Entergy Corporation which can be found using ticker (ETR) have now 15 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 135 and 97 with the average target price sitting at $120.40. Now with the previous closing price of $108.93 this would imply there is now a potential upside of 10.5%. The 50 day moving average now sits at $106.02 and the 200 moving average now moves to $110.16. The total market capitalization for the company now stands at $23,029m. Visit the company website at: https://www.entergy.com
The potential market cap would be $25,454m 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.
