Media stories about Entergy (NYSE:ETR) have trended somewhat positive on Wednesday, according to Accern Sentiment. The research firm ranks the sentiment of news coverage by reviewing more than twenty million news and blog sources. 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 news impact score of 0.18 on Accern’s scale. Accern also assigned news articles about the utilities provider an impact score of 43.9845724864045 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the media stories that may have impacted Accern Sentiment’s scoring:
- Morgan Stanley Reiterates $76.00 Price Target for Entergy (ETR) (americanbankingnews.com)
- SPX Utilities Received a Target Price Change Last Week (finance.yahoo.com)
- Contrasting UIL (UIL) & Entergy (ETR) (americanbankingnews.com)
- Entergy Co. (ETR) Given Average Recommendation of “Buy” by Brokerages (americanbankingnews.com)
- 5 Ultra-Safe Utilities to Buy as Market Volatility Skyrockets (247wallst.com)
Entergy (ETR) traded down $1.07 during mid-day trading on Wednesday, hitting $73.98. 792,657 shares of the company traded hands, compared to its average volume of 1,400,000. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.58 and a current ratio of 0.78. The company has a market capitalization of $13,340.00, a PE ratio of -14.98, a price-to-earnings-growth ratio of 2.09 and a beta of 0.50. Entergy has a one year low of $69.63 and a one year high of $87.95.
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 1st. Shareholders of record on Thursday, February 8th will be paid a $0.89 dividend. This represents a $3.56 annualized dividend and a yield of 4.81%. The ex-dividend date is Wednesday, February 7th. Entergy’s dividend payout ratio is currently -72.06%.
Several equities research analysts have recently weighed in on ETR shares. Mizuho reiterated a “hold” rating and set a $83.00 price target on shares of Entergy in a research report on Friday, October 27th. Guggenheim reiterated a “buy” rating and set a $101.00 price target on shares of Entergy in a research report on Wednesday, January 3rd. TheStreet upgraded shares of Entergy from a “c” rating to a “b-” rating in a research report on Friday, October 27th. Bank of America initiated coverage on shares of Entergy in a research report on Tuesday, October 24th. They issued a “neutral” rating and a $86.00 price objective on the stock. Finally, UBS Group initiated coverage on shares of Entergy in a research report on Friday, February 2nd. They issued a “neutral” rating and a $82.00 price objective on the stock. Eight research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Entergy presently has a consensus rating of “Buy” and an average target price of $83.50.
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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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