Zacks Research Has Negative Forecast for Evergy Q1 Earnings

Evergy Inc. (NASDAQ:EVRG) – Zacks Research decreased their Q1 2026 earnings per share estimates for shares of Evergy in a report released on Thursday, March 12th. Zacks Research analyst Team now expects that the company will post earnings per share of $0.64 for the quarter, down from their previous estimate of $0.69. The consensus estimate for Evergy’s current full-year earnings is $3.83 per share. Zacks Research also issued estimates for Evergy’s Q3 2027 earnings at $2.23 EPS, Q4 2027 earnings at $0.65 EPS and FY2027 earnings at $4.50 EPS.

Other equities analysts have also recently issued reports about the company. Mizuho set a $82.00 price target on Evergy in a report on Monday, February 23rd. Wells Fargo & Company upped their price objective on Evergy from $79.00 to $83.00 and gave the company an “equal weight” rating in a research report on Friday, February 20th. Weiss Ratings reissued a “buy (b-)” rating on shares of Evergy in a report on Monday, December 29th. Wall Street Zen raised Evergy from a “sell” rating to a “hold” rating in a research report on Saturday, February 21st. Finally, Citigroup boosted their price target on Evergy from $89.00 to $95.00 and gave the company a “buy” rating in a research note on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, Evergy presently has an average rating of “Moderate Buy” and a consensus price target of $87.75.

Evergy Trading Down 0.5%

NASDAQ:EVRG opened at $82.81 on Monday. The company has a market cap of $19.07 billion, a PE ratio of 22.56, a price-to-earnings-growth ratio of 3.30 and a beta of 0.65. 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 company has a 50 day simple moving average of $79.11 and a two-hundred day simple moving average of $76.37. Evergy has a 12 month low of $61.94 and a 12 month high of $85.23.

Evergy (NASDAQ:EVRG) last announced its quarterly earnings results on Saturday, January 31st. The company reported $0.42 EPS for the quarter. Evergy had a net margin of 14.35% and a return on equity of 8.79%.

Institutional Trading of Evergy

Several institutional investors have recently bought and sold shares of EVRG. MidFirst Bank purchased a new position in shares of Evergy during the 4th quarter valued at approximately $25,000. Harbor Capital Advisors Inc. purchased a new stake in Evergy in the 4th quarter worth $27,000. Accredited Wealth Management LLC raised its position in Evergy by 1,310.3% during the third quarter. Accredited Wealth Management LLC now owns 409 shares of the company’s stock worth $31,000 after acquiring an additional 380 shares during the period. Prosperity Bancshares Inc acquired a new position in Evergy during the fourth quarter worth $32,000. Finally, AlphaCore Capital LLC purchased a new position in Evergy during the second quarter valued at $33,000. 87.24% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, SVP Charles L. King sold 2,440 shares of the stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $82.19, for a total transaction of $200,543.60. Following the sale, the senior vice president directly owned 18,359 shares of the company’s stock, valued at $1,508,926.21. This represents a 11.73% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Heather A. Humphrey sold 3,650 shares of the firm’s stock in a transaction dated 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 owned 44,007 shares in the company, valued at $3,635,418.27. This trade represents a 7.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 8,937 shares of company stock worth $736,492. Company insiders own 1.42% of the company’s stock.

Evergy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Tuesday, March 10th will be given a $0.695 dividend. The ex-dividend date is Tuesday, March 10th. This represents a $2.78 dividend on an annualized basis and a dividend yield of 3.4%. Evergy’s dividend payout ratio is 75.75%.

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.