Portland General Electric (POR) to Release Earnings on Friday

Portland General Electric (NYSE:POR - Get Free Report) is expected to be issuing its Q2 2025 quarterly earnings data before the market opens on Friday, July 25th. Analysts expect the company to announce earnings of $0.72 per share and revenue of $797.97 million for the quarter. Portland General Electric has set its FY 2025 guidance at 3.130-3.330 EPS.

Portland General Electric (NYSE:POR - Get Free Report) last released its quarterly earnings results on Friday, April 25th. The utilities provider reported $0.91 earnings per share for the quarter, missing analysts' consensus estimates of $0.93 by ($0.02). The company had revenue of $928.00 million during the quarter, compared to analysts' expectations of $977.02 million. Portland General Electric had a return on equity of 8.24% and a net margin of 8.84%. The firm's revenue was down .1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.21 EPS. On average, analysts expect Portland General Electric to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Portland General Electric Stock Up 1.8%

Shares of Portland General Electric stock traded up $0.71 on Monday, hitting $40.73. 1,611,819 shares of the company's stock traded hands, compared to its average volume of 1,072,823. The company has a quick ratio of 0.94, a current ratio of 1.06 and a debt-to-equity ratio of 1.28. The stock has a market cap of $4.46 billion, a P/E ratio of 14.34, a PEG ratio of 3.72 and a beta of 0.56. Portland General Electric has a 52-week low of $39.55 and a 52-week high of $49.85. The firm's 50-day moving average is $41.25 and its 200 day moving average is $42.22.

Portland General Electric Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Thursday, September 25th will be given a dividend of $0.525 per share. The ex-dividend date is Thursday, September 25th. This represents a $2.10 dividend on an annualized basis and a yield of 5.16%. Portland General Electric's payout ratio is presently 73.94%.

Hedge Funds Weigh In On Portland General Electric

Institutional investors have recently bought and sold shares of the company. United Services Automobile Association bought a new position in Portland General Electric during the first quarter worth $271,000. Focus Partners Wealth boosted its position in shares of Portland General Electric by 13.0% in the first quarter. Focus Partners Wealth now owns 8,812 shares of the utilities provider's stock valued at $393,000 after acquiring an additional 1,017 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Portland General Electric by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 61,949 shares of the utilities provider's stock worth $2,763,000 after purchasing an additional 2,717 shares during the period. Millennium Management LLC raised its stake in Portland General Electric by 465.5% during the first quarter. Millennium Management LLC now owns 151,134 shares of the utilities provider's stock worth $6,741,000 after acquiring an additional 124,410 shares in the last quarter. Finally, Royal Bank of Canada increased its stake 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 buying an additional 11,141 shares in the last quarter.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on POR shares. Wall Street Zen upgraded Portland General Electric from a "sell" rating to a "hold" rating in a report on Friday, April 25th. UBS Group upgraded Portland General Electric from a "neutral" rating to a "buy" rating and lifted their price target for the company from $47.00 to $50.00 in a research note on Monday, May 5th. Barclays cut their price target on shares of Portland General Electric from $48.00 to $45.00 and set an "equal weight" rating for the company in a research report on Wednesday, April 30th. Wells Fargo & Company dropped their target price on shares of Portland General Electric from $46.00 to $44.00 and set an "equal weight" rating for the company in a report on Monday, April 28th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Portland General Electric from $46.00 to $45.00 and set a "neutral" rating for the company in a research note on Monday, May 19th. One analyst has rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $45.60.

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.