Evergy, Inc. (EVRG)

Over the past six months, Evergy's stock price has increased by 16.48%, rising from $62.00 to $72.22. Key events include the Q2 2025 earnings report, which surpassed analysts' estimates but was impacted by milder weather and higher expenses. Evergy reaffirmed its 2025 adjusted EPS guidance and long-term growth target. The company received approval for new natural gas and solar projects and announced a settlement in the Kansas Central rate case. A quarterly dividend of $0.6675 per share was declared. Several analysts have reiterated positive ratings for Evergy, raising target prices.

Demand for Evergy's products and services is seasonal, influenced by weather conditions. Milder weather in Q2 2025 led to decreased cooling degree days and impacted earnings. Evergy implemented time-of-use and demand rates to manage seasonal demand, encouraging customers to shift energy usage and level peak demand.

Evergy, Inc. is an American investor-owned utility company focused on electricity generation, transmission, distribution, and sales, operating within the Electric Utilities industry. The company delivers electricity to various customers and has a diverse power generation portfolio, including coal, natural gas, nuclear, wind, and solar. Evergy is investing in renewable energy and grid modernization.

Evergy serves approximately 1.7 million customers across Kansas and Missouri, covering 28,130 square miles in eastern Kansas and western Missouri. The company's infrastructure includes over 10,100 miles of transmission lines and approximately 52,000 miles of distribution lines.

Evergy's brand reputation is positively influenced by its commitment to sustainability, community engagement, and reliable energy. The company is actively pursuing renewable energy projects and grid modernization. Community engagement efforts, such as the Green Team's environmental education programs, also contribute to a positive public image.

Evergy, Inc. has a diverse ownership structure. Institutional investors hold a significant majority, owning approximately 85.96% to 89% of the company's stock. Major institutional shareholders include Vanguard Group Inc., BlackRock, Inc., and State Street Corp. Individual investors hold a smaller percentage, around 13% to 13.74%, while company insiders, such as executives and board members, hold less than 1% of the shares.