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To be a shareholder in Evergy is to have confidence in the company’s ability to execute its ambitious $17.5 billion capital investment plan, modernize its grid, and deliver steady returns despite regulatory and weather-related risks. The recent news of anticipated earnings decline, even with rising revenues, places heightened significance on upcoming quarterly results, but does not materially alter the central short-term catalyst: successful infrastructure execution. The primary risk remains cost overruns or funding issues tied to these major investments.
Among the latest announcements, Evergy’s $1.2 billion follow-on equity offering is most relevant, as it directly impacts capital structure and the funding for its large-scale infrastructure projects. This move connects closely to the core catalyst of grid investment and the related risk of shareholder dilution if capital requirements outpace earnings growth.
However, it’s important to also recognize that while infrastructure investment may lead to growth, investors should pay attention to...
Read the full narrative on Evergy (it's free!)
Evergy's narrative projects $6.7 billion revenue and $1.1 billion earnings by 2028. This requires 4.5% yearly revenue growth and a $224.2 million earnings increase from $875.8 million.
Uncover how Evergy's forecasts yield a $74.45 fair value, a 4% upside to its current price.
Three individual fair value estimates from the Simply Wall St Community span US$53 to US$74.45 per share. With diverse views, especially around Evergy’s ability to manage financial risks in its investment plan, you can compare several opinions here for a broader understanding of future performance drivers.
Explore 3 other fair value estimates on Evergy - why the stock might be worth as much as $74.45!
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Discover if Evergy might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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