PPL Corp Company Profile (NYSE:PPL)

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

PPL Corp declared a quarterly dividend on Friday, August 25th. Shareholders of record on Friday, September 8th will be given a dividend of $0.395 per share on Monday, October 2nd. This represents a $1.58 dividend on an annualized basis and a yield of 4.07%. The ex-dividend date of this dividend is Thursday, September 7th. View PPL Corp's Dividend History.

PPL Corp (NYSE:PPL) issued its quarterly earnings results on Thursday, August, 3rd. The company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.02. The company earned $1.73 billion during the quarter, compared to analysts' expectations of $1.79 billion. PPL Corp had a net margin of 16.93% and a return on equity of 11.37%. PPL Corp's revenue for the quarter was down 3.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.56 EPS. View PPL Corp's Earnings History.

PPL Corp is scheduled to release their next quarterly earnings announcement on Tuesday, November, 7th 2017. View Earnings Estimates for PPL Corp.

PPL Corp updated its FY17 earnings guidance on Thursday, August, 3rd. The company provided earnings per share guidance of $2.05-2.25 for the period, compared to the Thomson Reuters consensus estimate of $2.16.

7 brokerages have issued 12 month price targets for PPL Corp's stock. Their predictions range from $32.00 to $43.50. On average, they expect PPL Corp's stock price to reach $38.36 in the next year. View Analyst Ratings for PPL Corp.

Here are some recent quotes from research analysts about PPL Corp stock:

• 1. According to Zacks Investment Research, "Shares of PPL Corp. have gained higher than the industry in the last 12 months. PPL Corp. is poised to gain from its capital investment plan, which primarily focuses on infrastructure construction projects for generation, transmission and distribution. It has reestablished its hedge levels to shield itself from any near-term decline in the GBP. PPL Corp’s earnings are expected to improve annually by 5-6% in 2017-2020 time period, thanks to the contribution from its domestic and U.K. operations. However, environmental regulatory risks pose challenges to PPL Corp.’s growth. The company’s operations are also subject to service disruptions in the form of breakdown of equipment. Unfavorable weather in Kentucky is also adversely impacting earnings." (9/11/2017)
• 2. Jefferies Group LLC analysts commented, "PPL reported strong 4Q earnings and highlighted the strength of the underlying utility business by reaffirming its 5-6% EPS growth rate even in the face of increased dilution and currency re-strikes. Management increased its 2017-2020 capex forecast by $1.0B, raised its equity needs by $250M, and added currency hedges out through 2019. Current US tax reform proposals will have no more than a $0.10 impact to earnings which management believes they can offset." (2/2/2017)

Some companies that are related to PPL Corp include National Grid Transco, PLC (NGG), National Grid plc (NG), Sempra Energy (SRE), Avangrid (AGR), Ameren Corp (AEE), CMS Energy Corporation (CMS), CenterPoint Energy (CNP), Centrica PLC (CNA), NiSource (NI), MDU Resources Group (MDU), Black Hills Corporation (BKH), Avista Corporation (AVA), Pennon Group plc (PNN), Empire District Electric Co (EDE) and Wec Acquisition Corp (TEG).

PPL Corp's management team includes the folowing people:

• William H. Spence, Chairman of the Board, President, Chief Executive Officer
• Vincent Sorgi, Chief Financial Officer, Senior Vice President
• Gregory N. Dudkin, President of PPL Electric LLC.
• Victor A. Staffieri, Chairman, President and Chief Executive Officer of LG&E and KU Energy LLC
• Robert A. Symons, Chief Executive Officer of WPD
• Joanne Hackett Raphael, Senior Vice President, General Counsel, Secretary
• Stephen K. Breininger, Vice President, Controller
• Joseph P. Bergstein Jr, Vice President of Investor Relations, Treasurer
• John W. Conway, Lead Independent Director
• Rodney C. Adkins, Independent Director

PPL Corp's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include UBS Asset Management Americas Inc. (0.40%), Thompson Siegel & Walmsley LLC (0.38%), Lord Abbett & CO. LLC (0.36%), Bank of Montreal Can (0.29%), California Public Employees Retirement System (0.25%) and Russell Investments Group Ltd. (0.22%). Company insiders that own PPL Corp stock include Gregory N Dudkin, Joanne H Raphael, Joseph P Bergstein, Jr, Paul W Thompson, Robert A Symons, Victor A Staffieri, Vincent Sorgi and William H Spence. View Institutional Ownership Trends for PPL Corp.

PPL Corp's stock was sold by a variety of institutional investors in the last quarter, including Thompson Siegel & Walmsley LLC, Canada Pension Plan Investment Board, Nationwide Fund Advisors, Schroder Investment Management Group, Cibc World Markets Corp, Bank of Montreal Can, New York State Common Retirement Fund and Stanley Laman Group Ltd.. Company insiders that have sold PPL Corp stock in the last year include Gregory N Dudkin, Joanne H Raphael, Joseph P Bergstein, Jr, Paul W Thompson, Robert A Symons, Vincent Sorgi and William H Spence. View Insider Buying and Selling for PPL Corp.

PPL Corp's stock was bought by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, UBS Asset Management Americas Inc., Sterling Capital Management LLC, Russell Investments Group Ltd., Reaves W H & Co. Inc., Advisory Services Network LLC, Aperio Group LLC and BRYN MAWR TRUST Co. View Insider Buying and Selling for PPL Corp.

Shares of PPL Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of PPL Corp stock can currently be purchased for approximately $38.84.