Evergy INC (NASDAQ:EVRG) is significantly held by institutional owners, occupying nearly 89% of the company. The company has announced the appointment of a new
Chief Accounting Officer and unveiled a massive
$17.5B Investment Plan. Citi has raised its price target for Evergy stocks to $77. However, the Q4 earnings have lagged estimates. The company has issued
$600 Million in Bonds and Notes, and its returns have proven
profitable for shareholders. Evergy announced its Q4 earnings that missed estimates despite revenue rising year over year. Evergy also appointed W. Bryan Buckler as the
Executive Vice President and Chief Financial Officer. Evergy's stock soared to a
52-week high due to robust growth with analysts commenting that Evergy tops the list of dividend-paying utility investments. The company also has plans to build two new
705 MW High-Efficiency Natural Gas Plants. However, concerns about its debt load cast a shadow over Evergy's overall impressive performance. The company is also diversifying its investments and expansion into the renewable energy sector.
Evergy EVRG News Analytics from Tue, 16 Apr 2024 07:00:00 GMT to Fri, 28 Mar 2025 10:12:01 GMT -
Rating 7
- Innovation 2
- Information 8
- Rumor -1
