Evergy (EVRG) continues to gather positive attention with strategic investments and a consistent expansion into renewable energy. Over the past year, investors have seen a 32% increase in their investments. This trend has attracted Vaughan Nelson Investment Management L.P., who recently took a position in the company. Financial firms, Jefferies and BMO Capital, have shown confidence with an optimistic EPS outlook, raising the target price to $78 and initiating coverage with an outperform recommendation, respectively. Despite missing Q1 2025 earnings estimates, Evergy's revenues have seen a year-over-year increase. The company, favored by institutional owners, holds 89% stake. Amid solid growth, the stock has outperformed many of its utilities peers. Evergy has declared regular quarterly dividends and reaffirmed its 2025 guidance, indicating a steady outlook and highlighting the company's impressive dividend growth. Reports of a major stock sale by an Evergy director have slightly shaken up the company. Speculations regarding Evergy's future have evolved after Barclays analyst lowered the company's price target. The data suggests that despite some minor hiccups, Evergy remains a competitive and promising stock in the utilities market.
Evergy EVRG News Analytics from Fri, 09 Aug 2024 07:00:00 GMT to Sat, 21 Jun 2025 19:12:51 GMT -
Rating 6
- Innovation 4
- Information 8
- Rumor 3
