EVRG Stock Recent News

Dividend stocks struggled this year as investors cycled into fixed-income investment opportunities throughout the first half. In the latter half, they surged back into growth and small-cap stocks.

At a cursory glance, the concept of dividend stocks – particularly in the boring utilities space – seems overly cautious. After all, several risk-on asset classes, including technology-focused securities and cryptocurrencies have soared over the past several weeks.

Evergy (EVRG) is planning to refinance its debts and continues to make efforts to achieve net-zero emissions by 2050.

It's a difficult time to be an income investor. Interest rates are climbing in the U.S. to levels not seen in years, but the average dividend yield of the S&P 500 Index remains relatively low at under 2%.

Evergy is a holding company for three electric subsidiaries, serving 1.7 million customers in Kansas and Missouri. It just increased its dividend another 5.0% and has now raised it for 20 consecutive years. Today it is yielding 5.1%. A recent drop in earnings due to mild winter weather has compounded its market devaluation as part of the utility sector. Shares are 10.0% undervalued.

Evergy, Inc. (NASDAQ:EVRG ) Q3 2023 Earnings Conference Call November 7, 2023 9:00 AM ET Company Participants Peter Flynn - Director, IR David Campbell - President, CEO & Director Kirkland Andrews - EVP & CFO Conference Call Participants Shahriar Pourreza - Guggenheim Securities Nicholas Campanella - Barclays Dariusz Lozny - Bank of America Merrill Lynch Steven Fleishman - Wolfe Research Paul Patterson - Glenrock Associates Operator Good day and thank you for standing by. Welcome to the Third Quarter 2023 Evergy Earnings Conference Call.

Evergy's (EVRG) third-quarter earnings benefit from lower O&M expenses and higher COLI proceeds. The company narrows its 2023 financial guidance.

Evergy's (EVRG) third-quarter earnings are likely to have benefited from lower O&M expenses amid high interest rates and severe weather conditions.

Evergy (EVRG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

KANSAS CITY, Mo.--(BUSINESS WIRE)--Evergy, Inc. (NASDAQ: EVRG) announced today it will release its 2023 third quarter earnings Tuesday, November 7, 2023, before market open. The company plans to host its quarterly conference call and audio webcast to discuss the results Tuesday, November 7, 2023. Event: Evergy Q3 2023 Conference Call and Webcast   Date: November 7, 2023   Time: 9:00 a.m. Eastern (8:00 a.m. Central)   Location: 1) To view the webcast and presentation slides, please go to investo.