Entergy Corp Stock Price, News & Analysis

Entergy has been recognized on Fortune magazine's World's Most Admired Companies list for 2025, marking its first-time appearance on this prestigious ranking. The company was particularly acknowledged for its innovation, social responsibility, long-term investment value, and global competitiveness.

The recognition follows several notable achievements, including being named a top utility in economic development for 17 years by Site Selection magazine and receiving The Civic 50 honor for nine consecutive years. Recent performance highlights include:

• Investment of over $70 million in shareholder funds since 2022 for community support
• Securing more than $33 billion in capital investments and creating over 5,100 new direct jobs in 2023
• Commitment of $20 million to support workforce development at HBCUs
• Advancing towards net-zero greenhouse gas emissions by 2050

The rankings were determined through surveys of company executives, directors, and financial analysts, evaluating nine key attributes including innovation, people management, and financial soundness.

Entergy (ETR) has announced its board of directors has declared a quarterly dividend of $0.60 per share on the company's common stock. The dividend will be paid on March 3, 2025, to shareholders of record as of February 10, 2025. The company highlighted its consistent track record of dividend payments, noting it has maintained uninterrupted cash dividend distributions to shareholders since 1988.

Entergy has continued its annual 'Operation Secret Santa' program, which helps customers pay their utility bills during the holiday season. The initiative, launched in 2014, has distributed over $60,000 in utility payment assistance. The program operates through The Power to Care, Entergy's assistance program for low-income families, which has raised over $50 million since 2008 and helped more than 250,000 customers. The program specifically targets seniors and individuals with disabilities facing financial hardships, working in collaboration with local nonprofits, employees, and customer contributions.

Entergy Texas announced a quarterly dividend declaration on its Series A Preferred Stock. The company will pay $0.3359375 per share on January 15, 2025, to shareholders recorded as of January 3, 2025. The dividend announcement was made by the company's board of directors on December 19, 2024.

Entergy sponsored the 129th annual Times-Picayune Doll and Toy Fund gift giveaway in New Orleans, continuing their support since 2016. The event, hosted at Xavier University of Louisiana, involved over 30 Entergy employees distributing toys, school supplies, and snacks to families in need. Co-sponsored by The Times-Picayune, WVUE-TV, and Element, the initiative follows last year's successful distribution of more than 12,000 gifts throughout the metro area. Deanna Rodriguez, president and CEO of Entergy New Orleans, emphasized the event's significance in creating joy for community families, particularly meaningful given current economic challenges from rising living costs and inflation.

Impact 59 Powered by Entergy, the official Super Bowl LIX Legacy Grant Program, has distributed over $3.5 million in grants to 65 nonprofit organizations in the Greater New Orleans region. The initiative, announced 59 days before Super Bowl LIX, is supported by multiple organizations including the NFL Foundation, Entergy, New Orleans Saints, and others.

The grants target organizations working in key areas such as economic development, education, workforce training, youth development, health and wellness, and equity and inclusion. The program covers multiple parishes including Orleans, Jefferson, St. Bernard, and others, aiming to create a lasting legacy beyond the city's record-tying 11th Super Bowl on Feb. 9, 2025.

Entergy employees have raised $868,167 for The Power to Care program in 2024, marking the highest amount raised from special events in nearly 20 years. The program provides emergency bill assistance to vulnerable customers, including older adults and individuals with disabilities.

Various fundraising events were organized across the service area, including golf tournaments, softball games, fishing tournaments, and pickleball competitions. Notable contributions came from regional golf tournaments: Entergy Texas ($245,852), Entergy New Orleans ($150,000), Entergy Mississippi ($127,600), and Entergy Arkansas ($126,868).

Since 2008, The Power to Care has raised over $50 million and assisted more than 250,000 people in need. The program operates through partnerships with local nonprofits, employees, and customer contributions to provide emergency bill payment assistance during financial crises.

Entergy Louisiana announces plans to support Meta's $10 billion data center project in Richland Parish with significant infrastructure investments. The facility, set to be Meta's largest at over 4-million square feet, will be built on the 1,400-acre Franklin Farm mega site.

The infrastructure development includes building three combined-cycle combustion turbines with 2,260 megawatts capacity, two Entergy-owned substations, six customer-owned substations, and nearly 100 miles of transmission lines. The project will create 1,500-1,800 construction jobs for generation units and 3,500-5,000 jobs for transmission investments, plus 44 permanent positions.

Meta will share infrastructure costs and contribute $1 million to Entergy's Power to Care program. The new generators, expected online between 2028-2029, will support 30% hydrogen co-firing initially, with potential for 100% hydrogen transition and carbon capture capabilities.

Meta announced a $10 billion artificial intelligence data center project in Richland Parish, Louisiana, set to be the company's largest worldwide. The 4 million square foot facility, spanning 2,250 acres, will create 500 direct jobs and over 1,000 indirect jobs, with 5,000 construction workers at peak construction through 2030.

The data center will be optimized for Meta's AI workloads, supporting platforms like Facebook, Instagram, and WhatsApp. Meta commits to match 100% of electricity use with clean and renewable energy, working with Entergy to bring 1,500 MW of new renewable energy to the grid. The company will invest over $200 million in local infrastructure improvements and contribute up to $1 million annually to Entergy's low-income ratepayer support program.