EVRGEvergy Inc

Upcoming Earnings

We were not able to find an announced earnings date for this symbol yet. Check back again later

Company Info

CEO

David A. Campbell

Location

Missouri, USA

Exchange

Nasdaq

Website

https://evergyinc.com

Summary

Evergy, Inc.

Company Info

CEO

David A. Campbell

Location

Missouri, USA

Exchange

Nasdaq

Website

https://evergyinc.com

Summary

Evergy, Inc.

Company FAQ

avatar
@autobot 7 months ago | 2025 - q1
AI Generated
What does this company do? What do they sell? Who are their customers?
Evergy, Inc. is a utility company based in the United States that specializes in the generation and distribution of electricity. The company generates electricity using a mix of coal, hydroelectric, landfill gas, uranium, and natural gas and oil sources. It operates approximately 10,100 circuit miles of transmission lines and serves a diverse customer base of about 1,620,400, including residential homes, commercial establishments, industrial facilities, municipalities, and other electric utilities. Evergy's focus on reliability and sustainability enables it to meet the varied energy needs of its customers across several states, particularly in the Midwest. The company's strategic initiatives emphasize infrastructure development, expansion of renewable energy sources, and ensuring consistent electricity availability even during economic or geopolitical uncertainties.
What are the company’s main products or services?
Electricity generation through coal, hydroelectric, landfill gas, uranium, and natural gas and oil sources.,Transmission of electricity over a network of approximately 10,100 circuit miles of transmission lines.,Electricity distribution services to residential, commercial, and industrial customers.,Renewable energy options and solutions for sustainability-focused customers.
Who are the company’s main competitors?
Duke Energy Corporation,NextEra Energy, Inc.,American Electric Power Company, Inc.,Southern Company
What drives the company’s stock price?
Evergy, Inc.'s stock price is influenced by various factors, including its earnings performance indicated by its Basic EPS of $3.79 and Diluted EPS of $3.79, which highlights financial stability. Macroeconomic events, such as interest rate changes, can affect its Earnings Yield of 0.057091, signaling potential investment returns relative to the market. Additionally, the company's dividends, with a Dividend Yield of 0.039387, make it attractive to income-focused investors. Market trends favoring clean energy bolster Evergy's valuation due to its investment in renewable energy. Moreover, partnerships with large corporations could enhance future revenue streams, demonstrating real-world applications of sustainability initiatives in evolving market conditions.
What were the major events that happened this quarter?
During the most recent quarter, Evergy reported an improvement in its financial metrics, with net income at $885.8 million. The company invested significantly in infrastructure, particularly in transmission capabilities, supporting long-term sustainability goals. Collaborations with tech companies such as Google and Meta underscore Evergy's position in expanding sustainable energy solutions. Despite favorable developments, mild weather conditions led to slight earnings variability, illustrating the impact of external environmental factors.
What do you think will happen next quarter?
For the next quarter, Evergy anticipates stable earnings growth, with continued capital investments focusing on modernizing infrastructure and expanding renewable energy sources. Strategic collaborations with major corporations are expected to enhance energy demand and market reach. Long-term investment plans, totaling $17.5 billion over five years, suggest consistent development in energy infrastructure. Prospective equity issuances from 2026 to 2029 underline the company's commitment to financial flexibility. Strong partnerships may further improve Evergy's competitive position, adapting to market changes despite potential weather-related challenges.
What are the company’s strengths?
Evergy's diversified energy generation portfolio and extensive network of transmission lines are key strengths. The company's commitment to sustainability through investments in renewable energy sources aligns with global environmental trends. Its strategic partnerships with major corporations provide growth opportunities beyond traditional markets. Consistent dividend payments make Evergy appealing to investors seeking stable returns. Additionally, the company's effective operations within a regulated utility environment demonstrate its reliability and resilience.
What are the company’s weaknesses?
Evergy is vulnerable to external factors such as weather conditions, which can impact its earnings performance. The capital-intensive nature of the utility sector requires significant investment, potentially straining financial resources. A moderate Return on Capital Employed (ROCE) indicates that profitable reinvestment opportunities may be limited. Regulatory changes or intensified competition from alternative energy providers could challenge Evergy's market position.
What opportunities could the company capitalize on?
Evergy has numerous growth opportunities driven by the increasing global emphasis on renewable energy. Expanding sustainable energy solutions could open new markets and attract environmentally conscious customers. Collaborations with tech giants like Google and Meta may lead to innovative projects and position Evergy as a leader in adapting to energy industry changes. Infrastructure modernization and ongoing capital investments are expected to enhance operational efficiency and service reliability, supporting long-term revenue growth.
What risks could impact the company?
Evergy faces various risks, including regulatory changes that could alter financial dynamics within the utility sector. Economic downturns may reduce energy consumption and affect revenue streams. Advancements in alternative energy technologies could intensify competition and impact market share. Large infrastructure projects introduce execution risks, with potential delays or cost overruns affecting financial performance. Additionally, climate change-related events pose operational challenges that could disrupt service delivery.
What’s the latest news about the company?
Recent news highlights Evergy's steady financial performance and strategic growth initiatives. The company reported a significant net income increase to $885.8 million, along with ambitious plans for future earnings growth. Investments in infrastructure and partnerships with tech giants demonstrate Evergy's commitment to service expansion. Despite geopolitical tensions, Evergy remains a stable investment choice due to its local market focus and consistent dividend payments, appealing to income-focused investors.
What market trends are affecting the company?
The utility sector is witnessing an increasing shift towards renewable energy sources as part of global efforts to tackle climate change, encouraging investments in cleaner energy options. Economic uncertainties have led investors to seek stable assets, enhancing utility stocks' attractiveness. Technological advancements and digital transformation in energy consumption drive utility companies to modernize infrastructure and offer innovative services. These trends indicate a dynamic market environment, presenting strategic growth and adaptation opportunities.
Price change
$63.48

Symbol's posts