Zacks Research Analysts Lift Earnings Estimates for Evergy

Evergy Inc. (NASDAQ:EVRG) – Zacks Research raised their Q1 2026 earnings estimates for shares of Evergy in a research report issued to clients and investors on Tuesday, April 7th. Zacks Research analyst Team now forecasts that the company will earn $0.66 per share for the quarter, up from their prior estimate of $0.64. The consensus estimate for Evergy’s current full-year earnings is $3.83 per share. Zacks Research also issued estimates for Evergy’s Q3 2026 earnings at $2.17 EPS, FY2026 earnings at $4.24 EPS and Q1 2027 earnings at $0.69 EPS.

EVRG has been the subject of a number of other research reports. BTIG Research began coverage on shares of Evergy in a research report on Thursday. They set a “buy” rating and a $99.00 target price for the company. Barclays increased their target price 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. Royal Bank Of Canada reissued an “outperform” rating and set a $91.00 target price on shares of Evergy in a research report on Friday, January 23rd. Weiss Ratings reissued a “buy (b-)” rating on shares of Evergy in a research report on Monday, December 29th. Finally, BMO Capital Markets increased their target price 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. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $89.00.

Evergy Stock Performance

NASDAQ:EVRG opened at $84.41 on Thursday. The company has a market capitalization of $19.44 billion, a PE ratio of 23.00, a P/E/G ratio of 2.16 and a beta of 0.61. The company has a 50 day simple moving average of $81.23 and a two-hundred day simple moving average of $77.48. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.27 and a current ratio of 0.49. Evergy has a fifty-two week low of $63.29 and a fifty-two week high of $85.27.

Evergy (NASDAQ:EVRG) last released its earnings results on Saturday, January 31st. The company reported $0.42 earnings per share for the quarter. Evergy had a net margin of 14.35% and a return on equity of 8.79%.

Institutional Trading of Evergy

Several large investors have recently modified their holdings of the stock. Synergy Asset Management LLC increased its position in shares of Evergy by 100.0% during the 3rd quarter. Synergy Asset Management LLC now owns 148,940 shares of the company’s stock valued at $11,322,000 after purchasing an additional 74,470 shares during the last quarter. Caprock Group LLC purchased a new stake in shares of Evergy during the 3rd quarter valued at $1,482,000. ANTIPODES PARTNERS Ltd purchased a new stake in shares of Evergy during the 3rd quarter valued at $72,860,000. Oppenheimer Asset Management Inc. increased its holdings in Evergy by 9.9% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 209,307 shares of the company’s stock worth $15,912,000 after acquiring an additional 18,783 shares during the last quarter. Finally, iA Global Asset Management Inc. increased its holdings in Evergy by 207.0% in the 3rd quarter. iA Global Asset Management Inc. now owns 22,624 shares of the company’s stock worth $1,720,000 after acquiring an additional 15,254 shares during the last quarter. Institutional investors and hedge funds own 87.24% of the company’s stock.

Insider Transactions at Evergy

In other news, SVP Heather A. Humphrey sold 3,650 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $82.61, for a total transaction of $301,526.50. Following the completion of the sale, the senior vice president owned 44,007 shares of the company’s stock, valued at $3,635,418.27. This trade represents a 7.66% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, SVP Charles L. King sold 2,440 shares of the firm’s stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $82.19, for a total transaction of $200,543.60. Following the sale, the senior vice president directly owned 18,359 shares of the company’s stock, valued at approximately $1,508,926.21. This trade represents a 11.73% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 8,937 shares of company stock valued at $736,492 in the last quarter. 1.52% of the stock is currently owned by company insiders.

Evergy Announces Dividend

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

Evergy News Summary

Here are the key news stories impacting Evergy this week:

• Positive Sentiment: BTIG initiated coverage on Evergy with a “Buy” rating and a $99 price target (about 17.3% upside from the current price), giving the stock a new, higher benchmark for upside that likely lifted investor demand.
• Positive Sentiment: Zacks Research raised multiple EPS forecasts across quarters and fiscal years (small bumps: Q1 2026 to $0.66, Q1 2027 to $0.69, Q3 2026 to $2.17, FY2026 to $4.24 and FY2027/FY2028 modestly higher). These upward estimate revisions signal slightly stronger near‑term earnings expectations and support valuation expansion.
• Neutral Sentiment: Technical/valuation context: Evergy trades above its 50‑ and 200‑day moving averages and is near its 12‑month high, with a PE around 23 and beta ~0.61 — implying steady utility‑style risk and limited volatility but less scope for rapid re‑rating without continued fundamental upside.

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.