After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Evergy Inc. (EVRG) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $54.44. The Evergy Inc. has recorded 203,236 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Evergy Announces Second Quarter 2023 Results, Declares Quarterly Dividend and Reaffirms 2023 Guidance.
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Stocks Info
The company is listed on the NASDAQ and operates within the Utilities – Regulated Electric industry segment. At the end of the last regular session, the stock closed at $54.44 and fluctuated between $54.64 as its day high and $53.87 as its day low. The current market capitalization of Evergy Inc. is $12.43B. A total of 1.63 million shares were traded on the day, compared to an average of 1.38M shares.
Insider Activity
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, EVRG has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 17 BUYs and 18 SELLs from insiders. Insiders purchased 59,365 shares during that period but sold 50,660.
In the most recent transaction, Landrieu Mary L. sold 1,170 shares of EVRG for 59.62 per share on Jun 14. After the transaction, the Director now owns 4,210 company shares. In a previous transaction on May 25, Elwell Lesley Lissette sold 1,328 shares at 57.67 per share. EVRG shares that SVP & CHIEF HRO & CHIEF DO owns now total 27.
Among the insiders who sold shares, Lawrence Sandra AJ disposed of 2,523 shares on May 12 at a per-share price of $62.32. This resulted in the Director holding 480 shares of EVRG after the transaction. In another insider transaction, Bryant Kevin E. sold 22,500 shares at $59.81 per share on Mar 09. Company shares held by the EVP – CHIEF OPERATING OFFICER now total 32,993.
Dividend
The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Evergy Inc. pays an annual dividend of $2.45, resulting in a dividend yield of 4.50%, and it has a price to earnings (P/E) ratio of 16.57.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for EVRG in the last 3 months, the mean price target is $60.33 with high estimates of $68.00 and low estimates of $52.00. In terms of 52-week highs and lows, EVRG has a high of $70.04 and a low of $52.28.
As of this writing, EVRG has an earnings estimate of $1.87 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $1.98 per share and a lower estimate of $1.74. The company reported an EPS of $0.59 in the last quarter, which was 1.70% higher than expectations of $0.58.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. EVRG’s latest balance sheet shows that the firm has $26.20M in Cash & Short Term Investments as of fiscal 2021. There were $11.17B in debt and $3.10B in liabilities at the time. Its Book Value Per Share was $41.44, while its Total Shareholder’s Equity was $9.24B.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for EVRG is Buy with a score of 3.17.