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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 $52.74, down 0.42% from the previous day, and has decreased 10.49% in one year. It has underperformed other stocks in the Utilities - Regulated Electric industry by 0.06 percentage points. Evergy stock is currently +12.41% from its 52-week low of $46.92, and -14.72% from its 52-week high of $61.84.

As of Jun 14, 2024, there are 229.93M shares of EVRG outstanding. The market cap of EVRG is $12.13B. In the last 24 hours, 940,158 EVRG shares were traded.

How to Buy Evergy Stock

Wondering how to invest in Evergy stock? Here's how.
  1. 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.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Put funds into your investment account: Pick your payment method and add your info.
  4. 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).
  5. 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.
  6. 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.

A brokerage account is an investment account that enables you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 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.

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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.

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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

EVRG Price
$52.74
1w %
-0.42%
1y %
-10.49%
5y %
-13.07%
P/E
17.07x
P/B
1.26x
P/S
2.19x
PEG
1.33x
Revenue
$5.54B
Earnings
$711.40M
Fore. Rev. Growth
-1.23%
Fore. Earn. Growth
14.29%
Market Cap
$12.13B
Next Earnings
Aug 2, 2024
Next Dividend
Jun 20, 2024

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 17.07x, relative to Utilities - Regulated Electric industry P/E ratio of 17.88x
  • EVRG may be undervalued based on its P/B ratio of 1.26x, relative to Utilities - Regulated Electric industry P/B ratio of 1.66x
  • EVRG could be overvalued based on its PEG ratio of 1.33x

You can do more valuation research on EVRG's stock here.

EVRG Financials at a glance

Failed Health Checks:

  • EVRG has cash burn of 490300000. It does not have sufficient cash and short-term investments to cover this.
  • EVRG profit margin has gone down from 13% to 12.8% in the past year.
  • EVRG has a relatively high debt to equity ratio of 2.24.
  • There are more long-term liabilities than short-term assets on the EVRG balance sheet.
  • Total EVRG debt is higher than 5 years ago, relative to shareholder equity.
  • EVRG has $63.70M in cash and short term investments. This is not enough to cover its annual cash burn of $490.30M.
  • There are more short-term liabilities than short-term assets on the EVRG balance sheet.

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 24% 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

SMA10
53.42
SMA20
53.77
SMA50
53.28
SMA100
52.02
SMA200
51.68
MACD
-0.21
MACD Signal
-0.03
MACD Histogram
-0.18
RSI
42.36
Stochastic %K
22.76
Stochastic %D
24.8
StochRSI %K
25.24
StochRSI %D
29.4

Is EVRG Growing Revenue?

Last year, EVRG earnings were $711.40M. During the past five year, EVRG's earnings have gone up by 7.42% per year. This was slower than the Utilities - Regulated Electric industry average of 16.03%.

Last year, EVRG revenue was $5.54B. Over the past 5 year, EVRG's revenue has increased by 2.53% per year. This was slower than the Utilities - Regulated Electric industry average of 4.08%.

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 4.82%, compared to the Utilities - Regulated Electric industry's average dividend yield of 3.61%. If you owned $1,000 worth of EVRG stock, you would have received $48.16 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

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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.

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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:

  1. Decide where to buy Evergy stock
  2. Create a brokerage account
  3. Put funds into your investment account
  4. Research Evergy stock
  5. Make your EVRG buy order
  6. Get notifications regarding your investment in EVRG

If you need a online brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get notifications regarding your investment in Evergy, create a watchlist today.

NASDAQ: EVRG
$52.74-0.22 (-0.42%)
Updated Jun 14, 2024
Open eToro Account
NASDAQ: EVRG
$52.74-0.22 (-0.42%)
Updated Jun 14, 2024
Open eToro Account

FAQ

How much does it cost to buy one Evergy share?

As of Jun 14, 2024, it costs $52.74 to buy one share of Evergy stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.19 shares of EVRG.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Evergy stock?

According to 6 Wall Street analysts who monitor Evergy, their consensus recommendation is to buy Evergy stock.

What is the best way to buy Evergy stock?

One way to place an order for Evergy stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.