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Evergy: Power Up Your Portfolio With 3.4% Yield And 5% Di...
Treading Softly · 2026-06-15 · via All Articles on Seeking Alpha

Summary

  • Evergy is reiterated as a Buy, driven by robust data center agreements and a visible multi-year growth runway.
  • EVRG's adjusted EPS is projected to grow at an 8.7% annual rate, outpacing its 10-year CAGR, with a forward 12-month fair value estimate of $86 per share.
  • The company maintains a stable BBB+ credit rating, targets a 14–15% FFO to debt ratio, and is positioned for low double-digit annual total returns through 2031.
  • Risks include regulatory outcomes on Missouri rate cases, interest rate pressures, and union labor negotiations, but EVRG's dividend safety and growth streak remain strong.
  • Looking for a portfolio of ideas like this one? Members of The Dividend Kings get exclusive access to our subscriber-only portfolios. Learn More »
  • Sitewide Sale 2026: Get 20% Off
An overhead aerial/drone view of an electricity pylon in an green agricultural field in the UK

Justin Paget/DigitalVision via Getty Images

Co-authored by Kody's Dividends

The narrative surrounding the electric grid has drastically shifted from maintaining the status quo to managing a huge surge in electricity demand. More specifically, the overall demand for energy from the electric grid in the United States is

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Kody's Dividends, Justin Law, and Rachel Kaufman are part of the Dividend Kings team.

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