Evergy (NASDAQ:EVRG) has experienced a 64% return over the past five years. SG Americas Securities LLC holds a $6.74 million stake in Evergy, and the company recently secured a $55 million term loan. Meanwhile, Evergy has repurchased US$244 million of 4.50% convertible notes and announced a $244.1 million convertible notes buyback. It is understood that the company's regulatory gains have already been priced in. Continuous investments have been observed with Vaughan Nelson Investment Management L.P. and Synergy Asset Management LLC acquiring shares of Evergy. Amidst these activities, Wall Street appears divided regarding Evergy's prospects - with some maintaining buy ratings and others downgrading to neutral or sell. Evergy's recent push into the data center sector and its dividend hike are viewed as positive enhancements to its long term investment story. The company is reported to be outperforming its utility peers, but missed Q3 earnings and revenue estimates, hinting at performance volatility. Yet, UBS maintains a 'buy' rating due to growth forecasts from the data center sector, reflecting an overall mixed industry sentiment towards Evergy.
Evergy EVRG News Analytics from Mon, 12 May 2025 07:00:00 GMT to Sat, 10 Jan 2026 12:32:08 GMT -
Rating 0
- Innovation 4
- Information 7
- Rumor -2
