Evergy Inc. (NASDAQ:EVRG) presents a delicate balance between a return of equity recovery and high leverage. As a utility stock, the company has performed exceptionally well against its utilities peers this year. Despite the share price outperforming business gains, Evergy reaffirmed its
2025 Guidance while declaring the Quarter 1 results. Key highlights include an increased target price by Jefferies and a
Buy rating reaffirmation by Mizuho due to the favorable Kansas Regulatory Outlook. Results from strategic investments and renewable expansion have shown positive impact. Significant growth is seen as the company's shares, majorly held by institutional owners, rose by 32% in a year. During
Q1 2025 earning call, steady EPS and Growth Plans were highlighted. Their dividend growth has been impressive. The company plans to leverage on strategically advantageous acquisitions to boost its success in the data centers sector. Appointments have been made to leadership positions including the promotion of Matt Gummig to
Chief Accounting Officer. The company's rating, however, was downgraded by Moody's. Projects focusing on emission reduction, customer resources and community investment are being pursued for a greener future.
Evergy EVRG News Analytics from Thu, 30 Jan 2020 08:00:00 GMT to Sat, 05 Jul 2025 08:12:37 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor 2
