KeyCorp Issues Positive Outlook for Entergy Earnings

Posted by Brenda Bartman on Oct 15th, 2026

Entergy Corporation (NYSE:ETR – Free Report) – Stock analysts at KeyCorp raised their Q3 2026 earnings per share estimates for shares of Entergy in a research note issued to investors on Monday, October 12th. KeyCorp analyst S. Karp now forecasts that the utilities provider will post earnings of $1.67 per share for the quarter, up from their prior forecast of $1.63. KeyCorp has an “Overweight” rating and a $118.00 price target 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 Q4 2026 earnings at $0.82 EPS, FY2026 earnings at $4.40 EPS and FY2027 earnings at $5.14 EPS.

Several other research firms have also recently issued reports on ETR. JPMorgan Chase & Co. lowered their price objective on Entergy from $137.00 to $130.00 and set an “overweight” rating on the stock in a research report on Tuesday. Truist Financial set a $119.00 price target on Entergy and gave the stock a “buy” rating in a research note on Monday. BMO Capital Markets upped their price target on Entergy from $123.00 to $124.00 and gave the company an “outperform” rating in a report on Wednesday, July 22nd. Weiss Ratings downgraded Entergy from a “buy (b+)” rating to a “buy (b)” rating in a report on Thursday, August 20th. Finally, Evercore restated an “outperform” rating and set a $128.00 target price on shares of Entergy in a research note on Monday, August 17th. Seventeen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $119.58.

Check Out Our Latest Analysis on ETR

Entergy Stock Down 0.5%

Shares of NYSE:ETR opened at $104.47 on Thursday. Entergy has a 12-month low of $90.87 and a 12-month high of $118.44. The stock has a market capitalization of $48.75 billion, a price-to-earnings ratio of 26.79, a PEG ratio of 2.35 and a beta of 0.46. The stock has a fifty day simple moving average of $104.44 and a two-hundred day simple moving average of $109.75. The company has a current ratio of 0.91, a quick ratio of 0.70 and a debt-to-equity ratio of 1.73.

Entergy (NYSE:ETR – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The utilities provider reported $1.03 EPS for the quarter, topping the consensus estimate of $1.01 by $0.02. The business had revenue of $3.52 billion during the quarter, compared to analyst estimates of $3.49 billion. Entergy had a net margin of 13.40% and a return on equity of 10.53%. During the same period last year, the business posted $1.05 earnings per share. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS.

Entergy Announces Dividend

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

Insider Transactions at Entergy

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

Institutional Investors Weigh In On Entergy

Large investors have recently made changes to their positions in the stock. Pinnacle Wealth Management Advisory Group LLC lifted its holdings in shares of Entergy by 3.6% during the first quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,623 shares of the utilities provider’s stock worth $295,000 after purchasing an additional 90 shares during the period. Whittier Trust Co. of Nevada Inc. boosted its position in Entergy by 9.2% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 1,096 shares of the utilities provider’s stock valued at $126,000 after buying an additional 92 shares during the last quarter. Founders Financial Securities LLC increased its holdings in Entergy by 2.5% in the 1st quarter. Founders Financial Securities LLC now owns 4,094 shares of the utilities provider’s stock worth $481,000 after buying an additional 101 shares during the period. Rehmann Capital Advisory Group increased its holdings in Entergy by 2.8% in the 4th quarter. Rehmann Capital Advisory Group now owns 3,807 shares of the utilities provider’s stock worth $352,000 after buying an additional 102 shares during the period. Finally, Cohen Investment Advisors LLC increased its holdings in Entergy by 1.9% in the 1st quarter. Cohen Investment Advisors LLC now owns 5,664 shares of the utilities provider’s stock worth $636,000 after buying an additional 103 shares during the period. 88.07% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Entergy

Here are the key news stories impacting Entergy this week:

Positive Sentiment: KeyCorp raised its Q3 2026 EPS estimate to $1.67 from $1.63, increased its FY2026 forecast to $4.40 from $4.39, and lifted its FY2027 estimate to $5.14 from $5.12. The firm maintained an “Overweight” rating and an $118 price target, suggesting meaningful upside from current levels.
Positive Sentiment: KeyCorp also modestly increased its longer-term EPS forecasts to $5.77 for FY2028, $6.49 for FY2029 and $7.32 for FY2030, indicating expectations for continued earnings growth. KeyCorp Entergy earnings estimates
Positive Sentiment: JPMorgan retained an “Overweight” rating despite lowering its price target to $130 from $137. The revised target still implies substantial appreciation potential, signaling that the bank remains constructive on Entergy’s longer-term prospects. JPMorgan Entergy price target
Neutral Sentiment: Entergy marked the 25th anniversary of its Environmental Initiatives Fund, highlighting environmental projects and community investment. The announcement reinforces the company’s sustainability profile but is unlikely to materially affect near-term earnings. Entergy Environmental Initiatives Fund anniversary
Negative Sentiment: KeyCorp lowered its Q4 2026 EPS estimate to $0.82 from $0.87, partially offsetting the increases to earlier-quarter and long-term forecasts.
Negative Sentiment: Analysts have reduced valuation targets, with KeyCorp cutting its target to $118 from $123 and JPMorgan lowering its target to $130 from $137. These actions may pressure the stock even though both firms maintain positive ratings. KeyBanc adjusts Entergy price target
Negative Sentiment: Recent analysis indicates that higher interest rates are overshadowing Entergy’s solid utility and data-center fundamentals. Rate-sensitive utility stocks can face valuation pressure as borrowing costs and bond yields rise. Rate headwinds overshadow Entergy fundamentals

Entergy Company Profile

(Get Free Report)

Entergy Corporation is an integrated energy company that provides electric power and related services through regulated utility subsidiaries. Its operations include electricity generation, transmission and distribution, as well as natural gas distribution and other utility services.

Entergy serves customers across Arkansas, Louisiana, Mississippi and Texas, including the city of New Orleans. The company operates a diverse generation portfolio that includes nuclear, natural gas, renewable and other resources, and it supplies electricity to residential, commercial, industrial and governmental customers.

Founded in 1949 as Middle South Utilities, the company adopted the Entergy name in 1994.