FY2025 Earnings Forecast for Evergy Issued By Zacks Research

Evergy, Inc. (NASDAQ:EVRG) – Analysts at Zacks Research decreased their FY2025 earnings per share (EPS) estimates for shares of Evergy in a research report issued on Monday, January 6th. Zacks Research analyst R. Department now forecasts that the company will post earnings of $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.

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

Several other brokerages also recently weighed in on EVRG. Wells Fargo & Company increased their price target on Evergy from $65.00 to $69.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 16th. UBS Group raised Evergy to a “hold” rating in a report on Wednesday, September 18th. 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 for the company. LADENBURG THALM/SH SH raised shares of Evergy from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $59.00 to $68.50 in a research note on Thursday, January 2nd. Finally, Mizuho assumed coverage on shares of Evergy in a report on Tuesday, October 29th. They set an “outperform” rating and a $67.00 target price for the company. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $64.06.

Evergy Stock Up 0.6 %

NASDAQ:EVRG opened at $60.91 on Thursday. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.55 and a quick ratio of 0.32. The company’s fifty day moving average price is $62.38 and its 200-day moving average price is $59.81. Evergy has a 1-year low of $48.04 and a 1-year high of $65.47. The firm has a market capitalization of $14.01 billion, a P/E ratio of 16.46, a PEG ratio of 2.75 and a beta of 0.64.

Evergy Increases Dividend

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

Insider Activity

In related news, EVP Kevin E. Bryant sold 48,141 shares of the 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 sale, the executive vice president now owns 1 shares of the company’s stock, valued at approximately $62.93. This trade represents a 100.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.47% of the company’s stock.

Hedge Funds Weigh In On Evergy

Institutional investors and hedge funds have recently bought and sold shares of the company. Pensionfund Sabic grew its holdings in shares of Evergy by 26.3% during the 4th 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 period. Everence Capital Management Inc. purchased a new position in Evergy during the fourth quarter worth about $229,000. GAMMA Investing LLC boosted its stake in Evergy by 14.4% during the fourth quarter. GAMMA Investing LLC now owns 11,794 shares of the company’s stock worth $726,000 after buying an additional 1,481 shares during the period. JPMorgan Chase & Co. increased its position in shares of Evergy by 24.6% during the third quarter. JPMorgan Chase & Co. now owns 1,675,453 shares of the company’s stock valued at $103,895,000 after acquiring an additional 330,464 shares during the last quarter. Finally, Principal Financial Group Inc. raised 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 valued at $17,251,000 after acquiring an additional 18,595 shares during the period. 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.