Portland General Electric Company (NYSE:POR - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $49.16 and traded as high as $53.96. Portland General Electric shares last traded at $53.7690, with a volume of 1,061,815 shares changing hands.
Analysts Set New Price Targets
A number of research analysts have recently weighed in on POR shares. BTIG Research restated a "buy" rating and set a $58.00 price objective on shares of Portland General Electric in a research report on Friday, January 30th. BMO Capital Markets restated a "market perform" rating and set a $55.00 price objective on shares of Portland General Electric in a research report on Thursday, February 19th. Barclays raised their price objective on Portland General Electric from $47.00 to $53.00 and gave the company an "equal weight" rating in a research report on Tuesday, February 17th. UBS Group increased their price target on shares of Portland General Electric from $53.00 to $55.00 and gave the company a "neutral" rating in a report on Thursday, February 19th. Finally, 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 report on Tuesday, January 20th. Two investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $50.17.
Get Our Latest Stock Report on POR
Portland General Electric Trading Up 0.4%
The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.95 and a current ratio of 1.08. The stock's fifty day moving average is $52.43 and its 200 day moving average is $49.16. The stock has a market cap of $6.22 billion, a P/E ratio of 19.41, a P/E/G ratio of 3.04 and a beta of 0.62.
Portland General Electric (NYSE:POR - Get Free Report) last announced its quarterly earnings data on Tuesday, February 17th. The utilities provider reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by ($0.12). The firm had revenue of $889.00 million during the quarter, compared to the consensus estimate of $892.31 million. Portland General Electric had a return on equity of 8.52% and a net margin of 8.56%.During the same period in the previous year, the business earned $0.36 EPS. Portland General Electric has set its FY 2026 guidance at 3.330-3.530 EPS. As a group, equities research analysts predict that Portland General Electric Company will post 3.21 earnings per share for the current fiscal year.
Portland General Electric Dividend Announcement
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. The ex-dividend date of this dividend is Monday, March 23rd. This represents a $2.10 annualized dividend and a yield of 3.9%. Portland General Electric's dividend payout ratio (DPR) is presently 75.81%.
Insider Transactions at Portland General Electric
In other Portland General Electric news, EVP Benjamin Felton sold 4,969 shares of the firm's stock in a transaction dated 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 of the company's stock, valued at $2,200,298.36. This trade represents a 10.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.52% of the stock is currently owned by insiders.
Institutional Trading of Portland General Electric
Several institutional investors have recently added to or reduced their stakes in the company. V Square Quantitative Management LLC bought a new stake in shares of Portland General Electric during the fourth quarter valued at approximately $25,000. Private Trust Co. NA raised its stake in shares of Portland General Electric by 76.4% during the fourth quarter. Private Trust Co. NA now owns 552 shares of the utilities provider's stock valued at $26,000 after acquiring an additional 239 shares in the last quarter. Root Financial Partners LLC bought a new stake in shares of Portland General Electric during the third quarter valued at approximately $27,000. Johnson Financial Group Inc. bought a new stake in shares of Portland General Electric during the third quarter valued at approximately $27,000. Finally, Rothschild Investment LLC raised its stake in shares of Portland General Electric by 112.9% during the fourth quarter. Rothschild Investment LLC now owns 611 shares of the utilities provider's stock valued at $29,000 after acquiring an additional 324 shares in the last quarter.
About Portland General Electric
(
Get Free Report)
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.
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