PPL (NYSE:PPL) Issues FY 2025 Earnings Guidance

PPL (NYSE:PPLGet Free Report) 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 -.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. Citigroup upped their price objective on PPL from $31.00 to $36.00 and gave the company a “neutral” rating in a research note on Thursday, December 12th. BMO Capital Markets began coverage on PPL in a report on Wednesday, December 11th. They issued an “outperform” rating and a $36.00 price objective for the company. Barclays cut their target price on PPL from $34.00 to $33.00 and set an “equal weight” rating for the company in a research note on Wednesday, January 22nd. 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 note on Monday, November 4th. Finally, Jefferies Financial Group cut 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. Four analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, PPL currently has a consensus rating of “Moderate Buy” and a consensus target price of $34.00.

Read Our Latest Analysis on PPL

PPL Price Performance

Shares of PPL traded down $0.53 during trading hours on Thursday, reaching $34.00. 6,242,285 shares of the company’s stock traded hands, compared to its average volume of 4,303,707. The stock has a market cap of $25.09 billion, a PE ratio of 30.35, a price-to-earnings-growth ratio of 2.75 and a beta of 0.83. The company has a current ratio of 1.29, a quick ratio of 1.07 and a debt-to-equity ratio of 1.17. The firm’s 50 day simple moving average is $32.85 and its 200-day simple moving average is $32.53. PPL has a 12 month low of $25.87 and a 12 month high of $35.15.

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

PPL Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 2nd. Shareholders of record on Tuesday, December 10th were paid a $0.2575 dividend. The ex-dividend date of this dividend was Tuesday, December 10th. This represents a $1.03 dividend on an annualized basis and a yield of 3.03%. PPL’s dividend payout ratio (DPR) is currently 91.97%.

Insider Activity

In other PPL news, COO David J. Bonenberger sold 981 shares of the business’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 sale, the chief operating officer now directly owns 45,414 shares of the company’s stock, valued at approximately $1,520,460.72. The trade was a 2.11 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider John R. Crockett III sold 9,161 shares of the business’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 sale, the insider now directly owns 12,434 shares in the company, valued at $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 have sold 19,794 shares of company stock valued at $661,338. Company insiders own 0.22% of the company’s stock.

PPL Company Profile

(Get Free Report)

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.

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Earnings History and Estimates for PPL (NYSE:PPL)

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