Evergy (NASDAQ:EVRG) Stock Rating Upgraded by Wall Street Zen

Evergy (NASDAQ:EVRG) was upgraded by Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued on Saturday.

A number of other research firms have also recently issued reports on EVRG. Mizuho restated a “neutral” rating and issued a $76.00 price objective (down previously from $86.00) on shares of Evergy in a research report on Thursday, December 18th. Royal Bank Of Canada restated an “outperform” rating and set a $91.00 price target on shares of Evergy in a report on Friday, January 23rd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Evergy in a report on Monday, December 29th. Citigroup lifted their price objective on Evergy from $89.00 to $95.00 and gave the stock a “buy” rating in a research report on Friday. Finally, BMO Capital Markets upped their target price on Evergy from $79.00 to $82.00 and gave the company an “outperform” rating in a report on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $85.50.

Evergy Stock Performance

Shares of EVRG stock opened at $80.26 on Friday. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.30 and a current ratio of 0.49. Evergy has a fifty-two week low of $61.94 and a fifty-two week high of $83.19. The stock has a 50 day moving average price of $75.73 and a two-hundred day moving average price of $75.06. The company has a market capitalization of $18.48 billion, a P/E ratio of 21.87, a PEG ratio of 3.15 and a beta of 0.66.

Evergy (NASDAQ:EVRG) last issued its earnings results on Saturday, January 31st. The company reported $0.42 earnings per share (EPS) for the quarter. Evergy had a net margin of 14.35% and a return on equity of 8.79%. Analysts expect that Evergy will post 3.83 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of EVRG. Allspring Global Investments Holdings LLC grew its holdings in Evergy by 0.6% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 24,981 shares of the company’s stock worth $1,826,000 after purchasing an additional 140 shares during the period. Hilltop Holdings Inc. boosted its position in shares of Evergy by 1.6% in the 4th quarter. Hilltop Holdings Inc. now owns 8,990 shares of the company’s stock worth $652,000 after purchasing an additional 142 shares in the last quarter. Moneta Group Investment Advisors LLC boosted its position in shares of Evergy by 0.3% in the 3rd quarter. Moneta Group Investment Advisors LLC now owns 46,972 shares of the company’s stock worth $3,571,000 after purchasing an additional 145 shares in the last quarter. Cary Street Partners Investment Advisory LLC grew its stake in shares of Evergy by 17.7% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 979 shares of the company’s stock worth $74,000 after buying an additional 147 shares during the last quarter. Finally, Modern Wealth Management LLC increased its position in Evergy by 1.9% during the 3rd quarter. Modern Wealth Management LLC now owns 7,926 shares of the company’s stock valued at $603,000 after buying an additional 148 shares in the last quarter. 87.24% of the stock is currently owned by institutional investors.

Key Headlines Impacting Evergy

Here are the key news stories impacting Evergy this week:

• Positive Sentiment: Evergy declared a quarterly dividend of $0.695 per share (annualized yield ~3.5%); record date is March 10 and payment March 20 — supports income investors and buy‑and‑hold demand. BusinessWire release
• Positive Sentiment: Wells Fargo raised its price target from $79 to $83 (maintaining an “equal weight” rating), signaling modest analyst support for upside vs. current levels. Benzinga
• Neutral Sentiment: Revenue beat year‑over‑year in Q4 even as EPS fell short — mixed operational signal: topline growth but margin/earnings pressure. Zacks: Revenues increase Y/Y
• Neutral Sentiment: Evergy unveiled a new five‑year capital spending plan (~$21.6 billion) to meet rising industrial/commercial demand — a long‑term growth push that implies higher near‑term capex and execution risk. Reuters
• Neutral Sentiment: Earnings materials and the full Q4 call transcript were posted (useful for detail on drivers and guidance execution). Earnings call transcript
• Neutral Sentiment: Short‑interest reports in the feed show zero/NaN changes — likely a data/reporting anomaly and not a meaningful short squeeze signal. (No actionable change evident.)
• Negative Sentiment: Q4 EPS missed consensus: $0.42 vs. $0.57 expected, a clear earnings shortfall that weighed on near‑term sentiment. Zacks: Lags Q4 estimates
• Negative Sentiment: FY‑2026 EPS guidance (range $4.14–$4.34) sits slightly below the Street consensus (~$4.28 midpoint), and Reuters flagged forecasts below estimates — a headwind for multiple near‑term valuation assumptions. Reuters

About Evergy

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.