PPL - PPL Stock Forecast, Price & News

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PPL in the last year. There are currently 3 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" PPL shares.
View PPL analyst ratings or view top-rated stocks.

12 analysts have issued twelve-month price objectives for PPL's stock. Their PPL share price forecasts range from $27.00 to $34.00. On average, they expect the company's share price to reach $31.40 in the next year. This suggests a possible upside of 9.6% from the stock's current price.
View analysts price targets for PPL or view top-rated stocks among Wall Street analysts.

PPL's stock was trading at $29.22 at the beginning of 2023. Since then, PPL stock has decreased by 1.9% and is now trading at $28.66.
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PPL saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 10,560,000 shares, an increase of 25.0% from the December 31st total of 8,450,000 shares. Based on an average trading volume of 4,560,000 shares, the days-to-cover ratio is presently 2.3 days. Currently, 1.4% of the shares of the company are sold short.
View PPL's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, February 17th 2023.
View our PPL earnings forecast.

PPL Co. (NYSE:PPL) released its quarterly earnings data on Thursday, November, 4th. The utilities provider reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.38 by $0.02. The utilities provider earned $1.51 billion during the quarter, compared to the consensus estimate of $1.59 billion. PPL had a net margin of 9.86% and a trailing twelve-month return on equity of 7.19%. The company's revenue was up 8.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.58 earnings per share.
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PPL announced a quarterly dividend on Friday, November 18th. Stockholders of record on Friday, December 9th will be paid a dividend of $0.225 per share on Tuesday, January 3rd. This represents a $0.90 annualized dividend and a dividend yield of 3.14%. The ex-dividend date of this dividend is Thursday, December 8th.
Read our dividend analysis for PPL.

PPL (NYSE:PPL) pays an annual dividend of $0.90 per share and currently has a dividend yield of 3.04%. The dividend payout ratio is 94.74%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, PPL will have a dividend payout ratio of 56.25% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PPL.

PPL issued an update on its FY 2023 earnings guidance on Wednesday, January, 11th. The company provided earnings per share guidance of $1.50-$1.65 for the period, compared to the consensus EPS estimate of $1.59. The company issued revenue guidance of -.

Based on aggregate information from My MarketBeat watchlists, some companies that other PPL investors own include AT&T (T), Verizon Communications (VZ), Pfizer (PFE), Intel (INTC), Exxon Mobil (XOM), Cisco Systems (CSCO), Johnson & Johnson (JNJ), AbbVie (ABBV), Chevron (CVX) and International Business Machines (IBM).

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 shareholders include Ceredex Value Advisors LLC (0.65%), Bank of Montreal Can (0.59%), Mizuho Markets Americas LLC (0.32%), Sumitomo Mitsui Trust Holdings Inc. (0.30%), Coann Capital LLC (0.12%) and New York State Teachers Retirement System (0.10%). Insiders that own company stock include David J Bonenberger, Gregory N Dudkin, Joanne H Raphael, Joseph P Bergstein Jr, Stephanie R Raymond and Vincent Sorgi.
View institutional ownership trends.

Shares of PPL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of PPL stock can currently be purchased for approximately $28.66.

PPL (NYSE:PPL) has a market capitalization of $21.10 billion and generates $5.78 billion in revenue each year. The utilities provider earns $-1,480,000,000.00 in net income (profit) each year or $0.95 on an earnings per share basis.

The company employs 5,607 workers across the globe.

PPL's mailing address is TWO N NINTH ST, ALLENTOWN PA, 18101. The official website for the company is www.pplweb.com. The utilities provider can be reached via phone at (610) 774-5151, via email at invrel@pplweb.com, or via fax at 610-774-5106.