|Bid||26.9400 x 3000|
|Ask||26.9500 x 800|
|Day's Range||26.6700 - 27.0150|
|52 Week Range||26.6200 - 29.7100|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 7, 2018|
|Forward Dividend & Yield||1.64 (5.90%)|
|1y Target Est||32.17|
Let’s take a look at how institutional investors played out their holdings in PPL Corporation (PPL) in the first quarter. According to a recent 13F filing, the Vanguard Group held 7.4%, or 51.4 million of PPL’s total outstanding shares, at the end of the first quarter. BlackRock Institutional Trust added net 7.6 million shares of PPL in the first quarter, which took its total stake to 6.8%.
ALLENTOWN, Pa. , May 16, 2018 /PRNewswire/ -- PPL Corporation (NYSE: PPL) declared a quarterly common stock dividend on Wednesday, May 16 of $0.41 per share, payable July 2, 2018 , to shareowners of record ...
Pennsylvania-based PPL Corporation (PPL) has a mean price target of $32.2 compared to its current market price of $27.7. Peer Xcel Energy (XEL) has an estimated upside potential of more than 6% for the next year. Analysts have given it a mean price target of $47.83 against its current market price of $45.0.
ALLENTOWN, Pa., May 16, 2018 /PRNewswire/ -- PPL Corporation (PPL) is focused on delivering best-in-sector operational performance, investing responsibly in a sustainable energy future, maintaining a strong financial foundation, and engaging and developing its people, PPL Chairman, President and Chief Executive Officer William H. Spence announced today at PPL's annual meeting in Allentown, Pa. In his address to shareowners, Spence highlighted the company's progress in pursuit of this strategy in 2017, discussed the company's stock price performance, reaffirmed PPL's commitment to sustainable growth, and praised the company's 12,000 employees for their dedication to customers, shareowners and their local communities. In Pennsylvania, PPL Electric Utilities recorded its best year ever for safety and reliability, Spence said.
The utilities sector, one of the most sensitive sectors to interest rate hikes, has been subdued this year. The Utilities Select Sector SPDR ETF (XLU), which tracks the S&P 500 Utilities Index, has fallen more than 4% year-to-date, while the S&P 500 has risen 3%. Strength in Treasury yields and faster-than-expected interest rate hikes have weighed on utilities this year.
Dividend stocks such as WEC Energy Group and PPL can help diversify the constant stream of cash flows from your portfolio. Dividends play a key role in compounding returns overRead More...
US utility stocks slipped 0.8% on May 15 after ten-year Treasury yields peaked at 3.1%—a seven-year high. Broader markets also corrected 0.7% during the day. A strong increase in US retail sales in April highlighted more economic growth in the country.
Stock Research Monitor: GXP, NYLD, and OGE LONDON, UK / ACCESSWIRE / May 16, 2018 / If you want a free Stock Review on PPL sign up now at www.wallstequities.com/registration . On Tuesday, benchmark US ...
US utility stocks tumbled 2.5% on May 8 after Jamie Dimon, CEO of JPMorgan Chase, predicted that benchmark interest rates could reach 4% during an interview with Bloomberg. Utility stocks and Treasury yields generally trade inversely to each other. Utilities are already trading weak this year due to the strength in Treasury yields and a faster-than-expected interest rate hike pace from the Fed.
ALLENTOWN, Pa., May 8, 2018 /PRNewswire/ -- PPL Corporation (PPL) announced today the pricing of a registered underwritten offering of 55 million shares of its common stock at a price per share of $27.00 in connection with the forward sale agreements described below. J.P. Morgan, Barclays and Citigroup are acting as joint book-running managers for this offering. In connection with the offering, PPL entered into forward sale agreements with affiliates of each of J.P. Morgan and Barclays (the "forward counterparties") under which PPL agreed to issue and sell to the forward counterparties 55 million shares of its common stock at an initial forward sale price per share equal to the price per share at which the underwriters agreed to purchase the shares in the offering, subject to certain adjustments, upon physical settlement of the forward sale agreements.
ALLENTOWN, Pa., May 8, 2018 /PRNewswire/ -- PPL Corporation (PPL) announced today that it has commenced a registered underwritten offering of 55 million shares of its common stock. Subject to certain conditions, all shares are expected to be offered in connection with the forward sale agreements described below. J.P. Morgan, Barclays and Citigroup are acting as joint book-running managers for this offering.
According to analysts’ consensus estimate, PPL Corporation (PPL) stock offers an attractive potential upside of 13% over the next year, and its mean target price is $32.33. Currently, PPL stock is trading at $28.65.
Currently, PPL Corporation (PPL) is trading at a PE (price-to-earnings) multiple of 13.5x compared to its five-year historical average PE of near 14x. Based on its PE, PPL appears to be trading at a discount compared to its historical valuation.
Favorable weather in 1Q18 significantly boosted the top lines of many of the utilities that have reported their earnings so far. PPL Corporation (PPL) started 2018 off with a notable surge in its earnings, reporting 19% growth YoY (year-over-year).
This earnings season seems to be going very well for utility companies and their investors. Many utilities that have reported so far have posted notable earnings rises in 1Q18 compared to the comparable period last year.
PPL Corp. (PPL) surpasses first-quarter earnings and revenue estimates as domestic contribution offsets the lower foreign performance.
PPL Corporation's (PPL) earnings in first quarter were better than expectation, thanks to strong to strong contribution from its domestic operations.
On a per-share basis, the Allentown, Pennsylvania-based company said it had profit of 65 cents. Earnings, adjusted for non-recurring costs, came to 74 cents per share. The results beat Wall Street expectations. ...
- Announces strong first-quarter reported earnings of $0.65 per share and earnings from ongoing operations of $0.74 per share. - Reaffirms 2018 earnings from ongoing operations forecast range of $2.20 ...
According to Wall Street analysts’ consensus, PPL (PPL) stock offers an attractive potential upside of more than 13% in a year with a mean target price of $32.3. Currently, PPL stock is trading at $28.5.
On April 24, PPL (PPL) stock was trading at par to its 50-day moving average and 16% below its 200-day moving average level. The significant discount to this level highlights the weakness in PPL stock. If PPL crosses above its 50-day moving average of $28.4 and continues to trade above this level, there could be some strength in the stock.
United Kingdom regulator sees no need for review of RIIO-ED1 following consultation ALLENTOWN, Pa. , April 30, 2018 /PRNewswire/ -- PPL Corporation announced today that it is supportive of U.K. utility ...