NYSE:PPL - PPL Stock Price, Forecast & News

PPL's stock was trading at $29.25 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PPL shares have decreased by 13.1% and is now trading at $25.42. View which stocks have been mosted impacted by Coronavirus.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PPL in the last year. There are currently 11 hold ratings, 4 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) released its quarterly earnings results on Friday, February, 14th. The utilities provider reported $0.57 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.53 by $0.04. The utilities provider earned $1.95 billion during the quarter, compared to analyst estimates of $2.08 billion. PPL had a return on equity of 14.73% and a net margin of 22.47%. PPL's revenue for the quarter was up .8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.52 earnings per share. View PPL's earnings history.

PPL announced a quarterly dividend on Tuesday, February 18th. Stockholders 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 dividend on an annualized basis and a yield of 6.53%. The ex-dividend date of this dividend is Monday, March 9th. This is a boost from PPL's previous quarterly dividend of $0.41. View PPL's dividend history.

PPL issued an update on 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 brokers have issued 12-month price targets for PPL's shares. Their forecasts range from $30.00 to $59.00. On average, they anticipate PPL's share price to reach $40.85 in the next twelve months. This suggests a possible upside of 60.7% from the stock's current price. View analysts' price targets for PPL.

News coverage about PPL stock has been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. PPL earned a media sentiment score of 1.2 on InfoTrie's scale. They also assigned news stories about the utilities provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several 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), Edison International (EIX), FirstEnergy (FE), Entergy (ETR), Pinnacle West Capital (PNW), OGE Energy (OGE), IDACORP (IDA), Hawaiian Electric Industries (HE) 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), Exxon Mobil (XOM), AbbVie (ABBV), Intel (INTC), Johnson & Johnson (JNJ), General Electric (GE) and Pfizer (PFE).

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 investors include State Street Corp (5.58%), Bank of New York Mellon Corp (3.23%), FMR LLC (3.21%), Caisse DE Depot ET Placement DU Quebec (2.29%), Hotchkis & Wiley Capital Management LLC (2.06%) and Geode Capital Management LLC (1.59%). 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 FMR LLC, Goldman Sachs Group Inc., Renaissance Technologies LLC, Great West Life Assurance Co. Can, SG Americas Securities LLC, UBS Asset Management Americas Inc., Strs Ohio, and Assenagon Asset Management S.A.. 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 Norges Bank, Bank of New York Mellon Corp, Nuveen Asset Management LLC, Point72 Asset Management L.P., State Street Corp, Cohen & Steers Inc., Jennison Associates LLC, and Hotchkis & Wiley 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 $25.42.

PPL has a market capitalization of $19.52 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]