Zacks Research Predicts Evergy’s Q1 Earnings (NASDAQ:EVRG)

Evergy Inc. (NASDAQ:EVRG) – Zacks Research raised their Q1 2026 earnings per share (EPS) estimates for Evergy in a research note issued on Tuesday, January 20th. Zacks Research analyst Team now expects that the company will earn $0.69 per share for the quarter, up from their previous estimate 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 2026 earnings at $2.18 EPS and Q3 2027 earnings at $2.15 EPS.

Evergy (NASDAQ:EVRG) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $2.03 earnings per share for the quarter, missing analysts’ consensus estimates of $2.14 by ($0.11). The company had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $2.24 billion. Evergy had a net margin of 14.45% and a return on equity of 8.66%. Evergy’s revenue for the quarter was down .1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.02 earnings per share.

Several other equities research analysts have also recently commented on EVRG. Mizuho reissued a “neutral” rating and set a $76.00 target price (down previously from $86.00) on shares of Evergy in a report on Thursday, December 18th. Barclays reaffirmed an “outperform” rating on shares of Evergy in a report on Thursday, October 9th. UBS Group raised their price objective on shares of Evergy from $81.00 to $83.00 and gave the company a “buy” rating in a research report on Wednesday, December 17th. Wall Street Zen downgraded shares of Evergy from a “hold” rating to a “sell” rating in a report on Monday, December 22nd. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Evergy in a report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $83.00.

Evergy Stock Down 0.4%

EVRG stock opened at $76.13 on Wednesday. The firm’s 50-day moving average is $74.43 and its two-hundred day moving average is $73.70. The company has a market capitalization of $17.53 billion, a price-to-earnings ratio of 20.86, a price-to-earnings-growth ratio of 3.09 and a beta of 0.67. Evergy has a 52 week low of $61.94 and a 52 week high of $79.32. The company has a current ratio of 0.52, a quick ratio of 0.30 and a debt-to-equity ratio of 1.20.

Evergy Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Friday, November 21st were given a $0.695 dividend. This represents a $2.78 annualized dividend and a dividend yield of 3.7%. This is an increase from Evergy’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend was Friday, November 21st. Evergy’s payout ratio is 76.16%.

Institutional Investors Weigh In On Evergy

Hedge funds have recently made changes to their positions in the company. Allspring Global Investments Holdings LLC raised its position in Evergy by 0.6% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 24,981 shares of the company’s stock worth $1,826,000 after purchasing an additional 140 shares during the last quarter. Moneta Group Investment Advisors LLC lifted its stake in shares of Evergy by 0.3% in the third quarter. Moneta Group Investment Advisors LLC now owns 46,972 shares of the company’s stock worth $3,571,000 after acquiring an additional 145 shares during the period. Cary Street Partners Investment Advisory LLC increased its position in Evergy by 17.7% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 979 shares of the company’s stock valued at $74,000 after purchasing an additional 147 shares during the period. Modern Wealth Management LLC raised its holdings in Evergy by 1.9% during the 3rd quarter. Modern Wealth Management LLC now owns 7,926 shares of the company’s stock worth $603,000 after purchasing an additional 148 shares during the last quarter. Finally, FAS Wealth Partners Inc. raised its holdings in Evergy by 2.4% during the 2nd quarter. FAS Wealth Partners Inc. now owns 6,413 shares of the company’s stock worth $442,000 after purchasing an additional 150 shares during the last quarter. Hedge funds and other institutional investors 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.