Evergy (NASDAQ:EVRG) Stock Gets Downgrade from Wall Street Zen

Evergy (NASDAQ:EVRG) was downgraded by equities researchers at Wall Street Zen from a “hold” rating to a “sell” rating in a report released on Saturday, Wall Street Zen reports.

Several other analysts also recently issued reports on the company. Citigroup increased their price target on Evergy from $95.00 to $97.00 and gave the company a “buy” rating in a report on Friday, July 24th. Truist Financial assumed coverage on Evergy in a research note on Tuesday, October 27th. They set a “buy” rating and a $97.00 price objective on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Evergy in a research report on Wednesday. HSBC began coverage on Evergy in a research report on Thursday, October 22nd. They issued a “buy” rating and a $92.00 target price for the company. Finally, TD Cowen assumed coverage on Evergy in a research note on Thursday, October 22nd. They issued a “buy” rating and a $95.00 target price for the company. Ten investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $90.00.

Evergy Stock Performance

Shares of NASDAQ:EVRG opened at $87.54 on Friday. The business has a 50-day moving average of $81.79 and a two-hundred day moving average of $82.26. The firm has a market capitalization of $20.18 billion, a PE ratio of 19.45, a P/E/G ratio of 2.18 and a beta of 0.49. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.49 and a quick ratio of 0.31. Evergy has a 12 month low of $71.40 and a 12 month high of $89.66.

Evergy (NASDAQ:EVRG) last released its quarterly earnings data on Thursday, November 5th. The company reported $2.58 earnings per share for the quarter, beating the consensus estimate of $2.33 by $0.25. Evergy had a return on equity of 10.33% and a net margin of 16.67%. The business had revenue of $2.10 billion for the quarter, compared to analyst estimates of $1.93 billion. During the same period in the previous year, the company posted $2.03 EPS. As a group, research analysts forecast that Evergy will post 4.43 earnings per share for the current year.

Insider Buying and Selling at Evergy

In other Evergy news, Director Jonathan Rolph bought 1,640 shares of the company’s stock in a transaction dated Friday, September 11th. The shares were acquired at an average cost of $81.47 per share, with a total value of $133,610.80. Following the completion of the transaction, the director owned 670 shares in the company, valued at $54,584.90. The trade was a -169.07% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.52% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Provenance Wealth Advisors LLC bought a new stake in Evergy in the third quarter valued at $29,000. MidFirst Bank bought a new position in shares of Evergy during the second quarter worth about $30,000. Knuff & Co LLC bought a new position in shares of Evergy during the second quarter worth about $30,000. Burk Holdings LLC bought a new position in shares of Evergy during the second quarter worth about $31,000. Finally, Balance Wealth Partners LLC acquired a new stake in shares of Evergy in the 3rd quarter worth about $31,000. Hedge funds and other institutional investors own 87.24% of the company’s stock.

Key Stories Impacting Evergy

Here are the key news stories impacting Evergy this week:

• Positive Sentiment: Evergy reported Q3 earnings of $2.58 per share, above the $2.33 consensus, while revenue of $2.10 billion also topped estimates. Earnings grew from $2.03 per share a year earlier, with growth attributed to its Kansas Central and Metro businesses. Article: Evergy’s Q3 Earnings and Revenues Beat Estimates, ’26 EPS View Raised
• Positive Sentiment: The company raised its 2026 adjusted EPS outlook to $4.35–$4.50, above the cited FactSet estimate of $4.29. Higher guidance suggests management expects earnings momentum to continue. Article: Evergy Expects 2026 Adjusted EPS Range
• Positive Sentiment: Evergy increased its quarterly dividend 4% to $0.7225 per share, or $2.89 annualized—an indication of confidence in its cash generation and a modest boost to shareholder income.
• Positive Sentiment: Coverage of the earnings call highlighted customer demand and planned investment as growth themes, adding potential support to the company’s longer-term outlook. Article: Evergy Earnings Call Signals Strong Growth and Investment

Evergy Company Profile