Zacks Research Has Pessimistic Outlook of Evergy Q2 Earnings

Key Points

• Zacks Research has lowered its Q2 2025 earnings per share estimate for Evergy from $0.92 to $0.84, indicating concerns about the company's future performance.
• Evergy's recent quarterly earnings fell short of expectations, reporting $0.54 per share instead of the anticipated $0.66, despite achieving revenue of $1.37 billion.
• The stock is rated as a "Moderate Buy" with an average target price of $74.06 based on recent analyst assessments, highlighting mixed sentiment among investors.

Evergy Inc. (NASDAQ:EVRG - Free Report) - Investment analysts at Zacks Research dropped their Q2 2025 earnings per share (EPS) estimates for Evergy in a research note issued to investors on Thursday, July 24th. Zacks Research analyst R. Department now forecasts that the company will post earnings per share of $0.84 for the quarter, down from their prior estimate of $0.92. 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 $2.11 EPS, FY2025 earnings at $4.00 EPS, Q2 2026 earnings at $0.92 EPS, Q3 2026 earnings at $2.14 EPS, Q4 2026 earnings at $0.52 EPS and Q1 2027 earnings at $0.72 EPS.

Evergy (NASDAQ:EVRG - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The company reported $0.54 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.66 by ($0.12). Evergy had a net margin of 14.87% and a return on equity of 8.84%. The business had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.21 billion. During the same period in the prior year, the firm earned $0.54 earnings per share.

Other analysts have also issued reports about the company. Wall Street Zen lowered Evergy from a "hold" rating to a "sell" rating in a research report on Thursday, May 22nd. Barclays decreased their target price on Evergy from $73.00 to $71.00 and set an "overweight" rating for the company in a research report on Friday, May 30th. Citigroup boosted their target price on Evergy from $77.00 to $79.00 and gave the stock a "buy" rating in a research report on Friday, May 16th. Jefferies Financial Group set a $78.00 target price on Evergy and gave the stock a "buy" rating in a research report on Tuesday, June 10th. Finally, Mizuho boosted 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. One equities research 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 stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $74.06.

Evergy Price Performance

Shares of Evergy stock traded up $0.19 during trading on Monday, reaching $70.35. The company's stock had a trading volume of 215,542 shares, compared to its average volume of 2,309,977. The stock has a 50-day moving average price of $67.92 and a two-hundred day moving average price of $66.97. The company has a current ratio of 0.55, a quick ratio of 0.29 and a debt-to-equity ratio of 1.24. The stock has a market capitalization of $16.19 billion, a P/E ratio of 18.54, a price-to-earnings-growth ratio of 3.05 and a beta of 0.50. Evergy has a one year low of $57.25 and a one year high of $70.75.

Evergy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 20th. Stockholders of record on Friday, May 23rd were paid a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a dividend yield of 3.80%. The ex-dividend date of this dividend was Friday, May 23rd. Evergy's dividend payout ratio is currently 70.26%.

Institutional Investors Weigh In On Evergy

Large investors have recently added to or reduced their stakes in the business. Bfsg LLC acquired a new stake in Evergy in the first quarter valued at about $25,000. Colonial Trust Co SC acquired a new stake in Evergy in the fourth quarter valued at about $32,000. Alpine Bank Wealth Management acquired a new stake in Evergy in the first quarter valued at about $32,000. Olde Wealth Management LLC acquired a new stake in Evergy in the first quarter valued at about $32,000. Finally, LRI Investments LLC acquired a new stake in Evergy in the first quarter valued at about $32,000. 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.