Evergy, Inc. (NASDAQ:EVRG) is owned predominantly by institutional shareholders who hold 89% of its shares. Despite stock price dips, Evergy's trading volume surged by 61.5% to $234 million. Major players like OLD Republic International Corp purchased additional shares. Price targets have been increased by UBS to $78 from $77 and Mizuho reaffirmed its buy rating due to the Kansas regulatory outlook. Evergy's Q1 2025 earnings announcement declared a quarterly dividend and reaffirmed the 2025 guidance. Not only has Evergy demonstrated growth alongside a high ROE, but also posed as one of the best dividend growth stocks, evidenced by a 32% return for those who invested a year ago. Evergy's strategic growth plans point toward strategic investments and renewable energy expansion, to meet growing electricity demand, especially for new data centers. Evergy's financial stability is evident from its robust growth and strong Q4 2024 earnings despite missing profit estimates due to higher costs. The company continues to drive regional growth through strategic collaborations and recently appointed a new Chief Accounting Officer and CFO.
Evergy EVRG News Analytics from Thu, 05 May 2022 07:00:00 GMT to Fri, 11 Jul 2025 22:38:25 GMT -
Rating 5
- Innovation -6
- Information 7
- Rumor -5
