PPL Corporation Company Profile (NYSE:PPL)

About PPL Corporation (NYSE:PPL)

PPL Corporation logoPPL Corporation (PPL) is a utility holding company. Through its subsidiaries, PPL delivers electricity to customers in the United Kingdom, Pennsylvania, Kentucky, Virginia and Tennessee; delivers natural gas to customers in Kentucky, and generates electricity from power plants in Kentucky. PPL operates through U.K. Regulated Segment, Kentucky Regulated Segment and Pennsylvania Regulated Segment. The U.K. Regulated Segment consists of PPL Global, which includes PPL WPD Limited's (WPD) regulated electricity distribution operations, the results of hedging the translation of WPD's earnings from British pound sterling into United States dollars, and certain costs, such as the United States income taxes, administrative costs and allocated financing costs. Kentucky Regulated segment consists of the operations of Louisville Gas and Electric Company (LG&E) and KU Energy LLC (LKE). The Pennsylvania Regulated segment consists of PPL Electric Utilities Corporation (PPL Electric).

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Multiline Utilities
  • Sub-Industry: Electric Utilities
  • Symbol: NYSE:PPL
  • CUSIP: 69351T10
  • Web: www.pplweb.com
Capitalization:
  • Market Cap: $25.89106 billion
  • Outstanding Shares: 685,855,000
Average Prices:
  • 50 Day Moving Avg: $38.36
  • 200 Day Moving Avg: $38.57
  • 52 Week Range: $32.46 - $40.20
P/E:
  • Trailing P/E Ratio: 15.80
  • Foreward P/E Ratio: 16.34
  • P/E Growth: -145.83
Sales & Book Value:
  • Annual Revenue: $7.4 billion
  • Price / Sales: 3.50
  • Book Value: $15.30 per share
  • Price / Book: 2.47
Dividend:
  • Annual Dividend: $1.58
  • Dividend Yield: 4.2%
Profitability:
  • EBITDA: $4.04 billion
  • Net Margins: 22.08%
  • Return on Equity: 15.96%
  • Return on Assets: 4.16%
Debt:
  • Debt-to-Equity Ratio: 1.75%
  • Current Ratio: 0.50%
  • Quick Ratio: 0.43%
Misc:
  • Average Volume: 2.91 million shs.
  • Beta: 0.49
  • Short Ratio: 2.59
 

Frequently Asked Questions for PPL Corporation (NYSE:PPL)

What is PPL Corporation's stock symbol?

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

How often does PPL Corporation pay dividends? What is the dividend yield for PPL Corporation?

PPL Corporation declared a quarterly dividend on Friday, August 25th. Stockholders 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 annualized dividend and a dividend yield of 4.19%. The ex-dividend date is Thursday, September 7th. View PPL Corporation's Dividend History.

How were PPL Corporation's earnings last quarter?

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

When will PPL Corporation make its next earnings announcement?

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

What guidance has PPL Corporation issued on next quarter's earnings?

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 earnings per share estimate of $2.16.

Where is PPL Corporation's stock going? Where will PPL Corporation's stock price be in 2017?

9 analysts have issued 1-year target prices for PPL Corporation's shares. Their predictions range from $32.00 to $43.50. On average, they anticipate PPL Corporation's stock price to reach $38.94 in the next twelve months. View Analyst Ratings for PPL Corporation.

What are analysts saying about PPL Corporation stock?

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)

Are investors shorting PPL Corporation?

PPL Corporation saw a increase in short interest in the month of 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 trading volume of 3,136,291 shares, the short-interest ratio is presently 3.0 days. Approximately 1.4% of the company's shares are sold short.

Who are some of PPL Corporation's key competitors?

Who are PPL Corporation's key executives?

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

Who owns PPL Corporation stock?

PPL Corporation's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Denali Advisors LLC (0.06%), PGGM Investments (0.03%), Mutual of America Capital Management LLC (0.02%), LS Investment Advisors LLC (0.01%) and 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.

Who sold PPL Corporation stock? Who is selling PPL Corporation stock?

PPL Corporation's stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments and Mutual of America Capital Management LLC. Company insiders that have sold PPL Corporation stock in the last year include Gregory N Dudkin, Joanne H Raphael, Joseph P Bergstein, Jr, Paul W Thompson, Robert A Symons, Vincent Sorgi and William H Spence. View Insider Buying and Selling for PPL Corporation.

Who bought PPL Corporation stock? Who is buying PPL Corporation stock?

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

How do I buy PPL Corporation stock?

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.

What is PPL Corporation's stock price today?

One share of PPL Corporation stock can currently be purchased for approximately $37.75.


MarketBeat Community Rating for PPL Corporation (NYSE PPL)
Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  275 (Vote Outperform)
Underperform Votes:  350 (Vote Underperform)
Total Votes:  625
MarketBeat's community ratings are surveys of what our community members think about PPL Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for PPL Corporation (NYSE:PPL) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 6 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $38.94 (3.15% upside)
Consensus Price Target History for PPL Corporation (NYSE:PPL)
Price Target History for PPL Corporation (NYSE:PPL)
Analysts' Ratings History for PPL Corporation (NYSE:PPL)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/20/2017KeyCorpReiterated RatingHoldN/AView Rating Details
10/10/2017SunTrust Banks, Inc.Initiated CoverageBuy$43.00N/AView Rating Details
8/9/2017Jefferies Group LLCReiterated RatingBuy$42.00 -> $43.50LowView Rating Details
6/26/2017Goldman Sachs Group, Inc. (The)UpgradeSell -> Neutral$35.00 -> $38.00MediumView Rating Details
4/23/2017Barclays PLCReiterated RatingEqual Weight$38.00 -> $41.00LowView Rating Details
4/11/2017Deutsche Bank AGBoost Price TargetHold$36.00 -> $38.00MediumView Rating Details
1/4/2017Royal Bank Of CanadaReiterated RatingHold$37.00N/AView Rating Details
12/20/2016ArgusReiterated RatingBuy$2.00 -> $39.00N/AView Rating Details
11/22/2016Bank of America CorporationDowngradeBuy -> Neutral$32.00N/AView Rating Details
9/14/2016Wolfe ResearchUpgradeMarket Perform -> OutperformN/AView Rating Details
8/9/2016GuggenheimDowngradeBuy -> NeutralN/AView Rating Details
8/5/2016Credit Suisse GroupReiterated RatingHold$44.00N/AView Rating Details
6/28/2016Hilliard LyonsDowngradeBuy -> NeutralN/AView Rating Details
2/8/2016Evercore IncReiterated RatingBuy -> Hold$36.00N/AView Rating Details
2/8/2016Evercore ISIDowngradeBuy -> Hold$36.00N/AView Rating Details
1/14/2016MacquarieBoost Price Target$31.50 -> $32.50N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for PPL Corporation (NYSE:PPL)
Earnings by Quarter for PPL Corporation (NYSE:PPL)
Earnings History by Quarter for PPL Corporation (NYSE PPL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/1/2017$0.57N/AView Earnings Details
8/3/2017Q2 2017$0.50$0.52$1.79 billion$1.73 billionViewListenView Earnings Details
5/4/20173/31/2017$0.62$0.62$2.03 billion$1.95 billionViewListenView Earnings Details
2/1/2017Q416$0.52$0.60$2.06 billion$1.83 billionViewListenView Earnings Details
11/1/2016Q316$0.58$0.63$2.04 billion$1.89 billionViewN/AView Earnings Details
8/9/2016Q216$0.53$0.56$1.80 billion$1.79 billionViewN/AView Earnings Details
4/28/2016Q116$0.74$0.67$2.38 billion$2.01 billionViewListenView Earnings Details
2/4/2016Q415$0.44$0.43$1.60 billion$1.78 billionViewN/AView Earnings Details
10/29/2015Q315$0.50$0.51$2.03 billion$1.88 billionViewListenView Earnings Details
8/3/2015Q215$0.47$0.49$1.94 billion$1.78 billionViewN/AView Earnings Details
5/7/2015Q115$0.68$0.77$2.21 billion$3.17 billionViewN/AView Earnings Details
2/5/2015Q414$0.51$0.58$3.48 billion$4.02 billionViewN/AView Earnings Details
11/4/2014Q314$0.53$0.54$2.83 billion$3.45 billionViewN/AView Earnings Details
7/31/2014Q2$0.44$0.53$2.78 billion$2.87 billionViewN/AView Earnings Details
5/1/2014Q114$0.71$0.80$3.33 billion$1.22 billionViewN/AView Earnings Details
2/6/2014Q413$0.50$0.60$2.44 million$2.85 millionViewN/AView Earnings Details
10/31/2013Q313$0.68$0.66$3.31 billion$3.11 billionViewN/AView Earnings Details
8/1/2013Q2 2013$0.46$0.49$2.63 billion$3.45 billionViewN/AView Earnings Details
5/2/2013Q1 2013$0.70$0.71$3.46 billion$2.46 billionViewN/AView Earnings Details
2/14/2013Q4 2012$0.47$0.49$2.47 billion$3.22 billionViewN/AView Earnings Details
11/8/2012Q312$0.67$0.72$3.05 billion$2.40 billionViewN/AView Earnings Details
8/8/2012$0.41$0.51ViewN/AView Earnings Details
5/4/2012$0.67$0.70ViewN/AView Earnings Details
2/10/2012$0.62$0.70ViewN/AView Earnings Details
11/3/2011$0.69$0.76ViewN/AView Earnings Details
8/5/2011$0.45$0.45ViewN/AView Earnings Details
5/5/2011$0.73$0.84ViewN/AView Earnings Details
2/4/2011$0.58$0.83ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for PPL Corporation (NYSE:PPL)
2017 EPS Consensus Estimate: $2.17
2018 EPS Consensus Estimate: $2.34
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.64$0.65$0.65
Q2 20171$0.45$0.45$0.45
Q3 20173$0.52$0.60$0.56
Q4 20172$0.50$0.52$0.51
Q1 20181$0.67$0.67$0.67
Q2 20181$0.56$0.56$0.56
Q3 20181$0.57$0.57$0.57
Q4 20181$0.54$0.54$0.54
Q1 20191$0.70$0.70$0.70
Q2 20191$0.58$0.58$0.58
Q3 20191$0.60$0.60$0.60
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for PPL Corporation (NYSE:PPL)
Most Recent Dividend:10/2/2017
Annual Dividend:$1.58
Dividend Yield:4.19%
Dividend Growth:1.20% (3 Year Average)
Payout Ratio:66.11% (Trailing 12 Months of Earnings)
73.49% (Based on This Year's Estimates)
68.40% (Based on Next Year's Estimates)
Track Record:5 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for PPL Corporation (NYSE:PPL)

Dividend History by Quarter for PPL Corporation (NYSE PPL)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/25/2017quarterly$0.404%9/7/20179/8/201710/2/2017
5/17/2017quarterly$0.404.07%6/7/20176/9/20177/3/2017
2/1/2017quarterly$0.404.52%3/8/20173/10/20174/3/2017
11/18/2016quarterly$0.384.56%12/7/201612/9/20161/3/2017
8/26/2016quarterly$0.384.35%9/7/20169/9/201610/3/2016
5/25/2016quarterly$0.383.94%6/8/20166/10/20167/1/2016
2/5/2016quarterly$0.384.2%3/8/20163/10/20164/1/2016
11/20/2015quarterly$0.384.45%12/8/201512/10/20151/4/2016
8/3/2015quarterly$0.384.79%9/8/20159/10/201510/1/2015
5/20/2015quarterly$0.374.31%6/8/20156/10/20157/1/2015
2/27/2015quarterly$0.374.46%3/6/20153/10/20154/1/2015
11/21/2014quarterly$0.374.24%12/8/201412/10/20141/2/2015
8/22/2014quarterly$0.374.34%9/8/20149/10/201410/1/2014
5/21/2014quarterly$0.374.44%6/6/20146/10/20147/1/2014
2/6/2014quarterly$0.374.92%3/6/20143/10/20144/1/2014
11/22/2013quarterly$0.374.79%12/6/201312/10/20131/2/2014
8/23/2013quarterly$0.374.8%9/6/20139/10/201310/1/2013
5/15/2013quarterly$0.374.6%6/6/20136/10/20137/1/2013
2/14/2013quarterly$0.374.83%3/6/20133/8/20134/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for PPL Corporation (NYSE:PPL)
Insider Ownership Percentage: 0.40%
Institutional Ownership Percentage: 70.99%
Insider Trades by Quarter for PPL Corporation (NYSE:PPL)
Institutional Ownership by Quarter for PPL Corporation (NYSE:PPL)
Insider Trades by Quarter for PPL Corporation (NYSE:PPL)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/23/2017Joanne H RaphaelSVPSell35,651$39.50$1,408,214.50View SEC Filing  
8/3/2017Joseph P. Bergstein, Jr.VPSell2,983$39.00$116,337.00View SEC Filing  
8/3/2017Vincent SorgiInsiderSell5,600$39.00$218,400.00View SEC Filing  
7/24/2017Joseph P. Bergstein, Jr.VPSell2,929$38.55$112,912.95View SEC Filing  
6/19/2017Gregory N DudkinInsiderSell8,228$39.55$325,417.40View SEC Filing  
3/23/2017Robert A SymonsInsiderSell12,703$37.60$477,632.80View SEC Filing  
2/28/2017Joanne H RaphaelSVPSell4,035$36.57$147,559.95View SEC Filing  
2/28/2017Vincent SorgiInsiderSell10,708$37.00$396,196.00View SEC Filing  
2/28/2017William H. SpenceChairmanSell40,123$36.94$1,482,143.62View SEC Filing  
2/21/2017Paul W ThompsonInsiderSell6,454$36.00$232,344.00View SEC Filing  
1/24/2017Gregory N DudkinInsiderSell10,231$34.57$353,685.67View SEC Filing  
1/24/2017Joanne H RaphaelSVPSell5,734$34.36$197,020.24View SEC Filing  
1/24/2017William H. SpenceChairmanSell67,533$34.57$2,334,615.81View SEC Filing  
7/11/2016Robert A. SymonsInsiderSell13,901$37.40$519,897.40View SEC Filing  
7/8/2016Joseph P. Bergstein, Jr.VPSell1,581$37.06$58,591.86View SEC Filing  
6/16/2016Gregory N DudkinInsiderSell34,102$38.84$1,324,521.68View SEC Filing  
6/16/2016Vincent SorgiCFOSell10,400$38.94$404,976.00View SEC Filing  
6/16/2016William H. SpenceCEOSell156,224$38.79$6,059,928.96View SEC Filing  
1/26/2016Joanne H RaphaelSVPSell6,068$33.91$205,765.88View SEC Filing  
1/26/2016Victor A StaffieriInsiderSell16,907$34.08$576,190.56View SEC Filing  
1/25/2016Gregory N. DudkininsiderSell8,007$33.98$272,077.86View SEC Filing  
1/25/2016Joanne H. RaphaelSVPSell5,825$33.98$197,933.50View SEC Filing  
12/23/2015Gregory N. DudkininsiderSell121,557$34.00$4,132,938.00View SEC Filing  
9/21/2015Robert A. SymonsinsiderSell9,686$31.13$301,525.18View SEC Filing  
8/20/2015Mark F. WiltenVPSell21,855$33.75$737,606.25View SEC Filing  
6/22/2015Mark F WiltenVPSell1,526$30.87$47,107.62View SEC Filing  
2/3/2015Robert D GabbardInsiderSell184,460$36.00$6,640,560.00View SEC Filing  
1/28/2015Paul A FarrInsiderSell7,178$35.56$255,249.68View SEC Filing  
1/28/2015Robert J GreyEVPSell4,814$35.56$171,185.84View SEC Filing  
1/27/2015Paul A FarrInsiderSell22,914$35.72$818,488.08View SEC Filing  
1/27/2015Robert J GreyEVPSell12,683$35.56$451,007.48View SEC Filing  
1/26/2015Victor A StaffieriInsiderSell118,710$35.51$4,215,392.10View SEC Filing  
1/21/2015Gregory N DudkinInsiderSell55,630$35.99$2,002,123.70View SEC Filing  
1/5/2015Gregory N DudkinInsiderSell28,840$35.81$1,032,760.40View SEC Filing  
11/5/2014Mark F WiltenVPSell13,746$35.44$487,158.24View SEC Filing  
11/5/2014Robert D GabbardInsiderSell11,704$36.01$421,461.04View SEC Filing  
11/5/2014Robert J GreyEVPSell65,430$36.00$2,355,480.00View SEC Filing  
9/15/2014Robert A SymonsInsiderSell7,287$32.63$237,774.81View SEC Filing  
8/25/2014Mark F WiltenVPSell6,674$34.44$229,852.56View SEC Filing  
8/21/2014Mark F WiltenVPSell3,472$34.44$119,575.68View SEC Filing  
5/30/2014David G DecampliInsiderSell39,793$34.99$1,392,357.07View SEC Filing  
5/7/2014Rick KlingensmithInsiderSell16,040$34.50$553,380.00View SEC Filing  
5/1/2014Rick KlingensmithInsiderSell50,350$34.08$1,715,928.00View SEC Filing  
5/1/2014Vincent SorgiVPSell1,500$34.00$51,000.00View SEC Filing  
5/1/2014William SpenceCEOSell21,857$33.61$734,613.77View SEC Filing  
4/17/2014David DecampliInsiderSell20,474$33.49$685,674.26View SEC Filing  
4/14/2014David DecampliInsiderSell20,813$32.63$679,128.19View SEC Filing  
3/31/2014David DecampliInsiderSell20,473$33.02$676,018.46View SEC Filing  
3/31/2014Vincent SorgiVPSell1,500$33.00$49,500.00View SEC Filing  
2/24/2014Robert GreyEVPSell66,100$32.06$2,119,166.00View SEC Filing  
2/11/2014Victor StaffieriInsiderSell45,350$31.06$1,408,571.00View SEC Filing  
1/29/2014Victor StaffieriInsiderSell56,105$30.05$1,685,955.25View SEC Filing  
1/28/2014David DecampliInsiderSell8,765$29.84$261,547.60View SEC Filing  
1/28/2014Paul FarrCFOSell25,424$29.84$758,652.16View SEC Filing  
1/28/2014Robert GreyEVPSell14,631$29.84$436,589.04View SEC Filing  
1/28/2014William SpenceCEOSell12,039$29.84$359,243.76View SEC Filing  
10/7/2013Paul FarrCFOSell3,568$30.02$107,111.36View SEC Filing  
8/6/2013Paul FarrCFOSell3,097$31.96$98,980.12View SEC Filing  
3/25/2013Paul A FarrCFOSell6,200$30.15$186,930.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for PPL Corporation (NYSE:PPL)
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PPL Corporation (PPL) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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