Zacks Research Predicts Evergy’s Q4 Earnings (NASDAQ:EVRG)

Evergy Inc. (NASDAQ:EVRG) – Research analysts at Zacks Research decreased their Q4 2026 earnings per share (EPS) estimates for Evergy in a research report issued on Thursday, May 28th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $0.51 for the quarter, down from their previous forecast of $0.55. The consensus estimate for Evergy’s current full-year earnings is $4.25 per share. Zacks Research also issued estimates for Evergy’s Q2 2027 earnings at $0.96 EPS and Q4 2027 earnings at $0.63 EPS.

Several other brokerages have also commented on EVRG. Bank of America lowered their price objective on shares of Evergy from $89.00 to $88.00 and set a “buy” rating for the company in a report on Tuesday, April 14th. Weiss Ratings upgraded shares of Evergy from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 11th. Barclays raised their price objective on shares of Evergy from $82.00 to $89.00 and gave the stock an “overweight” rating in a report on Monday, March 9th. BMO Capital Markets raised their price objective on shares of Evergy from $82.00 to $87.00 and gave the stock an “outperform” rating in a report on Monday, February 23rd. Finally, Citigroup raised their price objective on shares of Evergy from $89.00 to $95.00 and gave the stock a “buy” rating in a report on Friday, February 20th. Eight research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $89.60.

Evergy Stock Performance

Shares of EVRG opened at $82.04 on Monday. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.45 and a quick ratio of 0.24. Evergy has a one year low of $64.70 and a one year high of $85.27. The company has a 50-day simple moving average of $82.08 and a two-hundred day simple moving average of $78.83. The firm has a market capitalization of $18.91 billion, a PE ratio of 21.76, a price-to-earnings-growth ratio of 2.13 and a beta of 0.55.

Evergy (NASDAQ:EVRG) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.69 EPS for the quarter, topping the consensus estimate of $0.63 by $0.06. Evergy had a net margin of 14.63% and a return on equity of 9.09%. The business had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.27 billion. During the same period last year, the business posted $0.54 earnings per share. Evergy’s quarterly revenue was up 5.0% compared to the same quarter last year. Evergy has set its FY 2026 guidance at 4.140-4.340 EPS.

Hedge Funds Weigh In On Evergy

Several large investors have recently made changes to their positions in EVRG. MidFirst Bank purchased a new position in shares of Evergy during the fourth quarter valued at approximately $25,000. Harbor Capital Advisors Inc. purchased a new position in shares of Evergy during the fourth quarter valued at approximately $27,000. Accredited Wealth Management LLC lifted its holdings in shares of Evergy by 1,310.3% during the third quarter. Accredited Wealth Management LLC now owns 409 shares of the company’s stock valued at $31,000 after purchasing an additional 380 shares during the last quarter. Prosperity Bancshares Inc purchased a new position in shares of Evergy during the fourth quarter valued at approximately $32,000. Finally, Triumph Capital Management lifted its holdings in shares of Evergy by 104.8% during the fourth quarter. Triumph Capital Management now owns 508 shares of the company’s stock valued at $37,000 after purchasing an additional 260 shares during the last quarter. 87.24% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Evergy

In other news, SVP Heather A. Humphrey sold 3,650 shares of Evergy stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $82.61, for a total transaction of $301,526.50. Following the completion of the transaction, the senior vice president directly owned 44,007 shares in the company, valued at approximately $3,635,418.27. This trade represents a 7.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Charles L. King sold 2,440 shares of Evergy stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $82.19, for a total transaction of $200,543.60. Following the transaction, the senior vice president owned 18,359 shares of the company’s stock, valued at $1,508,926.21. The trade was a 11.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.52% of the stock is currently owned by company insiders.

Evergy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Friday, May 22nd will be issued a dividend of $0.695 per share. This represents a $2.78 annualized dividend and a dividend yield of 3.4%. The ex-dividend date is Friday, May 22nd. Evergy’s dividend payout ratio (DPR) is presently 73.74%.

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.