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 stock has decreased by 12.3% and is now trading at $25.65. 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 10 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, August 4th 2020. View our earnings forecast for PPL.

PPL Corp (NYSE:PPL) posted its earnings results on Friday, May, 8th. The utilities provider reported $0.67 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.72 by $0.05. The utilities provider earned $2.05 billion during the quarter, compared to analyst estimates of $2.18 billion. PPL had a return on equity of 14.46% and a net margin of 23.68%. The firm's revenue for the quarter was down 1.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.70 earnings per share. View PPL's earnings history.

PPL announced a quarterly dividend on Wednesday, May 13th. Investors 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 yield of 6.47%. The ex-dividend date of this dividend is Tuesday, June 9th. View PPL's dividend history.

PPL issued an update on its FY20 earnings guidance on Friday, May, 8th. 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 $2.46.

17 analysts have issued 12-month price objectives for PPL's stock. Their forecasts range from $25.00 to $59.00. On average, they expect PPL's stock price to reach $38.43 in the next twelve months. This suggests a possible upside of 49.8% from the stock's current price. View analysts' price targets for PPL.

News articles about PPL stock have been trending extremely negative this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. PPL earned a media sentiment score of -4.5 on InfoTrie's scale. They also assigned news coverage about the utilities provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days. 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), 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."

PPL's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.79%), State Street Corp (5.60%), Bank of New York Mellon Corp (3.49%), Invesco Ltd. (3.30%), Caisse DE Depot ET Placement DU Quebec (2.75%) and Geode Capital Management LLC (1.69%). 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 California Public Employees Retirement System, Wellington Management Group LLP, Invesco Ltd., Morgan Stanley, First Trust Advisors LP, Squarepoint Ops LLC, UBS Group AG, and Pictet Asset Management Ltd.. 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 bought by a variety of institutional investors in the last quarter, including Caisse DE Depot ET Placement DU Quebec, Bank of New York Mellon Corp, State Street Corp, Prudential PLC, Nuveen Asset Management LLC, Janus Henderson Group PLC, BlackRock Inc., and Geode Capital Management 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 $25.65.

PPL has a market capitalization of $19.72 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]pplweb.com.