What is Seaport Res Ptn's Estimate for PPL FY2025 Earnings?

Key Points

• Seaport Res Ptn has revised its fiscal year 2025 earnings estimate for PPL Corporation from $1.85 to $1.83 per share, aligning with the current consensus estimate.
• PPL reported a quarterly earnings per share of $0.60, exceeding estimates by $0.07, with an 8.7% increase in revenue compared to the same quarter last year.
• The company announced a quarterly dividend of $0.2725 per share, reflecting a 3.01% yield and an 80.74% dividend payout ratio.

PPL Corporation (NYSE:PPL - Free Report) - Seaport Res Ptn decreased their FY2025 earnings per share estimates for PPL in a report released on Monday, July 28th. Seaport Res Ptn analyst A. Storozynski now anticipates that the utilities provider will post earnings per share of $1.83 for the year, down from their prior estimate of $1.85. The consensus estimate for PPL's current full-year earnings is $1.83 per share. Seaport Res Ptn also issued estimates for PPL's FY2027 earnings at $2.14 EPS and FY2028 earnings at $2.29 EPS.

Several other analysts have also issued reports on the stock. Morgan Stanley lowered their price target on shares of PPL from $38.00 to $37.00 and set an "overweight" rating on the stock in a research report on Wednesday, June 18th. Guggenheim boosted their target price on shares of PPL from $38.00 to $40.00 and gave the company a "buy" rating in a research report on Thursday, May 1st. Wall Street Zen raised PPL from a "sell" rating to a "hold" rating in a research note on Friday, May 9th. Finally, Barclays upgraded shares of PPL from a "hold" rating to a "strong-buy" rating in a report on Monday, July 7th. Two research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus target price of $36.70.

PPL Stock Performance

Shares of PPL traded down $0.06 during mid-day trading on Wednesday, hitting $35.63. 5,285,057 shares of the company's stock were exchanged, compared to its average volume of 6,395,590. The company has a quick ratio of 0.68, a current ratio of 0.59 and a debt-to-equity ratio of 1.07. The firm has a market cap of $26.34 billion, a price-to-earnings ratio of 26.59, a price-to-earnings-growth ratio of 2.56 and a beta of 0.64. The stock's 50-day simple moving average is $34.57 and its 200-day simple moving average is $34.61. PPL has a 52 week low of $29.97 and a 52 week high of $36.99.

PPL (NYSE:PPL - Get Free Report) last announced its earnings results on Thursday, July 31st. The utilities provider reported $0.32 EPS for the quarter, missing the consensus estimate of $0.37 by ($0.05). The business had revenue of $2.03 billion during the quarter, compared to analyst estimates of $1.99 billion. PPL had a return on equity of 8.81% and a net margin of 11.22%. The firm's revenue was up 7.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.38 earnings per share.

PPL Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 1st. Stockholders of record on Tuesday, June 10th were paid a $0.2725 dividend. This represents a $1.09 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend was Tuesday, June 10th. PPL's payout ratio is currently 80.74%.

Insider Activity

In other PPL news, COO David J. Bonenberger sold 2,165 shares of the business's stock in a transaction that occurred on Tuesday, July 29th. The stock was sold at an average price of $35.86, for a total transaction of $77,636.90. Following the completion of the sale, the chief operating officer directly owned 45,560 shares of the company's stock, valued at approximately $1,633,781.60. The trade was a 4.54% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.28% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of PPL. Pinnacle Bancorp Inc. grew its position in shares of PPL by 141.0% during the 1st quarter. Pinnacle Bancorp Inc. now owns 723 shares of the utilities provider's stock valued at $26,000 after acquiring an additional 423 shares during the period. Whittier Trust Co. of Nevada Inc. grew its position in PPL by 94.3% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 818 shares of the utilities provider's stock worth $30,000 after acquiring an additional 397 shares in the last quarter. Ancora Advisors LLC lifted its stake in PPL by 8,350.0% in the first quarter. Ancora Advisors LLC now owns 845 shares of the utilities provider's stock worth $31,000 after purchasing an additional 835 shares during the last quarter. TruNorth Capital Management LLC bought a new stake in shares of PPL during the first quarter valued at approximately $32,000. Finally, Truvestments Capital LLC raised its stake in shares of PPL by 5,352.9% during the first quarter. Truvestments Capital LLC now owns 927 shares of the utilities provider's stock valued at $33,000 after acquiring an additional 910 shares in the last quarter. 76.99% of the stock is owned by institutional investors.

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.