PPL (NYSE:PPL – Get Free Report) updated its FY 2026 earnings guidance on Friday. The company provided EPS guidance of 1.920-1.960 for the period, compared to the consensus earnings per share estimate of 1.950.
Wall Street Analyst Weigh In
Several analysts recently commented on PPL shares. Truist Financial began coverage on PPL in a report on Tuesday, October 27th. They set a “buy” rating and a $41.00 target price on the stock. Wells Fargo & Company upped their price objective on PPL from $43.00 to $44.00 and gave the stock an “overweight” rating in a research report on Monday, September 28th. BTIG Research reaffirmed a “buy” rating and set a $41.00 price objective on shares of PPL in a research note on Tuesday, October 20th. Barclays reduced their price target on PPL from $41.00 to $38.00 and set an “overweight” rating for the company in a report on Monday, October 12th. Finally, HSBC started coverage on shares of PPL in a research report on Thursday, October 22nd. They set a “buy” rating and a $42.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, PPL currently has an average rating of “Moderate Buy” and a consensus target price of $40.06.
Check Out Our Latest Stock Analysis on PPL
PPL Stock Performance
Shares of PPL stock traded up $0.16 during mid-day trading on Friday, hitting $36.16. 5,710,549 shares of the stock were exchanged, compared to its average volume of 8,400,942. PPL has a 12-month low of $31.56 and a 12-month high of $40.10. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.73 and a current ratio of 0.91. The stock has a market capitalization of $27.21 billion, a price-to-earnings ratio of 21.40, a P/E/G ratio of 3.49 and a beta of 0.55. The stock’s fifty day simple moving average is $34.18 and its two-hundred day simple moving average is $36.07.
PPL (NYSE:PPL – Get Free Report) last released its earnings results on Friday, November 6th. The utilities provider reported $0.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.01. The company had revenue of $2.50 billion for the quarter, compared to analysts’ expectations of $2.41 billion. PPL had a return on equity of 9.33% and a net margin of 13.47%. The firm’s quarterly revenue was up 11.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.48 EPS. PPL has set its FY 2026 guidance at 1.920-1.960 EPS. On average, analysts forecast that PPL will post 1.94 EPS for the current year.
PPL Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th were paid a dividend of $0.2850 per share. The ex-dividend date was Thursday, September 10th. This represents a $1.14 annualized dividend and a yield of 3.2%. PPL’s dividend payout ratio is currently 67.46%.
Insider Activity at PPL
In other news, EVP Wendy Stark sold 5,406 shares of PPL stock in a transaction dated Thursday, October 15th. The shares were sold at an average price of $35.11, for a total value of $189,804.66. Following the completion of the transaction, the executive vice president directly owned 99,220 shares of the company’s stock, valued at approximately $3,483,614.20. The trade was a 5.17% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 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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