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Evergy Amends Mortgage for Greater Financial Flexibility

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Evergy Amends Mortgage for Greater Financial Flexibility

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The latest announcement is out from Evergy ( (EVRG) ).

On November 25, 2025, Evergy Kansas Central executed a Supplemental Indenture with The Bank of New York Mellon Trust Company, which amends the original Mortgage and Deed of Trust from 1939. This amendment allows for the release of mortgaged property under specific conditions, the issuance of new first mortgage bonds up to 70% of the net bondable value of property additions, and the removal of several financial tests and requirements previously in place. These changes are designed to provide greater flexibility in managing the company’s financial and operational strategies, potentially impacting stakeholders by altering the company’s debt management and property release capabilities.

The most recent analyst rating on (EVRG) stock is a Buy with a $89.00 price target. To see the full list of analyst forecasts on Evergy stock, see the EVRG Stock Forecast page.

Spark’s Take on EVRG Stock

According to Spark, TipRanks’ AI Analyst, EVRG is a Neutral.

Evergy’s overall stock score reflects strong profitability and stable operations, supported by positive technical indicators and a reasonable valuation. Challenges in revenue growth and cash flow, along with weather-related impacts, are notable risks. However, the company’s strategic focus on regulatory progress and economic development provides a positive outlook.

To see Spark’s full report on EVRG stock, click here.

More about Evergy

Average Trading Volume: 2,173,026

Technical Sentiment Signal: Buy

Current Market Cap: $17.73B

Learn more about EVRG stock on TipRanks’ Stock Analysis page.

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