S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
NYSE:PPL

PPL (PPL) Stock Price, News & Analysis

$26.90
+0.26 (+0.98%)
(As of 03/18/2024 ET)
Today's Range
$26.44
$26.92
50-Day Range
$25.44
$27.82
52-Week Range
$22.20
$29.03
Volume
6.14 million shs
Average Volume
5.30 million shs
Market Capitalization
$19.84 billion
P/E Ratio
26.90
Dividend Yield
3.83%
Price Target
$32.10

PPL MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
19.7% Upside
$32.20 Price Target
Short Interest
Healthy
2.34% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-8.27
Upright™ Environmental Score
News Sentiment
N/A
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.

4.31 out of 5 stars

Utilities Sector

31st out of 91 stocks

Electric Services Industry

13th out of 42 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

PPL (NYSE:PPL) Rating Increased to Buy at Argus
Make This $3 Trade the Instant the Opening Bell Rings
Since the birth of Wall Street, one simple rule has remained the same.... Buy stocks that are cheap....When they’re on sale…. And when nobody else is looking…
Argus gets more bullish on PPL Corp., upgrades shares
PPL names new Rhode Island Energy president
Central Bank Gold Heist In Progress
When central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.
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
Receive PPL Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for PPL and its competitors with MarketBeat's FREE daily newsletter.

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
3/18/2024
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
$32.10
High Stock Price Target
$52.00
Low Stock Price Target
$25.00
Potential Upside/Downside
+21.1%
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
$3.36 per share
Book Value
$18.90 per share

Miscellaneous

Free Float
736,349,000
Market Cap
$19.55 billion
Optionable
Optionable
Beta
0.81

Social Links

7 Energy Stocks to Buy and Hold Forever Cover

Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.

Get This Free Report

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 Sunday, March 17, 2024 at 11:51 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.
  • The company has a strong market capitalization of $19.35 billion, providing stability and potential for long-term growth.
  • PPL Co. reported a positive quarterly earnings result, beating the consensus estimate, which can attract investor interest.
  • The stock has a relatively low beta of 0.82, indicating lower volatility compared to the market average.
  • With a P/E ratio of 26.43, PPL Co. may be considered undervalued by some investors, presenting a potential buying opportunity.

Cons

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

  • PPL Co. stock has been trading down recently, showing a decrease of 0.7%, which may indicate short-term challenges.
  • The company's debt-to-equity ratio of 1.05 suggests a relatively high level of debt, which can pose risks during economic downturns.
  • While PPL Co. has a positive return on equity, the net margin of 9.53% may be lower than some investors' preferences for profitability.
  • The stock's price-to-earnings-growth ratio of 2.06 may indicate that the stock is currently overvalued based on growth prospects.
  • Despite institutional ownership, the stock's recent performance may raise concerns about future growth potential.

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 year. 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 Wall Street analysts have issued twelve-month price targets for PPL's shares. Their PPL share price targets range from $25.00 to $52.00. On average, they anticipate the company's share price to reach $32.20 in the next year. This suggests a possible upside of 19.7% 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 on January 1st, 2024. Since then, PPL shares have decreased by 0.7% and is now trading at $26.90.
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) issued its earnings results on Friday, February, 16th. The utilities provider reported $0.40 EPS for the quarter, beating analysts' consensus estimates of $0.38 by $0.02. The utilities provider had revenue of $2.03 billion for the quarter, compared to analysts' expectations of $1.56 billion. PPL had a net margin of 8.90% and a trailing twelve-month return on equity of 8.45%. The firm's quarterly revenue was down 11.3% compared to the same quarter last year. During the same quarter in the prior year, the business 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 declared a quarterly dividend on Friday, February 16th. Investors of record on Friday, March 8th will be paid a dividend of $0.2575 per share on Monday, April 1st. This represents a $1.03 dividend on an annualized basis and a yield of 3.83%. The ex-dividend date of this dividend is Thursday, March 7th. This is an increase 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 3.88%. 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 updated its FY 2024 earnings guidance on Friday, February, 16th. The company provided EPS 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 number of retail and institutional 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 3/18/2024 by MarketBeat.com Staff

From Our Partners