This summary was created by AI, based on 1 opinions in the last 12 months.
Evergy (EVRG-Q) stands out as a prominent utility company in the S&P 500, currently offering an attractive yield of 4.3%. The company's stability has been reflected in its stock performance since its formation from a merger. In the coming years, Evergy is set to see a significant boost in demand due to three major projects in the region, which include a $4 billion electric vehicle battery plant and two substantial data centers from Meta and Google, totaling an impressive 750 megawatts of load. The company's growth prospects are promising, particularly as it is poised to benefit from a potential decline in interest rates, which could further enhance its appeal to investors. Overall, Evergy presents a compelling case for those looking for a utility stock with solid long-term growth potential.
Evergy is a American stock, trading under the symbol EVRG-Q on the NASDAQ (EVRG). It is usually referred to as NASDAQ:EVRG or EVRG-Q
In the last year, 1 stock analyst published opinions about EVRG-Q. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Evergy.
Evergy was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Evergy.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year 1 stock analyst on Stockchase covered Evergy. The stock is worth watching.
On 2025-02-04, Evergy (EVRG-Q) stock closed at a price of $64.31.
The second-highest yielding utility on the S&P at 4.3%, a major player in Kansas and western Missouri. It's been sideways since it was formed in a merger. But three projects in this area will boost their demand: a $4 billion EV battery plant, a $800-million data centre from Meta and $1 billion data centre from Google, all to be online within the next 4 years and will total 750 megawatts of load. Will benefit when interest rates decline.