NYSE:PPLPPL Stock Price, Forecast & News

PPL's stock was trading at $29.25 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, PPL shares have decreased by 10.5% and is now trading at $26.18. View which stocks have been most impacted by Coronavirus.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PPL in the last year. There are currently 1 sell rating, 8 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for PPL.

PPL is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for PPL.

PPL Corp (NYSE:PPL) announced its quarterly earnings results on Friday, May, 8th. The utilities provider reported $0.67 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.72 by $0.05. The utilities provider had revenue of $2.05 billion for the quarter, compared to analysts' expectations of $2.18 billion. PPL had a return on equity of 14.46% and a net margin of 23.68%. The business's quarterly revenue was down 1.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.70 EPS. View PPL's earnings history.

PPL announced a quarterly dividend on Wednesday, May 13th. Stockholders of record on Wednesday, June 10th will be paid a dividend of $0.415 per share on Wednesday, July 1st. This represents a $1.66 dividend on an annualized basis and a dividend yield of 6.34%. The ex-dividend date of this dividend is Tuesday, June 9th. View PPL's dividend history.

PPL updated its FY 2021 After-Hours earnings guidance on Tuesday, June, 9th. The company provided earnings per share (EPS) guidance of 2.40-2.60 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.44.

17 brokers have issued twelve-month price objectives for PPL's stock. Their forecasts range from $25.00 to $59.00. On average, they anticipate PPL's stock price to reach $37.16 in the next twelve months. This suggests a possible upside of 41.9% from the stock's current price. View analysts' price targets for PPL.

Headlines about PPL stock have trended negative this week, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. PPL earned a media sentiment score of -2.8 on InfoTrie's scale. They also assigned media coverage about the utilities provider a news buzz of 7.0 out of 10, indicating that recent news coverage is likely to have an impact on the company's share price in the next few days. View the latest news about PPL.

Some companies that are related to PPL include NextEra Energy (NEE), Duke Energy (DUK), Southern (SO), American Electric Power (AEP), Exelon (EXC), Xcel Energy (XEL), Eversource Energy (ES), FirstEnergy (FE), Edison International (EIX), Entergy (ETR), Pinnacle West Capital (PNW), OGE Energy (OGE), IDACORP (IDA), Hawaiian Electric Industries (HE) and Portland General Electric (POR). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other PPL investors own include AT&T (T), Boeing (BA), Norwegian Cruise Line (NCLH), Verizon Communications (VZ), Conatus Pharmaceuticals (CNAT), AbbVie (ABBV), Exxon Mobil (XOM), Walt Disney (DIS), Cisco Systems (CSCO) and Intel (INTC).

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

Shares of PPL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of PPL stock can currently be purchased for approximately $26.18.

PPL has a market capitalization of $20.13 billion and generates $7.77 billion in revenue each year. The utilities provider earns $1.75 billion in net income (profit) each year or $2.45 on an earnings per share basis. PPL employs 12,280 workers across the globe.

The official website for PPL is www.pplweb.com.

PPL's mailing address is TWO N NINTH ST, ALLENTOWN PA, 18101. The utilities provider can be reached via phone at 610-774-5151 or via email at [email protected]