PPL (PPL) Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PPL in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PPL shares.
View PPL analyst ratings or view top-rated stocks.

6 Wall Street analysts have issued twelve-month target prices for PPL's stock. Their PPL share price forecasts range from $26.00 to $34.00. On average, they anticipate the company's stock price to reach $30.14 in the next twelve months. This suggests a possible upside of 22.5% from the stock's current price.
View analysts price targets for PPL or view top-rated stocks among Wall Street analysts.

PPL's stock was trading at $29.22 at the start of the year. Since then, PPL shares have decreased by 15.8% and is now trading at $24.61.
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The company is scheduled to release its next quarterly earnings announcement on Friday, November 3rd 2023.
View our PPL earnings forecast.

PPL Co. (NYSE:PPL) issued its quarterly earnings data on Friday, August, 4th. The utilities provider reported $0.29 EPS for the quarter, missing analysts' consensus estimates of $0.32 by $0.03. The utilities provider earned $1.82 billion during the quarter, compared to analysts' expectations of $1.27 billion. PPL had a trailing twelve-month return on equity of 7.75% and a net margin of 8.79%. PPL's quarterly revenue was up 7.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.30 earnings per share.
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PPL declared a quarterly dividend on Friday, August 25th. Shareholders of record on Friday, September 8th will be given a dividend of $0.24 per share on Monday, October 2nd. This represents a $0.96 annualized dividend and a yield of 3.90%. The ex-dividend date of this dividend is Thursday, September 7th.
Read our dividend analysis for PPL.

ETFs with the largest weight of PPL (NYSE:PPL) stock in their portfolio include Global X MSCI Pakistan ETF (PAK), Virtus Reaves Utilities ETF (UTES), Invesco S&P 500 Equal Weight Utilities ETF (RYU), Invesco S&P 500 Equal Weight Utilities ETF (RSPU), First Trust EIP Carbon Impact ETF (ECLN), First Trust Utilities AlphaDEX Fund (FXU), First Trust North American Energy Infrastructure Fund (EMLP) and Utilities Select Sector SPDR Fund (XLU).

PPL (NYSE:PPL) pays an annual dividend of $0.96 per share and currently has a dividend yield of 3.82%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 92.31%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, PPL will have a dividend payout ratio of 55.81% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PPL.

PPL issued an update on its FY 2023 earnings guidance on Monday, August, 7th. The company provided earnings per share (EPS) guidance of $1.50-$1.65 for the period, compared to the consensus EPS estimate of $1.58. The company issued revenue guidance of -.

Based on aggregate information from My MarketBeat watchlists, some companies that other PPL investors own include AT&T (T), Verizon Communications (VZ), Pfizer (PFE), Intel (INTC), Exxon Mobil (XOM), Cisco Systems (CSCO), Johnson & Johnson (JNJ), AbbVie (ABBV), Chevron (CVX) and International Business Machines (IBM).

PPL trades on the New York Stock Exchange (NYSE) under the ticker symbol "PPL."

PPL's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.42%), State Street Corp (5.34%), Geode Capital Management LLC (2.11%), Hotchkis & Wiley Capital Management LLC (2.06%), Cohen & Steers Inc. (1.17%) and Mitsubishi UFJ Trust & Banking Corp (1.17%). Insiders that own company stock include David J Bonenberger, Gregory N Dudkin, Joanne H Raphael, John R Crockett III, Joseph P Bergstein Jr, Stephanie R Raymond and Vincent Sorgi.
View institutional ownership trends.

Shares of PPL 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 PPL stock can currently be purchased for approximately $24.61.

PPL (NYSE:PPL) has a market capitalization of $18.14 billion and generates $7.90 billion in revenue each year. The utilities provider earns $756 million in net income (profit) each year or $1.04 on an earnings per share basis.

The company employs 6,527 workers across the globe.

PPL's mailing address is TWO N NINTH ST, ALLENTOWN PA, 18101. The official website for the company is www.pplweb.com. The utilities provider can be reached via phone at (610) 774-5151, via email at invrel@pplweb.com, or via fax at 610-774-5106.