|Bid||27.55 x 1800|
|Ask||27.56 x 800|
|Day's Range||27.30 - 27.63|
|52 Week Range||25.30 - 32.45|
|PE Ratio (TTM)||16.21|
|Earnings Date||Aug 7, 2018|
|Forward Dividend & Yield||1.64 (6.01%)|
|1y Target Est||31.96|
Utilities and electricity generators are far more eager to get away from coal than market outlooks seem to take into account.
Change comes slowly at Lloyd’s of London, the 332-year-old insurance market. Elsewhere at the Richard Rogers-designed Lloyd’s building in London’s Lime Street, tradition still holds fast. Insurance brokers queue up to sit on stools at the underwriters’ desks to discuss policies.
NEW YORK, June 12, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of PPL ...
LONDON, UK / ACCESSWIRE / June 6, 2018 / Active-Investors has a free review on PPL Corp. (NYSE: PPL) following the Company's announcement that it will begin trading ex-dividend on June 07, 2018. To capture the dividend payout, investors must purchase the stock a day prior to the ex-dividend date that is by latest at the end of the trading session on June 06, 2018. Active-Investors has initiated due-diligence on this dividend stock.
PPL Corporation (PPL) intends to invest nearly $15.41 billion during 2018-2022 time frame to fortify its existing operations and make strategic acquisitions to expand operations.
PPL Corporation (PPL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
ALLENTOWN, Pa., May 31, 2018 /PRNewswire/ -- PPL Corporation (PPL) announced today that it has acquired Safari Energy LLC, a leading provider of solar energy solutions for commercial customers in the U.S.
According to analysts’ consensus estimate, PPL Corporation (PPL) stock offers an attractive potential upside of more than 17% over the next year. Currently, PPL stock is trading at $27.40. Wall Street analysts have given it a mean price target of $81.90.
On May 23, PPL Corporation (PPL) stock had an implied volatility of 17%, which was close to its 15-day average. Increased implied volatility shows investor anxiety. Higher implied volatility is normally associated with a fall in the stock, and vice versa.
In this part of the series, we’ll see how institutional investors played out their holdings in PPL Corporation (PPL) in the first quarter. The largest institutional investor in PPL was the Vanguard Group, which held 7.4%, or 51.4 million, of PPL’s total outstanding shares at the end of the first quarter. It added net 1 million shares during the quarter.
PPL Corporation (PPL) is one of the top-yielding utilities in the S&P 500 Utilities Index. It’s currently trading at a dividend yield of 6%, while broader utilities’ (XLU) average yield is 4.2%. PPL has declared a quarterly dividend of $0.41 per share, which will be paid on July 2.
On May 23, PPL (PPL) was trading at a PE multiple of 13x compared to its five-year historical average of 14x. It recently traded at an enterprise-value-to-EBITDA multiple of 9.5x. Its five-year historical average is 11x. PPL is trading at a discounted valuation to its historical multiple.
PPL Corporation’s (PPL) better-than-expected first-quarter earnings weren’t able to boost its battered stock. It’s one of the lower performers among the S&P 500 utilities (XLU) so far this year. PPL stock has fallen 12%, while the broader utilities have fallen 5% year-to-date. PPL continues to look weak considering its moving averages.
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.