing price of $109.03 this is indicating there is a potential upside of 10.1%. The 50 day MA is $106.28 while the 200 day moving average is $110.09. The market capitalization for the company is $23,069m. Company Website: https://www.entergy.com
The potential market cap would be $25,390m based on the market consensus.
Entergy Corporation, together with its subsidiaries, engages in the production and retail distribution of electricity in the United States. The company operates in two segments, Utility and Entergy Wholesale Commodities. The Utility segment generates, transmits, distributes, and sells electric power in portions of Arkansas, Louisiana, Mississippi, and Texas, including the City of New Orleans; and distributes natural gas. The Entergy Wholesale Commodities segment engages in the ownership, operation, and decommissioning of nuclear power plants; and ownership of interests in non-nuclear power plants that sell electric power to wholesale customers, as well as provides services to other nuclear power plant owners. It generates electricity through gas, nuclear, coal, hydro, and solar power sources. The company sells energy to retail power providers, utilities, electric power co-operatives, power trading organizations, and other power generation companies. The company’s power plants have approximately 24,000 megawatts (MW) of electric generating capacity, which include 5,000 MW of nuclear power. It delivers electricity to 3 million utility customers in Arkansas, Louisiana, Mississippi, and Texas. Entergy Corporation was founded in 1913 and is headquartered in New Orleans, Louisiana.
The company has a dividend yield of 3.93% with the ex dividend date set at 3-5-2023 (DMY).
Other points of data to note are a P/E ratio of 20.22, revenue per share of 67.32 and a 1.98% return on assets.
