What is Scotiabank’s Estimate for PPL FY2026 Earnings?

06 Oct 2026, 01:13 by Scott Moore · The Cerbat Gem

PPL Corporation (NYSE:PPL – Free Report) – Equities research analysts at Scotiabank issued their FY2026 earnings per share (EPS) estimates for PPL in a research note issued on Thursday, October 1st. Scotiabank analyst I. Rapp expects that the utilities provider will earn $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 (NYSE:PPL – Get Free Report) last posted its quarterly 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). PPL had a return on equity of 9.33% and a net margin of 13.47%.The company had revenue of $2.11 billion during the quarter, compared to the consensus estimate of $2.19 billion. During the same period in the previous year, the business earned $0.32 earnings per share. PPL’s revenue was up 4.2% on a year-over-year basis. PPL has set its FY 2026 guidance at 1.900-1.980 EPS.

Other equities research analysts have also issued research reports about the company. Mizuho raised PPL to a “hold” rating in a research note on Friday, July 3rd. Wells Fargo & Company raised their price target on PPL from $43.00 to $44.00 and gave the stock an “overweight” rating in a research report on Monday, September 28th. Weiss Ratings lowered PPL from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, September 28th. Evercore set a $42.00 price target on PPL in a research note on Monday, August 17th. Finally, BMO Capital Markets lowered their price objective on PPL from $40.00 to $38.00 and set an “outperform” rating for the company in a research report on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $40.21.

View Our Latest Stock Analysis on PPL

PPL Stock Up 0.5%

Shares of NYSE PPL opened at $32.95 on Monday. The stock has a market capitalization of $24.80 billion, a P/E ratio of 19.50, a PEG ratio of 3.21 and a beta of 0.56. PPL has a one year low of $31.56 and a one year high of $40.10. The firm’s 50 day simple moving average is $34.36 and its two-hundred day simple moving average is $35.94. The company has a debt-to-equity ratio of 1.32, a current ratio of 0.91 and a quick ratio of 0.73.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in PPL. Legal & General Group Plc purchased a new position in shares of PPL in the second quarter valued at $187,326,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in PPL by 7.1% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,157,814 shares of the utilities provider’s stock valued at $114,787,000 after purchasing an additional 208,820 shares during the last quarter. Deutsche Bank AG lifted its position in PPL by 23.7% during the second quarter. Deutsche Bank AG now owns 2,056,733 shares of the utilities provider’s stock valued at $74,762,000 after purchasing an additional 393,748 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of PPL by 9.3% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,837,296 shares of the utilities provider’s stock worth $66,786,000 after buying an additional 157,005 shares in the last quarter. Finally, Cullen Capital Management LLC bought a new stake in shares of PPL in the 2nd quarter worth about $54,611,000. 76.99% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Director Kristen Robinson sold 37,107 shares of the company’s stock in a transaction that occurred 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 sale, the director owned 222,897 shares in the company, valued at $5,583,569.85. This represents a 14.27% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Ashley Johnson sold 34,993 shares of the 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 approximately $12,397,522.56. This represents a 5.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.34% of the stock is currently owned by company insiders.

PPL Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th were issued a $0.2850 dividend. This represents a $1.14 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date was Thursday, September 10th. PPL’s dividend payout ratio is 67.46%.

PPL Company Profile

(Get Free Report)

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.