Preformed Line Products (PLPC) Stock Forecast, Price & News

Preformed Line Products' stock was trading at $83.29 on January 1st, 2023. Since then, PLPC stock has increased by 82.7% and is now trading at $152.20.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our PLPC earnings forecast.

Preformed Line Products (NASDAQ:PLPC) posted its earnings results on Thursday, August, 6th. The technology company reported $2.11 earnings per share (EPS) for the quarter. The technology company had revenue of $117.63 million for the quarter. Preformed Line Products had a net margin of 9.33% and a trailing twelve-month return on equity of 18.11%.

Preformed Line Products declared a quarterly dividend on Wednesday, March 22nd. Investors of record on Monday, April 3rd will be given a dividend of $0.20 per share on Thursday, April 20th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.53%. The ex-dividend date of this dividend is Friday, March 31st.
Read our dividend analysis for PLPC.

ETFs with the largest weight of Preformed Line Products (NASDAQ:PLPC) stock in their portfolio include Roundhill Acquirers Deep Value ETF (DEEP), AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), First Trust Dow Jones Select Microcap Index Fund (FDM), Hartford Multifactor Small Cap ETF (ROSC), Gabelli Love Our Planet & People ETF (LOPP), First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID), Carbon Collective Climate Solutions U.S. Equity ETF (CCSO).

Preformed Line Products (NASDAQ:PLPC) pays an annual dividend of $0.80 per share and currently has a dividend yield of 0.52%. The dividend payout ratio is 6.30%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for PLPC.

17 employees have rated Preformed Line Products Chief Executive Officer Robert G. Ruhlman on Glassdoor.com. Robert G. Ruhlman has an approval rating of 71% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Preformed Line Products investors own include Corning (GLW), Bristol-Myers Squibb (BMY), Mondi (MNDI), AbbVie (ABBV), Compañía de Minas Buenaventura S.A.A. (BVN), General Motors (GM), International Business Machines (IBM), ImmunoGen (IMGN), Pfizer (PFE) and Verizon Communications (VZ).

Preformed Line Products trades on the NASDAQ under the ticker symbol "PLPC."

Preformed Line Products' stock is owned by many different institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (7.34%), Royce & Associates LP (6.76%), BlackRock Inc. (3.26%), HighTower Advisors LLC (3.21%), Renaissance Technologies LLC (1.29%) and State Street Corp (1.18%). Insiders that own company stock include Andrew S Klaus, Andrew S Klaus, Barbara P Ruhlman Revocable Tr, Michael E Gibbons and Michael E Gibbons.
View institutional ownership trends.

Shares of PLPC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of PLPC stock can currently be purchased for approximately $152.20.

Preformed Line Products (NASDAQ:PLPC) has a market capitalization of $753.39 million and generates $637.02 million in revenue each year. The technology company earns $54.40 million in net income (profit) each year or $12.69 on an earnings per share basis.

The company employs 3,261 workers across the globe.

Preformed Line Products' mailing address is 660 Beta Drive, Mayfield Village OH, 44143. The official website for the company is www.preformed.com. The technology company can be reached via phone at (440) 461-5200, via email at inquiries@preformed.com, or via fax at 440-442-8816.