PPL (NYSE:PPL) Issues FY 2025 Earnings Guidance

PPL (NYSE:PPL) updated its FY 2025 earnings guidance on Thursday. 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 -.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on PPL. Citigroup raised their target price on PPL from $31.00 to $36.00 and gave the stock a “neutral” rating in a research report on Thursday, December 12th. Bank of America raised their target price on PPL from $34.00 to $35.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. JPMorgan Chase & Co. began coverage on PPL in a research report on Friday, October 25th. They set an “overweight” rating and a $37.00 target price for the company. BMO Capital Markets began coverage on PPL in a research report on Wednesday, December 11th. They issued an “outperform” rating and a $36.00 price objective for the company. Finally, Barclays lowered their price objective on PPL from $34.00 to $33.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 22nd. Four investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $34.00.

PPL Stock Performance

Shares of PPL stock traded down $0.86 during trading hours on Thursday, hitting $33.66. 3,146,818 shares of the company’s stock traded hands, compared to its average volume of 4,167,972. PPL has a 12-month low of $25.87 and a 12-month high of $35.15. The stock has a market capitalization of $24.84 billion, a price-to-earnings ratio of 30.18, a PEG ratio of 2.75 and a beta of 0.83. The company has a fifty day simple moving average of $32.85 and a 200-day simple moving average of $32.53. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.29 and a quick ratio of 1.07.

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

PPL Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, January 2nd. Stockholders of record on Tuesday, December 10th were paid a dividend of $0.2575 per share. The ex-dividend date was Tuesday, December 10th. This represents a $1.03 annualized dividend and a dividend yield of 3.06%. PPL’s payout ratio is 91.97%.

Insider Transactions at PPL

In other news, SVP Tadd J. Henninger sold 1,424 shares of the stock in a transaction on Tuesday, January 28th. The stock was sold at an average price of $33.48, for a total transaction of $47,675.52. Following the completion of the transaction, the senior vice president now owns 11,259 shares in the company, valued at approximately $376,951.32. This represents a 11.23 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO David J. Bonenberger sold 981 shares of the stock in a transaction on 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 of the company’s stock, valued at $1,520,460.72. The trade was a 2.11 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 19,794 shares of company stock worth $661,338. 0.22% of the stock is 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.