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Stock market today: Wall Street rises to more records to close out its latest winning month
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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NYSE:PPL

PPL (PPL) Stock Price, News & Analysis

$27.53
+0.11 (+0.40%)
(As of 03/28/2024 ET)
Today's Range
$27.28
$27.59
50-Day Range
$25.44
$27.42
52-Week Range
$22.20
$29.03
Volume
5.30 million shs
Average Volume
5.22 million shs
Market Capitalization
$20.31 billion
P/E Ratio
27.53
Dividend Yield
3.74%
Price Target
$32.67

PPL MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
18.7% Upside
$32.67 Price Target
Short Interest
Healthy
2.50% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-8.27
Upright™ Environmental Score
News Sentiment
0.81mentions of PPL in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.02%
From $1.71 to $1.83 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.00 out of 5 stars

Utilities Sector

39th out of 90 stocks

Electric Services Industry

20th out of 40 stocks

PPL stock logo

About PPL Stock (NYSE:PPL)

PPL Corporation, an energy company, focuses on providing electricity and natural gas to approximately 3.6 million customers in the United States. It operates through three segments: Kentucky Regulated, Pennsylvania Regulated, and Rhode Island Regulated. The company delivers electricity to customers in Pennsylvania, Kentucky, Virginia, and Rhode Island; delivers natural gas to customers in Kentucky and Rhode Island; and generates electricity from power plants in Kentucky. PPL Corporation was founded in 1920 and is headquartered in Allentown, Pennsylvania.

PPL Stock Price History

PPL Stock News Headlines

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Argus gets more bullish on PPL Corp., upgrades shares
PPL names new Rhode Island Energy president
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PPL Corp. price target lowered by $2 at Wells Fargo, here's why
Q4 2023 PPL Corp Earnings Call
Decoding PPL Corp (PPL): A Strategic SWOT Insight
PPL: Q4 Earnings Snapshot
PPL Corporation Q4 Profit Decreases, but beats estimates
PPL to Invest Billions More in Its System
See More Headlines
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Company Calendar

Ex-Dividend for 1/2 Dividend
12/07/2023
Dividend Payable
1/02/2024
Last Earnings
2/16/2024
Ex-Dividend for 4/1 Dividend
3/07/2024
Today
3/28/2024
Dividend Payable
4/01/2024
Next Earnings (Estimated)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Electric services
Sub-Industry
Electric Utilities
CUSIP
69351T10
Employees
6,629
Year Founded
1920

Price Target and Rating

Average Stock Price Target
$32.67
High Stock Price Target
$52.00
Low Stock Price Target
$25.00
Potential Upside/Downside
+18.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
8 Analysts

Profitability

Net Income
$740 million
Pretax Margin
11.12%

Debt

Sales & Book Value

Annual Sales
$8.31 billion
Cash Flow
$3.53 per share
Book Value
$18.90 per share

Miscellaneous

Free Float
736,349,000
Market Cap
$20.31 billion
Optionable
Optionable
Beta
0.81

Social Links

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Key Executives

Should I Buy PPL Stock? PPL Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of PPL was last updated on Monday, March 25, 2024 at 11:12 PM.

Pros

Here are some ways that investors could benefit from investing in PPL Co.:

  • PPL Co. has shown consistent growth in institutional investments, indicating confidence from major financial entities.
  • Recent reports indicate an increase in PPL Co.'s stock position by significant percentages, reflecting positive market sentiment.
  • The company's earnings per share (EPS) exceeded analysts' estimates, showcasing strong financial performance.
  • PPL Co. has a diverse portfolio of institutional investors, reducing investment risk through broad ownership.
  • Despite market fluctuations, PPL Co. has maintained a stable stock price, providing a sense of security to investors.

Cons

Investors should be bearish about investing in PPL Co. for these reasons:

  • Market analysts have noted a decrease in revenue for PPL Co., potentially signaling challenges in revenue generation.
  • The company's debt-to-equity ratio of 1.05 may raise concerns about its financial leverage and ability to manage debt.
  • While the stock price has been relatively stable, the company's price-to-earnings ratio of 26.43 may indicate overvaluation.
  • PPL Co.'s revenue decline year-over-year could impact future earnings and investor returns.
  • Investors should consider the company's beta of 0.82, indicating lower volatility compared to the market average, which may limit potential returns.

PPL Stock Analysis - Frequently Asked Questions

Should I buy or sell PPL stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PPL in the last twelve months. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PPL shares.
View PPL analyst ratings
or view top-rated stocks.

What is PPL's stock price target for 2024?

8 analysts have issued twelve-month price objectives for PPL's stock. Their PPL share price targets range from $25.00 to $52.00. On average, they expect the company's stock price to reach $32.67 in the next year. This suggests a possible upside of 18.7% from the stock's current price.
View analysts price targets for PPL
or view top-rated stocks among Wall Street analysts.

How have PPL shares performed in 2024?

PPL's stock was trading at $27.10 at the beginning of 2024. Since then, PPL shares have increased by 1.6% and is now trading at $27.53.
View the best growth stocks for 2024 here
.

When is PPL's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our PPL earnings forecast
.

How were PPL's earnings last quarter?

PPL Co. (NYSE:PPL) posted its quarterly earnings results on Friday, February, 16th. The utilities provider reported $0.40 earnings per share for the quarter, topping analysts' consensus estimates of $0.38 by $0.02. The utilities provider had revenue of $2.03 billion for the quarter, compared to the consensus estimate of $1.56 billion. PPL had a net margin of 8.90% and a trailing twelve-month return on equity of 8.45%. The business's revenue for the quarter was down 11.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.28 earnings per share.
Read the conference call transcript
.

How often does PPL pay dividends? What is the dividend yield for PPL?

PPL announced a quarterly dividend on Friday, February 16th. Stockholders of record on Friday, March 8th will be given a dividend of $0.2575 per share on Monday, April 1st. This represents a $1.03 annualized dividend and a yield of 3.74%. The ex-dividend date is Thursday, March 7th. This is a boost from the stock's previous quarterly dividend of $0.24.
Read our dividend analysis for PPL
.

Is PPL a good dividend stock?

PPL (NYSE:PPL) pays an annual dividend of $1.03 per share and currently has a dividend yield of 3.87%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 103.00%. 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 56.28% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PPL.

What guidance has PPL issued on next quarter's earnings?

PPL issued an update on its FY 2024 earnings guidance on Friday, February, 16th. The company provided earnings per share guidance of 1.630-1.750 for the period, compared to the consensus earnings per share estimate of 1.750. The company issued revenue guidance of -.

What other stocks do shareholders of PPL own?

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).

Who are PPL's major shareholders?

PPL's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (12.75%), Vanguard Group Inc. (12.76%), Wellington Management Group LLP (2.86%), Hotchkis & Wiley Capital Management LLC (2.10%), Franklin Resources Inc. (1.41%) and Cohen & Steers Inc. (1.21%). Insiders that own company stock include David J Bonenberger, Gregory N Dudkin, John R Crockett III, Joseph P Bergstein Jr, Stephanie R Raymond and Vincent Sorgi.
View institutional ownership trends
.

How do I buy shares of PPL?

Shares of PPL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does PPL have any subsidiaries?
The following companies are subsidiares of PPL: AES Ironwood, AES Prescott, CEP Reserves Inc., Kentucky Utilities Company, LG&E and KU Energy LLC, Louisville Gas and Electric Company, PMDC International Holdings Inc., PPL (Barbados) SRL, PPL Atlantic Holdings LLC, PPL Capital Funding Inc., PPL Electric Utilities Corporation, PPL Energy Funding Corporation, PPL Global LLC, PPL UK Holdings LLC, PPL UK Resources Limited, PPL WPD Limited, Safari Energy, Western Power Distribution (East Midlands) plc, Western Power Distribution (South West) plc, and Western Power Distribution (West Midlands) plc.
Read More
This page (NYSE:PPL) was last updated on 3/28/2024 by MarketBeat.com Staff

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