PPL (PPL) Expected to Announce Earnings on Wednesday

PPL (NYSE:PPL - Get Free Report) will likely be issuing its Q1 2025 quarterly earnings data before the market opens on Wednesday, April 30th. Analysts expect the company to announce earnings of $0.55 per share and revenue of $2.15 billion for the quarter. PPL has set its FY 2025 guidance at 1.750-1.870 EPS.

PPL (NYSE:PPL - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The utilities provider reported $0.34 EPS for the quarter, missing the consensus estimate of $0.37 by ($0.03). PPL had a net margin of 10.49% and a return on equity of 8.88%. The firm had revenue of $2.21 billion during the quarter, compared to analysts' expectations of $2.09 billion. On average, analysts expect PPL to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

PPL Price Performance

Shares of NYSE:PPL opened at $36.19 on Wednesday. The company's fifty day moving average is $34.78 and its two-hundred day moving average is $33.61. The company has a market cap of $26.75 billion, a P/E ratio of 29.91, a price-to-earnings-growth ratio of 2.77 and a beta of 0.65. PPL has a 12-month low of $26.79 and a 12-month high of $36.64. The company has a quick ratio of 0.71, a current ratio of 0.86 and a debt-to-equity ratio of 1.13.

PPL Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Monday, March 10th were given a dividend of $0.2725 per share. This represents a $1.09 annualized dividend and a yield of 3.01%. This is a positive change from PPL's previous quarterly dividend of $0.26. The ex-dividend date was Monday, March 10th. PPL's payout ratio is presently 90.08%.

Insider Buying and Selling

In other PPL news, insider Christine M. Martin sold 1,146 shares of the stock in a transaction on Friday, February 28th. The shares were sold at an average price of $34.78, for a total value of $39,857.88. Following the completion of the sale, the insider now directly owns 37,167 shares of the company's stock, valued at $1,292,668.26. This represents a 2.99 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider John R. Crockett III sold 1,589 shares of the business's stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $33.12, for a total transaction of $52,627.68. Following the transaction, the insider now owns 10,845 shares in the company, valued at approximately $359,186.40. The trade was a 12.78 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 5,140 shares of company stock valued at $173,005. Company insiders own 0.22% of the company's stock.

Analyst Ratings Changes

Several equities analysts have weighed in on PPL shares. UBS Group lifted their target price on PPL from $35.00 to $36.00 and gave the company a "neutral" rating in a research note on Friday, March 21st. Citigroup upgraded shares of PPL from a "hold" rating to a "strong-buy" rating in a research note on Monday, March 10th. Barclays boosted their price target on shares of PPL from $33.00 to $36.00 and gave the company an "equal weight" rating in a report on Tuesday, February 25th. Finally, Morgan Stanley increased their price objective on PPL from $35.00 to $38.00 and gave the stock an "overweight" rating in a report on Thursday, March 20th. Four equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, PPL currently has a consensus rating of "Moderate Buy" and an average target price of $35.70.

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.

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