NYSE:PPLPPL Stock Price, Forecast & 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 8.7% and is now trading at $26.70. View which stocks have been most impacted by Coronavirus.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PPL in the last year. There are currently 10 hold ratings, 5 buy ratings and 1 strong buy rating 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 Thursday, May 7th 2020. View our earnings forecast for PPL.

PPL Corp (NYSE:PPL) posted its quarterly earnings data on Friday, February, 14th. The utilities provider reported $0.57 EPS for the quarter, topping analysts' consensus estimates of $0.53 by $0.04. The utilities provider had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $2.08 billion. PPL had a net margin of 22.47% and a return on equity of 14.73%. The company's revenue was up .8% on a year-over-year basis. During the same quarter last year, the business posted $0.52 earnings per share. View PPL's earnings history.

PPL declared a quarterly dividend on Tuesday, February 18th. Shareholders of record on Tuesday, March 10th will be given a dividend of $0.415 per share on Wednesday, April 1st. This represents a $1.66 annualized dividend and a dividend yield of 6.22%. The ex-dividend date of this dividend is Monday, March 9th. This is a positive change from PPL's previous quarterly dividend of $0.41. View PPL's dividend history.

PPL updated its FY20 earnings guidance on Friday, February, 14th. 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 $2.53.

16 brokerages have issued twelve-month price targets for PPL's shares. Their forecasts range from $25.00 to $59.00. On average, they anticipate PPL's stock price to reach $38.77 in the next twelve months. This suggests a possible upside of 45.2% from the stock's current price. View analysts' price targets for PPL.

News coverage about PPL stock has trended very negative this week, InfoTrie reports. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. PPL earned a news sentiment score of -3.3 on InfoTrie's scale. They also assigned news articles about the utilities provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutPPL.

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), Hawaiian Electric Industries (HE), IDACORP (IDA) and Portland General Electric (POR).

Based on aggregate information from My MarketBeat watchlists, some companies that other PPL investors own include AT&T (T), Conatus Pharmaceuticals (CNAT), Verizon Communications (VZ), Cisco Systems (CSCO), AbbVie (ABBV), Johnson & Johnson (JNJ), Exxon Mobil (XOM), Intel (INTC), Pfizer (PFE) and General Electric (GE).

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

PPL's stock is owned by many different retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.05%), Nexus Investment Management Inc. (0.02%), Peoples Financial Services CORP. (0.01%), Fulton Bank N.A. (0.01%), Weather Gauge Advisory LLC (0.01%) and IFM Investors Pty Ltd (0.01%). 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 Fulton Bank N.A., Triangle Securities Wealth Management, Peoples Financial Services CORP., Neville Rodie & Shaw Inc., IFM Investors Pty Ltd, Town & Country Bank & Trust CO dba First Bankers Trust CO, and Carroll Financial Associates Inc.. Company insiders that have sold PPL company stock in the last year include Gregory N Dudkin, Joanne H Raphael, Philip Swift, Vincent Sorgi, and William H Spence. View insider buying and selling activity for PPL.

PPL stock was purchased by a variety of institutional investors in the last quarter, including Nexus Investment Management Inc., State of Alaska Department of Revenue, Pensionfund Sabic, Grandview Asset Management LLC, IBM Retirement Fund, Lowe Wealth Advisors LLC, Weather Gauge Advisory LLC, and WealthTrust Axiom LLC. 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 $26.70.

PPL has a market capitalization of $20.50 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. View additional information about PPL.

The official website for PPL is http://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]