What is Zacks Research's Forecast for PPL FY2026 Earnings?

Key Points

• Zacks Research has revised PPL Corporation's FY2026 earnings per share estimate down to $1.96, slightly lower than the previous estimate of $1.97. The current consensus estimate for FY2025 earnings stands at $1.83 per share.
• PPL's recent quarterly earnings report showed $0.32 EPS, missing analysts' expectations of $0.37, although revenue was up 7.7% compared to the previous year.
• Operating at a market cap of $26.47 billion, PPL has been rated primarily as a "Buy" with a consensus price target of $36.70 from various analysts.

PPL Corporation (NYSE:PPL - Free Report) - Investment analysts at Zacks Research reduced their FY2026 earnings per share (EPS) estimates for PPL in a research note issued on Wednesday, September 10th. Zacks Research analyst Team now anticipates that the utilities provider will post earnings of $1.96 per share for the year, down from their prior forecast of $1.97. The consensus estimate for PPL's current full-year earnings is $1.83 per share.

A number of other brokerages have also recently commented on PPL. Barclays raised PPL from a "hold" rating to a "strong-buy" rating in a research note on Monday, July 7th. Wall Street Zen cut PPL from a "hold" rating to a "sell" rating in a research note on Friday, September 5th. Finally, Morgan Stanley reaffirmed an "overweight" rating on shares of PPL in a research note on Thursday, August 21st. Two analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of "Buy" and an average price target of $36.67.

PPL Trading Down 0.8%

Shares of PPL stock traded down $0.31 during trading on Thursday, reaching $35.67. 1,364,618 shares of the company were exchanged, compared to its average volume of 5,523,429. The company has a quick ratio of 0.49, a current ratio of 0.59 and a debt-to-equity ratio of 1.07. PPL has a twelve month low of $31.22 and a twelve month high of $37.38. The business has a 50-day moving average price of $36.06 and a 200-day moving average price of $35.18. The firm has a market capitalization of $26.37 billion, a price-to-earnings ratio of 26.62, a P/E/G ratio of 2.60 and a beta of 0.65.

PPL (NYSE:PPL - Get Free Report) last released its earnings results on Thursday, July 31st. The utilities provider reported $0.32 earnings per share for the quarter, missing analysts' consensus estimates of $0.37 by ($0.05). The firm had revenue of $2.03 billion for the quarter, compared to the consensus estimate of $1.99 billion. PPL had a return on equity of 8.81% and a net margin of 11.22%.The company's revenue was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.38 EPS. PPL has set its FY 2025 guidance at 1.750-1.870 EPS.

Institutional Trading of PPL

Institutional investors and hedge funds have recently bought and sold shares of the business. Boston Partners grew its position in shares of PPL by 37.2% in the first quarter. Boston Partners now owns 13,062,423 shares of the utilities provider's stock valued at $471,756,000 after purchasing an additional 3,544,282 shares during the last quarter. American Century Companies Inc. grew its position in shares of PPL by 1,418.1% in the first quarter. American Century Companies Inc. now owns 2,909,371 shares of the utilities provider's stock valued at $105,057,000 after purchasing an additional 2,717,726 shares during the last quarter. Nuveen LLC acquired a new position in shares of PPL in the first quarter valued at approximately $60,020,000. JPMorgan Chase & Co. grew its position in shares of PPL by 42.9% in the first quarter. JPMorgan Chase & Co. now owns 4,779,155 shares of the utilities provider's stock valued at $172,575,000 after purchasing an additional 1,434,778 shares during the last quarter. Finally, Ceredex Value Advisors LLC acquired a new position in shares of PPL in the first quarter valued at approximately $29,617,000. Institutional investors own 76.99% of the company's stock.

Insider Transactions at PPL

In other PPL news, COO David J. Bonenberger sold 2,165 shares of the company'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 value of $77,636.90. Following the sale, the chief operating officer owned 45,560 shares in the company, valued at $1,633,781.60. This represents a 4.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.28% of the stock is owned by corporate insiders.

PPL Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 1st. Shareholders of record on Wednesday, September 10th will be paid a $0.2725 dividend. The ex-dividend date is Wednesday, September 10th. This represents a $1.09 annualized dividend and a yield of 3.1%. PPL's dividend payout ratio is currently 81.34%.

About PPL

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.