NYSE:EVRG

Stock Analysis Report

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Executive Summary

Evergy, Inc., through its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in Kansas and Missouri. More Details


Snowflake Analysis

6 star dividend payer and fair value.


Similar Companies

Share Price & News

How has Evergy's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: EVRG is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: EVRG's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-0.9%

EVRG

-0.4%

US Electric Utilities

2.3%

US Market


1 Year Return

-24.6%

EVRG

-7.4%

US Electric Utilities

23.7%

US Market

Return vs Industry: EVRG underperformed the US Electric Utilities industry which returned -7.1% over the past year.

Return vs Market: EVRG underperformed the US Market which returned 22.6% over the past year.


Shareholder returns

EVRGIndustryMarket
7 Day-0.9%-0.4%2.3%
30 Day1.9%3.9%4.7%
90 Day-4.6%-0.3%14.5%
1 Year-21.9%-24.6%-4.3%-7.4%26.5%23.7%
3 Year15.6%4.8%25.6%15.0%45.0%35.4%
5 Year44.6%23.5%42.9%22.5%126.2%100.9%

Long-Term Price Volatility Vs. Market

How volatile is Evergy's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

19.37x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: EVRG ($53.8) is trading above our estimate of fair value ($53.42)

Significantly Below Fair Value: EVRG is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: EVRG is good value based on its PE Ratio (19.4x) compared to the US Electric Utilities industry average (19.6x).

PE vs Market: EVRG is good value based on its PE Ratio (19.4x) compared to the US market (21.1x).


Price to Earnings Growth Ratio

PEG Ratio: EVRG is poor value based on its PEG Ratio (2.6x)


Price to Book Ratio

PB vs Industry: EVRG is good value based on its PB Ratio (1.4x) compared to the US Electric Utilities industry average (1.7x).


Next Steps

Future Growth

How is Evergy forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

7.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EVRG's forecast earnings growth (7.5% per year) is above the savings rate (2%).

Earnings vs Market: EVRG's earnings (7.5% per year) are forecast to grow slower than the US market (21.6% per year).

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

Revenue vs Market: EVRG's revenue (2.1% per year) is forecast to grow slower than the US market (10.6% per year).

High Growth Revenue: EVRG's revenue (2.1% 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 (8.4%).


Next Steps

Past Performance

How has Evergy performed over the past 5 years?

19.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EVRG has high quality earnings.

Growing Profit Margin: EVRG's current net profit margins (12.7%) are higher than last year (12%).


Past Earnings Growth Analysis

Earnings Trend: EVRG's earnings have grown by 19.4% per year over the past 5 years.

Accelerating Growth: EVRG's earnings growth over the past year (1%) is below its 5-year average (19.4% per year).

Earnings vs Industry: EVRG earnings growth over the past year (1%) underperformed the Electric Utilities industry 6.1%.


Return on Equity

High ROE: EVRG's Return on Equity (7.3%) is considered low.


Next Steps

  • Explore strong past performing companies in the Utilities industry.

Financial Health

How is Evergy's financial position?


Financial Position Analysis

Short Term Liabilities: EVRG's short term assets ($1.9B) do not cover its short term liabilities ($2.1B).

Long Term Liabilities: EVRG's short term assets ($1.9B) do not cover its long term liabilities ($16.0B).


Debt to Equity History and Analysis

Debt Level: EVRG's debt to equity ratio (114.9%) is considered high.

Reducing Debt: EVRG's debt to equity ratio has increased from 92.9% to 114.9% over the past 5 years.

Debt Coverage: EVRG's debt is not well covered by operating cash flow (17.1%).

Interest Coverage: EVRG's interest payments on its debt are well covered by EBIT (3x coverage).


Balance Sheet


Next Steps

Dividend

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

3.98%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: EVRG's dividend (3.98%) is higher than the bottom 25% of dividend payers in the US market (1.38%).

High Dividend: EVRG's dividend (3.98%) is in the top 25% of dividend payers in the US market (3.87%)


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 (72.7%), 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 (66.7% payout ratio).


Next Steps

Management

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

2.6yrs

Average management tenure


CEO

David Campbell (52 yo)

no data

Tenure

Mr. David A. Campbell J.D, has been President, Chief Executive Officer & Director at Evergy, Inc., Evergy Kansas Central, Inc. and Evergy Metro, Inc. since January 04, 2021. He has been Chief Financial Off...


Leadership Team

NamePositionTenureCompensationOwnership
Anthony Somma
Executive VP & CFO2.58yrsUS$1.99m0.022%
$ 2.7m
Kevin Bryant
Executive VP & COO2.58yrsUS$2.05m0.013%
$ 1.6m
Gregory Greenwood
Executive VP of Strategy & Chief Administrative Officer2.58yrsUS$2.21m0.012%
$ 1.4m
Heather Humphrey
Senior VP2.58yrsUS$1.70m0.021%
$ 2.6m
David Campbell
Presidentno datano data0.024%
$ 2.9m
Charles King
Senior VP & CTO0.92yrno data0.0032%
$ 392.6k
Lori Wright
VP of Corporate Planningno datano datano data
Ellen Fairchild
VP & Chief Compliance Officerno datano datano data
Gina Penzig
Manager of External Communicationsno datano datano data
Charles Caisley
Senior VP of Marketing & Public Affairs and Chief Customer Officer2.58yrsno data0.011%
$ 1.3m
Jerl Banning
Senior VP & Chief People Officer2.58yrsno data0.014%
$ 1.7m
Cleve Reasoner
VP & Chief Nuclear Officerno datano datano data

2.6yrs

Average Tenure

55yo

Average Age

Experienced Management: EVRG's management team is considered experienced (2.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
David Campbell
Presidentno datano data0.024%
$ 2.9m
Mark Ruelle
Chairman of the Boardno dataUS$350.33k0.044%
$ 5.3m
Thomas Hyde
Lead Independent Director10yrsUS$283.65k0.0012%
$ 148.3k
S. Soderstrom
Independent Director11yrsUS$227.97k0.0083%
$ 1.0m
Mollie Carter
Independent Director18yrsUS$243.30k0.000020%
$ 2.4k
Ann Murtlow
Independent Director8yrsUS$242.97k0.0015%
$ 177.4k
John Stall
Independent Director1.83yrsUS$203.64k0.0030%
$ 364.6k
Sandra A. Lawrence
Independent Director17yrsUS$248.14k0.0012%
$ 150.7k
Richard Hawley
Independent Director10yrsUS$227.97k0.0091%
$ 1.1m
B. Isaac
Independent Director18yrsUS$252.97k0.018%
$ 2.2m
Sandra Price
Independent Director5yrsUS$237.97kno data
Paul Keglevic
Independent Director0.83yrno datano data

10.0yrs

Average Tenure

63.5yo

Average Age

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: EVRG insiders have only sold shares 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 company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Evergy, Inc.
  • Ticker: EVRG
  • Exchange: NYSE
  • Founded: 2017
  • Industry: Electric Utilities
  • Sector: Utilities
  • Market Cap: US$12.154b
  • Shares outstanding: 226.83m
  • Website: https://www.evergyinc.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EVRGNYSE (New York Stock Exchange)YesCommon StockUSUSDMay 1992
E1VR34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH 2 REPR 1 COMBRBRLJan 2020

Biography

Evergy, Inc., through its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in Kansas and Missouri. It generates electricity through coal, nuclear, natural gas an...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/22 23:14
End of Day Share Price2021/01/22 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.