Entergy says to consider dividends, repurchases Given the company's financial profile with a mix of utility and non-utility businesses, both common stock dividends and share repurchases will be considered in establishing return of capital policies. Over the five year period from 2010 – 2014 under the current long-term business outlook, capital deployment through dividends and share repurchases is projected to total around $4B. Sees utility net income around 6% compound annual net income growth rate over the 2010 – 2014 horizon.
Entergy sees FY16 EPS near lower end of $4.35-$4.75 Guidance for FY16 adjusted Utility, Parent & Other EPS near the lower end of $4.35-$4.75 in slides for Q2 earnings presentation may not compare to consensus of $5.22.
Entergy downgraded to Sell from Neutral at Goldman Goldman downgraded Entergy to Sell due to below consensus estimates due to sower regulated growth at the regulated segment and lower Northeast power prices in the non-regulated business. The firm's price target is $68 on shares.