New Risk • Jun 17
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €915k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Significant insider selling over the past 3 months (€915k sold). Declared Dividend • May 20
First quarter dividend of US$0.69 announced Shareholders will receive a dividend of US$0.69. Ex-date: 22nd May 2026 Payment date: 18th June 2026 Dividend yield will be 3.5%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (71% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 26% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Tillkännagivande • May 08
Evergy, Inc. announces Quarterly dividend, payable on June 18, 2026 Evergy, Inc. announced Quarterly dividend of USD 0.6950 per share payable on June 18, 2026, ex-date on May 22, 2026 and record date on May 22, 2026. Tillkännagivande • Apr 16
Evergy, Inc. to Report Q1, 2026 Results on May 07, 2026 Evergy, Inc. announced that they will report Q1, 2026 results Pre-Market on May 07, 2026 Tillkännagivande • Mar 27
Evergy, Inc., Annual General Meeting, May 05, 2026 Evergy, Inc., Annual General Meeting, May 05, 2026. Tillkännagivande • Feb 19
Evergy, Inc. Declares Dividend , Payable on March 20, 2026 Evergy, Inc. declared a dividend on the Company’s common stock of $0.6950 per share payable on March 20, 2026. The dividends are payable to shareholders of record as of March 10, 2026. Tillkännagivande • Jan 29
Evergy, Inc. to Report Q4, 2025 Results on Feb 19, 2026 Evergy, Inc. announced that they will report Q4, 2025 results Pre-Market on Feb 19, 2026 Tillkännagivande • Nov 06
Evergy, Inc. Declares Dividend on Common Stock, Payable on December 19, 2025 Evergy, Inc.'s Board of Directors declared a dividend on the Company’s common stock of $0.6950 per share payable on December 19, 2025. The dividends are payable to shareholders of record as of November 21, 2025. Tillkännagivande • Oct 16
Evergy, Inc. to Report Q3, 2025 Results on Nov 06, 2025 Evergy, Inc. announced that they will report Q3, 2025 results at 9:30 AM, US Eastern Standard Time on Nov 06, 2025 Tillkännagivande • Aug 07
Evergy, Inc. Declares Quarterly Dividend on Common Stock , Payable on September 19, 2025 Evergy, Inc. Board of Directors declared a dividend on the Company’s common stock of $0.6675 per share payable on September 19, 2025. The dividends are payable to shareholders of record as of August 22, 2025. Tillkännagivande • Jul 17
Evergy, Inc. to Report Q2, 2025 Results on Aug 07, 2025 Evergy, Inc. announced that they will report Q2, 2025 results Pre-Market on Aug 07, 2025 Tillkännagivande • May 09
Evergy, Inc. has filed a Follow-on Equity Offering in the amount of $1.2 billion. Evergy, Inc. has filed a Follow-on Equity Offering in the amount of $1.2 billion.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering Tillkännagivande • Apr 17
Evergy, Inc. to Report Q1, 2025 Results on May 08, 2025 Evergy, Inc. announced that they will report Q1, 2025 results Pre-Market on May 08, 2025 Tillkännagivande • Apr 01
Evergy, Inc. Appoints Matt Gummig as Chief Accounting Officer and Principal Accounting Officer, Effective April 2, 2025 Evergy announced that it has promoted one of its executives to the position of chief accounting officer. The company said its board elected Matt Gummig as chief accounting officer and the company's principal accounting officer. He assumes the title effective April 2, 2025, Evergy said in a filing with the Securities and Exchange Commission. Gummig had a head start in the job. He was named interim chief accounting officer and controller in November after Steven Busser announced his retirement after 10 years with Evergy. Gummig previously had been director of external reporting and property accounting. The company said in a November filing that Gummig had worked for the company for nearly 13 years. Before joining Evergy, he was an auditor in the assurance practice of Ernst & Young. Gummig joins a relatively new CFO on the Evergy executive team. W. Bryan Buckler assumed the role of chief financial officer on Oct. 1. Buckler joined Evergy after serving as CFO of OGE Energy Corp. in Oklahoma. He succeeded Kirkland Andrews, who left Evergy in June to become CFO for New York City-based Consolidated Edison Inc. Tillkännagivande • Feb 06
Evergy, Inc. to Report Q4, 2024 Results on Feb 27, 2025 Evergy, Inc. announced that they will report Q4, 2024 results Pre-Market on Feb 27, 2025 Tillkännagivande • Feb 05
Birchtech Corp. Files Patent Infringement Lawsuit Against Evergy, Inc., Evergy Metro Inc., Evergy Missouri West, Inc., and Evergy Kansas Central, Inc Birchtech Corp. announced that it has filed a patent infringement lawsuit in the U.S. District Court for the Western District of Missouri against Evergy. The lawsuit filed on January 23, 2025, names four defendants and claims that the defendants knowingly violated patent rights related to Birchtech’s mercury emissions reduction technologies, commercially known as SEA® (Sorbent Enhancement Additive) Technologies under Birchtech’s division, ME2C Environmental. At Birchtech’s request, the Judicial Panel on Multi-District Litigation ordered this case transferred to the U.S. District Court for the Southern District of Iowa. The four companies named as defendants in the lawsuit include Evergy, Inc., Evergy Metro Inc., Evergy Missouri West, Inc., and Evergy Kansas Central, Inc., for patent infringement. The Company requests a trial by jury against the defendants and seeks damages, costs, and legal expenses, along with a finding of willful infringement by the defendants, and an injunction prohibiting the defendants from further acts of infringement. Recent Insider Transactions • Nov 17
Executive VP & COO recently sold €2.9m worth of stock On the 13th of November, Kevin Bryant sold around 48k shares on-market at roughly €59.51 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Kevin's only on-market trade for the last 12 months. Declared Dividend • Nov 12
Third quarter dividend of US$0.67 announced Shareholders will receive a dividend of US$0.67. Ex-date: 21st November 2024 Payment date: 20th December 2024 Dividend yield will be 4.2%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (69% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 08
Third quarter 2024 earnings released: EPS: US$2.02 (vs US$1.53 in 3Q 2023) Third quarter 2024 results: EPS: US$2.02 (up from US$1.53 in 3Q 2023). Revenue: US$1.81b (up 8.5% from 3Q 2023). Net income: US$465.6m (up 32% from 3Q 2023). Profit margin: 26% (up from 21% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has remained flat. Tillkännagivande • Oct 17
Evergy, Inc. to Report Q3, 2024 Results on Nov 07, 2024 Evergy, Inc. announced that they will report Q3, 2024 results Pre-Market on Nov 07, 2024 Tillkännagivande • Sep 24
Evergy, Inc Announces Board and Committee Appointments On September 20, 2024, the Board of Directors of Evergy, Inc. elected Dean Newton, 54, to serve on the Board effective October 15, 2024, and Jon Rolph, 45, to serve on the Board effective January 1, 2025, each for a term expiring at Evergy’s 2025 annual meeting of shareholders. Mr. Newton will serve on the Operations Committee and Mr. Rolph will serve on the Finance Committee of the Board. The Board determined that each of Mr. Newton and Mr. Rolph is independent and meets the applicable director independence requirements of the Nasdaq Stock Market LLC and Evergy’s director independence standards, as adopted by the Board. Mr. Newton has served as the President and Chief Executive Officer of Delta Dental of Kansas (“Delta Dental”), a nonprofit dental insurance corporation, since 2020; prior to his current role, Mr. Newton served as a Managing Director of Delta Dental from 2014 to 2020, and various other leadership positions at Delta Dental prior thereto, including the Chief Marketing and Sales Officer. Mr. Newton has served as the chair of the board of directors and the President and Chief Executive Officer of Surency Life & Health Insurance Co., a private subsidiary of Delta Dental, since 2020, and various other leadership positions at Surency prior thereto. Mr. Newton also serves on several non-profit boards, including the Kansas Chamber of Commerce. Mr. Newton previously served on the board of directors of CommunityAmerica Credit Union from 2015 to 2023 (including Board Chair 2017-2021), and served in the Kansas House of Representatives from 2000 to 2005. Mr. Newton earned a Bachelor of Arts from the University of Kansas in 1993 and a Juris Doctor from the New York University School of Law in 1996. Mr. Rolph currently serves as the Chief Executive Officer of Thrive Restaurant Group (“Thrive”), which owns and operates over 190 restaurants. Prior to his current role, Mr. Rolph held various other leadership positions at Thrive and its predecessors since joining the company in 2002, including the Chief Operating Officer of Carlos O’Kelly’s, Inc., a restaurant chain owned and operated by Thrive, and Vice President of Administration and Marketing. Mr. Rolph serves on the board of directors of INTRUST Bank, N.A., Centralized Supply Chain Services and Applebee’s Franchise Business Council, and also serves on several non-profit boards, including as Vice-Chair of the Greater Wichita Partnership and of the Kansas Board of Regents. Mr. Rolph earned a bachelor’s degree from Baylor University in 2001. Declared Dividend • Aug 19
Second quarter dividend of US$0.64 announced Shareholders will receive a dividend of US$0.64. Ex-date: 20th August 2024 Payment date: 20th September 2024 Dividend yield will be 4.5%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (79% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 11
Second quarter 2024 earnings released: EPS: US$0.90 (vs US$0.78 in 2Q 2023) Second quarter 2024 results: EPS: US$0.90 (up from US$0.78 in 2Q 2023). Revenue: US$1.45b (up 6.9% from 2Q 2023). Net income: US$207.0m (up 16% from 2Q 2023). Profit margin: 14% (up from 13% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 1.2% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Tillkännagivande • Jul 20
Evergy, Inc. to Report Q2, 2024 Results on Aug 09, 2024 Evergy, Inc. announced that they will report Q2, 2024 results Pre-Market on Aug 09, 2024 Reported Earnings • May 10
First quarter 2024 earnings released: EPS: US$0.53 (vs US$0.62 in 1Q 2023) First quarter 2024 results: EPS: US$0.53 (down from US$0.62 in 1Q 2023). Revenue: US$1.33b (up 2.6% from 1Q 2023). Net income: US$122.7m (down 14% from 1Q 2023). Profit margin: 9.2% (down from 11% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has remained flat. Tillkännagivande • Apr 21
Evergy, Inc. to Report Q1, 2024 Results on May 09, 2024 Evergy, Inc. announced that they will report Q1, 2024 results on May 09, 2024 Tillkännagivande • Apr 03
Evergy, Inc. Files its Triennial Integrated Resource Plan with the Missouri Public Service Commission Evergy, Inc. filed its triennial Integrated Resource Plan with the Missouri Public Service Commission. This outlines the plan to meet customer electricity needs over the next 20 years. It includes additional renewable and dispatchable generation to meet growing customer demand driven by economic development and increased capacity requirements established by the Southwest Power Pool. Companywide over the next 20 years, Evergy projects it will need to add 5,100 megawatts of renewable energy from wind and solar and 5,200 MW of firm, dispatchable generation – including 2,500 MW of new, hydrogen-capable natural gas generation across 2029-2032 – as its service area is experiencing record-setting economic development. The 2024 plan includes 1,900 MW of additional generation over what was anticipated in its 2023 update filing. Evergy evaluates the costs for operating existing plants, adding new supply-side generation, and expanding demand-side programs to develop a plan that has the lowest risk-adjusted cost compared to alternative plans. Reflecting this analysis and consistent with previous plans, the company’s 2024 plan calls for the retirement of more than 4,500 MW of coal-based generation and the continued growth of demand-side programs over that period. In the first five years, the plan includes 143 MW of natural gas generation added to Evergy’s portfolio in 2024 and the addition of 600 MW of solar energy in 2027 and 450 MW in 2028. Evergy serves its customers with a balanced generation portfolio that includes approximately 4,600 MW of renewable energy. Later this year, the company expects to surpass a milestone of generating 150 million megawatt hours of wind energy since the inception of its wind portfolio in the early 2000s. With a commitment to a responsible transition to more sustainable energy sources, to date the company has retired 2,400 MW of fossil-fuel generation. The Integrated Resource Plan filed today at the Missouri Public Service Commission is a triennial filing that includes details related to the Evergy Metro and Evergy Missouri West resource plans. A similar filing will be made in Kansas in May, which will include details related to the Evergy Kansas Central portion of the plan. Tillkännagivande • Mar 29
Evergy, Inc., Annual General Meeting, May 06, 2025 Evergy, Inc., Annual General Meeting, May 06, 2025. Declared Dividend • Mar 04
Fourth quarter dividend of US$0.64 announced Shareholders will receive a dividend of US$0.64. Ex-date: 8th March 2024 Payment date: 22nd March 2024 Dividend yield will be 5.1%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (78% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 01
Full year 2023 earnings released: EPS: US$3.18 (vs US$3.27 in FY 2022) Full year 2023 results: EPS: US$3.18 (down from US$3.27 in FY 2022). Revenue: US$5.51b (down 6.0% from FY 2022). Net income: US$731.3m (down 2.8% from FY 2022). Profit margin: 13% (in line with FY 2022). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Tillkännagivande • Feb 09
Evergy, Inc. to Report Q4, 2023 Results on Feb 29, 2024 Evergy, Inc. announced that they will report Q4, 2023 results Pre-Market on Feb 29, 2024 Upcoming Dividend • Nov 14
Upcoming dividend of US$0.64 per share at 5.3% yield Eligible shareholders must have bought the stock before 21 November 2023. Payment date: 20 December 2023. Payout ratio is on the higher end at 83% but the company is not cash flow positive. Trailing yield: 5.3%. Within top quartile of German dividend payers (5.0%). In line with average of industry peers (5.7%). Reported Earnings • Nov 08
Third quarter 2023 earnings released: EPS: US$1.53 (vs US$1.86 in 3Q 2022) Third quarter 2023 results: EPS: US$1.53 (down from US$1.86 in 3Q 2022). Revenue: US$1.67b (down 13% from 3Q 2022). Net income: US$351.6m (down 18% from 3Q 2022). Profit margin: 21% (down from 22% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 4.7% decline forecast for the Electric Utilities industry in Europe. Tillkännagivande • Oct 18
Evergy, Inc. to Report Q3, 2023 Results on Nov 07, 2023 Evergy, Inc. announced that they will report Q3, 2023 results Pre-Market on Nov 07, 2023 Tillkännagivande • Oct 01
Evergy, Inc. Reaches Unanimous Settlement with Parties to Kansas Rate Case Evergy, Inc. announced that a unanimous agreement has been reached with parties to its Kansas rate case. The agreement was filed Friday with the Kansas Corporation Commission and must be approved by the state’s Commissioners, who are scheduled to issue an order in December. If the agreement is approved, Evergy Kansas Central will implement a net increase of $74.0 million and Evergy Kansas Metro will have a net decrease of $32.9 million. Costs for residential customers in Evergy Kansas Central, which includes Topeka, Pittsburg, Wichita, Hutchinson and other communities in the eastern third of the state, will increase about 4.05%, which translates to an increase of approximately $4.64 per month for the average residential customer. For Evergy Kansas Metro, which includes Lenexa, Overland Park and other communities near the Kansas City metro area, rates for residential customers will decrease about 4.75%, and the average residential customer will pay about $6.07 less per month. Buying Opportunity • Sep 12
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 9.7%. The fair value is estimated to be €63.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Earnings per share has grown by 5.8%. For the next 3 years, revenue is forecast to grow by 2.2% per annum. Earnings is also forecast to grow by 7.5% per annum over the same time period. Reported Earnings • Aug 06
Second quarter 2023 earnings released: EPS: US$0.78 (vs US$0.85 in 2Q 2022) Second quarter 2023 results: EPS: US$0.78 (down from US$0.85 in 2Q 2022). Revenue: US$1.35b (down 6.4% from 2Q 2022). Net income: US$179.1m (down 7.9% from 2Q 2022). Profit margin: 13% (in line with 2Q 2022). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 3.9% decline forecast for the Electric Utilities industry in Europe. Tillkännagivande • Jul 15
Evergy, Inc. to Report Q2, 2023 Results on Aug 04, 2023 Evergy, Inc. announced that they will report Q2, 2023 results Pre-Market on Aug 04, 2023 Board Change • Jul 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Neal Sharma was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Jun 14
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Neal Sharma was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Jun 13
Evergy, Inc. Announces Executive Changes On June 9, 2023, the Board of Directors of Evergy, Inc. elected Neal A. Sharma, 46, to serve on the Board effective June 9, 2023, for a term expiring at Evergy's 2024 annual meeting of shareholders. Mr. Sharma has not been appointed to any Board committees in connection with his election to the Board. Determinations regarding the Board committees, if any, to which Mr. Sharma may be appointed in the future will be made in accordance with Evergy's usual practices. The Board determined that Mr. Sharma is independent and meets the applicable director independence requirements of the Nasdaq Stock Market LLC and Evergy's director independence standards, as adopted by the Board. Mr. Sharma co-founded Digital Evolution Group (“DEG”), a full-service digital marketing and commerce agency which was sold in 2018. From 2018 until 2022, he continued to serve as Chief Executive Officer of DEG, now part of global agency holding company, Dentsu Group, Inc. Mr. Sharma has served as President, Dentsu Shop since January 2022 in a solutions-oriented advisory role, and also serves in an advisory capacity to startup companies in which he invests and on several non-profit boards, including MRI Global and the Truman Library Institute. Mr. Sharma earned a bachelor’s degree from American University in 1998 and a Master of Business Administration degree from the University of Kansas in 2001. Recent Insider Transactions • May 28
Senior VP recently sold €71k worth of stock On the 25th of May, Lesley Elwell sold around 1k shares on-market at roughly €53.77 per share. This transaction amounted to 98% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €1.3m. Insiders have been net sellers, collectively disposing of €1.5m more than they bought in the last 12 months. Tillkännagivande • May 24
Evergy, Inc. (NYSE:EVRG) completed the acquisition of 199-megawatt Persimmon Creek Wind Farm in western Oklahoma from Elawan Energy, S.L. and Scout Clean Energy, LLC. Evergy, Inc. (NYSE:EVRG) entered into an agreement to acquire 199-megawatt Persimmon Creek Wind Farm in western Oklahoma from Elawan Energy, S.L. and Scout Clean Energy, LLC for approximately $250 million on August 9, 2022. The transaction remains subject to closing conditions, including regulatory approvals. The acquisition is expected to close by early 2023. Evergy’s legal advisor on the transaction was John Klauberg, Laura Neumeister Wright, Dan Skees, Paul Williams, Ella Foley Gannon and Paul Gordon of Morgan, Lewis & Bockius LLP and Scout and Elawan’s legal advisor was McDermott Will & Emery LLP.
Evergy, Inc. (NYSE:EVRG) completed the acquisition of 199-megawatt Persimmon Creek Wind Farm in western Oklahoma from Elawan Energy, S.L. and Scout Clean Energy, LLC on May 23, 2023. Recent Insider Transactions • May 17
Independent Director recently sold €145k worth of stock On the 12th of May, Sandra A. Lawrence sold around 3k shares on-market at roughly €57.39 per share. This transaction amounted to 84% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €1.3m. Insiders have been net sellers, collectively disposing of €1.6m more than they bought in the last 12 months. Reported Earnings • May 07
First quarter 2023 earnings released: EPS: US$0.62 (vs US$0.53 in 1Q 2022) First quarter 2023 results: EPS: US$0.62 (up from US$0.53 in 1Q 2022). Revenue: US$1.30b (up 6.0% from 1Q 2022). Net income: US$142.6m (up 16% from 1Q 2022). Profit margin: 11% (up from 10.0% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 3.4% decline forecast for the Electric Utilities industry in Europe. Recent Insider Transactions • Mar 12
Executive VP & COO recently sold €1.3m worth of stock On the 9th of March, Kevin Bryant sold around 23k shares on-market at roughly €56.54 per share. This transaction amounted to 41% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Kevin's only on-market trade for the last 12 months. Reported Earnings • Feb 26
Full year 2022 earnings released: EPS: US$3.27 (vs US$3.84 in FY 2021) Full year 2022 results: EPS: US$3.27 (down from US$3.84 in FY 2021). Revenue: US$5.86b (up 4.9% from FY 2021). Net income: US$752.7m (down 14% from FY 2021). Profit margin: 13% (down from 16% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 2.7% decline forecast for the Electric Utilities industry in Europe. Tillkännagivande • Feb 18
S. Carl Soderstrom, Jr. Notifies Evergy, Inc. of His Decision Not to Stand for Re-Election On February 13, 2023, and following over 12 years of service, S. Carl Soderstrom, Jr. notified Evergy, Inc. of his decision not to stand for re-election to the board of directors of the Company (the “Board”) at the 2023 annual meeting of shareholders, and will retire from the Board, effective at the end of his term on May 2, 2023. Mr. Soderstrom advised the Company that his decision not to stand for reelection was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices. At this time, the Company does not anticipate appointing a replacement to fill the vacancy that will be created following Mr. Soderstrom’s departure. Mr. Soderstrom intends to continue to serve as a member of the Audit Committee, the Nominating, Governance, and Sustainability Committee, and the Safety and Power Delivery Committee of the Board through the annual shareholder meeting in May 2023. The Company wishes to express its appreciation for Mr. Soderstrom’s more than 12 years of service as a board member. Tillkännagivande • Feb 06
Evergy, Inc. to Report Q4, 2022 Results on Feb 24, 2023 Evergy, Inc. announced that they will report Q4, 2022 results Pre-Market on Feb 24, 2023 Tillkännagivande • Jan 27
Global Location Strategies acquired LocationOne and Lasso from Evergy, Inc. (NasdaqGS:EVRG). Global Location Strategies acquired LocationOne and Lasso from Evergy, Inc. (NasdaqGS:EVRG) on January 25, 2023. GLS purchased Evergy's shares of the Lasso and LOIS applications to assume full ownership.
Global Location Strategies completed the acquisition of LocationOne and Lasso from Evergy, Inc. (NasdaqGS:EVRG) on January 25, 2023. Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Jim Scarola was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Nov 10
Upcoming dividend of US$0.61 per share Eligible shareholders must have bought the stock before 17 November 2022. Payment date: 20 December 2022. Payout ratio is a comfortable 66% but the company is not cash flow positive. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (4.6%). Reported Earnings • Nov 05
Third quarter 2022 earnings released: EPS: US$1.86 (vs US$1.96 in 3Q 2021) Third quarter 2022 results: EPS: US$1.86 (down from US$1.96 in 3Q 2021). Revenue: US$1.91b (up 18% from 3Q 2021). Net income: US$428.2m (down 4.7% from 3Q 2021). Profit margin: 22% (down from 28% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Buying Opportunity • Oct 01
Now 22% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €78.54, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 2.2% per annum. Earnings is also forecast to grow by 5.5% per annum over the same time period. Upcoming Dividend • Aug 11
Upcoming dividend of US$0.57 per share Eligible shareholders must have bought the stock before 18 August 2022. Payment date: 20 September 2022. Payout ratio is a comfortable 63% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (4.2%). Reported Earnings • Aug 05
Second quarter 2022 earnings released: EPS: US$0.85 (vs US$0.81 in 2Q 2021) Second quarter 2022 results: EPS: US$0.85 (up from US$0.81 in 2Q 2021). Revenue: US$1.45b (up 17% from 2Q 2021). Net income: US$194.5m (up 5.0% from 2Q 2021). Profit margin: 13% (down from 15% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to stay flat compared to a 4.8% decline forecast for the industry in Germany. Buying Opportunity • Jun 17
Now 22% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €74.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.8% over the last 3 years. Earnings per share has grown by 16%. For the next 3 years, revenue is forecast to grow by 2.4% per annum. Earnings is also forecast to grow by 5.2% per annum over the same time period. Board Change • Jun 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Jim Scarola was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • May 26
Independent Director recently sold €64k worth of stock On the 25th of May, Sandra A. Lawrence sold around 1k shares on-market at roughly €64.48 per share. In the last 3 months, there was an even bigger sale from another insider worth €69k. Despite this recent sale, insiders have collectively bought €698k more than they sold in the last 12 months. Upcoming Dividend • May 12
Upcoming dividend of US$0.57 per share Eligible shareholders must have bought the stock before 19 May 2022. Payment date: 20 June 2022. Payout ratio is a comfortable 63% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.2%). Lower than average of industry peers (4.2%). Reported Earnings • May 06
First quarter 2022 earnings released: EPS: US$0.53 (vs US$0.84 in 1Q 2021) First quarter 2022 results: EPS: US$0.53 (down from US$0.84 in 1Q 2021). Revenue: US$1.22b (down 24% from 1Q 2021). Net income: US$122.5m (down 36% from 1Q 2021). Profit margin: 10.0% (down from 12% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 4.1%, compared to a 3.2% growth forecast for the industry in Germany. Tillkännagivande • Apr 15
Evergy, Inc. to Report Q1, 2022 Results on May 05, 2022 Evergy, Inc. announced that they will report Q1, 2022 results Pre-Market on May 05, 2022 Recent Insider Transactions • Mar 11
Senior VP & CTO recently sold €69k worth of stock On the 10th of March, Charles King sold around 1k shares on-market at roughly €57.49 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €462k more than they sold in the last 12 months. Reported Earnings • Feb 26
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$3.84 (up from US$2.72 in FY 2020). Revenue: US$5.59b (up 14% from FY 2020). Net income: US$879.7m (up 42% from FY 2020). Profit margin: 16% (up from 13% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 7.2%. Over the next year, revenue is expected to shrink by 5.0% compared to a 7.5% growth forecast for the industry in Germany. Tillkännagivande • Feb 08
Evergy, Inc. to Report Q4, 2021 Results on Feb 25, 2022 Evergy, Inc. announced that they will report Q4, 2021 results Pre-Market on Feb 25, 2022 Upcoming Dividend • Nov 11
Upcoming dividend of US$0.57 per share Eligible shareholders must have bought the stock before 18 November 2021. Payment date: 20 December 2021. Trailing yield: 3.5%. Within top quartile of German dividend payers (3.2%). In line with average of industry peers (3.8%). Reported Earnings • Nov 04
Third quarter 2021 earnings released: EPS US$1.96 (vs US$1.60 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$1.62b (up 6.5% from 3Q 2020). Net income: US$449.4m (up 23% from 3Q 2020). Profit margin: 28% (up from 24% in 3Q 2020). The increase in margin was driven by higher revenue. Recent Insider Transactions • Sep 24
Executive VP & CFO recently bought €427k worth of stock On the 23rd of September, Kirkland Andrews bought around 8k shares on-market at roughly €54.25 per share. This was the largest purchase by an insider in the last 3 months. Kirkland has been a buyer over the last 12 months, purchasing a net total of €870k worth in shares. Upcoming Dividend • Aug 12
Upcoming dividend of US$0.54 per share Eligible shareholders must have bought the stock before 19 August 2021. Payment date: 20 September 2021. Trailing yield: 3.2%. Within top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.8%). Reported Earnings • Aug 06
Second quarter 2021 earnings released: EPS US$0.81 (vs US$0.59 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$1.24b (up 4.3% from 2Q 2020). Net income: US$185.3m (up 39% from 2Q 2020). Profit margin: 15% (up from 11% in 2Q 2020). Tillkännagivande • May 29
Evergy, Inc. Files Its First Integrated Resource Plan with the Kansas Corporation Commission Evergy, Inc. filed its first Integrated Resource Plan (IRP) with the Kansas Corporation Commission. The plan prioritizes sustainability, reliability and cost competitiveness with retirement of 1,200 megawatts of coal-based fossil generation and the addition of 3,200 MW of renewable generation in the next 10 years. The filing includes the same forecasted generation additions and retirements announced in April when Evergy filed its IRP with the Missouri Public Service Commission. The transition toward more sustainable energy sources advances Evergy’s goal to reduce carbon emissions 70% by 2030 (relative to 2005 levels) and achieve net-zero carbon emissions by 2045, assuming technology, regulatory, and legislative enablers have advanced to facilitate this goal. Within the next three years, the company will retire its Lawrence (KS) Energy Center and add 700 MW of solar energy. Continuing recent trends, Evergy expects its coal plants will run fewer hours as their energy is increasingly displaced by lower cost renewable resources. At the same time, the reliability challenges driven by the extreme weather of February 2021 demonstrated the value of dispatchable generation with fuel on the ground. The phased transition approach in the IRP provides Evergy the ability to adjust planned additions and retirements based on evolving market, technology, and policy dynamics. As the company’s older fossil-fueled plants near the end of their useful lives, Evergy will continue to responsibly manage these assets for the benefit of customers while allowing advancing and emerging technology to develop. Evergy will also continue its focus on people, offering opportunities for employees at retiring generation facilities to learn new skills and fill different roles at the company. IRP is a triennial filing that establishes a clear implementation plan through the next triennial filing in 2024 and describes expectations for meeting longer-term customer energy needs through 2040. The Plan was developed through an extensive regulatory stakeholder process to meet the diverse needs of the company’s customers and communities. The IRP is central to Evergy’s Sustainability Transformation Plan (STP), the company’s strategic plan guiding decisions through 2024, and continues the company’s transition toward a more sustainable energy company. Recent Insider Transactions • May 16
Insider recently sold €182k worth of stock On the 13th of May, Charles Caisley sold around 4k shares on-market at roughly €52.10 per share. In the last 3 months, there was an even bigger sale from another insider worth €1.4m. Insiders have been net sellers, collectively disposing of €1.1m more than they bought in the last 12 months. 
