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EVRG

EvergyNYSE:EVRG Stock Report

Last Price

US$64.12

Market Cap

US$14.7b

7D

-2.6%

1Y

19.2%

Updated

21 Jan, 2022

Data

Company Financials +
EVRG fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance5/6
Financial Health1/6
Dividends6/6

EVRG Stock Overview

Evergy, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in Kansas and Missouri, the United States.

Evergy Competitors

NextEra Energy

NYSE:NEE

US$162.1b

Duke Energy

NYSE:DUK

US$79.2b

Southern

NYSE:SO

US$71.9b

Exelon

NasdaqGS:EXC

US$55.5b

Price History & Performance

Summary of all time highs, changes and price drops for Evergy
Historical stock prices
Current Share PriceUS$64.12
52 Week HighUS$69.45
52 Week LowUS$51.92
Beta0.45
1 Month Change-3.77%
3 Month Change-0.80%
1 Year Change19.18%
3 Year Change12.93%
5 Year Change17.07%
Change since IPO145.44%

Recent News & Updates

Jan 20

Evergy: A Growing Renewable Dynamo

Evergy is a renewable-focused utility operating in Missouri and Kansas. The company's recent results were quite solid, showing a 14% EPS growth rate over the prior-year quarter. The company is quite aggressive about expanding into the renewables segment and wants to achieve net-zero carbon emissions by 2045. The company is conservatively financed relative to its peers and boasts an impressively strong balance sheet. The company looks potentially undervalued relative to its peer group so it could be worth a look.

Nov 24
Investors Met With Slowing Returns on Capital At Evergy (NYSE:EVRG)

Investors Met With Slowing Returns on Capital At Evergy (NYSE:EVRG)

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

Oct 27

Evergy: An Interesting Renewable Utility With An Attractive Valuation

Evergy serves about 1.6 million customers in Kansas and Missouri. These two areas are experiencing population growth, which supports the company's forward growth plans. The company has a great deal of focus on developing its green credentials, which is a strong growth area for the industry. The company's financials appear quite resilient, which should provide comfort to more conservative investors. The company trades at a very reasonable valuation compared to its peers.

Oct 19
Is There An Opportunity With Evergy, Inc.'s (NYSE:EVRG) 48% Undervaluation?

Is There An Opportunity With Evergy, Inc.'s (NYSE:EVRG) 48% Undervaluation?

How far off is Evergy, Inc. ( NYSE:EVRG ) from its intrinsic value? Using the most recent financial data, we'll take a...

Shareholder Returns

EVRGUS Electric UtilitiesUS Market
7D-2.6%-1.2%-6.1%
1Y19.2%8.6%4.2%

Return vs Industry: EVRG exceeded the US Electric Utilities industry which returned 9.2% over the past year.

Return vs Market: EVRG exceeded the US Market which returned 6.6% over the past year.

Price Volatility

Is EVRG's price volatile compared to industry and market?
EVRG volatility
EVRG Average Weekly Movement2.3%
Electric Utilities Industry Average Movement2.6%
Market Average Movement6.7%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market2.4%

Stable Share Price: EVRG is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: EVRG's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20175,133David Campbellhttps://www.evergyinc.com

Evergy, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in Kansas and Missouri, the United States. It generates electricity through coal, hydroelectric, landfill gas, uranium, and natural gas and oil sources, as well as solar, wind, other renewable sources. The company has approximately 10,100 circuit miles of transmission lines; 39,800 circuit miles of overhead distribution lines; and 13,000 circuit miles of underground distribution lines.

Evergy Fundamentals Summary

How do Evergy's earnings and revenue compare to its market cap?
EVRG fundamental statistics
Market CapUS$14.70b
Earnings (TTM)US$877.30m
Revenue (TTM)US$5.56b

16.8x

P/E Ratio

2.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EVRG income statement (TTM)
RevenueUS$5.56b
Cost of RevenueUS$2.90b
Gross ProfitUS$2.66b
ExpensesUS$1.78b
EarningsUS$877.30m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)3.83
Gross Margin47.88%
Net Profit Margin15.78%
Debt/Equity Ratio115.8%

How did EVRG perform over the long term?

See historical performance and comparison

Dividends

3.6%

Current Dividend Yield

56%

Payout Ratio

Valuation

Is Evergy undervalued compared to its fair value and its price relative to the market?

9.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: EVRG ($64.12) is trading below our estimate of fair value ($70.96)

Significantly Below Fair Value: EVRG is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: EVRG is good value based on its PE Ratio (16.8x) compared to the US Electric Utilities industry average (22.7x).

PE vs Market: EVRG's PE Ratio (16.8x) is in line with the US market.


Price to Earnings Growth Ratio

PEG Ratio: EVRG is poor value based on its PEG Ratio (5x)


Price to Book Ratio

PB vs Industry: EVRG is good value based on its PB Ratio (1.6x) compared to the US Electric Utilities industry average (2x).


Future Growth

How is Evergy forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

3.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EVRG's forecast earnings growth (3.3% per year) is above the savings rate (2%).

Earnings vs Market: EVRG's earnings (3.3% per year) are forecast to grow slower than the US market (13.1% per year).

High Growth Earnings: EVRG's earnings are forecast to grow, but not significantly.

Revenue vs Market: EVRG's revenue (1.8% per year) is forecast to grow slower than the US market (9.2% per year).

High Growth Revenue: EVRG's revenue (1.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: EVRG's Return on Equity is forecast to be low in 3 years time (9.2%).


Past Performance

How has Evergy performed over the past 5 years?

19.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EVRG has high quality earnings.

Growing Profit Margin: EVRG's current net profit margins (15.8%) are higher than last year (12.7%).


Past Earnings Growth Analysis

Earnings Trend: EVRG's earnings have grown by 19.8% per year over the past 5 years.

Accelerating Growth: EVRG's earnings growth over the past year (39%) exceeds its 5-year average (19.8% per year).

Earnings vs Industry: EVRG earnings growth over the past year (39%) exceeded the Electric Utilities industry 3.7%.


Return on Equity

High ROE: EVRG's Return on Equity (9.6%) is considered low.


Financial Health

How is Evergy's financial position?


Financial Position Analysis

Short Term Liabilities: EVRG's short term assets ($1.8B) do not cover its short term liabilities ($2.7B).

Long Term Liabilities: EVRG's short term assets ($1.8B) do not cover its long term liabilities ($16.2B).


Debt to Equity History and Analysis

Debt Level: EVRG's net debt to equity ratio (115.5%) is considered high.

Reducing Debt: EVRG's debt to equity ratio has increased from 100.3% to 115.8% over the past 5 years.

Debt Coverage: EVRG's debt is not well covered by operating cash flow (12.7%).

Interest Coverage: EVRG's interest payments on its debt are well covered by EBIT (3.8x coverage).


Balance Sheet


Dividend

What is Evergy current dividend yield, its reliability and sustainability?

3.57%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: EVRG's dividend (3.57%) is higher than the bottom 25% of dividend payers in the US market (1.36%).

High Dividend: EVRG's dividend (3.57%) is in the top 25% of dividend payers in the US market (3.55%)


Stability and Growth of Payments

Stable Dividend: EVRG's dividends per share have been stable in the past 10 years.

Growing Dividend: EVRG's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (55.7%), EVRG's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: EVRG's dividends in 3 years are forecast to be covered by earnings (65.5% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.9yrs

Average management tenure


CEO

David Campbell (53 yo)

1

Tenure

Mr. David A. Campbell, J.D, has been President, Chief Executive Officer and Director at Evergy, Inc., Evergy Kansas Central, Inc., Evergy Kansas South, Inc. and Evergy Metro, Inc. and Evergy Missouri West...


Leadership Team

Experienced Management: EVRG's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Board Members

Experienced Board: EVRG's board of directors are seasoned and experienced ( 10 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Evergy, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Evergy, Inc.
  • Ticker: EVRG
  • Exchange: NYSE
  • Founded: 2017
  • Industry: Electric Utilities
  • Sector: Utilities
  • Implied Market Cap: US$14.703b
  • Shares outstanding: 229.30m
  • Website: https://www.evergyinc.com

Number of Employees


Location

  • Evergy, Inc.
  • 1200 Main Street
  • Kansas City
  • Missouri
  • 64105
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/21 23:36
End of Day Share Price2022/01/21 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.