KeyCorp Issues Pessimistic Forecast for Entergy Earnings

Entergy Corporation (NYSE:ETR) – Research analysts at KeyCorp lowered their Q2 2026 EPS estimates for shares of Entergy in a report released on Wednesday, July 22nd. KeyCorp analyst S. Karp now expects that the utilities provider will post earnings of $0.95 per share for the quarter, down from their prior forecast of $1.10. KeyCorp has a “Overweight” rating and a $123.00 price objective on the stock. The consensus estimate for Entergy’s current full-year earnings is $4.40 per share. KeyCorp also issued estimates for Entergy’s Q3 2026 earnings at $1.86 EPS, Q4 2026 earnings at $0.72 EPS, FY2026 earnings at $4.40 EPS, FY2027 earnings at $5.13 EPS, FY2028 earnings at $5.75 EPS, FY2029 earnings at $6.41 EPS and FY2030 earnings at $7.23 EPS.

ETR has been the subject of several other research reports. Wall Street Zen upgraded shares of Entergy from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 2nd. BTIG Research reaffirmed a “buy” rating and issued a $126.00 target price on shares of Entergy in a report on Wednesday, June 10th. Barclays decreased their price target on Entergy from $124.00 to $119.00 and set an “overweight” rating for the company in a research report on Wednesday, June 3rd. BMO Capital Markets lifted their price target on Entergy from $123.00 to $124.00 and gave the stock an “outperform” rating in a report on Wednesday. Finally, Seaport Research Partners cut Entergy from a “buy” rating to a “neutral” rating in a research report on Monday, April 20th. Seventeen analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Entergy currently has an average rating of “Moderate Buy” and a consensus price target of $121.05.

Entergy Stock Up 0.9%

Entergy stock opened at $115.92 on Friday. Entergy has a fifty-two week low of $86.40 and a fifty-two week high of $118.44. The stock has a market cap of $53.08 billion, a PE ratio of 29.57, a price-to-earnings-growth ratio of 1.96 and a beta of 0.50. The firm’s 50-day simple moving average is $112.28 and its 200 day simple moving average is $107.63. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.73 and a current ratio of 0.96.

Entergy (NYSE:ETR) last announced its earnings results on Wednesday, April 29th. The utilities provider reported $0.86 EPS for the quarter, beating the consensus estimate of $0.84 by $0.02. Entergy had a net margin of 13.48% and a return on equity of 10.75%. The company had revenue of $3.19 billion during the quarter, compared to the consensus estimate of $2.89 billion. During the same quarter in the prior year, the company posted $0.82 earnings per share. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS.

Institutional Trading of Entergy

Several hedge funds have recently made changes to their positions in the company. Brighton Jones LLC lifted its holdings in Entergy by 275.6% during the fourth quarter. Brighton Jones LLC now owns 9,176 shares of the utilities provider’s stock valued at $696,000 after purchasing an additional 6,733 shares during the last quarter. Woodline Partners LP increased its stake in shares of Entergy by 40.7% in the first quarter. Woodline Partners LP now owns 36,228 shares of the utilities provider’s stock worth $3,097,000 after purchasing an additional 10,476 shares in the last quarter. Marshall Wace LLP bought a new stake in shares of Entergy in the second quarter valued at approximately $6,869,000. Brown Advisory Inc. lifted its stake in shares of Entergy by 4.8% during the 2nd quarter. Brown Advisory Inc. now owns 4,254 shares of the utilities provider’s stock valued at $354,000 after buying an additional 193 shares in the last quarter. Finally, Qube Research & Technologies Ltd purchased a new stake in shares of Entergy during the 2nd quarter valued at approximately $17,225,000. 88.07% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, insider Haley Fisackerly sold 10,638 shares of the company’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $110.00, for a total value of $1,170,180.00. Following the transaction, the insider owned 14,182 shares in the company, valued at approximately $1,560,020. This represents a 42.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.21% of the company’s stock.

Entergy Company Profile

Entergy Corporation (NYSE:ETR) is an integrated energy company headquartered in New Orleans, Louisiana, that generates, transmits and distributes electricity. The company’s operations combine regulated utility services with competitive power production, supplying retail electricity to residential, commercial and industrial customers while also participating in wholesale energy markets. Entergy’s generation fleet includes nuclear, natural gas, hydropower and other resources, and it operates a network of transmission and distribution assets to deliver power to end users.

Entergy conducts its regulated utility business through state-based operating subsidiaries that serve customers across parts of Arkansas, Louisiana, Mississippi and southeast Texas.