NYSE:PPL PPL (PPL) Stock Price, News & Analysis → Have You Seen Elon’s New A.I. Device? (Picture Inside) (From InvestorPlace) (Ad) Free PPL Stock Alerts $27.91 -0.09 (-0.32%) (As of 05/2/2024 ET) Add Compare Share Share Today's Range$27.60▼$28.1050-Day Range$26.01▼$28.0052-Week Range$22.20▼$28.93Volume7.05 million shsAverage Volume5.00 million shsMarket Capitalization$20.59 billionP/E Ratio27.91Dividend Yield3.69%Price Target$32.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get PPL alerts: Email Address PPL MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside14.9% Upside$32.09 Price TargetShort InterestHealthy2.41% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-8.27Upright™ Environmental ScoreNews Sentiment0.37Based on 26 Articles This WeekInsider TradingN/AProj. Earnings Growth7.65%From $1.70 to $1.83 Per ShareSee Full Details Hide Full Details 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.4.26 out of 5 starsUtilities Sector25th out of 89 stocksElectric Services Industry13th out of 41 stocks 3.3 Analyst's Opinion Consensus RatingPPL has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 6 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoveragePPL has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.41% of the float of PPL has been sold short.Short Interest Ratio / Days to CoverPPL has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in PPL has recently increased by 5.16%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipPPL is a leading dividend payer. It pays a dividend yield of 3.75%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPPL has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of PPL is 103.00%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, PPL will have a dividend payout ratio of 56.28% next year. This indicates that PPL will be able to sustain or increase its dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePPL has received a -108.50% net impact score from Upright. The largest negative impact of PPL in category "GHG emissions" seems to be driven mostly by its "Electricity produced with coal", "Electricity produced with natural gas", and "Electricity distribution services of electricity produced with fossil fuels" products. See details.Environmental SustainabilityThe Environmental Impact score for PPL is -8.27. Previous Next 1.9 News and Social Media Coverage News SentimentPPL has a news sentiment score of 0.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Utilities companies.News Coverage This WeekMarketBeat has tracked 26 news articles for PPL this week, compared to 3 articles on an average week.Search InterestOnly 14 people have searched for PPL on MarketBeat in the last 30 days. This is a decrease of -62% compared to the previous 30 days.MarketBeat FollowsOnly 12 people have added PPL to their MarketBeat watchlist in the last 30 days. This is a decrease of -45% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, PPL insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.22% of the stock of PPL is held by insiders.Percentage Held by Institutions76.99% of the stock of PPL is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for PPL are expected to grow by 7.65% in the coming year, from $1.70 to $1.83 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of PPL is 27.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.13.Price to Earnings Ratio vs. SectorThe P/E ratio of PPL is 27.92, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 82.22.Price to Earnings Growth RatioPPL has a PEG Ratio of 2.50. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPPL has a P/B Ratio of 1.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad InvestorPlaceHave You Seen Elon’s New A.I. Device? (Picture Inside)A strange new era for mankind is upon us... And it's all thanks to Elon Musk's latest creation. Click here to see this strange device you could be wearing some day. Elon believes A.I. is advancing so fast...This strange new device to protect us against that A.I. threat... 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.Read More PPL Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PPL Stock News HeadlinesMay 2, 2024 | markets.businessinsider.comPPL Corporation: Assessing Prospects Amidst Regulatory and Operational UncertaintiesMay 2, 2024 | finance.yahoo.comPPL Corporation (NYSE:PPL) Q1 2024 Earnings Call TranscriptMay 2, 2024 | Paradigm Press (Ad)Biden out June 13; Kamala won’t replace him?On November 16, 2023… Joe Biden accidentally revealed the name of the candidate… Who will replace him in the 2024 presidential election.May 2, 2024 | msn.comTransmission revenue boosts PPL Corp as utility signs data center dealsMay 2, 2024 | finance.yahoo.comPPL Corp (PPL) Q1 2024 Earnings Call Transcript Highlights: Strategic Investments and ...May 2, 2024 | americanbankingnews.comPPL (NYSE:PPL) Rating Lowered to Sell at StockNews.comMay 2, 2024 | gurufocus.comQ1 2024 PPL Corp Earnings Call TranscriptMay 2, 2024 | finance.yahoo.comQ1 2024 PPL Corp Earnings CallMay 2, 2024 | Paradigm Press (Ad)Biden out June 13; Kamala won’t replace him?On November 16, 2023… Joe Biden accidentally revealed the name of the candidate… Who will replace him in the 2024 presidential election.May 1, 2024 | msn.comElectric Company PPL Powers Past Q1 Estimates, Eyes Bright FutureMay 1, 2024 | finance.yahoo.comPPL Corp (PPL) Q1 2024 Earnings: Surpasses Analyst EPS Estimates with Strategic Growth InitiativesMay 1, 2024 | finance.yahoo.comUPDATE 1-Transmission revenue boosts PPL Corp as utility signs data center dealsMay 1, 2024 | investorplace.comPPL Stock Earnings: PPL Beats EPS, Beats Revenue for Q1 2024May 1, 2024 | seekingalpha.comPPL Corporation 2024 Q1 - Results - Earnings Call PresentationMay 1, 2024 | finance.yahoo.comUtility PPL Corp's first-quarter results beat on lower operating costsMay 1, 2024 | prnewswire.comPPL Corporation reports first-quarter 2024 earningsApril 30, 2024 | americanbankingnews.comPPL Co. (NYSE:PPL) Receives Consensus Rating of "Moderate Buy" from BrokeragesApril 29, 2024 | americanbankingnews.comBrokers Offer Predictions for PPL Co.'s Q4 2024 Earnings (NYSE:PPL)April 27, 2024 | americanbankingnews.comPPL Co. (NYSE:PPL) Forecasted to Post Q1 2024 Earnings of $0.52 Per ShareApril 25, 2024 | americanbankingnews.comPPL (NYSE:PPL) Upgraded to "Hold" by StockNews.comApril 24, 2024 | americanbankingnews.comPPL (PPL) to Release Earnings on WednesdayApril 22, 2024 | finance.yahoo.comPPL Corporation (NYSE:PPL) is largely controlled by institutional shareholders who own 77% of the companyApril 18, 2024 | finance.yahoo.com2023 Sustainability Report highlights PPL's utility of the future strategyApril 17, 2024 | finance.yahoo.comPPL Corporation to Conduct Webcast on First-Quarter 2024 Earnings ResultsApril 17, 2024 | prnewswire.comPPL Corporation to Conduct Webcast on First-Quarter 2024 Earnings ResultsApril 3, 2024 | seekingalpha.comPPL Corporation: A Bright Outlook And Good Entry Point, BuyApril 2, 2024 | finance.yahoo.comPPL Corporation subsidiary Rhode Island Energy receives regulatory approval for planned spending to strengthen network safety, reliability and resilienceSee 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. Email Address Company Calendar Ex-Dividend for 4/1 Dividend3/07/2024Dividend Payable4/01/2024Last Earnings5/01/2024Today5/02/2024Next Earnings (Estimated)8/02/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorUtilities Industry Electric services Sub-IndustryElectric Utilities Current SymbolNYSE:PPL CUSIP69351T10 CIK922224 Webwww.pplweb.com Phone(610) 774-5151Fax610-774-5106Employees6,629Year Founded1920Price Target and Rating Average Stock Price Target$32.09 High Stock Price Target$52.00 Low Stock Price Target$25.00 Potential Upside/Downside+17.5%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$1.00 Trailing P/E Ratio27.66 Forward P/E Ratio16.27 P/E Growth2.5Net Income$740 million Net Margins8.90% Pretax Margin11.12% Return on Equity8.45% Return on Assets3.06% Debt Debt-to-Equity Ratio1.05 Current Ratio0.88 Quick Ratio0.73 Sales & Book Value Annual Sales$8.31 billion Price / Sales2.45 Cash Flow$3.44 per share Price / Cash Flow8.04 Book Value$18.90 per share Price / Book1.46Miscellaneous Outstanding Shares737,600,000Free Float735,980,000Market Cap$20.40 billion OptionableOptionable Beta0.81 Social Links These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesMr. Vincent Sorgi (Age 52)President, CEO & Director Comp: $3.33MMr. Joseph P. Bergstein Jr. (Age 53)Executive VP & CFO Comp: $1.43MMr. Francis X. Sullivan (Age 67)Executive VP & COO Comp: $1.32MMs. Wendy E. Stark (Age 52)Executive VP - Utilities, Corporate Secretary & Chief Legal Officer Comp: $1.52MMr. John R. Crockett III (Age 59)Chief Development Officer Comp: $1.05MMr. Dean Anthony Del Vecchio (Age 57)Executive VP and Chief Technology & Innovation Officer Mr. Matthew B. GreenVP & Chief Information and Digital Officer of PPL Services CorporationMr. Andrew LudwigVice President of Investor RelationsMr. Steven D. PhillipsVP & Global Chief Compliance OfficerMr. Ryan HillSenior Director of Corporate CommunicationsMore ExecutivesKey CompetitorsEversource EnergyNYSE:ESFirstEnergyNYSE:FEEntergyNYSE:ETREdison InternationalNYSE:EIXPinnacle West CapitalNYSE:PNWView All CompetitorsInstitutional OwnershipMutual of America Capital Management LLCBought 1,905 shares on 5/2/2024Ownership: 0.021%Hudock Inc.Bought 1,364 shares on 5/2/2024Ownership: 0.004%Wright Investors Service Inc.Bought 636 shares on 5/2/2024Ownership: 0.003%Haverford Trust CoSold 2,000 shares on 5/2/2024Ownership: 0.001%Fidelis Capital Partners LLCBought 1,789 shares on 5/2/2024Ownership: 0.000%View All Institutional Transactions Should I Buy PPL Stock? PPL Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in PPL Co.: PPL stock trading up 0.3% indicates positive market sentiment and potential for growth. PPL reported earnings per share (EPS) of $0.40 for the quarter, beating analysts' consensus estimates, showcasing strong financial performance. Public Sector Pension Investment Board and other institutional investors increasing their stakes in PPL Co. signal confidence in the company's future prospects. PPL's return on equity of 8.45% demonstrates efficient utilization of shareholder funds to generate profits. PPL's revenue of $2.03 billion during the quarter exceeded analysts' expectations, indicating strong operational performance. Cons Investors should be bearish about investing in PPL Co. for these reasons: Despite positive aspects, PPL's revenue was down 11.3% on a year-over-year basis, indicating a decline in top-line growth. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, April 11, 2024. Please send any questions or comments about these PPL pros and cons to contact@marketbeat.com. PPL Stock Analysis - Frequently Asked Questions Should I buy or sell PPL stock right now? 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PPL in the last twelve months. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research 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? 10 Wall Street analysts have issued 1 year price objectives for PPL's stock. Their PPL share price targets range from $25.00 to $52.00. On average, they anticipate the company's share price to reach $32.09 in the next twelve months. This suggests a possible upside of 14.9% 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 stock has increased by 3.0% and is now trading at $27.92. 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 Friday, August 2nd 2024. View our PPL earnings forecast. How were PPL's earnings last quarter? PPL Co. (NYSE:PPL) issued its quarterly earnings results on Wednesday, May, 1st. The utilities provider reported $0.54 earnings per share for the quarter, beating analysts' consensus estimates of $0.52 by $0.02. The utilities provider had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.39 billion. PPL had a trailing twelve-month return on equity of 8.45% and a net margin of 8.90%. The company's revenue was down 4.6% compared to the same quarter last year. During the same period last year, the business earned $0.48 EPS. 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 dividend yield of 3.69%. 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 3.75%. 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 ETFs hold PPL's stock? ETFs with the largest weight of PPL (NYSE:PPL) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), Goldman Sachs ETF Trust Goldman (GPOW), VanEck Energy Income ETF (EINC), Alerian Energy Infrastructure ETF (ENFR), Global X MLP & Energy Infrastructure ETF (MLPX), Pacer American Energy Independence ETF (USAI), USCF Midstream Energy Income Fund (UMI) and Global X MSCI Pakistan ETF (PAK). What guidance has PPL issued on next quarter's earnings? PPL issued an update on its FY24 earnings guidance on Wednesday, May, 1st. The company provided earnings per share guidance of $1.63-1.75 for the period, compared to the consensus earnings per share estimate of $1.70. 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 many different institutional and retail investors. Top institutional investors include Bank of New York Mellon Corp (0.76%), Jennison Associates LLC (0.57%), Sumitomo Mitsui Trust Holdings Inc. (0.24%), Raymond James & Associates (0.20%), Principal Financial Group Inc. (0.12%) and New York State Teachers Retirement System (0.09%). 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 5/2/2024 by MarketBeat.com Staff From Our PartnersUrgent Nvidia WarningAltimetryA.I. is a Tidal Wave - Here’s What to BuyChaikin AnalyticsTruth about Trump you’ve never heardPorter & CompanyHe Is Giving Away BitcoinCrypto Swap ProfitsThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingThe A.I. story nobody is telling you (Read ASAP)TradeSmithAI “wealth window” is closing June 25thParadigm Press4 Cryptos BETTER than BitcoinTrue Market Insiders Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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