Evergy (EVRG) AI Stock Analysis

• Market Cap: $17.75B
• Dividend Yield: 3.53%
• Average Volume (3M): 2.16M
• Price to Earnings (P/E): 21.2
• Beta (1Y): 0.14
• Revenue Growth: 0.11%
• EPS Growth: -0.52%
• Country: US
• Employees: 4,731
• Sector: Utilities
• Sector Strength: 65
• Industry: Regulated Electric
• EPS (TTM): 2.03
• Shares Outstanding: 230,214,140
• 10 Day Avg. Volume: 2,574,158
• 30 Day Avg. Volume: 2,161,029
• PEG Ratio: 0.85
• Price to Book (P/B): 1.42
• Price to Sales (P/S): 2.42
• P/FCF Ratio: -40.17
• Enterprise Value/Market Cap: 1.83
• Enterprise Value/Revenue: 5.58
• Enterprise Value/Gross Profit: 17.32
• Enterprise Value/Ebitda: 12.17
• 1Y Price Target: $83.56
• Price Target Upside: 10.50% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 9
• EPS Forecast (FY): 4
• Revenue Forecast (FY): $6.06B

• Rating: 65 Neutral
• Price Target: $83.00 ▲(9.76% Upside)

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.

Positive Factors

Dividend Increase

A dividend increase reflects strong cash flow management and commitment to returning value to shareholders, enhancing investor confidence.

Regulatory Progress

Regulatory approvals for new projects bolster Evergy's capacity expansion and transition to cleaner energy, supporting long-term growth.

EPS Growth Target

A clear EPS growth target indicates strategic planning and confidence in future profitability, aligning with investor expectations for steady returns.

Negative Factors

Revenue Decline

A decline in revenue growth can signal challenges in market demand or competitive pressures, potentially impacting future earnings.

Negative Free Cash Flow

Negative free cash flow limits the company's ability to invest in growth opportunities and may strain financial flexibility over time.

High Debt Levels

High debt levels can increase financial risk and interest expenses, potentially affecting long-term profitability and investment capacity.

Evergy Business Overview & Revenue Model

Company Description

Evergy, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in Kansas and Missouri, the United States. It generates electricity through coal, hydroelectric, landfill gas, uranium, and natural gas and oil sources, as well as solar, wind, other renewable sources. The company has approximately 10,100 circuit miles of transmission lines; 39,800 circuit miles of overhead distribution lines; and 13,000 circuit miles of underground distribution lines. It serves approximately 1,620,400 customers, including residences, commercial firms, industrials, municipalities, and other electric utilities. Evergy, Inc. was incorporated in 2017 and is headquartered in Kansas City, Missouri.

How the Company Makes Money

Evergy generates revenue primarily through the sale of electricity to residential, commercial, and industrial customers. The company's revenue model is based on regulated utility rates, which are approved by state public utility commissions. Key revenue streams include residential electricity sales, commercial and industrial power contracts, and ancillary services related to energy distribution. Additionally, Evergy benefits from partnerships with renewable energy developers and government initiatives aimed at increasing the share of clean energy in its portfolio. Factors contributing to its earnings include the demand for electricity, regulatory frameworks, infrastructure investments, and ongoing efforts to optimize operational efficiency.

Evergy Financial Statement Overview

Summary

Evergy demonstrates strong profitability with high margins and a stable balance sheet. However, challenges in revenue growth and negative free cash flow are concerns. The company's financial health is stable, but improvements in cash flow management and revenue growth are needed.

Income Statement

Evergy's income statement shows a mixed performance. The TTM data indicates a decline in revenue growth rate by 17.8%, which is concerning. However, the company maintains a healthy gross profit margin of 52.05% and a net profit margin of 14.29%, indicating strong profitability. The EBIT and EBITDA margins are also robust at 25.04% and 45.43%, respectively, suggesting efficient operations. Despite the revenue decline, profitability metrics remain strong.

Balance Sheet

The balance sheet reflects a stable financial position with a debt-to-equity ratio of 1.49, which is relatively high but manageable for the industry. Return on equity stands at 8.43%, indicating decent returns for shareholders. The equity ratio is 30.26%, showing a balanced capital structure. While leverage is on the higher side, the company maintains a solid equity base.

Cash Flow

Cash flow analysis reveals challenges, with a negative free cash flow growth rate of -29.06% in the TTM period. The operating cash flow to net income ratio is 0.57, indicating moderate cash generation relative to net income. The free cash flow to net income ratio is negative, reflecting cash flow constraints. While operating cash flow is positive, the negative free cash flow is a concern.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	5.83B	5.82B	5.49B	5.86B	5.59B	4.91B
Gross Profit	1.88B	1.90B	1.67B	1.70B	1.74B	1.51B
EBITDA	2.67B	2.64B	2.42B	2.19B	2.32B	2.05B
Net Income	840.10M	873.50M	731.30M	752.70M	879.70M	618.30M
Balance Sheet
Total Assets	32.91B	32.28B	30.98B	29.49B	28.52B	27.11B
Cash, Cash Equivalents and Short-Term Investments	27.80M	22.00M	27.70M	25.20M	26.20M	144.90M
Total Debt	14.81B	14.07B	13.15B	12.04B	11.17B	10.32B
Total Liabilities	22.91B	22.29B	21.29B	20.00B	19.28B	18.40B
Stockholders Equity	9.96B	9.96B	9.66B	9.48B	9.24B	8.73B
Cash Flow
Free Cash Flow	-138.20M	-352.90M	-353.80M	-364.60M	-620.80M	193.50M
Operating Cash Flow	2.12B	1.98B	1.98B	1.80B	1.35B	1.75B
Investing Cash Flow	-2.23B	-2.26B	-2.47B	-2.15B	-1.91B	-1.53B
Financing Cash Flow	104.20M	280.30M	494.00M	349.30M	443.40M	-98.40M

Evergy Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 75.62
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For EVRG, the sentiment is Negative. The current price of 75.62 is below the 20-day moving average (MA) of 76.94, below the 50-day MA of 76.03, and above the 200-day MA of 69.54, indicating a neutral trend. The MACD of -0.02 indicates Positive momentum. The RSI at 43.45 is Neutral, neither overbought nor oversold. The STOCH value of 62.07 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for EVRG.

Evergy Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CMS	72 Outperform	$22.20B	21.44	12.34%	2.97%	10.96%	-0.77%
LNT	70 Outperform	$17.28B	21.43	11.46%	3.02%	7.76%	23.48%
OGE	67 Neutral	$8.98B	17.88	10.69%	3.83%	18.03%	29.46%
PNW	67 Neutral	$10.62B	18.35	8.62%	4.02%	5.70%	-8.25%
Sector *	66 Neutral	$17.65B	18.10	5.60%	3.62%	6.62%	11.55%
EVRG	65 Neutral	$17.75B	21.16	8.36%	3.53%	0.11%	-0.52%
PPL	63 Neutral	$27.22B	25.04	7.65%	2.95%	8.42%	32.48%

Evergy Corporate Events

Evergy Reports Q3 2025 Earnings and Dividend Increase

On November 6, 2025, Evergy announced its third quarter 2025 results, reporting GAAP earnings of $475.0 million, or $2.03 per share, slightly up from $465.6 million, or $2.02 per share, in the same period in 2024. The company increased its quarterly dividend by 4% to $0.6950 per share and narrowed its 2025 adjusted EPS guidance to a range of $3.92 to $4.02. Despite cooler than normal summer weather impacting earnings, Evergy remains optimistic about its long-term growth outlook, supported by regulatory and operational execution.

The most recent analyst rating on (EVRG) stock is a Buy with a $84.00 price target. To see the full list of analyst forecasts on Evergy stock, see the EVRG Stock Forecast page.

Evergy Appoints Charles Caisley as EVP and CCO

On August 28, 2025, Evergy‘s Board of Directors appointed Charles Caisley as Executive Vice President, Utility Operations and Chief Customer Officer, effective October 1, 2025. This appointment signifies an expansion of Mr. Caisley’s responsibilities within the company, potentially impacting Evergy’s operational dynamics and stakeholder relations.

The most recent analyst rating on (EVRG) stock is a Buy with a $77.00 price target. To see the full list of analyst forecasts on Evergy stock, see the EVRG Stock Forecast page.

Evergy Issues $400 Million in Mortgage Bonds

On August 15, 2025, Evergy Metro issued $400 million in 5.125% Mortgage Bonds due 2035, under an agreement with several major financial institutions. This issuance is part of Evergy Metro’s strategy to strengthen its financial position and support long-term growth, potentially impacting its market standing and stakeholder interests.

The most recent analyst rating on (EVRG) stock is a Buy with a $74.00 price target. To see the full list of analyst forecasts on Evergy stock, see the EVRG Stock Forecast page.

Evergy, Inc. Surpasses Q2 Earnings Expectations

The recent earnings call for Evergy, Inc. was marked by a generally positive sentiment, highlighting the company’s strong operational performance and regulatory achievements. Despite challenges such as increased operational and maintenance costs and unfavorable weather conditions, Evergy showcased its potential for future growth through a robust economic development pipeline. Additionally, the decision to exit nonregulated investments, while contributing to losses, was part of a strategic shift to strengthen the company’s core operations.

Evergy, Inc. Reports Q2 2025 Earnings and Dividend

Evergy, Inc. is a utility company based in Kansas City, Missouri, providing electricity to 1.7 million customers across Kansas and Missouri, with a focus on delivering reliable, affordable, and sustainable energy.

Evergy Reports Q2 2025 Financial Results and Dividend

On August 7, 2025, Evergy announced its second quarter 2025 financial results, reporting a GAAP EPS of $0.74, down from $0.90 in 2024, and adjusted EPS of $0.82, compared to $0.90 in the previous year. The decrease was attributed to milder weather, increased operational expenses, and higher interest and depreciation costs, partially offset by revenue growth from regulated investments and increased electricity demand. Despite these challenges, Evergy reaffirmed its 2025 adjusted EPS guidance of $3.92 to $4.12 and declared a quarterly dividend of $0.6675 per share. The company also highlighted its progress in regulatory settlements and approvals for new energy projects, indicating strong stakeholder alignment and a focus on economic development.

The most recent analyst rating on (EVRG) stock is a Buy with a $65.00 price target. To see the full list of analyst forecasts on Evergy stock, see the EVRG Stock Forecast page.