Great Plains Energy (GXP) to Release Quarterly Earnings on Wednesday

Great Plains Energy (NYSE:GXP) will be issuing its quarterly earnings data after the market closes on Wednesday, February 21st. Analysts expect the company to announce earnings of $0.13 per share for the quarter.

Great Plains Energy (GXP) opened at $29.97 on Wednesday. Great Plains Energy has a one year low of $27.59 and a one year high of $34.72. The stock has a market cap of $6,460.00, a price-to-earnings ratio of 157.74, a PEG ratio of 3.34 and a beta of 0.38. The company has a quick ratio of 1.24, a current ratio of 1.44 and a debt-to-equity ratio of 0.65.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 20th. Stockholders of record on Tuesday, February 27th will be paid a $0.275 dividend. This represents a $1.10 dividend on an annualized basis and a dividend yield of 3.67%. The ex-dividend date is Monday, February 26th. Great Plains Energy’s dividend payout ratio is 578.95%.

GXP has been the subject of a number of recent research reports. Bank of America initiated coverage on shares of Great Plains Energy in a research note on Tuesday, October 24th. They issued a “buy” rating and a $35.00 price objective for the company. ValuEngine upgraded shares of Great Plains Energy from a “hold” rating to a “buy” rating in a research note on Thursday, November 9th. Zacks Investment Research cut shares of Great Plains Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, November 15th. SunTrust Banks restated a “hold” rating and issued a $31.00 price objective on shares of Great Plains Energy in a research note on Tuesday, December 26th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Great Plains Energy from $37.00 to $34.00 and set an “overweight” rating for the company in a research note on Thursday, January 25th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $32.29.

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About Great Plains Energy

Great Plains Energy Incorporated (Great Plains Energy) is a utility holding company. The Company operates through electric utility segment. The Company’s subsidiaries with operations include Kansas City Power & Light Company (KCP&L) and KCP&L Greater Missouri Operations Company (GMO). KCP&L is an integrated, regulated electric utility that provides electricity to customers primarily in the states of Missouri and Kansas.

Earnings History for Great Plains Energy (NYSE:GXP)

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