Zacks Research Brokers Reduce Earnings Estimates for Evergy

Evergy, Inc. (NASDAQ:EVRG) – Analysts at Zacks Research lowered their Q1 2025 earnings estimates for Evergy in a research note issued on Thursday, March 20th. Zacks Research analyst R. Department now forecasts that the company will post earnings of $0.64 per share for the quarter, down from their previous forecast of $0.65. 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 $2.01 EPS, Q4 2025 earnings at $0.43 EPS, Q1 2026 earnings at $0.66 EPS, Q2 2026 earnings at $0.96 EPS, Q3 2026 earnings at $2.12 EPS, Q4 2026 earnings at $0.51 EPS and FY2027 earnings at $4.50 EPS.

A number of other equities analysts have also recently weighed in on the company. LADENBURG THALM/SH SH raised Evergy to a “strong-buy” rating in a report on Monday, March 17th. UBS Group lifted their price target on shares of Evergy from $66.00 to $68.00 and gave the stock a “neutral” rating in a research note on Friday. Guggenheim upgraded shares of Evergy from a “neutral” rating to a “buy” rating in a report on Thursday, January 23rd. Finally, Barclays increased their target price on shares of Evergy from $62.00 to $72.00 and gave the company an “overweight” rating in a report on Friday, March 7th. One equities research analyst has rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Evergy currently has a consensus rating of “Buy” and an average price target of $68.36.

Evergy Trading Up 0.1 %

Shares of EVRG stock opened at $67.51 on Monday. The business has a 50-day moving average price of $65.86 and a two-hundred day moving average price of $63.15. Evergy has a 12-month low of $49.55 and a 12-month high of $69.93. The company has a quick ratio of 0.32, a current ratio of 0.55 and a debt-to-equity ratio of 1.15. The firm has a market cap of $15.53 billion, a P/E ratio of 18.25, a price-to-earnings-growth ratio of 2.82 and a beta of 0.62.

Evergy (NASDAQ:EVRG) last posted its quarterly earnings data on Thursday, February 27th. The company reported $0.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.11). Evergy had a return on equity of 8.77% and a net margin of 14.77%. The company had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.24 billion.

Evergy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Monday, March 10th were issued a $0.6675 dividend. This represents a $2.67 annualized dividend and a dividend yield of 3.95%. The ex-dividend date was Monday, March 10th. Evergy’s dividend payout ratio is 70.45%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. ExodusPoint Capital Management LP grew its holdings in Evergy by 164.8% in the 4th quarter. ExodusPoint Capital Management LP now owns 2,312,953 shares of the company’s stock worth $142,362,000 after acquiring an additional 1,439,450 shares during the last quarter. FMR LLC boosted its holdings in shares of Evergy by 131.4% during the third quarter. FMR LLC now owns 2,004,414 shares of the company’s stock worth $124,294,000 after purchasing an additional 1,138,138 shares during the period. SG Americas Securities LLC grew its stake in shares of Evergy by 15,406.4% in the fourth quarter. SG Americas Securities LLC now owns 921,546 shares of the company’s stock worth $56,721,000 after purchasing an additional 915,603 shares during the last quarter. Brandes Investment Partners LP purchased a new position in Evergy during the 4th quarter valued at about $55,652,000. Finally, Groupama Asset Managment raised its position in Evergy by 3,216.6% during the 4th quarter. Groupama Asset Managment now owns 880,768 shares of the company’s stock valued at $54,211,000 after purchasing an additional 854,212 shares during the last quarter. 87.24% of the stock is owned by hedge funds and other institutional investors.

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.