AI Spotlight on EVRG
Company Description
Evergy, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in Kansas and Missouri, the United States.It generates electricity through coal, hydroelectric, landfill gas, uranium, and natural gas and oil sources, as well as solar, wind, other renewable sources.The company has approximately 10,100 circuit miles of transmission lines; 39,800 circuit miles of overhead distribution lines; and 13,000 circuit miles of underground distribution lines.
It serves approximately 1,620,400 customers, including residences, commercial firms, industrials, municipalities, and other electric utilities.Evergy, Inc.was incorporated in 2017 and is headquartered in Kansas City, Missouri.
Market Data
Last Price | 64.17 |
Change Percentage | -0.12% |
Open | 64.27 |
Previous Close | 64.25 |
Market Cap ( Millions) | 14758 |
Volume | 2210328 |
Year High | 65.47 |
Year Low | 48.04 |
M A 50 | 62.58 |
M A 200 | 58.53 |
Financial Ratios
FCF Yield | -3.27% |
Dividend Yield | 4.04% |
ROE | 10.53% |
Debt / Equity | 96.67% |
Net Debt / EBIDTA | 125.70% |
Price To Book | 4.34 |
Price Earnings Ratio | 17.32 |
Price To FCF | -30.62 |
Price To sales | 2.55 |
EV / EBITDA | 6.95 |
News
- Jan -03 - My Top 10 Utilities For 2025
- Jan -02 - My Top 10 High-Yield Dividend Stocks For January 2025
- Dec -27 - Evergy to Benefit From Investments & Renewable Expansion
- Dec -17 - 3 Great Utility Stocks to Buy for Steady Stream of Income
- Dec -06 - 3 Utility Stocks That Will Benefit from Less Regulation
- Dec -02 - My Top 10 High-Yield Dividend Stocks For December 2024
- Nov -26 - Why I Just Loaded Up on These 2 High-Yield Dividend Stocks
- Nov -17 - Evergy: There's Still Time To Buy This Utility Now
- Nov -15 - 8 Upcoming Dividend Increases
- Nov -07 - Evergy, Inc. (EVRG) Q3 2024 Earnings Call Transcript
- Nov -07 - Evergy's Q3 Earnings Beat Estimates, Revenues Increase Y/Y
- Nov -07 - Evergy Inc (EVRG) Surpasses Q3 Earnings and Revenue Estimates
- Nov -07 - Evergy Announces Third Quarter 2024 Results, Increases Quarterly Dividend, Reaffirms 2024 Guidance, Establishes 2025 Guidance
- Nov -06 - Evergy to Release Q3 Earnings: Here's What You Need to Know
- Nov -03 - My Top 10 High-Yield Dividend Stocks For November 2024
- Oct -27 - Dividend Aristocrats Of The Future - Part 2
- Oct -21 - Evergy Announces Two New 705 MW High-Efficiency Natural Gas Plants
- Oct -14 - Evergy: Boring Utility, But Leverage And Better Protection Through Options
- Oct -09 - The Zacks Analyst Blog Evergy, Xcel Energy, WEC Energy, American Water Work and Atmos Energy
- Oct -08 - Buy These 5 Utility Stocks to Combat October Volatility
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Residential
Expected Growth : 3.5 %
What the company do ?
Residential from Evergy, Inc. provides electricity to homes and apartments, offering competitive rates and convenient payment options for customers in Kansas and Missouri.
Why we expect these perspectives ?
Residential segment growth of 3.5% driven by increasing electricity demand from new housing developments, rising adoption of electric vehicles, and energy-efficient appliances, as well as favorable weather patterns and steady economic growth in Evergy's service territories.
Segment nΒ°2 -> Commercial
Expected Growth : 3.8 %
What the company do ?
Evergy, Inc.'s commercial promotes its energy efficiency programs and services, encouraging customers to save energy and reduce their environmental impact.
Why we expect these perspectives ?
Evergy's commercial segment growth of 3.8% is driven by increasing demand for electricity from businesses, expansion of data centers and cloud infrastructure, and investments in renewable energy. Additionally, the company's focus on energy efficiency programs, grid modernization, and strategic acquisitions contribute to the growth.
Segment nΒ°3 -> Industrial
Expected Growth : 4.2 %
What the company do ?
Industrial from Evergy, Inc. refers to the segment that provides electricity to industrial customers, including those in the manufacturing, mining, and oil refining industries.
Why we expect these perspectives ?
Evergy's Industrial segment growth of 4.2% is driven by increasing demand from data centers and cloud computing, expansion of manufacturing facilities, and investments in renewable energy. Additionally, the segment benefits from the company's focus on grid modernization and infrastructure upgrades, leading to improved efficiency and reliability.
Segment nΒ°4 -> Transmission
Expected Growth : 4.5 %
What the company do ?
Transmission from Evergy, Inc. refers to the high-voltage infrastructure that transports electricity from power plants to substations, enabling reliable and efficient energy distribution.
Why we expect these perspectives ?
Evergy's transmission segment growth of 4.5% is driven by increasing demand for reliable and efficient energy transmission, investments in grid modernization, and expansion of renewable energy sources. Additionally, the company's focus on infrastructure upgrades, smart grid technologies, and strategic acquisitions contribute to its growth momentum.
Segment nΒ°5 -> Wholesale
Expected Growth : 3.2 %
What the company do ?
Wholesale from Evergy, Inc. refers to the sale of electricity to other utilities, municipalities, and other wholesale customers at competitive prices.
Why we expect these perspectives ?
Evergy's wholesale segment growth of 3.2% is driven by increasing demand from commercial and industrial customers, favorable weather conditions, and strategic investments in transmission and distribution infrastructure. Additionally, the company's focus on renewable energy sources and energy efficiency programs contributes to the growth.
Segment nΒ°6 -> Other
Expected Growth : 3.0 %
What the company do ?
Other from Evergy, Inc. refers to miscellaneous revenue streams, including transmission and distribution tariffs, and other non-core business activities.
Why we expect these perspectives ?
Evergy's 3.0% growth is driven by increasing demand for renewable energy, favorable weather conditions, and strategic investments in grid modernization. Additionally, the company's focus on cost savings initiatives and operational efficiencies have contributed to its growth. Furthermore, Evergy's expansion into new markets and customer growth have also supported its growth momentum.
Segment nΒ°7 -> Other Retail
Expected Growth : 3.5 %
What the company do ?
Other Retail from Evergy, Inc. refers to the sale of electricity to municipalities, universities, schools, and hospitals in Kansas.
Why we expect these perspectives ?
Evergy's Other Retail segment growth of 3.5% is driven by increasing demand for renewable energy solutions, strategic partnerships with commercial and industrial customers, and effective cost management. Additionally, investments in grid modernization and smart meter infrastructure have improved operational efficiency, contributing to the segment's growth.
Segment nΒ°8 -> Industrial Stream and Other
Expected Growth : 4.0 %
What the company do ?
Industrial Stream and Other from Evergy, Inc. refers to the company's industrial sales and other miscellaneous revenue streams, excluding residential and commercial sales.
Why we expect these perspectives ?
Evergy's Industrial Stream and Other segments are driven by a 4.0% growth rate, primarily due to increasing demand for electricity from industrial customers, expansion of data centers, and growth in transportation electrification. Additionally, investments in grid modernization and renewable energy sources contribute to the segment's growth.
Evergy, Inc. Products
Product Range | What is it ? |
---|---|
Electricity | Evergy, Inc. generates, transmits, and distributes electricity to residential, commercial, and industrial customers. |
Renewable Energy | Evergy, Inc. offers renewable energy solutions, including wind and solar power, to customers seeking sustainable energy options. |
Energy Efficiency Programs | Evergy, Inc. provides energy efficiency programs and services to help customers reduce energy consumption and lower their energy bills. |
Transmission and Distribution Services | Evergy, Inc. owns and operates transmission and distribution infrastructure to deliver electricity to customers. |
Energy Management Services | Evergy, Inc. offers energy management services, including energy audits and consulting, to help customers optimize their energy usage. |
Evergy, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Evergy, Inc. is medium due to the availability of alternative energy sources such as solar and wind power.
Bargaining Power Of Customers
The bargaining power of customers for Evergy, Inc. is low due to the lack of alternative energy providers in the region.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Evergy, Inc. is medium due to the dependence on a few large suppliers for fuel and equipment.
Threat Of New Entrants
The threat of new entrants for Evergy, Inc. is low due to the high barriers to entry in the energy industry, including regulatory hurdles and high capital costs.
Intensity Of Rivalry
The intensity of rivalry for Evergy, Inc. is high due to the competitive nature of the energy industry, with multiple players competing for market share.
Capital Structure
Value | |
---|---|
Debt Weight | 57.68% |
Debt Cost | 4.35% |
Equity Weight | 42.32% |
Equity Cost | 6.77% |
WACC | 5.37% |
Leverage | 136.32% |
Evergy, Inc. : Quality Control
Evergy, Inc. passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
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AGR | Avangrid, Inc., an energy services holding company, engages in the regulated energy transmission and distribution, and renewable energy generation businesses in the United States. The company operates through Networks and β¦ |
OGE | OGE Energy Corp., together with its subsidiaries, operates as an energy and energy services provider that offers physical delivery and related services for electricity, natural gas, crude oil, and natural β¦ |
POR | Portland General Electric Company, an integrated electric utility company, engages in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. It operates six β¦ |
PNW | Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona. The company engages in the generation, transmission, β¦ |
FE | FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States. It operates through Regulated Distribution and Regulated Transmission segments. The company owns and operates coal-fired, nuclear, β¦ |