Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Entergy Corp before investing.

In this article, we go over a few key elements for understanding Entergy Corp’s stock price such as:

• Entergy Corp’s current stock price and volume
• Why Entergy Corp’s stock price changed recently
• Upgrades and downgrades for ETR from analysts
• ETR’s stock price momentum as measured by its relative strength

About Entergy Corp (ETR)

Before we jump into Entergy Corp’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Entergy Corporation is an integrated energy company engaged primarily in electric power production and retail distribution operations. The Company operates primarily through a single segment, Utility. The Utility segment includes the generation, transmission, distribution, and sale of electric power in portions of Arkansas, Mississippi, Texas, and Louisiana, including the City of New Orleans; and operation of a small natural gas distribution business in portions of Louisiana. The Utility segment includes five retail electric utility subsidiaries: Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas. These companies generate, transmit, distribute, and sell electric power to retail and wholesale customers in Arkansas, Louisiana, Mississippi, and Texas. The Company owns and operates power plants with approximately 24,000 MW of electric generating capacity. It delivers electricity to approximately three million utility customers.

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Entergy Corp’s Stock Price as of Market Close

As of May 31, 2024, 4:00 PM, CST, Entergy Corp’s stock price was $112.49.

Entergy Corp is up 4.37% from its previous closing price of $107.78.

During the last market session, Entergy Corp’s stock traded between $106.27 and $108.00. Currently, there are 213.14 million shares of Entergy Corp stock available for purchase.

Entergy Corp’s price-earnings (P/E) ratio is currently at 10.8, which is low compared to the Utilities - Electric industry median of 17. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Entergy Corp Stock Price History

Entergy Corp’s (ETR) price is currently up 5.46% so far this month.

During the month of May, Entergy Corp’s stock price has reached a high of $114.28 and a low of $105.04.

Over the last year, Entergy Corp has hit prices as high as $114.28 and as low as $87.10. Year to date, Entergy Corp’s stock is down 0.01%.

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What Caused Entergy Corp Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of May 30, 2024, there was 1 analyst who downgraded Entergy Corp’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Entergy Corp’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Entergy Corp’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Entergy Corp’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Entergy Corp (ETR) by visiting AAII Stock Evaluator.

Relative Price Strength of Entergy Corp

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of May 30, 2024, Entergy Corp has a weighted four-quarter relative price strength of -1.33%, which translates to a Momentum Score of 60 and is considered to be Average.

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Entergy Corp Stock Price: Bottom Line

As of May 31, 2024, Entergy Corp’s stock price is $112.49, which is up 4.37% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Entergy Corp stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.