FY2026 Earnings Estimate for PPL Issued By Scotiabank

Key Points

• Scotiabank forecasts PPL will earn $1.92 per share in FY2026 and $2.14 in FY2027, compared with the FY2026 consensus estimate of $1.94. The firm maintains a “Strong Buy” rating, while PPL’s guidance is $1.90–$1.98 in FY2026 EPS.
• PPL’s latest quarterly results fell slightly short of expectations, with EPS of $0.33 versus $0.34 expected and revenue of $2.11 billion versus $2.19 billion estimated. Revenue nevertheless increased 4.2% year over year.
• The stock has a “Moderate Buy” consensus rating and a $40.21 average price target, versus a recent price of $32.81. PPL also offers a quarterly dividend of $0.285 per share, equivalent to a 3.5% annualized yield.

PPL Corporation (NYSE:PPL - Free Report) - Research analysts at Scotiabank issued their FY2026 earnings per share (EPS) estimates for shares of PPL in a note issued to investors on Thursday, October 1st. Scotiabank analyst I. Rapp forecasts that the utilities provider will post earnings per share of $1.92 for the year. Scotiabank has a "Strong-Buy" rating on the stock. The consensus estimate for PPL's current full-year earnings is $1.94 per share. Scotiabank also issued estimates for PPL's FY2027 earnings at $2.14 EPS.

PPL (NYSE:PPL - Get Free Report) last announced its earnings results on Friday, August 7th. The utilities provider reported $0.33 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.34 by ($0.01). The business had revenue of $2.11 billion during the quarter, compared to analyst estimates of $2.19 billion. PPL had a net margin of 13.47% and a return on equity of 9.33%. The business's revenue for the quarter was up 4.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.32 earnings per share. PPL has set its FY 2026 guidance at 1.900-1.980 EPS.

Several other research analysts have also weighed in on the stock. Bank of America decreased their price objective on shares of PPL from $42.00 to $39.00 and set a "buy" rating for the company in a report on Monday, July 20th. Jefferies Financial Group cut their target price on shares of PPL from $48.00 to $44.00 and set a "buy" rating on the stock in a research note on Tuesday, August 25th. Mizuho raised shares of PPL to a "hold" rating in a research report on Friday, July 3rd. Morgan Stanley decreased their price target on PPL from $42.00 to $39.00 and set an "overweight" rating for the company in a research note on Friday, September 18th. Finally, Barclays boosted their price objective on PPL from $39.00 to $41.00 and gave the company an "overweight" rating in a report on Tuesday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $40.21.

PPL Trading Up 0.0%

PPL opened at $32.81 on Monday. The stock has a market capitalization of $24.69 billion, a PE ratio of 19.41, a P/E/G ratio of 3.21 and a beta of 0.56. The firm's fifty day moving average price is $34.43 and its 200 day moving average price is $35.98. The company has a debt-to-equity ratio of 1.32, a current ratio of 0.91 and a quick ratio of 0.73. PPL has a 12-month low of $31.56 and a 12-month high of $40.10.

PPL Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th were issued a dividend of $0.2850 per share. This represents a $1.14 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend was Thursday, September 10th. PPL's dividend payout ratio is 67.46%.

Insiders Place Their Bets

In other news, CFO Ashley Johnson sold 34,993 shares of the firm's stock in a transaction dated Thursday, July 23rd. The shares were sold at an average price of $22.08, for a total value of $772,645.44. Following the transaction, the chief financial officer directly owned 561,482 shares in the company, valued at approximately $12,397,522.56. This trade represents a 5.87% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Kristen Robinson sold 37,107 shares of PPL stock in a transaction dated Wednesday, July 15th. The shares were sold at an average price of $25.05, for a total transaction of $929,530.35. Following the completion of the transaction, the director directly owned 222,897 shares of the company's stock, valued at $5,583,569.85. This trade represents a 14.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.34% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On PPL

Large investors have recently bought and sold shares of the business. Washington Trust Advisors Inc. grew its holdings in shares of PPL by 494.5% during the second quarter. Washington Trust Advisors Inc. now owns 862 shares of the utilities provider's stock valued at $31,000 after purchasing an additional 717 shares during the last quarter. Allied Private Wealth LLC acquired a new stake in shares of PPL during the 2nd quarter worth approximately $42,000. Covestor Ltd lifted its holdings in shares of PPL by 206.7% in the 2nd quarter. Covestor Ltd now owns 1,291 shares of the utilities provider's stock worth $47,000 after purchasing an additional 870 shares during the last quarter. Root Financial Partners LLC lifted its holdings in shares of PPL by 72.5% in the 1st quarter. Root Financial Partners LLC now owns 2,587 shares of the utilities provider's stock worth $99,000 after purchasing an additional 1,087 shares during the last quarter. Finally, Silvant Capital Management LLC acquired a new position in PPL during the 2nd quarter valued at approximately $119,000. Institutional investors own 76.99% of the company's stock.

PPL Company Profile

PPL Corporation NYSE: PPL is an energy holding company that owns and operates regulated electric and natural gas utilities in the United States. Its businesses deliver electricity and natural gas to residential, commercial, and industrial customers, while also operating and maintaining the infrastructure needed to support reliable energy service.

PPL's principal subsidiaries include PPL Electric Utilities, which serves customers in eastern and central Pennsylvania; Louisville Gas and Electric Company and Kentucky Utilities, which provide electric and natural gas service in Kentucky; and Rhode Island Energy, which supplies electricity and natural gas to customers across Rhode Island.

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