Evergy (NASDAQ:EVRG) Updates FY 2025 Earnings Guidance

Evergy (NASDAQ:EVRG) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 3.920-4.120 for the period, compared to the consensus EPS estimate of 4.030. The company issued revenue guidance of -.

Evergy Trading Down 0.0 %

Shares of NASDAQ:EVRG traded down $0.03 during mid-day trading on Friday, hitting $68.53. The company had a trading volume of 860,772 shares, compared to its average volume of 1,869,956. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.55 and a quick ratio of 0.32. The company has a market capitalization of $15.76 billion, a PE ratio of 18.51, a price-to-earnings-growth ratio of 2.82 and a beta of 0.66. The firm has a fifty day moving average price of $63.85 and a 200 day moving average price of $62.12. Evergy has a one year low of $48.60 and a one year high of $69.90.

Evergy (NASDAQ:EVRG) last issued its quarterly earnings results on Thursday, February 27th. The company reported $0.35 EPS for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.11). The firm had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $1.24 billion. Evergy had a net margin of 14.77% and a return on equity of 8.77%. As a group, research analysts forecast that Evergy will post 3.83 EPS for the current year.

Evergy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Monday, March 10th will be given a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a yield of 3.90%. Evergy’s payout ratio is 72.16%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on EVRG shares. Barclays reduced their price target on Evergy from $65.00 to $62.00 and set an “overweight” rating for the company in a report on Monday, January 27th. LADENBURG THALM/SH SH raised Evergy from a “neutral” rating to a “buy” rating and raised their price target for the company from $59.00 to $68.50 in a report on Thursday, January 2nd. Finally, Guggenheim raised Evergy from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $65.36.

About Evergy

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, other renewable sources. It serves residences, commercial firms, industrials, municipalities, and other electric utilities.