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 EPS guidance of 4.140-4.340 for the period, compared to the consensus EPS estimate of 4.240. The company issued revenue guidance of -.

Evergy Trading Down 1.1%

NASDAQ:EVRG traded down $0.95 during trading hours on Friday, hitting $81.78. The company had a trading volume of 2,963,579 shares, compared to its average volume of 2,061,986. The company has a market capitalization of $18.83 billion, a PE ratio of 22.28, a price-to-earnings-growth ratio of 2.10 and a beta of 0.56. The stock has a 50-day moving average price of $82.07 and a 200 day moving average price of $78.20. Evergy has a 52 week low of $63.29 and a 52 week high of $85.27. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.49 and a quick ratio of 0.27.

Evergy (NASDAQ:EVRG) last announced its earnings results on Thursday, May 7th. The company reported $0.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.06. Evergy had a net margin of 14.35% and a return on equity of 8.79%. The firm had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.27 billion. During the same quarter in the previous year, the firm posted $0.54 EPS. The company’s revenue for the quarter was up 5.0% compared to the same quarter last year. Evergy has set its FY 2026 guidance at 4.140-4.340 EPS. On average, equities research analysts predict that Evergy will post 4.25 EPS for the current fiscal year.

Evergy Dividend Announcement

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

Analysts Set New Price Targets

Several equities analysts recently issued reports on EVRG shares. Bank of America reduced their price target on shares of Evergy from $89.00 to $88.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. BTIG Research assumed coverage on Evergy in a research note on Thursday, April 9th. They issued a “buy” rating and a $99.00 target price for the company. Royal Bank Of Canada restated an “outperform” rating and issued a $91.00 target price on shares of Evergy in a research note on Friday, January 23rd. Citigroup raised their target price on Evergy from $89.00 to $95.00 and gave the company a “buy” rating in a research note on Friday, February 20th. Finally, BMO Capital Markets raised their target price on Evergy from $82.00 to $87.00 and gave the company an “outperform” rating in a research note on Monday, February 23rd. Eight equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Evergy presently has a consensus rating of “Moderate Buy” and a consensus target price of $89.60.

Insider Buying and Selling 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 the business’s stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $82.19, for a total value of $200,543.60. Following the completion of the sale, the senior vice president directly owned 18,359 shares in the company, valued at approximately $1,508,926.21. This represents a 11.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 8,937 shares of company stock valued at $736,492. Corporate insiders own 1.52% of the company’s stock.

Evergy News Summary

Here are the key news stories impacting Evergy this week:

• Positive Sentiment: Evergy beat first-quarter expectations, reporting adjusted EPS of $0.69 versus the $0.63 consensus and revenue of $1.44 billion versus $1.27 billion expected, supported by stronger demand and recovery in regulated investments. Reuters article
• Positive Sentiment: The company announced a new large customer, which could help future revenue growth and improve investor sentiment around load growth. AP/Bakersfield article
• Positive Sentiment: Evergy reaffirmed 2026 EPS guidance of $4.14 to $4.34, which suggests management still sees stable earnings growth ahead. AP/Bakersfield article
• Positive Sentiment: The board declared a quarterly dividend of $0.695 per share, reinforcing Evergy’s appeal as an income stock with an annualized yield of about 3.4%.
• Neutral Sentiment: Evergy’s higher interest expense was a headwind in the quarter, rising 14.4% year over year, which may temper enthusiasm despite the earnings beat. Zacks article

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Hilltop Holdings Inc. raised its stake in Evergy by 1.6% during the fourth quarter. Hilltop Holdings Inc. now owns 8,990 shares of the company’s stock valued at $652,000 after buying an additional 142 shares during the last quarter. Moneta Group Investment Advisors LLC raised its stake in Evergy by 0.3% during the third quarter. Moneta Group Investment Advisors LLC now owns 46,972 shares of the company’s stock valued at $3,571,000 after buying an additional 145 shares during the last quarter. Bank of Jackson Hole Trust raised its stake in Evergy by 35.9% during the fourth quarter. Bank of Jackson Hole Trust now owns 677 shares of the company’s stock valued at $49,000 after buying an additional 179 shares during the last quarter. IHT Wealth Management LLC raised its stake in Evergy by 1.0% during the second quarter. IHT Wealth Management LLC now owns 20,528 shares of the company’s stock valued at $1,415,000 after buying an additional 212 shares during the last quarter. Finally, Triumph Capital Management raised its stake in 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 buying an additional 260 shares during 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.