What is Zacks Research’s Forecast for Evergy Q1 Earnings?

Evergy, Inc. (NASDAQ:EVRG) – Research analysts at Zacks Research cut their Q1 2025 earnings per share estimates for Evergy in a research report issued to clients and investors on Thursday, March 20th. Zacks Research analyst R. Department now expects that the company will earn $0.64 per share for the quarter, down from their prior forecast of $0.65. The consensus estimate for Evergy’s current full-year earnings is $3.83 per share. Zacks Research also issued estimates for Evergy’s Q3 2025 earnings at $2.01 EPS, Q4 2025 earnings at $0.43 EPS, Q1 2026 earnings at $0.66 EPS, Q2 2026 earnings at $0.96 EPS, Q3 2026 earnings at $2.12 EPS, Q4 2026 earnings at $0.51 EPS and FY2027 earnings at $4.50 EPS.

A number of other analysts have also commented on the company. LADENBURG THALM/SH SH raised Evergy to a “strong-buy” rating in a report on Monday, March 17th. Barclays upped their price target on Evergy from $62.00 to $72.00 and gave the stock an “overweight” rating in a report on Friday, March 7th. UBS Group lifted their price objective on shares of Evergy from $66.00 to $68.00 and gave the stock a “neutral” rating in a report on Friday, March 21st. Finally, Guggenheim upgraded shares of Evergy from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. One equities research analyst has rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Evergy presently has a consensus rating of “Buy” and an average price target of $68.36.

Evergy Trading Down 2.0 %

EVRG opened at $66.17 on Monday. Evergy has a fifty-two week low of $49.55 and a fifty-two week high of $69.93. The firm has a market capitalization of $15.22 billion, a PE ratio of 17.88, a P/E/G ratio of 2.82 and a beta of 0.62. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.55 and a quick ratio of 0.32. The company’s 50-day moving average is $65.96 and its 200 day moving average is $63.19.

Evergy (NASDAQ:EVRG) last released its quarterly earnings data on Thursday, February 27th. The company reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.46 by ($0.11). The business had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.24 billion. Evergy had a return on equity of 8.77% and a net margin of 14.77%.

Evergy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Monday, March 10th were given a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a dividend yield of 4.04%. The ex-dividend date of this dividend was Monday, March 10th. Evergy’s dividend payout ratio is presently 70.45%.

Institutional Investors Weigh In On Evergy

Hedge funds have recently made changes to their positions in the business. HighTower Advisors LLC increased its holdings in Evergy by 391.1% during the third quarter. HighTower Advisors LLC now owns 97,186 shares of the company’s stock worth $6,030,000 after buying an additional 77,398 shares during the last quarter. Allworth Financial LP increased its stake in shares of Evergy by 84.6% during the 4th quarter. Allworth Financial LP now owns 7,975 shares of the company’s stock worth $501,000 after purchasing an additional 3,654 shares during the last quarter. SBI Securities Co. Ltd. purchased a new stake in shares of Evergy during the 4th quarter worth approximately $49,000. Bank of Montreal Can raised its holdings in shares of Evergy by 29.1% in the 3rd quarter. Bank of Montreal Can now owns 997,832 shares of the company’s stock worth $61,806,000 after purchasing an additional 224,679 shares during the period. Finally, BNP Paribas Financial Markets lifted its stake in Evergy by 34.0% in the third quarter. BNP Paribas Financial Markets now owns 945,148 shares of the company’s stock valued at $58,609,000 after purchasing an additional 239,599 shares during the last quarter. 87.24% of the stock is currently owned by institutional investors.

About Evergy

Evergy, Inc, together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in the United States. The company generates electricity through coal, landfill gas, uranium, and natural gas and oil sources, as well as solar, wind, other renewable sources. It serves residences, commercial firms, industrials, municipalities, and other electric utilities.