PPL Corporation (PPL)
- Previous Close
26.62 - Open
26.76 - Bid --
- Ask --
- Day's Range
26.68 - 26.98 - 52 Week Range
22.20 - 29.04 - Volume
1,082,254 - Avg. Volume
4,968,275 - Market Cap (intraday)
19.845B - Beta (5Y Monthly) 0.83
- PE Ratio (TTM)
26.90 - EPS (TTM)
1.00 - Earnings Date May 1, 2024
- Forward Dividend & Yield 1.03 (3.87%)
- Ex-Dividend Date Mar 7, 2024
- 1y Target Est
29.42
PPL Corporation, an energy company, focuses on providing electricity and natural gas to approximately 3.6 million customers in the United States. It operates through three segments: Kentucky Regulated, Pennsylvania Regulated, and Rhode Island Regulated. The company delivers electricity to customers in Pennsylvania, Kentucky, Virginia, and Rhode Island; delivers natural gas to customers in Kentucky and Rhode Island; and generates electricity from power plants in Kentucky. PPL Corporation was founded in 1920 and is headquartered in Allentown, Pennsylvania.
www.pplweb.com6,629
Full Time Employees
December 31
Fiscal Year Ends
Sector
Utilities - Regulated Electric
Industry
Recent News: PPL
Performance Overview: PPL
Trailing total returns as of 4/19/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: PPL
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Statistics: PPL
Valuation Measures
Market Cap
19.64B
Enterprise Value
34.91B
Trailing P/E
26.62
Forward P/E
15.65
PEG Ratio (5yr expected)
1.50
Price/Sales (ttm)
2.36
Price/Book (mrq)
1.41
Enterprise Value/Revenue
4.20
Enterprise Value/EBITDA
11.94
Financial Highlights
Profitability and Income Statement
Profit Margin
8.90%
Return on Assets (ttm)
2.92%
Return on Equity (ttm)
5.31%
Revenue (ttm)
8.31B
Net Income Avi to Common (ttm)
739M
Diluted EPS (ttm)
1.00
Balance Sheet and Cash Flow
Total Cash (mrq)
331M
Total Debt/Equity (mrq)
113.11%
Levered Free Cash Flow (ttm)
-570.63M
Research Analysis: PPL
Analyst Price Targets
Fair Value
Analyst Recommendations
- Strong Buy
- Buy
- Hold
- Underperform
- Sell
Earnings
Research Reports: PPL
Analyst Report: PPL Corporation
PPL is a holding company of regulated utilities in Pennsylvania, Kentucky, and Rhode Island. The Pennsylvania regulated delivery and transmission segment distributes electricity to customers in central and eastern Pennsylvania. LG&E and KU are involved in regulated electricity generation, transmission, and distribution in Kentucky. The Kentucky utilities also serve gas customers. Rhode Island Energy operates electric and gas utilities in Rhode Island.
RatingBullishPrice TargetAnalyst Report: PPL Corp
PPL Corp., based in Allentown, Pennsylvania, has generation, transmission, distribution, and wholesale operations. Its utilities deliver electricity and natural gas on a regulated basis to customers in Pennsylvania, Kentucky, Rhode Island, and Virginia. The company also serves natural gas customers in Kentucky. The company has 3.5 million customers. In 2023, Kentucky regulated utilities accounted for 42% of total revenue while Pennsylvania regulated utilities accounted for 36%. PPL has regulated utility operations in Pennsylvania (PPL Electric, 1.4 million customers), Kentucky (KU and Louisville Gas and Electric, 1.3 million), Virginia (less than 0.1 million) and Rhode Island (Rhode Island Energy, previously called Narragansett Electric, 0.8 million). PPL has significant coal usage as a generating fuel. Management is targeting net-zero emissions by 2050, which is in line with utilities with coal plants.
RatingBullishPrice TargetMarket Digest: EBAY, IFF, PPL
Stocks rose Thursday, erasing earlier losses. Both the S&P 500 and the Nasdaq reached record highs. Fed Chair Powell said that he expects interest rates to come down this year. The European Central Bank left interest rates unchanged, as expected. The bank revised its inflation projections down for 2024, mainly as a result of energy prices, and expects to hit the target of 2% inflation by the end of 2025. The S&P 500 finished at 5157, the Nasdaq at 16,273, while the closed at 38,791. Crude oil traded just below $79 per barrel while gold was up $7 to $2166 per ounce.
Analyst Report: PPL Corporation
PPL is a holding company of regulated utilities in Pennsylvania, Kentucky, and Rhode Island. The Pennsylvania regulated delivery and transmission segment distributes electricity to customers in central and eastern Pennsylvania. LG&E and KU are involved in regulated electricity generation, transmission, and distribution in Kentucky. The Kentucky utilities also serve gas customers. Rhode Island Energy operates electric and gas utilities in Rhode Island.
RatingBullishPrice Target