Evergy (NASDAQ:EVRG) Updates FY 2026 Earnings Guidance

Evergy (NASDAQ:EVRG) issued an update on 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 earnings per share estimate of 4.240. The company issued revenue guidance of -.

Evergy Stock Performance

Evergy stock traded down $0.95 during midday trading on Friday, reaching $81.78. 2,963,579 shares of the stock traded hands, compared to its average volume of 2,061,986. The company has a current ratio of 0.49, a quick ratio of 0.27 and a debt-to-equity ratio of 1.27. The firm has a fifty day moving average price of $82.07 and a two-hundred day moving average price of $78.20. The firm has a market cap of $18.83 billion, a price-to-earnings ratio of 22.28, a PEG ratio of 2.10 and a beta of 0.56. Evergy has a fifty-two week low of $63.29 and a fifty-two week high of $85.27.

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

Evergy Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on EVRG shares. BMO Capital Markets upped their price target on shares of Evergy from $82.00 to $87.00 and gave the stock an “outperform” rating in a research note on Monday, February 23rd. Wells Fargo & Company set a $87.00 price target on shares of Evergy in a research note on Tuesday, April 21st. UBS Group reaffirmed a “neutral” rating and issued a $91.00 price target on shares of Evergy in a research note on Friday. Wall Street Zen raised shares of Evergy from a “sell” rating to a “hold” rating in a research note on Saturday, February 21st. Finally, Mizuho set a $82.00 price target on shares of Evergy in a research note on Monday, February 23rd. Eight analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Evergy currently has an average rating of “Moderate Buy” and a consensus target price of $89.60.

Insider Buying and Selling

In related news, SVP Heather A. Humphrey sold 3,650 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $82.61, for a total value of $301,526.50. Following the sale, the senior vice president directly owned 44,007 shares in the company, valued at $3,635,418.27. The trade was a 7.66% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Ann D. Murtlow sold 2,847 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $82.34, for a total transaction of $234,421.98. Following the completion of the sale, the director owned 2,311 shares in the company, valued at $190,287.74. The trade was a 55.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 8,937 shares of company stock worth $736,492 in the last ninety days. 1.52% of the stock is currently owned by corporate insiders.

Key Evergy News

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 Trading of Evergy

A number of hedge funds and other institutional investors have recently made changes to their positions in EVRG. Prosperity Bancshares Inc purchased a new stake in shares of Evergy during the fourth quarter valued at $32,000. Triumph Capital Management lifted its holdings in shares of 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 purchasing an additional 260 shares during the last quarter. Transamerica Financial Advisors LLC lifted its holdings in shares of Evergy by 163.2% during the fourth quarter. Transamerica Financial Advisors LLC now owns 529 shares of the company’s stock valued at $38,000 after purchasing an additional 328 shares during the last quarter. MUFG Securities EMEA plc purchased a new stake in shares of Evergy during the second quarter valued at $47,000. Finally, Quarry LP lifted its holdings in shares of Evergy by 1,222.9% during the third quarter. Quarry LP now owns 635 shares of the company’s stock valued at $48,000 after purchasing an additional 587 shares during the last quarter. 87.24% of the stock is currently owned by institutional investors.

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.