Zacks Research Has Optimistic View of Evergy FY2025 Earnings

Evergy, Inc. (NASDAQ:EVRG - Free Report) - Research analysts at Zacks Research boosted their FY2025 earnings per share estimates for shares of Evergy in a report released on Tuesday, April 29th. Zacks Research analyst R. Department now expects that the company will earn $4.03 per share for the year, up from their previous forecast of $4.02. The consensus estimate for Evergy's current full-year earnings is $3.83 per share. Zacks Research also issued estimates for Evergy's Q4 2025 earnings at $0.44 EPS.

Evergy (NASDAQ:EVRG - Get Free Report) last released its quarterly earnings data on Thursday, February 27th. The company reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.46 by ($0.11). The company had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.24 billion. Evergy had a net margin of 14.77% and a return on equity of 8.77%.

A number of other research analysts also recently weighed in on EVRG. Barclays upped their price target on Evergy from $72.00 to $73.00 and gave the stock an "overweight" rating in a research note on Tuesday, April 22nd. Guggenheim raised Evergy from a "neutral" rating to a "buy" rating in a report on Thursday, January 23rd. LADENBURG THALM/SH SH upgraded Evergy to a "strong-buy" rating in a research note on Monday, March 17th. Finally, UBS Group upgraded shares of Evergy from a "neutral" rating to a "buy" rating and increased their price objective for the company from $68.00 to $78.00 in a research note on Monday, April 28th. Six research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of $70.92.

Evergy Stock Up 1.2 %

Shares of NASDAQ EVRG traded up $0.82 during trading on Friday, hitting $69.25. 1,598,198 shares of the company traded hands, compared to its average volume of 1,948,421. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.32 and a current ratio of 0.55. The business's fifty day moving average is $67.40 and its 200 day moving average is $64.57. The firm has a market capitalization of $15.93 billion, a price-to-earnings ratio of 18.72, a P/E/G ratio of 2.82 and a beta of 0.53. Evergy has a fifty-two week low of $52.10 and a fifty-two week high of $70.30.

Evergy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Monday, March 10th were given a dividend of $0.6675 per share. The ex-dividend date was Monday, March 10th. This represents a $2.67 annualized dividend and a yield of 3.86%. Evergy's payout ratio is currently 70.45%.

Institutional Investors Weigh In On Evergy

A number of large investors have recently added to or reduced their stakes in EVRG. ExodusPoint Capital Management LP boosted its holdings in shares of Evergy by 164.8% during the fourth quarter. ExodusPoint Capital Management LP now owns 2,312,953 shares of the company's stock worth $142,362,000 after purchasing an additional 1,439,450 shares during the period. GAMMA Investing LLC raised its holdings in shares of Evergy by 8,154.8% during the first quarter. GAMMA Investing LLC now owns 973,574 shares of the company's stock valued at $67,128,000 after acquiring an additional 961,780 shares in the last quarter. SG Americas Securities LLC lifted its stake in Evergy by 15,406.4% in the fourth quarter. SG Americas Securities LLC now owns 921,546 shares of the company's stock worth $56,721,000 after acquiring an additional 915,603 shares during the period. Brandes Investment Partners LP bought a new stake in Evergy in the fourth quarter valued at $55,652,000. Finally, Groupama Asset Managment increased its position in Evergy by 3,216.6% during the 4th quarter. Groupama Asset Managment now owns 880,768 shares of the company's stock valued at $54,211,000 after purchasing an additional 854,212 shares during the period. Institutional investors own 87.24% of the company's stock.

Evergy Company Profile

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.