How to Buy Entergy Stock
Entergy Corp
Entergy is a diversified 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 $99.44, up 2.12% from the previous day, and has decreased 17.42% in one year. It has underperformed other stocks in the Utilities - Diversified industry by 0.02 percentage points. Entergy stock is currently +4.74% from its 52-week low of $94.94, and -18.8% from its 52-week high of $122.46.
There are currently 211.45M ETR shares outstanding. The market value of ETR is $21.03B. In the past 24 hours, 1.91M 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:
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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.
- Enter your personal details to create a new trading account.
- Submit your details by hitting the "Create Account" button.
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 18.01x, relative to Utilities - Diversified industry P/E ratio of 46.9x
- ETR could be undervalued based on its P/B ratio of 1.61x, relative to Utilities - Diversified industry P/B ratio of 1.83x
- ETR may be overvalued based on its PEG ratio of 1.52x
You can access additional valuation analysis on ETR's stock here.
A quick look at ETR Financials
Passed Financial Due Diligence Checks:
- Total ETR debt is lower than 5 years ago, relative to shareholder equity.
Failed Financial Due Diligence Checks:
- ETR has cash burn of 2069427000. It does not have enough cash and short-term investments to cover this.
- ETR has $1.97B in cash and short term investments. This is not sufficient to cover its annual cash burn of $2.07B.
- There are more long-term liabilities than short-term assets on the ETR balance sheet.
- ETR has a relatively high debt to equity ratio of 3.53.
- ETR profit margin has gone down from 9% to 8.2% in the past year.
- There are more short-term liabilities than short-term assets on the ETR balance sheet.
Do analysts think it's a good time to buy ETR stock
Out of 7 sell side analysts who monitor ETR, the consensus analyst rating on Entergy is a Buy
Please note that analyst forecasts are not stock recommendations, nor are they financial advice.
Latest ETR Analyst Upgrades/Downgrades
Durgesh Chopra, a top 35% analyst from Evercore ISI Group downgrades ETR to a hold rating and lowers their ETR price target from $112.00 to $96.00, on Jun 1, 2023.
Stephen Byrd, a top 10% analyst from Morgan Stanley maintains ETR with a strong sell rating and lowers their ETR price target from $106.00 to $103.00, on May 22, 2023.
Paul Zimbardo, an analyst from Bank of America maintains ETR with a hold rating and lowers their ETR price target from $119.00 to $107.00, on May 22, 2023.
Shahriar Pourreza, a bottom 16% analyst from Guggenheim maintains ETR with a strong buy rating and lowers their ETR price target from $128.00 to $124.00, on Apr 24, 2023.
Jeremy Tonet, a top 28% analyst from JP Morgan maintains ETR with a strong buy rating and raises their ETR price target from $127.00 to $134.00, on Apr 18, 2023.
You can dig deeper into what analysts are projecting on the Entergy stock forecast page.
ETR Trading Indicators
ETR Growth Metrics
Last year, ETR earnings were $1.14B. Over the past five year, ETR's earnings have grown by 16.61% per year. This was faster than the Utilities - Diversified industry average of 8.62%.
Last year, ETR revenue was $13.87B. During the last five year, ETR's revenue has gone up by 4.35% per year. This was slower than the Utilities - Diversified industry average of 5.42%.
You can analyze ETR's earnings and revenue performance here.
Latest Insiders Trades at ETR
Over the past 12 months, insiders at ETR have sold more shares than they have bought.
Eliecer Viamontes, was the latest ETR insider to buy. They bought $175,671.40 worth of ETR shares on May 24, 2023.
Research more about who owns ETR shares here.
Does ETR stock generate passive income?
Entergy pays a dividend of 5.32%, compared to the Utilities - Diversified industry's average dividend yield of 4.21%. If you owned $1,000 of ETR stock, you would have received $53.20 in the past year.
Entergy dividend payments have consistently grown over the past decade and have remained stable.
Get more data about Entergy dividend yield and history here.
ETR Social Trading Data
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your ETR buy order
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly sufficient. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount limit, use a limit order.
Click the Open Trade button and your broker will place your order.
If you need additional help with investing in stocks on eToro, click the helpful video below:
Step 6: Keep an eye on your ETR investment
Now that you own some shares in ETR, you'll want to keep up with your new company.
Create a watchlist to get notified of the latest news about your ETR stock.
ETR Feed
How to Buy Stock in Entergy
To reiterate, here are the 6 steps for buying Entergy stock:
- 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 require a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to track your new investment in Entergy, click the button below.
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