Evergy (NASDAQ:EVRG) Releases FY 2026 Earnings Guidance

Evergy (NASDAQ:EVRG) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 4.140-4.340 for the period, compared to the consensus earnings per share estimate of 4.250. The company issued revenue guidance of -.

Evergy Stock Performance

Evergy stock opened at $83.38 on Friday. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.36 and a quick ratio of 0.24. The stock has a fifty day moving average price of $84.60 and a two-hundred day moving average price of $82.36. Evergy has a 52-week low of $70.42 and a 52-week high of $88.62. The firm has a market capitalization of $19.22 billion, a P/E ratio of 21.16, a P/E/G ratio of 2.15 and a beta of 0.54.

Evergy (NASDAQ:EVRG) last issued its earnings results on Thursday, August 6th. The company reported $0.88 EPS for the quarter, beating the consensus estimate of $0.81 by $0.07. Evergy had a net margin of 15.19% and a return on equity of 9.20%. The company had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.36 billion. During the same quarter in the previous year, the company earned $0.82 EPS. Evergy has set its FY 2026 guidance at 4.140-4.340 EPS. As a group, analysts anticipate that Evergy will post 4.25 EPS for the current fiscal year.

Evergy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Investors of record on Tuesday, August 18th will be issued a dividend of $0.695 per share. This represents a $2.78 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend is Tuesday, August 18th. Evergy’s dividend payout ratio (DPR) is currently 73.74%.

Analyst Ratings Changes

A number of research firms have commented on EVRG. BTIG Research set a $97.00 price target on shares of Evergy in a research report on Thursday, July 23rd. Barclays raised their price objective on shares of Evergy from $89.00 to $94.00 and gave the stock an “overweight” rating in a report on Tuesday, June 30th. BMO Capital Markets lifted their target price on shares of Evergy from $88.00 to $92.00 and gave the company an “outperform” rating in a research note on Wednesday, July 22nd. UBS Group boosted their target price on Evergy from $88.00 to $91.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Finally, Citigroup increased their price target on Evergy from $95.00 to $97.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Eight analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $90.60.

Insider Transactions at Evergy

In related news, Director Sandra Aj Lawrence sold 761 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $83.31, for a total value of $63,398.91. Following the completion of the sale, the director owned 1,680 shares of the company’s stock, valued at $139,960.80. This trade represents a 31.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Charles A. Caisley sold 10,787 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $83.46, for a total transaction of $900,283.02. Following the completion of the transaction, the executive vice president owned 37,789 shares of the company’s stock, valued at $3,153,869.94. This trade represents a 22.21% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders sold 12,748 shares of company stock valued at $1,061,870. Insiders own 1.52% of the company’s stock.

Trending Headlines about Evergy

Here are the key news stories impacting Evergy this week:

• Positive Sentiment: Q2 results exceeded expectations: Evergy reported adjusted earnings of $0.88 per share, above the $0.81–$0.82 analyst consensus, while revenue rose to approximately $1.50 billion versus estimates near $1.36 billion. Earnings also increased from $0.82 per share in the year-ago quarter, helped by gains at Kansas Central and Metro. Evergy’s Q2 Earnings Beat Estimates, Revenues Increase Y/Y
• Positive Sentiment: Long-term growth outlook improved: Management expects earnings-per-share growth of more than 8% beginning in 2028 and is pursuing another economic sharing agreement in 2026. The outlook supports the investment case for continued rate-base and earnings expansion. Evergy expects EPS growth above 8 percent from 2028
• Positive Sentiment: Dividend maintains income appeal: Evergy declared a quarterly dividend of $0.695 per share, payable September 18 to shareholders of record August 18. The annualized payout is approximately $2.78 per share, representing a yield of about 3.3% at the referenced share price.
• Neutral Sentiment: 2026 guidance was reaffirmed: Evergy maintained adjusted EPS guidance of $4.14–$4.34, compared with the analyst consensus of $4.25. This confirms management’s prior outlook but offers limited near-term upside beyond expectations. Evergy Posts Higher Q2 Earnings and Reaffirms Guidance

Institutional Investors Weigh In On Evergy

Several hedge funds and other institutional investors have recently made changes to their positions in EVRG. Prosperity Bancshares Inc bought a new position in Evergy in the fourth quarter valued at about $32,000. Triumph Capital Management raised its holdings in Evergy by 104.8% during the 4th quarter. Triumph Capital Management now owns 508 shares of the company’s stock worth $37,000 after purchasing an additional 260 shares during the last quarter. Transamerica Financial Advisors LLC lifted its position in Evergy by 163.2% during the 4th quarter. Transamerica Financial Advisors LLC now owns 529 shares of the company’s stock valued at $38,000 after purchasing an additional 328 shares during the period. MUFG Securities EMEA plc acquired a new position in Evergy during the 2nd quarter valued at about $47,000. Finally, Quarry LP boosted its stake in shares of Evergy by 1,222.9% in the 3rd quarter. Quarry LP now owns 635 shares of the company’s stock valued at $48,000 after purchasing an additional 587 shares during the last quarter. 87.24% of the stock is owned by institutional investors and hedge funds.

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.