Jefferies has initiated coverage on Entergy Corp (ETR) with a Buy rating, marking the firm's first assessment of the utility provider's investment potential. This new rating comes as Entergy operates primarily in the utilities sector, providing electric and natural gas services across Arkansas, Louisiana, Mississippi, and Texas. The company, headquartered in New Orleans, employs over 12,000 individuals and boasts a market capitalization of $42.0 billion.
As of now, Entergy's stock is priced at $93.03, with a trailing P/E ratio of 23.07 and an EPS of 4.08. The firm generates approximately 25,000 MW of electric power capacity and serves around three million utility customers. Notably, the upcoming earnings report is scheduled for July 28, 2026, with an estimated EPS of $1.12 and revenue of $3.5 billion.
Analysts maintain a consensus rating of Buy for Entergy, with 5 Strong Buy, 11 Buy, and 8 Hold ratings among 24 total ratings. Recent actions from analysts include Jefferies' initiation on September 3, 2025, and consistent maintenance of ratings from other firms, reflecting a generally positive outlook on the company’s performance and growth prospects.
While analyst ratings provide valuable insights, they are based on research and financial models that include various assumptions. Investors should consider a range of factors, including company fundamentals and industry trends, when evaluating investment opportunities. Analyst opinions may evolve as new information emerges, emphasizing the importance of a comprehensive approach to investment decisions.