Evergy (EVRG)
NASDAQUtilitiesRegulated ElectricSnapshot 2026-09-04
NASDAQUtilitiesRegulated ElectricSnapshot 2026-09-04
QuarterlyIQ Insights · EVRG
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within utilities on a research-validated quality screen. As of 2026-09-04.
The screen ranks EVRG against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 4 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Utilities names rated weak grew net income 58% of the time over the next year (vs 69% for the rest of the cohort, n=1101).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Maintain and deliver on the 2026 adjusted EPS guidance range of $4.14 to $4.34 with long-term annual growth target of 6% to 8%+ through 2030.
Stated as a priority in 4 of last 4 quarters. Evergy reaffirmed its 2026 adjusted EPS guidance range of $4.14 to $4.34 from 2025-Q4 through 2026-Q2, with a long-term annual EPS growth target of 6% to 8%+ through 2030. The trajectory matches management's stated guidance, with adjusted EPS per share increasing from $0.55 in 2025-Q1 to $0.88 in 2026-Q2, indicating delivery on this priority.
“We are reaffirming our 2026 adjusted EPS guidance of $4.14 to $4.34.”
“We are reaffirming our 2026 adjusted EPS guidance of $4.14 to $4.34.”
“We are initiating 2026 adjusted EPS guidance of $4.14 to $4.34.”
“We are narrowing our 2025 adjusted EPS guidance range to $3.92 to $4.02.”
Focus on signing and executing electric service agreements with large customers under the large load power service tariff framework.
Stated as a priority in 3 of last 4 quarters. Evergy announced signing multiple large customer electric service agreements in 2025-Q4 and 2026-Q1, and reaffirmed strong large customer interest and expectation to execute at least one more agreement in 2026-Q2. This shows ongoing delivery and focus on expanding large customer contracts.
“Large customer interest in Kansas and Missouri remains very strong. We expect to execute at least one more electric service agreement in 2026.”
Declare and sustain quarterly dividends around $0.695 per share to provide shareholder returns.
Stated as a priority in 4 of last 4 quarters. Evergy consistently declared quarterly dividends around $0.695 per share in 2026-Q2 and 2026-Q1, up from $0.6675 in 2025-Q3, demonstrating steady shareholder return policy and delivery on dividend commitments.
“Declares quarterly dividend of $0.6950 per share payable September 18, 2026.”
Management emphasizes the importance of delivering against financial targets.
Over the trailing year it converted 3.41x of net income into operating cash flow. Historically, Utilities names rated robust grew net income 72% of the time over the next year (vs 62% for the rest of the cohort, n=929).
Most sensitive to real (inflation-adjusted) rates and long-term interest rates.
Not enough signal to read sensitivity to the US dollar, the broad stock market, Fed net liquidity (low R² over the window).
16 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Utilities names rated neutral grew net income 71% of the time over the next year (vs 64% for the rest of the cohort, n=224).
Not investment advice. As of 2026-09-04.
“Announces signing of fifth large customer electric service agreement.”
“Announces signing of electric service agreements for four large customer projects under LLPS framework.”
“Declares quarterly dividend of $0.6950 per share payable June 18, 2026.”
“Declares quarterly dividend of $0.6950 per share payable March 20, 2026.”
“Declares quarterly dividend of $0.6675 per share.”