PPL Corporation (PPL) is a diversified utility holding company. Its strategic investments to expand PPL's clean energy generation capacity and construction of new generation, transmission and distribution projects are likely to boost the company's performance. Given its growth opportunities, PPL makes for a solid investment option in the utility sector. Let's look at the factors that are driving the stock. Growth Projections & Surprise History of PPL The Zacks Consensus Estimate for 2024 and 2025 earnings p ...

PPL (PPL) closed the most recent trading day at $32.75, moving -0.94% from the previous trading session. The stock's change was less than the S&P 500's daily loss of 0.17%. At the same time, the Dow lost 0.44%, and the tech-heavy Nasdaq lost 0.04%. Prior to today's trading, shares of the energy and utility holding company had gained 2.64% over the past month. This has lagged the Utilities sector's gain of 4.73% and outpaced the S&P 500's gain of 1.25% in that time. The upcoming earnings release of PPL will ...

Investors might want to bet on PPL (PPL) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. Since a changing earnings pi ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about PPL (PPL) . PPL currently has an average brokerage recommendation (ABR) of ...

PPL (PPL) closed the latest trading day at $32.74, indicating a +0.52% change from the previous session's end. The stock's performance was ahead of the S&P 500's daily loss of 0.19%. Elsewhere, the Dow lost 0.7%, while the tech-heavy Nasdaq added 0.04%. The the stock of energy and utility holding company has risen by 2.65% in the past month, lagging the Utilities sector's gain of 4.22% and overreaching the S&P 500's gain of 1.95%. The investment community will be paying close attention to the earnings perfo ...

PPL Corporation (PPL) announced that its carbon emission capture research and development project has secured up to $72 million of funding from the U.S. Department of Energy ("DOE") Office of Clean Energy Demonstrations ("OCED"). Per the agreement, OCED awarded PPL with the first tranche of funding, worth $4.9 million, to begin Phase 1 activities. The research and development work will be conducted at PPL's Cane Run generating station in Louisville, KY. This carbon emission capture project will assist the u ...

PPL (PPL) closed the most recent trading day at $32.46, moving +1.56% from the previous trading session. This move outpaced the S&P 500's daily gain of 0.54%. Elsewhere, the Dow gained 0.72%, while the techheavy Nasdaq added 0.65%. The the stock of energy and utility holding company has risen by 3.16% in the past month, lagging the Utilities sector's gain of 4.65% and the S&P 500's gain of 4.86%. The investment community will be closely monitoring the performance of PPL in its forthcoming earnings report. T ...

ALLENTOWN, Pa., Sept. 12, 2024 /PRNewswire/ -- PPL Corporation (NYSE: PPL) announced today it has executed an agreement with the U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED) for an award up to $72 million to help fund a groundbreaking carbon dioxide (CO₂) capture research and development project at the company's natural gas combined-cycle generation facility in Louisville, Kentucky. OCED awarded PPL with the first tranche of funding – $4.9 million – to begin Phase 1 activitie ...

PPL Corp.'s (PPL) shares have rallied 20% year to date, compared with its industry's growth of 13%. The company continues to provide electricity and natural gas to its 3.5 million customers across the United States. In the same time period, PPL has outperformed its sector and the S&P 500. PPL plans to invest $14.3 billion through 2027 to strengthen its infrastructure and prevent outages. The company is also working to lower emissions from electricity production and develop a net-zero energy system by 2050. ...

ALLENTOWN, Pa., Aug. 23, 2024 /PRNewswire/ -- PPL Corporation (NYSE: PPL) declared a quarterly common stock dividend on Friday, Aug. 23, 2024, of $0.2575 per share, payable Oct. 1, 2024, to shareowners of record as of Sept. 10, 2024. About PPL PPL Corporation (NYSE: PPL), headquartered in Allentown, Pennsylvania, is a leading U.S. energy company focused on providing electricity and natural gas safely, reliably and affordably to more than 3.5 million customers in the U.S. PPL's high-performing, award-winning ...