Zacks Research Issues Pessimistic Estimate for PPL Earnings

Key Points

• Zacks Research has revised PPL Corporation's Q2 2026 earnings per share (EPS) estimate down to $0.41, from a previous estimate of $0.42, indicating a cautious outlook for the utilities provider.
• PPL reported $0.32 EPS for its last quarter, falling short of consensus estimates by $0.05, despite revenues exceeding expectations at $2.03 billion.
• The company recently declared a quarterly dividend of $0.2725 per share, reflecting an annual yield of 3.0% and a dividend payout ratio of 81.34%.

PPL Corporation (NYSE:PPL - Free Report) - Zacks Research dropped their Q2 2026 earnings per share estimates for shares of PPL in a research report issued to clients and investors on Wednesday, September 10th. Zacks Research analyst Team now forecasts that the utilities provider will post earnings of $0.41 per share for the quarter, down from their prior estimate of $0.42. The consensus estimate for PPL's current full-year earnings is $1.83 per share. Zacks Research also issued estimates for PPL's Q3 2026 earnings at $0.51 EPS.

A number of other brokerages have also recently issued reports on PPL. Morgan Stanley restated an "overweight" rating on shares of PPL in a report on Thursday, August 21st. Wall Street Zen cut PPL from a "hold" rating to a "sell" rating in a report on Friday, September 5th. Finally, Barclays upgraded PPL from a "hold" rating to a "strong-buy" rating in a report on Monday, July 7th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of $36.70.

PPL Price Performance

Shares of NYSE PPL traded up $0.19 during mid-day trading on Friday, reaching $36.17. The company had a trading volume of 2,841,568 shares, compared to its average volume of 4,547,422. The company has a current ratio of 0.59, a quick ratio of 0.49 and a debt-to-equity ratio of 1.07. The stock has a market cap of $26.74 billion, a PE ratio of 26.99, a P/E/G ratio of 2.60 and a beta of 0.65. The company has a 50-day moving average price of $36.02 and a two-hundred day moving average price of $35.17. PPL has a 1-year low of $31.22 and a 1-year high of $37.38.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of PPL. Pinnacle Bancorp Inc. grew its stake in PPL by 141.0% in the first quarter. Pinnacle Bancorp Inc. now owns 723 shares of the utilities provider's stock valued at $26,000 after purchasing an additional 423 shares in the last quarter. Whittier Trust Co. of Nevada Inc. grew its stake 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 valued at $30,000 after purchasing an additional 397 shares in the last quarter. Ancora Advisors LLC grew 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 valued at $31,000 after purchasing an additional 835 shares in the last quarter. TruNorth Capital Management LLC purchased a new position in PPL in the first quarter valued at about $32,000. Finally, Truvestments Capital LLC grew its stake in PPL by 5,352.9% in the first quarter. Truvestments Capital LLC now owns 927 shares of the utilities provider's stock valued at $33,000 after purchasing an additional 910 shares in the last quarter. Hedge funds and other institutional investors own 76.99% of the company's stock.

Insider Buying and Selling at PPL

In other news, COO David J. Bonenberger sold 2,165 shares of PPL stock in a transaction 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 transaction, the chief operating officer owned 45,560 shares in the company, valued at approximately $1,633,781.60. The trade was a 4.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.22% of the company's stock.

PPL Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 1st. Stockholders of record on Wednesday, September 10th will be issued a dividend of $0.2725 per share. The ex-dividend date is Wednesday, September 10th. This represents a $1.09 dividend on an annualized basis and a dividend yield of 3.0%. PPL's 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.