Evergy Inc

Evergy Inc Stock Forecast & Price Prediction

Live Evergy Inc Stock (EVRG) Price
$60.33

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$60.33

P/E Ratio

18.85

Volume Traded Today

$2.4M

Dividend

$0.6425

52 Week High/low

62.58/47.46

Evergy Inc Market Cap

$13.87B

๐Ÿ›‘ Alert: These ten stocks could have higher potential than $EVRG ๐Ÿ›‘

Before you buy EVRG you'll want to see this list of ten stocks that have huge potential. Want to see if EVRG made the cut? Enter your email below

EVRG Summary

Based on ratings from 0 stock analysts, the Evergy Inc stock price is expected to increase by 5.07% in 12 months. This is calculated by using the average 12-month stock price forecast for Evergy Inc. The lowest target is $56 and the highest is $70. Please note analyst price targets are not guaranteed and could be missed completely.

EVRG Analyst Ratings

About 0 Wall Street analysts have assigned EVRG 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Evergy Inc to perform worse than the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on EVRG. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

EVRG stock forecast by analyst

These are the latest 20 analyst ratings of EVRG.

Analyst/Firm

Rating

Price Target

Change

Date

Julien Dumoulin-Smith
Jefferies

Buy

$70

Initiates

Sep 19, 2024
Nicholas Campanella
Barclays

Overweight

$64

Maintains

Aug 13, 2024
Nicholas Campanella
Barclays

Overweight

$61

Maintains

May 14, 2024
Sarah Akers
Wells Fargo

Overweight

$62

Maintains

May 10, 2024
Paul Fremont
Ladenburg Thalmann

Neutral

$51

Initiates

Apr 4, 2024
Ryan Levine
Citigroup

Buy

$64

Initiates

Mar 26, 2024
Nicholas Campanella
Barclays

Overweight

$55

Maintains

Mar 14, 2024
Julien Dumoulin-Smith
B of A Securities

Buy

$57

Upgrade

Mar 13, 2024
Sarah Akers
Wells Fargo

Overweight

$57

Maintains

Mar 1, 2024
Shahriar Pourreza
Guggenheim

Neutral

$52

Downgrade

Jan 22, 2024
Nicholas Campanella
Barclays

Overweight

$54

Maintains

Jan 22, 2024
Julien Dumoulin-Smith
B of A Securities

Neutral

$51

Maintains

Jan 19, 2024
Sarah Akers
Wells Fargo

Overweight

$60

Upgrade

Jan 9, 2024
Julien Dumoulin-Smith
B of A Securities

Neutral

$49

Upgrade

Oct 3, 2023
Steve Fleishman
Wolfe Research

Peer Perform


Downgrade

Sep 11, 2023
Nicholas Campanella
Barclays

Equal-Weight

$56

Initiates

Aug 23, 2023
Daniel Ford
UBS

Neutral

$62

Maintains

May 19, 2023
Julien Dumoulin-Smith
B of A Securities

Underperform

$59

Maintains

Apr 14, 2023
Sarah Akers
Wells Fargo

Equal-Weight

$66

Maintains

Jan 30, 2023
Nicholas Campanella
Credit Suisse

Underperform

$57

Downgrade

Nov 29, 2022

EVRG Company Information

What They Do: Provides electricity generation and distribution services.

Business Model: Evergy generates revenue by producing and selling electricity through a diverse mix of sources, including coal, natural gas, and renewable energy. The company serves a wide range of customers, including residential, commercial, industrial, and municipal sectors.

Other Information: Incorporated in 2017, Evergy is headquartered in Kansas City, Missouri, and operates within the U.S. energy sector, positioning itself to meet growing electricity demand while also focusing on renewable energy initiatives.

When did it IPO

2018

Staff Count

4,658

Country

United States

Sector/Industry

Utilities/Utilities - Regulated Electric

CEO

Mr. David A. Campbell

Market Cap

$13.87B

Evergy Inc (EVRG) Financial Data

In 2023, EVRG generated $5.51B in revenue, which was a decrease of -5.99% from the previous year. This can be seen as a signal that EVRG's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$4.91B

Revenue From 2021

$5.59B

13.70 %
From Previous Year

Revenue From 2022

$5.86B

4.88 %
From Previous Year

Revenue From 2023

$5.51B

-5.99 %
From Previous Year
  • Revenue TTM $5.64B
  • Operating Margin TTM 24.4%
  • Gross profit TTM $2.77B
  • Return on assets TTM 2.5%
  • Return on equity TTM 7.8%
  • Profit Margin 13.1%
  • Book Value Per Share 42.20%
  • Market capitalisation $13.87B
  • Revenue for 2021 $5.59B
  • Revenue for 2022 $5.86B
  • Revenue for 2023 $5.51B
  • EPS this year (TTM) $3.20

Evergy Inc (EVRG) Latest News

News Image

Tue, 24 Sep 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Evergy, Inc. announced the appointments of Dean Newton and Jon Rolph to its Board of Directors, effective Oct. 15, 2024, and Jan. 1, 2025, respectively. Newton is CEO of Delta Dental of Kansas.

Why It Matters - New board appointments can signal changes in strategy or governance, potentially impacting Evergy's future performance and investor confidence.

News Image

Fri, 20 Sep 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - EVRG demonstrates strong investment potential due to its growth prospects, effective debt management, and ability to enhance shareholder value through dividends.

Why It Matters - EVRG's growth potential, effective debt management, and commitment to increasing dividends signal a promising investment opportunity, enhancing shareholder value.

News Image

Fri, 20 Sep 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - WEC and EVRG maintain operational efficiency and continue to deliver reliable services to their customers.

Why It Matters - Efficient operations and reliable service from WEC and EVRG indicate strong operational health, potentially leading to stable revenues and investor confidence in these companies.

News Image

Thu, 19 Sep 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - The Fed has cut interest rates after four years, potentially benefiting top utilities NGG, AWK, and EVRG, which have long-term investment strategies.

Why It Matters - The Fed's interest rate cut can lower borrowing costs, benefiting utilities like NGG, AWK, and EVRG, which may attract investors seeking stable returns and growth potential.

News Image

Thu, 12 Sep 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Evergy Inc (EVRG) and NiSource (NI) have been evaluated against their sector's performance for the year to date. Further details on their specific performance were not provided.

Why It Matters - Performance comparisons highlight relative strength or weakness of Evergy Inc and NiSource within their sector, influencing investment decisions and portfolio allocations.

News Image

Thu, 12 Sep 2024

Sentiment - NEUTRAL

Source - Benzinga

Summary - BofA Securities analyst Ross Fowler has reinstated coverage on four utilities in the Great Plains region of the US.

Why It Matters - Analyst coverage can influence investor sentiment and stock prices; BofA's reinstatement may signal renewed confidence in these utilities, impacting investment decisions in the sector.

...

EVRG Frequently asked questions

The highest forecasted price for EVRG is $70 from at Guggenheim.

The lowest forecasted price for EVRG is $56 from from Goldman Sachs

The EVRG analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.