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

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.
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8 equities research analysts have issued twelve-month target prices for Portland General Electric's stock. Their POR share price targets range from $42.00 to $56.00. On average, they anticipate the company's share price to reach $45.13 in the next year. This suggests a possible upside of 2.7% 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 increased by 1.3% and is now trading at $43.92.
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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) issued its quarterly earnings data on Friday, April, 26th. The utilities provider reported $1.21 EPS for the quarter, beating analysts' consensus estimates of $1.09 by $0.12. The utilities provider earned $929 million during the quarter, compared to analyst estimates 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%. The company's revenue for the quarter was up 24.2% on a year-over-year basis. During the same period last year, the business posted $0.80 EPS.

Portland General Electric announced a quarterly dividend on Friday, April 19th. Shareholders of record on Friday, May 24th will be given a dividend of $0.50 per share on Monday, July 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 4.55%. The ex-dividend date is Friday, June 21st. This is a boost 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 $2.00 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 19 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 76.63%. 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 62.11% 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 guidance of $2.98-3.18 for the period, compared to the consensus 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 institutional and retail investors. Top institutional shareholders include Principal Financial Group Inc. (1.93%), Leeward Investments LLC MA (0.52%), Raymond James & Associates (0.24%), Miller Howard Investments Inc. NY (0.15%), Retirement Systems of Alabama (0.13%) and Scharf Investments LLC (0.08%). 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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