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ppl stock target price

by Thomas Bartell Published 3 years ago Updated 2 years ago
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PPL vs Utilities - Regulated Electric Stocks

Ticker Price Price Target Up/downside Consensus
PPL $28.79 $30.71 +6.68% Buy
CMS $69.18 $71.56 +3.43% Buy
FTS $49.16 $57.00 +15.95% Hold
AEE $92.68 $94.50 +1.96% Buy
Jul 27 2022

Stock Price Targets
High$34.00
Median$30.50
Low$28.00
Average$30.67
Current Price$28.79

Full Answer

Should I buy stock in PPL?

PPL Corp. (NYSE:PPL) reported Q1 EPS of $0.41, $0.02 better than the analyst estimate of $0.39. Revenue for the quarter came in at $1.78 billion versus the consensus estimate of $1.91 billion.

Why is PPL stock dropping?

PPL Corporation stock represents a compelling yield-oriented investment opportunity for longer-term shareholders today. The company's share price has dropped precipitously over the past month as markets have sold off relentlessly.

Is PPL stock a buy?

There are currently 7 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" PPL stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PPL, but not buy additional shares or sell existing shares.

How long has PPL paid dividends?

PPL has paid consecutive quarterly dividends since 1946 and raised its payout 17 times in the last 18 years. Management has committed to steady dividend growth but removed its previous long-term dividend growth rate guidance of 4% to an undetermined level. The change is due to management's desire to moderately lower PPL's payout ratio below 70% to a level more in line with peers, as well as perhaps some concerns about the evolving regulatory environment in the U.K. (more on that later).

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Is PPL a good Stock to Buy?

PPL Corp has a Quality Score of 84, which is Very Strong.

Will PPL stock go up?

Analyst Price Target on PPL Based on 10 Wall Street analysts offering 12 month price targets for PPL in the last 3 months. The average price target is $30.60 with a high forecast of $34.00 and a low forecast of $28.00. The average price target represents a 8.97% change from the last price of $28.08.

Why is PPL stock price dropping?

PPL Corp. (NYSE:PPL) -8.2% pre-market, potentially opening at a 52-week low, after missing estimates for Q4 earnings and revenues while also slashing its quarterly dividend by more than half to $0.20/share.

Is PPL a utility stock?

PPL Corporation is a durable electric & gas utility that serves Pennsylvania and Kentucky.

How many employees does Pennsylvania Power and Light have?

6,700PPL Corporation is an energy company headquartered in Allentown, Pennsylvania, United States....PPL Corporation.TypePublicKey peopleVincent Sorgi, President and Chief Executive OfficerRevenueUS$7.6 billion (Q4 2020)Net incomeUS$1.469 billion (Q4 2020)Number of employeesmore than 6,700 (2022)6 more rows

What sector is PPL?

UtilitiesKey DataLabelValueExchangeNYSESectorUtilitiesIndustryElectric Utilities: Central1 Year Target$30.0014 more rows

What does PPL company stand for?

PPL is born PPL, originally called Pennsylvania Power & Light, was formed on June 4, 1920, when eight utilities merged into one. The company, which had 62 power plants, became a model for the mergers and consolidations that occurred throughout the electric utility industry during the 1920s.

Where can I buy PPL stock?

Best 5 brokers for buying PPL shares. Charles Schwab is a US discount broker, regulated by top-tier US authorities the SEC and FINRA. The company is listed on the New York Stock Exchange and holds a banking license. Merrill Edge is a US based broker owned by Bank of America (BofA).

What is PPL's consensus rating and price target?

According to the issued ratings of 10 analysts in the last year, the consensus rating for PPL stock is Hold based on the current 6 hold ratings and...

Do Wall Street analysts like PPL more than its competitors?

Analysts like PPL stock more than the stock of other Utilities companies. The consensus rating score for PPL is 2.40 while the average consensus ra...

Do MarketBeat users like PPL more than its competitors?

MarketBeat users like PPL stock more than the stock of other Utilities companies. 62.36% of MarketBeat users gave PPL an outperform vote while util...

Is PPL being upgraded or downgraded by Wall Street analysts?

Over the previous 90 days, PPL's stock had 1 upgrade and 1 downgrade by analysts.

Does PPL's stock price have much upside?

According to analysts, PPL's stock has a predicted upside of 17.30% based on their 12-month price targets.

What analysts cover PPL?

PPL has been rated by Argus , Credit Suisse Group , Morgan Stanley , The Goldman Sachs Group , Wells Fargo & Company , and Wolfe Research in...

What is Pembina Pipeline's consensus rating and price target?

According to the issued ratings of 16 analysts in the last year, the consensus rating for Pembina Pipeline stock is Buy based on the current 6 hold...

Do Wall Street analysts like Pembina Pipeline more than its competitors?

Analysts like Pembina Pipeline stock more than the stock of other Energy companies. The consensus rating score for Pembina Pipeline is 2.63 while t...

Do MarketBeat users like Pembina Pipeline more than its competitors?

MarketBeat users like Pembina Pipeline stock less than the stock of other Energy companies. 64.42% of MarketBeat users gave Pembina Pipeline an out...

Does Pembina Pipeline's stock price have much upside?

According to analysts, Pembina Pipeline's stock has a predicted upside of 8.59% based on their 12-month price targets.

What analysts cover Pembina Pipeline?

Pembina Pipeline has been rated by ATB Capital , BMO Capital Markets , CIBC , Credit Suisse Group , CSFB , JPMorgan Chase & Co. , National B...

How does MarketBeat calculate stock ratings?

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

What does the blue line on the chart below mean?

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

What is PPL electricity?

PPL is a regulated utility with three key subsidiaries. The international regulated delivery segment operates distribution networks providing electricity service to customers in the United Kingdom. The Pennsylvania regulated delivery and transmission segment provides distribution to customers in central and eastern Pennsylvania. LG&E and KU are involved in regulated electricity generation, transmission, and distribution in Kentucky.

Is growth stock outperforming value?

Growth stocks may be outperforming value, again, in 2020. But in an environment of historically low interest rates (and with the coronavirus and economic shutdown seemingly poised to keep them low for a long time), many investors are still searching for high levels of income, which can often be found in value stocks. Progress on COVID-19 vaccines has given a lift to some of the cyclical companies (energy companies and regional banks) that have lagged in recent quarters, and value stocks have kept up the pace with growth stocks in the past quarter. The current yield on the iShares Russell 1000 Value Index ETF is 2.5%, compared to the 1.0% current yield on the iShares Russell 1000 Growth Index ETF. This is not unimportant, as the current yield on the 10-year Treasury bond is 0.95%.

Who is the CEO of PPL?

Participating on our call this morning are Vince Sorgi, PPL president and CEO; Joe Bergstein, chief financial officer; and Greg Dudkin, chief operating officer. Thank you, Andy, and good morning, everyone.

When will Salient Midstream pay dividends?

Salient Midstream & MLP Fund (the "Fund") (NYSE: SMM) today announced a dividend of $0.07 per share for the fourth quarter ending November 30, 2021. This distribution is payable to common stockholders on November 29, 2021.

Is PPL a wholly owned subsidiary?

PPL Capital Funding, Inc. ("PPL Capital Funding"), a wholly-owned subsidiary of PPL Corporation (NYSE: PPL), today announced that it has extended the Early Tender Date, the Withdrawal Deadline and the Expiration Date for its previously announced tender offers (collectively, the "Tender Offers" and each a "Tender Offer") to purchase for cash (1) any and all of its outstanding 4.200% Senior Notes due 2022, 3.500% Senior Notes due 2022, 3.400% Senior Notes due 2023 and 3.950% Senior Notes due 2024

Is PPL Corp.'s Q3 earnings lower than expected?

PPL Corp.'s (PPL) Q3 earnings are lower than expected. The company is on course to complete the acquisition of Narragansett Electric by first-quarter 2022.

PPL Corp Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. PPL Corp target price is determined by taking all analyst projections and averaging them out.

PPL Corp Target Price Projection

PPL Corp's current and average target prices are 25.94 and 31.33, respectively. The current price of PPL Corp is the price at which PPL Corp is currently trading. On the other hand, PPL Corp's target price is what analysts think the stock is worth or could sell for in the future.

PPL Corp Analyst Ratings

PPL Corp's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about PPL Corp stock, and they use a lot of effort and time to analyze it and arrive at a rating.

About PPL Corp Target Price Projections

PPL Corp's target price is an analyst's projection of its future price. Price targets can be assigned to all types of securities, from complex investment products to stocks such as PPL Corp and even bonds. If the target price is unavailable, it is most likely because there were not enough analyst opinions to come up with a consensus estimate.

Additional PPL Corp Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of PPL Corp is a key component of PPL Corp valuation and have some predictive power on the future returns of a PPL Corp.

Additional PPL Corp Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of PPL Corp is a key component of PPL Corp valuation and have some predictive power on the future returns of a PPL Corp.

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PPL earnings per share forecast

What is PPL 's earnings per share in the next 3 years based on estimates from 3 analyst s?

PPL revenue forecast

What is PPL 's revenue in the next 3 years based on estimates from 2 analyst s?

PPL revenue growth forecast

How is PPL forecast to perform vs Utilities - Regulated Electric companies and vs the US market?

When will PPL pay dividends?

PPL last paid dividends on 12/09/2021. The next scheduled payment will be on 01/03/2022. The amount of dividends is $1.66 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Where is PPL located?

PPL Corporation is an energy company headquartered in Allentown, Pennsylvania, USA. It currently controls about 8,000 megawatts of regulated electrical power in the United States and supplies electricity to 10.5 million consumers in Pennsylvania, Kentucky and the United Kingdom.

What is the final quote of the instrument at the close of the previous trading day?

The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for PPL shares. This happens once a day.

How to calculate market capitalization?

It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.

What is split share?

Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

What is trailing P/E?

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

What is dividend yield?

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

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