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HomeMarketResultsEvergy, Inc. (NYSE:EVRG) Receives Average Recommendation of "Hold" from Analysts

Evergy, Inc. (NYSE:EVRG) Receives Average Recommendation of “Hold” from Analysts


Evergy, Inc. (NYSE:EVRGGet Rating) has been assigned a mean ranking of “Maintain” from the seven scores corporations which might be at present masking the corporate, MarketBeat Ratings studies. Two funding analysts have rated the inventory with a promote advice and two have given a maintain advice to the corporate. The typical 12 month value goal amongst brokerages which have coated the inventory within the final yr is $63.50.

A lot of analysts have issued studies on EVRG shares. Wells Fargo & Firm raised their value goal on Evergy to $69.00 in a analysis observe on Wednesday, December 14th. UBS Group reduce their value goal on Evergy to $65.00 in a report on Monday, November twenty first. Financial institution of America downgraded Evergy from a “impartial” ranking to an “underperform” ranking and reduce their value goal for the inventory from $64.00 to $54.00 in a report on Wednesday, November twenty third. Guggenheim reduce their value goal on Evergy from $77.00 to $64.00 in a report on Monday, October twenty fourth. Lastly, Credit score Suisse Group downgraded Evergy from an “outperform” ranking to an “underperform” ranking and reduce their value goal for the inventory from $61.00 to $57.00 in a report on Tuesday, November twenty ninth.

Evergy Inventory Up 2.8 %

EVRG opened at $64.78 on Monday. The corporate has a fast ratio of 0.35, a present ratio of 0.52 and a debt-to-equity ratio of 0.96. The agency has a market cap of $14.87 billion, a P/E ratio of 18.72, a PEG ratio of three.35 and a beta of 0.48. Evergy has a 52 week low of $54.12 and a 52 week excessive of $73.13. The enterprise’s fifty day easy shifting common is $61.05 and its 200 day easy shifting common is $63.74.

Evergy (NYSE:EVRGGet Rating) final issued its quarterly earnings outcomes on Friday, November 4th. The corporate reported $2.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.89 by $0.12. Evergy had a return on fairness of 8.89% and a internet margin of 14.01%. The agency had income of $1.91 billion for the quarter. As a gaggle, equities analysis analysts anticipate that Evergy will put up 3.58 EPS for the present fiscal yr.

Evergy Will increase Dividend

The enterprise additionally lately introduced a quarterly dividend, which was paid on Tuesday, December twentieth. Buyers of report on Friday, November 18th had been issued a dividend of $0.6125 per share. This is a rise from Evergy’s earlier quarterly dividend of $0.57. This represents a $2.45 annualized dividend and a dividend yield of three.78%. The ex-dividend date was Thursday, November seventeenth. Evergy’s dividend payout ratio (DPR) is presently 70.81%.

Institutional Buyers Weigh In On Evergy

A number of hedge funds and different institutional traders have lately purchased and bought shares of EVRG. Hexagon Capital Companions LLC grew its place in shares of Evergy by 227.8% within the third quarter. Hexagon Capital Companions LLC now owns 413 shares of the corporate’s inventory price $25,000 after buying a further 287 shares within the final quarter. Personal Belief Co. NA acquired a brand new place in shares of Evergy within the 2nd quarter price roughly $28,000. Baystate Wealth Administration LLC grew its place in shares of Evergy by 135.7% within the 2nd quarter. Baystate Wealth Administration LLC now owns 436 shares of the corporate’s inventory price $29,000 after buying a further 251 shares within the final quarter. Truvestments Capital LLC acquired a brand new place in shares of Evergy within the 2nd quarter price roughly $31,000. Lastly, CoreCap Advisors LLC acquired a brand new place in shares of Evergy within the 2nd quarter price roughly $32,000. 83.84% of the inventory is at present owned by hedge funds and different institutional traders.

Evergy Firm Profile

(Get Rating)

Evergy, Inc, along with its subsidiaries, engages within the technology, transmission, distribution, and sale of electrical energy in Kansas and Missouri, the US. It generates electrical energy by coal, hydroelectric, landfill fuel, uranium, and pure fuel and oil sources, in addition to photo voltaic, wind, different renewable sources.

Learn Extra

Analyst Recommendations for Evergy (NYSE:EVRG)

This prompt information alert was generated by narrative science expertise and monetary knowledge from MarketBeat with the intention to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial staff previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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