Zacks Research Has Optimistic Outlook of Evergy Q1 Earnings

Evergy Inc. (NASDAQ:EVRG) – Zacks Research increased their Q1 2026 earnings per share estimates for Evergy in a research report issued on Tuesday, January 20th. Zacks Research analyst Team now expects that the company will post earnings per share of $0.69 for the quarter, up from their prior estimate of $0.65. 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 $2.18 EPS and Q3 2027 earnings at $2.15 EPS.

Evergy (NASDAQ:EVRG) last released its quarterly earnings results on Wednesday, November 5th. The company reported $2.03 EPS for the quarter, missing the consensus estimate of $2.14 by ($0.11). Evergy had a return on equity of 8.66% and a net margin of 14.45%.The firm had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $2.24 billion. During the same quarter in the prior year, the company posted $2.02 EPS. The firm’s revenue was down .1% on a year-over-year basis.

Several other equities analysts also recently issued reports on the company. Weiss Ratings reissued a “buy (b-)” rating on shares of Evergy in a report on Monday, December 29th. Wells Fargo & Company boosted their price target on Evergy from $77.00 to $79.00 and gave the stock an “equal weight” rating in a research report on Tuesday. Wall Street Zen cut Evergy from a “hold” rating to a “sell” rating in a research note on Monday, December 22nd. Mizuho reissued a “neutral” rating and set a $76.00 price target (down from $86.00) on shares of Evergy in a report on Thursday, December 18th. Finally, Barclays upped their price objective on shares of Evergy from $80.00 to $82.00 and gave the stock an “overweight” rating in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $83.00.

Evergy Price Performance

NASDAQ EVRG opened at $76.23 on Wednesday. The company has a 50-day moving average price of $74.42 and a two-hundred day moving average price of $73.74. Evergy has a 52 week low of $61.94 and a 52 week high of $79.32. The stock has a market cap of $17.55 billion, a price-to-earnings ratio of 20.88, a price-to-earnings-growth ratio of 3.11 and a beta of 0.67. The company has a current ratio of 0.52, a quick ratio of 0.30 and a debt-to-equity ratio of 1.20.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of EVRG. Vanguard Group Inc. lifted its holdings in Evergy by 1.7% in the 2nd quarter. Vanguard Group Inc. now owns 30,966,777 shares of the company’s stock valued at $2,134,540,000 after acquiring an additional 521,310 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Evergy by 2.8% in the 2nd quarter. Geode Capital Management LLC now owns 6,257,857 shares of the company’s stock worth $429,677,000 after purchasing an additional 170,953 shares in the last quarter. Franklin Resources Inc. raised its holdings in shares of Evergy by 4.3% in the 3rd quarter. Franklin Resources Inc. now owns 6,058,061 shares of the company’s stock worth $460,534,000 after purchasing an additional 251,027 shares in the last quarter. Federated Hermes Inc. lifted its stake in Evergy by 0.5% during the third quarter. Federated Hermes Inc. now owns 3,702,734 shares of the company’s stock valued at $281,482,000 after purchasing an additional 17,592 shares during the last quarter. Finally, Northern Trust Corp boosted its holdings in Evergy by 10.6% during the third 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. Institutional investors own 87.24% of the company’s stock.

Evergy Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Friday, November 21st were issued a $0.695 dividend. This represents a $2.78 annualized dividend and a dividend yield of 3.6%. This is a positive change from Evergy’s previous quarterly dividend of $0.67. The ex-dividend date was Friday, November 21st. Evergy’s payout ratio is currently 76.16%.

Evergy News Summary

Here are the key news stories impacting Evergy this week:

• Positive Sentiment: Analysts expect a sizable Q4 profit lift — previews note forecasts of a double‑digit profit increase, which could be a catalyst if Evergy delivers or beats. Article Title
• Positive Sentiment: Zacks raised its Q1 2026 EPS estimate to $0.69 (from $0.65), a modest near‑term upgrade that could help sentiment if early quarter commentary or guidance aligns.
• Neutral Sentiment: Market previews (Yahoo/Barchart) highlight the upcoming Q4 release as the main near‑term event — investors are waiting for actual results and management commentary before re‑rating the shares. Article Title
• Negative Sentiment: Zacks issued a series of downward revisions across multiple quarters and FY2027: FY2027 cut to $4.42 from $4.55, Q4 2026 to $0.54, Q4 2027 to $0.60, Q2 2027 to $0.95 and trims to several other quarters (Q3/Q3 2026/2027). These recurring estimate cuts suggest modestly lower medium‑term earnings expectations and are likely the main driver of today’s weakness.

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.