FY2025 Earnings Estimate for Evergy Issued By Zacks Research

Evergy, Inc. (NASDAQ:EVRG) – Zacks Research dropped their FY2025 EPS estimates for Evergy in a report released on Monday, January 6th. Zacks Research analyst R. Department now forecasts that the company will post earnings of $4.03 per share for the year, down from their previous forecast of $4.04. The consensus estimate for Evergy’s current full-year earnings is $3.84 per share. Zacks Research also issued estimates for Evergy’s Q4 2025 earnings at $0.44 EPS.

A number of other research firms have also weighed in on EVRG. Wells Fargo & Company boosted their target price on Evergy from $65.00 to $69.00 and gave the company an “overweight” rating in a research note on Wednesday, October 16th. UBS Group raised shares of Evergy to a “hold” rating in a research note on Wednesday, September 18th. Mizuho initiated coverage on Evergy in a research note on Tuesday, October 29th. They issued an “outperform” rating and a $67.00 target price on the stock. Barclays lowered their price target on Evergy from $67.00 to $65.00 and set an “overweight” rating for the company in a research report on Monday, October 21st. Finally, Jefferies Financial Group started coverage on Evergy in a research report on Thursday, September 19th. They issued a “buy” rating and a $70.00 price objective on the stock. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat, Evergy has an average rating of “Moderate Buy” and a consensus price target of $64.06.

Evergy Price Performance

NASDAQ:EVRG opened at $59.90 on Thursday. The stock has a fifty day moving average of $62.38 and a 200 day moving average of $59.81. Evergy has a 52-week low of $48.04 and a 52-week high of $65.47. The firm has a market capitalization of $13.78 billion, a price-to-earnings ratio of 16.19, a P/E/G ratio of 2.75 and a beta of 0.64. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.32 and a current ratio of 0.55.

Evergy (NASDAQ:EVRG) last announced its quarterly earnings data on Thursday, November 7th. The company reported $2.02 EPS for the quarter, topping the consensus estimate of $1.95 by $0.07. Evergy had a net margin of 14.77% and a return on equity of 8.77%. The business had revenue of $1.81 billion for the quarter, compared to analyst estimates of $2.35 billion. During the same quarter in the previous year, the firm posted $1.88 earnings per share. The company’s revenue for the quarter was up 8.5% on a year-over-year basis.

Evergy Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 20th. Investors of record on Thursday, November 21st were paid a dividend of $0.6675 per share. This is a boost from Evergy’s previous quarterly dividend of $0.64. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.46%. The ex-dividend date was Thursday, November 21st. Evergy’s dividend payout ratio is 72.16%.

Insider Buying and Selling at Evergy

In related news, EVP Kevin E. Bryant sold 48,141 shares of the company’s stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of $62.93, for a total value of $3,029,513.13. Following the transaction, the executive vice president now directly owns 1 shares of the company’s stock, valued at $62.93. This represents a 100.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.47% of the company’s stock.

Institutional Trading of Evergy

A number of hedge funds have recently added to or reduced their stakes in the company. Sunbelt Securities Inc. grew its stake in shares of Evergy by 2.2% in the third quarter. Sunbelt Securities Inc. now owns 7,778 shares of the company’s stock valued at $482,000 after buying an additional 168 shares in the last quarter. Hexagon Capital Partners LLC boosted its holdings in Evergy by 47.1% during the 3rd quarter. Hexagon Capital Partners LLC now owns 531 shares of the company’s stock valued at $33,000 after acquiring an additional 170 shares during the period. Empirical Finance LLC grew its position in Evergy by 2.3% in the 3rd quarter. Empirical Finance LLC now owns 7,751 shares of the company’s stock valued at $481,000 after acquiring an additional 171 shares in the last quarter. DekaBank Deutsche Girozentrale increased its stake in Evergy by 1.2% during the third quarter. DekaBank Deutsche Girozentrale now owns 18,563 shares of the company’s stock worth $1,138,000 after purchasing an additional 212 shares during the period. Finally, World Investment Advisors LLC lifted its position in shares of Evergy by 3.9% during the third quarter. World Investment Advisors LLC now owns 5,715 shares of the company’s stock worth $354,000 after purchasing an additional 212 shares in the last quarter. 87.24% of the stock is owned by hedge funds and other institutional investors.

About Evergy

Evergy, Inc, together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in the United States. The company generates electricity through coal, landfill gas, uranium, and natural gas and oil sources, as well as solar, wind, other renewable sources. It serves residences, commercial firms, industrials, municipalities, and other electric utilities.