Evergy Inc. (NASDAQ:EVRG) Stock Has Consensus Target Price of $90.00

Shares of Evergy Inc. (NASDAQ:EVRG) have been assigned an average rating of “Moderate Buy” from the thirteen analysts that are currently covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $90.00.

Several analysts have recently weighed in on EVRG shares. BMO Capital Markets cut their price objective on Evergy from $89.00 to $85.00 and set an “outperform” rating for the company in a report on Tuesday, October 13th. HSBC assumed coverage on Evergy in a report on Thursday, October 22nd. They set a “buy” rating and a $92.00 target price on the stock. Barclays dropped their price target on shares of Evergy from $92.00 to $86.00 and set an “overweight” rating on the stock in a research report on Monday, October 19th. DA Davidson set a $85.00 price target on shares of Evergy in a report on Tuesday, October 13th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Evergy in a report on Wednesday.

Evergy Price Performance

NASDAQ EVRG opened at $87.54 on Friday. Evergy has a 12 month low of $71.40 and a 12 month high of $89.66. The firm has a market capitalization of $20.18 billion, a PE ratio of 19.45, a P/E/G ratio of 2.26 and a beta of 0.49. The company’s 50 day simple moving average is $81.79 and its 200 day simple moving average is $82.26. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.49 and a quick ratio of 0.21.

Evergy (NASDAQ:EVRG) last issued its quarterly earnings results on Thursday, November 5th. The company reported $2.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.33 by $0.25. Evergy had a return on equity of 10.33% and a net margin of 16.67%. The firm had revenue of $2.10 billion during the quarter, compared to analyst estimates of $1.93 billion. During the same period last year, the company posted $2.03 EPS. As a group, equities research analysts forecast that Evergy will post 4.43 EPS for the current fiscal year.

Evergy Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 18th. Shareholders of record on Friday, November 20th will be given a $0.7225 dividend. This represents a $2.89 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend is Friday, November 20th. This is an increase from Evergy’s previous quarterly dividend of $0.6950. Evergy’s payout ratio is currently 70.56%.

Key Stories Impacting Evergy

Here are the key news stories impacting Evergy this week:

• Positive Sentiment: Evergy reported Q3 earnings of $2.58 per share, above the $2.33 consensus, while revenue of $2.10 billion also topped estimates. Earnings grew from $2.03 per share a year earlier, with growth attributed to its Kansas Central and Metro businesses. Article: Evergy’s Q3 Earnings and Revenues Beat Estimates, ’26 EPS View Raised
• Positive Sentiment: The company raised its 2026 adjusted EPS outlook to $4.35–$4.50, above the cited FactSet estimate of $4.29. Higher guidance suggests management expects earnings momentum to continue. Article: Evergy Expects 2026 Adjusted EPS Range
• Positive Sentiment: Evergy increased its quarterly dividend 4% to $0.7225 per share, or $2.89 annualized—an indication of confidence in its cash generation and a modest boost to shareholder income.
• Positive Sentiment: Coverage of the earnings call highlighted customer demand and planned investment as growth themes, adding potential support to the company’s longer-term outlook. Article: Evergy Earnings Call Signals Strong Growth and Investment

Insider Buying and Selling at Evergy

In other news, Director Jonathan Rolph purchased 1,640 shares of the business’s stock in a transaction dated Friday, September 11th. The stock was bought at an average cost of $81.47 per share, with a total value of $133,610.80. Following the purchase, the director directly owned 670 shares of the company’s stock, valued at approximately $54,584.90. This trade represents a -169.07% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 1.52% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Rakuten Investment Management Inc. purchased a new stake in shares of Evergy during the second quarter worth about $3,279,000. Bank of Nova Scotia purchased a new position in Evergy in the 2nd quarter worth approximately $3,569,000. Alps Advisors Inc. boosted its stake in Evergy by 7.7% in the 3rd quarter. Alps Advisors Inc. now owns 379,417 shares of the company’s stock worth $29,761,000 after purchasing an additional 27,141 shares during the period. Greenland Capital Management LP bought a new position in Evergy in the 2nd quarter worth approximately $8,230,000. Finally, Engineers Gate Manager LP bought a new position in Evergy in the 2nd quarter worth approximately $2,018,000. Institutional investors own 87.24% of the company’s stock.

About Evergy