Entergy Corporation (ETR) is one of the highest paying dividend stocks on the market. But we feel it is not one of the best dividend paying stocks on the market. We will explain why in this report.
Entergy Corporation (ETR) is an integrated energy company headquartered in New Orleans, Louisiana, and primarily engaged in providing electric power to over 2.8 million users in Arkansas, Louisiana, Mississippi, and Texas.
Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity. Entergy operates in two segments: Utilities and Entergy Wholesale Commodities. It has annual revenues of approximately $11.5 billion and more than 13,000 employees.
ETR is a large energy company whose operating performance has not been bad, but not particularly promising either. We feel its future growth prospects are low, even relative to the utility industry. And it is this feature that compelled us to give it a below average rating for its overall fundamentals.
ETR has an attractive dividend yield, even relative to utility companies. However, we still do not think that this compensates for its other shortcomings. We do not feel that ETR is one of the best dividend stocks we cover.
Stat Sheet – Entergy Corporation 4/15/16
|Market Cap||$ 13,637|
|Growth Prospects||Below Average|
|Price Volatility||Below Average|
(Our assessment of this firm’s fundamentals will be in effect for the rest of calendar year 2016)
We do not bat a thousand. There will be firms that we give a very low rating that end up doing quite well. It is possible that ETR will be one of them. However, on average, our ratings have worked exactly as they were designed.
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