Evergy (EVRG), a significant Midwest Utility Provider, is gaining increased market attentiveness with Mizuho Securities continually supporting their buy rating on the company and even raising their price target from $70 to $74. The company, prominently held by institutional shareholders at 89%, is experiencing enthusiastic support over its growth plan by many stakeholders. For the year, Evergy's stock has been outperforming its utilities peers, and the first quarter results for 2025 have reaffirmed their guidance. The company's strategic investments and expansion into renewable energy have been beneficial and are being highlighted.
Evergy's stock has been classified as a low-cost dividend stock and has been targeted by short sellers. Despite a dip in stock prices, an immense rise in trading volume of 61.5% has been recorded. Alongside, Evergy's annual meeting has gone digital with major board elections and ESG strategy top agenda. The Q1 earnings missed estimates, although revenues did show a year-on-year increase. Amidst external challenges such as downgrading ratings by Moody's and increased profit targets following a favorable Kansas rate case deal,
Evergy continues to surge forward with a positive future outlook.
Evergy EVRG News Analytics from Tue, 21 Jan 2020 08:00:00 GMT to Sat, 19 Jul 2025 18:59:22 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor 2
