FY2026 Earnings Estimate for Evergy Issued By Zacks Research

Key Points

• Zacks Research slightly raised Evergy’s FY2026 EPS estimate to $4.25 from $4.24, matching the current consensus estimate for the utility.
• Evergy’s most recent quarter beat expectations, with EPS of $0.69 versus $0.63 expected and revenue of $1.44 billion versus $1.27 billion forecast. The company also reaffirmed FY2026 guidance of $4.14 to $4.34 per share.
• Wall Street sentiment remains positive, with eight Buy ratings and three Hold ratings and an average price target of $89.60. Evergy also announced a quarterly dividend of $0.695 per share, implying an annualized yield of about 3.4%.

Evergy Inc. (NASDAQ:EVRG - Free Report) - Zacks Research boosted their FY2026 earnings per share (EPS) estimates for Evergy in a research note issued on Thursday, May 28th. Zacks Research analyst Team now forecasts that the company will post earnings of $4.25 per share for the year, up from their prior estimate of $4.24. The consensus estimate for Evergy's current full-year earnings is $4.25 per share. Zacks Research also issued estimates for Evergy's Q3 2027 earnings at $2.24 EPS, FY2027 earnings at $4.53 EPS, Q1 2028 earnings at $0.77 EPS and FY2028 earnings at $4.91 EPS.

Evergy (NASDAQ:EVRG - Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.06. The business had revenue of $1.44 billion during the quarter, compared to analysts' expectations of $1.27 billion. Evergy had a return on equity of 9.09% and a net margin of 14.63%.The business's quarterly revenue was up 5.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.54 EPS. Evergy has set its FY 2026 guidance at 4.140-4.340 EPS.

Several other research analysts have also recently issued reports on EVRG. Weiss Ratings raised Evergy from a "buy (b-)" rating to a "buy (b)" rating in a research report on Monday, May 11th. BMO Capital Markets lifted their price target on shares of Evergy from $82.00 to $87.00 and gave the stock an "outperform" rating in a research note on Monday, February 23rd. Barclays lifted their price target on shares of Evergy from $82.00 to $89.00 and gave the stock an "overweight" rating in a research note on Monday, March 9th. Wall Street Zen upgraded shares of Evergy from a "sell" rating to a "hold" rating in a research note on Saturday, February 21st. Finally, Citigroup lifted their price target on shares of Evergy from $89.00 to $95.00 and gave the stock a "buy" rating in a research note on Friday, February 20th. Eight investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $89.60.

Evergy Trading Down 1.6%

NASDAQ:EVRG opened at $82.85 on Friday. The stock has a 50-day simple moving average of $82.07 and a 200-day simple moving average of $78.79. The stock has a market cap of $19.10 billion, a P/E ratio of 21.98, a P/E/G ratio of 2.18 and a beta of 0.56. Evergy has a 1 year low of $64.70 and a 1 year high of $85.27. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.24 and a current ratio of 0.45.

Evergy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Friday, May 22nd will be issued a $0.695 dividend. The ex-dividend date is Friday, May 22nd. This represents a $2.78 dividend on an annualized basis and a yield of 3.4%. Evergy's dividend payout ratio (DPR) is presently 73.74%.

Insiders Place Their Bets

In other Evergy news, SVP Charles L. King sold 2,440 shares of the firm's stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $82.19, for a total value of $200,543.60. Following the transaction, the senior vice president owned 18,359 shares in the company, valued at approximately $1,508,926.21. This trade represents a 11.73% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Heather A. Humphrey sold 3,650 shares of the firm's stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $82.61, for a total value of $301,526.50. Following the completion of the transaction, the senior vice president owned 44,007 shares in the company, valued at $3,635,418.27. The trade was a 7.66% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 1.52% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Geode Capital Management LLC raised its holdings in shares of Evergy by 1.7% during the 4th quarter. Geode Capital Management LLC now owns 6,447,150 shares of the company's stock worth $465,684,000 after acquiring an additional 105,842 shares during the period. Franklin Resources Inc. raised its holdings in shares of Evergy by 0.6% during the 4th quarter. Franklin Resources Inc. now owns 6,091,518 shares of the company's stock worth $441,574,000 after acquiring an additional 33,457 shares during the period. Federated Hermes Inc. raised its holdings in shares of Evergy by 1.6% during the 4th quarter. Federated Hermes Inc. now owns 3,760,548 shares of the company's stock worth $272,602,000 after acquiring an additional 57,814 shares during the period. Northern Trust Corp raised its holdings in shares of Evergy by 10.6% during the 3rd quarter. Northern Trust Corp now owns 2,760,494 shares of the company's stock worth $209,853,000 after acquiring an additional 263,619 shares during the period. Finally, Magellan Asset Management Ltd raised its holdings in shares of Evergy by 3.4% during the 3rd quarter. Magellan Asset Management Ltd now owns 2,444,381 shares of the company's stock worth $185,822,000 after acquiring an additional 79,888 shares during the period. Hedge funds and other institutional investors own 87.24% of the company's stock.

About Evergy

Evergy, Inc is a regulated electric utility that generates, transmits and distributes electricity to residential, commercial and industrial customers primarily across Kansas and western Missouri. The company provides core utility services including retail electric delivery, grid operations, customer service and outage restoration, operating under state regulatory frameworks. Evergy serves a mix of urban and rural communities, including portions of the Kansas City metropolitan area and other population centers in its service territory.

The company's business activities span power generation, system planning, transmission and distribution infrastructure, and customer-facing programs such as energy efficiency and demand-side management.

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