PPL - PPL Stock Forecast, Price & News

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PPL in the last year. There are currently 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" PPL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PPL, but not buy additional shares or sell existing shares.
View PPL analyst ratings or view top-rated stocks.

11 analysts have issued 1 year price objectives for PPL's stock. Their PPL share price forecasts range from $28.00 to $34.00. On average, they predict the company's share price to reach $30.78 in the next year. This suggests a possible upside of 4.6% 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 $30.06 on January 1st, 2022. Since then, PPL stock has decreased by 2.1% and is now trading at $29.43.
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PPL saw a increase in short interest during the month of July. As of July 15th, there was short interest totaling 11,280,000 shares, an increase of 30.4% from the June 30th total of 8,650,000 shares. Based on an average daily volume of 5,630,000 shares, the days-to-cover ratio is currently 2.0 days. Currently, 1.5% of the shares of the stock are sold short.
View PPL's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our PPL earnings forecast.

PPL Co. (NYSE:PPL) released its earnings results on Thursday, November, 4th. The utilities provider reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.38 by $0.02. The utilities provider earned $1.51 billion during the quarter, compared to the consensus estimate of $1.59 billion. PPL had a net margin of 11.32% and a trailing twelve-month return on equity of 6.90%. The company's revenue for the quarter was up 8.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.58 EPS.
Read the conference call transcript.

PPL announced a quarterly dividend on Friday, June 10th. Shareholders of record on Tuesday, June 21st will be paid a dividend of $0.225 per share on Friday, July 1st. This represents a $0.90 dividend on an annualized basis and a dividend yield of 3.06%. The ex-dividend date is Friday, June 17th. This is an increase from the stock's previous quarterly dividend of $0.20.
Read our dividend analysis for PPL.

PPL (NYSE:PPL) pays an annual dividend of $0.90 per share and currently has a dividend yield of 3.10%. The dividend payout ratio is 91.84%. 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 56.60% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PPL.

PPL updated its FY 2022 earnings guidance on Wednesday, August, 10th. The company provided earnings per share guidance of $1.40-$1.55 for the period, compared to the consensus earnings per share estimate of $1.42. 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 shareholders include Mitsubishi UFJ Trust & Banking Corp (1.27%), Franklin Resources Inc. (0.86%), Bank of Montreal Can (0.47%), Swiss National Bank (0.43%), Artemis Investment Management LLP (0.29%) and Sumitomo Mitsui Trust Holdings Inc. (0.29%). Insiders that own company stock include David J Bonenberger, Gregory N Dudkin, Joanne H Raphael, Stephanie R Raymond, Vincent Sorgi and William H Spence.
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 $29.43.

PPL (NYSE:PPL) has a market capitalization of $21.67 billion and generates $5.78 billion in revenue each year. The utilities provider earns $-1,480,000,000.00 in net income (profit) each year or $0.98 on an earnings per share basis.

The company employs 5,607 workers across the globe.

PPL was founded in 1920.

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.