About Portland General Electric Company (NYSE:POR)
Portland General Electric Company is an electric utility that is engaged in the wholesale purchase, transmission, distribution and retail sale of electricity in the State of Oregon. Its service area allocation of approximately 4,000 square miles is located entirely within Oregon and includes approximately 51 incorporated cities, of which Portland and Salem. It has five natural gas-fired generating facilities, which include Port Westward Unit 1 (PW1), Port Westward Unit 2 (PW2), Beaver natural gas-fired generating plant (Beaver), Coyote Springs Unit 1 (Coyote Springs) and Carty natural gas-fired generating plant (Carty). As of December 31, 2016, the Company owned and operated two wind farms, Biglow Canyon Wind Farm (Biglow Canyon) and Tucannon River Wind Farm (Tucannon River). The Company's hydroelectric projects consist of Pelton/Round Butte on the Deschutes River near Madras, Oregon, four plants on the Clackamas River, and one on the Willamette River.
Industry, Sector and Symbol:
- Sector: Utilities
- Industry: Electric Utilities
- Sub-Industry: Electric Utilities
- Symbol: NYSE:POR
- CUSIP: 73650884
- Web: www.portlandgeneral.com
- Market Cap: $4.04079 billion
- Outstanding Shares: 89,062,000
- 50 Day Moving Avg: $46.40
- 200 Day Moving Avg: $46.07
- 52 Week Range: $40.71 - $48.22
Sales & Book Value:
- Trailing P/E Ratio: 20.25
- Foreward P/E Ratio: 19.39
- P/E Growth: 4.07
- Annual Revenue: $1.99 billion
- Price / Sales: 2.03
- Book Value: $26.86 per share
- Price / Book: 1.69
- Annual Dividend: $1.36
- Dividend Yield: 3.0%
- EBITDA: $687 million
- Net Margins: 10.06%
- Return on Equity: 8.48%
- Return on Assets: 2.64%
- Debt-to-Equity Ratio: 0.92%
- Current Ratio: 0.80%
- Quick Ratio: 0.64%
- Average Volume: 625,549 shs.
- Beta: 0.28
- Short Ratio: 2.21
Frequently Asked Questions for Portland General Electric Company (NYSE:POR)
What is Portland General Electric Company's stock symbol?
Portland General Electric Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "POR."
How often does Portland General Electric Company pay dividends? What is the dividend yield for Portland General Electric Company?
Portland General Electric Company announced a quarterly dividend on Wednesday, July 26th. Stockholders of record on Monday, September 25th will be given a dividend of $0.34 per share on Monday, October 16th. This represents a $1.36 annualized dividend and a dividend yield of 3.00%. The ex-dividend date is Friday, September 22nd. View Portland General Electric Company's Dividend History.
How were Portland General Electric Company's earnings last quarter?
Portland General Electric Company (NYSE:POR) posted its quarterly earnings results on Friday, July, 28th. The company reported $0.36 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.44 by $0.08. The company earned $449 million during the quarter, compared to analysts' expectations of $465.70 million. Portland General Electric Company had a net margin of 10.06% and a return on equity of 8.48%. The firm's revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.42 earnings per share. View Portland General Electric Company's Earnings History.
When will Portland General Electric Company make its next earnings announcement?
What guidance has Portland General Electric Company issued on next quarter's earnings?
Portland General Electric Company issued an update on its FY17 earnings guidance on Friday, July, 28th. The company provided earnings per share guidance of $2.20-2.35 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.25.
Where is Portland General Electric Company's stock going? Where will Portland General Electric Company's stock price be in 2017?
7 equities research analysts have issued twelve-month price targets for Portland General Electric Company's stock. Their forecasts range from $39.00 to $47.00. On average, they expect Portland General Electric Company's share price to reach $42.75 in the next year. View Analyst Ratings for Portland General Electric Company.
Who are some of Portland General Electric Company's key competitors?
Some companies that are related to Portland General Electric Company include NRG Energy (NRG), Westar Energy (WR), Empresa Nacional de Electricidad S.A. (EOCC), OGE Energy Corporation (OGE), The AES Corporation (AES), Scana Corporation (SCG), Great Plains Energy (GXP), Pepco Holdings LLC (POM), Calpine Corporation (CPN), Pampa Energia S.A. (PAM), IDACORP (IDA), Allete (ALE), Hawaiian Electric Industries (HE), PNM Resources, Inc. (Holding Co.) (PNM), Ormat Technologies (ORA), UIL Holdings (UIL), NorthWestern Corporation (NWE) and Capital Power Corp (CPX).
Who are Portland General Electric Company's key executives?
Portland General Electric Company's management team includes the folowing people:
- Jack E. Davis, Independent Chairman of the Board
- James J. Piro, Chief Executive Officer, Director
- James F. Lobdell, Chief Financial Officer, Senior Vice President - Finance, Treasurer
- William O. Nicholson, Senior Vice President - Customer Service, Transmission and Distribution
- Maria MacGregor Pope, President, Chief Executive Officer, Senior Vice President - Power Supply, Operations and Resource Strategy , Director
- Kristin A. Stathis, Vice President - Customer Service Operations
- Campbell A. Henderson, Chief Information Officer, Vice President - Information Technology
- Anne F. Mersereau, Vice President - Human Resources Diversity and Inclusion
- Larry N. Bekkedahl, Vice President - Transmission and Distribution
- Carol A. Dillin, Vice President - Customers Strategies and Business Development
Who owns Portland General Electric Company stock?
Portland General Electric Company's stock is owned by many different of institutional and retail investors. Top institutional investors include APG Asset Management N.V. (0.33%), Mutual of America Capital Management LLC (0.10%), Robeco Institutional Asset Management B.V. (0.06%) and Meeder Asset Management Inc. (0.01%). Company insiders that own Portland General Electric Company stock include Campbell A Henderson, Maria M Pope and William O Nicholson. View Institutional Ownership Trends for Portland General Electric Company.
Who sold Portland General Electric Company stock? Who is selling Portland General Electric Company stock?
Portland General Electric Company's stock was sold by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V. and Meeder Asset Management Inc.. Company insiders that have sold Portland General Electric Company stock in the last year include Campbell A Henderson, Maria M Pope and William O Nicholson. View Insider Buying and Selling for Portland General Electric Company.
Who bought Portland General Electric Company stock? Who is buying Portland General Electric Company stock?
How do I buy Portland General Electric Company stock?
Shares of Portland General Electric Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Portland General Electric Company's stock price today?
MarketBeat Community Rating for Portland General Electric Company (NYSE POR)MarketBeat's community ratings are surveys of what our community members think about Portland General Electric Company and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Portland General Electric Company stock can currently be purchased for approximately $45.37.
Consensus Ratings for Portland General Electric Company (NYSE:POR) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||4 Sell Ratings, 3 Hold Ratings|
|Consensus Rating:||Sell (Score: 1.43)|
|Consensus Price Target: ||$42.75 (5.77% downside)|Consensus Price Target History for Portland General Electric Company (NYSE:POR)
Analysts' Ratings History for Portland General Electric Company (NYSE:POR)
(Data available from 10/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/12/2017||J P Morgan Chase & Co||Boost Price Target||Neutral||$46.00 -> $47.00||N/A|
|7/24/2017||Williams Capital||Downgrade||Hold -> Sell||$44.00 -> $41.00||High|
|4/23/2017||Barclays PLC||Reiterated Rating||Underweight||$41.00 -> $44.00||Low|
|2/21/2017||Wolfe Research||Downgrade||Market Perform -> Underperform||N/A|
|11/22/2016||Bank of America Corporation||Downgrade||Neutral -> Underperform||$39.00||N/A|
|6/6/2016||Goldman Sachs Group, Inc. (The)||Downgrade||Neutral -> Sell||$39.00 -> $38.00||N/A|
|4/18/2016||Deutsche Bank AG||Reiterated Rating||Hold||N/A|
|3/4/2016||Wellington Shields||Downgrade||Buy -> Hold||N/A|
Earnings History for Portland General Electric Company (NYSE:POR)Earnings History by Quarter for Portland General Electric Company (NYSE POR)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/28/2017||Q2 2017||$0.44||$0.36||$465.70 million||$449.00 million||View||N/A|
|4/28/2017||Q1 2017||$0.82||$0.82||$521.97 million||$530.00 million||View||N/A|
|2/17/2017||Q416||$0.64||$0.68||$529.73 million||$524.00 million||View||N/A|
|10/28/2016||Q316||$0.42||$0.38||$473.00 million||$484.00 million||View||Listen|
|8/3/2016||Q2||$0.43||$0.42||$439.08 million||$428.00 million||View||N/A|
|4/29/2016||Q116||$0.61||$0.68||$520.83 million||$487.00 million||View||Listen|
|2/12/2016||Q415||$0.62||$0.57||$544.91 million||$499.00 million||View||Listen|
|10/27/2015||Q315||$0.48||$0.40||$494.31 million||$476.00 million||View||Listen|
|7/28/2015||Q215||$0.41||$0.44||$443.68 million||$420.00 million||View||Listen|
|4/28/2015||Q115||$0.73||$0.62||$499.00 million||$473.00 million||View||Listen|
|2/13/2015||Q414||$0.52||$0.55||$551.11 million||$500.00 million||View||Listen|
|10/28/2014||Q314||$0.48||$0.47||$501.74 million||$484.00 million||View||Listen|
|7/29/2014||Q214||$0.36||$0.43||$418.14 million||$423.00 million||View||Listen|
|4/29/2014||Q114||$0.75||$0.73||$473.00 million||$493.00 million||View||N/A|
|2/14/2014||Q413||$0.49||$0.59||$476.82 million||$499.00 million||View||Listen|
|11/1/2013||Q313||$0.43||$0.40||$451.45 million||$435.00 million||View||N/A|
|8/2/2013||Q2 2013||$0.35||($0.29)||$357.47 million||$403.00 million||View||N/A|
|5/1/2013||Q1 2013||$0.64||$0.65||$536.92 million||$473.00 million||View||N/A|
|2/22/2013||Q4 2012||$0.41||$0.38||$489.19 million||$463.00 million||View||N/A|
|11/8/2012||Q312||$0.47||$0.50||$429.09 million||$450.00 million||View||N/A|
Earnings Estimates for Portland General Electric Company (NYSE:POR)
2017 EPS Consensus Estimate: $2.35
2018 EPS Consensus Estimate: $2.30
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Portland General Electric Company (NYSE:POR)
|Most Recent Dividend:||10/16/2017|
|Dividend Growth:||4.40% (3 Year Average)|
|Payout Ratio:||60.71% (Trailing 12 Months of Earnings) |
60.44% (Based on This Year's Estimates)
58.12% (Based on Next Year's Estimates)
|Track Record:||11 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Portland General Electric Company (NYSE POR)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Portland General Electric Company (NYSE:POR)
Insider Ownership Percentage: 0.55%Insider Trades by Quarter for Portland General Electric Company (NYSE:POR)
Institutional Ownership Percentage: 93.16%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/16/2017||Campbell A Henderson||VP||Sell||3,000||$45.01||$135,030.00|| |
|5/16/2017||William O Nicholson||Insider||Sell||6,000||$45.10||$270,600.00|| |
|3/14/2017||Maria M Pope||Insider||Sell||10,838||$44.07||$477,630.66|| |
|5/9/2016||Maria M Pope||VP||Sell||13,500||$41.60||$561,600.00|| |
|11/3/2015||William O Nicholson||VP||Sell||5,700||$36.69||$209,133.00|| |
|9/2/2015||James F Lobdell||CFO||Sell||8,955||$33.47||$299,723.85|| |
|9/2/2015||William David Robertson||VP||Sell||2,226||$33.69||$74,993.94|| |
|5/18/2015||Maria M Pope||VP||Sell||8,451||$35.00||$295,785.00|| |
|3/6/2015||Arleen N Barnett||VP||Sell||8,660||$35.62||$308,469.20|| |
|5/16/2014||Maria Pope||VP||Sell||8,367||$32.80||$274,437.60|| |
|9/13/2013||Arleen Barnett||VP||Sell||2,200||$27.80||$61,160.00|| |
|3/13/2013||William David Robertson||VP||Sell||2,100||$29.82||$62,622.00|| |
Headline Trends for Portland General Electric Company (NYSE:POR)
Latest Headlines for Portland General Electric Company (NYSE:POR)
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Portland General Electric Company (POR) Chart for Sunday, October, 22, 2017