KANSAS CITY, Mo.--(BUSINESS WIRE)--Evergy, Inc. (NASDAQ: EVRG) ("Evergy†) today announced that it has entered into separate, privately negotiated repurchase agreements with certain holders of its 4.50% Convertible Notes due 2027 (the "Notes†) to repurchase for cash (the "Repurchases†) approximately $244.1 million aggregate principal amount of the Notes for a total repurchase cost (including accrued and unpaid interest) of approximately $302.5 million. The final aggregate cash repurchase price is subje ...

Evergy, Inc. (NASDAQ:EVRG) is included among the Best Stocks for a Dividend Achievers List. Mizuho Says Evergy’s (EVRG) Regulatory Gains are Already Priced in On December 18, Mizuho analyst Anthony Crowdell cut Evergy, Inc. (NASDAQ:EVRG) to Neutral from Outperform and lowered the price target to $76 from $86. In a research note, he said the stock already reflects the company’s improved regulatory setup in Kansas and Missouri. Mizuho’s model assumes about 7% earnings growth, while management is guiding fo ...

Kansas City, Missouri-based Evergy, Inc. (EVRG) generates, transmits, distributes, and sells electricity. Valued at a market cap of $17.1 billion, the company generates electricity through coal, landfill gas, uranium, and natural gas and oil sources, as well as solar, wind, and other renewable sources. Companies valued at $10 billion or more are typically classified as “large-cap stocks,” and Evergy fits the label perfectly, with its market cap exceeding this threshold, underscoring its size, influence, ...

Evergy logo over a renewable-energy landscape with solar panels, wind turbines, and power lines. Key Points Evergy Energy is well-positioned to benefit from an energy demand boom tied to AI datacenters. Analysts are leading this market higher, pointing to new all-time highs in 2026. The dividend is healthy and expected to grow, but investors should be aware of some risks. Interested in Evergy Inc.? Here are five stocks we like better. AI is everywhere and certainly available to help with portfolio ...

Core Insights - Utility stocks had been performing well in 2025 but have recently experienced a pullback, suggesting potential for a rebound in the sector Group 1: Brookfield Infrastructure - Brookfield Infrastructure operates globally with significant assets in utilities, including 3,500 kilometers of natural gas pipelines and 3,100 kilometers of electricity transmission lines [4][6] - The company has a market cap of $6.1 billion, with a current price of $46.33 and a dividend yield of 4.9% [5][6] - Brookfield Infrastructure's funds from operations (FFO) are diversified, with only 5% sensitive to oil and gas market conditions, indicating stability [6] Group 2: Enbridge - Enbridge operates an extensive pipeline network, transporting approximately 30% of North America's crude oil and 20% of the natural gas used in the U.S. [7][8] - The company has a market cap of $104 billion, with a current price of $47.55 and a forward dividend yield of 5.9% [9][10] - Enbridge has a strong track record of dividend increases, having raised its dividend for 30 consecutive years, and has $50 billion in visible growth opportunities through 2030 [11] Group 3: Evergy - Evergy operates in Kansas and Missouri, providing power and has outperformed both the S&P 500 and the utilities sector this year [12][13] - The company has a market cap of $17 billion, with a current price of $73.80 and a dividend yield of 3.8% [14][15] - Evergy is well-positioned for growth due to the construction of new data centers in its service areas, with management anticipating growth opportunities through 2030 and beyond [16]

Core Insights - Evergy, Inc. (EVRG) is expanding its operations in the transmission market through collaborations, strategic acquisitions, and partnerships while aiming for carbon neutrality by 2045 [1] Growth Outlook - The Zacks Consensus Estimate for 2025 earnings per share (EPS) is $4.01, with a slight increase of 0.47% for 2026 EPS to $4.28 over the past 60 days [2] - The revenue estimate for 2025 is $5.95 billion, indicating a year-over-year improvement of 1.80%, while the 2026 revenue estimate is $6.23 billion, implying a growth of 4.59% [2] - The long-term earnings growth rate for EVRG is projected at 5.78% over the next three to five years [2] Capital Return Program - EVRG has been increasing shareholder value through consistent dividend payments, with a current quarterly dividend of 69.5 cents per share, leading to an annualized dividend of $2.78 [3] - The current dividend yield stands at 3.61%, significantly higher than the Zacks S&P 500 composite average of 1.12% [3] Debt Structure - The capital-intensive nature of the Utilities sector necessitates substantial investments for upgrades and expansions, with the Federal Reserve's interest rate reduction benefiting utilities [4] - EVRG's total debt to capital ratio is 55.84%, which is better than the industry average of 59.51% [4] Times Interest Earned Ratio - Evergy's times interest earned (TIE) ratio at the end of Q3 2025 was 2.5, indicating a strong ability to meet long-term debt obligations [5] Share Price Performance - Over the past year, EVRG's shares have increased by 18.8%, outperforming the industry's growth of 15.6% [6]

Core Insights - Evergy (EVRG) is highlighted as a strong investment option due to its steady dividend growth and stable fundamentals [1] - The company serves 1.7 million customers in Kansas and Missouri, benefiting from rising energy demand, particularly from data centers [1] Group 1 - Evergy's Relative Strength Rating has improved to 72, indicating better technical performance [2] - The company has seen a rise in its Relative Strength Rating to 73, reflecting its improving market position [4] - Evergy's stock is noted for its rising fortunes as demand for electricity soars [4] Group 2 - The utility sector, including Evergy, is experiencing increased demand, which is positively impacting its performance [1] - Evergy's stock is approaching key technical benchmarks, suggesting potential for further growth [4] - The company has received multiple upgrades in its Relative Strength Ratings, indicating strong market leadership [4]

Core Viewpoint - Citigroup has raised the target price for Evergy Inc. (EVRG.US) from $79 to $89 while maintaining a "Buy" rating, citing clearer information on the company's growing data center load from its Q3 earnings call [1] Group 1: Company Performance - Evergy reported progress in partnerships with two major data center clients, signing service agreements totaling approximately $200 million, which are expected to generate about 600 megawatts of peak demand by 2029 [1] - The company has adjusted its load growth forecast to a compound annual growth rate of 4%-5% due to these developments [1] - Evergy has also introduced a third data center project, indicating significant advancements in early agreements and project expansions [1] Group 2: Financial Guidance - Evergy has narrowed its adjusted EPS guidance for 2025 to a range of $3.92 to $4.02, impacted by lower-than-expected summer temperatures [2] - The management emphasized the company's long-term fundamentals remain strong, supported by what they describe as "generational economic development opportunities" and the necessary investments to achieve this growth [2] - On November 6, the company announced a 4% increase in its quarterly dividend, marking the 20th consecutive year of dividend growth [2]

Core Insights - Evergy, Inc. is recognized as one of the 15 overlooked dividend stocks to consider for investment [1] - Citi has raised its price target for Evergy from $79 to $89, citing a strong outlook for data center growth [2] - The company reported significant progress with major data center customers, securing service agreements worth approximately $200 million [3] Financial Performance - In Q3 2025, Evergy narrowed its adjusted EPS guidance to a range of $3.92 to $4.02, influenced by cooler-than-normal summer weather [4] - The company announced a 4% increase in its quarterly dividend, marking the 20th consecutive year of dividend growth [4] Business Operations - Evergy provides clean, reliable, and safe energy to around 1.7 million customers across Kansas and Missouri through its subsidiaries [5] - The company expects data center projects to generate about 600 MW of peak demand by 2029, leading to an overall load growth forecast of 4-5% compound annual rate [3]

Core Viewpoint - The focus is on generating a 7%+ income yield through investments in energy stocks while minimizing principal loss risk [1] Group 1: Investment Strategy - The investment strategy involves a portfolio of energy stocks, including both traditional and renewable energy companies, targeting those with competitive advantages and strong dividend yields [1] - The leader of the investing group emphasizes managing risk through options while providing both micro and macro-analysis of energy companies [1] Group 2: Subscriber Benefits - Subscribers gain early access to investment ideas that are not publicly released, along with in-depth research not available to the general public [1] - All subscribers can access the analyst's work without needing a subscription to Seeking Alpha Premium [1]