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S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
"Prepare for Five Years of Famine" (Ad)
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
3rd Massive Dollar Upheaval Has Started (Ad)
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Italy's Lake Garda shrinks to near-historic low amid drought
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
"Prepare for Five Years of Famine" (Ad)
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
3rd Massive Dollar Upheaval Has Started (Ad)
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Italy's Lake Garda shrinks to near-historic low amid drought
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
"Prepare for Five Years of Famine" (Ad)
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
3rd Massive Dollar Upheaval Has Started (Ad)
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Italy's Lake Garda shrinks to near-historic low amid drought
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
NYSE:PPL

PPL - PPL Stock Forecast, Price & News

$30.29
+0.86 (+2.92%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$29.55
$30.31
50-Day Range
$25.36
$30.58
52-Week Range
$24.98
$30.72
Volume
5.97 million shs
Average Volume
4.87 million shs
Market Capitalization
$22.30 billion
P/E Ratio
30.91
Dividend Yield
3.06%
Price Target
$30.78

PPL MarketRank™ Forecast

Analyst Rating
Hold
2.45 Rating Score
Upside/​Downside
1.6% Upside
$30.78 Price Target
Short Interest
Healthy
1.62% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-8.27
Upright™ Environmental Score
News Sentiment
0.17mentions of PPL in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$914,702 Sold Last Quarter
Proj. Earnings Growth
15.22%
From $1.38 to $1.59 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.19 out of 5 stars

Utilities Sector

44th out of 87 stocks

Electric Services Industry

19th out of 43 stocks

PPL stock logo

About PPL (NYSE:PPL) Stock

PPL Corporation, a utility holding company, delivers electricity and natural gas in the United States and the United Kingdom. The company operates through two segments: Kentucky Regulated and Pennsylvania Regulated. It serves approximately 429,000 electric and 333,000 natural gas customers in Louisville and adjacent areas in Kentucky; 538,000 electric customers in central, southeastern, and western Kentucky; and 28,000 electric customers in five counties in southwestern Virginia. The company also provides electric services to approximately 1.4 million customers in Pennsylvania; and generates electricity from coal, gas, hydro, and solar sources in Kentucky; and sells wholesale electricity to two municipalities in Kentucky. PPL Corporation was founded in 1920 and is headquartered in Allentown, Pennsylvania.

Analyst Upgrades and Downgrades

PPL has been the topic of a number of research analyst reports. Evercore ISI upped their price target on shares of PPL to $32.00 in a research report on Tuesday. Wells Fargo & Company upped their price target on shares of PPL from $33.00 to $34.00 in a research report on Tuesday, June 7th. StockNews.com cut shares of PPL from a "buy" rating to a "hold" rating in a research report on Thursday, August 4th. Morgan Stanley increased their price objective on shares of PPL from $26.00 to $28.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 21st. Finally, Credit Suisse Group cut their price objective on shares of PPL from $33.00 to $29.00 and set an "outperform" rating on the stock in a research report on Thursday, June 16th. Seven investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $30.78.

PPL Trading Up 2.9 %

NYSE:PPL opened at $30.29 on Friday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.53 and a current ratio of 0.62. The firm has a market cap of $22.30 billion, a price-to-earnings ratio of 30.91 and a beta of 0.75. PPL has a 52 week low of $24.98 and a 52 week high of $30.72. The firm has a 50-day moving average price of $27.72 and a two-hundred day moving average price of $28.16.

PPL Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, July 1st. Stockholders of record on Tuesday, June 21st were paid a dividend of $0.225 per share. The ex-dividend date was Friday, June 17th. This represents a $0.90 annualized dividend and a dividend yield of 2.97%. This is a positive change from PPL's previous quarterly dividend of $0.20. PPL's dividend payout ratio (DPR) is presently 91.84%.

Insider Transactions at PPL

In other news, insider Stephanie R. Raymond sold 3,374 shares of the firm's stock in a transaction that occurred on Wednesday, June 8th. The shares were sold at an average price of $30.45, for a total transaction of $102,738.30. Following the completion of the sale, the insider now owns 23,182 shares in the company, valued at approximately $705,891.90. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In other PPL news, CEO Vincent Sorgi sold 27,553 shares of the firm's stock in a transaction on Friday, July 29th. The shares were sold at an average price of $29.00, for a total value of $799,037.00. Following the completion of the transaction, the chief executive officer now directly owns 111,462 shares of the company's stock, valued at approximately $3,232,398. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Stephanie R. Raymond sold 3,374 shares of the firm's stock in a transaction on Wednesday, June 8th. The shares were sold at an average price of $30.45, for a total transaction of $102,738.30. Following the completion of the transaction, the insider now directly owns 23,182 shares of the company's stock, valued at $705,891.90. The disclosure for this sale can be found here. Insiders sold a total of 31,404 shares of company stock worth $914,702 in the last quarter. Insiders own 0.17% of the company's stock.

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PPL Stock News Headlines

PPL (NYSE:PPL) Price Target Raised to $32.00 at Evercore ISI
StockNews.com Lowers PPL (NYSE:PPL) to Hold
PPL (PPL) Q2 2022 Earnings Call Transcript
PPL Co. (NYSE:PPL) CEO Vincent Sorgi Sells 27,553 Shares
PPL Corporation Reports Second-Quarter 2022 Earnings
PPL August 19th Options Begin Trading
See More Headlines
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PPL Company Calendar

Last Earnings
11/04/2021
Ex-Dividend for 7/1 Dividend
6/17/2022
Dividend Payable
7/01/2022
Today
8/13/2022
Next Earnings (Estimated)
11/03/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
Electric Utilities
Sector
Utilities
CUSIP
69351T10
Employees
5,607
Year Founded
1920

Price Target and Rating

Average Stock Price Forecast
$30.78
High Stock Price Forecast
$34.00
Low Stock Price Forecast
$28.00
Forecasted Upside/Downside
+1.6%
Consensus Rating
Hold
Rating Score (0-4)
2.45
Research Coverage
11 Analysts

Profitability

Net Income
$-1,480,000,000.00
Pretax Margin
14.64%

Debt

Sales & Book Value

Annual Sales
$5.78 billion
Cash Flow
$2.58 per share
Book Value
$18.84 per share

Miscellaneous

Free Float
734,933,000
Market Cap
$22.30 billion
Optionable
Optionable
Beta
0.75

Social Links


Key Executives

  • Mr. Vincent Sorgi (Age 50)
    Pres, CEO & Director
    Comp: $3.88M
  • Mr. Joseph P. Bergstein Jr. (Age 51)
    Exec. VP & CFO
    Comp: $1.59M
  • Mr. Gregory N. Dudkin (Age 64)
    Exec. VP & COO
    Comp: $1.79M
  • Ms. Wendy E. Stark (Age 50)
    Sr. VP, Gen. Counsel, Corp. Sec. & Chief Legal Officer
    Comp: $1.66M
  • Mr. Mark W. Brooks
    VP & Chief Information Security Officer
  • Mr. Andrew Ludwig
    VP of Investor Relations
  • Mr. Steven D. Phillips
    VP & Global Chief Compliance Officer
  • Mr. Ryan Hill
    Sr. Director of Corp. Communications
  • Ms. Angela K. Gosman (Age 53)
    Sr. VP & Chief HR Officer
  • Ms. Christine W. Martin
    VP of Public Affairs & Chief Sustainability Officer













PPL Stock - Frequently Asked Questions

Should I buy or sell PPL stock right now?

11 Wall Street equities research 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 equities research 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.

What is PPL's stock price forecast for 2022?

11 Wall Street analysts have issued 1 year price targets for PPL's shares. Their PPL share price forecasts range from $28.00 to $34.00. On average, they anticipate the company's share price to reach $30.78 in the next twelve months. This suggests a possible upside of 1.6% from the stock's current price.
View analysts price targets for PPL
or view top-rated stocks among Wall Street analysts.

How have PPL shares performed in 2022?

PPL's stock was trading at $30.06 at the beginning of the year. Since then, PPL shares have increased by 0.8% and is now trading at $30.29.
View the best growth stocks for 2022 here
.

Are investors shorting PPL?

PPL saw a increase in short interest in 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 trading 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
.

When is PPL's next earnings date?

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

How were PPL's earnings last quarter?

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

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

PPL announced a quarterly dividend on Friday, June 10th. Investors of record on Tuesday, June 21st will be given 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 2.97%. The ex-dividend date of this dividend is Friday, June 17th. This is a boost from the stock's previous quarterly dividend of $0.20.
Read our dividend analysis for PPL
.

Is PPL a good dividend stock?

PPL (NYSE:PPL) pays an annual dividend of $0.90 per share and currently has a dividend yield of 3.06%. 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.

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

PPL issued an update on 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 EPS estimate of $1.42. The company issued revenue guidance of -.

What other stocks do shareholders of PPL own?

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).

What is PPL's stock symbol?

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

Who are PPL's major shareholders?

PPL's stock is owned by a variety of retail and institutional investors. Top institutional investors include FMR LLC (2.33%), Mitsubishi UFJ Trust & Banking Corp (1.27%), Northern Trust Corp (0.97%), Franklin Resources Inc. (0.86%), Bank of Montreal Can (0.47%) and Swiss National Bank (0.43%). 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
.

How do I buy shares of PPL?

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.
Compare Top Brokerages Here.

What is PPL's stock price today?

One share of PPL stock can currently be purchased for approximately $30.29.

How much money does PPL make?

PPL (NYSE:PPL) has a market capitalization of $22.30 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.

How many employees does PPL have?

The company employs 5,607 workers across the globe.

Does PPL have any subsidiaries?

The following companies are subsidiares of PPL: AES Ironwood, AES Prescott, CEP Reserves Inc., Kentucky Utilities Company, LG&E and KU Energy LLC, Louisville Gas and Electric Company, PMDC International Holdings Inc., PPL (Barbados) SRL, PPL Atlantic Holdings LLC, PPL Capital Funding Inc., PPL Electric Utilities Corporation, PPL Energy Funding Corporation, PPL Global LLC, PPL UK Holdings LLC, PPL UK Resources Limited, PPL WPD Limited, Safari Energy, Western Power Distribution (East Midlands) plc, Western Power Distribution (South West) plc, and Western Power Distribution (West Midlands) plc.
Read More

When was PPL founded?

PPL was founded in 1920.

How can I contact PPL?

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.

This page (NYSE:PPL) was last updated on 8/13/2022 by MarketBeat.com Staff

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