PPL (NYSE:PPL – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.750-1.870 for the period, compared to the consensus estimate of 1.780. The company issued revenue guidance of -.
Wall Street Analyst Weigh In
Several analysts recently commented on the stock. Barclays reduced their price target on shares of PPL from $34.00 to $33.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 22nd. Bank of America upped their price target on shares of PPL from $34.00 to $35.00 and gave the company a “buy” rating in a research report on Monday, November 4th. JPMorgan Chase & Co. assumed coverage on shares of PPL in a research report on Friday, October 25th. They issued an “overweight” rating and a $37.00 price target for the company. Citigroup upped their price target on shares of PPL from $31.00 to $36.00 and gave the company a “neutral” rating in a research report on Thursday, December 12th. Finally, BMO Capital Markets began coverage on shares of PPL in a research report on Wednesday, December 11th. They set an “outperform” rating and a $36.00 price objective for the company. Four equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, PPL currently has a consensus rating of “Moderate Buy” and a consensus price target of $34.00.
Check Out Our Latest Report on PPL
PPL Stock Performance
PPL (NYSE:PPL – Get Free Report) last posted its quarterly earnings results 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). PPL had a return on equity of 9.20% and a net margin of 9.95%. Analysts expect that PPL will post 1.72 earnings per share for the current fiscal year.
PPL Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, January 2nd. Stockholders of record on Tuesday, December 10th were paid a dividend of $0.2575 per share. The ex-dividend date of this dividend was Tuesday, December 10th. This represents a $1.03 dividend on an annualized basis and a dividend yield of 2.99%. PPL’s dividend payout ratio (DPR) is presently 91.97%.
Insider Transactions at PPL
In related news, insider John R. Crockett III sold 9,161 shares of the stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $34.35, for a total value of $314,680.35. Following the sale, the insider now directly owns 12,434 shares of the company’s stock, valued at approximately $427,107.90. This represents a 42.42 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Tadd J. Henninger sold 1,424 shares of the stock in a transaction dated Tuesday, January 28th. The shares were sold at an average price of $33.48, for a total transaction of $47,675.52. Following the completion of the sale, the senior vice president now directly owns 11,259 shares in the company, valued at approximately $376,951.32. The trade was a 11.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 19,794 shares of company stock valued at $661,338 in the last ninety days. 0.22% of the stock is currently owned by company insiders.
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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