Zacks Research Has Positive Forecast for Evergy Q2 Earnings

Evergy Inc. (NASDAQ:EVRG) – Analysts at Zacks Research raised their Q2 2026 EPS estimates for Evergy in a research report issued to clients and investors on Thursday, March 12th. Zacks Research analyst Team now anticipates that the company will post earnings of $0.87 per share for the quarter, up from their previous forecast of $0.85. 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 $2.16 EPS, FY2026 earnings at $4.22 EPS, Q1 2027 earnings at $0.68 EPS, Q2 2027 earnings at $0.94 EPS and FY2028 earnings at $4.89 EPS.

Evergy (NASDAQ:EVRG) last posted 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%.

A number of other brokerages have also recently issued reports on EVRG. Wall Street Zen upgraded Evergy from a “sell” rating to a “hold” rating in a report on Saturday, February 21st. BMO Capital Markets increased their target price on Evergy from $82.00 to $87.00 and gave the stock an “outperform” rating in a research note on Monday, February 23rd. Weiss Ratings reissued a “buy (b-)” rating on shares of Evergy in a report on Monday, December 29th. Citigroup boosted their price target on Evergy from $89.00 to $95.00 and gave the company a “buy” rating in a research note on Friday, February 20th. Finally, Mizuho set a $82.00 price objective on Evergy in a report on Monday, February 23rd. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $87.75.

Evergy Stock Up 1.1%

Shares of EVRG opened at $82.63 on Friday. The firm has a market cap of $19.03 billion, a P/E ratio of 22.52, a price-to-earnings-growth ratio of 3.25 and a beta of 0.65. 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 52 week low of $61.94 and a 52 week high of $85.23. The firm’s 50-day simple moving average is $78.70 and its 200 day simple moving average is $76.14.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in Evergy by 1.7% during the second quarter. Vanguard Group Inc. now owns 30,966,777 shares of the company’s stock worth $2,134,540,000 after purchasing an additional 521,310 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Evergy by 1.7% in the 4th quarter. Geode Capital Management LLC now owns 6,447,150 shares of the company’s stock valued at $465,684,000 after purchasing an additional 105,842 shares during the last quarter. Franklin Resources Inc. increased its stake in shares of Evergy by 0.6% in the 4th quarter. Franklin Resources Inc. now owns 6,091,518 shares of the company’s stock valued at $441,574,000 after purchasing an additional 33,457 shares during the last quarter. Federated Hermes Inc. raised its holdings in shares of Evergy by 1.6% during the 4th quarter. Federated Hermes Inc. now owns 3,760,548 shares of the company’s stock worth $272,602,000 after buying an additional 57,814 shares in the last quarter. Finally, Northern Trust Corp raised its holdings in shares of Evergy by 10.6% during the 3rd quarter. Northern Trust Corp now owns 2,760,494 shares of the company’s stock worth $209,853,000 after buying an additional 263,619 shares in the last quarter. 87.24% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, SVP Charles L. King sold 2,440 shares of the business’s stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $82.19, for a total value of $200,543.60. Following the completion of the transaction, the senior vice president directly owned 18,359 shares in the company, valued at approximately $1,508,926.21. The trade was a 11.73% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Heather A. Humphrey sold 3,650 shares of the business’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 transaction, the senior vice president owned 44,007 shares of the company’s stock, valued at $3,635,418.27. The trade was a 7.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 8,937 shares of company stock worth $736,492 over the last ninety days. Corporate insiders own 1.42% of the company’s stock.

Evergy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Tuesday, March 10th will be given a dividend of $0.695 per share. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a $2.78 annualized dividend and a yield of 3.4%. Evergy’s dividend payout ratio is currently 75.75%.

Evergy News Roundup

Here are the key news stories impacting Evergy this week:

• Positive Sentiment: Analysts lifted targets and ratings — Barclays moved to “overweight” and raised its target to $89, Citigroup boosted its target to $95 and other firms nudged targets higher, supporting upside expectations for EVRG. MarketBeat EVRG coverage
• Positive Sentiment: Dividend confirmed: Evergy declared a $0.695 quarterly dividend (annualized $2.78; ~3.4% yield), paid March 20 to holders of record March 10 — steady income supports investor demand for the utility. Dividend / MarketBeat note
• Positive Sentiment: Momentum signal: EVRG met an 80-plus relative strength rating benchmark, indicating stronger price performance versus peers and likely attracting momentum/quant flows. Evergy meets 80-plus relative strength rating benchmark
• Neutral Sentiment: Zacks issued mixed estimate changes: they raised Q2 2026 slightly (to $0.87) but trimmed several near‑term and FY2026/FY2027 lines marginally (FY2026 from $4.27 to $4.22). These are small adjustments that modestly alter near‑term EPS visibility but don’t imply large strategy changes.
• Neutral Sentiment: Institutional activity shows minor new/small stakes by several managers (small dollar buys disclosed); overall 87%+ of shares remain institutionally owned — little immediate impact but underscores steady institutional interest. MarketBeat institutional ownership
• Negative Sentiment: Insider selling: two senior VPs sold shares this week — Heather Humphrey sold 3,650 shares at ~$82.61 (SEC filing) and Charles L. King sold 2,440 shares at ~$82.19 — reductions of ~7.7% and ~11.7% in their holdings, respectively. Multiple insider sales can concern investors about near‑term insider conviction. InsiderTrades alert SEC Form 4 (King)

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.