NYSE:PPLPPL 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 4.5% and is now trading at $27.94. 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 9 hold ratings and 8 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) released its quarterly earnings data on Friday, May, 8th. The utilities provider reported $0.67 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.72 by $0.05. The utilities provider earned $2.05 billion during the quarter, compared to analysts' expectations of $2.18 billion. PPL had a net margin of 23.68% and a return on equity of 14.46%. The company's revenue for the quarter was down 1.2% compared to the same quarter last year. During the same quarter last year, the business posted $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 given a dividend of $0.415 per share on Wednesday, July 1st. This represents a $1.66 annualized dividend and a dividend yield of 5.94%. The ex-dividend date of this dividend is Tuesday, June 9th. View PPL's dividend history.

PPL updated its FY20 earnings guidance on Friday, May, 8th. The company provided EPS guidance of $2.40-2.60 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.46.

17 Wall Street analysts have issued 1 year target prices for PPL's stock. Their forecasts range from $25.00 to $59.00. On average, they expect PPL's share price to reach $38.43 in the next twelve months. This suggests a possible upside of 37.5% from the stock's current price. View analysts' price targets for PPL.

News articles about PPL stock have trended very negative this week, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded 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 -3.5 on InfoTrie's scale. They also gave media headlines about the utilities provider a news buzz of 9.0 out of 10, indicating that recent news coverage is extremely likely 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), 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 variety 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, Morgan Stanley, First Trust Advisors LP, Squarepoint Ops LLC, and UBS Group AG. 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 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 $27.94.

PPL has a market capitalization of $21.48 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]