PPL Corporation Company Profile (NYSE:PPL)

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

PPL Corporation announced a quarterly dividend on Friday, August 25th. Shareholders of record on Friday, September 8th will be given a dividend of $0.395 per share on Monday, October 2nd. This represents a $1.58 dividend on an annualized basis and a yield of 4.21%. The ex-dividend date of this dividend is Thursday, September 7th. View PPL Corporation's Dividend History.

PPL Corporation (NYSE:PPL) released its earnings results on Thursday, August, 3rd. The company reported $0.52 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.50 by $0.02. The business had revenue of $1.73 billion for the quarter, compared to the consensus estimate of $1.79 billion. PPL Corporation had a net margin of 22.08% and a return on equity of 15.96%. The company's quarterly revenue was down 3.4% compared to the same quarter last year. During the same period last year, the firm earned $0.56 earnings per share. View PPL Corporation's Earnings History.

PPL Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for PPL Corporation.

PPL Corporation issued an update on its FY17 earnings guidance on Thursday, August, 3rd. The company provided EPS guidance of $2.05-2.25 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.16.

8 brokerages have issued 12 month price objectives for PPL Corporation's stock. Their forecasts range from $32.00 to $43.50. On average, they expect PPL Corporation's share price to reach $38.94 in the next twelve months. View Analyst Ratings for PPL Corporation.

Here are some recent quotes from research analysts about PPL Corporation stock:

• 1. According to Zacks Investment Research, "Shares of PPL Corp. have returned lower than the industry in the last six months. We believe environmental regulatory risks pose challenges to PPL Corp.’s growth. The company’s operations are also subject to service disruptions in the form of breakdown of equipment. The expected drop in contribution from U.K. regulated segment is going to hurt near term earnings.  However, PPL Corp. is poised to gain from its capital investment plan, which primarily focuses on infrastructure construction projects for generation, transmission and distribution. It has reestablished its hedge levels to shield itself from any near-term decline in the GBP. PPL Corp’s earnings are expected to improve annually by 5-6% in 2017-2020 time period, thanks to the contribution from its domestic operations." (10/13/2017)
• 2. Jefferies Group LLC analysts commented, "PPL reported strong 4Q earnings and highlighted the strength of the underlying utility business by reaffirming its 5-6% EPS growth rate even in the face of increased dilution and currency re-strikes. Management increased its 2017-2020 capex forecast by $1.0B, raised its equity needs by $250M, and added currency hedges out through 2019. Current US tax reform proposals will have no more than a $0.10 impact to earnings which management believes they can offset." (2/2/2017)

PPL Corporation saw a increase in short interest in September. As of September 29th, there was short interest totalling 9,315,783 shares, an increase of 28.4% from the September 15th total of 7,253,585 shares. Based on an average daily trading volume, of 3,136,291 shares, the days-to-cover ratio is presently 3.0 days. Currently, 1.4% of the shares of the stock are sold short.

Some companies that are related to PPL Corporation include National Grid Transco, PLC (NGG), National Grid plc (NG), Sempra Energy (SRE), Avangrid (AGR), Ameren Corporation (AEE), CMS Energy Corporation (CMS), CenterPoint Energy (CNP), Centrica PLC (CNA), NiSource (NI), MDU Resources Group (MDU), Black Hills Corporation (BKH), Avista Corporation (AVA), Pennon Group plc (PNN), Telecom plus PLC (TEP), Empire District Electric Co (EDE) and Wec Acquisition Corp (TEG).

PPL Corporation's management team includes the folowing people:

• William H. Spence, Chairman of the Board, President, Chief Executive Officer
• Vincent Sorgi, Chief Financial Officer, Senior Vice President
• Gregory N. Dudkin, President of PPL Electric LLC.
• Victor A. Staffieri, Chairman, President and Chief Executive Officer of LG&E and KU Energy LLC
• Robert A. Symons, Chief Executive Officer of WPD
• Joanne Hackett Raphael, Senior Vice President, General Counsel, Secretary
• Stephen K. Breininger, Vice President, Controller
• Joseph P. Bergstein Jr, Vice President of Investor Relations, Treasurer
• John W. Conway, Lead Independent Director
• Rodney C. Adkins, Independent Director

PPL Corporation's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Curbstone Financial Management Corp (0.00%). Company insiders that own PPL Corporation stock include Gregory N Dudkin, Joanne H Raphael, Joseph P Bergstein, Jr, Paul W Thompson, Robert A Symons, Victor A Staffieri, Vincent Sorgi and William H Spence. View Institutional Ownership Trends for PPL Corporation.

PPL Corporation's stock was bought by a variety of institutional investors in the last quarter, including Curbstone Financial Management Corp. View Insider Buying and Selling for PPL Corporation.

Shares of PPL Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of PPL Corporation stock can currently be purchased for approximately $37.52.