Zacks Research Analysts Boost Earnings Estimates for Evergy

Evergy Inc. (NASDAQ:EVRG) – Stock analysts at Zacks Research upped their Q4 2026 earnings estimates for Evergy in a report issued on Tuesday, April 7th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $0.55 for the quarter, up from their prior forecast of $0.54. The consensus estimate for Evergy’s current full-year earnings is $3.83 per share. Zacks Research also issued estimates for Evergy’s Q4 2027 earnings at $0.66 EPS, FY2027 earnings at $4.52 EPS and FY2028 earnings at $4.90 EPS.

Evergy (NASDAQ:EVRG) last issued its quarterly earnings data 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%.

A number of other research analysts have also weighed in on EVRG. Barclays raised their price target on shares of Evergy from $82.00 to $89.00 and gave the company an “overweight” rating in a research report on Monday, March 9th. Wall Street Zen raised shares of Evergy from a “sell” rating to a “hold” rating in a research report on Saturday, February 21st. UBS Group lowered shares of Evergy from a “buy” rating to a “neutral” rating and raised their price target for the company from $86.00 to $88.00 in a research report on Friday, February 13th. BMO Capital Markets raised their price target on shares of Evergy from $82.00 to $87.00 and gave the company an “outperform” rating in a research report on Monday, February 23rd. Finally, Citigroup raised their price target on shares of Evergy from $89.00 to $95.00 and gave the company a “buy” rating in a research report on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $87.75.

Evergy Stock Up 0.7%

EVRG opened at $83.44 on Wednesday. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.49 and a quick ratio of 0.27. The company’s 50-day moving average is $81.06 and its 200 day moving average is $77.43. Evergy has a fifty-two week low of $61.94 and a fifty-two week high of $85.23. The firm has a market capitalization of $19.21 billion, a P/E ratio of 22.74, a PEG ratio of 2.15 and a beta of 0.61.

Evergy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 10th were given a $0.695 dividend. The ex-dividend date of this dividend was Tuesday, March 10th. This represents a $2.78 annualized dividend and a yield of 3.3%. Evergy’s payout ratio is currently 75.75%.

Insiders Place Their Bets

In other Evergy news, SVP Heather A. Humphrey sold 3,650 shares of Evergy stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $82.61, for a total value of $301,526.50. Following the sale, the senior vice president owned 44,007 shares of the company’s stock, valued at approximately $3,635,418.27. The trade was a 7.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Charles L. King sold 2,440 shares of Evergy stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $82.19, for a total transaction of $200,543.60. Following the completion of the sale, the senior vice president directly owned 18,359 shares in the company, valued at approximately $1,508,926.21. This represents a 11.73% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 8,937 shares of company stock valued at $736,492. Company insiders own 1.42% of the company’s stock.

Institutional Trading of Evergy

Several hedge funds have recently added to or reduced their stakes in EVRG. MidFirst Bank bought a new stake in Evergy in the fourth quarter worth about $25,000. Harbor Capital Advisors Inc. bought a new stake in Evergy in the fourth quarter worth about $27,000. Accredited Wealth Management LLC raised its position in Evergy by 1,310.3% in the third quarter. Accredited Wealth Management LLC now owns 409 shares of the company’s stock worth $31,000 after acquiring an additional 380 shares during the period. Prosperity Bancshares Inc bought a new stake in Evergy in the fourth quarter worth about $32,000. Finally, Triumph Capital Management raised its position in Evergy by 104.8% in the fourth quarter. Triumph Capital Management now owns 508 shares of the company’s stock worth $37,000 after acquiring an additional 260 shares during the period. Institutional investors own 87.24% of the company’s stock.

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.