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NASDAQ:EVRG

Evergy (EVRG) Stock Price, News & Analysis

Evergy logo
$62.27 -0.09 (-0.14%)
(As of 12/11/2024 ET)

About Evergy Stock (NASDAQ:EVRG)

Key Stats

Today's Range
$61.97
$62.66
50-Day Range
$59.06
$65.00
52-Week Range
$48.04
$65.47
Volume
3.22 million shs
Average Volume
2.05 million shs
Market Capitalization
$14.32 billion
P/E Ratio
16.83
Dividend Yield
4.29%
Price Target
$61.88
Consensus Rating
Moderate Buy

Company Overview

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. The company was incorporated in 2017 and is headquartered in Kansas City, Missouri.

Evergy Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
79th Percentile Overall Score

EVRG MarketRank™: 

Evergy scored higher than 79% of companies evaluated by MarketBeat, and ranked 40th out of 91 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Evergy has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 6 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Evergy has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Evergy's stock forecast and price target.
  • Earnings Growth

    Earnings for Evergy are expected to grow by 4.94% in the coming year, from $3.85 to $4.04 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Evergy is 16.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.12.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Evergy is 16.83, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 96.33.

  • Price to Earnings Growth Ratio

    Evergy has a PEG Ratio of 2.80. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Evergy has a P/B Ratio of 1.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    3.66% of the float of Evergy has been sold short.
  • Short Interest Ratio / Days to Cover

    Evergy has a short interest ratio ("days to cover") of 4.6.
  • Change versus previous month

    Short interest in Evergy has recently increased by 15.78%, indicating that investor sentiment is decreasing significantly.
  • Dividend Leadership

    Evergy is a leading dividend payer. It pays a dividend yield of 4.22%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Evergy has been increasing its dividend for 20 years.

  • Dividend Coverage

    The dividend payout ratio of Evergy is 72.16%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Evergy will have a dividend payout ratio of 66.09% next year. This indicates that Evergy will be able to sustain or increase its dividend.

  • Read more about Evergy's dividend.
  • Percentage of Shares Shorted

    3.66% of the float of Evergy has been sold short.
  • Short Interest Ratio / Days to Cover

    Evergy has a short interest ratio ("days to cover") of 4.6.
  • Change versus previous month

    Short interest in Evergy has recently increased by 15.78%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Evergy has a news sentiment score of 1.16. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.71 average news sentiment score of Utilities companies.
  • News Coverage This Week

    MarketBeat has tracked 13 news articles for Evergy this week, compared to 62 articles on an average week.
  • Search Interest

    15 people have searched for EVRG on MarketBeat in the last 30 days. This is an increase of 15% compared to the previous 30 days.
  • MarketBeat Follows

    9 people have added Evergy to their MarketBeat watchlist in the last 30 days. This is an increase of 350% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Evergy insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,029,513.00 in company stock.

  • Percentage Held by Insiders

    Only 0.47% of the stock of Evergy is held by insiders.

  • Percentage Held by Institutions

    87.24% of the stock of Evergy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Evergy's insider trading history.
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EVRG Stock News Headlines

Distribution electric substation with power lines and transformers, at sunset — Photo
3 Utility Stocks That Will Benefit from Less Regulation (EVRG)
A stable regulatory framework allows these utility companies to back up their aggressive growth plans with strong long-term earnings growth
[Urgent] Starlink Set For The Largest IPO In History?
He turned PayPal from a tiny, off-the-radar startup… to a massive $64 billion giant. Then, he did it again with Tesla… which is up more than 19,500% since 2010. For perspective, that turns $100 invested into almost $20,000! And now, Elon could be set to do it for the third and final time… with what might be his biggest breakthrough yet. And for the first time ever, you have the rare chance to profit BEFORE the upcoming IPO.
Research Analysts Offer Predictions for Evergy Q4 Earnings
Former Evergy COO sells $3M in the utility's stock
See More Headlines

EVRG Stock Analysis - Frequently Asked Questions

Evergy's stock was trading at $52.20 at the start of the year. Since then, EVRG shares have increased by 19.3% and is now trading at $62.27.
View the best growth stocks for 2024 here
.

Evergy, Inc. (NASDAQ:EVRG) issued its quarterly earnings data on Thursday, November, 7th. The company reported $2.02 earnings per share for the quarter, topping analysts' consensus estimates of $1.95 by $0.07. The company's revenue for the quarter was up 8.5% on a year-over-year basis.

Top institutional shareholders of Evergy include State Street Corp (7.16%), Franklin Resources Inc. (2.41%), Geode Capital Management LLC (2.39%) and Zimmer Partners LP (1.81%). Insiders that own company stock include Heather A Humphrey, Charles A Caisley, Mary L Landrieu, Ann D Murtlow, Sandra Aj Lawrence, Lesley Lissette Elwell, Kevin E Bryant, C John Wilder and Charles L King.
View institutional ownership trends
.

Shares of EVRG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

Ex-Dividend for 9/20 Dividend
8/20/2024
Dividend Payable
9/20/2024
Last Earnings
11/07/2024
Ex-Dividend for 12/20 Dividend
11/21/2024
Today
12/11/2024
Dividend Payable
12/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Electric & other services combined
Sub-Industry
Utilities
Current Symbol
NASDAQ:EVRG
Employees
4,658
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$61.88
High Stock Price Target
$70.00
Low Stock Price Target
$51.00
Potential Upside/Downside
-0.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
9 Analysts

Profitability

Net Income
$731.30 million
Pretax Margin
15.16%

Debt

Sales & Book Value

Annual Sales
$5.78 billion
Cash Flow
$8.60 per share
Book Value
$42.16 per share

Miscellaneous

Free Float
222,479,000
Market Cap
$14.32 billion
Optionable
Optionable
Beta
0.64
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This page (NASDAQ:EVRG) was last updated on 12/11/2024 by MarketBeat.com Staff
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