30.69 0.00 (0.00%)
After hours: 5:13PM EST
|Bid||30.51 x 1100|
|Ask||31.09 x 1000|
|Day's Range||30.51 - 31.00|
|52 Week Range||25.30 - 34.24|
|Beta (3Y Monthly)||0.32|
|PE Ratio (TTM)||14.42|
|Earnings Date||Feb 20, 2019 - Feb 25, 2019|
|Forward Dividend & Yield||1.64 (5.28%)|
|1y Target Est||31.62|
In September 2018, PPL Corporation (NYSE:PPL) released its earnings update. Generally, it seems that analyst forecasts are fairly optimistic, as a 19% increase in profits is expected in the upcoming Read More...
We can judge whether PPL Corporation (NYSE:PPL) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ideas. There’s no better way to get these firms’ immense resources and analytical capabilities working for us than to follow their lead into their best ideas. […]
Just when a glimmer of hope started to shine, the market found a way of pulling the rug out from unsuspecting investors. Advanced Micro Devices (NASDAQ:AMD) set the pace, losing 8.6%, though Nvidia (NASDAQ:NVDA) wasn’t far behind with a loss of 6.8%. Marijuana stock Cronos Group (NASDAQ:CRON) jumped 21.7% on news that cigarette giant Altria Group (NYSE:MO) was acquiring a major stake in the Canadian company.
Pennsylvania-based PPL (PPL) stock is currently trading at a dividend yield of 5.4%, the highest among S&P 500 utilities. This yield represents more than a 200-basis-point premium to the average utility yield.
Slow and stable utility stocks have outperformed broader markets so far this year. Including dividends, utilities at large have returned almost 7%, while the S&P 500 has returned 2% year-to-date. Investors tend to take shelter in defensive stocks such as utilities amid market unrest due to their steady stock movements and relatively high dividend yields.
Investing.com - Pacific Gas & Electric soared Tuesday, lifting utilities higher, as investors continued to digest reports of new legislation that could shore up the company's balance sheet, easing fears of bankruptcy.
Analysts’ median target price for PPL (PPL) stock is $31.46, implying a 12-month upside of 2.7% based on its current market price of $30.64. Of the 15 Reuters-surveyed analysts tracking PPL stock, eight recommend “hold,” two recommend “strong buy,” four recommend “buy,” and one recommends “sell.” The chart below shows how analysts’ views on PPL stock have changed over the last few months.
According to its latest 13F filing, The Vanguard Group, the biggest institutional investor in PPL (PPL), marginally trimmed its stake in the utility from 7.8% in the second quarter to 7.5% in the third quarter, offloading 0.5 million net PPL shares. In the second quarter, Vanguard added more than 3 million PPL shares.
PPL (PPL) stock is trading at a forward PE multiple of 12.6x based on its 2019 earnings, notably lower than peers and its five-year historical valuation of ~14.0x. PPL stock has been weak and has fallen more than 15% over the last year. In comparison, utilities have fallen 3% overall.
PPL (PPL) stock has been more volatile recently, largely because of Brexit-related exchange rate movements. PPL, which generates more than 60.0% of its revenue from the United Kingdom, has seen its stock fall more than 5% in the last five trading sessions. PPL is currently trading at $30.64, marginally above its 50-day moving average and 6% above its 200-day moving average.
Southern Company (SO) stock has an estimated downside of more than 1.0% from its current level of $46.66. Wall Street analysts have given Southern Company a median target price of $46.17. Barclays raised Southern Company’s target price from $48.0 to $49.0 on November 19.
Southern Company (SO) stock is trading at a forward PE multiple of 15x based on the estimated EPS for the next year. Southern Company’s forward PE multiple is lower than its peers’ average forward PE multiple of 18x. Southern Company’s five-year historical average PE multiple is also higher than its forward PE multiple. Southern Company stock appears to be trading at a discount compared to its historical valuation and its peers.
We’re looking at how institutional investors played the top utilities during the third quarter. According to the latest 13F filing, The Vanguard Group reduced its stake in PPL Corporation (PPL) from 7.8% in the second quarter to 7.5% in Q3 2018. It sold net 500,000 shares of PPL during the third quarter and held 53.9 million shares as of September 30. In the second quarter, The Vanguard Group added more than 3 million shares of PPL.
Over the past 10 years PPL Corporation (NYSE:PPL) has been paying dividends to shareholders. The company is currently worth US$23b, and now yields roughly 5.1%. Does PPL tick all the Read More...
ALLENTOWN, Pa. , Nov. 16, 2018 /PRNewswire/ -- PPL Corporation (NYSE: PPL) declared a quarterly common stock dividend on Friday, Nov. 16 , of $0.41 per share, payable Jan. 2, 2019 , to shareowners of record ...
General Electric (GE) and Baker Hughes, a GE company, sign a series of agreements to amend their existing commercial and technological relationships. General Electric also seals a deal with PPL Corporation.
The S&P 500 closed at 2722.18 yesterday, down 0.15%, led lower by Amarin Corporation (NASDAQ:AMRN) and Apple (NASDAQ:AAPL). Rather, it’s stock charts of HollyFrontier (NYSE:HFC), PPL (NYSE:PPL) and Home Depot (NYSE:HD) that hold the most promise, as they’ve all formed some familiar setups. It has probably got more to do with the brewing weakness with the whole energy sector than with HollyFrontier in particular.
ALLENTOWN, Pa., Nov. 13, 2018 /PRNewswire/ -- PPL Electric Utilities and GE Power Digital announced a joint initiative to develop and test software to manage and control electricity from renewable and stored energy sources. The initiative will enable both companies to learn more about the impact of this type of power — called Distributed Energy Resources (DER) — on grid management and accelerate the advancement of technology to support it. DERs are local electricity generation, storage and other energy resources typically connected to the grid at the distribution level.
ALLENTOWN, Pa. , Nov. 8, 2018 /PRNewswire/ -- PPL Corporation (NYSE: PPL) Chairman, President and Chief Executive Officer William H. Spence will present to investors and financial analysts at the 2018 ...
ALLENTOWN, Pa., Nov. 7, 2018 /PRNewswire/ -- With great sadness, PPL Corporation (PPL) announced today that Robert A. Symons, chief executive of PPL's Western Power Distribution subsidiary, passed away due to illness on Wednesday, Nov. 7. PPL has implemented the company's succession plan and named Philip Swift, previously WPD's operations director, as chief executive of WPD. "We are deeply saddened by Robert's passing and extend our deepest sympathies to Robert's family, friends and co-workers at WPD," PPL Chairman, President and Chief Executive Officer William H. Spence said.
NEW YORK, Nov. 07, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Reliable dividend checks and low prices; this shorthand metric suggests these three utility stocks are good investment options today.