Evergy (EVRG)
NASDAQUtilitiesRegulated ElectricSnapshot 2026-09-04
$81.54-0.48%
Close 2026-09-04 · 1-day change
NASDAQUtilitiesRegulated ElectricSnapshot 2026-09-04
QuarterlyIQ Insights · EVRG
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 5.5% |
| Our one-year growth estimate | diamond | 6.6% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the opposite direction.
Price observations: 365 days
Usually moved in the opposite direction.
Price observations: 365 days
Most sensitive to real (inflation-adjusted) rates and long-term interest rates.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 1.2 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 31 industry peers · Company calendar date is not available
EVRG — M&A activity — Termination of a Material Definitive Agreement
Dated 2026-08-24
Termination of a Material Definitive Agreement. On August 24, 2026, Evergy, Inc. (the “Company”) terminated the $500 million Term Loan Credit Agreement, dated as of February 11, 2026, between the Company and Wells Fargo Bank, N.A., as administrative agent and the lenders party thereto, which was to mature on February 10, 2027. The Company incurred no early termination penalties as a result of such termination.
Why it matters: More agreements would support Evergy's growth plan and increase revenue.
Supportive ifA press release about a new big customer agreement would show growth.
Worry ifIf no new agreements come by year-end, it may raise worries about demand.
Why it matters: This range is key for Evergy's growth outlook. Staying within it shows strong performance.
Supportive ifAdjusted EPS reported in Q3 2026 falls within the $4.14 to $4.34 range.
Worry ifAdjusted EPS reported in Q3 2026 is below $4.14.
Why it matters: Changes in tariffs can make Evergy's service less appealing to big customers.
Watch forNew large load power service tariffs are approved. They help make services more affordable.
Also watch forThere are rejections or delays in starting new large load power service tariffs.
Why it matters: Weather affects energy demand. Poor weather could hurt earnings and growth outlook.
Worry ifThe earnings report shows bad weather hurt results a lot.
Less concerning ifThe earnings report shows weather did not affect results much.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$74 on $10,000 · ±0.7% | How much price usually moves either way. |
| Bad day | $155 loss on $10,000 · 1.6% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $849 loss on $10,000 · 8.5% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Updates could signal changes in growth strategy and financial health.
Watch forLook for news about plans to invest more than $21.6 billion.
Also watch forWatch for news about plans to cut capital investment.
Why it matters: More agreements would help growth. They would also support the large customer plan.
Supportive ifLook for news about at least one more large customer agreement.
Worry ifNo new large customer agreements announced in the next quarter.
Why it matters: Consistent dividends show strong finances and care for shareholders. It shows management trusts cash flow.
Supportive ifEvergy declares a quarterly dividend of $0.6950 per share in Q3 2026.
Worry ifEvergy cuts the dividend payout below $0.6950 per share.
Why it matters: Keeping this dividend shows financial strength and care for shareholders.
Supportive ifThe board declares a dividend of $0.6950 per share for the next quarter.
Worry ifA cut in the dividend payout would indicate financial strain.
Why it matters: If sector revenue growth picks up, it could signal a positive shift for Evergy.
Supportive ifSector revenue growth shows a year-over-year increase above 5%.
Worry ifSector revenue growth is still under 5% compared to last year.
Why it matters: Another miss would raise worries about the company's ability to meet goals.
Worry ifQ2 GAAP EPS reported below $0.64.
Less concerning ifQ2 GAAP EPS reported at or above $0.64.
Why it matters: Weather can greatly affect demand and financial results.
Worry ifManagement says weather was good for demand in Q2 2026.
Less concerning ifManagement says weather hurt demand in Q2 2026.
Why it matters: Changes in how money is spent can affect growth and stability. They show plans.
Watch forLook for a new capital investment plan or project from the recent credit agreement.
Also watch forNo new projects or investments were announced after the credit deal.
Why it matters: A drop below this level may signal issues in meeting the 2026 EPS guidance.
Worry ifIf Q3 adjusted EPS is below $1.00, it shows earnings are under pressure.
Less concerning ifIf Q3 adjusted EPS stays above $1.00, it shows growth is still expected.
Why it matters: Keeping the EPS guidance shows confidence in earnings growth. It shows stability in finances.
Supportive ifManagement reaffirms 2026 adjusted EPS guidance of $4.14 to $4.34 in the next earnings call.
Worry ifManagement cuts the 2026 adjusted EPS guidance to less than $4.14.
Why it matters: Shifts in demand from large customers could impact revenue growth and future guidance.
Watch forIncreased demand from large customers reported in the next quarter would support growth.
Also watch forIf demand from big customers drops, it could mean revenue problems ahead.
Why it matters: Another earnings miss would raise concerns about financial health and growth prospects.
Worry ifThe Q2 earnings report shows results below what analysts expected.
Less concerning ifThe Q2 earnings are better than what analysts expected.
Why it matters: New agreements indicate growth in demand and revenue. This supports long-term financial targets.
Supportive ifThere will be at least one new large customer electric service agreement in 2026.
Worry ifNo new large customer agreements announced by the end of 2026.