Evergy
Evergy, Inc., through its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in Kansas and Missouri. The last earnings update was 8 days ago. More info.
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EVRG Share Price and Events
7 Day Returns
1 Year Returns
EVRG Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Evergy (EVRG) | 2.2% | 2% | -1% | 10% | 11.6% | 64% |
| US Electric Utilities | 0.8% | 0.3% | 5% | 15.3% | 17.6% | 41.8% |
| US Market | -3.9% | -3.6% | 1.8% | 1.4% | 35.8% | 40.8% |
1 Year Return vs Industry and Market
- EVRG underperformed the Electric Utilities industry which returned 15.3% over the past year.
- EVRG outperformed the Market in United States of America which returned 1.4% over the past year.
Price Volatility
Related Companies
EVRG Value
Is Evergy undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Evergy
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Evergy.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 6 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 7.5% |
| Perpetual Growth Rate | 10-Year US Government Bond Rate | 2.7% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 6% |
| Electric Utilities Unlevered Beta | Simply Wall St/ S&P Global | 0.23 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.235 (1 + (1- 21%) (67.33%)) |
0.571 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.8 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.8 * 5.96%) |
7.5% |
Discounted Cash Flow Calculation for NYSE:EVRG using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Evergy is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (USD, Millions) | Source |
Present Value Discounted (@ 7.5%) |
|
|---|---|---|---|
| 2019 | -101.00 | Analyst x1 | -93.96 |
| 2020 | -89.00 | Analyst x1 | -77.02 |
| 2021 | 115.00 | Analyst x1 | 92.58 |
| 2022 | 224.00 | Analyst x1 | 167.74 |
| 2023 | 188.00 | Analyst x1 | 130.97 |
| 2024 | 166.53 | Est @ -11.42% | 107.91 |
| 2025 | 154.58 | Est @ -7.18% | 93.18 |
| 2026 | 148.08 | Est @ -4.2% | 83.04 |
| 2027 | 144.93 | Est @ -2.12% | 75.61 |
| 2028 | 143.96 | Est @ -0.67% | 69.86 |
| Present value of next 10 years cash flows | $649.92 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= $143.96 × (1 + 2.73%) ÷ (7.5% – 2.73%) |
$3,101.79 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= $3,101.79 ÷ (1 + 7.5%)10 |
$1,505.25 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= $649.92 + $1,505.25 |
$2,155.17 |
| Equity Value per Share (USD) |
= Total value / Shares Outstanding
= $2,155.17 / 244.10 |
$8.83 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $8.83 |
| Current discount | Discount to share price of
$58.21
= -1 x ($58.21 - $8.83) / $8.83 |
-559.3% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of Evergy is above its future cash flow value.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Evergy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Evergy's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2019-03-31) in USD | $2.38 |
| NYSE:EVRG Share Price ** | NYSE (2019-05-15) in USD | $58.21 |
| United States of America Electric Utilities Industry PE Ratio | Median Figure of 26 Publicly-Listed Electric Utilities Companies | 21.83x |
| United States of America Market PE Ratio | Median Figure of 3,087 Publicly-Listed Companies | 17.79x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Evergy.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NYSE:EVRG Share Price ÷ EPS (both in USD) = 58.21 ÷ 2.38 |
24.45x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Evergy is overvalued based on earnings compared to the US Electric Utilities industry average.
- Evergy is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does
Evergy's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 24.45x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts |
3.1%per year |
| United States of America Electric Utilities Industry PEG Ratio | Median Figure of 23 Publicly-Listed Electric Utilities Companies | 3.05x |
| United States of America Market PEG Ratio | Median Figure of 2,113 Publicly-Listed Companies | 1.52x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 24.45x ÷ 3.1% |
7.82x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Evergy is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
Evergy's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2019-03-31) in USD | $38.49 |
| NYSE:EVRG Share Price * | NYSE (2019-05-15) in USD | $58.21 |
| United States of America Electric Utilities Industry PB Ratio | Median Figure of 29 Publicly-Listed Electric Utilities Companies | 2.12x |
| United States of America Market PB Ratio | Median Figure of 5,195 Publicly-Listed Companies | 1.83x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NYSE:EVRG Share Price ÷ Book Value per Share (both in USD) = 58.21 ÷ 38.49 |
1.51x |
* Primary Listing of Evergy.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Evergy is good value based on assets compared to the US Electric Utilities industry average.
Value checks
We assess Evergy's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Electric Utilities industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Electric Utilities industry average (and greater than 0)? (1 check) Evergy has a total score of 1/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
EVRG Future Performance
How is Evergy expected to perform in the next 1 to 3 years based on estimates from 6 analysts?
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Evergy's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
- Evergy's earnings growth is positive but not above the United States of America market average.
- Evergy's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NYSE:EVRG Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts | 3.1% |
| NYSE:EVRG Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts | 2.8% |
| United States of America Electric Utilities Industry Earnings Growth Rate | Market Cap Weighted Average | 8.3% |
| United States of America Electric Utilities Industry Revenue Growth Rate | Market Cap Weighted Average | 2.3% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 14% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.3% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 month ago) | See Below |
| Future Estimates | Average of up to 6 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 1,908 | 780 | ||
| 2022-12-31 | 1,818 | 743 | ||
| 2021-12-31 | 5,564 | 1,704 | 703 | 4 |
| 2020-12-31 | 5,509 | 1,678 | 681 | 6 |
| 2019-12-31 | 5,376 | 1,679 | 705 | 6 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2019-03-31 | 4,893 | 1,600 | 575 |
| 2018-12-31 | 4,276 | 1,498 | 536 |
| 2018-09-30 | 3,671 | 1,362 | 551 |
| 2018-06-30 | 2,883 | 946 | 355 |
| 2018-03-31 | 2,599 | 936 | 325 |
| 2017-12-31 | 2,571 | 913 | 324 |
| 2017-09-30 | 2,583 | 873 | 343 |
| 2017-06-30 | 2,553 | 857 | 340 |
| 2017-03-31 | 2,565 | 820 | 340 |
| 2016-12-31 | 2,562 | 804 | 347 |
| 2016-09-30 | 2,502 | 824 | 331 |
| 2016-06-30 | 2,470 | 812 | 314 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 month ago) | See Below |
| Future Estimates | Average of up to 6 Analyst Estimates (S&P Global) | See Below |
All data from Evergy Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 3.62 | 3.62 | 3.62 | 1.00 |
| 2022-12-31 | 3.46 | 3.46 | 3.46 | 1.00 |
| 2021-12-31 | 3.33 | 3.37 | 3.27 | 3.00 |
| 2020-12-31 | 3.14 | 3.21 | 3.07 | 5.00 |
| 2019-12-31 | 2.92 | 2.97 | 2.90 | 5.00 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2019-03-31 | 2.38 |
| 2018-12-31 | 2.50 |
| 2018-09-30 | 3.00 |
| 2018-06-30 | 2.33 |
| 2018-03-31 | 2.28 |
| 2017-12-31 | 2.27 |
| 2017-09-30 | 2.41 |
| 2017-06-30 | 2.39 |
| 2017-03-31 | 2.39 |
| 2016-12-31 | 2.44 |
| 2016-09-30 | 2.33 |
| 2016-06-30 | 2.22 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess Evergy's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Evergy has a total score of 1/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
EVRG Past Performance
How has Evergy performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Evergy's year on year earnings growth rate has been positive over the past 5 years.
- Evergy's 1-year earnings growth exceeds its 5-year average (76.9% vs 11.4%)
- Evergy's earnings growth has exceeded the US Electric Utilities industry average in the past year (76.9% vs 9.7%).
Earnings and Revenue History
All data from Evergy Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2019-03-31 | 4,892.60 | 574.80 | 55.20 | |
| 2018-12-31 | 4,275.90 | 535.80 | 47.80 | |
| 2018-09-30 | 3,670.90 | 551.40 | 7.90 | |
| 2018-06-30 | 2,882.70 | 354.60 | 25.70 | |
| 2018-03-31 | 2,598.63 | 324.85 | 25.70 | |
| 2017-12-31 | 2,571.00 | 323.90 | 20.00 | |
| 2017-09-30 | 2,582.74 | 343.32 | 86.19 | |
| 2017-06-30 | 2,553.09 | 339.73 | 119.07 | |
| 2017-03-31 | 2,565.21 | 339.97 | 194.80 | |
| 2016-12-31 | 2,562.10 | 346.60 | 20.60 | |
| 2016-09-30 | 2,501.52 | 331.19 | 263.47 | |
| 2016-06-30 | 2,469.69 | 314.49 | 263.38 | |
| 2016-03-31 | 2,437.81 | 305.87 | 251.32 | |
| 2015-12-31 | 2,459.16 | 291.28 | 250.28 | |
| 2015-09-30 | 2,509.64 | 295.51 | 250.37 | |
| 2015-06-30 | 2,540.85 | 304.81 | 250.87 | |
| 2015-03-31 | 2,563.95 | 294.56 | 249.37 | |
| 2014-12-31 | 2,601.70 | 312.47 | 250.44 | |
| 2014-09-30 | 2,565.14 | 310.04 | 246.10 | |
| 2014-06-30 | 2,496.08 | 295.81 | 239.36 | |
| 2014-03-31 | 2,453.00 | 309.49 | 231.67 | |
| 2013-12-31 | 2,370.65 | 291.71 | 224.13 | |
| 2013-09-30 | 2,334.55 | 296.24 | 214.83 | |
| 2013-06-30 | 2,335.33 | 302.37 | 214.89 | |
| 2013-03-31 | 2,332.01 | 296.54 | 223.12 | |
| 2012-12-31 | 2,261.47 | 272.75 | 226.01 | |
| 2012-09-30 | 2,223.93 | 246.45 | 238.81 | |
| 2012-06-30 | 2,206.32 | 241.79 | 212.01 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Evergy has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Evergy used its assets less efficiently than the US Electric Utilities industry average last year based on Return on Assets.
- Evergy's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Evergy's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Electric Utilities industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Evergy has a total score of 3/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
EVRG Health
How is Evergy's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Evergy's finances.
The net worth of a company is the difference between its assets and liabilities.
- Evergy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
- Evergy's long term commitments exceed its cash and other short term assets.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Evergy Company Filings, last reported 1 month ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2019-03-31 | 9,391.70 | 9,567.30 | 133.60 |
| 2018-12-31 | 9,990.70 | 8,532.10 | 160.30 |
| 2018-09-30 | 10,648.80 | 8,301.70 | 679.70 |
| 2018-06-30 | 10,895.40 | 8,816.10 | 1,280.10 |
| 2018-03-31 | 3,864.45 | 4,059.49 | 11.17 |
| 2017-12-31 | 3,860.40 | 4,073.20 | 3.40 |
| 2017-09-30 | 3,878.90 | 3,985.92 | 3.39 |
| 2017-06-30 | 3,854.88 | 4,126.57 | 3.21 |
| 2017-03-31 | 3,831.17 | 4,023.25 | 3.36 |
| 2016-12-31 | 3,833.19 | 4,018.42 | 3.07 |
| 2016-09-30 | 3,824.42 | 3,834.18 | 3.94 |
| 2016-06-30 | 3,714.75 | 3,827.77 | 5.21 |
| 2016-03-31 | 3,687.21 | 3,619.12 | 3.47 |
| 2015-12-31 | 3,671.96 | 3,580.66 | 3.23 |
| 2015-09-30 | 3,675.92 | 3,411.93 | 3.83 |
| 2015-06-30 | 3,584.46 | 3,565.24 | 2.27 |
| 2015-03-31 | 3,315.35 | 3,682.65 | 6.07 |
| 2014-12-31 | 3,301.31 | 3,639.18 | 4.56 |
| 2014-09-30 | 3,277.38 | 3,612.49 | 5.84 |
| 2014-06-30 | 3,130.94 | 3,753.92 | 10.75 |
| 2014-03-31 | 3,105.50 | 3,593.07 | 9.07 |
| 2013-12-31 | 3,068.53 | 3,575.84 | 4.49 |
| 2013-09-30 | 3,037.20 | 3,493.74 | 9.92 |
| 2013-06-30 | 2,939.65 | 3,601.62 | 3.97 |
| 2013-03-31 | 2,923.62 | 3,434.74 | 5.64 |
| 2012-12-31 | 2,910.26 | 3,407.16 | 5.83 |
| 2012-09-30 | 2,898.77 | 3,359.97 | 4.38 |
| 2012-06-30 | 2,794.11 | 3,436.73 | 6.65 |
- Evergy's level of debt (101.9%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has been reduced over the past 5 years (115.7% vs 101.9% today).
- Debt is not well covered by operating cash flow (16.7%, less than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 3.3x coverage).
Financial health checks
We assess Evergy's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Evergy has a total score of 2/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
EVRG Dividends
What is Evergy's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
Evergy
shares you are expected to receive
$65
in your first year as a dividend.
Dividend Amount
- Evergy's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.46%).
- Evergy's dividend is below the markets top 25% of dividend payers in United States of America (3.71%).
Upcoming dividend payment
Purchase Evergy before the 'Buy Limit' to receive their next dividend payment.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 6 Analyst Estimates (S&P Global) | See Below |
| United States of America Electric Utilities Industry Average Dividend Yield | Market Cap Weighted Average of 27 Stocks | 3.4% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 1997 Stocks | 2.5% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.5% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.7% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2023-12-31 | 2.43 | 1.00 |
| 2022-12-31 | 2.30 | 1.00 |
| 2021-12-31 | 2.19 | 5.00 |
| 2020-12-31 | 2.04 | 7.00 |
| 2019-12-31 | 1.91 | 4.00 |
| Date (Data in $) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-05-08 | 1.900 | 3.288 |
| 2019-02-21 | 1.900 | 3.337 |
| 2018-11-07 | 1.900 | 3.274 |
| 2018-08-08 | 1.840 | 3.247 |
| 2018-02-21 | 1.600 | 3.012 |
| 2017-11-22 | 1.600 | 3.050 |
| 2017-08-25 | 1.600 | 3.070 |
| 2017-05-18 | 1.600 | 3.085 |
| 2017-05-09 | 1.600 | 3.084 |
| 2017-02-22 | 1.600 | 2.976 |
| 2016-11-23 | 1.520 | 2.743 |
| 2016-08-26 | 1.520 | 2.696 |
| 2016-05-18 | 1.520 | 2.761 |
| 2016-05-03 | 1.520 | 2.934 |
| 2016-02-24 | 1.520 | 3.162 |
| 2015-11-25 | 1.440 | 3.364 |
| 2015-08-26 | 1.440 | 3.715 |
| 2015-05-20 | 1.440 | 3.971 |
| 2015-02-25 | 1.440 | 3.807 |
| 2014-11-26 | 1.400 | 3.422 |
| 2014-08-27 | 1.400 | 3.846 |
| 2014-05-14 | 1.400 | 3.842 |
| 2014-02-27 | 1.400 | 4.005 |
| 2014-02-26 | 1.400 | 4.067 |
| 2013-11-27 | 1.360 | 4.169 |
| 2013-08-29 | 1.360 | 4.369 |
| 2013-05-16 | 1.360 | 4.214 |
| 2013-03-04 | 1.360 | 4.098 |
| 2013-02-28 | 1.360 | 4.348 |
| 2012-11-21 | 1.320 | 4.486 |
| 2012-11-08 | 1.320 | 4.709 |
| 2012-05-16 | 1.320 | 4.464 |
| 2012-02-23 | 1.320 | 4.731 |
| 2011-11-23 | 1.280 | 4.577 |
| 2011-08-26 | 1.280 | 4.815 |
| 2011-05-18 | 1.280 | 4.892 |
| 2011-02-23 | 1.280 | 4.851 |
| 2010-11-24 | 1.240 | 4.857 |
| 2010-08-26 | 1.240 | 5.038 |
| 2010-05-20 | 1.240 | 5.437 |
| 2010-02-24 | 1.240 | 5.486 |
| 2009-11-25 | 1.200 | 5.554 |
| 2009-08-27 | 1.200 | 5.998 |
| 2009-05-21 | 1.200 | 6.326 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Dividends per share have been stable in the past 10 years.
- Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of
Evergy's earnings are
paid
to the shareholders as a dividend.
- Dividends paid are covered by earnings (1.3x coverage).
- Dividends after 3 years are expected to be covered by earnings (1.5x coverage).
Income/ dividend checks
We assess Evergy's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Evergy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Evergy has a total score of 5/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
EVRG Management
CEO
| COMPENSATION | $6,818,344 |
| AGE | 57 |
| TENURE AS CEO | 0.9 years |
CEO Bio
Mr. Terry D. Bassham has been President and Chief Executive Officer at Westar Energy, Inc. since June 4, 2018 and serves as its Director since June 4, 2018. Mr. Bassham has been President and Chief Executive Officer at Evergy, Inc. since June 2018 and serves as its Director. Mr. Bassham served as Chief Executive Officer of Great Plains Energy Incorporated since June 2012 and its President since May 2011. Mr. Bassham served as Chairman of Kansas City Power & Light Company since May 2013 and has been its Chief Executive Officer since June 01, 2012 and President since 2011. He served as Treasurer of Greater Kansas City Chamber Of Commerce. He has been Chairman of the Board, Chief Executive Officer and President of GMO since May 2013, June 2012 and May 2011 respectively. He serves as Chief Executive Officer, President and Director of Evergy Inc. He served as Chief Operating Officer of Kansas City Power & Light Company from May 2011 to June 1, 2012. He served as an Executive Vice President of Utility Operations for Kansas City Power & Light Company and Great Plains Energy Incorporated from July 2010 to 2011. He served as the Chief Operating Officer of Great Plains Energy Incorporated from 2011 to 2012. He serves as Chairman of the Board, President and Chief Executive Officer at KCP&L Greater Missouri Operations Company since 2011. He served as Executive Vice President of finance and strategic development from 2005 to 2011 and Chief Financial Officer from 2005 to July 2010 of Kansas City Power & Light Company. He served as Executive Vice President of finance and strategic development since 2005 until 2011 and Chief Financial Officer at Great Plains Energy Incorporated from 2005 to July 2010. He served as an Executive Vice President, Chief Financial Officer and Chief Administrative Officer from November 2001 to March 18, 2005; Executive Vice President and General Counsel from August 2000 to November 2001; Vice President and General Counsel from January 1999 to August 2000 and General Counsel since August 1996 at El Paso Electric Co. Mr. Bassham held several positions since joining El Paso Electric in 1996 and has strong regulatory experience. He served as Chairman of Great Plains Energy Incorporated. He has been a Director of Electric Power Research Institute, Inc. since April 08, 2016. He serves as a Director of Kansas City Power & Light Company and Greater Kansas City Chamber Of Commerce. He serves as a Member of Advisory Board at UlitiPoint International, Inc. He has been a Member of the Board of Directors at Commerce Bancshares, Inc., since February 8, 2013. He serves as a Member of Advisory Board at Utilipoint International, Inc. Mr. Bassham holds a BBA - Accounting degree from the University of Texas-Arlington and a Juris Doctorate degree from St. Mary's University Law School, San Antonio, Texas.
CEO Compensation
- Terry's compensation has increased by more than 20% in the past year.
- Terry's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the Evergy management team in years:
- The average tenure for the Evergy management team is less than 2 years, this suggests a new team.
Management Team
Terry Bassham
President
$7M
57
0.9 yrs
Tony Somma
Executive VP & CFO
$2M
55
0.9 yrs
Kevin Bryant
Executive VP & COO
$3M
42
0.9 yrs
Greg Greenwood
Executive VP of Strategy & Chief Administrative Officer
$3M
53
0.9 yrs
Heather Humphrey
Senior VP
$3M
47
0.9 yrs
Charles King
VP & Chief Information Officer
Lori Wright
VP of Corporate Planning
55
Larry Irick
VP, General Counsel & Corporate Secretary
$1M
62
16.3 yrs
Ellen Fairchild
VP & Chief Compliance Officer
56
Michel' Cole
Vice President of Corporate Communications & Public Affairs
56
5.3 yrs
Board of Directors Tenure
Average tenure and age of the Evergy board of directors in years:
- The average tenure for the Evergy board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors
Mark Ruelle
Chairman
$115K
57
Terry Bassham
President
$7M
57
Tony Isaac
Independent Director
$243K
65
16.3 yrs
Sandra A. Lawrence
Independent Director
$353K
60
15.3 yrs
Rick Hawley
Independent Director
$229K
69
8.3 yrs
Tom Hyde
Independent Director
$285K
69
8.3 yrs
Ann Murtlow
Independent Director
$245K
57
6.3 yrs
John Sherman
Independent Director
$271K
63
10.3 yrs
Charlie Chandler
Lead Independent Director
$552K
64
Mollie Carter
Independent Director
$419K
56
16.3 yrs
Who owns this company?
Recent Insider Trading
- Evergy insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 15. Mar 19 | Sell | Gregory Greenwood | Individual | 13. Mar 19 | 15. Mar 19 | -8,000 | $57.75 | $-458,250 | ||
| 15. Mar 19 | Sell | Charles Caisley | Individual | 15. Mar 19 | 15. Mar 19 | -2,632 | $57.57 | $-151,527 | ||
| 28. Feb 19 | Buy | Richard Hawley | Individual | 26. Feb 19 | 26. Feb 19 | 500 | $55.63 | $27,814 | ||
| 07. Dec 18 | Sell | Terry Bassham | Individual | 04. Dec 18 | 04. Dec 18 | -10,940 | $60.56 | $-662,311 | ||
| 15. Nov 18 | Sell | Gregory Greenwood | Individual | 13. Nov 18 | 13. Nov 18 | -4,815 | $59.39 | $-285,968 | ||
| 17. Sep 18 | Sell | Jerl Banning | Individual | 14. Sep 18 | 14. Sep 18 | -8,770 | $57.75 | $-506,433 | ||
| 24. Aug 18 | Sell | Richard Hawley | Individual | 24. Aug 18 | 24. Aug 18 | -2,100 | $57.26 | $-120,246 | ||
| 22. Aug 18 | Sell | Mark Ruelle | Individual | 21. Aug 18 | 21. Aug 18 | -43,500 | $57.58 | $-2,501,898 | ||
| 16. Aug 18 | Sell | Mark Ruelle | Individual | 14. Aug 18 | 15. Aug 18 | -52,250 | $57.75 | $-3,008,514 | ||
Management checks
We assess Evergy's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Evergy has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
EVRG News
Simply Wall St News
Should You Be Worried About Evergy Inc's (NYSE:EVRG) 5.3% Return On Equity?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … One way to conceptualize this, is that for each $1 of shareholders' equity it has, the company made $0.053 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleDoes Evergy Inc's (NYSE:EVRG) Recent Track Record Look Strong?
Understanding how Evergy Inc (NYSE:EVRG) is performing as a company requires looking at more than just a years' earnings. … Today I will run you through a basic sense check to gain perspective on how Evergy is doing by comparing its latest earnings with its long-term trend as well as the performance of its electric utilities industry peers. … Check out our latest analysis for Evergy?
Simply Wall St - – Full articleIs Evergy Inc (NYSE:EVRG) Attractive At This PE Ratio?
Although some investors may jump to the conclusion that you should avoid the stock or sell if you own it, understanding the assumptions behind the P/E ratio might change your mind. … I will break down what the P/E ratio is, how to interpret it and what to watch out for … Breaking down the P/E ratio
Simply Wall St - – Full articleIs Evergy Inc’s (NYSE:EVRG) Cash Outlook Optimistic?
I will take you through Evergy’s cash flow health and the risk-return concept based on the stock’s cash flow yield, using the most recent financial data. … Free cash flow (FCF) is the amount of cash Evergy has left after it pays off its expenses, including its net capital expenditures, which is what the company needs to spend each year to maintain or grow its business operations. … I will be analysing Evergy’s FCF by looking at its FCF yield and its operating cash flow growth.
Simply Wall St - – Full articleWhat Does Evergy Inc's (NYSE:EVRG) Ownership Structure Look Like?
In this article, I will take a quick look at Evergy Inc’s (NYSE:EVRG) recent ownership structure – an unconventional investing subject, but an important one. … The impact of a company's ownership structure affects both its short- and long-term performance. … The effect of an active institutional investor with a similar ownership as a passive pension-fund can be vastly different on a company's corporate governance and accountability to shareholders.
Simply Wall St - – Full articleWill Evergy Inc's (NYSE:EVRG) Earnings Grow Over The Next Year?
Looking at Evergy Inc's (NYSE:EVRG) earnings update in March 2018, … with profits predicted to ramp up by an impressive 76.33% next year, … 5-year average growth rate of 5.45%.
Simply Wall St - – Full articleDoes Evergy Inc (NYSE:EVRG) Have A Place In Your Portfolio?
Evergy Inc (NYSE:EVRG) has returned an average dividend yield of 3.00% annually to shareholders. … Let's dig deeper into whether Evergy should have a place in your portfolio. … View out our latest analysis for Evergy
Simply Wall St - – Full articleIs It Too Late To Buy Evergy Inc (NYSE:EVRG) At Its June Price?
Growth expectations for Evergy Inc (NYSE:EVRG) are high, but many investors are starting to ask whether its last close at $53.97 can still be rationalized by the future potential. … Let’s take a look at some key metrics to determine whether there's any value here for current and potential future investors. … The excitement around Evergy's growth potential is not unfounded
Simply Wall St - – Full articleEVRG Company Info
Description
Evergy, Inc., through its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in Kansas and Missouri. It generates electricity through coal and wind, as well as other renewable, uranium, natural gas and oil, hydroelectric, landfill gas, and solar energy sources. The company has approximately 13,700 circuit miles of transmission lines; 39,700 circuit miles of overhead distribution lines; and 12,500 circuit miles of underground distribution lines. It serves approximately 1.6 million customers, including residences, commercial firms, industrials, municipalities, and other electric utilities. The company was incorporated in 2017 and is headquartered in Kansas City, Missouri.
Details
| Name: | Evergy, Inc. |
| EVRG | |
| Exchange: | NYSE |
| Founded: | 2017 |
| $14,208,972,229 | |
| 244,098,475 | |
| Website: | http://www.evergyinc.com |
| Address: |
Evergy, Inc. 1200 Main Street, Kansas City, Missouri, 64105, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NYSE | EVRG | Common Stock | New York Stock Exchange | US | USD | 01. May 1992 |
Number of employees
Current staff
Industry
| Electric Utilities | |
| Utilities |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/05/16 02:57 |
| End of day share price update: | 2019/05/15 00:00 |
| Last estimates confirmation: | 2019/05/13 |
| Last earnings filing: | 2019/05/08 |
| Last earnings reported: | 2019/03/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
