PPL (NYSE:PPL) Issues FY 2026 Earnings Guidance

PPL (NYSE:PPL) updated its FY 2026 earnings guidance on Friday. The company provided EPS guidance of 1.920-1.960 for the period, compared to the consensus earnings per share estimate of 1.950.

PPL Stock Up 0.9%

NYSE PPL traded up $0.31 during trading hours on Friday, hitting $36.31. 3,042,362 shares of the company were exchanged, compared to its average volume of 8,385,943. The company has a 50 day moving average of $34.18 and a two-hundred day moving average of $36.07. The company has a quick ratio of 0.73, a current ratio of 0.91 and a debt-to-equity ratio of 1.32. PPL has a 52-week low of $31.56 and a 52-week high of $40.10. The firm has a market cap of $27.32 billion, a price-to-earnings ratio of 21.48, a PEG ratio of 3.49 and a beta of 0.55.

PPL (NYSE:PPL) last posted its quarterly earnings results on Friday, November 6th. The utilities provider reported $0.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.53 by $0.01. The company had revenue of $2.50 billion for the quarter, compared to analyst estimates of $2.41 billion. PPL had a return on equity of 9.33% and a net margin of 13.47%. PPL’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.48 EPS. PPL has set its FY 2026 guidance at 1.920-1.960 EPS. Equities research analysts anticipate that PPL will post 1.94 earnings per share for the current year.

PPL Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th were given a dividend of $0.2850 per share. This represents a $1.14 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend was Thursday, September 10th. PPL’s dividend payout ratio is currently 67.46%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on PPL shares. Wells Fargo & Company increased their price objective on PPL from $43.00 to $44.00 and gave the company an “overweight” rating in a report on Monday, September 28th. Royal Bank Of Canada assumed coverage on PPL in a research note on Tuesday, September 15th. They set a “sector perform” rating and a $35.00 target price for the company. Jefferies Financial Group decreased their target price on PPL from $48.00 to $44.00 and set a “buy” rating for the company in a research note on Tuesday, August 25th. Truist Financial assumed coverage on PPL in a report on Tuesday, October 27th. They issued a “buy” rating and a $41.00 price target for the company. Finally, Bank of America reissued a “buy” rating on shares of PPL in a report on Thursday, October 22nd. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $40.06.

Insider Activity

In related news, EVP Wendy Stark sold 5,406 shares of the firm’s stock in a transaction dated Thursday, October 15th. The shares were sold at an average price of $35.11, for a total value of $189,804.66. Following the completion of the sale, the executive vice president owned 99,220 shares in the company, valued at $3,483,614.20. This trade represents a 5.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.34% of the stock is currently owned by company insiders.

PPL Company Profile

PPL Corporation (NYSE:PPL) is an energy and utility holding company headquartered in Allentown, Pennsylvania. Through its regulated utility subsidiaries, the company delivers electricity and natural gas, operates electric distribution and transmission systems, and provides related energy services to residential, commercial, and industrial customers.

PPL’s principal businesses include PPL Electric Utilities in Pennsylvania, Louisville Gas and Electric Company and Kentucky Utilities in Kentucky, and Rhode Island Energy in Rhode Island.