Zacks Research Has Negative View of Evergy FY2026 Earnings

Evergy, Inc. (NASDAQ:EVRG) – Equities research analysts at Zacks Research cut their FY2026 earnings estimates for shares of Evergy in a note issued to investors on Monday, February 24th. Zacks Research analyst R. Department now expects 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 data 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). The firm had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.24 billion. Evergy had a return on equity of 8.77% and a net margin of 14.77%.

Several other research firms have also recently weighed in on EVRG. Barclays cut their price objective on Evergy from $65.00 to $62.00 and set an “overweight” rating on the stock in a research report on Monday, January 27th. Guggenheim raised shares of Evergy from a “neutral” rating to a “buy” rating in a report on Thursday, January 23rd. Finally, LADENBURG THALM/SH SH upgraded 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 report on Thursday, January 2nd. One analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, Evergy currently has a consensus rating of “Moderate Buy” and a consensus target price of $65.36.

Evergy Stock 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 firm has a market cap of $15.85 billion, a PE ratio of 18.62, a P/E/G ratio of 2.82 and a beta of 0.66. The business has a 50 day moving average of $63.85 and a 200-day moving average of $62.12. Evergy has a 12-month low of $48.60 and a 12-month high of $69.90.

Evergy Dividend Announcement

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

Institutional Investors Weigh In On Evergy

Institutional investors have recently added to or reduced their stakes in the business. Miller Howard Investments Inc. NY raised its position in shares of Evergy by 1.4% in the fourth quarter. Miller Howard Investments Inc. NY now owns 11,741 shares of the company’s stock valued at $723,000 after purchasing an additional 162 shares during the period. Quent Capital LLC raised its holdings in Evergy by 4.6% during the 4th quarter. Quent Capital LLC now owns 3,692 shares of the company’s stock valued at $227,000 after acquiring an additional 163 shares during the period. Sunbelt Securities Inc. lifted its position in shares of Evergy by 2.2% during the third quarter. Sunbelt Securities Inc. now owns 7,778 shares of the company’s stock worth $482,000 after acquiring an additional 168 shares in the last quarter. Empirical Finance LLC lifted its position in shares of Evergy by 2.3% during the third quarter. Empirical Finance LLC now owns 7,751 shares of the company’s stock worth $481,000 after acquiring an additional 171 shares in the last quarter. Finally, Mather Group LLC. boosted its holdings in shares of Evergy by 5.7% in the fourth quarter. Mather Group LLC. now owns 3,231 shares of the company’s stock worth $199,000 after acquiring an additional 173 shares during the period. 87.24% of the stock is owned by hedge funds and other institutional investors.

Evergy Company Profile

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.