FY2026 Earnings Estimate for Evergy Issued By Zacks Research

Evergy Inc. (NASDAQ:EVRG) – Investment analysts at Zacks Research raised their FY2026 earnings per share (EPS) estimates for shares of Evergy in a research note issued to investors on Thursday, May 28th. Zacks Research analyst Team now expects that the company will post earnings per share of $4.25 for the year, up from their prior estimate of $4.24. The consensus estimate for Evergy’s current full-year earnings is $4.25 per share. Zacks Research also issued estimates for Evergy’s Q3 2027 earnings at $2.24 EPS, FY2027 earnings at $4.53 EPS, Q1 2028 earnings at $0.77 EPS and FY2028 earnings at $4.91 EPS.

A number of other brokerages also recently issued reports on EVRG. Barclays raised their price objective on Evergy from $82.00 to $89.00 and gave the stock an “overweight” rating in a research report on Monday, March 9th. Wall Street Zen raised Evergy from a “sell” rating to a “hold” rating in a research report on Saturday, February 21st. Weiss Ratings raised Evergy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 11th. Mizuho set a $82.00 target price on Evergy in a research report on Monday, February 23rd. Finally, Wells Fargo & Company set a $87.00 target price on Evergy in a research report on Tuesday, April 21st. Eight equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $89.60.

Evergy Stock Down 1.6%

Shares of NASDAQ:EVRG opened at $82.85 on Friday. The business has a 50-day moving average price of $82.07 and a 200 day moving average price of $78.79. The company has a current ratio of 0.45, a quick ratio of 0.24 and a debt-to-equity ratio of 1.29. The company has a market capitalization of $19.10 billion, a price-to-earnings ratio of 21.98, a PEG ratio of 2.18 and a beta of 0.56. Evergy has a 12-month low of $64.70 and a 12-month high of $85.27.

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

Evergy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Friday, May 22nd will be given a $0.695 dividend. This represents a $2.78 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend is Friday, May 22nd. Evergy’s payout ratio is currently 73.74%.

Insider Activity

In other news, SVP Heather A. Humphrey sold 3,650 shares of Evergy stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $82.61, for a total value of $301,526.50. Following the completion of the transaction, the senior vice president owned 44,007 shares in the company, valued at approximately $3,635,418.27. This trade represents a 7.66% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Charles L. King sold 2,440 shares of Evergy stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $82.19, for a total value of $200,543.60. Following the completion of 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 position. The SEC filing for this sale provides additional information. Insiders own 1.52% of the company’s stock.

Hedge Funds Weigh In On Evergy

Several hedge funds and other institutional investors have recently made changes to their positions in EVRG. Brighton Jones LLC purchased a new position in shares of Evergy in the 4th quarter valued at about $257,000. United Services Automobile Association purchased a new position in shares of Evergy in the 1st quarter valued at about $223,000. Empowered Funds LLC boosted its stake in shares of Evergy by 19.5% in the 1st quarter. Empowered Funds LLC now owns 4,648 shares of the company’s stock valued at $320,000 after buying an additional 758 shares during the period. Woodline Partners LP boosted its holdings in Evergy by 40.7% in the first quarter. Woodline Partners LP now owns 19,429 shares of the company’s stock valued at $1,340,000 after purchasing an additional 5,618 shares in the last quarter. Finally, Focus Partners Wealth boosted its holdings in Evergy by 7.3% in the first quarter. Focus Partners Wealth now owns 13,791 shares of the company’s stock valued at $951,000 after purchasing an additional 939 shares in the last quarter. Hedge funds and other institutional investors 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.