PPL Corporation (PPL)
Market Cap | 23.93B |
Revenue (ttm) | 8.28B |
Net Income (ttm) | 822.00M |
Shares Out | 737.97M |
EPS (ttm) | 1.11 |
PE Ratio | 29.21 |
Forward PE | 18.83 |
Dividend | $1.03 (3.18%) |
Ex-Dividend Date | Dec 10, 2024 |
Volume | 4,088,352 |
Open | 31.87 |
Previous Close | 32.02 |
Day's Range | 31.85 - 32.46 |
52-Week Range | 25.35 - 35.15 |
Beta | 0.84 |
Analysts | Buy |
Price Target | 35.58 (+9.71%) |
Earnings Date | Feb 14, 2025 |
About 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, Pen... [Read more]
Financial Performance
In 2023, PPL Corporation's revenue was $8.31 billion, an increase of 5.19% compared to the previous year's $7.90 billion. Earnings were $739.00 million, a decrease of -2.12%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for PPL stock is "Buy." The 12-month stock price forecast is $35.58, which is an increase of 9.71% from the latest price.
News
PPL to Pay Quarterly Stock Dividend Jan. 2, 2025
ALLENTOWN, Pa. , Nov. 22, 2024 /PRNewswire/ -- PPL Corporation (NYSE: PPL) declared a quarterly common stock dividend on Friday, Nov. 22, 2024, of $0.2575 per share, payable Jan. 2, 2025 to shareowner...
PPL Corporation (PPL) Q3 2024 Earnings Call Transcript
PPL Corporation (NYSE:PPL) Q3 2024 Earnings Conference Call November 1, 2024 11:00 AM ET Company Participants Andy Ludwig - Vice President of Investor Relations Vince Sorgi - President & Chief Execut...
PPL Corporation reports third-quarter 2024 earnings
Announces 2024 third-quarter reported earnings (GAAP) per share of $0.29. Achieves 2024 third-quarter ongoing earnings per share of $0.42 vs.
LG&E and KU forecast load growth due to data centers and economic development
Utilities' IRP filing models scenarios and addresses increase in load LOUISVILLE, Ky., Oct. 18, 2024 /PRNewswire/ -- Kentucky has seen unprecedented economic growth in recent years that, fortunately, ...
Evercore is bullish on utilities, upgrades from line to outperform
The surge in artificial intelligence has sparked a growing appetite for energy and power, creating a bullish environment for utilities (XLU). This trend has propelled the sector to outshine the broade...
PPL Corporation to Conduct Webcast on Third-Quarter 2024 Earnings Results
ALLENTOWN, Pa. , Oct. 11, 2024 /PRNewswire/ -- PPL Corporation (NYSE:PPL) will release consolidated third-quarter 2024 earnings results on Friday, Nov. 1.
Top 2 Utilities Stocks That May Implode In Q3
As of Sept. 16, 2024, two stocks in the utilities sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
PPL finalizes award for up to $72 million in federal funding from U.S. Department of Energy's Office of Clean Energy Demonstrations
ALLENTOWN, Pa. , Sept. 12, 2024 /PRNewswire/ -- PPL Corporation (NYSE: PPL) announced today it has executed an agreement with the U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations ...
PPL to Pay Quarterly Stock Dividend Oct. 1, 2024
ALLENTOWN, Pa. , Aug. 23, 2024 /PRNewswire/ -- PPL Corporation (NYSE: PPL) declared a quarterly common stock dividend on Friday, Aug. 23, 2024, of $0.2575 per share, payable Oct. 1, 2024, to shareowne...
PPL Corporation (PPL) Q2 2024 Earnings Call Transcript
PPL Corporation (NYSE:PPL) Q2 2024 Earnings Conference Call August 2, 2024 11:00 AM ET Company Participants Andy Ludwig - VP, IR Vince Sorgi - President and CEO Joe Bergstein - CFO Conference Call Pa...
PPL Corporation reports second-quarter 2024 earnings
Announces 2024 second-quarter reported earnings (GAAP) per share of $0.26. Achieves 2024 second-quarter ongoing earnings per share of $0.38 vs.
PPL Corporation to Conduct Webcast on Second-Quarter 2024 Earnings Results
ALLENTOWN, Pa. , July 16, 2024 /PRNewswire/ -- PPL Corporation (NYSE:PPL) will release consolidated second-quarter 2024 earnings results on Friday, August 2.
Pembina Series 5 And Series 7 Preferreds: High-Yield And Meaningful Upside At Low Risk
Pembina's fixed dividend preferred shares, Series 5 and Series 7 present unique opportunities for investors to lock in high yields for the next 5 years. As monetary easing in the US and Canada approac...
PPL and subsidiaries LG&E and KU expand collaboration with U.S. Department of Energy initiative to conduct nuclear feasibility study
Research, funded by a DOE grant, will build on initial study to further assess feasibility for new nuclear at company sites should technology become commercially viable LOUISVILLE, Ky. , June 26, 2024...
PPL Corporation: Slow Growth But A Secure Dividend
PPL Corporation has underperformed the market, with shares rising only 4% over the past year, given slow growth and higher rates. Q1 earnings showed growth in adjusted EPS, and operating results were ...
Canadian Preferred Shares To Buy Before The Expected Bank of Canada Rate Cuts Trigger FOMO
Preferred shares of Enbridge and other select Canadian utilities and infrastructure companies are expected to perform strongly over the next 6 to 12 months. The Bank of Canada will likely cut interest...
PPL to Pay Quarterly Stock Dividend July 1, 2024
ALLENTOWN, Pa. , May 15, 2024 /PRNewswire/ -- PPL Corporation (NYSE: PPL) declared a quarterly common stock dividend on Wednesday, May 15, 2024, of $0.2575 per share, payable July 1, 2024, to shareown...
Rhode Island Energy and its UWUA-BUW locals reach agreement on new five-year contracts
PROVIDENCE, R.I. , May 10, 2024 /PRNewswire/ -- Rhode Island Energy, a subsidiary of PPL Corporation (NYSE: PPL), has announced it reached an agreement on new five-year contracts with the Utility Work...
Wall Street's Most Accurate Analysts Say Buy These 3 Utilities Stocks With Over 3% Dividend Yields - CMS Energy (NYSE:CMS), PPL (NYSE:PPL)
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
PPL Corporation (PPL) Q1 2024 Earnings Call Transcript
PPL Corporation (NYSE:PPL) Q1 2024 Earnings Conference Call May 1, 2024 11:00 AM ET Company Participants Andy Ludwig – Vice President, Investor Relations Vince Sorgi – President and Chief Executive O...
PPL Corporation reports first-quarter 2024 earnings
Announces 2024 first-quarter reported earnings (GAAP) per share of $0.42. Achieves 2024 first-quarter ongoing earnings per share of $0.54 vs.
2023 Sustainability Report highlights PPL's utility of the future strategy
Report details 2023 performance results; company's commitment to deliver safe, reliable, affordable and sustainable energy to customers and long-term value for shareowners. ALLENTOWN, Pa.
PPL Corporation to Conduct Webcast on First-Quarter 2024 Earnings Results
ALLENTOWN, Pa. , April 17, 2024 /PRNewswire/ -- PPL Corporation (NYSE:PPL) will release consolidated first-quarter 2024 earnings results on Wednesday, May 1.
PPL Corporation: A Bright Outlook And Good Entry Point, Buy
PPL Corporation has underperformed the S&P 500 by 27.43% in the past year, but I am bullish on the stock in the long term. The company has a robust regulatory structure and diverse utility operations,...