PPL Stock Forecast, Price & News

PPL's stock was trading at $29.25 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PPL shares have decreased by 0.5% and is now trading at $29.11.
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17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PPL in the last year. There are currently 8 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for PPL or view MarketBeat's top 5 stock picks.

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PPL is scheduled to release its next quarterly earnings announcement on Friday, February 12th 2021.
View our earnings forecast for PPL.

PPL Co. (NYSE:PPL) released its quarterly earnings data on Thursday, November, 5th. The utilities provider reported $0.58 EPS for the quarter, missing the consensus estimate of $0.61 by $0.03. The utilities provider earned $1.89 billion during the quarter, compared to analysts' expectations of $2.02 billion. PPL had a net margin of 24.52% and a return on equity of 14.20%. The business's revenue for the quarter was down 2.5% on a year-over-year basis. During the same period last year, the company earned $0.61 earnings per share.
View PPL's earnings history.

PPL announced a quarterly dividend on Monday, November 23rd. Investors of record on Thursday, December 10th will be given a dividend of $0.415 per share on Monday, January 4th. This represents a $1.66 dividend on an annualized basis and a yield of 5.70%. The ex-dividend date is Wednesday, December 9th.
View PPL's dividend history.

PPL updated its FY 2020 Pre-Market earnings guidance on Thursday, November, 5th. The company provided earnings per share (EPS) guidance of 2.40-2.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.42.

17 brokerages have issued 12-month target prices for PPL's stock. Their forecasts range from $26.50 to $54.00. On average, they expect PPL's stock price to reach $36.23 in the next year. This suggests a possible upside of 24.5% from the stock's current price.
View analysts' price targets for PPL.

PPL saw a decrease in short interest in October. As of October 30th, there was short interest totaling 11,840,000 shares, a decrease of 25.3% from the October 15th total of 15,850,000 shares. Based on an average trading volume of 4,630,000 shares, the days-to-cover ratio is presently 2.6 days.
View PPL's Short Interest.

Some companies that are related to PPL include NextEra Energy (NEE), Duke Energy (DUK), The Southern (SO), American Electric Power (AEP), Exelon (EXC), Xcel Energy (XEL), Eversource Energy (ES), Edison International (EIX), Entergy (ETR), FirstEnergy (FE), Pinnacle West Capital (PNW), OGE Energy (OGE), IDACORP (IDA), Hawaiian Electric Industries (HE) and PNM Resources (PNM).
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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 institutional and retail investors. Top institutional investors include BlackRock Inc. (8.90%), State Street Corp (5.41%), Caisse DE Depot ET Placement DU Quebec (2.89%), Federated Hermes Inc. (1.17%), Nuveen Asset Management LLC (0.50%) and Charles Schwab Investment Management Inc. (0.46%). 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 BlackRock Inc., Federated Hermes Inc., Nuveen Asset Management LLC, State Street Corp, Caisse DE Depot ET Placement DU Quebec, Natixis, Raymond James & Associates, and Teacher Retirement System of Texas. Company insiders that have sold PPL company stock in the last year include Gregory N Dudkin, 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 BNP Paribas Arbitrage SA, AJO LP, Energy Income Partners LLC, First Trust Advisors LP, Prime Capital Investment Advisors LLC, Allianz Asset Management GmbH, Schafer Cullen Capital Management Inc, and Centre Asset 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 $29.11.

PPL has a market capitalization of $22.38 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]