How to Buy Entergy Stock
Entergy Corp
Entergy is a regulated electric utility company located in Louisiana, United States, which is part of the Utilities sector, and is traded under the ticker ETR on the NYSE exchange.
Entergy stock last closed at $106.77, up 2.91% from the previous day, and has decreased 2.4% in one year. It has overperformed other stocks in the Utilities - Regulated Electric industry by 0.09 percentage points. Entergy stock is currently +22.58% from its 52-week low of $87.10, and -2.67% from its 52-week high of $109.70.
There are currently 213.24M ETR shares outstanding. The market value of ETR is $22.77B. In the past 24 hours, 2.12M ETR shares were traded.
How to Buy Entergy Stock
Wondering how to invest in Entergy stock? Here's how.
- Figure out where to buy Entergy stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you decide where to buy Entergy stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Select your method of payment and add your information.
- Analyze Entergy stock: The Entergy ticker symbol is ETR. Is Entergy stock a good investment? Should you buy shares of ETR? How do ETR's underlying business fundamentals look? Do top analysts think Entergy is a good buy? Why has ETR's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if ETR is a good stock to buy).
- Execute your ETR buy order: Decide if you will purchase ETR shares at the current market price or use a limit order to purchase ETR shares at a particular price.
- Keep an eye on your ETR investment: Create a watchlist to track your investment in Entergy shares.
Step 1: Figure out where to buy Entergy stock
You need an online brokerage account in order to access the NYSE market and buy ETR stock.
Our preferred brokerage: eToro
Based on our research, eToro is the best online stock brokerage. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
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- Social investing: eToro has a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by creating an account with eToro today.
Open eToro AccountStep 2: Create a brokerage account
Now that you've selected the best brokerage, the next step is to fill out some personal information so you are able to buy ETR today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to create a new trading account.
- Submit your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have opened your account on a mobile trading app, you can securely and quickly fund your account:
Check out the walkthrough below for more details depositing funds into your new brokerage account.
Step 4: Analyze Entergy stock
After you have chosen the best place to buy Entergy stock, it's critical to evaluate their stock before you invest, so you truly comprehend the risk and opportunity.
Entergy Numbers
ETR Due Diligence Checks
WallStreetZen was built to help average investors perform better fundamental analysis in less time.
You can view all of the due diligence checks on ETR's stock page.
What is the fair value of ETR stock?
Investors use many financial metrics, analyses, models, and charts to gauge ETR's intrinsic value.
Using relative valuations methods:
- ETR could be undervalued based on its P/E ratio of 9.58x, relative to Utilities - Regulated Electric industry P/E ratio of 16.37x
- ETR could be undervalued based on its P/B ratio of 1.56x, relative to Utilities - Regulated Electric industry P/B ratio of 1.62x
You can do additional valuation analysis on ETR's stock here.
ETR Financial Health Summary
Passed Financial Due Diligence Checks:
- ETR profit margin has gone up from 8% to 19.4% in the past year.
- ETR has $132.55M in cash and short term investments. This is enough to cover its annual cash burn of $452.39M.
- Total ETR debt is lower than 5 years ago, relative to shareholder equity.
Failed Financial Due Diligence Checks:
- ETR has cash burn of 452391000. It does not have sufficient cash and short-term investments to cover this.
- ETR has a relatively high debt to equity ratio of 3.08.
- There are more long-term liabilities than short-term assets on the ETR balance sheet.
- There are more short-term liabilities than short-term assets on the ETR balance sheet.
Is ETR stock a Buy, Hold, or Sell, according to analysts?
Out of 9 sell side analysts who research ETR, the consensus analyst rating on ETR is a Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they investment advice.
Most Recent ETR Analyst Ratings
Stephen Byrd, a top 6% analyst from Morgan Stanley maintains ETR with a strong sell rating and raises their ETR price target from $92.00 to $94.00, on Nov 21, 2023.
Paul Zimbardo, a bottom 44% analyst from Bank of America upgrades ETR to a strong buy rating and raises their ETR price target from $94.00 to $110.00, on Nov 21, 2023.
Daniel Ford, a top 14% analyst from UBS upgrades ETR to a strong buy rating and raises their ETR price target from $103.00 to $118.00, on Nov 6, 2023.
Shahriar Pourreza, a top 32% analyst from Guggenheim maintains ETR with a strong buy rating and raises their ETR price target from $99.00 to $103.00, on Nov 3, 2023.
You can dive deeper into what analysts are projecting on the Entergy stock forecast page.
ETR Technicals
ETR Performance Metrics
Last year, ETR earnings were $2.36B. During the last 5 year, ETR's earnings have increased by 18.94% per year. This was faster than the Utilities - Regulated Electric industry average of 2.63%.
Last year, ETR revenue was $12.15B. In the last five year, ETR's revenue has increased by 1.99% per year. This was slower than the Utilities - Regulated Electric industry average of 4.03%.
Find out more about ETR's earnings and revenue performance here.
Who is buying/selling ETR?
Over the last 12 months, insiders at ETR have sold more shares than they have bought.
Marcus V. Brown, EVP General Counsel of ETR, was the latest ETR insider to sell. They sold $874,140.00 worth of ETR stock on Mar 15, 2024.
Research more about who owns ETR stock here.
Can I get consistent income from ETR stock?
Entergy pays a dividend of 4.12%, compared to the Utilities - Regulated Electric industry's average dividend yield of 3.98%. If you owned $1,000 worth of ETR stock, you would have received $41.21 last year.
Entergy dividend payments have consistently grown over the past decade and have remained stable.
Find more info about Entergy dividend yield and history here.
What others are saying about ETR
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Execute your ETR buy order
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually the easiest way to buy. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a given price limit, place a limit order.
Hit the Open Trade button and your broker will execute the order.
If you require more info about investing in stocks on eToro, watch the how to video below:
Step 6: Keep an eye on your ETR investment
Now that you own some ETR shares, you'll want to stay up-to-date on your stock purchase.
Add ETR to a watchlist to keep tabs on your ETR stock.
ETR Feed
How to Buy Stock in Entergy
To summarize, here are the 6 steps you need to take to buy Entergy stock right now:
- Figure out where to buy Entergy stock
- Create a brokerage account
- Deposit funds into your investment account
- Analyze Entergy stock
- Execute your ETR buy order
- Keep an eye on your ETR investment
If you are looking for a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep an eye on your new investment in Entergy, click the button below.
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