Evergy (NASDAQ:EVRG) Stock Moved Down to Sell by Wall Street Zen

Wall Street Zen lowered shares of Evergy (NASDAQ:EVRG) from a hold rating to a sell rating in a research note published on Saturday morning,Wall Street Zen reports.

Several other equities research analysts also recently weighed in on EVRG. BTIG Research set a $94.00 price target on Evergy in a report on Tuesday, October 20th. DA Davidson set a $85.00 price objective on shares of Evergy in a report on Tuesday, October 13th. HSBC assumed coverage on shares of Evergy in a report on Thursday, October 22nd. They set a “buy” rating and a $92.00 price objective on the stock. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Evergy in a research report on Friday, October 9th. Finally, TD Cowen started coverage on shares of Evergy in a research note on Thursday, October 22nd. They issued a “buy” rating and a $95.00 target price for the company. Ten analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, Evergy presently has an average rating of “Moderate Buy” and an average price target of $90.00.

Evergy Stock Up 0.1%

Evergy stock opened at $87.54 on Friday. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.49 and a quick ratio of 0.21. The stock has a market capitalization of $20.18 billion, a price-to-earnings ratio of 19.45, a PEG ratio of 2.26 and a beta of 0.49. Evergy has a 1-year low of $71.40 and a 1-year high of $89.66. The business has a fifty day moving average price of $81.79 and a 200-day moving average price of $82.26.

Evergy (NASDAQ:EVRG) last announced its earnings results on Thursday, November 5th. The company reported $2.58 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $1.93 billion. During the same period in the previous year, the business earned $2.03 EPS. 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. Investors of record on Friday, November 20th will be paid a $0.7225 dividend. This is a positive change from Evergy’s previous quarterly dividend of $0.6950. The ex-dividend date is Friday, November 20th. This represents a $2.89 dividend on an annualized basis and a yield of 3.3%. Evergy’s dividend payout ratio (DPR) is 70.56%.

Insider Buying and Selling

In other news, Director Jonathan Rolph purchased 1,640 shares of the stock in a transaction on Friday, September 11th. The stock was bought at an average price of $81.47 per share, with a total value of $133,610.80. Following the transaction, the director owned 670 shares in the company, valued at $54,584.90. The trade was a -169.07% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.52% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Rakuten Investment Management Inc. purchased a new position in shares of Evergy during the 2nd quarter valued at approximately $3,279,000. Bank of Nova Scotia purchased a new stake in Evergy during the second quarter worth $3,569,000. Alps Advisors Inc. boosted its holdings in Evergy by 7.7% during the third quarter. Alps Advisors Inc. now owns 379,417 shares of the company’s stock worth $29,761,000 after buying an additional 27,141 shares in the last quarter. Greenland Capital Management LP purchased a new stake in Evergy during the second quarter worth $8,230,000. Finally, Engineers Gate Manager LP acquired a new stake in Evergy during the second quarter valued at $2,018,000. 87.24% of the stock is currently owned by hedge funds and other institutional investors.

Evergy News Roundup

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

Evergy Company Profile