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

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Portland General Electric in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" POR shares.
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8 analysts have issued 12 month price objectives for Portland General Electric's stock. Their POR share price targets range from $42.00 to $56.00. On average, they predict the company's share price to reach $45.13 in the next twelve months. This suggests a possible upside of 4.7% from the stock's current price.
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Portland General Electric's stock was trading at $43.34 at the start of the year. Since then, POR shares have decreased by 0.5% and is now trading at $43.11.
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The company is scheduled to release its next quarterly earnings announcement on Friday, July 26th 2024.
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Portland General Electric (NYSE:POR) posted its quarterly earnings data on Friday, April, 26th. The utilities provider reported $1.21 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.10 by $0.11. The utilities provider earned $929 million during the quarter, compared to analysts' expectations of $828.94 million. Portland General Electric had a net margin of 8.51% and a trailing twelve-month return on equity of 8.50%. Portland General Electric's revenue was up 24.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.80 EPS.

Portland General Electric announced a quarterly dividend on Friday, April 19th. Investors of record on Monday, June 24th will be paid a dividend of $0.50 per share on Monday, July 15th. This represents a $2.00 annualized dividend and a yield of 4.64%. The ex-dividend date is Friday, June 21st. This is a positive change from the stock's previous quarterly dividend of $0.48.
Read our dividend analysis for POR.

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 72.80%. This payout ratio is at a healthy, sustainable level, below 75%. 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.

ETFs with the largest weight of Portland General Electric (NYSE:POR) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), Invesco High Yield Equity Dividend Achievers ETF (PEY), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), Invesco S&P MidCap Low Volatility ETF (XMLV), ProShares Russell 2000 Dividend Growers ETF (SMDV), Cultivar ETF (CVAR) and iShares U.S. Infrastructure ETF (IFRA).

Portland General Electric issued an update on its FY24 earnings guidance on Friday, April, 26th. The company provided earnings per share (EPS) guidance of $2.98-3.18 for the period, compared to the consensus earnings per share estimate of $3.07.

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.

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).

Portland General Electric's stock is owned by a number 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.
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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.
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