Evergy (NASDAQ:EVRG – Get Free Report) updated 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 EPS estimate of 4.250. The company issued revenue guidance of -.
Wall Street Analyst Weigh In
EVRG has been the subject of several analyst reports. BTIG Research set a $97.00 target price on shares of Evergy in a research note on Thursday, July 23rd. Weiss Ratings upgraded shares of Evergy from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 11th. Citigroup lifted their price objective on shares of Evergy from $95.00 to $97.00 and gave the company a “buy” rating in a research report on Friday, July 24th. Wells Fargo & Company set a $87.00 price objective on shares of Evergy in a research note on Tuesday, April 21st. Finally, Barclays upped their target price on shares of Evergy from $89.00 to $94.00 and gave the company an “overweight” rating in a report on Tuesday, June 30th. Eight 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, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $90.60.
Check Out Our Latest Stock Analysis on Evergy
Evergy Price Performance
Evergy (NASDAQ:EVRG – Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.07. The firm had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.36 billion. Evergy had a return on equity of 9.09% and a net margin of 14.63%. As a group, research analysts expect that Evergy will post 4.25 EPS for the current fiscal year.
Insider Transactions at Evergy
In related news, EVP Charles A. Caisley sold 10,787 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $83.46, for a total transaction of $900,283.02. Following the completion of the sale, the executive vice president owned 37,789 shares of the company’s stock, valued at $3,153,869.94. This represents a 22.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Sandra Aj Lawrence sold 761 shares of the company’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $83.31, for a total transaction of $63,398.91. Following the sale, the director directly owned 1,680 shares of the company’s stock, valued at $139,960.80. This represents a 31.18% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 12,748 shares of company stock valued at $1,061,870. 1.52% of the stock is owned by insiders.
Institutional Trading of Evergy
Large investors have recently made changes to their positions in the company. Brighton Jones LLC acquired a new stake in shares of Evergy in the 4th quarter valued at $257,000. United Services Automobile Association bought a new stake in shares of Evergy during the 1st quarter worth $223,000. Empowered Funds LLC lifted its position in shares of 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 buying an additional 758 shares during the last quarter. Woodline Partners LP boosted its stake 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 buying an additional 5,618 shares in the last quarter. Finally, Focus Partners Wealth boosted its stake 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 buying an additional 939 shares in the last quarter. Institutional investors and hedge funds own 87.24% of the company’s stock.
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.
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