How to Buy Evergy Stock
Evergy Inc
Evergy, Inc. , together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in Kansas and Missouri, the United States.
Evergy stock last closed at $51.69, down 1.39% from the previous day, and has decreased 16.67% in one year. It has underperformed other stocks in the Utilities - Regulated Electric industry by 0.07 percentage points. Evergy stock is currently +10.17% from its 52-week low of $46.92, and -18.46% from its 52-week high of $63.39.
As of Apr 26, 2024, there are 229.73M shares of EVRG outstanding. The market cap of EVRG is $11.87B. In the last 24 hours, 1.19M EVRG shares were traded.
How to Buy Evergy Stock
Wondering how to invest in Evergy stock? Here's how.
- Decide where to buy Evergy stock: You need to pick an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you choose where to buy Evergy stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Pick your payment method and add your info.
- Research Evergy stock: The Evergy ticker symbol is EVRG. Is Evergy stock a good investment? Should you buy shares of EVRG? How do EVRG's underlying business fundamentals look? Do top analysts think Evergy is a good buy? Why has EVRG's stock price moved recently? (Hint: Our stock market research tools can help you understand if EVRG is a good stock to buy).
- Make your EVRG buy order: Decide if you will purchase EVRG shares at the current market price or use a limit order to purchase EVRG shares at a particular price.
- Get notifications regarding your investment in EVRG: Create a watchlist to keep track of your investment in Evergy shares.
Step 1: Decide where to buy Evergy stock
You need an online brokerage account to access the NASDAQ market and buy EVRG shares.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the best brokerage, you'll need to fill out some personal info so you can buy EVRG today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to start a new trading account.
- Send your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've opened your account on one of the best stock market apps, your next step is to transfer the money for your investment:
Check out the walkthrough below if you need help depositing money into your new investment account.
Step 4: Research Evergy stock
After you have figured out the best place to buy Evergy stock, it's crucial to evaluate their stock before you invest, so you truly understand the risk and upside.
Evergy Numbers
Fundamentals of EVRG
WallStreetZen was designed to help average investors perform more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on EVRG's stock page.
How is EVRG stock valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge EVRG's fair value.
Using relative valuations measures:
- EVRG could be undervalued based on its P/E ratio of 16.25x, relative to Utilities - Regulated Electric industry P/E ratio of 16.38x
- EVRG may be undervalued based on its P/B ratio of 1.23x, relative to Utilities - Regulated Electric industry P/B ratio of 1.62x
- EVRG could be undervalued based on its PEG ratio of 0.76x
You can do more valuation research on EVRG's stock here.
EVRG Financials at a glance
Passed Health Checks:
- EVRG profit margin has gone up from 12.8% to 13.3% in the past year.
- EVRG has $27.70M in cash and short term investments. This is sufficient to cover its annual cash burn of $353.80M.
Failed Health Checks:
- There are more long-term liabilities than short-term assets on the EVRG balance sheet.
- EVRG has cash burn of 353800000. It does not have enough cash and short-term investments to cover this.
- There are more short-term liabilities than short-term assets on the EVRG balance sheet.
- EVRG has a relatively high debt to equity ratio of 2.2.
- Total EVRG debt is higher than 5 years ago, relative to shareholder equity.
Is Evergy stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 6 sell side analysts who track EVRG, the consensus analyst rating on EVRG is a Strong Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
Latest EVRG Analyst Upgrades/Downgrades
Shahriar Pourreza, a top 29% analyst from Guggenheim downgrades EVRG to a hold rating and announces their EVRG price target of $52.00, on Jan 22, 2024.
You can dig deeper into what analysts are projecting on the Evergy stock forecast page.
EVRG Technicals
Is EVRG Growing Revenue?
Last year, EVRG earnings were $731.30M. During the past five year, EVRG's earnings have gone up by 4.93% per year. This was slower than the Utilities - Regulated Electric industry average of 15.9%.
Last year, EVRG revenue was $5.51B. Over the past 5 year, EVRG's revenue has increased by 5.2% per year. This was faster than the Utilities - Regulated Electric industry average of 3.97%.
Dig into EVRG's earnings and revenue performance here.
What are EVRG executives and large shareholders up to?
In the last year, insiders at EVRG have sold more shares than they have bought.
Kirkland B. Andrews, EVP - Chief Financial Officer of EVRG, was the latest EVRG insider to sell. They sold $151,928.16 worth of EVRG stock on Mar 2, 2024.
Get more info about who owns EVRG stock here.
Does EVRG provide a stable income stream?
Evergy pays a dividend of 4.86%, compared to the Utilities - Regulated Electric industry's average dividend yield of 3.93%. If you owned $1,000 worth of EVRG stock, you would have received $48.56 in the past 12 months.
Evergy dividend payments have consistently grown over the past 6 years and have remained stable.
Get more data about Evergy dividend yield and history here.
EVRG Social Trading Data
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Make your EVRG buy order
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally sufficient. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at an exact price limit, place a limit order.
Hit the Open Trade button and eToro will execute your order.
If you need more help with investing in stocks on eToro, watch the how to video below:
Step 6: Get notifications regarding your investment in EVRG
Now that you own some EVRG stock, you'll want to stay up-to-date on your new shares.
Start a watchlist to get notified of important updates regarding your EVRG stock.
EVRG Feed
How to Buy Stock in Evergy
To summarize, here are the 6 steps to buy Evergy stock:
- Decide where to buy Evergy stock
- Create a brokerage account
- Put funds into your investment account
- Research Evergy stock
- Make your EVRG buy order
- Get notifications regarding your investment in EVRG
If you need a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to get notifications regarding your investment in Evergy, create a watchlist today.
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