Portland General Electric (NYSE:POR) Price Target Raised to $53.00 at Barclays

Portland General Electric (NYSE:POR) had its price objective boosted by Barclays from $47.00 to $53.00 in a research note published on Tuesday morning,Benzinga reports. They currently have an equal weight rating on the utilities provider’s stock.

Several other equities analysts have also commented on the stock. Wells Fargo & Company increased their price target on shares of Portland General Electric from $45.00 to $49.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 20th. Mizuho set a $47.00 target price on shares of Portland General Electric in a report on Monday, November 3rd. LADENBURG THALM/SH SH reaffirmed a “sell” rating and issued a $43.00 target price on shares of Portland General Electric in a research report on Thursday, December 4th. Loop Capital set a $48.00 price target on shares of Portland General Electric in a research report on Tuesday, December 30th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Portland General Electric in a research note on Monday, December 29th. Three equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $48.92.

Portland General Electric Stock Down 2.8%

Portland General Electric stock opened at $52.48 on Tuesday. The stock has a market cap of $5.90 billion, a PE ratio of 19.08, a P/E/G ratio of 4.73 and a beta of 0.67. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.08 and a quick ratio of 0.95. The stock’s fifty day moving average is $49.48 and its two-hundred day moving average is $46.59. Portland General Electric has a 1-year low of $39.54 and a 1-year high of $54.39.

Portland General Electric (NYSE:POR) last released its quarterly earnings data on Friday, February 20th. The utilities provider reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.72 by ($0.25). Portland General Electric had a return on equity of 8.32% and a net margin of 8.63%.During the same period last year, the firm earned $0.36 EPS. On average, sell-side analysts expect that Portland General Electric will post 3.21 EPS for the current fiscal year.

Portland General Electric Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Monday, March 23rd will be given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend is Monday, March 23rd. Portland General Electric’s dividend payout ratio (DPR) is presently 76.36%.

Institutional Investors Weigh In On Portland General Electric

Several hedge funds have recently made changes to their positions in POR. Royal Bank of Canada increased its holdings in shares of Portland General Electric by 7.4% in the first quarter. Royal Bank of Canada now owns 161,931 shares of the utilities provider’s stock valued at $7,222,000 after purchasing an additional 11,141 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Portland General Electric by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 61,949 shares of the utilities provider’s stock valued at $2,763,000 after purchasing an additional 2,717 shares in the last quarter. Millennium Management LLC lifted its stake in shares of Portland General Electric by 465.5% in the first quarter. Millennium Management LLC now owns 151,134 shares of the utilities provider’s stock valued at $6,741,000 after purchasing an additional 124,410 shares during the period. United Services Automobile Association acquired a new stake in shares of Portland General Electric in the first quarter valued at about $271,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Portland General Electric by 6.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 233,640 shares of the utilities provider’s stock worth $10,420,000 after buying an additional 13,799 shares in the last quarter.

Key Headlines Impacting Portland General Electric

Here are the key news stories impacting Portland General Electric this week:

• Positive Sentiment: Announced purchase of PacifiCorp’s Washington generation, transmission and distribution assets for $1.9 billion — expands POR’s service territory and rate base (purchase priced at ~1.4x estimated 2026 rate base), adding customers and generation assets that can drive regulated earnings growth. PacifiCorp to Sell Washington Service Area to Portland General Electric
• Positive Sentiment: Signed agreements to develop two solar + battery hybrid projects (615 MW total, 425 MW company‑owned) — supports long‑term regulated and renewable growth profile. PR Newswire Release
• Positive Sentiment: Declared quarterly dividend ($0.525/share; ~3.9% yield) — supports income investors and signals commitment to returning cash. MarketBeat Dividend Note
• Neutral Sentiment: Analyst activity: Barclays raised its price target to $53 (equal‑weight) — small impact relative to the larger corporate headlines. Benzinga Note
• Neutral Sentiment: Coverage notes PacifiCorp sold assets citing liquidity pressures tied to wildfire litigation — context for the deal but not directly indicative of POR’s near‑term earnings. Reuters: PacifiCorp sells Washington assets
• Negative Sentiment: Q4 EPS missed materially ($0.47 vs. consensus ~ $0.72) — the beat/miss drove immediate disappointment; management said weather and other factors reduced Q4 results. Earnings Call Transcript
• Negative Sentiment: Commenced $480M public offering of common stock (via forward sale agreements) — raises capital for the PacifiCorp purchase but increases near‑term share count/dilution risk. Public Offering Announcement
• Negative Sentiment: FY‑2026 adjusted EPS guidance initiated at $3.33–$3.53 (company midpoint roughly in line but slightly below some street expectations) — guidance reduces clarity on upside and, combined with the offering and earnings miss, likely weighs on sentiment. Guidance & PR

Portland General Electric Company Profile

Portland General Electric (NYSE:POR) is an investor-owned electric utility headquartered in Tigard, Oregon, with roots tracing back to the late 19th century. The company generates, transmits and distributes electricity to residential, commercial and industrial customers across a broad territory in Oregon, primarily encompassing the Portland metropolitan area and surrounding regions.

As one of Oregon’s largest electric utilities, Portland General Electric operates a diverse portfolio of generation assets, including hydroelectric facilities, natural gas–fired plants and renewable energy sources.