What is Scotiabank’s Forecast for PPL FY2026 Earnings?

PPL Corporation (NYSE:PPL) – Scotiabank issued their FY2026 earnings per share (EPS) estimates for shares of PPL in a report issued on Thursday, October 1st. Scotiabank analyst I. Rapp expects that the utilities provider will post earnings of $1.92 per share for the year. Scotiabank has a “Strong-Buy” rating on the stock. The consensus estimate for PPL’s current full-year earnings is $1.94 per share. Scotiabank also issued estimates for PPL’s FY2027 earnings at $2.14 EPS.

PPL has been the subject of several other reports. Weiss Ratings downgraded PPL from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, September 28th. Royal Bank Of Canada began coverage on shares of PPL in a research note on Tuesday, September 15th. They set a “sector perform” rating and a $35.00 target price on the stock. BMO Capital Markets dropped their target price on shares of PPL from $40.00 to $38.00 and set an “outperform” rating for the company in a report on Monday, August 10th. JPMorgan Chase & Co. increased their target price on shares of PPL from $42.00 to $45.00 and gave the company an “overweight” rating in a research report on Thursday, July 16th. Finally, Mizuho raised shares of PPL to a “hold” rating in a research note on Friday, July 3rd. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $40.21.

PPL Stock Performance

Shares of NYSE:PPL opened at $33.66 on Monday. The company has a debt-to-equity ratio of 1.32, a current ratio of 0.91 and a quick ratio of 0.73. PPL has a 1 year low of $31.56 and a 1 year high of $40.10. The firm has a market capitalization of $25.33 billion, a PE ratio of 19.92, a P/E/G ratio of 3.22 and a beta of 0.56. The business’s 50 day moving average price is $34.31 and its 200-day moving average price is $35.91.

PPL (NYSE:PPL) last announced its earnings results on Friday, August 7th. The utilities provider reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.01). The firm had revenue of $2.11 billion for the quarter, compared to analyst estimates of $2.19 billion. PPL had a net margin of 13.47% and a return on equity of 9.33%. PPL’s revenue was up 4.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.32 EPS. PPL has set its FY 2026 guidance at 1.900-1.980 EPS.

Institutional Investors Weigh In On PPL

Hedge funds have recently modified their holdings of the company. QRG Capital Management Inc. increased its position in PPL by 11.9% during the second quarter. QRG Capital Management Inc. now owns 42,480 shares of the utilities provider’s stock worth $1,544,000 after purchasing an additional 4,508 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in PPL by 15.8% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 38,504 shares of the utilities provider’s stock valued at $1,400,000 after purchasing an additional 5,260 shares during the last quarter. Sequoia Financial Advisors LLC grew its stake in shares of PPL by 13.3% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 38,642 shares of the utilities provider’s stock valued at $1,405,000 after buying an additional 4,536 shares during the period. Tidal Investments LLC grew its stake in shares of PPL by 41.8% in the 2nd quarter. Tidal Investments LLC now owns 409,790 shares of the utilities provider’s stock valued at $14,896,000 after buying an additional 120,860 shares during the period. Finally, Engineers Gate Manager LP increased its holdings in shares of PPL by 104.3% during the 2nd quarter. Engineers Gate Manager LP now owns 618,448 shares of the utilities provider’s stock worth $22,481,000 after buying an additional 315,788 shares during the last quarter. Hedge funds and other institutional investors own 76.99% of the company’s stock.

Insiders Place Their Bets

In other PPL news, CFO Ashley Johnson sold 34,993 shares of the company’s stock in a transaction on Thursday, July 23rd. The stock was sold at an average price of $22.08, for a total value of $772,645.44. Following the completion of the sale, the chief financial officer directly owned 561,482 shares in the company, valued at $12,397,522.56. This represents a 5.87% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Kristen Robinson sold 37,107 shares of the firm’s stock in a transaction on Wednesday, July 15th. The stock was sold at an average price of $25.05, for a total value of $929,530.35. Following the completion of the sale, the director directly owned 222,897 shares of the company’s stock, valued at $5,583,569.85. This trade represents a 14.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.34% of the company’s stock.

PPL Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th were paid a dividend of $0.2850 per share. The ex-dividend date of this dividend was Thursday, September 10th. This represents a $1.14 dividend on an annualized basis and a yield of 3.4%. PPL’s payout ratio is 67.46%.

About PPL

PPL Corporation (NYSE:PPL) is an energy holding company that owns and operates regulated electric and natural gas utilities in the United States. Its businesses deliver electricity and natural gas to residential, commercial, and industrial customers, while also operating and maintaining the infrastructure needed to support reliable energy service.

PPL’s principal subsidiaries include PPL Electric Utilities, which serves customers in eastern and central Pennsylvania; Louisville Gas and Electric Company and Kentucky Utilities, which provide electric and natural gas service in Kentucky; and Rhode Island Energy, which supplies electricity and natural gas to customers across Rhode Island.