Zacks Research Has Positive Estimate for Evergy Q1 Earnings

Evergy Inc. (NASDAQ:EVRG) – Research analysts at Zacks Research raised their Q1 2026 EPS estimates for Evergy in a research note issued on Tuesday, January 20th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $0.69 for the quarter, up from their previous estimate of $0.65. 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 $2.18 EPS and Q3 2027 earnings at $2.15 EPS.

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

A number of other equities analysts have also issued reports on EVRG. UBS Group increased their target price on shares of Evergy from $81.00 to $83.00 and gave the company a “buy” rating in a research report on Wednesday, December 17th. Citigroup upped their price target on shares of Evergy from $79.00 to $89.00 and gave the stock a “buy” rating in a research note on Monday, November 10th. Barclays reiterated an “outperform” rating on shares of Evergy in a research note on Thursday, October 9th. Wall Street Zen downgraded Evergy from a “hold” rating to a “sell” rating in a research report on Monday, December 22nd. Finally, Wells Fargo & Company lifted their price target on Evergy from $77.00 to $79.00 and gave the company an “equal weight” rating in a research report on Tuesday. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $83.00.

Evergy Price Performance

Shares of EVRG opened at $76.91 on Wednesday. Evergy has a one year low of $61.94 and a one year high of $79.32. The stock’s fifty day moving average is $74.42 and its 200-day moving average is $73.73. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.30 and a current ratio of 0.52. The firm has a market capitalization of $17.71 billion, a price-to-earnings ratio of 21.07, a price-to-earnings-growth ratio of 3.08 and a beta of 0.67.

Institutional Investors Weigh In On Evergy

Large investors have recently modified their holdings of the stock. Simplicity Wealth LLC acquired a new position in shares of Evergy during the second quarter worth approximately $778,000. Synergy Asset Management LLC grew its stake in shares of Evergy by 100.0% in the third quarter. Synergy Asset Management LLC now owns 148,940 shares of the company’s stock worth $11,322,000 after acquiring an additional 74,470 shares during the last quarter. Leo Wealth LLC bought a new position in Evergy during the second quarter worth $1,399,000. Callan Family Office LLC bought a new position in Evergy during the second quarter worth $413,000. Finally, Davis Capital Management acquired a new position in Evergy during the 3rd quarter valued at $1,379,000. 87.24% of the stock is owned by institutional investors.

Evergy Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Friday, November 21st were issued a $0.695 dividend. This is an increase from Evergy’s previous quarterly dividend of $0.67. This represents a $2.78 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend was Friday, November 21st. Evergy’s dividend payout ratio is currently 76.16%.

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.