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Evergy, Inc.NasdaqGS:EVRG Stock Report

Market Cap US$18.7b
Share Price
US$81.78
US$89.27
8.4% undervalued intrinsic discount
1Y24.3%
7D-0.1%
Portfolio Value
View

Evergy, Inc.

NasdaqGS:EVRG Stock Report

Market Cap: US$18.7b

Evergy (EVRG) Stock Overview

Engages in the generation, transmission, distribution, and sale of electricity in the United States. More details

EVRG fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance2/6
Financial Health0/6
Dividends4/6

EVRG Community Fair Values

Create Narrative

See what 22 others think this stock is worth. Follow their fair value or set your own to get alerts.

Evergy, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Evergy
Historical stock prices
Current Share PriceUS$82.73
52 Week HighUS$85.27
52 Week LowUS$63.29
Beta0.54
1 Month Change-0.13%
3 Month Change7.79%
1 Year Change24.29%
3 Year Change32.52%
5 Year Change31.67%
Change since IPO216.67%

Recent News & Updates

Narrative Update Apr 21

EVRG: Refined Plan And Mixed Forecasts Will Shape Future Return Expectations

Evergy's updated analyst price target has edged higher to about $89, with analysts generally citing refined forecasts, recent target hikes from several firms, and adjusted earnings and valuation assumptions as key drivers of the change. Analyst Commentary Bullish Takeaways Bullish analysts point to the updated base plan as supportive of the company’s stated 8% earnings growth target.
Narrative Update Apr 06

EVRG: Reaffirmed 8% Earnings Path Will Shape Balanced Future Expectations

Evergy's updated analyst price target nudged higher to $88.05, supported by analysts who point to reaffirmed earnings growth goals, recent upward target revisions in the $82 to $95 range, and a broadly steady view on margins and future P/E assumptions. Analyst Commentary Recent research shows a mixed but generally constructive tone around Evergy, with several firms lifting price targets into the low to mid US$80s and one as high as US$95, while a few more cautious voices highlight execution and demand risks.

Recent updates

Narrative Update Apr 21

EVRG: Refined Plan And Mixed Forecasts Will Shape Future Return Expectations

Evergy's updated analyst price target has edged higher to about $89, with analysts generally citing refined forecasts, recent target hikes from several firms, and adjusted earnings and valuation assumptions as key drivers of the change. Analyst Commentary Bullish Takeaways Bullish analysts point to the updated base plan as supportive of the company’s stated 8% earnings growth target.
Narrative Update Apr 06

EVRG: Reaffirmed 8% Earnings Path Will Shape Balanced Future Expectations

Evergy's updated analyst price target nudged higher to $88.05, supported by analysts who point to reaffirmed earnings growth goals, recent upward target revisions in the $82 to $95 range, and a broadly steady view on margins and future P/E assumptions. Analyst Commentary Recent research shows a mixed but generally constructive tone around Evergy, with several firms lifting price targets into the low to mid US$80s and one as high as US$95, while a few more cautious voices highlight execution and demand risks.
Seeking Alpha Mar 31

Evergy: Buy This Dividend Aristocrat In The Making Now

Summary Evergy has raised its payout for 23 consecutive years, which puts it on track to soon become a Dividend Aristocrat. A series of recent data center signings is likely to further accelerate the regulated electric utility’s growth trajectory. Evergy’s BBB+ S&P credit rating can support its huge five-year capital spending plan. Shares are trading 4% below my fair value estimate. Evergy’s combination of strong fundamentals and a reasonable valuation provides a path to 10% annual total returns through 2031. Read the full article on Seeking Alpha
Narrative Update Mar 23

EVRG: Updated Plan And 8% Earnings Path Will Shape Future Stability

Evergy's analyst price targets have moved higher, with a fresh fair value estimate of $87.86 per share. Analysts point to the company's updated plan and earnings outlook as key supports for their revised views.
Narrative Update Mar 08

EVRG: Forecast Execution And Weather Headwinds Will Shape Future Earnings Stability

Evergy's updated analyst price target has edged higher to about $86.86, with analysts pointing to the company's latest forecast and a series of recent target increases from firms that now range roughly from the low $80s to the mid $90s as key drivers of the change. Analyst Commentary Recent Street research on Evergy reflects a mix of optimism about execution against updated forecasts and some caution around past headwinds and valuation.
Narrative Update Feb 22

EVRG: Mixed Rating Shifts Will Shape Execution Confidence And Earnings Stability

Evergy's analyst price target has moved higher, climbing by $1.64 as analysts factor in slightly adjusted growth and margin assumptions and a series of recent target revisions from Citi, Barclays, Wells Fargo and others. Analyst Commentary Recent research on Evergy has been mixed, with some bullish analysts lifting price targets and more cautious voices trimming theirs or shifting ratings.
Narrative Update Feb 05

EVRG: Balanced Execution Outlook Will Support Earnings Visibility And Dividend Stability

Analysts have nudged their average price target on Evergy slightly higher, pointing to incremental refinements in fair value estimates, discount rate assumptions and forward P/E expectations supported by recent updates from firms adjusting targets by about $2 in both directions. Analyst Commentary Recent research on Evergy clusters around modest shifts in price targets, with upbeat and cautious voices often reacting to the same data points in different ways.
Narrative Update Jan 22

EVRG: Supportive Sector Tailwinds And Dividend Stability Will Sustain Earnings Visibility

Evergy's analyst price target has edged higher, with a modest uplift reflected in slightly adjusted fair value, discount rate, revenue growth, profit margin and future P/E assumptions, as analysts point to a more supportive setup for utilities and select power names while still keeping expectations in check. Analyst Commentary Street research around Evergy highlights a mix of optimism on the sector backdrop and a more measured stance on the stock itself, with recent work focusing on how current valuation lines up with earnings power and growth visibility.
Narrative Update Jan 07

EVRG: Constructive Regulation And Customer Progress Will Support Earnings Visibility Through 2029

Analysts have nudged their price expectations for Evergy higher, citing updated targets in the US$77 to US$87 range. These targets are supported by views on constructive regulation, customer growth progress, and a refreshed business plan expected later this year.
Narrative Update Dec 20

EVRG: Upcoming Regulatory Outcomes Will Drive Renewed Earnings Momentum Through 2029

Analysts have modestly lifted their consolidated price target on Evergy by a mid single digit dollar amount to reflect improving profit margin expectations, successful regulatory outcomes, and solid earnings growth prospects. This comes even as slightly lower long term revenue growth assumptions and a marginally reduced fair value temper the overall upside.
Narrative Update Dec 06

EVRG: Upcoming Regulatory Outcomes Will Drive Renewed Long Term Earnings Momentum

Analysts have raised their blended price target on Evergy by several dollars per share into the low-to-mid $80s range, citing improving regulatory outcomes, solid customer growth, and an outlook for steady mid-single-digit revenue and high-teens margin expansion that supports above-peer earnings growth through 2029. Analyst Commentary Analysts see Evergy as a solid, if not top tier, way to gain exposure to regulated utility growth, balancing improving fundamentals with a still measured stance on valuation and execution risk.
Narrative Update Nov 22

EVRG: Upcoming Business Plan Update And Regulatory Momentum Will Drive Near-Term Performance

Analysts have raised their price target for Evergy from approximately $82.05 to $84.32. They cite improved regulatory outcomes, steady earnings growth expectations, and increased confidence in the company's business outlook.
Analysis Article Nov 10

Evergy's (NASDAQ:EVRG) Shareholders Will Receive A Bigger Dividend Than Last Year

Evergy, Inc.'s ( NASDAQ:EVRG ) dividend will be increasing from last year's payment of the same period to $0.695 on...
Narrative Update Nov 07

EVRG: Refreshed Business Plan And Regulatory Wins Will Support Measured Upside Ahead

Analysts have raised their fair value estimate for Evergy from $80.61 to $82.05. They cite adjusted growth assumptions, improved profit margin outlook, and a refreshed business plan as key drivers behind the higher price target.
Narrative Update Oct 23

Regulatory Progress And Nuclear Projects Will Shape Utility Sector Leadership

Evergy’s analyst price target has increased from $77.89 to $80.61 per share. Analysts cite recent regulatory successes, above-peer performance, and an improved growth outlook as factors supporting their revised valuation.
Narrative Update Oct 09

Data Centers And Renewables Will Transform Grid Infrastructure

Analysts have raised their average price target on Evergy, increasing it by over $2. This change reflects improved growth expectations and recent positive regulatory developments.
Analysis Article Sep 11

Does Evergy (NASDAQ:EVRG) Deserve A Spot On Your Watchlist?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Narrative Update Sep 04

Data Centers And Renewables Will Transform Grid Infrastructure

Analysts cite improved Kansas regulation, enhanced earnings growth outlook, and stronger credit flexibility as drivers for increased confidence in Evergy, yet the consensus price target remains unchanged at $75.60. Analyst Commentary Improvement in Kansas regulation, highlighted by the Kansas Central settlement, supports a more favorable operating environment.
Analysis Article Aug 27

Is Evergy (NASDAQ:EVRG) Using Too Much Debt?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Jun 25

Evergy, Inc.'s (NASDAQ:EVRG) Business Is Yet to Catch Up With Its Share Price

There wouldn't be many who think Evergy, Inc.'s ( NASDAQ:EVRG ) price-to-earnings (or "P/E") ratio of 18.1x is worth a...
Analysis Article May 26

With EPS Growth And More, Evergy (NASDAQ:EVRG) Makes An Interesting Case

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Seeking Alpha Nov 17

Evergy: There's Still Time To Buy This Utility Now

Summary Evergy, Inc.'s 20-year dividend growth streak establishes it as a reliable dividend grower. The electric utility's five-year capital spending plan bodes well for annual rate base and adjusted EPS growth over the medium term. Evergy is well-capitalized and can leverage its BBB+ credit rating from S&P to secure capital at a low cost. The electric utility appears to be priced 10% below fair value. Evergy could be set up to generate 12% annual total returns through 2026. Read the full article on Seeking Alpha
Seeking Alpha Sep 06

Evergy: This Utility Remains An Intriguing Buy Now

Summary Shares of Evergy have obliterated the S&P 500 since initiating coverage in a co-produced article with Brad Thomas in June. The electric utility's economic development positions it well to deliver on its growth targets for the foreseeable future. EVRG is financially sound and enjoys a BBB+ credit rating from S&P on a stable outlook. Shares could be trading at a 13% discount to fair value. The electric utility has a realistic path to approximately 35% cumulative total returns by the end of 2026. Read the full article on Seeking Alpha
User avatar
New Narrative Aug 22

Renewable Investments And Decisive Partnerships Set To Spark Utility's Financial Revival

Regulatory changes and strategic investments in infrastructure and renewable energy are poised to enhance operational efficiency and revenue growth.
Seeking Alpha Jun 29

Evergy: Buy This High-Yielding Stock And Cash In On Tech Innovation

Summary The technology sector has outperformed the S&P by 11% in the past month. Electric utilities provide an indirect way to benefit from the artificial intelligence revolution. Evergy is a utility with an investment-grade balance sheet that should benefit from an expanding need for electricity. Read the full article on Seeking Alpha
Seeking Alpha Apr 15

Evergy: Attractive Valuation With Potential For Stronger Load Growth

Summary Evergy is currently trading for an attractive valuation with forward EV/EBITDA of 9.6x versus the sector median of 10.36x. I expect load growth to be faster than 2%-3% given data center demand past 2025 as it takes some time to build data centers. I rate Evergy a 'Buy' and I would own it in a diversified portfolio. Read the full article on Seeking Alpha

Shareholder Returns

EVRGUS Electric UtilitiesUS Market
7D-0.1%-3.9%2.1%
1Y24.3%14.1%30.6%

Return vs Industry: EVRG exceeded the US Electric Utilities industry which returned 16.9% over the past year.

Return vs Market: EVRG underperformed the US Market which returned 31% over the past year.

Price Volatility

Is EVRG's price volatile compared to industry and market?
EVRG volatility
EVRG Average Weekly Movement2.5%
Electric Utilities Industry Average Movement3.1%
Market Average Movement7.2%
10% most volatile stocks in US Market16.1%
10% least volatile stocks in US Market3.2%

Stable Share Price: EVRG has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: EVRG's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20174,691David Campbellinvestors.evergy.com

Evergy, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in the United States. The company generates electricity through coal, landfill gas, uranium, and natural gas and oil sources, as well as solar, wind, and other renewable sources. It serves residences, commercial firms, industrials, municipalities, and other electric utilities.

Evergy, Inc. Fundamentals Summary

How do Evergy's earnings and revenue compare to its market cap?
EVRG fundamental statistics
Market capUS$18.65b
Earnings (TTM)US$882.10m
Revenue (TTM)US$6.03b
21.6x
P/E Ratio
3.2x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EVRG income statement (TTM)
RevenueUS$6.03b
Cost of RevenueUS$2.87b
Gross ProfitUS$3.16b
Other ExpensesUS$2.27b
EarningsUS$882.10m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)3.83
Gross Margin52.33%
Net Profit Margin14.63%
Debt/Equity Ratio155.6%

How did EVRG perform over the long term?

See historical performance and comparison

Dividends

3.4%
Current Dividend Yield
71%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 09:47
End of Day Share Price 2026/05/07 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Evergy, Inc. is covered by 26 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gary HovisArgus Research Company
Daniel FordBarclays
Nicholas CampanellaBarclays