PPL Corporation (PPL)

NYSE: PPL · IEX Real-Time Price · USD
27.11
-0.39 (-1.42%)
Sep 27, 2022 4:00 PM EDT - Market closed
-1.42%
Market Cap 19.96B
Revenue (ttm) 6.48B
Net Income (ttm) 733.00M
Shares Out 736.19M
EPS (ttm) 0.99
PE Ratio 27.38
Forward PE 17.79
Dividend $1.07 (3.93%)
Ex-Dividend Date Sep 8, 2022
Volume 3,512,995
Open 27.63
Previous Close 27.50
Day's Range 26.89 - 27.79
52-Week Range 24.98 - 30.99
Beta 0.76
Analysts Buy
Price Target 32.19 (+18.7%)
Earnings Date Nov 2, 2022

About PPL

PPL Corporation, a utility holding company, delivers electricity and natural gas in the United States and the United Kingdom. The company operates through two segments: Kentucky Regulated and Pennsylvania Regulated. It serves approximately 429,000 electric and 333,000 natural gas customers in Louisville and adjacent areas in Kentucky; 538,000 electric customers in central, southeastern, and western Kentucky; and 28,000 electric customers in five counties in southwestern Virginia. The company also provides electric services to approximately 1.4 ... [Read more...]

Industry Electric Utilities
Founded 1920
CEO Vincent Sorgi
Employees 5,607
Stock Exchange NYSE
Ticker Symbol PPL
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for PPL stock is "Buy." The 12-month stock price forecast is 32.19, which is an increase of 18.74% from the latest price.

Price Target
$32.19
(18.74% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Why PPL Stock Is a Good Choice for Your Portfolio Right Now

PPL is a lucrative stock to invest, given the positive estimates movement, efficient debt management and significant capital expenditure to strengthen infrastructure.

1 day ago - Zacks Investment Research

Why Is PPL (PPL) Up 2.4% Since Last Earnings Report?

PPL (PPL) reported earnings 30 days ago. What's next for the stock?

3 weeks ago - Zacks Investment Research

PPL to Pay Quarterly Stock Dividend Oct. 3, 2022

ALLENTOWN, Pa. , Aug. 26, 2022 /PRNewswire/ -- PPL Corporation (NYSE: PPL) declared a quarterly common stock dividend on Friday, Aug. 26, of $0.2250 per share, payable Oct. 3, 2022, to shareowners of re...

1 month ago - PRNewsWire

PPL Electric Utilities Earns 2022 POWER Magazine Smart Grid Award

Pennsylvania utility earns accolade for innovation in electric grid operation ALLENTOWN, Pa. , Aug. 24, 2022 /PRNewswire/ -- PPL Electric Utilities is proud to announce it has been named POWER Magazine'...

1 month ago - PRNewsWire

4 High-Yield Stocks for Dividend Investors

PPL Corp, Duke Energy Corp, Novartis AG and Carlyle Group Inc. are topping the U.S. market average in terms of dividend yields.

Other symbols: DUKNVSCG
1 month ago - GuruFocus

PPL Q2 Earnings and Revenues Outperform Estimates, Rise Y/Y

PPL's second-quarter earnings beat estimates. PPL benefits from the improved results of the Kentucky and Pennsylvania Regulated segments.

1 month ago - Zacks Investment Research

PPL (PPL) Q2 Earnings and Revenues Beat Estimates

PPL (PPL) delivered earnings and revenue surprises of 3.45% and 18.45%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

PPL Corporation Reports Second-Quarter 2022 Earnings

Announces 2022 second-quarter reported earnings (GAAP) of $0.16 per share. Achieves 2022 second-quarter ongoing earnings per share of $0.30 vs.

1 month ago - PRNewsWire

PPL Readies to Report Q2 Earnings: What's in the Offing?

PPL's second-quarter results are likely to benefit from higher transmission demand and a reduction in the debt balance, partly offset by an increase in operating expenses.

1 month ago - Zacks Investment Research

PPL (PPL) Reports Next Week: Wall Street Expects Earnings Growth

PPL (PPL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

Cresset Capital's Ablin likes these dividend paying investments, and here's why

Jack Ablin, Cresset Capital CIO and founding partner, joins 'Power Lunch' to discuss how to use discretion when considering dividend paying stocks, which companies have dividends that are unsustainable ...

Other symbols: CMECVXDIVFT
2 months ago - CNBC Television

PPL Corporation to conduct webcast on Second-Quarter 2022 Earnings Results

ALLENTOWN, Pa. , July 20, 2022 /PRNewswire/ -- PPL Corporation (NYSE: PPL) will release consolidated second-quarter 2022 earnings results on Wednesday, Aug. 3.

2 months ago - PRNewsWire

These 10 stocks from a sector that is a bear-market bulwark have upside potential of up to 30%

During times of uncertainty, it can help to look at what happened during other down cycles for stocks.

2 months ago - Market Watch

PPL Electric Utilities honored twice by nationally recognized utility industry organization

Southeastern Electric Exchange (S.E.E.) recognizes PPL Electric with Industry Excellence Awards for safety and supply chain innovations ALLENTOWN, Pa.

2 months ago - PRNewsWire

PPL Rewards Shareholders via Dividend Hike, Updates Guidelines

PPL modifies its investment and growth plans to offer top-tier profitability and a clean energy future while keeping rates low. It also increases dividends by 12.5% to reward shareholders.

3 months ago - Zacks Investment Research

Utility PPL raises quarterly dividend to 22.50 cents a share from 20 cents previously

PPL Corp. PPL, -1.18% said Thursday it's raising its quarterly dividend to 22.50 cents a share from 20 cents a share previously, in a statement released ahead of a virtual investor day. The new dividend...

3 months ago - Market Watch

PPL management outlines financial targets and vision for new PPL: a premier U.S. regulated utility

Top-tier earnings and dividend growth to be fueled by $27 billion of investment opportunities through 2030, superior operating expertise and one of the strongest balance sheets in the U.S. utility secto...

3 months ago - PRNewsWire

Moody's upgrades PPL credit rating following company's strategic repositioning and acquisition of The Narragansett El...

Moody's cites improved overall business risk profile of PPL's U.S.-focused regulated portfolio ALLENTOWN, Pa. , June 7, 2022 /PRNewswire/ -- Moody's Investors Service on Monday upgraded the investment-g...

3 months ago - PRNewsWire

PPL joins EPRI Climate READi initiative to address power system resilience and adaptation

Collaborative effort is focused on strengthening grid resilience against potential climate and weather impacts ALLENTOWN, Pa. , June 1, 2022 /PRNewswire/ -- PPL Corporation (NYSE: PPL) today announced i...

3 months ago - PRNewsWire

PPL Buys Narragansett Electric, Expands Renewable Operation

PPL is likely to benefit from its domestic focus and the expansion of its clean power generation via the acquisition of Narragansett Electric from National Grid.

4 months ago - Zacks Investment Research

PPL Corporation to Host Virtual Investor Day on June 9

ALLENTOWN, Pa. , May 25, 2022 /PRNewswire/ -- PPL Corporation (NYSE: PPL) will host a virtual Investor Day on June 9 beginning at 10 a.m.

4 months ago - PRNewsWire

PPL Corporation completes acquisition of Rhode Island's primary electric and natural gas utility

Acquisition of The Narragansett Electric Company completes PPL's strategic repositioning as U.S.-focused energy company poised to deliver significant value for customers and shareowners. The Narraganset...

4 months ago - PRNewsWire

Rhode Island Superior Court clears the way for PPL's acquisition of Narragansett Electric following PPL settlement ag...

Agreement further demonstrates PPL's commitment to Rhode Island customers and enables PPL to close promptly on the transaction ALLENTOWN, Pa. , May 23, 2022 /PRNewswire/ -- The Rhode Island Superior Cou...

4 months ago - PRNewsWire

PPL Corporation Holds 2022 Annual Meeting of Shareowners

ALLENTOWN, Pa. , May 18, 2022 /PRNewswire/ -- PPL Corporation (NYSE:PPL) has strategically repositioned itself for long-term growth and success, is eager to showcase its strengths following a year of tr...

4 months ago - PRNewsWire

PPL (PPL) Q1 Earnings and Revenues Top Estimates

PPL (PPL) delivered earnings and revenue surprises of 2.50% and 11.48%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research