Evergy (NASDAQ:EVRG) Releases FY 2025 Earnings Guidance

Evergy (NASDAQ:EVRG) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 3.920-4.120 for the period, compared to the consensus EPS estimate of 4.040. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on EVRG. Guggenheim raised shares of Evergy from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. UBS Group raised shares of Evergy from a “neutral” rating to a “buy” rating and raised their target price for the company from $68.00 to $78.00 in a research report on Monday, April 28th. LADENBURG THALM/SH SH raised Evergy to a “strong-buy” rating in a research report on Monday, March 17th. Finally, Barclays increased their price objective on Evergy from $72.00 to $73.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 22nd. Six investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $70.92.

Evergy Stock Performance

Shares of EVRG opened at $69.63 on Thursday. The business has a fifty day moving average of $67.43 and a 200 day moving average of $64.69. Evergy has a one year low of $52.10 and a one year high of $70.36. 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 firm has a market capitalization of $16.02 billion, a P/E ratio of 18.82, a PEG ratio of 2.82 and a beta of 0.53.

Evergy (NASDAQ:EVRG) last announced its quarterly earnings data on Thursday, May 8th. The company reported $0.54 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.64 by ($0.10). Evergy had a return on equity of 8.77% and a net margin of 14.77%. As a group, sell-side analysts anticipate that Evergy will post 3.83 EPS for the current year.

Evergy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Monday, March 10th were paid a $0.6675 dividend. The ex-dividend date of this dividend was Monday, March 10th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 3.83%. Evergy’s payout ratio is currently 70.45%.

Institutional Trading of Evergy

A hedge fund recently bought a new stake in Evergy stock. Brighton Jones LLC acquired a new stake in Evergy, Inc. (NASDAQ:EVRG) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 4,170 shares of the company’s stock, valued at approximately $257,000. Hedge funds and other institutional investors own 87.24% of the company’s stock.

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.