Is Evergy (EVRG) Stock Outpacing Its Utilities Peers This Year?

Core Viewpoint - Evergy Inc (EVRG) is outperforming its peers in the Utilities sector, with a year-to-date return of 5.5% compared to the sector's average return of -0.7% [4]. Company Performance - Evergy Inc is currently ranked 2 (Buy) in the Zacks Rank system, indicating a positive outlook based on earnings estimates and revisions [3]. - The Zacks Consensus Estimate for Evergy's full-year earnings has increased by 0.2% over the past quarter, reflecting improving analyst sentiment [3]. - The stock has returned approximately 5.5% since the beginning of the calendar year, outperforming the Utilities sector [4]. Industry Context - Evergy Inc belongs to the Utility - Electric Power industry, which includes 59 companies and currently holds a Zacks Industry Rank of 94 [5]. - The average return for the Utility - Electric Power industry has been a loss of 2.2% year-to-date, indicating that Evergy is performing better than its industry peers [5]. - Another stock in the Utilities sector, MGE (MGEE), has also outperformed with a year-to-date return of 12.5% [4].