What is KeyCorp's Forecast for POR FY2026 Earnings?

Portland General Electric Company (NYSE:POR - Free Report) - Stock analysts at KeyCorp increased their FY2026 earnings per share (EPS) estimates for shares of Portland General Electric in a research report issued to clients and investors on Wednesday, October 15th. KeyCorp analyst S. Karp now forecasts that the utilities provider will earn $3.41 per share for the year, up from their previous forecast of $3.40. The consensus estimate for Portland General Electric's current full-year earnings is $3.21 per share.

Portland General Electric (NYSE:POR - Get Free Report) last issued its earnings results on Friday, July 25th. The utilities provider reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.01. The company had revenue of $807.00 million during the quarter, compared to analysts' expectations of $797.97 million. Portland General Electric had a return on equity of 8.07% and a net margin of 8.43%.Portland General Electric's quarterly revenue was up 6.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.69 EPS. Portland General Electric has set its FY 2025 guidance at 3.130-3.330 EPS.

Several other brokerages have also recently weighed in on POR. Weiss Ratings restated a "hold (c)" rating on shares of Portland General Electric in a report on Wednesday, October 8th. Barclays dropped their target price on Portland General Electric from $45.00 to $43.00 and set an "equal weight" rating for the company in a report on Tuesday, July 22nd. Finally, Zacks Research raised Portland General Electric from a "strong sell" rating to a "hold" rating in a research report on Monday, August 18th. Two equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $45.40.

Portland General Electric Trading Up 0.2%

Shares of POR stock opened at $43.90 on Friday. The stock has a market capitalization of $4.81 billion, a PE ratio of 16.20, a P/E/G ratio of 4.01 and a beta of 0.62. Portland General Electric has a 1-year low of $39.54 and a 1-year high of $49.85. The business has a 50-day moving average of $42.85 and a 200 day moving average of $42.09. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.97 and a quick ratio of 0.84.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Burney Co. raised its position in shares of Portland General Electric by 16.4% in the 3rd quarter. Burney Co. now owns 73,270 shares of the utilities provider's stock worth $3,224,000 after acquiring an additional 10,340 shares in the last quarter. Blue Trust Inc. raised its position in shares of Portland General Electric by 22.7% in the 3rd quarter. Blue Trust Inc. now owns 4,027 shares of the utilities provider's stock worth $177,000 after acquiring an additional 746 shares in the last quarter. CWM LLC raised its position in shares of Portland General Electric by 66.1% in the 3rd quarter. CWM LLC now owns 42,929 shares of the utilities provider's stock worth $1,889,000 after acquiring an additional 17,077 shares in the last quarter. Pacer Advisors Inc. bought a new position in shares of Portland General Electric in the 3rd quarter worth approximately $1,103,000. Finally, Spirit of America Management Corp NY raised its position in shares of Portland General Electric by 15.4% in the 3rd quarter. Spirit of America Management Corp NY now owns 16,900 shares of the utilities provider's stock worth $744,000 after acquiring an additional 2,250 shares in the last quarter.

Insider Buying and Selling at Portland General Electric

In other Portland General Electric news, Director Michael A. Lewis sold 1,937 shares of the company's stock in a transaction that occurred on Monday, July 21st. The stock was sold at an average price of $40.10, for a total transaction of $77,673.70. Following the completion of the transaction, the director owned 13,509 shares of the company's stock, valued at $541,710.90. This represents a 12.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Joseph R. Trpik, Jr. sold 2,603 shares of the company's stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $41.35, for a total value of $107,634.05. Following the transaction, the chief financial officer directly owned 27,089 shares of the company's stock, valued at $1,120,130.15. The trade was a 8.77% decrease in their position. The disclosure for this sale can be found here. Insiders sold 23,436 shares of company stock valued at $988,388 in the last 90 days. Insiders own 0.40% of the company's stock.

About Portland General Electric

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.

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