PPL Corporation (PPL)

NYSE: PPL · Real-Time Price · USD
32.43
+0.41 (1.28%)
Dec 20, 2024, 4:00 PM EST - Market closed
1.28%
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]

Sector Utilities
Founded 1920
Employees 9,753
Stock Exchange NYSE
Ticker Symbol PPL
Full Company Profile

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 Statements

Analyst 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.

Price Target
$35.58
(9.71% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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10 days ago - Kiplinger

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...

4 weeks ago - PRNewsWire

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...

7 weeks ago - Seeking Alpha

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.

7 weeks ago - PRNewsWire

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, ...

2 months ago - PRNewsWire

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...

Other symbols: AESCEGDTENIXLU
2 months ago - Yahoo Finance

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.

2 months ago - PRNewsWire

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.

Other symbols: NI
3 months ago - Benzinga

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 ...

3 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

5 months ago - Seeking Alpha

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.

5 months ago - PRNewsWire

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.

5 months ago - PRNewsWire

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...

5 months ago - Seeking Alpha

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...

6 months ago - PRNewsWire

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 ...

6 months ago - Seeking Alpha

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...

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7 months ago - Seeking Alpha

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...

7 months ago - PRNewsWire

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...

8 months ago - PRNewsWire

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...

Other symbols: CMSSRE
8 months ago - Benzinga

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...

8 months ago - Seeking Alpha

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.

8 months ago - PRNewsWire

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.

8 months ago - PRNewsWire

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.

8 months ago - PRNewsWire

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,...

9 months ago - Seeking Alpha