Reading the tape
NYSE: ETR
Entergy Corporation
Utilities · Regulated Electric
Market Cap
$53.29B
52w High
$118.45
52w Low
$79.40
P/E
29.44
Volume
1.42M
Outstanding Shares
457.80M
Price vs Fundamentals
Why The Stock Is Moving
Mixed / unclearLow confidence
1Y Price: 37.93%Revenue (TTM): 11.36%FCF (TTM): -57.49%P/E: 83rd pct
What changed
The stock rose 37.93% over the last year. Revenue grew 11.36% over the trailing twelve months. Operating margin moved from 26.09% to 22.57%. Free cash flow declined 57.49% over the trailing twelve months.
What the market seems to be pricing
The stock has moved higher against modestly weakening underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 22.57%. A decisive move in revenue — currently up 11.36% — would be the clearest signal to resolve the ambiguity.
Company profile
Entergy Corporation, together with its subsidiaries, engages in the production and retail distribution of electricity in the United States.
CEOAndrew S. Marsh
SectorUtilities
IndustryRegulated Electric
Employees12,000
IPO dateJun 1, 1972
Valuation
Forward P/E—
EV/EBITDA11.68
Enterprise value$71.75B
Stock splits
Dec 13, 2024↑ Forward
Every 1 shares became 2
Profitability & growth
Revenue growth11.97%
Gross margin43.33%▼38.08%vs FY2024
Operating margin22.57%▲5.69%vs FY2024
ROE10.34%▲49.18%vs FY2024
Analyst consensus
RatingBuy
Target price$116.77▲0.32%
17
Buy
14
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Jul 29, 2026
Q3 FY26 · EPS est $1.07 · Revenue est $3.59B
View
Dividends
$2.52/shareQuarterlyDividend Aristocrat · 27yrAt RiskETR pays a dividend with a 2.16% dividend yield, 27 consecutive years of growth, growing at 5.92% annually, covered -2.6× by free cash flow.
Dividend Yield
2.16%
Annual Div / Share
$2.52
5yr CAGR
+5.92%
Doubles every ~12.0yr
Payout Ratio
62.56%
At Risk
Dividend Growth Rate
3yr CAGR
+6.1%
5yr CAGR
+5.92%
10yr CAGR
+4.08%
Dividend Safety
2/10At Risk
Dividend History
Annualized dividend cycles per share
YearAnnual DivYoY
2026$2.52+6.6%
2025$2.37+6.1%
2024$2.23+5.7%
2023$2.11+6.0%
2022$1.99+5.3%
2021$1.89+2.2%
2020$1.85+2.2%
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$22/yr
$2/mo
In 5 yrs
$29/yr+33%
$2/mo
In 10 yrs
$38/yr+78%
$3/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$22/yr $2/mo | $29/yr+33% $2/mo | $38/yr+78% $3/mo |
Yield-on-cost grows from 2.16% → 3.85% over 10yr
Analysis
Dividend Strengths
Dividend Aristocrat
ETR has raised its dividend for 27 consecutive years — qualifying as a Dividend Aristocrat, demonstrating long-term commitment to shareholder income.
Strong dividend growth rate
The 5-year CAGR of 5.92% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
Dividend exceeds free cash flow
Free cash flow covers only -2.55× the dividend. The company is paying out more than it generates in cash, which is unsustainable without borrowing or asset sales.