Evergy, Inc. (EVRG) recently recorded a series of noteworthy developments and financial achievements. Assets were added to the company's portfolio through a recent issuance of $500 million in Junior Subordinated Notes. Highly-regarded Fmr LLC and Benjamin Edwards Inc significantly increased their holdings of Evergy. A sub-optimal valuation indicating a 22% undervaluation suggests potential for growth. Two new 705 MW high-efficiency natural gas plants were announced, signalling Evergy's commitment to expanding their production capabilities. Key technical measures are approaching with Evergy's stock outperforming other utilities. Q3 earnings jumped 32% and the company increased its dividend by 4%. However, insider selling suggests hesitancy among some executives, and analysts have set a price target at $61.88. New board members were appointed; substantial growth in the company's stock has led to Evergy being considered one of the top utility stocks. Key executive changes have also been announced.
Evergy EVRG News Analytics from Mon, 10 Jun 2024 07:00:00 GMT to Fri, 06 Dec 2024 13:51:00 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor 1
