Zacks Research Has Strong Estimate for Evergy Q2 Earnings

Evergy, Inc. (NASDAQ:EVRG - Free Report) - Zacks Research lifted their Q2 2025 earnings per share (EPS) estimates for shares of Evergy in a report released on Thursday, May 29th. Zacks Research analyst R. Department now anticipates that the company will post earnings of $0.98 per share for the quarter, up from their prior forecast of $0.95. 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 $2.05 EPS, Q4 2025 earnings at $0.46 EPS, Q2 2026 earnings at $1.03 EPS, Q3 2026 earnings at $2.08 EPS and Q4 2026 earnings at $0.48 EPS.

Evergy (NASDAQ:EVRG - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The company reported $0.54 earnings per share for the quarter, missing analysts' consensus estimates of $0.66 by ($0.12). The business had revenue of $1.37 billion during the quarter, compared to analyst estimates of $1.21 billion. Evergy had a return on equity of 8.77% and a net margin of 14.77%. During the same quarter in the previous year, the company earned $0.54 EPS.

A number of other research firms also recently commented on EVRG. Wall Street Zen downgraded Evergy from a "hold" rating to a "sell" rating in a research report on Thursday, May 22nd. BMO Capital Markets started coverage on shares of Evergy in a research report on Tuesday, May 13th. They set an "outperform" rating and a $75.00 target price on the stock. Citigroup raised their target price on shares of Evergy from $77.00 to $79.00 and gave the stock a "buy" rating in a research report on Friday, May 16th. Barclays decreased their price target on Evergy from $73.00 to $71.00 and set an "overweight" rating for the company in a report on Friday. Finally, UBS Group raised shares of Evergy from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $68.00 to $78.00 in a report on Monday, April 28th. One investment analyst has rated the stock with a sell rating, eight have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $72.19.

Evergy Price Performance

EVRG traded up $0.09 during trading on Monday, hitting $66.50. The company's stock had a trading volume of 1,631,209 shares, compared to its average volume of 1,978,524. The company has a current ratio of 0.55, a quick ratio of 0.32 and a debt-to-equity ratio of 1.15. The business's fifty day simple moving average is $67.13 and its 200 day simple moving average is $65.29. The firm has a market capitalization of $15.30 billion, a price-to-earnings ratio of 17.97, a P/E/G ratio of 2.82 and a beta of 0.53. Evergy has a twelve month low of $52.10 and a twelve month high of $70.36.

Evergy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 20th. Stockholders of record on Friday, May 23rd will be issued a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.02%. The ex-dividend date is Friday, May 23rd. Evergy's payout ratio is currently 70.26%.

Institutional Trading of Evergy

Institutional investors have recently modified their holdings of the company. Bfsg LLC acquired a new position in Evergy during the 1st quarter worth approximately $25,000. Lee Danner & Bass Inc. acquired a new position in Evergy during the 4th quarter worth approximately $26,000. National Pension Service acquired a new position in Evergy during the 4th quarter worth approximately $30,000. Bank of Jackson Hole Trust acquired a new position in shares of Evergy in the 4th quarter valued at approximately $31,000. Finally, Colonial Trust Co SC acquired a new position in shares of Evergy in the 4th quarter valued at approximately $32,000. Hedge funds and other institutional investors 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.