EVRG|Earnings Snapshot
EPS
| Qtr | Est | Actual | +/− |
|---|---|---|---|
| Q3'26 | $2.20 | - | - |
| Q2'26 | $0.85 | $0.88 | +4.0% |
| Q1'26 | $0.89 | $0.69 | -22.5% |
| Q4'25 | $0.55 | $0.42 | -24.3% |
| Q3'25 | $2.06 | $2.03 | -1.4% |
| Q2'25 | $0.77 | $0.82 | +5.9% |
Revenue
| Qtr | Est | Actual | +/− |
|---|---|---|---|
| Q3'26 | $2.3B | - | - |
| Q2'26 | $1.4B | $1.5B | +6.8% |
| Q1'26 | $1.3B | $1.4B | +9.1% |
| Q4'25 | $1.4B | $1.3B | -6.1% |
| Q3'25 | - | $1.8B | - |
| Q2'25 | - | $1.4B | - |
Market Data
EVRG Stock Snapshot
EVRG is currently trading at $83.38, giving Evergy, Inc. a market cap of 19.27B and a P/E ratio of 21.9. Today's range spans $82.40–$83.99, with shares opening at $82.99 and moving up $0.03 (0.0%) from the prior close. DailyIQ's technical score sits at 55/100 (HOLD) with a news sentiment reading of 67/100.
Over the past year EVRG has traded between $70.42 and $88.62 - the current price is +18.4% off the 52-week low and -5.9% from the high. 22 analysts cover the stock with a Strong Buy consensus and a mean 12-month target of $91.88 (range $80.00–$103.00), implying upside of +10.2%.
For fundamental investors, EVRG's neutral technical phase (55/100, HOLD) is an opportunity to assess valuation without the noise of trending price action. At 19.27B in Utilities market cap The current P/E ratio stands at 21.9., bullish sentiment (67/100) and a price of $83.38 (in the upper portion of its 52-week range) describe a stock where the primary value driver is fundamental rather than momentum. Annual range: $70.42–$88.62.
Portfolio construction in Utilities often uses large-cap names like EVRG as tactical swing positions during neutral phases: cheap enough to overweight, liquid enough to exit quickly, and large enough to provide meaningful sector beta. The current 55/100 (HOLD) at $83.38 (in the upper portion of its 52-week range) and bullish sentiment (67/100) frame the position as a catalyst play within the $70.42–$88.62 annual range rather than a directional bet.
Company Insights: Evergy, Inc. (EVRG)
Evergy, Inc. (EVRG) operates as a regulated electric utility, providing essential power generation, transmission, and distribution services to residential, commercial, and industrial customers across Kansas and Missouri. The company's operational framework within a regulated environment necessitates careful management of its rate base and capital expenditures to ensure predictable revenue streams and returns. Evergy's commitment to a diverse energy portfolio, increasingly incorporating renewable sources like wind, positions it to navigate evolving energy landscapes and regulatory demands. This strategic focus on both essential services and sustainable energy infrastructure underpins its long-term operational strategy and financial planning.
The company's financial performance exhibits a pattern of revenue growth, though earnings per share (EPS) have shown variability against analyst expectations in recent quarters. For instance, while Q2 2026 EPS surpassed estimates, Q1 and Q4 2025 EPS fell short, indicating potential challenges in cost management or revenue realization. Revenue figures, however, have generally trended upwards, demonstrating the underlying demand for Evergy's services and its ability to expand its operational footprint. Investors closely monitor these earnings trends for insights into operational efficiency and the company's capacity to meet future financial targets amidst regulatory constraints and investment cycles.
Recent analyst sentiment and market performance suggest growing investor confidence in Evergy's strategic direction and operational execution. An increased target price from Argus Research, coupled with a maintained BUY rating, highlights positive external validation of the company's prospects. The stock reaching a new 52-week high further corroborates this optimistic outlook, signaling market appreciation for its regulated business model and its investments in renewable energy. Continued positive analyst coverage and stock performance will likely depend on Evergy's ability to effectively execute its growth plans and manage regulatory proceedings.
Regulated Operations
Evergy operates within a regulated framework, providing a stable revenue base through approved rate structures.
The company manages a significant rate base, essential for funding infrastructure investments and future growth.
Regulatory approvals are critical for capital expenditure plans and the recovery of investments in its diverse energy portfolio.
Renewable Energy
Evergy is actively integrating renewable energy sources, particularly wind power, into its generation mix.
Investments in renewables align with broader industry trends and potential regulatory mandates for cleaner energy.
The company's substantial wind energy operations are a key factor influencing future rate decisions and operational strategy.
Earnings Variability
Recent EPS performance has shown inconsistency, with some quarters exceeding analyst estimates and others falling short.
Revenue trends have generally been positive, indicating consistent demand for essential utility services.
Investors will monitor EPS trends closely for signs of improved operational efficiency and earnings stability.
Analyst Sentiment
Recent analyst reports indicate positive sentiment, with price target increases and maintained BUY ratings.
The stock has achieved a new 52-week high, reflecting growing investor confidence in the company's outlook.
Positive analyst coverage and market performance are contingent on continued execution of growth initiatives.
Positioning EVRG
Evergy's stock performance and analyst ratings suggest a favorable near-term outlook for investors seeking stable utility exposure. Adding to positions may be warranted during periods of regulatory clarity or upon successful execution of renewable energy projects that enhance long-term growth prospects. Conversely, reducing exposure could be considered if regulatory headwinds intensify, or if earnings performance consistently misses expectations, indicating challenges in operational management or capital deployment.
What Moves EVRG Stock?
Evergy's stock performance is primarily driven by its regulated utility operations, regulatory outcomes, and investments in renewable energy infrastructure.
Regulatory Decisions
As a regulated utility, Evergy's profitability is heavily influenced by decisions made by state utility commissions regarding its rate base and allowed returns. These commissions determine the prices Evergy can charge customers for electricity, directly impacting its revenue and earnings.
Favorable regulatory outcomes, such as approved rate increases or supportive infrastructure investment plans, tend to boost investor confidence and drive the stock price higher. Conversely, adverse decisions or lengthy review processes can create uncertainty and pressure the stock.
Renewable Energy Growth
Evergy is actively investing in and expanding its renewable energy generation, particularly wind power, across its service territories in Kansas and Missouri. These investments are crucial for meeting environmental mandates and diversifying its energy portfolio.
Successful execution of its renewable energy strategy, leading to increased clean energy capacity and potential cost savings, can enhance its long-term growth prospects and appeal to ESG-focused investors. Any delays or challenges in these projects could negatively impact its forward outlook and stock valuation.
Earnings Performance
Evergy's financial results, particularly its earnings per share (EPS) and revenue, are closely scrutinized by the market against analyst expectations. While recent quarters have shown mixed results, with some beats and misses, the overall trend and management's guidance are key.
Consistently meeting or exceeding earnings estimates, supported by stable operational performance and effective cost management, typically leads to positive stock price movement. Significant deviations from expectations, especially downward revisions, can trigger sell-offs.
Key insight: Evergy's stock is a play on regulated utility stability and strategic renewable investments. Investors should monitor regulatory approvals and the company's progress in expanding its wind energy portfolio, as these factors are paramount to its future earnings and valuation.
EVRG Recent Earnings History
- Q4 2025
EPS: $0.42 actual vs $0.55 estimate (miss) · Revenue: $1,340M actual vs $1,428M estimate
- Q3 2025
EPS: $2.03 actual vs $2.06 estimate (miss) · Revenue: $1,810M actual
- Q2 2025
EPS: $0.82 actual vs $0.77 estimate (beat) · Revenue: $1,437M actual
- Q1 2025
EPS: $0.54 actual vs $0.67 estimate (miss) · Revenue: $1,374M actual
- Q4 2024
EPS: $0.35 actual vs $0.37 estimate (miss) · Revenue: $1,257M actual
Key Metrics for EVRG
Evergy's performance hinges on its regulated rate base growth and operational efficiency. Investors monitor these key metrics to assess the company's ability to deliver stable returns and fund future investments.
Rate Base Growth: Measures the value of assets Evergy is allowed to earn a return on by regulators. Consistent growth indicates successful investment in infrastructure and future earnings potential. Strong rate base expansion is crucial for EVRG's long-term revenue and profit growth.
Operating Margin: Reflects Evergy's efficiency in managing its operating costs relative to revenue. An expanding margin suggests cost control and operational improvements, which is positive for EVRG. Declining margins may signal rising expenses that could pressure profitability.
Capital Expenditures: Tracks the company's investment in property, plant, and equipment, often for grid modernization and renewable energy projects. Higher CapEx, when aligned with rate base growth, signals investment in future earnings for Evergy. Investors watch to ensure CapEx is productive and supports regulated returns.
Earnings Per Share (EPS): Indicates Evergy's profitability on a per-share basis. Consistent or growing EPS, especially when meeting or exceeding guidance, demonstrates financial health and value creation for shareholders. Misses in EPS can signal operational challenges for EVRG.
Dividend Payout Ratio: Shows the proportion of earnings paid out as dividends. A stable or slightly increasing ratio suggests Evergy can sustain its dividend while reinvesting in the business. An unsustainably high ratio could indicate future dividend risk.
Analyst Price Targets for EVRG
Here's where sell-side analysts stand on EVRG right now, based on the latest ratings DailyIQ has tracked.
Reflects the most recently tracked analyst ratings for EVRG and may lag real-time updates. Not a recommendation to buy or sell.
Risk Factors
Evergy's risks are primarily tied to its regulated operating environment and its ability to execute capital projects. Changes in regulatory policy or operational disruptions could significantly impact financial performance and shareholder returns.
- Regulatory Risk
Evergy operates in a heavily regulated industry where state utility commissions approve rates and operational plans. Unfavorable rate decisions or changes in regulatory policy could limit revenue growth and profitability. This risk would materialize if commissions deny requested rate increases or impose costly new operational requirements.
- Capital Execution
The company relies on timely and cost-effective execution of significant capital expenditure projects, particularly in renewable energy infrastructure. Project delays or cost overruns can negatively impact earnings and return on investment. This risk becomes critical during periods of large-scale project development and construction.
- Weather Events
As an electric utility, Evergy is exposed to the impact of severe weather events, such as storms and extreme temperatures. These events can cause damage to infrastructure, leading to costly repairs and potential revenue loss from service interruptions. The risk is heightened during hurricane seasons or periods of extreme weather.
- Interest Rate Sensitivity
Utilities often carry significant debt to finance capital investments. Rising interest rates increase borrowing costs, which can reduce net income and potentially impact dividend payouts. This risk is most relevant when the company needs to refinance existing debt or issue new debt for capital projects.
EVRG Competitive Positioning
Evergy, Inc. (EVRG) is tracked alongside these names in Utilities - Regulated Electric on DailyIQ.
Frequently Asked Questions About EVRG
Is Evergy (EVRG) stock a good investment opportunity?
Evergy's investment case often centers on its position as a regulated utility providing essential electricity services. The company's focus on modernizing its infrastructure and investing in renewable energy sources like wind could support long-term growth. Investors may consider its stable cash flows and dividend potential alongside its rate-setting environment.
What are the key drivers of Evergy's (EVRG) stock price?
Evergy's stock price is primarily influenced by regulatory decisions impacting its allowed rates of return and capital investments. Growth in its rate base, operational efficiency, and the successful integration of renewable energy projects are also significant factors. Investor sentiment towards the utility sector and broader economic conditions can also play a role.
Does Evergy (EVRG) pay a dividend?
Yes, Evergy, Inc. typically pays a quarterly dividend to its shareholders. As a regulated utility, dividends are a common way for these companies to return capital to investors. Investors should review the company's dividend history and payout ratio for sustainability.
What is Evergy's (EVRG) valuation compared to its peers?
Evergy's valuation, often assessed by metrics like Price-to-Earnings (P/E) ratio, can be compared to other regulated electric utilities. Its P/E ratio of approximately 22.05 suggests how much investors are willing to pay for its earnings. A higher or lower ratio relative to peers like NextEra Energy or Duke Energy could indicate whether the market views EVRG as more or less expensive.
What are the main risks associated with investing in Evergy (EVRG)?
Key risks for Evergy include adverse regulatory changes that could limit earnings or increase operating costs. Operational challenges, such as extreme weather events impacting infrastructure, and the execution risk associated with large capital projects are also important considerations. Furthermore, rising interest rates can increase borrowing costs for utilities.
How is Evergy (EVRG) performing in terms of earnings?
Evergy's earnings performance has shown some variability against analyst expectations in recent quarters. While some quarters have seen earnings per share (EPS) beat estimates, others have fallen short. Revenue trends have also fluctuated, with growth in some periods and declines in others, making consistent performance a key area for investors to monitor.
What is Evergy's (EVRG) strategy for renewable energy?
Evergy is actively investing in renewable energy sources, particularly wind power, to diversify its generation portfolio and meet sustainability goals. This strategy involves significant capital expenditures aimed at expanding its renewable generation capacity. The success of these investments and their impact on future rate decisions are crucial for the company's growth trajectory.
How do regulatory environments impact Evergy (EVRG)?
The regulated nature of Evergy's business means that state public utility commissions play a critical role in its operations and financial performance. These commissions approve rates, capital expenditures, and other aspects of the business, directly influencing Evergy's ability to earn a return on its investments and grow its earnings.
What is Evergy's (EVRG) market capitalization and 52-week trading range?
Evergy, Inc. has a market capitalization of approximately $18.87 billion. Its 52-week trading range has been between $61.94 and $85.23. This range provides context for the stock's recent price volatility and performance, with recent news indicating it has reached a new 52-week high.
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