Entergy Corporation (NYSE:ETR) is expected to pay $0.87 on Dec 1, 2016. The indicated annual dividend is $3.48. Shareholders owning the stock before Nov 8, 2016 will be eligible to receive the payout. Based on Entergy Corporation’s current price of $70.82, the dividend is 1.23%. This dividend’s record date is Nov 10, 2016 and the announcement date is Oct 28, 2016. The stock decreased 0.80% or $0.57 on November 4, hitting $70.82. Entergy Corporation (NYSE:ETR) has declined 8.13% since April 5, 2016 and is downtrending. It has underperformed by 10.09% the S&P500.
Entergy Corporation is a holding company. The company has a market cap of $12.66 billion. The Firm is an integrated energy firm engaged in electric power production and retail electric distribution operations. It has a 9.89 P/E ratio. It operates through two business divisions: Utility and Entergy Wholesale Commodities.
Insitutional Activity: The institutional sentiment decreased to 1.18 in 2016 Q2. Its down 0.17, from 1.35 in 2016Q1. The ratio dropped, as 33 funds sold all Entergy Corporation shares owned while 163 reduced positions. 48 funds bought stakes while 184 increased positions. They now own 148.79 million shares or 3.31% more from 144.01 million shares in 2016Q1.
Gateway Inv Advisers holds 0.01% or 15,003 shares in its portfolio. Moreover, Van Eck Associates has 0.01% invested in Entergy Corporation (NYSE:ETR) for 20,808 shares. Moreover, Voya Inv Management Lc has 0.03% invested in Entergy Corporation (NYSE:ETR) for 159,494 shares. Symons Capital Mgmt has 272,276 shares for 5.15% of their US portfolio. Massmutual Tru Fsb Adv holds 0% of its portfolio in Entergy Corporation (NYSE:ETR) for 300 shares. Adams Asset Advsr Limited Co has 76,211 shares for 1.06% of their US portfolio. Dynamic Advsrs Solutions Limited owns 28,494 shares or 0.94% of their US portfolio. New Mexico Educational Retirement Board holds 0.08% of its portfolio in Entergy Corporation (NYSE:ETR) for 20,799 shares. New York State Teachers Retirement Systems has 298,375 shares for 0.06% of their US portfolio. Fiduciary holds 0.07% of its portfolio in Entergy Corporation (NYSE:ETR) for 25,915 shares. Barclays Public Ltd Co has 0.04% invested in the company for 381,189 shares. Janus Capital Mgmt Ltd Liability holds 0.03% of its portfolio in Entergy Corporation (NYSE:ETR) for 418,982 shares. The Kansas-based Meritage Port has invested 1.46% in Entergy Corporation (NYSE:ETR). Moreover, Pzena Invest Management Limited Co has 0.41% invested in Entergy Corporation (NYSE:ETR) for 799,844 shares. Commonwealth Of Pennsylvania Public School Empls Retrmt Sys holds 0.02% of its portfolio in Entergy Corporation (NYSE:ETR) for 14,311 shares.
Insider Transactions: Since May 11, 2016, the stock had 0 insider buys, and 4 sales for $399,596 net activity. 1,250 Entergy Corporation (NYSE:ETR) shares with value of $97,004 were sold by FISACKERLY HALEY. On Friday, August 26 the insider RICE CHARLES L JR sold $60,314. HERMAN ALEXIS M had sold 1,091 shares worth $83,178 on Monday, May 16. DESPEAUX KIMBERLY H sold $159,100 worth of Entergy Corporation (NYSE:ETR) on Friday, August 12.
Entergy Corporation (NYSE:ETR) Ratings Coverage
Out of 13 analysts covering Entergy Corporation (NYSE:ETR), 3 rate it a “Buy”, 3 “Sell”, while 7 “Hold”. This means 23% are positive. Entergy Corporation has been the topic of 30 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by Bank of America given on Tuesday, April 12. Jefferies maintained the shares of ETR in a report on Friday, June 10 with “Hold” rating. The company was upgraded on Tuesday, January 12 by Bank of America. As per Wednesday, July 20, the company rating was maintained by Citigroup. The company was maintained on Wednesday, October 26 by Deutsche Bank. UBS maintained Entergy Corporation (NYSE:ETR) rating on Monday, February 22. UBS has “Sell” rating and $66 price target. The firm earned “Equal-Weight” rating on Friday, March 18 by Barclays Capital. The stock has “Sell” rating given by Zacks on Monday, September 7. JP Morgan maintained the shares of ETR in a report on Monday, September 21 with “Neutral” rating. The firm has “Underweight” rating by Morgan Stanley given on Thursday, October 27.
More recent Entergy Corporation (NYSE:ETR) news were published by: Prnewswire.com which released: “Entergy Corporation Chairman and CEO to Present at 51st EEI Financial Conference” on November 02, 2016. Also Zacks.com published the news titled: “Should You Buy Entergy Corporation (ETR) Ahead of Earnings?” on October 21, 2016. Nasdaq.com‘s news article titled: “Entergy Corporation (ETR) Beats on Q3 Earnings Estimates” with publication date: October 25, 2016 was also an interesting one.
ETR Company Profile
Entergy Corporation, incorporated on August 19, 1992, is a holding company. The Firm is an integrated energy firm engaged in electric power production and retail electric distribution operations. The Firm operates through two divisions: Utility and Entergy Wholesale Commodities. The Firm owns and operates power plants with over 30,000 megawatts of aggregate electric generating capacity, including approximately 10,000 megawatts of nuclear-fueled capacity.
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