Zacks Research Issues Pessimistic Estimate for PPL Earnings

PPL Corporation (NYSE:PPL - Free Report) - Equities researchers at Zacks Research lowered their Q2 2025 EPS estimates for PPL in a report issued on Thursday, June 19th. Zacks Research analyst R. Department now anticipates that the utilities provider will post earnings per share of $0.39 for the quarter, down from their prior estimate of $0.40. The consensus estimate for PPL's current full-year earnings is $1.83 per share. Zacks Research also issued estimates for PPL's FY2025 earnings at $1.83 EPS, Q1 2026 earnings at $0.59 EPS and Q3 2026 earnings at $0.47 EPS.

Several other equities research analysts also recently issued reports on PPL. Guggenheim lifted their price target on shares of PPL from $38.00 to $40.00 and gave the stock a "buy" rating in a research note on Thursday, May 1st. Morgan Stanley dropped their target price on shares of PPL from $38.00 to $37.00 and set an "overweight" rating for the company in a research report on Wednesday, June 18th. Wall Street Zen raised shares of PPL from a "sell" rating to a "hold" rating in a research report on Friday, May 9th. UBS Group boosted their target price on shares of PPL from $35.00 to $36.00 and gave the stock a "neutral" rating in a research report on Friday, March 21st. Finally, Citigroup raised shares of PPL from a "hold" rating to a "strong-buy" rating in a research report on Monday, March 10th. Three investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $36.80.

PPL Stock Performance

PPL stock opened at $33.75 on Monday. PPL has a 12-month low of $27.24 and a 12-month high of $36.70. The company has a market capitalization of $24.95 billion, a price-to-earnings ratio of 25.00, a price-to-earnings-growth ratio of 2.49 and a beta of 0.65. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.81 and a quick ratio of 0.68. The firm's fifty day moving average price is $34.91 and its 200 day moving average price is $34.11.

PPL (NYSE:PPL - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The utilities provider reported $0.60 earnings per share for the quarter, topping analysts' consensus estimates of $0.53 by $0.07. PPL had a net margin of 11.49% and a return on equity of 9.14%. The company had revenue of $2.50 billion for the quarter, compared to the consensus estimate of $2.15 billion. During the same quarter last year, the firm posted $0.54 earnings per share. PPL's revenue was up 8.7% on a year-over-year basis.

PPL Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Tuesday, June 10th will be paid a dividend of $0.2725 per share. The ex-dividend date of this dividend is Tuesday, June 10th. This represents a $1.09 annualized dividend and a dividend yield of 3.23%. PPL's dividend payout ratio (DPR) is 80.74%.

Insider Transactions at PPL

In other news, COO David J. Bonenberger sold 1,767 shares of the stock in a transaction on Tuesday, May 27th. The shares were sold at an average price of $34.98, for a total transaction of $61,809.66. Following the transaction, the chief operating officer now owns 45,485 shares in the company, valued at $1,591,065.30. This represents a 3.74% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.22% of the stock is currently owned by company insiders.

Institutional Trading of PPL

Hedge funds have recently bought and sold shares of the stock. Pinnacle Bancorp Inc. boosted its holdings in PPL by 141.0% in the 1st quarter. Pinnacle Bancorp Inc. now owns 723 shares of the utilities provider's stock valued at $26,000 after purchasing an additional 423 shares during the period. Summit Securities Group LLC bought a new stake in PPL in the 4th quarter valued at $26,000. Whittier Trust Co. of Nevada Inc. boosted its holdings in PPL by 94.3% in the 1st 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 during the period. Ancora Advisors LLC raised its stake in shares of PPL by 8,350.0% in the 1st quarter. Ancora Advisors LLC now owns 845 shares of the utilities provider's stock valued at $31,000 after buying an additional 835 shares in the last quarter. Finally, TruNorth Capital Management LLC acquired a new position in shares of PPL in the 1st quarter valued at $32,000. 76.99% of the stock is owned by institutional investors.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.