What is Zacks Research's Estimate for Evergy Q2 Earnings?

Key Points

• Zacks Research has lowered its Q2 2025 earnings estimate for Evergy to $0.81 per share, down from a previous estimate of $0.84.
• Multiple research firms, including UBS Group and Citigroup, have increased their price targets for Evergy, with the average target now at $74.06 and an overall rating of "Moderate Buy".
• Evergy's most recent earnings report showed a miss on consensus estimates, with earnings of $0.82 per share compared to the expected $0.90.

Evergy Inc. (NASDAQ:EVRG - Free Report) - Research analysts at Zacks Research reduced their Q2 2025 EPS estimates for shares of Evergy in a report issued on Tuesday, August 5th. Zacks Research analyst R. Department now forecasts that the company will earn $0.81 per share for the quarter, down from their prior estimate of $0.84. The consensus estimate for Evergy's current full-year earnings is $3.83 per share. Zacks Research also issued estimates for Evergy's Q3 2025 earnings at $2.15 EPS, Q1 2026 earnings at $0.65 EPS, Q2 2026 earnings at $0.89 EPS, Q3 2026 earnings at $2.19 EPS and Q2 2027 earnings at $1.05 EPS.

Several other research firms also recently issued reports on EVRG. UBS Group raised shares of Evergy from a "neutral" rating to a "buy" rating and lifted their price target for the stock from $68.00 to $78.00 in a research note on Monday, April 28th. Mizuho lifted their target price on Evergy from $70.00 to $74.00 and gave the stock an "outperform" rating in a research report on Friday, July 18th. Citigroup boosted their price target on Evergy from $77.00 to $79.00 and gave the stock a "buy" rating in a research note on Friday, May 16th. Jefferies Financial Group set a $78.00 price objective on Evergy and gave the company a "buy" rating in a research note on Tuesday, June 10th. Finally, BMO Capital Markets assumed coverage on Evergy in a report on Tuesday, May 13th. They set an "outperform" rating and a $75.00 price objective on the stock. One analyst has rated the stock with a sell rating, eight have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $74.06.

Evergy Trading Up 0.3%

NASDAQ EVRG opened at $73.25 on Thursday. The stock has a market cap of $16.85 billion, a P/E ratio of 19.28, a PEG ratio of 3.19 and a beta of 0.48. The company's fifty day simple moving average is $68.56 and its 200-day simple moving average is $67.33. The company has a current ratio of 0.55, a quick ratio of 0.29 and a debt-to-equity ratio of 1.24. Evergy has a 52 week low of $57.28 and a 52 week high of $73.66.

Evergy (NASDAQ:EVRG - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The company reported $0.82 earnings per share for the quarter, missing analysts' consensus estimates of $0.90 by ($0.08). Evergy had a return on equity of 8.84% and a net margin of 14.87%.

Institutional Trading of Evergy

Several institutional investors and hedge funds have recently bought and sold shares of the company. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in shares of Evergy by 6.6% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 427,447 shares of the company's stock worth $29,464,000 after acquiring an additional 26,352 shares in the last quarter. Magellan Asset Management Ltd lifted its stake in Evergy by 1,418.7% during the second quarter. Magellan Asset Management Ltd now owns 2,364,493 shares of the company's stock worth $162,985,000 after purchasing an additional 2,208,799 shares during the last quarter. Aviva PLC boosted its holdings in Evergy by 14.3% in the second quarter. Aviva PLC now owns 4,041 shares of the company's stock worth $279,000 after purchasing an additional 507 shares during the period. Prospera Financial Services Inc increased its stake in Evergy by 2.3% during the second quarter. Prospera Financial Services Inc now owns 35,483 shares of the company's stock valued at $2,446,000 after purchasing an additional 794 shares during the last quarter. Finally, AE Wealth Management LLC raised its holdings in shares of Evergy by 8.4% during the second quarter. AE Wealth Management LLC now owns 6,715 shares of the company's stock worth $463,000 after purchasing an additional 522 shares during the period. Institutional investors and hedge funds own 87.24% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.