|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||27.08 - 27.60|
|52 Week Range||27.08 - 40.20|
|PE Ratio (TTM)||16.54|
|Earnings Date||May 2, 2018 - May 7, 2018|
|Forward Dividend & Yield||1.64 (6.00%)|
|1y Target Est||32.67|
Pennsylvania-based PPL Corporation (PPL) stock has fallen more than 20% in the last three months. Its dividend yield consequently rose significantly. Although PPL is trading at a superior dividend yield compared to its peers, its dividend growth rate in the last few years was on the lower side.
There was some weakness in broader markets throughout last week due to fears of a trade war. At the same time, the defensives (utilities) steadily rose and gained approximately 2% last week (the week ended on March 16, 2018). The Fed’s aggressive stance about interest rate hikes has strongly weighed on them recently.
The stock has lost more than 10% in the last ten trading sessions. Broader utilities (XLU) (IDU) have also been on a downward streak for the last few months after the Fed’s interest rate hike in December 2017. The large discount from PPL’s support levels highlights the weakness in PPL stock. PPL’s 50-day moving average level around $30.6 is expected to act as a resistance for the stock in the near term.
ALLENTOWN, Pa. , March 7, 2018 /PRNewswire/ -- U.K. utility regulator Ofgem today issued its consultation document on the RIIO-2 framework for regulating energy network companies once the current price ...
PPL Corporation (PPL) gains from strong performance of its domestic operations, but lower sales volumes impact its U.K. regulated operations.
PPL Corporation's (PPL) earnings in fourth quarter were better than expectation, thanks to strong to strong contribution from its domestic operations.
- Delivers reported earnings of $1.64 per share, reflecting the impact of U.S. tax reform. - Achieves high end of 2017 earnings from ongoing operations forecast range, or $2.25 per share. - Announces 2018 ...
NEW YORK, NY / ACCESSWIRE / February 22, 2018 / PPL Corporation (NYSE: PPL ) will be discussing their earnings results in their Q4 Earnings Call to be held on February 22, 2018 at 8:30 AM Eastern Time. ...