Research Analysts Set Expectations for PPL Q1 Earnings

PPL Co. (NYSE:PPLFree Report) – Equities researchers at Zacks Research increased their Q1 2025 earnings per share estimates for PPL in a research report issued on Monday, October 14th. Zacks Research analyst R. Department now anticipates that the utilities provider will post earnings of $0.52 per share for the quarter, up from their prior estimate of $0.51. The consensus estimate for PPL’s current full-year earnings is $1.72 per share.

A number of other equities research analysts have also weighed in on PPL. Wells Fargo & Company upped their target price on shares of PPL from $35.00 to $37.00 and gave the stock an “overweight” rating in a report on Monday, September 16th. Bank of America raised their price objective on shares of PPL from $33.00 to $34.00 and gave the stock a “buy” rating in a report on Thursday, August 29th. Jefferies Financial Group initiated coverage on PPL in a report on Thursday, September 19th. They issued a “buy” rating and a $38.00 price objective for the company. Finally, Morgan Stanley increased their target price on PPL from $31.00 to $33.00 and gave the stock an “overweight” rating in a research report on Friday, August 23rd. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, PPL has a consensus rating of “Moderate Buy” and an average target price of $34.56.

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PPL Price Performance

Shares of PPL opened at $32.37 on Thursday. The company has a quick ratio of 0.91, a current ratio of 1.11 and a debt-to-equity ratio of 1.12. The business’s fifty day moving average is $32.04 and its 200 day moving average is $29.60. PPL has a 12-month low of $23.36 and a 12-month high of $33.38. The stock has a market cap of $23.88 billion, a P/E ratio of 31.43, a P/E/G ratio of 2.72 and a beta of 0.82.

PPL (NYSE:PPLGet Free Report) last posted its quarterly earnings results on Friday, August 2nd. The utilities provider reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.05. PPL had a net margin of 10.17% and a return on equity of 9.26%. The firm had revenue of $1.88 billion during the quarter, compared to the consensus estimate of $1.92 billion. During the same period in the previous year, the firm posted $0.29 earnings per share. The business’s revenue was up 3.2% compared to the same quarter last year.

Institutional Trading of PPL

Institutional investors have recently added to or reduced their stakes in the business. Whittier Trust Co. of Nevada Inc. purchased a new stake in shares of PPL in the 2nd quarter worth about $29,000. Redwood Wealth Management Group LLC bought a new stake in PPL during the 2nd quarter worth approximately $29,000. Lynx Investment Advisory purchased a new position in shares of PPL during the 2nd quarter valued at $38,000. Family Firm Inc. purchased a new stake in shares of PPL during the second quarter worth about $38,000. Finally, Central Pacific Bank Trust Division bought a new stake in shares of PPL during the first quarter valued at approximately $42,000. 76.99% of the stock is currently owned by hedge funds and other institutional investors.

PPL Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 1st. Investors of record on Tuesday, September 10th were issued a dividend of $0.2575 per share. The ex-dividend date was Tuesday, September 10th. This represents a $1.03 dividend on an annualized basis and a dividend yield of 3.18%. PPL’s dividend payout ratio is 100.00%.

PPL Company Profile

(Get Free Report)

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.

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Earnings History and Estimates for PPL (NYSE:PPL)

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