Scotiabank has upgraded Entergy Corp (ETR) from Sector Perform to Sector Outperform, signaling a more optimistic outlook for the utility company. This change, effective October 2, 2025, may reflect improved fundamentals or enhanced confidence in Entergy's strategic direction.
Headquartered in New Orleans, Louisiana, Entergy Corp provides electric and natural gas services and operates primarily through its Utility segment. This segment includes five retail electric utility subsidiaries, serving approximately three million customers across Arkansas, Louisiana, Mississippi, and Texas. With a market cap of $42.0 billion, Entergy boasts a P/E ratio of 23.07 and an EPS of 4.08. Notably, the company offers a dividend yield of 272.3%.
Looking ahead, Entergy is set to report its upcoming earnings on July 28, 2026, with an estimated EPS of $1.12 and a revenue estimate of $3.5 billion. Recent performance has shown positive surprises, including a Q3 2025 EPS of $1.53, surpassing estimates by 4.8%.
Analyst ratings, like this upgrade, provide valuable insights into market expectations. However, they should be considered alongside various factors, including company fundamentals and industry trends. As always, different analysts may have varying opinions on the same company, and ratings can change as new information becomes available.