PPL (PPL) Expected to Announce Earnings on Friday

PPL (NYSE:PPL) is expected to be issuing its quarterly earnings data before the market opens on Friday, February 21st. Analysts expect the company to announce earnings of $0.39 per share for the quarter. PPL has set its FY 2025 guidance at 1.750-1.870 EPS.Parties that wish to register for the company’s conference call can do so using this link.

PPL (NYSE:PPL) last posted its quarterly earnings results on Thursday, February 13th. The utilities provider reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.03). PPL had a return on equity of 9.20% and a net margin of 9.95%. On average, analysts expect PPL to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

PPL Stock Performance

NYSE PPL opened at $34.45 on Friday. The company has a current ratio of 1.29, a quick ratio of 1.07 and a debt-to-equity ratio of 1.17. The firm’s fifty day moving average price is $32.85 and its two-hundred day moving average price is $32.53. PPL has a 1 year low of $25.87 and a 1 year high of $35.15. The firm has a market capitalization of $25.42 billion, a P/E ratio of 30.76, a price-to-earnings-growth ratio of 2.75 and a beta of 0.83.

PPL Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, January 2nd. Shareholders of record on Tuesday, December 10th were given a dividend of $0.2575 per share. This represents a $1.03 annualized dividend and a yield of 2.99%. The ex-dividend date was Tuesday, December 10th. PPL’s dividend payout ratio (DPR) is currently 91.97%.

Insider Buying and Selling

In other PPL news, insider John R. Crockett III sold 9,161 shares of the stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $34.35, for a total transaction of $314,680.35. Following the sale, the insider now directly owns 12,434 shares in the company, valued at $427,107.90. This represents a 42.42 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Tadd J. Henninger sold 1,424 shares of the stock in a transaction dated Tuesday, January 28th. The stock was sold at an average price of $33.48, for a total transaction of $47,675.52. Following the sale, the senior vice president now owns 11,259 shares in the company, valued at $376,951.32. The trade was a 11.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 19,794 shares of company stock valued at $661,338. 0.22% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Barclays dropped their price objective on shares of PPL from $34.00 to $33.00 and set an “equal weight” rating on the stock in a research report on Wednesday, January 22nd. Bank of America increased their price objective on shares of PPL from $34.00 to $35.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Jefferies Financial Group dropped their price objective on shares of PPL from $39.00 to $38.00 and set a “buy” rating on the stock in a research report on Tuesday, December 17th. JPMorgan Chase & Co. assumed coverage on shares of PPL in a research report on Friday, October 25th. They issued an “overweight” rating and a $37.00 price objective on the stock. Finally, Citigroup increased their price objective on shares of PPL from $31.00 to $36.00 and gave the company a “neutral” rating in a research report on Thursday, December 12th. Four investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $34.00.

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.