PPL Stock Forecast, Price & News

PPL's stock was trading at $29.25 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PPL shares have decreased by 10.9% and is now trading at $26.07.
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16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PPL in the last year. There are currently 9 hold ratings and 7 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, November 3rd 2020.
View our earnings forecast for PPL.

PPL Corp (NYSE:PPL) announced its earnings results on Monday, August, 10th. The utilities provider reported $0.55 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.55. The utilities provider earned $1.74 billion during the quarter, compared to analysts' expectations of $1.89 billion. PPL had a return on equity of 14.20% and a net margin of 24.52%. PPL's quarterly revenue was down 3.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.58 earnings per share.
View PPL's earnings history.

PPL declared a quarterly dividend on Friday, August 28th. Investors of record on Thursday, September 10th will be paid a dividend of $0.415 per share on Thursday, October 1st. This represents a $1.66 annualized dividend and a dividend yield of 6.37%. The ex-dividend date of this dividend is Wednesday, September 9th.
View PPL's dividend history.

PPL updated its FY20 earnings guidance on Monday, August, 10th. The company provided earnings per share guidance of $2.40-2.60 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.42.

16 brokers have issued 1-year target prices for PPL's stock. Their forecasts range from $26.50 to $54.00. On average, they expect PPL's share price to reach $35.80 in the next year. This suggests a possible upside of 37.3% from the stock's current price.
View analysts' price targets for PPL.

PPL saw a decline in short interest in August. As of August 31st, there was short interest totaling 15,040,000 shares, a decline of 11.8% from the August 15th total of 17,050,000 shares. Based on an average trading volume of 5,340,000 shares, the days-to-cover ratio is currently 2.8 days.
View PPL's Short Interest.

Some companies that are related to PPL include NextEra Energy (NEE), Duke Energy (DUK), Southern (SO), American Electric Power (AEP), Xcel Energy (XEL), Exelon (EXC), Eversource Energy (ES), Edison International (EIX), Entergy (ETR), FirstEnergy (FE), Pinnacle West Capital (PNW), OGE Energy (OGE), IDACORP (IDA), Hawaiian Electric Industries (HE) and PNM Resources (PNM).
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Based on aggregate information from My MarketBeat watchlists, some companies that other PPL investors own include AT&T (T), Verizon Communications (VZ), Pfizer (PFE), Exxon Mobil (XOM), Intel (INTC), AbbVie (ABBV), Cisco Systems (CSCO), Johnson & Johnson (JNJ), Chevron (CVX) and IBM (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 Vanguard Group Inc. (8.74%), Bank of New York Mellon Corp (3.58%), FMR LLC (2.41%), Federated Hermes Inc. (1.39%), Bank of America Corp DE (0.93%) and Goldman Sachs Group Inc. (0.70%). Company insiders that own PPL stock include Gregory N Dudkin, Joanne H Raphael, Paul W Thompson, Philip Swift, Vincent Sorgi and William H Spence.
View institutional ownership trends for PPL.

PPL stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Epoch Investment Partners Inc., Federated Hermes Inc., FMR LLC, Strs Ohio, Raymond James & Associates, First Trust Advisors LP, and SG Americas Securities LLC. Company insiders that have sold PPL company stock in the last year include Gregory N Dudkin, Joanne H Raphael, Vincent Sorgi, and William H Spence.
View insider buying and selling activity for PPL.

PPL stock was acquired by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Vanguard Group Inc., Assetmark Inc., Prudential PLC, Bank of New York Mellon Corp, Electron Capital Partners LLC, Mondrian Investment Partners LTD, and Macquarie Group Ltd..
View insider buying and selling activity for 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 $26.07.

PPL has a market capitalization of $20.04 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]