Portland General Electric Stock Price, News & Analysis (NYSE:POR)

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Portland General Electric in the last twelve months. There are currently 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" POR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in POR, but not buy additional shares or sell existing shares.
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9 analysts have issued 1 year price objectives for Portland General Electric's stock. Their POR share price targets range from $40.00 to $56.00. On average, they predict the company's stock price to reach $46.44 in the next year. This suggests a possible upside of 9.5% from the stock's current price.
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Portland General Electric's stock was trading at $49.00 at the beginning of the year. Since then, POR stock has decreased by 13.4% and is now trading at $42.43.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 15th 2024.
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Portland General Electric (NYSE:POR) issued its earnings results on Friday, October, 27th. The utilities provider reported $0.46 EPS for the quarter, missing the consensus estimate of $0.54 by $0.08. The utilities provider had revenue of $802 million for the quarter, compared to analysts' expectations of $741.72 million. Portland General Electric had a net margin of 7.28% and a trailing twelve-month return on equity of 7.33%. The firm's revenue was up 7.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.65 earnings per share.

Portland General Electric announced a quarterly dividend on Friday, October 20th. Investors of record on Tuesday, December 26th will be paid a dividend of $0.475 per share on Monday, January 15th. This represents a $1.90 dividend on an annualized basis and a yield of 4.48%. The ex-dividend date of this dividend is Friday, December 22nd.
Read our dividend analysis for POR.

Portland General Electric (NYSE:POR) pays an annual dividend of $1.90 per share and currently has a dividend yield of 4.53%. POR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 18 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 85.97%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, POR will have a dividend payout ratio of 61.29% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for POR.

ETFs with the largest weight of Portland General Electric (NYSE:POR) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), Invesco Dorsey Wright Utilities Momentum ETF (PUI), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), KFA Value Line Dynamic Core Equity Index ETF (KVLE), Burney U.S. Factor Rotation ETF (BRNY), iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV), Principal U.S. Small-Cap Multi-Factor ETF (PSC) and Vanguard Russell 2000 Value ETF (VTWV).

Portland General Electric issued an update on its FY 2023 earnings guidance on Friday, October, 27th. The company provided earnings per share (EPS) guidance of $2.60-$2.65 for the period, compared to the consensus earnings per share estimate of $2.65. The company issued revenue guidance of -.

40 employees have rated Portland General Electric Chief Executive Officer Maria Pope on Glassdoor.com. Maria Pope has an approval rating of 82% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Portland General Electric investors own include General Electric (GE), AT&T (T), International Business Machines (IBM), Celestica (CLS), Synchrony Financial (SYF), Energy Transfer (ET), Exxon Mobil (XOM), Enterprise Products Partners (EPD), JPMorgan Chase & Co. (JPM) and PepsiCo (PEP).

Portland General Electric's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include JPMorgan Chase & Co. (3.01%), Massachusetts Financial Services Co. MA (2.57%), Wellington Management Group LLP (2.48%), Fuller & Thaler Asset Management Inc. (1.92%), Principal Financial Group Inc. (1.85%) and Bank of New York Mellon Corp (1.82%). Insiders that own company stock include Anne Frances Mersereau, Bradley Young Jenkins, Brett Michael Sims, Dawn L Farrell, James P Torgerson, John Carter Mcfarland, John Teeruk Kochavatr, Kathryn Jean Jackson, Larry Neal Bekkedahl, M Lee Pelton and William David Robertson.
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Shares of POR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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