Zacks Research Issues Negative Estimate for Evergy Earnings

Evergy Inc. (NASDAQ:EVRG) – Investment analysts at Zacks Research cut their Q4 2026 earnings per share (EPS) estimates for shares of Evergy in a research note issued on Tuesday, January 20th. Zacks Research analyst Team now anticipates that the company will post earnings of $0.54 per share for the quarter, down from their previous estimate of $0.56. The consensus estimate for Evergy’s current full-year earnings is $3.83 per share. Zacks Research also issued estimates for Evergy’s Q2 2027 earnings at $0.95 EPS, Q4 2027 earnings at $0.60 EPS and FY2027 earnings at $4.42 EPS.

Evergy (NASDAQ:EVRG) last released its quarterly earnings data on Wednesday, November 5th. The company reported $2.03 earnings per share for the quarter, missing the consensus estimate of $2.14 by ($0.11). The firm had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $2.24 billion. Evergy had a return on equity of 8.66% and a net margin of 14.45%.The firm’s revenue was down .1% compared to the same quarter last year. During the same period in the previous year, the business earned $2.02 EPS.

A number of other analysts have also recently commented on EVRG. Barclays upped their price objective on shares of Evergy from $80.00 to $82.00 and gave the company an “overweight” rating in a research report on Thursday. Jefferies Financial Group increased their price target on Evergy from $77.00 to $87.00 and gave the stock a “buy” rating in a report on Thursday, October 9th. Mizuho reaffirmed a “neutral” rating and set a $76.00 price target (down previously from $86.00) on shares of Evergy in a research report on Thursday, December 18th. Wall Street Zen lowered Evergy from a “hold” rating to a “sell” rating in a research report on Monday, December 22nd. Finally, UBS Group raised their target price on shares of Evergy from $81.00 to $83.00 and gave the stock a “buy” rating in a report on Wednesday, December 17th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $83.00.

Evergy Trading Down 0.9%

EVRG opened at $76.23 on Thursday. The firm’s fifty day moving average is $74.42 and its two-hundred day moving average is $73.74. The firm has a market cap of $17.55 billion, a PE ratio of 20.88, a price-to-earnings-growth ratio of 3.11 and a beta of 0.67. Evergy has a twelve month low of $61.94 and a twelve month high of $79.32. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.30 and a current ratio of 0.52.

Evergy Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Friday, November 21st were paid a $0.695 dividend. This represents a $2.78 annualized dividend and a yield of 3.6%. The ex-dividend date was Friday, November 21st. This is a positive change from Evergy’s previous quarterly dividend of $0.67. Evergy’s dividend payout ratio (DPR) is presently 76.16%.

Hedge Funds Weigh In On Evergy

Several hedge funds have recently made changes to their positions in EVRG. Harbor Capital Advisors Inc. bought a new stake in shares of Evergy in the fourth quarter worth $27,000. Accredited Wealth Management LLC increased its stake in Evergy by 1,310.3% in the 3rd quarter. Accredited Wealth Management LLC now owns 409 shares of the company’s stock valued at $31,000 after buying an additional 380 shares during the last quarter. AlphaCore Capital LLC bought a new stake in Evergy during the 2nd quarter worth about $33,000. Sentry Investment Management LLC bought a new stake in Evergy during the 3rd quarter worth about $41,000. Finally, Root Financial Partners LLC acquired a new position in shares of Evergy during the 3rd quarter worth about $44,000. 87.24% of the stock is owned by institutional investors.

More Evergy News

Here are the key news stories impacting Evergy this week:

• Positive Sentiment: Analysts expect a sizable Q4 profit lift — previews note forecasts of a double‑digit profit increase, which could be a catalyst if Evergy delivers or beats. Article Title
• Positive Sentiment: Zacks raised its Q1 2026 EPS estimate to $0.69 (from $0.65), a modest near‑term upgrade that could help sentiment if early quarter commentary or guidance aligns.
• Neutral Sentiment: Market previews (Yahoo/Barchart) highlight the upcoming Q4 release as the main near‑term event — investors are waiting for actual results and management commentary before re‑rating the shares. Article Title
• Negative Sentiment: Zacks issued a series of downward revisions across multiple quarters and FY2027: FY2027 cut to $4.42 from $4.55, Q4 2026 to $0.54, Q4 2027 to $0.60, Q2 2027 to $0.95 and trims to several other quarters (Q3/Q3 2026/2027). These recurring estimate cuts suggest modestly lower medium‑term earnings expectations and are likely the main driver of today’s weakness.

Evergy Company Profile

Evergy, Inc is a regulated electric utility that generates, transmits and distributes electricity to residential, commercial and industrial customers primarily across Kansas and western Missouri. The company provides core utility services including retail electric delivery, grid operations, customer service and outage restoration, operating under state regulatory frameworks. Evergy serves a mix of urban and rural communities, including portions of the Kansas City metropolitan area and other population centers in its service territory.

The company’s business activities span power generation, system planning, transmission and distribution infrastructure, and customer-facing programs such as energy efficiency and demand-side management.