EvergyEVRG
EVRG
About: Evergy is a regulated electric utility serving eastern Kansas and western Missouri. Major operating subsidiaries include Evergy Metro, Evergy Kansas Central, Evergy Missouri West, and Evergy Transmission Co. The utility has a combined rate base of approximately $20 billion, about half in Kansas and the rest split between Missouri and federal jurisdiction. Evergy is one of the largest wind energy suppliers in the US.
Employees: 4,658
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
83% more call options, than puts
Call options by funds: $21.9M | Put options by funds: $12M
26% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 66
16% more capital invested
Capital invested by funds: $10.6B [Q2] → $12.3B (+$1.74B) [Q3]
2% more funds holding
Funds holding: 690 [Q2] → 707 (+17) [Q3]
1.4% more ownership
Funds ownership: 86.74% [Q2] → 88.14% (+1.4%) [Q3]
9% more repeat investments, than reductions
Existing positions increased: 255 | Existing positions reduced: 235
13% less funds holding in top 10
Funds holding in top 10: 8 [Q2] → 7 (-1) [Q3]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$65
6%
upside
Avg. target
$67
9%
upside
High target
$69
12%
upside
3 analyst ratings
3 positive
100%
0 neutral
0%
0 negative
0%
Mizuho Anthony Crowdell 63% 1-year accuracy 17 / 27 met price target | 9%upside $67 | Outperform Initiated | 29 Oct 2024 |
Barclays Nicholas Campanella 63% 1-year accuracy 45 / 71 met price target | 6%upside $65 | Overweight Maintained | 21 Oct 2024 |
Wells Fargo Sarah Akers 57% 1-year accuracy 8 / 14 met price target | 12%upside $69 | Overweight Maintained | 16 Oct 2024 |
Financial journalist opinion
Based on 5 articles about EVRG published over the past 30 days
Positive
Zacks Investment Research
4 days ago
3 Great Utility Stocks to Buy for Steady Stream of Income
Given their stable performance and capacity to raise shareholder value, investors may bet on NJR, D and EVRG for consistent income.
Positive
Kiplinger
1 week ago
The Best Utility Stocks to Buy
Utility stocks are defensive plays for investors, offering stability and reliable dividends. Here, we look at how you can find the best ones to buy.
Positive
MarketBeat
2 weeks ago
3 Utility Stocks That Will Benefit from Less Regulation
The rally in equities is being fueled, in large part, by optimism for a more business-friendly environment. That includes less of the regulation that has restricted business growth.
Positive
Seeking Alpha
2 weeks ago
My Top 10 High-Yield Dividend Stocks For December 2024
SPY continues its strong run in 2024 with a gain of +5.96% in November. The top 10 stocks on the watchlist for December 2024 offer a 3.34% dividend yield, more than double the S&P 500. My top 10 list of high dividend yield stocks has generated an annualized rate of return of 18.61% since its inception in November 2020.
Positive
The Motley Fool
3 weeks ago
Why I Just Loaded Up on These 2 High-Yield Dividend Stocks
Dividends can be more important than you might think. Some investors might not realize that over the last 30 years, roughly 45% of the S&P 500's (^GSPC 0.30%) total return has stemmed from dividends.
Positive
Seeking Alpha
1 month ago
Evergy: There's Still Time To Buy This Utility Now
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.
Positive
Seeking Alpha
1 month ago
8 Upcoming Dividend Increases
Eight dividend contenders are increasing their dividends this week, with an average increase of 7.1% and a median of 4.4%. My strategy focuses on buying, holding, and adding to companies with consistent dividend growth and outperformance against benchmarks. The list is derived from merging U.S. Dividend Champions data with NASDAQ's upcoming dividend information, ensuring at least five years of dividend growth.
Neutral
Seeking Alpha
1 month ago
Evergy, Inc. (EVRG) Q3 2024 Earnings Call Transcript
Evergy, Inc. (NASDAQ:EVRG ) Q3 2024 Earnings Conference Call November 7, 2022 9:00 AM ET Company Participants Peter Flynn - Director, IR David Campbell - Chairman & CEO Bryan Buckler - EVP & CFO Conference Call Participants Shahriar Pourreza - Guggenheim Partners Julien Dumoulin-Smith - Jefferies Durgesh Chopra - Evercore Michael Sullivan - Wolfe Travis Miller - Morningstar Ryan Levine - Citi Paul Patterson - Glenrock Associates Paul Fremont - Ladenburg Thalmann Operator Good day, and thank you for standing by. Welcome to the Third Quarter 2024 Evergy, Inc. Earnings Conference Call.
Positive
Zacks Investment Research
1 month ago
Evergy's Q3 Earnings Beat Estimates, Revenues Increase Y/Y
EVRG's third-quarter earnings and revenues beat estimates. The company reaffirms its 2024 EPS outlook.
Positive
Zacks Investment Research
1 month ago
Evergy Inc (EVRG) Surpasses Q3 Earnings and Revenue Estimates
Evergy Inc (EVRG) came out with quarterly earnings of $2.02 per share, beating the Zacks Consensus Estimate of $1.95 per share. This compares to earnings of $1.88 per share a year ago.
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