PPL (NYSE:PPL) Announces Quarterly Earnings Results, Misses Estimates By $0.03 EPS

PPL (NYSE:PPL) issued its earnings results on Thursday. The utilities provider reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.37 by ($0.03), Zacks reports. PPL had a return on equity of 9.20% and a net margin of 9.95%. PPL updated its FY 2025 guidance to 1.750-1.870 EPS.

PPL Stock Performance

NYSE:PPL traded down $0.16 during trading hours on Thursday, hitting $34.37. 6,785,693 shares of the company traded hands, compared to its average volume of 4,311,571. The company has a current ratio of 1.29, a quick ratio of 1.07 and a debt-to-equity ratio of 1.17. PPL has a twelve month low of $25.87 and a twelve month high of $35.15. The firm has a 50-day moving average of $32.85 and a 200 day moving average of $32.53. The stock has a market capitalization of $25.36 billion, a price-to-earnings ratio of 30.68, a P/E/G ratio of 2.75 and a beta of 0.83.

PPL Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Tuesday, December 10th were given a dividend of $0.2575 per share. This represents a $1.03 dividend on an annualized basis and a yield of 3.00%. The ex-dividend date of this dividend was Tuesday, December 10th. PPL’s dividend payout ratio (DPR) is currently 91.97%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on PPL shares. Jefferies Financial Group dropped their price objective on PPL from $39.00 to $38.00 and set a “buy” rating on the stock in a report on Tuesday, December 17th. JPMorgan Chase & Co. assumed coverage on shares of PPL in a research note on Friday, October 25th. They issued an “overweight” rating and a $37.00 price objective for the company. BMO Capital Markets initiated coverage on shares of PPL in a research report on Wednesday, December 11th. They set an “outperform” rating and a $36.00 target price on the stock. Bank of America boosted their price target on PPL from $34.00 to $35.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Finally, Citigroup increased their price objective on PPL from $31.00 to $36.00 and gave the company a “neutral” rating in a report on Thursday, December 12th. Four research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $34.00.

Insider Transactions at PPL

In other PPL news, COO David J. Bonenberger sold 981 shares of PPL stock in a transaction on Tuesday, January 28th. The shares were sold at an average price of $33.48, for a total transaction of $32,843.88. Following the sale, the chief operating officer now owns 45,414 shares in the company, valued at $1,520,460.72. The trade was a 2.11 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Tadd J. Henninger sold 6,639 shares of PPL stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $32.16, for a total transaction of $213,510.24. Following the sale, the senior vice president now owns 11,210 shares in the company, valued at $360,513.60. This represents a 37.20 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 19,794 shares of company stock worth $661,338. 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.