PPL (NYSE:PPL – Get Free Report) updated its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of 1.920-1.960 for the period, compared to the consensus EPS estimate of 1.950.
PPL Trading Down 0.4%
PPL opened at $35.85 on Friday. The company has a debt-to-equity ratio of 1.32, a current ratio of 0.91 and a quick ratio of 0.73. The company’s 50 day moving average price is $34.20 and its two-hundred day moving average price is $36.06. The firm has a market capitalization of $26.98 billion, a price-to-earnings ratio of 19.53, a PEG ratio of 3.53 and a beta of 0.55. PPL has a fifty-two week low of $31.56 and a fifty-two week high of $40.10.
PPL (NYSE:PPL – Get Free Report) last announced its quarterly earnings results on Friday, November 6th. The utilities provider reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.01. PPL had a net margin of 13.47% and a return on equity of 9.33%. The firm had revenue of $2.50 billion during the quarter, compared to analysts’ expectations of $2.41 billion. During the same quarter in the prior year, the company earned $0.48 EPS. The company’s revenue was up 11.5% compared to the same quarter last year. PPL has set its FY 2026 guidance at 1.920-1.960 EPS. As a group, research analysts predict that PPL will post 1.94 earnings per share for the current year.
PPL Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th were issued a $0.2850 dividend. This represents a $1.14 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend was Thursday, September 10th. PPL’s dividend payout ratio (DPR) is presently 67.46%.
Wall Street Analysts Forecast Growth
A number of analysts recently commented on PPL shares. Scotiabank began coverage on shares of PPL in a research note on Tuesday, September 29th. They issued a “sector outperform” rating and a $36.00 target price for the company. BTIG Research reiterated a “buy” rating and issued a $41.00 price target on shares of PPL in a research note on Tuesday, October 20th. Truist Financial started coverage on PPL in a research report on Tuesday, October 27th. They issued a “buy” rating and a $41.00 target price for the company. JPMorgan Chase & Co. raised their price target on PPL from $42.00 to $45.00 and gave the company an “overweight” rating in a research note on Thursday, July 16th. Finally, Royal Bank Of Canada initiated coverage on shares of PPL in a report on Tuesday, September 15th. They issued a “sector perform” rating and a $35.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $40.06.
Get Our Latest Research Report on PPL
Insider Buying and Selling at PPL
In other PPL news, EVP Wendy Stark sold 5,406 shares of the company’s stock in a transaction dated Thursday, October 15th. The shares were sold at an average price of $35.11, for a total transaction of $189,804.66. Following the transaction, the executive vice president directly owned 99,220 shares in the company, valued at approximately $3,483,614.20. This represents a 5.17% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.34% of the company’s stock.
About PPL
PPL Corporation (NYSE:PPL) is an energy and utility holding company headquartered in Allentown, Pennsylvania. Through its regulated utility subsidiaries, the company delivers electricity and natural gas, operates electric distribution and transmission systems, and provides related energy services to residential, commercial, and industrial customers.
PPL’s principal businesses include PPL Electric Utilities in Pennsylvania, Louisville Gas and Electric Company and Kentucky Utilities in Kentucky, and Rhode Island Energy in Rhode Island.
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