PPL (PPL) Projected to Post Earnings on Wednesday

PPL (NYSE:PPL) will likely be releasing its Q1 2025 earnings data before the market opens on Wednesday, April 30th. Analysts expect PPL to post 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) last issued its quarterly earnings data on Thursday, February 13th. The utilities provider reported $0.34 earnings per share for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.03). The company had revenue of $2.21 billion for the quarter, compared to the consensus estimate of $2.09 billion. PPL had a net margin of 10.49% and a return on equity of 8.88%. 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

PPL traded down $0.14 on Tuesday, reaching $36.32. The company had a trading volume of 435,716 shares, compared to its average volume of 4,903,133. PPL has a one year low of $27.11 and a one year high of $36.71. The company has a current ratio of 0.86, a quick ratio of 0.71 and a debt-to-equity ratio of 1.13. The company has a market capitalization of $26.84 billion, a P/E ratio of 30.02, a PEG ratio of 2.77 and a beta of 0.65. The company has a fifty day moving average of $34.95 and a 200-day moving average of $33.75.

PPL Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Monday, March 10th were issued a $0.2725 dividend. The ex-dividend date was Monday, March 10th. This represents a $1.09 dividend on an annualized basis and a yield of 3.00%. This is an increase from PPL’s previous quarterly dividend of $0.26. PPL’s dividend payout ratio is currently 90.08%.

Insider Transactions at PPL

In related news, insider Christine M. Martin sold 1,146 shares of the stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $34.78, for a total transaction of $39,857.88. Following the sale, the insider now owns 37,167 shares of the company’s stock, valued at $1,292,668.26. This represents a 2.99 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.22% of the stock is owned by corporate insiders.

Analyst Ratings Changes

PPL has been the subject of several research reports. Morgan Stanley increased their price objective on PPL from $35.00 to $38.00 and gave the company an “overweight” rating in a research report on Thursday, March 20th. UBS Group upped their price objective on shares of PPL from $35.00 to $36.00 and gave the stock a “neutral” rating in a research note on Friday, March 21st. Citigroup raised shares of PPL from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 10th. Finally, Barclays lifted their price target on shares of PPL from $33.00 to $36.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 25th. Four 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’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $35.70.

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.