NYSE:POR

Portland General Electric (POR) Stock Price, News & Analysis

$43.54
+0.25 (+0.58%)
(As of 04/23/2024 ET)
Today's Range
$43.11
$43.80
50-Day Range
$39.87
$43.30
52-Week Range
$38.01
$51.58
Volume
914,739 shs
Average Volume
967,075 shs
Market Capitalization
$4.40 billion
P/E Ratio
18.69
Dividend Yield
4.36%
Price Target
$45.13

Portland General Electric MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
3.6% Upside
$45.13 Price Target
Short Interest
Bearish
5.04% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.49mentions of Portland General Electric in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$159,713 Sold Last Quarter
Proj. Earnings Growth
4.89%
From $3.07 to $3.22 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.24 out of 5 stars

Utilities Sector

73rd out of 88 stocks

Electric Services Industry

33rd out of 40 stocks

POR stock logo

About Portland General Electric Stock (NYSE:POR)

Portland General Electric Company, an integrated electric utility company, engages in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. It operates six thermal plants, three wind farms, and seven hydroelectric facilities. As of December 31, 2023, the company owned an electric transmission system consisting of 1,254 circuit miles, including 287 circuit miles of 500 kilovolt line, 413 circuit miles of 230 kilovolt line, and 554 miles of 115 kilovolt line; and served 934 thousand retail customers in 51 cities. It also has 28,868 circuit miles of distribution lines. Portland General Electric Company was founded in 1889 and is headquartered in Portland, Oregon.

POR Stock Price History

POR Stock News Headlines

Portland General Electric declares dividend
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Company Calendar

Last Earnings
2/16/2024
Ex-Dividend for 4/15 Dividend
3/21/2024
Dividend Payable
4/15/2024
Today
4/23/2024
Next Earnings (Confirmed)
4/26/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Electric services
Sub-Industry
Electric Utilities
CUSIP
73650884
Employees
2,842
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$45.13
High Stock Price Target
$56.00
Low Stock Price Target
$42.00
Potential Upside/Downside
+3.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
8 Analysts

Profitability

Net Income
$228 million
Pretax Margin
9.34%

Debt

Sales & Book Value

Annual Sales
$2.92 billion
Cash Flow
$6.96 per share
Book Value
$32.82 per share

Miscellaneous

Free Float
100,616,000
Market Cap
$4.41 billion
Optionable
Optionable
Beta
0.57
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Key Executives


POR Stock Analysis - Frequently Asked Questions

Should I buy or sell Portland General Electric stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Portland General Electric in the last twelve months. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" POR shares.
View POR analyst ratings
or view top-rated stocks.

What is Portland General Electric's stock price target for 2024?

8 Wall Street research analysts have issued 12-month target prices for Portland General Electric's shares. Their POR share price targets range from $42.00 to $56.00. On average, they anticipate the company's stock price to reach $45.13 in the next year. This suggests a possible upside of 3.6% from the stock's current price.
View analysts price targets for POR
or view top-rated stocks among Wall Street analysts.

How have POR shares performed in 2024?

Portland General Electric's stock was trading at $43.34 at the start of the year. Since then, POR stock has increased by 0.5% and is now trading at $43.54.
View the best growth stocks for 2024 here
.

When is Portland General Electric's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, April 26th 2024.
View our POR earnings forecast
.

How can I listen to Portland General Electric's earnings call?

Portland General Electric will be holding an earnings conference call on Friday, April 26th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Portland General Electric's earnings last quarter?

Portland General Electric (NYSE:POR) issued its quarterly earnings data on Friday, February, 16th. The utilities provider reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.88 by $0.20. The utilities provider earned $725 million during the quarter, compared to analyst estimates of $740.21 million. Portland General Electric had a net margin of 7.80% and a trailing twelve-month return on equity of 7.21%. The business's quarterly revenue was up 5.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.70 earnings per share.

How often does Portland General Electric pay dividends? What is the dividend yield for Portland General Electric?

Portland General Electric announced a quarterly dividend on Friday, April 19th. Investors of record on Monday, June 24th will be given a dividend of $0.50 per share on Monday, July 15th. This represents a $2.00 annualized dividend and a dividend yield of 4.59%. The ex-dividend date is Monday, June 24th. This is an increase from the stock's previous quarterly dividend of $0.48.
Read our dividend analysis for POR
.

Is Portland General Electric a good dividend stock?

Portland General Electric (NYSE:POR) pays an annual dividend of $1.90 per share and currently has a dividend yield of 4.44%. POR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 18 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 81.55%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, POR will have a dividend payout ratio of 59.01% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for POR.

What guidance has Portland General Electric issued on next quarter's earnings?

Portland General Electric issued an update on its FY 2024 earnings guidance on Friday, February, 16th. The company provided earnings per share (EPS) guidance of 2.980-3.180 for the period, compared to the consensus estimate of 3.030. The company issued revenue guidance of -.

What is Maria Pope's approval rating as Portland General Electric's CEO?

40 employees have rated Portland General Electric Chief Executive Officer Maria Pope on Glassdoor.com. Maria Pope has an approval rating of 82% among the company's employees.

What other stocks do shareholders of Portland General Electric own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Portland General Electric investors own include General Electric (GE), AT&T (T), International Business Machines (IBM), Celestica (CLS), Synchrony Financial (SYF), Energy Transfer (ET), Exxon Mobil (XOM), Enterprise Products Partners (EPD), JPMorgan Chase & Co. (JPM) and PepsiCo (PEP).

Who are Portland General Electric's major shareholders?

Portland General Electric's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Leeward Investments LLC MA (0.52%), Raymond James & Associates (0.24%), Miller Howard Investments Inc. NY (0.15%), Scharf Investments LLC (0.08%), Congress Asset Management Co. MA (0.06%) and Amalgamated Bank (0.05%). Insiders that own company stock include Anne Frances Mersereau, Benjamin Felton, Bradley Young Jenkins, Brett Michael Sims, Dawn L Farrell, James P Torgerson, John Carter Mcfarland, John Teeruk Kochavatr, Kathryn Jean Jackson, Larry Neal Bekkedahl, M Lee Pelton and William David Robertson.
View institutional ownership trends
.

How do I buy shares of Portland General Electric?

Shares of POR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:POR) was last updated on 4/23/2024 by MarketBeat.com Staff

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