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 Price Performance

Shares of NYSE:PPL opened at $33.76 on Friday. PPL has a one year low of $25.87 and a one year high of $35.15. The stock has a fifty day moving average of $32.85 and a 200-day moving average of $32.54. The company has a market capitalization of $24.91 billion, a PE ratio of 30.14, a price-to-earnings-growth ratio of 2.75 and a beta of 0.83. 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 announced its earnings results on Thursday, February 13th. The utilities provider reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate 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 analysts anticipate that PPL will post 1.72 EPS for the current fiscal year.

PPL Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Monday, March 10th will be paid a $0.2725 dividend. The ex-dividend date of this dividend is Monday, March 10th. This is an increase 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 is 91.97%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the stock. JPMorgan Chase & Co. initiated coverage on shares of PPL in a research note on Friday, October 25th. They issued an “overweight” rating and a $37.00 price target on the stock. Barclays decreased their price objective on shares of PPL from $34.00 to $33.00 and set an “equal weight” rating for the company in a report on Wednesday, January 22nd. BMO Capital Markets initiated coverage on shares of PPL in a report on Wednesday, December 11th. They issued an “outperform” rating and a $36.00 price objective for the company. Jefferies Financial Group decreased their price objective on shares of PPL from $39.00 to $38.00 and set a “buy” rating for the company in a report on Tuesday, December 17th. Finally, Bank of America upped their price objective on shares of PPL from $34.00 to $35.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Four equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $34.00.

Insider Activity

In related news, COO David J. Bonenberger sold 981 shares of the firm’s 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 completion of the transaction, the chief operating officer now directly owns 45,414 shares of the company’s stock, valued at $1,520,460.72. This trade represents a 2.11 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider John R. Crockett III sold 9,161 shares of the firm’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $34.35, for a total value of $314,680.35. Following the completion of the transaction, the insider now directly owns 12,434 shares of the company’s stock, valued at approximately $427,107.90. This trade represents a 42.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 19,794 shares of company stock valued at $661,338. 0.22% of the stock is owned by company insiders.

PPL Company Profile

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.