Headquartered in Louisiana, Entergy Corporation (ETR) is a leading utility company that focuses on electric power production and retail distribution. With a market cap of $25.1 billion, it operates a regulated generation fleet through its utility subsidiaries in Arkansas, Louisiana, Mississippi, and Texas.
Shares of the prominent utility company have lagged behind the broader market over the past year. While ETR stock has surged 23.9% over this time frame, the S&P 500 Index ($SPX) has rallied by 28.3%. In 2024 alone, the stock rose 17%, compared to SPX’s 17.6% return on a YTD basis.
