PPL (NYSE:PPL) Issues FY 2026 Earnings Guidance

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

Wall Street Analysts Forecast Growth

PPL has been the subject of several research reports. Weiss Ratings lowered shares of PPL from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, September 28th. JPMorgan Chase & Co. lifted their price target 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. Scotiabank assumed coverage on shares of PPL in a research note on Tuesday, September 29th. They set a “sector outperform” rating and a $36.00 price objective on the stock. Wells Fargo & Company upped their price objective on shares of PPL from $43.00 to $44.00 and gave the stock an “overweight” rating in a report on Monday, September 28th. Finally, Bank of America reaffirmed a “buy” rating on shares of PPL in a research note on Thursday, October 22nd. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $40.06.

PPL Stock Down 0.4%

Shares of PPL stock opened at $35.85 on Friday. The company has a 50-day simple moving average of $34.20 and a two-hundred day simple moving average of $36.06. The stock has a market capitalization of $26.98 billion, a PE ratio of 20.49, a price-to-earnings-growth ratio of 3.50 and a beta of 0.55. PPL has a 52-week low of $31.56 and a 52-week high of $40.10. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.73 and a current ratio of 0.91.

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

PPL Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Thursday, September 10th were given a $0.2850 dividend. The ex-dividend date of this dividend was Thursday, September 10th. This represents a $1.14 annualized dividend and a yield of 3.2%. PPL’s dividend payout ratio is 67.46%.

Insider Transactions at PPL

In other PPL news, EVP Wendy Stark sold 5,406 shares of the stock in a transaction on Thursday, October 15th. The stock was sold at an average price of $35.11, for a total transaction of $189,804.66. Following the sale, the executive vice president directly owned 99,220 shares in the company, valued at approximately $3,483,614.20. This trade represents a 5.17% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.34% of the company’s stock.

PPL Company Profile

PPL Corporation is an energy company that owns regulated electric and natural gas utilities. Its businesses generate, transmit and distribute electricity and deliver natural gas to residential, commercial and industrial customers.

PPL serves customers in Pennsylvania, Kentucky and Rhode Island through subsidiaries including PPL Electric Utilities, Louisville Gas and Electric Company, Kentucky Utilities and Rhode Island Energy. Its utility operations maintain the infrastructure used to provide energy and support related customer services.

The company traces its roots to Pennsylvania Power & Light, which was established in 1920.