Shares of Evergy Inc. (NYSE:EVRG) traded today at $69.06, eclipsing its 52-week high. So far today approximately 311,000 shares have been exchanged, as compared to an average 30-day volume of 1.2 million shares.
Evergy Inc. (NYSE:EVRG) defies analysts with a current price ($68.95) 22.4% above its average consensus price target of $53.51.
Evergy Inc. share prices have moved between a 52-week high of $69.06 and a 52-week low of $48.61 and are now trading 42% above that low price at $68.95 per share.
Evergy is a regulated electric utility serving eastern Kansas and western Missouri. Major operating subsidiaries include Evergy Metro, Evergy Kansas Central, Evergy Missouri West, and Evergy Transmission Company. The utility has a combined rate base of approximately $15 billion, about half in Kansas and half split between Missouri and federal jurisdiction. Evergy operates and owns 94% of the 1,200 MW Wolf Creek nuclear plant that supplies about 17% of the company’s net generation or purchased power. Coal and natural gas generation supply over 50% of total sales but is declining with planned coal plant retirements.
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