Morgan Stanley Cuts Entergy (NYSE:ETR) Price Target to $98.00

21 Sep 2026, 01:42 by Amy Steele · The Cerbat Gem

Entergy (NYSE:ETR – Free Report) had its price target trimmed by Morgan Stanley from $105.00 to $98.00 in a research report released on Friday,Benzinga reports. The brokerage currently has an equal weight rating on the utilities provider’s stock.

A number of other equities analysts have also weighed in on ETR. Truist Financial set a $122.00 price objective on Entergy and gave the stock a “buy” rating in a research note on Thursday, August 13th. 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, July 22nd. Jefferies Financial Group reissued a “buy” rating on shares of Entergy in a research report on Wednesday, June 10th. Barclays lowered their price target on shares of Entergy from $124.00 to $119.00 and set an “overweight” rating on the stock in a research report on Wednesday, June 3rd. Finally, Wall Street Zen cut shares of Entergy from a “hold” rating to a “sell” rating in a research report on Sunday, August 9th. Seventeen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Entergy currently has an average rating of “Moderate Buy” and an average target price of $120.47.

View Our Latest Research Report on Entergy

Entergy Stock Down 0.0%

ETR stock opened at $101.98 on Friday. The company has a current ratio of 0.91, a quick ratio of 0.70 and a debt-to-equity ratio of 1.73. The firm has a 50-day moving average of $108.35 and a two-hundred day moving average of $110.13. Entergy has a 12 month low of $87.69 and a 12 month high of $118.44. The company has a market cap of $47.59 billion, a price-to-earnings ratio of 26.15, a PEG ratio of 2.28 and a beta of 0.49.

Entergy (NYSE:ETR – Get Free Report) last issued its earnings results on Wednesday, July 29th. The utilities provider reported $1.03 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.02. The business had revenue of $3.52 billion for the quarter, compared to analysts’ expectations of $3.49 billion. Entergy had a return on equity of 10.53% and a net margin of 13.40%.During the same period in the previous year, the firm posted $1.05 EPS. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. As a group, analysts forecast that Entergy will post 4.4 earnings per share for the current fiscal year.

Entergy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Thursday, August 13th were given a $0.64 dividend. The ex-dividend date was Thursday, August 13th. This represents a $2.56 dividend on an annualized basis and a yield of 2.5%. Entergy’s payout ratio is currently 65.64%.

Insider Buying and Selling at Entergy

In other Entergy news, Director Ralph Lewis Ropp acquired 1,000 shares of the business’s stock in a transaction that occurred on Thursday, August 6th. The stock was purchased at an average cost of $106.08 per share, with a total value of $106,080.00. Following the transaction, the director owned 3,423 shares of the company’s stock, valued at $363,111.84. This trade represents a 41.27% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Laura R. Landreaux sold 5,600 shares of the business’s stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $106.20, for a total transaction of $594,720.00. Following the completion of the sale, the insider owned 22,589 shares in the company, valued at approximately $2,398,951.80. This trade represents a 19.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.21% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Tidal Investments LLC lifted its holdings in shares of Entergy by 50.1% in the 2nd quarter. Tidal Investments LLC now owns 355,791 shares of the utilities provider’s stock worth $40,866,000 after acquiring an additional 118,699 shares during the last quarter. Engineers Gate Manager LP boosted its position in shares of Entergy by 854.9% during the 2nd quarter. Engineers Gate Manager LP now owns 75,684 shares of the utilities provider’s stock worth $8,693,000 after purchasing an additional 67,758 shares during the period. Pinnacle Wealth Management Advisory Group LLC increased its holdings in Entergy by 22.2% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,205 shares of the utilities provider’s stock valued at $368,000 after purchasing an additional 582 shares during the last quarter. RFG Advisory LLC increased its holdings in Entergy by 15.3% in the 2nd quarter. RFG Advisory LLC now owns 4,181 shares of the utilities provider’s stock valued at $480,000 after purchasing an additional 555 shares during the last quarter. Finally, NewEdge Advisors LLC raised its position in Entergy by 9.5% in the second quarter. NewEdge Advisors LLC now owns 532,196 shares of the utilities provider’s stock valued at $61,128,000 after purchasing an additional 46,344 shares during the period. Hedge funds and other institutional investors own 88.07% of the company’s stock.

About Entergy

(Get Free Report)

Entergy Corporation is an integrated energy company headquartered in New Orleans, Louisiana. Through its regulated utility subsidiaries, the company generates, transmits, distributes and sells electricity to residential, commercial, industrial and governmental customers. Entergy also operates natural gas distribution businesses in parts of its service territory and provides related energy services.