Evergy (NASDAQ:EVRG) Releases FY 2026 Earnings Guidance

Evergy (NASDAQ:EVRG) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 4.140-4.340 for the period, compared to the consensus estimate of 4.240. The company issued revenue guidance of -.

Evergy Trading Down 0.8%

NASDAQ EVRG opened at $80.99 on Thursday. The stock has a 50-day moving average of $82.06 and a 200-day moving average of $78.17. Evergy has a 1-year low of $63.29 and a 1-year high of $85.27. The company has a current ratio of 0.49, a quick ratio of 0.27 and a debt-to-equity ratio of 1.27. The firm has a market cap of $18.65 billion, a PE ratio of 22.07, a price-to-earnings-growth ratio of 2.12 and a beta of 0.56.

Evergy (NASDAQ:EVRG) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.69 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.06. The business had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.27 billion. Evergy had a return on equity of 8.79% and a net margin of 14.35%. As a group, sell-side analysts forecast that Evergy will post 4.25 EPS for the current year.

Evergy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 10th were issued a $0.695 dividend. The ex-dividend date was Tuesday, March 10th. This represents a $2.78 annualized dividend and a yield of 3.4%. Evergy’s dividend payout ratio is 75.75%.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Mizuho set a $82.00 price objective on shares of Evergy in a report on Monday, February 23rd. Royal Bank Of Canada restated an “outperform” rating and issued a $91.00 price objective on shares of Evergy in a report on Friday, January 23rd. UBS Group lowered shares of Evergy from a “buy” rating to a “neutral” rating and upped their price objective for the stock from $86.00 to $88.00 in a report on Friday, February 13th. BTIG Research initiated coverage on shares of Evergy in a report on Thursday, April 9th. They issued a “buy” rating and a $99.00 price objective for the company. Finally, Wall Street Zen raised Evergy from a “sell” rating to a “hold” rating in a research report on Saturday, February 21st. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $89.30.

Insider Buying and Selling

In related news, SVP Charles L. King sold 2,440 shares of the stock in a transaction dated 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 $1,508,926.21. This trade represents a 11.73% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ann D. Murtlow sold 2,847 shares of the stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $82.34, for a total transaction of $234,421.98. Following the completion of the transaction, the director owned 2,311 shares of the company’s stock, valued at approximately $190,287.74. The trade was a 55.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 8,937 shares of company stock worth $736,492 in the last three months. 1.52% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Virtu Financial LLC bought a new position in Evergy during the 4th quarter valued at approximately $360,000. Compound Planning Inc. increased its position in Evergy by 6.2% during the 4th quarter. Compound Planning Inc. now owns 8,472 shares of the company’s stock valued at $614,000 after buying an additional 498 shares in the last quarter. Corient Private Wealth LLC increased its position in Evergy by 80.5% during the 4th quarter. Corient Private Wealth LLC now owns 99,355 shares of the company’s stock valued at $7,202,000 after buying an additional 44,323 shares in the last quarter. Alpine Woods Capital Investors LLC increased its position in Evergy by 15.9% during the 4th quarter. Alpine Woods Capital Investors LLC now owns 66,729 shares of the company’s stock valued at $4,837,000 after buying an additional 9,168 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its position in Evergy by 2.3% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 292,628 shares of the company’s stock valued at $21,213,000 after buying an additional 6,675 shares in the last quarter. 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.