FY2026 Earnings Estimate for Evergy Issued By Zacks Research

Evergy, Inc. (NASDAQ:EVRG) – Equities researchers at Zacks Research cut their FY2026 earnings per share (EPS) estimates for Evergy in a research note issued to investors on Monday, February 24th. Zacks Research analyst R. Department now forecasts that the company will earn $4.25 per share for the year, down from their previous forecast of $4.26. The consensus estimate for Evergy’s current full-year earnings is $3.83 per share.

Evergy (NASDAQ:EVRG) last issued its quarterly earnings results 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 firm had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.24 billion.

Other research analysts also recently issued reports about the company. Guggenheim raised Evergy from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. LADENBURG THALM/SH SH raised Evergy from a “neutral” rating to a “buy” rating and boosted their price target for the company from $59.00 to $68.50 in a research note on Thursday, January 2nd. Finally, Barclays cut their price target on Evergy from $65.00 to $62.00 and set an “overweight” rating on the stock in a report on Monday, January 27th. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, Evergy currently has an average rating of “Moderate Buy” and a consensus target price of $65.36.

Evergy Price Performance

EVRG stock opened at $68.91 on Thursday. 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 company’s fifty day simple moving average is $63.85 and its 200 day simple moving average is $62.12. Evergy has a 12-month low of $48.60 and a 12-month high of $69.90. The firm has a market cap of $15.85 billion, a price-to-earnings ratio of 18.62, a PEG ratio of 2.82 and a beta of 0.66.

Evergy Announces Dividend

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

Hedge Funds Weigh In On Evergy

Institutional investors have recently modified their holdings of the company. Lee Danner & Bass Inc. bought a new stake in Evergy during the 4th quarter valued at $26,000. National Pension Service acquired a new position in shares of Evergy during the fourth quarter valued at about $30,000. Bank of Jackson Hole Trust bought a new stake in shares of Evergy during the fourth quarter worth about $31,000. Truvestments Capital LLC acquired a new stake in shares of Evergy in the 3rd quarter worth about $32,000. Finally, Colonial Trust Co SC bought a new position in Evergy in the 4th quarter valued at about $32,000. 87.24% of the stock is 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.