NYSE:PPLPPL Stock Price, Forecast & News

PPL's stock was trading at $29.25 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PPL shares have decreased by 16.6% and is now trading at $24.40. 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 1 sell rating, 8 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 earnings results 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 had revenue of $2.05 billion for 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 business's revenue was down 1.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.70 EPS. View PPL's earnings history.

PPL declared 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 dividend on an annualized basis and a dividend yield of 6.80%. The ex-dividend date is Tuesday, June 9th. View PPL's dividend history.

PPL updated its FY 2021 After-Hours earnings guidance on Tuesday, June, 9th. The company provided earnings per share guidance of 2.40-2.60 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.44.

17 analysts have issued 1-year price objectives for PPL's stock. Their forecasts range from $25.00 to $59.00. On average, they expect PPL's share price to reach $37.16 in the next year. This suggests a possible upside of 52.3% from the stock's current price. View analysts' price targets for PPL.

News stories about PPL stock have been trending somewhat negative on Thursday, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. PPL earned a media sentiment score of -1.6 on InfoTrie's scale. They also gave press coverage about the utilities provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near term. View the latest news about PPL.

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 number of institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.14%), State of Alaska Department of Revenue (0.03%), Nexus Investment Management ULC (0.02%), Farmers & Merchants Trust Co of Chambersburg PA (0.01%), Fulton Bank N. A. (0.01%) and DNB Asset Management AS (0.01%). 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 Envestnet Asset Management Inc., State of Alaska Department of Revenue, DNB Asset Management AS, Fulton Bank N. A., Municipal Employees Retirement System of Michigan, Stolper Co, and Town & Country Bank & Trust CO dba First Bankers Trust CO. 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 OmniStar Financial Group Inc., Rockland Trust Co., Farmers & Merchants Trust Co of Chambersburg PA, Bangor Savings Bank, Independence Bank of Kentucky, Nexus Investment Management ULC, IBM Retirement Fund, and Hudson Valley Investment Advisors Inc. ADV. 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 $24.40.

PPL has a market capitalization of $18.76 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]