PPL (NYSE:PPL) Releases FY 2026 Earnings Guidance

Key Points

• FY 2026 guidance: PPL issued EPS guidance of 1.900–1.980, versus the consensus estimate of 1.950, and did not provide revenue guidance.
• Dividend increase: PPL raised its quarterly dividend to $0.285 (annualized $1.14), up from $0.27, implying a ~2.9% yield and a payout ratio of ~71.3%.
• Recent results slightly missed expectations—Q most recent EPS was $0.41 vs. $0.42 consensus and revenue was $2.27B vs. $2.34B—and analysts’ consensus rating is a Moderate Buy with a $41.25 price target.

PPL (NYSE:PPL - Get Free Report) issued an update on its FY 2026 earnings guidance on Saturday morning. The company provided earnings per share (EPS) guidance of 1.900-1.980 for the period, compared to the consensus estimate of 1.950. The company issued revenue guidance of -.

PPL Trading Down 0.3%

Shares of PPL stock opened at $39.67 on Friday. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.86 and a quick ratio of 0.74. The company has a market cap of $29.84 billion, a price-to-earnings ratio of 24.80, a PEG ratio of 2.78 and a beta of 0.66. The stock has a 50 day simple moving average of $37.69 and a 200-day simple moving average of $36.61. PPL has a 1-year low of $33.12 and a 1-year high of $39.85.

PPL (NYSE:PPL - Get Free Report) last posted its quarterly earnings data on Friday, February 20th. The utilities provider reported $0.41 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.01). PPL had a net margin of 13.06% and a return on equity of 9.29%. The firm had revenue of $2.27 billion during the quarter, compared to analyst estimates of $2.34 billion. During the same period in the prior year, the company posted $0.34 earnings per share. The firm's revenue for the quarter was up 2.8% compared to the same quarter last year. PPL has set its FY 2026 guidance at 1.900-1.980 EPS. On average, equities research analysts expect that PPL will post 1.83 EPS for the current fiscal year.

PPL Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Investors of record on Tuesday, March 10th were paid a $0.285 dividend. The ex-dividend date of this dividend was Tuesday, March 10th. This represents a $1.14 annualized dividend and a yield of 2.9%. This is an increase from PPL's previous quarterly dividend of $0.27. PPL's dividend payout ratio is currently 71.25%.

Analyst Ratings Changes

PPL has been the subject of several recent research reports. BMO Capital Markets increased their price objective on PPL from $41.00 to $42.00 and gave the company an "outperform" rating in a research note on Monday, March 16th. Mizuho increased their price objective on PPL from $39.00 to $40.00 and gave the company a "neutral" rating in a research note on Monday, March 16th. Barclays increased their price objective on PPL from $40.00 to $41.00 and gave the company an "overweight" rating in a research note on Wednesday. Wells Fargo & Company reduced their price objective on PPL from $45.00 to $41.00 and set an "overweight" rating for the company in a research note on Tuesday, January 20th. Finally, Morgan Stanley reissued an "overweight" rating and issued a $42.00 price objective on shares of PPL in a research note on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $41.25.

Institutional Trading of PPL

Hedge funds and other institutional investors have recently modified their holdings of the stock. Rossby Financial LCC increased its stake in shares of PPL by 70.0% in the 4th quarter. Rossby Financial LCC now owns 3,012 shares of the utilities provider's stock worth $105,000 after acquiring an additional 1,240 shares during the last quarter. Triumph Capital Management acquired a new stake in shares of PPL in the 3rd quarter worth $173,000. EverSource Wealth Advisors LLC increased its stake in shares of PPL by 64.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,695 shares of the utilities provider's stock worth $159,000 after acquiring an additional 1,848 shares during the last quarter. Cary Street Partners Financial LLC increased its stake in shares of PPL by 6.9% in the 2nd quarter. Cary Street Partners Financial LLC now owns 5,299 shares of the utilities provider's stock worth $180,000 after acquiring an additional 343 shares during the last quarter. Finally, von Borstel & Associates Inc. acquired a new stake in shares of PPL in the 3rd quarter worth $235,000. 76.99% of the stock is owned by institutional investors and hedge funds.

About PPL

PPL Corporation is an energy company that owns and operates electric transmission and distribution infrastructure and provides related customer services. The company's core business centers on delivering electricity to residential, commercial and industrial customers through regulated utility operations, maintaining grid reliability, responding to outages and managing customer billing and account services.

PPL's activities include construction and maintenance of distribution and transmission lines, meter and grid management, and programs to support energy efficiency and the interconnection of distributed resources.

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