Evergy (NASDAQ:EVRG) Releases FY 2026 Earnings Guidance

Evergy (NASDAQ:EVRG) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 4.140-4.340 for the period, compared to the consensus earnings per share estimate of 4.250. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on EVRG shares. Barclays upped their target price on Evergy from $89.00 to $94.00 and gave the company an “overweight” rating in a research report on Tuesday, June 30th. Citigroup raised their price target on Evergy from $95.00 to $97.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. BTIG Research set a $97.00 price target on Evergy in a research note on Thursday, July 23rd. BMO Capital Markets upped their price objective on shares of Evergy from $88.00 to $92.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 22nd. Finally, UBS Group increased their price objective on shares of Evergy from $88.00 to $91.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Eight investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Evergy currently has an average rating of “Moderate Buy” and a consensus price target of $90.60.

Evergy Price Performance

NASDAQ EVRG traded down $0.02 on Thursday, hitting $83.04. 2,089,756 shares of the company’s stock were exchanged, compared to its average volume of 2,068,056. The stock has a 50-day moving average of $84.57 and a 200-day moving average of $82.31. The stock has a market cap of $19.14 billion, a price-to-earnings ratio of 22.03, a P/E/G ratio of 2.17 and a beta of 0.54. Evergy has a 52 week low of $70.42 and a 52 week high of $88.62. The company has a current ratio of 0.45, a quick ratio of 0.24 and a debt-to-equity ratio of 1.29.

Evergy (NASDAQ:EVRG) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.07. Evergy had a return on equity of 9.09% and a net margin of 14.63%.The company had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.36 billion. During the same quarter last year, the company posted $0.82 EPS. Analysts expect that Evergy will post 4.25 earnings per share for the current year.

Evergy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Tuesday, August 18th will be paid a dividend of $0.695 per share. The ex-dividend date of this dividend is Tuesday, August 18th. This represents a $2.78 annualized dividend and a yield of 3.3%. Evergy’s payout ratio is presently 73.74%.

Insider Activity at Evergy

In other Evergy news, EVP Charles A. Caisley sold 10,787 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $83.46, for a total value of $900,283.02. Following the completion of the transaction, the executive vice president directly owned 37,789 shares in the company, valued at approximately $3,153,869.94. This represents a 22.21% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Sandra Aj Lawrence sold 600 shares of the stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $81.41, for a total value of $48,846.00. Following the completion of the sale, the director owned 680 shares of the company’s stock, valued at $55,358.80. The trade was a 46.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 12,748 shares of company stock worth $1,061,870 over the last ninety days. 1.52% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Evergy

Several institutional investors and hedge funds have recently made changes to their positions in EVRG. Prosperity Bancshares Inc bought a new stake in Evergy in the fourth quarter valued at approximately $32,000. Triumph Capital Management increased its position in Evergy by 104.8% during the 4th 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 period. Transamerica Financial Advisors LLC raised its holdings in Evergy by 163.2% during the 4th quarter. Transamerica Financial Advisors LLC now owns 529 shares of the company’s stock worth $38,000 after purchasing an additional 328 shares during the last quarter. Quarry LP lifted its position in shares of Evergy by 1,222.9% in the 3rd quarter. Quarry LP now owns 635 shares of the company’s stock worth $48,000 after purchasing an additional 587 shares during the period. Finally, Bank of Jackson Hole Trust lifted its position in shares of Evergy by 35.9% in the 4th quarter. Bank of Jackson Hole Trust now owns 677 shares of the company’s stock worth $49,000 after purchasing an additional 179 shares during the period. Institutional investors and hedge funds own 87.24% of the company’s stock.

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.