Q1 Earnings Forecast for Evergy Issued By Zacks Research

Evergy, Inc. (NASDAQ:EVRG) – Equities research analysts at Zacks Research lowered their Q1 2025 earnings per share (EPS) estimates for shares of Evergy in a report released on Thursday, March 20th. Zacks Research analyst R. Department now expects that the company will post earnings of $0.64 per share for the quarter, down from their prior forecast of $0.65. The consensus estimate for Evergy’s current full-year earnings is $3.83 per share. Zacks Research also issued estimates for Evergy’s Q3 2025 earnings at $2.01 EPS, Q4 2025 earnings at $0.43 EPS, Q1 2026 earnings at $0.66 EPS, Q2 2026 earnings at $0.96 EPS, Q3 2026 earnings at $2.12 EPS, Q4 2026 earnings at $0.51 EPS and FY2027 earnings at $4.50 EPS.

Evergy (NASDAQ:EVRG) last posted 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 company had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $1.24 billion. Evergy had a return on equity of 8.77% and a net margin of 14.77%.

Other analysts also recently issued reports about the company. Barclays raised their target price on Evergy from $62.00 to $72.00 and gave the stock an “overweight” rating in a research report on Friday, March 7th. UBS Group lifted their price objective on Evergy from $66.00 to $68.00 and gave the stock a “neutral” rating in a report on Friday. LADENBURG THALM/SH SH raised shares of Evergy to a “strong-buy” rating in a report on Monday, March 17th. Finally, Guggenheim upgraded shares of Evergy from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. One research analyst has rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $68.36.

Evergy Trading Up 0.1 %

NASDAQ:EVRG opened at $67.51 on Monday. Evergy has a 12 month low of $49.55 and a 12 month high of $69.93. The company has a current ratio of 0.55, a quick ratio of 0.32 and a debt-to-equity ratio of 1.15. The firm’s 50 day moving average is $65.86 and its 200 day moving average is $63.15. The stock has a market capitalization of $15.53 billion, a PE ratio of 18.25, a price-to-earnings-growth ratio of 2.82 and a beta of 0.62.

Evergy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Monday, March 10th were given a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a dividend yield of 3.95%. The ex-dividend date of this dividend was Monday, March 10th. Evergy’s dividend payout ratio is presently 70.45%.

Institutional Investors Weigh In On Evergy

A number of institutional investors and hedge funds have recently modified their holdings of EVRG. Miller Howard Investments Inc. NY increased its holdings in Evergy by 1.4% during the 4th quarter. Miller Howard Investments Inc. NY now owns 11,741 shares of the company’s stock worth $723,000 after acquiring an additional 162 shares during the period. Quent Capital LLC grew its position in shares of 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 purchasing an additional 163 shares in the last quarter. Sunbelt Securities Inc. increased its holdings in shares of Evergy by 2.2% in the third quarter. Sunbelt Securities Inc. now owns 7,778 shares of the company’s stock worth $482,000 after purchasing an additional 168 shares during the period. Mather Group LLC. raised its position 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 buying an additional 173 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC boosted its stake in Evergy by 2.5% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 7,322 shares of the company’s stock valued at $451,000 after buying an additional 182 shares during the period. 87.24% of the stock is owned by hedge funds and other institutional investors.

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.