FY2025 Earnings Forecast for Evergy Issued By Zacks Research

Evergy, Inc. (NASDAQ:EVRG) – Investment analysts at Zacks Research lowered their FY2025 earnings per share estimates for shares of Evergy in a research report issued on Monday, January 6th. Zacks Research analyst R. Department now expects that the company will earn $4.03 per share for the year, down from their previous estimate of $4.04. The consensus estimate for Evergy’s current full-year earnings is $3.84 per share. Zacks Research also issued estimates for Evergy’s Q4 2025 earnings at $0.44 EPS.

A number of other research firms have also weighed in on EVRG. Wells Fargo & Company upped their price objective on Evergy from $65.00 to $69.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 16th. Jefferies Financial Group began coverage on Evergy in a report on Thursday, September 19th. They issued a “buy” rating and a $70.00 target price on the stock. UBS Group raised Evergy to a “hold” rating in a report on Wednesday, September 18th. LADENBURG THALM/SH SH upgraded Evergy from a “neutral” rating to a “buy” rating and increased their price objective for the company from $59.00 to $68.50 in a report on Thursday, January 2nd. Finally, Mizuho assumed coverage on Evergy in a research note on Tuesday, October 29th. They set an “outperform” rating and a $67.00 target price for the company. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, Evergy presently has a consensus rating of “Moderate Buy” and a consensus target price of $64.06.

Evergy Price Performance

Evergy stock opened at $60.91 on Thursday. The company has a quick ratio of 0.32, a current ratio of 0.55 and a debt-to-equity ratio of 1.15. Evergy has a 52-week low of $48.04 and a 52-week high of $65.47. The firm has a market cap of $14.01 billion, a PE ratio of 16.46, a price-to-earnings-growth ratio of 2.75 and a beta of 0.64. The company’s 50 day moving average is $62.38 and its two-hundred day moving average is $59.81.

Evergy (NASDAQ:EVRG) last issued its quarterly earnings results on Thursday, November 7th. The company reported $2.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.95 by $0.07. The business had revenue of $1.81 billion for the quarter, compared to analysts’ expectations of $2.35 billion. Evergy had a net margin of 14.77% and a return on equity of 8.77%. The business’s quarterly revenue was up 8.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.88 earnings per share.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of EVRG. Pensionfund Sabic raised its stake in shares of Evergy by 26.3% during the fourth quarter. Pensionfund Sabic now owns 24,000 shares of the company’s stock worth $1,477,000 after purchasing an additional 5,000 shares during the last quarter. Everence Capital Management Inc. acquired a new position in Evergy in the 4th quarter valued at $229,000. GAMMA Investing LLC increased its stake in Evergy by 14.4% in the 4th quarter. GAMMA Investing LLC now owns 11,794 shares of the company’s stock valued at $726,000 after buying an additional 1,481 shares during the period. JPMorgan Chase & Co. raised its position in Evergy by 24.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,675,453 shares of the company’s stock worth $103,895,000 after buying an additional 330,464 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its stake in shares of Evergy by 7.2% in the 3rd quarter. Principal Financial Group Inc. now owns 278,197 shares of the company’s stock worth $17,251,000 after acquiring an additional 18,595 shares during the period. 87.24% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, EVP Kevin E. Bryant sold 48,141 shares of the business’s stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $62.93, for a total value of $3,029,513.13. Following the transaction, the executive vice president now owns 1 shares in the company, valued at $62.93. The trade was a 100.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.47% of the stock is currently owned by corporate insiders.

Evergy Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Thursday, November 21st were given a dividend of $0.6675 per share. This is a positive change from Evergy’s previous quarterly dividend of $0.64. The ex-dividend date was Thursday, November 21st. This represents a $2.67 annualized dividend and a yield of 4.38%. Evergy’s payout ratio is 72.16%.

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.