Evergy (NYSE:EVRG – Get Free Report) released its quarterly earnings data on Thursday. The company reported $0.54 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.61 by ($0.07), RTT News reports. Evergy had a return on equity of 8.47% and a net margin of 13.28%. The company had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.35 billion. During the same quarter in the prior year, the company earned $0.59 earnings per share. Evergy’s revenue for the quarter was up 2.6% compared to the same quarter last year. Evergy updated its FY24 guidance to $3.73-3.93 EPS and its FY 2024 guidance to 3.730-3.930 EPS.
Evergy Trading Down 0.2 %
Shares of NYSE EVRG traded down $0.12 during trading hours on Friday, hitting $55.60. The company’s stock had a trading volume of 480,162 shares, compared to its average volume of 2,497,651. The stock has a market cap of $12.77 billion, a price-to-earnings ratio of 17.48, a P/E/G ratio of 2.82 and a beta of 0.57. Evergy has a 12 month low of $46.92 and a 12 month high of $63.39. The business has a 50-day simple moving average of $52.07 and a 200-day simple moving average of $51.27. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.29 and a current ratio of 0.51.
Evergy Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, June 20th. Investors of record on Monday, May 20th will be issued a dividend of $0.6425 per share. This represents a $2.57 annualized dividend and a yield of 4.62%. Evergy’s dividend payout ratio is presently 80.82%.
Analyst Ratings Changes
Get Our Latest Report on Evergy
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.
Further Reading
- Five stocks we like better than Evergy
- How to Effectively Use the MarketBeat Ratings Screener
- JFrog Stock Gets Punished for Solid Results: Buy the Dip
- Manufacturing Stocks Investing
- Will the Surge in GameStop Stock Spark a New Meme Craze?
- The Top 3 Healthcare Dividend Stocks to Buy and Hold
- 3 Stocks Nancy Pelosi Has Been Buying
Receive News & Ratings for Evergy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Evergy and related companies with MarketBeat.com's FREE daily email newsletter.