最新ニュース PPL (NYSE:PPL) 株価情報

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.

PPL Corp

PEMBINA PIPLNE CL A PFD 5 by Pembina Pipeline Corp.

Pembina Pipeline Corp

PT PERUSAHAAN GAS NGR ORD by PT Perusahaan Perkebunan London Sumatra Indonesia Tbk

PT PP London Sumatra Indonesia Tbk

PT PERUSAHAAN UNSP/ADR by PT Perusahaan Perkebunan London Sumatra Indonesia Tbk

Peoples Ltd

PEMBINA PIPELINE PFD A by Pembina Pipeline Corp.

abrdn Physical Platinum Shares ETF

PPL's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPL#NYSE">PPL</a>) short percent of float has risen 8.73% since its last report. The company recently reported that it has 16.04 million shares sold short, which is 2.49% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.21 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>PPL Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1737388840_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for PPL has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing PPL's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, PPL's peer group average for short interest as a percentage of float is 2.20%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Trading Ideas

Looking Into PPL's Recent Short Interest

PPL Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPL#NYSE">PPL</a>) today announced the elimination of its Chief Operating Officer role effective April 4, at which time current EVP and COO Francis X. Sullivan will retire.
Also effective April 4, Sullivan's responsibilities will be assumed by David J. Bonenberger, who will become Executive Vice President and Chief Operating Officer-Utilities and Lonnie Bellar, who will become Executive Vice President of Engineering, Construction and Generation, with both executives reporting to PPL President and Chief Executive Officer Vincent Sorgi.

News

Management

PPL Corp. Announces Upcoming Retirement Of Executive Vice President And COO Fran Sullivan; Effective April 4, Sullivan's Responsibilities Will Be Assumed By David J. Bonenberger, Who Will Become Executive Vice President And Chief Operating Officer-Utilities

Jefferies analyst Paul Zimbardo maintains PPL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPL#NYSE">PPL</a>) with a Buy and lowers the price target from $39 to $38.

Price Target

Analyst Ratings

Jefferies Maintains Buy on PPL, Lowers Price Target to $38

Citigroup analyst Ryan Levine maintains PPL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPL#NYSE">PPL</a>) with a Neutral and raises the price target from $31 to $36.

Citigroup Maintains Neutral on PPL, Raises Price Target to $36

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>BMO Capital analyst James Thalacker initiated coverage on PPL Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPL#NYSE">PPL</a>) with an Outperform rating and announced a price target of $36. PPL shares closed at $32.92 on Tuesday. <a href="https://www.benzinga.com/quote/PPL/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Goldman Sachs analyst Gabriela Borges initiated coverage on Zeta Global Holdings Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZETA#NYSE">ZETA</a>) with a Neutral rating and announced a price target of $30. Zeta Global shares closed at $21.46 on Tuesday. <a href="https://www.benzinga.com/quote/zeta/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Roth MKM analyst Chip Moore initiated coverage on Powell Industries, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POWL#NASDAQ">POWL</a>) with a Buy rating and announced a price target of $312. Powell Industries shares closed at $249.81 on Tuesday. <a href="https://www.benzinga.com/quote/POWL/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Citigroup initiated coverage on Monolithic Power Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MPWR#NASDAQ">MPWR</a>) with a Buy rating and announced a price target of $700. Monolithic Power Systems shares closed at $595.32 on Tuesday. <a href="https://www.benzinga.com/quote/MPWR/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Deutsche Bank analyst Omotayo Okusanya initiated coverage on Realty Income Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/O#NYSE">O</a>) with a Hold rating and announced a price target of $62. Realty Income shares closed at $55.78 on Tuesday. <a href="https://www.benzinga.com/quote/O/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying MPWR stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="617" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/11081942/image-90-1024x617.png" alt="" class="wp-image-687364" style="width:667px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/11081942/image-90-1024x617.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/11081942/image-90-300x181.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/11081942/image-90-768x463.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/11081942/image-90.png 1092w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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Initiation

Pre-Market Outlook

Markets

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This Monolithic Power Systems Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Wednesday

BMO Capital analyst James Thalacker initiates coverage on PPL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPL#NYSE">PPL</a>) with a Outperform rating and announces Price Target of $36.

BMO Capital Initiates Coverage On PPL with Outperform Rating, Announces Price Target of $36

B of A Securities analyst Julien Dumoulin-Smith maintains PPL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPL#NYSE">PPL</a>) with a Buy and raises the price target from $34 to $35.

B of A Securities Maintains Buy on PPL, Raises Price Target to $35

2024 Earnings Forecast
PPL narrowed its 2024 earnings from ongoing operations forecast range to $1.67 to $1.73 per share from a prior forecast range of $1.63 to $1.75 per share, increasing the midpoint to $1.70 per share from $1.69 per share.
<ul>
<li>Narrows 2024 ongoing earnings forecast range to $1.67 to $1.73 per share and increases midpoint to $1.70 per share.&nbsp;</li>
<li>Reaffirms projected annual earnings per share and dividend growth of 6% to 8% through at least 2027.</li>
</ul>

Earnings

Guidance

PPL Narrowed Its 2024 Ongoing EPS Forecast Range To $1.67-$1.73 (Vs. $1.71 Consensus) From $1.63-$1.75; The Company Reaffirmed Projected Annual EPS And Dividend Growth Of 6%-8% Through At Least 2027

PPL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPL#NYSE">PPL</a>) reported quarterly earnings of $0.42 per share which met the analyst consensus estimate. This is a 2.33 percent decrease over earnings of $0.43 per share from the same period last year. The company reported quarterly sales of $2.066 billion which beat the analyst consensus estimate of $1.914 billion by 7.92 percent. This is a 1.13 percent increase over sales of $2.043 billion the same period last year.

Earnings Beats

PPL Q3 2024 Adj. EPS $0.42, Inline, Sales $2.066B Beat $1.914B Estimate

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Canaccord Genuity analyst Susan Anderson initiated coverage on Waldencast plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WALD#NASDAQ">WALD</a>) with a Buy rating and announced a price target of $5. Waldencast shares closed at $3.38 on Thursday. <a href="https://www.benzinga.com/quote/WALD/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Truist Securities analyst Bertrand Donnes initiated coverage on BKV Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKV#NYSE">BKV</a>) with a Buy rating and announced a price target of $24. BKV shares closed at $18.19 on Thursday. <a href="https://www.benzinga.com/quote/BKV/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>JP Morgan analyst Jeremy Tonet initiated coverage on PPL Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPL#NYSE">PPL</a>) with an Overweight rating and announced a price target of $37. PPL shares closed at $32.87 on Thursday. <a href="https://www.benzinga.com/quote/PPL/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Maxim Group analyst Allen Klee initiated coverage on reAlpha Tech Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIRE#NASDAQ">AIRE</a>) with a Buy rating and announced a price target of $3. ReAlpha Tech shares closed at $1.10 on Thursday. <a href="https://www.benzinga.com/quote/AIRE/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>UBS analyst John Lovallo initiated coverage on Builders FirstSource, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLDR#NYSE">BLDR</a>) with a Buy rating and announced a price target of $232. Builders FirstSource shares closed at $181.66 on Thursday. <a href="https://www.benzinga.com/quote/BLDR/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying PPL stock? Here&#8217;s what analysts think: 
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AIRE

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This PPL Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Friday

JP Morgan analyst Jeremy Tonet initiates coverage on PPL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPL#NYSE">PPL</a>) with a Overweight rating and announces Price Target of $37.

JP Morgan Initiates Coverage On PPL with Overweight Rating, Announces Price Target of $37

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Susquehanna raised Lumentum Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LITE#NASDAQ">LITE</a>) price target from $70 to $80. Susquehanna analyst Christopher Rolland maintained a Positive rating. Lumentum shares closed at $66.23 on Friday. <a href="https://www.benzinga.com/quote/LITE/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Barclays boosted the price target for PPL Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPL#NYSE">PPL</a>) from $30 to $34. Barclays analyst Nicholas Campanella maintained an Equal-Weight rating. PPL shares closed at $32.66 on Friday. <a href="https://www.benzinga.com/quote/PPL/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Piper Sandler raised the price target for monday.com Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNDY#NASDAQ">MNDY</a>) from $300 to $340. Piper Sandler analyst Brent Bracelin maintained an Overweight rating. Webster Financial shares closed at $287.31 on Friday. <a href="https://www.benzinga.com/quote/MNDY/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>JP Morgan raised Sportradar Group AG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRAD#NASDAQ">SRAD</a>) price target from $12 to $15. JP Morgan analyst Samuel Nielsen upgraded the stock from Neutral to Overweight. Sportradar shares settled at $12.39 on Friday. <a href="https://www.benzinga.com/quote/SRAD/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Leerink Partners boosted Gilead Sciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GILD#NASDAQ">GILD</a>) price target from $74 to $96. Leerink Partners analyst Andrew Berens upgraded the stock from Market Perform to Outperform. Gilead Sciences shares closed at $86.72 on Friday. <a href="https://www.benzinga.com/quote/GILD/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Bernstein cut ASML Holding N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASML#NASDAQ">ASML</a>) price target from $1,052 to $815. Bernstein analyst Sara Russo maintained an Outperform rating. ASML shares closed at $723.26 on Friday. <a href="https://www.benzinga.com/quote/ASML/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Baird raised the price target for Stanley Black &amp; Decker, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SWK#NYSE">SWK</a>) from $94 to $104. Baird analyst Timothy Wojs maintained a Neutral rating. Stanley Black &amp; Decker shares settled at $106.40 on Thursday. <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Keybanc raised Robinhood Markets, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) price target from $25 to $30. Keybanc analyst Alex Markgraff maintained an Overweight rating. Robinhood shares closed at $26.83 on Friday. <a href="https://www.benzinga.com/quote/HOOD/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>JP Morgan increased the price target for Ulta Beauty, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) from $450 to $472. JP Morgan analyst Christopher Horvers maintained an Overweight rating. Ulta Beauty shares closed at $368.92 on Friday. <a href="https://www.benzinga.com/quote/ULTA/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Barclays cut Schlumberger Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>) price target from $63 to $61. Barclays analyst David Anderson maintained an Overweight rating. SLB shares closed at $41.92 on Thursday. <a href="https://www.benzinga.com/quote/SLB/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
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Robinhood To Rally Around 12%? Here Are 10 Top Analyst Forecasts For Monday

Barclays analyst Nicholas Campanella maintains PPL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPL#NYSE">PPL</a>) with a Equal-Weight and raises the price target from $30 to $34.

Barclays Maintains Equal-Weight on PPL, Raises Price Target to $34

Jefferies analyst Paul Zimbardo initiates coverage on PPL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPL#NYSE">PPL</a>) with a Buy rating and announces Price Target of $38.

Jefferies Initiates Coverage On PPL with Buy Rating, Announces Price Target of $38

Wells Fargo analyst Neil Kalton maintains PPL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPL#NYSE">PPL</a>) with a Overweight and raises the price target from $35 to $37.

Wells Fargo Maintains Overweight on PPL, Raises Price Target to $37

As of Sept. 16, 2024, two stocks in the utilities sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi">RSI is above 70</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pr</a>o. 
Here's the latest list of major overbought players in this sector.
<h3 class="wp-block-heading">NiSource Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NI#NYSE">NI</a>)</h3>
<ul>
<li>On Aug. 7, NiSource posted better-than-expected quarterly earnings. &#8220;During the second quarter NiSource placed the Cavalry Solar &amp; Storage project into service and reported strong earnings results, executing our investment plan and delivering consistent shareholder returns,&#8221; said NiSource President and CEO, Lloyd Yates. The company's stock gained around 7% over the past month and has a 52-week high of $34.14.</li>
<li>RSI Value: 82.19&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>NI Price Action: Shares of NiSource gained 1.3% to close at $34.06 on Friday.</li>
</ul>
<h3 class="wp-block-heading">PPL Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPL#NYSE">PPL</a>)</h3>
<ul>
<li>On Sept. 12, PPL finalized award for up to $72 million in federal funding from U.S. Department of Energy&#8217;s Office of Clean Energy Demonstrations. The company's stock gained around 4% over the past month and <a href="https://www.benzinga.com/quote/PPL">has a 52-week high</a> of $32.54.</li>
<li>RSI Value: 70.90</li>
<li>PPL Price Action: Shares of PPL gained 1.6% to close at $32.46 on Friday.</li>
</ul>
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Top 2 Utilities Stocks That May Implode In Q3

PPL Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPL#NYSE">PPL</a>) announced today it has executed an agreement with the U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED) for an&nbsp;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 activities.
&nbsp;
The carbon capture project – developed in partnership with the University of Kentucky and others – represents a total investment of more than $100 million and will be hosted at the Cane Run generating station jointly owned and operated by PPL subsidiaries Kentucky Utilities and Louisville Gas and Electric Company. OCED announced in February of this year that the DOE selected the project for award negotiations.

Contracts

PPL Finalizes Award For Up To $72M In Federal Funding From U.S. DOE's Office Of Clean Energy Demonstrations; OCED Awarded PPL With The First Tranche Of Funding, $4.9M, To Begin Phase 1 Activities

B of A Securities analyst Julien Dumoulin-Smith maintains PPL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPL#NYSE">PPL</a>) with a Buy and raises the price target from $33 to $34.

B of A Securities Maintains Buy on PPL, Raises Price Target to $34

The AES Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/aes#NYSE">AES</a>) is a global energy company. Its strategic investments to expand its clean energy generation capacity and construction of new generation, transmission and distribution projects are likely to boost its performance. Given its growth opportunities, AES makes for a solid investment option in the Utility sector.
The company currently carries a Zacks Rank #2 (Buy). Let&#39;s look at the factors that are driving the stock.
<h2>Growth Projections &amp; Surprise History of AES</h2>
The Zacks Consensus Estimate for 2024 and 2025 earnings per share is pegged at $1.91 and $2.08, respectively, which indicates year-over-year growth of 8.5% and 8.8%.
The consensus estimate for 2024 and 2025 sales is pegged at $13.32 billion and $13.77 billion, respectively, which indicates year-over-year growth of 5.1% and 3.4%.
AES delivered an average earnings surprise of 19.18% in the past four quarters.
<h2>AES Stock&#39;s Dividend Yield</h2>
AES distributes dividends to shareholders on a regular basis. Its current dividend yield is 3.82%, which is better than the industry&#39;s average of 3.44%.
<h2>AES&#39; Return on Equity</h2>
AES&#39; current return on equity (ROE) is pinned at 32.74%, which is more than the industry average of 10.34%. ROE, a profitable measure, reflects how effectively a company is utilizing its shareholders&#39; funds in its operations to generate income.
<h2>AES&#39; Investments</h2>
AES is one of the forerunners in the utility industry&#39;s transition to clean energy by investing in sustainable growth and innovative solutions. Notably, the company completed the construction and the acquisition of 976 megawatts of wind, solar and energy storage, during the second quarter of 2024. It signed long-term contracts for 1 gigawatt (GW) of new renewables.
AES signed agreements to support 1.2 GW of new data center load at U.S utilities. It also signed 15-year power purchase agreements for 727 MW of wind and solar energy to serve data center growth in Texas and a 310 MW retail supply agreement to support data centers throughout Ohio.
This should help the company to duly add 3.6 GW of new renewable projects to its portfolio in 2024 and 14-17 GW of renewable energy capacity to its project portfolio during the 2023-2025 time period.
<h2>AES Stock Performance</h2>
Shares of AES have gained 22% in the past six months compared with the sector&#39;s 18.3% growth.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/a5/75393.jpg?v=956434569" />
Image Source: Zacks Investment Research
<h2>Other Stocks to Consider</h2>
Some other top-ranked stocks in the industry are American Electric Power Company, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aep#NASDAQ">AEP</a>), PPL Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ppl#NYSE">PPL</a>) and NiSource Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ni#NYSE">NI</a>). Each of these stocks currently carries a Zacks Rank of 2.
American Electric Power&#39;s long-term (three to five years) earnings growth rate is 6.20%. The Zacks Consensus Estimate for 2024 sales indicates year-over-year growth of 5.7%.
PPL Corporation&#39;s long-term earnings growth rate is 6.80%. The consensus estimate for 2024 earnings indicates year-over-year growth of 7.5%.
NiSource delivered an average earnings surprise of 20.64% in the last four quarters. The Zacks Consensus Estimate for 2024 earnings indicates year-over-year growth of 7.5%.
<a href="https://www.zacks.com/stock/news/2327144/here-s-why-you-should-add-aes-to-your-portfolio-right-now?cid=CS-BENZ-FT-analyst_blog|rank_focused-2327144">To read this article on Zacks.com click here.</a>

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Here's Why You Should Add AES to Your Portfolio Right Now

Morgan Stanley analyst David Arcaro maintains PPL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPL#NYSE">PPL</a>) with a Overweight and raises the price target from $31 to $33.

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In a report released today, David Arcaro from Morgan Stanley maintained a Buy rating on PPL (PPL – Research Report), with a price target of $34.00....

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Driven by urbanization, high end-user demand, technological advancements, and digital innovation, the utilities market is poised for significant growth. Given the industry tailwinds, investing in quality utilities stocks Vistra (VST), PPL Corporation (PPL), and American Electric Power (AEP) could be wise. Read on... The utility industry is thriving with the growing demand across various end-use sectors like electronics and automotive, backed by the increasing adoption of advanced technologies. Segments like data centers and the emergence of new consumer industries are leading to the highest electricity consumption.
With the industry's promising prospects, it could be wise to invest in fundamentally sound utility stocks Vistra Corp. (<a href="https://stocknews.com/stock/VST/">VST</a>), PPL Corporation (<a href="https://stocknews.com/stock/PPL/">PPL</a>), and American Electric Power Company, Inc. (<a href="https://stocknews.com/stock/AEP/">AEP</a>) with unexpected growth stories.
According to the U.S. Energy Information Administration <a href="https://www.eia.gov/todayinenergy/detail.php?id=64264">Short-Term Energy Outlook</a>, after no or relatively little change over the past two decades, electricity consumption is expected to grow by 2% in the current year and in 2026. This consumption surge is mainly due to increased demand from new semiconductor and battery manufacturing factories and data centers.
This electricity demand is powerfully navigating the utility industry. The industry's bright prospects are driven by extensive electricity usage in a wide range of devices and equipment across multiple sectors like residential, automotive, corporate, and industrial processes. Furthermore, the growing adoption of advanced digital technologies will foster the sector's growth.
The utilities market is expected to reach around $9.21 trillion by 2029, exhibiting solid growth at a <a href="https://www.thebusinessresearchcompany.com/report/utilities-global-market-report">CAGR of 6%</a>. The market demand is attributable to factors like the integration of renewable energy sources, better load management, global population growth, technological advancements, and faster economic growth.
Amid this, stocks of utility companies that are continuously working towards catering to the growing energy demand through sound strategies and tactics are well-positioned for robust growth. Given these encouraging trends, let's look at the fundamentals of the three best <a href="https://stocknews.com/category/utilities-domestic/">Utilities - Domestic</a> stocks, beginning with the third choice.
Stock #3: Vistra Corp. (<a href="https://stocknews.com/stock/VST/">VST</a>)
VST is an integrated retail electricity and power generation company. The company operates in six segments: Retail; Texas; East; West; Sunset; and Asset Closure. The company retails electricity and natural gas to residential, commercial, and industrial customers.
As a strategic expansion, on September 18, 2024, VST executed definitive agreements with affiliates of Nuveen Asset Management, LLC, and Avenue Capital Management II, L.P., and acquired their combined 15% equity interest in Vistra Vision LLC, resulting in VST becoming the sole owner of its Vistra Vision subsidiary, including its zero-carbon nuclear, energy storage, and solar generation assets.
The acquisition marked a milestone in VST's evolution, simplifying its overall structure. With its integrated model, VST will serve its customers in a reliable, affordable, and sustainable manner.
On September 11, 2024, VST announced a new program for homeowners in partnership with Sunrun (<a href="https://stocknews.com/stock/RUN/">RUN</a>) to support grid reliability for Texans. The program will aggregate power stored in residential, solar-connected batteries, forming a virtual power plant to dispatch energy back to the grid as needed.
For the third quarter that ended September 30, 2024, VST reported operating revenues of $6.29 billion, up 53.9% year-over-year. The company's <a href="https://www.investopedia.com/terms/o/operatingincome.asp">operating income</a> increased 210.3% from the previous year's quarter to $2.59 billion. Its net income came in at $1.84 billion, indicating a growth of 265.9% from the prior year quarter.
As per the guidance for fiscal 2024, the company's ongoing operations adjusted EBITDA, which is expected to range between $5 billion and $5.20 billion. Its ongoing operations adjusted FCFbG is likely to be between $2.65 billion and $2.85 billion.
The company also initiated 2025 guidance ranges, projecting ongoing operations adjusted EBITDA of $5.50 billion - $6.10 billion. It also expects ongoing operations adjusted FCFbG in the range of $3 billion to $3.60 billion.
Analysts expect VST's revenue for the fourth quarter (ended December 2024) to improve 26.3% year-over-year to $3.89 billion. For the fiscal year (ended December 2024), the company's revenue and EPS are expected to increase 16.5% and 97% from the prior year to $17.22 billion and $5.84, respectively.
VST's stock has gained 124.2% over the past six months and 330.2% over the past year to close the last trading session at $170.86.
VST's bright prospects are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The POWR Ratings are calculated by considering 118 different factors, each weighted to an optimal degree.
VST's stock has a B grade for Growth and Momentum. Within the <a href="https://stocknews.com/category/utilities-domestic/">Utilities - Domestic</a> industry, VST is ranked #32 of 58 stocks.
<a href="https://stocknews.com/stock/VST/">Click here</a> to access additional ratings of VST (Stability, Value, Sentiment, and Quality).
Stock #2: PPL Corporation (<a href="https://stocknews.com/stock/PPL/">PPL</a>)
PPL is an energy company that emphasizes providing electricity and natural gas to approximately 3.6 million customers. The company operates through three segments: Kentucky Regulated; Pennsylvania Regulated; and Rhode Island Regulated.
On January 16, 2025, PPL's subsidiary Louisville Gas and Electric Company announced its first hyperscale data center electric customer in partnership with Poe Companies and PowerHouse Data Centers. The cutting-edge 400-megawatt data center campus will be located in Louisville. The groundbreaking project will be historic for Kentucky and contribute to its new economic development.
On September 12, 2024, PPL executed an agreement with the U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED) for an award of 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.
PPL's operating revenues for the third quarter that ended September 30, 2024, increased 1.1% year-over-year to $2.07 billion, while its operating income was $428 million. The company's net income and EPS were $214 million and $0.29 for the quarter, respectively.
In addition, PPL's cash and cash equivalents as of September 30, 2024, were $542 million, compared to $331 million as of December 31, 2023.
Street expects PPL's revenue for the fiscal year (ended December 2024) to increase 1.2% year-over-year to $8.41 billion. Likewise, the company's EPS for the same year is expected to grow 6.7% year-over-year to $1.71. Moreover, PPL has surpassed the consensus revenue estimates in all four trailing quarters.
PPL's shares have gained 15.8% over the past six months and 26.3% over the past year to close the last trading session at $33.25.
PPL's sound fundamentals are reflected in its POWR Ratings. The stock has a B grade for Growth and Momentum. Within the Utilities - Domestic industry, PPL is ranked #27 of 58 stocks.
In addition to the POWR Ratings we've stated above, we also have PPL ratings for Sentiment, Value, Stability, and Quality. Get all PPL ratings <a href="https://stocknews.com/stock/PPL/">here</a>.
Stock #1: American Electric Power Company, Inc. (<a href="https://stocknews.com/stock/AEP/">AEP</a>)
AEP operates as an electric public utility holding company engaged in generating, transmitting, and distributing electricity for sale to retail and wholesale customers. It operates in Vertically Integrated Utilities; Transmission and Distribution Utilities; AEP Transmission Holdco; and Generation &amp; Marketing segments.
On December 18, 2024, AEP's subsidiary Southwestern Electric Power Co. (SWEPCO) announced various ongoing developments in several new generation projects pending regulatory approval. The company's initiatives are designed to enhance its diverse energy portfolio to address the growing capacity demands of customers in a cost-effective manner.
SWEPCO's new projects include the 450-MW Hallsville Natural Gas Plant and the 1,053-MW Welsh Natural Gas Conversion Project. It also has multiple renewable projects under construction. The company's endeavors will provide a reliable energy supply to customers and cater to their evolving needs.
On November 14, AEP introduced its custom solution to support the growing energy needs with fuel cell technology for their large customers. AEP's agreement in place will allow it to secure up to 1 gigawatt (GW) of Bloom Energy solid oxide fuel cells for data centers and other large energy users, making this the largest utility fuel cell technology initiative in the nation.
The company aims to invest $54 billion from 2025 through 2029 to enhance service for customers and support the growing energy needs of our communities. Such strong efforts will contribute to its ongoing growth and expansion.
During the third quarter that ended September 30, 2024, AEP's total revenues increased 1.5% year-over-year to $5.42 billion, and its operating income came in at $1.35 billion for the same period. The company's non-GAAP operating earnings stood at $985.40 million and $1.85 per share, up 6.7% and 4.5% over the prior year's quarter, respectively.
Further, the company expects its operating earnings to range from $5.58 to $5.68 per share in 2024.
Analysts expect AEP's revenue and EPS for the first quarter (ending March 2025) to increase 4% and 12.5% year-over-year to $5.20 billion and $1.43, respectively. Further, the company has topped consensus EPS estimates in three of the trailing four quarters.
Shares of AEP have surged 5.1% over the past month and 22% over the past year to close the last trading session at $97.25.
AEP's POWR Ratings reflect this robust outlook. AEP has a B grade for Growth, Stability, and Momentum. The stock is ranked #8 among the 58 stocks in the Utilities - Domestic industry.
<a href="https://stocknews.com/stock/AEP/">Click here</a> to access additional AEP ratings for Sentiment, Value, and Quality.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
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<hr />
VST shares were trading at $170.86 per share on Monday afternoon, down $3.14 (-1.80%). Year-to-date, VST has gained 23.93%, versus a 1.96% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rjkumari Saxena</h2> <img src='https:/wp-content/uploads/2024/04/Rajkumari-Saxena_Image-1.jpeg' style="float:left; padding:5px;width:125px;">Rajkumari started her career as a writer but gradually shifted her focus to financial journalism, leveraging her educational background in Commerce. Fascinated by the interplay of business and economic shifts in equities, she aspires to evolve as an analyst. With a knack for simplifying complex financial concepts, her mission is to empower investors with insights that lead to profitable decisions.<a href="https://stocknews.com/authors/?author=rajkumari-saxena">More...</a>The post <a href=https://stocknews.com/news/vst-aep-ppl-run-3-utility-stocks-with-unexpected-growth-stories/>3 Utility Stocks With Unexpected Growth Stories</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Utility Stocks With Unexpected Growth Stories

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