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 $62.96, down 0.57% from the previous day, and has increased 21.19% in one year. It has overperformed other stocks in the Utilities - Regulated Electric industry by 0.04 percentage points. Evergy stock is currently +31.06% from its 52-week low of $48.04, and -3.83% from its 52-week high of $65.47.
As of Dec 6, 2024, there are 229.98M shares of EVRG outstanding. The market cap of EVRG is $14.48B. In the last 24 hours, 1.41M 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.
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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.
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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.
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 17.02x, relative to Utilities - Regulated Electric industry P/E ratio of 18.55x
- EVRG may be undervalued based on its P/B ratio of 1.44x, relative to Utilities - Regulated Electric industry P/B ratio of 1.84x
- EVRG could be overvalued based on its PEG ratio of 3.57x
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 12.2% to 14.8% in the past year.
Failed Health Checks:
- EVRG has $34.60M in cash and short term investments. This is not enough to cover its annual cash burn of $481.90M.
- Total EVRG debt is higher than 5 years ago, relative to shareholder equity.
- There are more short-term liabilities than short-term assets on the EVRG balance sheet.
- There are more long-term liabilities than short-term assets on the EVRG balance sheet.
- EVRG has cash burn of 481900000. It does not have sufficient cash and short-term investments to cover this.
- EVRG has a relatively high debt to equity ratio of 2.2.
Is Evergy stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 4 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.
You can dig deeper into what analysts are saying on the Evergy stock forecast page.
Metrics for Advanced EVRG Traders
Is EVRG Growing Revenue?
Last year, EVRG earnings were $853.30M. Over the past five year, EVRG's earnings have grown by 8.95% per year. This was slower than the Utilities - Regulated Electric industry average of 14.85%.
Last year, EVRG revenue was $5.78B. During the past 5 year, EVRG's revenue has gone up by 2.07% per year. This was slower than the Utilities - Regulated Electric industry average of 3.91%.
Learn more about EVRG's earnings and revenue performance here.
Are EVRG executives and large shareholders buying or selling the stock?
Over the past 12 months, executives and large shareholders at EVRG have sold more shares than they have bought.
Charles L. King, SVP CHIEF TECHNOLOGY OFFICER of EVRG, was the latest EVRG insider to sell. They sold $150,008.30 worth of EVRG shares on Nov 27, 2024.
Learn more about who owns EVRG shares here.
Can I rely on EVRG as an income stream?
Evergy pays a dividend of 4.12%, compared to the Utilities - Regulated Electric industry's average dividend yield of 3.23%. If you owned $1,000 worth of EVRG stock, you would have been paid $41.22 in the past 12 months.
Evergy dividend payments have consistently grown over the past 7 years and have remained stable.
Find more analysis about Evergy dividend yield and history here.
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Step 5: Make your EVRG buy order
There are two main options:
- 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 fine. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at an exact price limit, use a limit order.
Hit the Open button and your broker will execute the order.
If you require more help buying stocks on eToro, watch the helpful 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 investment.
Create a watchlist to get the latest updates about your EVRG stock.
EVRG Feed
How to Buy Stock in Evergy
To reiterate, here are the 6 steps to buy stock in Evergy:
- 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 require a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to track your new investment in Evergy, add EVRG to your watchlist below.
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