NYSE:EVRG

Evergy (EVRG) Stock Price, News & Analysis

$55.64
+0.34 (+0.61%)
(As of 05/15/2024 ET)
Today's Range
$55.58
$56.16
50-Day Range
$49.56
$55.74
52-Week Range
$46.92
$61.84
Volume
1.42 million shs
Average Volume
2.54 million shs
Market Capitalization
$12.79 billion
P/E Ratio
18.01
Dividend Yield
4.62%
Price Target
$57.83

Evergy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
3.9% Upside
$57.83 Price Target
Short Interest
N/A
Dividend Strength
Strong
Based on Four Factors
Sustainability
-3.25
Upright™ Environmental Score
News Sentiment
0.20mentions of Evergy in the last 14 days
Based on 119 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.95%
From $3.84 to $4.03 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.93 out of 5 stars

Utilities Sector

59th out of 90 stocks

Electric & Other Services Combined Industry

13th out of 18 stocks

EVRG stock logo

About Evergy Stock (NYSE:EVRG)

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. The company was incorporated in 2017 and is headquartered in Kansas City, Missouri.

EVRG Stock Price History

EVRG Stock News Headlines

Barclays Raises Evergy (NYSE:EVRG) Price Target to $61.00
UFL 2024: Every touchdown from Week 7
See More Headlines
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Company Calendar

Ex-Dividend for 3/22 Dividend
3/08/2024
Dividend Payable
3/22/2024
Last Earnings
5/09/2024
Today
5/16/2024
Ex-Dividend for 6/20 Dividend
5/17/2024
Dividend Payable
6/20/2024
Next Earnings (Estimated)
8/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Electric & other services combined
Sub-Industry
N/A
Employees
4,658
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$57.83
High Stock Price Target
$64.00
Low Stock Price Target
$51.00
Potential Upside/Downside
+3.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
$731.30 million
Pretax Margin
13.11%

Debt

Sales & Book Value

Annual Sales
$5.51 billion
Cash Flow
$8.68 per share
Book Value
$42.03 per share

Miscellaneous

Free Float
222,433,000
Market Cap
$12.79 billion
Optionable
Optionable
Beta
0.57
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EVRG Stock Analysis - Frequently Asked Questions

Should I buy or sell Evergy stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Evergy in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" EVRG shares.
View EVRG analyst ratings
or view top-rated stocks.

What is Evergy's stock price target for 2024?

7 equities research analysts have issued 12-month price targets for Evergy's stock. Their EVRG share price targets range from $51.00 to $64.00. On average, they expect the company's share price to reach $57.83 in the next year. This suggests a possible upside of 3.9% from the stock's current price.
View analysts price targets for EVRG
or view top-rated stocks among Wall Street analysts.

How have EVRG shares performed in 2024?

Evergy's stock was trading at $52.20 at the start of the year. Since then, EVRG shares have increased by 6.6% and is now trading at $55.64.
View the best growth stocks for 2024 here
.

When is Evergy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, August 2nd 2024.
View our EVRG earnings forecast
.

How were Evergy's earnings last quarter?

Evergy, Inc. (NYSE:EVRG) released its quarterly earnings data on Thursday, May, 9th. The company reported $0.54 earnings per share for the quarter, missing the consensus estimate of $0.61 by $0.07. The business had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.35 billion. Evergy had a trailing twelve-month return on equity of 8.32% and a net margin of 12.84%. The business's revenue was up 2.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.59 EPS.

How often does Evergy pay dividends? What is the dividend yield for Evergy?

Evergy declared a quarterly dividend on Wednesday, May 8th. Shareholders of record on Monday, May 20th will be given a dividend of $0.6425 per share on Thursday, June 20th. This represents a $2.57 annualized dividend and a dividend yield of 4.62%. The ex-dividend date is Friday, May 17th.
Read our dividend analysis for EVRG
.

Is Evergy a good dividend stock?

Evergy (NYSE:EVRG) pays an annual dividend of $2.57 per share and currently has a dividend yield of 4.61%. EVRG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 19 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 83.17%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, EVRG will have a dividend payout ratio of 63.77% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EVRG.

What guidance has Evergy issued on next quarter's earnings?

Evergy issued an update on its FY 2024 earnings guidance on Thursday, May, 9th. The company provided earnings per share (EPS) guidance of 3.730-3.930 for the period, compared to the consensus earnings per share estimate of 3.830. The company issued revenue guidance of -.

What other stocks do shareholders of Evergy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Evergy investors own include Johnson & Johnson (JNJ), Procter & Gamble (PG), AT&T (T), RTX (RTX), Cisco Systems (CSCO), Intel (INTC), Verizon Communications (VZ), CVS Health (CVS), Pfizer (PFE).

Who are Evergy's major shareholders?

Evergy's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (13.51%), Bank of New York Mellon Corp (1.22%), Mitsubishi UFJ Trust & Banking Corp (1.17%), Price T Rowe Associates Inc. MD (0.71%), Gabelli Funds LLC (0.55%) and Energy Income Partners LLC (0.48%). Insiders that own company stock include C John Wilder, Charles L King, David A Campbell, Kevin E Bryant, Kirkland B Andrews, Lesley Lissette Elwell, Mary L Landrieu, Sandra Aj Lawrence and Thomas D Hyde.
View institutional ownership trends
.

How do I buy shares of Evergy?

Shares of EVRG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:EVRG) was last updated on 5/16/2024 by MarketBeat.com Staff

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