FY2025 Earnings Forecast for Evergy Issued By Zacks Research

Evergy, Inc. (NASDAQ:EVRG) – Investment analysts at Zacks Research decreased their FY2025 earnings per share estimates for Evergy in a report issued on Monday, January 6th. Zacks Research analyst R. Department now forecasts 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.

EVRG has been the topic of several other research reports. Barclays decreased their price target on Evergy from $67.00 to $65.00 and set an “overweight” rating on the stock in a report on Monday, October 21st. UBS Group upgraded 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 raised their price target for the company from $59.00 to $68.50 in a report on Thursday, January 2nd. Mizuho began coverage on Evergy in a report on Tuesday, October 29th. They issued an “outperform” rating and a $67.00 price target on the stock. Finally, Jefferies Financial Group began coverage on Evergy in a report on Thursday, September 19th. They issued a “buy” rating and a $70.00 price target on the stock. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $64.06.

Evergy Price Performance

Shares of EVRG stock opened at $60.91 on Thursday. The stock’s fifty day moving average is $62.37 and its 200-day moving average is $59.80. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.32 and a current ratio of 0.55. The stock has a market capitalization of $14.01 billion, a PE ratio of 16.46, a PEG ratio of 2.75 and a beta of 0.64. Evergy has a 52 week low of $48.04 and a 52 week high of $65.47.

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

Evergy Increases Dividend

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

Insider Transactions at Evergy

In related news, EVP Kevin E. Bryant sold 48,141 shares of the business’s stock in a transaction that occurred on 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 completion of the transaction, the executive vice president now directly owns 1 shares in the company, valued at approximately $62.93. The trade was a 100.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.47% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Evergy

Several institutional investors and hedge funds have recently modified their holdings of EVRG. Fairscale Capital LLC acquired a new position in shares of Evergy in the 2nd quarter valued at approximately $27,000. Truvestments Capital LLC acquired a new position in shares of Evergy in the 3rd quarter valued at approximately $32,000. Hexagon Capital Partners LLC lifted its stake in Evergy by 47.1% in the 3rd quarter. Hexagon Capital Partners LLC now owns 531 shares of the company’s stock valued at $33,000 after acquiring an additional 170 shares in the last quarter. Benjamin Edwards Inc. lifted its stake in Evergy by 47.8% in the 2nd quarter. Benjamin Edwards Inc. now owns 856 shares of the company’s stock valued at $45,000 after acquiring an additional 277 shares in the last quarter. Finally, Sentry Investment Management LLC bought a new stake in Evergy in the 3rd quarter valued at approximately $51,000. 87.24% of the stock is currently owned by institutional investors and hedge funds.

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.