Portland General Electric Company (NYSE:POR) Given Average Rating of “Hold” by Brokerages

Portland General Electric Company (NYSE:POR) has received an average recommendation of “Hold” from the twelve brokerages that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $50.1667.

A number of research analysts have commented on POR shares. BTIG Research restated a “buy” rating and issued a $58.00 price objective on shares of Portland General Electric in a research note on Friday, January 30th. Loop Capital set a $48.00 price target on Portland General Electric in a report on Tuesday, December 30th. JPMorgan Chase & Co. upped their price objective on Portland General Electric from $47.00 to $49.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. Weiss Ratings cut Portland General Electric from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, February 17th. Finally, LADENBURG THALM/SH SH reissued a “sell” rating and issued a $43.00 target price on shares of Portland General Electric in a report on Thursday, December 4th.

Insider Activity at Portland General Electric

In other news, EVP Benjamin Felton sold 4,969 shares of the firm’s stock in a transaction on Friday, February 27th. The shares were sold at an average price of $53.56, for a total value of $266,139.64. Following the completion of the sale, the executive vice president owned 41,081 shares in the company, valued at approximately $2,200,298.36. This trade represents a 10.79% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.40% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Royal Bank of Canada boosted its holdings in Portland General Electric by 7.4% in the 1st 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 in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted 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 buying an additional 2,717 shares during the period. Millennium Management LLC boosted 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 buying an additional 124,410 shares in the last quarter. United Services Automobile Association acquired a new position in Portland General Electric during the first quarter worth $271,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew 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 acquiring an additional 13,799 shares during the period.

Portland General Electric Trading Down 1.3%

POR opened at $53.46 on Friday. The company has a quick ratio of 0.95, a current ratio of 1.08 and a debt-to-equity ratio of 1.19. Portland General Electric has a 52 week low of $39.54 and a 52 week high of $54.39. The business’s 50 day moving average is $50.71 and its two-hundred day moving average is $47.43. The firm has a market cap of $6.18 billion, a price-to-earnings ratio of 19.30, a price-to-earnings-growth ratio of 3.07 and a beta of 0.66.

Portland General Electric (NYSE:POR) last posted its quarterly earnings data on Tuesday, February 17th. The utilities provider reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.12). Portland General Electric had a net margin of 8.56% and a return on equity of 8.52%. The firm had revenue of $889.00 million during the quarter, compared to analyst estimates of $892.31 million. During the same period in the previous year, the company posted $0.36 earnings per share. Portland General Electric has set its FY 2026 guidance at 3.330-3.530 EPS. On average, research analysts predict that Portland General Electric will post 3.21 EPS for the current year.

Portland General Electric Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Monday, March 23rd will be paid a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend is Monday, March 23rd. Portland General Electric’s payout ratio is currently 75.81%.

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.