PPL (NYSE:PPL) Issues FY 2025 Earnings Guidance

PPL (NYSE:PPL) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 1.750-1.870 for the period, compared to the consensus EPS estimate of 1.780. The company issued revenue guidance of -.

PPL Stock Down 1.9 %

Shares of NYSE PPL opened at $33.76 on Friday. The stock has a market cap of $24.91 billion, a PE ratio of 30.14, a PEG ratio of 2.75 and a beta of 0.83. The business has a fifty day moving average of $32.85 and a two-hundred day moving average of $32.54. PPL has a 52-week low of $25.87 and a 52-week high of $35.15. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.07 and a current ratio of 1.29.

PPL (NYSE:PPL) last issued its quarterly earnings data on Thursday, February 13th. The utilities provider reported $0.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.03). PPL had a net margin of 9.95% and a return on equity of 9.20%. As a group, equities research analysts expect that PPL will post 1.72 earnings per share for the current fiscal year.

PPL Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Monday, March 10th will be issued a dividend of $0.2725 per share. The ex-dividend date is Monday, March 10th. This is a boost from PPL’s previous quarterly dividend of $0.26. This represents a $1.09 dividend on an annualized basis and a dividend yield of 3.23%. PPL’s dividend payout ratio (DPR) is presently 91.97%.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on PPL. Bank of America raised their target price on PPL from $34.00 to $35.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Citigroup raised their target price on PPL from $31.00 to $36.00 and gave the company a “neutral” rating in a research note on Thursday, December 12th. Jefferies Financial Group lowered their target price on PPL from $39.00 to $38.00 and set a “buy” rating for the company in a research note on Tuesday, December 17th. JPMorgan Chase & Co. began coverage on PPL in a research note on Friday, October 25th. They issued an “overweight” rating and a $37.00 target price for the company. Finally, BMO Capital Markets began coverage on PPL in a research note on Wednesday, December 11th. They issued an “outperform” rating and a $36.00 target price for the company. Four research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $34.00.

Insider Buying and Selling

In other PPL news, insider John R. Crockett III sold 9,161 shares of the firm’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $34.35, for a total transaction of $314,680.35. Following the transaction, the insider now owns 12,434 shares in the company, valued at approximately $427,107.90. This trade represents a 42.42 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO David J. Bonenberger sold 981 shares of the firm’s stock in a transaction dated Tuesday, January 28th. The stock was sold at an average price of $33.48, for a total value of $32,843.88. Following the transaction, the chief operating officer now owns 45,414 shares in the company, valued at approximately $1,520,460.72. This trade represents a 2.11 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 19,794 shares of company stock worth $661,338 over the last three months. 0.22% of the stock is currently owned by company insiders.

About PPL

PPL Corporation, an energy company, focuses on providing electricity and natural gas to approximately 3.6 million customers in the United States. It operates through three segments: Kentucky Regulated, Pennsylvania Regulated, and Rhode Island Regulated. The company delivers electricity to customers in Pennsylvania, Kentucky, Virginia, and Rhode Island; delivers natural gas to customers in Kentucky and Rhode Island; and generates electricity from power plants in Kentucky.