During the recent session, PPL Corp (NYSE:PPL)’s traded shares were 1.54 million, with the beta value of the company hitting 0.67. At the last check today, the stock’s price was $33.84, reflecting an intraday gain of 0.74% or $0.25. The 52-week high for the PPL share is $36.70, that puts it down -8.45 from that peak though still a striking 19.5% gain since the share price plummeted to a 52-week low of $27.24. The company’s market capitalization is $25.02B, and the average trade volume was 5.58 million shares over the past three months.
PPL Corp (PPL) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.81. PPL has a Sell rating from 0 analyst(s) out of 8 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 8 recommend a Buy rating for it.
PPL Corp (NYSE:PPL) trade information
PPL Corp (PPL) registered a 0.74% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 0.74% in intraday trading to $33.84, hitting a weekly high. The stock’s 5-day price performance is -1.57%, and it has moved by -3.01% in 30 days. Based on these gigs, the overall price performance for the year is 21.25%.
The consensus price target of analysts on Wall Street is $32, which implies a decrease of -5.75% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $28.5 and $39 respectively. As a result, PPL is trading at a discount of -15.25% off the target high and 15.78% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -12.75%. While earnings are projected to return 7.59% in 2025, the next five years will return 7.43% per annum.
PPL Dividends
PPL Corp is due to release its next quarterly earnings on 2025-Apr-30. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for PPL Corp is 1.06, with the dividend yield indicating at 3.13 percent, continuing the trend of increasing dividends in recent years.
PPL Corp (NYSE:PPL)’s Major holders
PPL Corp insiders own 0.11% of total outstanding shares while institutional holders control 81.98%, with the float percentage being 82.07%. VANGUARD GROUP INC is the largest shareholder of the company, while 1195.0 institutions own stock in it. As of 2024-06-30, the company held over 93.25 million shares (or 12.6395% of all shares), a total value of $2.58 billion in shares.
The next largest institutional holding, with 58.69 million shares, is of BLACKROCK INC.’s that is approximately 7.9557% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $1.62 billion.
