Profile
Sector:
UtilitiesIndustry:
ElectricCountry:
United StatesIPO:
04 June 2018Website:
http://www.evergyinc.comNext earnings report:
02 August 2024Last dividends:
17 May 2024Next dividends:
N/APrice
regular market | 8 min agoAnalysts recommendations
Institutional Ownership
EVRG Latest News
We have narrowed our search to five utility stocks that are regular dividend payers. These stocks are: VST, EVRG, PPL, PCG, POR.
The technology sector has outperformed the S&P by 11% in the past month. Electric utilities provide an indirect way to benefit from the artificial intelligence revolution. Evergy is a utility with an investment-grade balance sheet that should benefit from an expanding need for electricity.
Evergy (EVRG) with rising estimates for earnings per share, strong ROE and regular dividend, makes a solid investment choice in the utility space.
Investors looking for stocks in the Utility - Electric Power sector might want to consider either Evergy Inc (EVRG) or Southern Co. (SO). But which of these two stocks offers value investors a better bang for their buck right now?
KANSAS CITY, Mo.--(BUSINESS WIRE)--Evergy (NASDAQ: EVRG) announced today the pending departure of EVP and CFO Kirk Andrews, who will become CFO at Consolidated Edison (NYSE: ED).
Consolidated Edison's incoming chief financial officer is Kirk Andrews, who served as CFO of Midwest utility Evergy since 2021. Andrews will replace Robert Hoglund who plans to retire later in 2024.
Here is how Evergy Inc (EVRG) and Iberdrola S.A. (IBDRY) have performed compared to their sector so far this year.
Evergy (EVRG) makes a strong case for investment, given its rising earnings estimates, debt management and ability to increase its shareholders' value.
Investors interested in stocks from the Utility - Electric Power sector have probably already heard of Evergy Inc (EVRG) and Consolidated Edison (ED). But which of these two stocks presents investors with the better value opportunity right now?
Evergy is trading at an appealing valuation with a forward EV/EBITDA of 9.6x compared to the sector median of 10.36x. I anticipate load growth exceeding 2%-3% due to increasing demand for data centers post-2025, as it takes time to construct them. I recommend buying Evergy and including it in a diversified portfolio.
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What type of business is Evergy?
Evergy, Inc. is a utility holding company engaged in the production, transmission, distribution, and sale of electricity in Kansas and Missouri. The company was registered in 2017 and is headquartered in Kansas City, Missouri. The holding company includes the following subsidiaries: Evergy Kansas Central, Inc. - provides electricity to consumers in the state of Kansas. Evergy Metro, Inc. - provides electricity to consumers in the states of Missouri and Kansas. Evergy Missouri West, Inc. - provides electricity to consumers in the state of Missouri. Evergy Transmission Company, LLC - focuses on developing competitive electricity transmission projects.
What sector is Evergy in?
Evergy is in the Utilities sector
What industry is Evergy in?
Evergy is in the Electric industry
What country is Evergy from?
Evergy is headquartered in United States
When did Evergy go public?
Evergy initial public offering (IPO) was on 04 June 2018
What is Evergy website?
https://www.evergyinc.com
Is Evergy in the S&P 500?
Yes, Evergy is included in the S&P 500 index
Is Evergy in the NASDAQ 100?
No, Evergy is not included in the NASDAQ 100 index
Is Evergy in the Dow Jones?
No, Evergy is not included in the Dow Jones index
When does Evergy report earnings?
The next expected earnings date for Evergy is 02 August 2024