Portland General Electric (NYSE:POR) Releases FY 2025 Earnings Guidance

Portland General Electric (NYSE:POR - Get Free Report) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided earnings per share guidance of 3.130-3.330 for the period, compared to the consensus earnings per share estimate of 3.230. The company issued revenue guidance of -.

Portland General Electric Stock Down 0.0 %

POR traded down $0.01 on Wednesday, reaching $41.69. The company's stock had a trading volume of 440,676 shares, compared to its average volume of 1,030,394. The stock has a 50 day moving average of $43.51 and a two-hundred day moving average of $44.27. The company has a quick ratio of 0.81, a current ratio of 0.92 and a debt-to-equity ratio of 1.22. The company has a market capitalization of $4.57 billion, a price-to-earnings ratio of 13.85, a P/E/G ratio of 1.11 and a beta of 0.49. Portland General Electric has a fifty-two week low of $40.05 and a fifty-two week high of $49.85.

Portland General Electric (NYSE:POR - Get Free Report) last posted its quarterly earnings data on Friday, April 25th. The utilities provider reported $0.91 earnings per share for the quarter, missing the consensus estimate of $0.93 by ($0.02). The firm had revenue of $928.00 million during the quarter, compared to analyst estimates of $977.02 million. Portland General Electric had a net margin of 9.13% and a return on equity of 9.10%. Portland General Electric's revenue was down .1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.21 earnings per share. As a group, analysts forecast that Portland General Electric will post 3.21 EPS for the current fiscal year.

Portland General Electric Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Tuesday, June 24th will be issued a $0.525 dividend. This is an increase from Portland General Electric's previous quarterly dividend of $0.50. This represents a $2.10 annualized dividend and a dividend yield of 5.04%. The ex-dividend date of this dividend is Tuesday, June 24th. Portland General Electric's dividend payout ratio is presently 69.77%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on POR. JPMorgan Chase & Co. reissued a "neutral" rating and issued a $44.00 price objective (down from $50.00) on shares of Portland General Electric in a report on Thursday, April 10th. StockNews.com raised Portland General Electric from a "sell" rating to a "hold" rating in a report on Friday, April 25th. Wells Fargo & Company decreased their price target on Portland General Electric from $46.00 to $44.00 and set an "equal weight" rating for the company in a report on Monday. UBS Group reaffirmed a "neutral" rating and set a $47.00 price target (down from $52.00) on shares of Portland General Electric in a report on Friday, January 3rd. Finally, Evercore ISI decreased their price target on Portland General Electric from $51.00 to $48.00 and set an "outperform" rating for the company in a report on Monday. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and an average price target of $45.40.

Insiders Place Their Bets

In other Portland General Electric news, CFO Joseph R. Trpik, Jr. sold 1,375 shares of the stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $41.32, for a total value of $56,815.00. Following the completion of the transaction, the chief financial officer now owns 31,960 shares in the company, valued at approximately $1,320,587.20. This represents a 4.12 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Benjamin Felton sold 1,845 shares of the firm's stock in a transaction on Thursday, April 17th. The shares were sold at an average price of $43.02, for a total value of $79,371.90. Following the completion of the transaction, the executive vice president now owns 32,646 shares of the company's stock, valued at approximately $1,404,430.92. This represents a 5.35 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 3,795 shares of company stock worth $159,946. 0.40% of the stock is owned by corporate insiders.

Portland General Electric Company Profile

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.