Evergy (NASDAQ:EVRG) Issues FY 2025 Earnings Guidance

Evergy (NASDAQ:EVRG) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 3.920-4.120 for the period, compared to the consensus EPS estimate of 4.030. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

EVRG has been the subject of several research analyst reports. Barclays reduced their price objective on Evergy from $65.00 to $62.00 and set an “overweight” rating for the company in a research note on Monday, January 27th. Guggenheim raised shares of Evergy from a “neutral” rating to a “buy” rating in a research report on Thursday, January 23rd. Finally, LADENBURG THALM/SH SH raised shares of Evergy from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $59.00 to $68.50 in a research report on Thursday, January 2nd. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, Evergy has a consensus rating of “Moderate Buy” and an average target price of $65.36.

Evergy Price Performance

NASDAQ EVRG opened at $68.91 on Friday. 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 stock has a market capitalization of $15.85 billion, a PE ratio of 18.62, a price-to-earnings-growth ratio of 2.82 and a beta of 0.66. Evergy has a 12-month low of $48.60 and a 12-month high of $69.90. The company has a 50 day moving average price of $63.85 and a two-hundred day moving average price of $62.12.

Evergy (NASDAQ:EVRG) last released its quarterly earnings data on Thursday, February 27th. The company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.11). The business had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.24 billion. Evergy had a net margin of 14.77% and a return on equity of 8.77%. As a group, equities analysts predict that Evergy will post 3.83 earnings per share for the current fiscal year.

Evergy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Stockholders of record on Monday, March 10th will be issued a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a dividend yield of 3.87%. The ex-dividend date of this dividend is Monday, March 10th. Evergy’s dividend payout ratio is 70.45%.

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.