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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 $112.70, down 1.33% from the previous day, and has increased 12.23% in one year. It has overperformed other stocks in the Utilities - Regulated Electric industry by 0.13 percentage points. Entergy stock is currently +29.39% from its 52-week low of $87.10, and -1.38% from its 52-week high of $114.28.

There are currently 213.54M ETR shares outstanding. The market value of ETR is $24.07B. In the past 24 hours, 1.63M ETR shares were traded.

How to Buy Entergy Stock

Wondering how to invest in Entergy stock? Here's how.
  1. 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.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your investment account: Select your method of payment and add your information.
  4. 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).
  5. 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.
  6. 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.

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

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Step 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

  1. Click here to get started.
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  2. Enter your personal details to create a new trading account.
  1. Submit your details by hitting the "Create Account" button.
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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.

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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 Price
$112.70
1w %
0.1%
1y %
12.23%
5y %
14.43%
P/E
11.25x
P/B
1.66x
P/S
2.01x
PEG
N/A
Revenue
$11.96B
Earnings
$2.12B
Fore. Rev. Growth
3.87%
Fore. Earn. Growth
-6.16%
Market Cap
$24.07B
Next Earnings
N/A
Next Dividend
Jun 3, 2024

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 11.25x, relative to Utilities - Regulated Electric industry P/E ratio of 17.91x
  • ETR could be undervalued based on its P/B ratio of 1.66x, relative to Utilities - Regulated Electric industry P/B ratio of 1.73x

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 8.2% to 17.7% in the past year.
  • ETR has cash burn of 891457000. It has enough cash and short-term investments to cover this for at least one year.
  • Total ETR debt is lower than 5 years ago, relative to shareholder equity.
  • ETR has $1.29B in cash and short term investments. This is sufficient to cover its annual cash burn of $891.46M.

Failed Financial Due Diligence Checks:

  • 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.
  • ETR has a relatively high debt to equity ratio of 3.26.

Is ETR stock a Buy, Hold, or Sell, according to analysts?

Out of 6 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

Jeremy Tonet, a top 18% analyst from JP Morgan maintains ETR with a strong buy rating and raises their ETR price target from $117.00 to $121.00, on Dec 1, 2023.

You can dive deeper into what analysts are projecting on the Entergy stock forecast page.

ETR Technicals

SMA10
112.53
SMA20
110.29
SMA50
106.57
SMA100
103.74
SMA200
100.3
MACD
2.12
MACD Signal
1.99
MACD Histogram
0.12
RSI
64.15
Stochastic %K
89.05
Stochastic %D
91.41
StochRSI %K
63.85
StochRSI %D
79.11

ETR Performance Metrics

Last year, ETR earnings were $2.12B. During the last 5 year, ETR's earnings have increased by 13.67% per year. This was slower than the Utilities - Regulated Electric industry average of 15.4%.

Last year, ETR revenue was $11.96B. In the last five year, ETR's revenue has increased by 1.88% per year. This was slower than the Utilities - Regulated Electric industry average of 4.05%.

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.

Haley Fisackerly, was the latest ETR insider to sell. They sold $165,345.00 worth of ETR stock on May 8, 2024.

Research more about who owns ETR stock here.

Can I get consistent income from ETR stock?

Entergy pays a dividend of 3.96%, compared to the Utilities - Regulated Electric industry's average dividend yield of 3.68%. If you owned $1,000 worth of ETR stock, you would have received $39.57 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:

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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:

  1. Figure out where to buy Entergy stock
  2. Create a brokerage account
  3. Deposit funds into your investment account
  4. Analyze Entergy stock
  5. Execute your ETR buy order
  6. 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 Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep an eye on your new investment in Entergy, click the button below.

NYSE: ETR
$112.70-1.52 (-1.33%)
Updated May 22, 2024
Open eToro Account
NYSE: ETR
$112.70-1.52 (-1.33%)
Updated May 22, 2024
Open eToro Account

FAQ

How much does it cost to buy one Entergy share?

As of May 22, 2024, it costs $112.70 to buy one share of Entergy stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.089 shares of ETR.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Entergy stock?

According to 6 Wall Street analysts who monitor Entergy, their consensus recommendation is to buy Entergy stock.

What is the best way to buy Entergy stock?

One way to place an order for Entergy stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.