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EVRG Evergy

utility · valued with glm-5.2 medium conviction · deep-dived 2026-08-27

HOLD
Intrinsic value$65.18
Price (at call)$82.23
Margin of safety -20.7%
vs market (rating basis) +6.4%

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The story

Value drivers

Return on equity (normalized)9.1%
Book-value growth (Y1)0.6%
Terminal book growth3.0%
Beta0.52
Failure probability0.0%
Cost of equity7.0%

Valuation bridge

PV of excess returns1.57B
PV of terminal excess3.24B
Equity value15.03B
÷ shares → per share$65.18

News

bullish +0.30 · 8 articles

  • Can Economic Development Drive EVRG's Long-Term Earnings Growth?
  • Are Utilities Stocks Lagging Evergy (EVRG) This Year?
  • Evergy (EVRG) Q2 2026 Earnings Call Transcript
  • Evergy has 3 GW of large loads signed and a 5-GW generation pipeline
  • Do Wall Street Analysts Like Evergy Stock?
  • Evergy (EVRG) Could Be 8% Undervalued On Earnings And Dividend Update
  • Evergy, Inc. Q2 2026 Earnings Call Summary
  • Evergy Q2 Earnings Call Highlights

Projected excess returns on equity

YrBook equityROEExcess returnPV
110.22B 9.1%212.20M 198.35M
210.28B 9.1%213.43M 186.48M
310.37B 9.1%215.24M 175.79M
410.48B 9.1%217.65M 166.16M
510.63B 9.1%220.66M 157.47M
610.80B 9.1%224.32M 149.63M
711.01B 9.1%228.63M 142.55M
811.25B 9.1%233.65M 136.17M
911.53B 9.1%239.40M 130.42M
1011.85B 9.1%245.94M 125.24M

History

DatePriceIntrinsicMoSRating
2026-08-27$82.23 $65.18 -20.7% HOLD
2026-07-15$86.45 $71.30 -17.5% HOLD
2026-06-23$84.84 $73.79 -13.0% HOLD