The Evergy, Inc. (NASDAQ:EVRG) is a rising sensation, boasting a strong
bullish outlook. They are now making a compelling case for investment
thanks to its potential, strategic investments, and expansion in the area
of renewable energy. While some insiders have been selling off their stock
possibly signalling caution, analysts remain bullish on Evergy (EVRG) and
Clearway Energy (CWEN). Their earnings have surged by almost 20%
following a huge $17.5B investment plan. Evergy's growth investments are
shaping it up as a strong supporter of new data centers. The company's
stock seems to be outperforming NASDAQ, spurred by increased demand. Their
Q4 2024 earnings show solid financial performance thanks to strategic
planning, although they lagged behind estimates. With 88% institutional ownership,
it's clear that Evergy, Inc. is a favorite amongst the big players.
Moreover, the stock has paid solid returns to its shareholders, giving
a return of 39% over the last year. However, some have pointed out that
Evergy's debt load may potentially weigh down its stock, casting some
shade on its otherwise bright prospects. Despite this, the company
remains a top ten pick for utility dividend stocks, and it has recently
announced two new 705 MW high-efficiency natural gas plants. They have
also promoted Matt Gummig to Chief Accounting Officer.
Evergy EVRG News Analytics from Fri, 16 Jun 2023 07:00:00 GMT to Thu, 10 Apr 2025 15:11:31 GMT - Rating 7 - Innovation 3 - Information 9 - Rumor -4
