Evergy (NASDAQ:EVRG) Issues FY 2026 Earnings Guidance

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

Evergy Price Performance

Shares of NASDAQ:EVRG opened at $83.06 on Thursday. Evergy has a one year low of $70.42 and a one year high of $88.62. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.45 and a quick ratio of 0.24. The company has a market cap of $19.15 billion, a price-to-earnings ratio of 22.03, a PEG ratio of 2.17 and a beta of 0.54. The firm has a 50 day simple moving average of $84.57 and a 200 day simple moving average of $82.31.

Evergy (NASDAQ:EVRG) last posted its earnings results on Wednesday, August 5th. The company reported $0.88 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.07. The firm had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.36 billion. Evergy had a net margin of 14.63% and a return on equity of 9.09%. Research analysts predict that Evergy will post 4.25 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

EVRG has been the topic of several recent research reports. Bank of America cut their price objective on Evergy from $89.00 to $88.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. Wells Fargo & Company set a $87.00 price target on Evergy in a research note on Tuesday, April 21st. Weiss Ratings upgraded Evergy from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 11th. BTIG Research set a $97.00 price objective on Evergy in a research note on Thursday, July 23rd. Finally, BMO Capital Markets raised their price objective on shares of Evergy from $88.00 to $92.00 and gave the company an “outperform” rating in a report on Wednesday, July 22nd. Eight investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $90.60.

Insider Buying and Selling at Evergy

In related news, Director Sandra Aj Lawrence sold 600 shares of the stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $81.41, for a total value of $48,846.00. Following the completion of the sale, the director directly owned 680 shares in the company, valued at $55,358.80. This represents a 46.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Charles A. Caisley sold 10,787 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $83.46, for a total value of $900,283.02. Following the transaction, the executive vice president directly owned 37,789 shares of the company’s stock, valued at approximately $3,153,869.94. This represents a 22.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 12,748 shares of company stock worth $1,061,870. 1.52% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Evergy

Hedge funds have recently made changes to their positions in the stock. Brighton Jones LLC bought a new stake in Evergy in the fourth quarter valued at approximately $257,000. United Services Automobile Association acquired a new stake in Evergy during the 1st quarter valued at approximately $223,000. Empowered Funds LLC raised its holdings in Evergy by 19.5% during the 1st quarter. Empowered Funds LLC now owns 4,648 shares of the company’s stock worth $320,000 after purchasing an additional 758 shares during the last quarter. Woodline Partners LP raised its holdings in Evergy by 40.7% during the 1st quarter. Woodline Partners LP now owns 19,429 shares of the company’s stock worth $1,340,000 after purchasing an additional 5,618 shares during the last quarter. Finally, Focus Partners Wealth lifted its position in shares of Evergy by 7.3% in the 1st quarter. Focus Partners Wealth now owns 13,791 shares of the company’s stock worth $951,000 after purchasing an additional 939 shares during the period. 87.24% of the stock is currently owned by institutional investors.

Evergy Company Profile

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.