Portland General Electric Stock Forecast, Price & News

Portland General Electric's stock was trading at $54.09 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, POR shares have decreased by 31.1% and is now trading at $37.29.
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10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Portland General Electric in the last year. There are currently 5 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Portland General Electric is scheduled to release its next quarterly earnings announcement on Friday, October 30th 2020.
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Portland General Electric will be holding an earnings conference call on Friday, October 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Portland General Electric (NYSE:POR) released its quarterly earnings data on Friday, July, 31st. The utilities provider reported $0.43 EPS for the quarter, beating the Zacks' consensus estimate of $0.33 by $0.10. The utilities provider had revenue of $469 million for the quarter, compared to analyst estimates of $455.83 million. Portland General Electric had a net margin of 11.07% and a return on equity of 9.04%. The firm's revenue for the quarter was up 2.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.28 earnings per share.
View Portland General Electric's earnings history.

Portland General Electric declared a quarterly dividend on Friday, July 31st. Shareholders of record on Friday, September 25th will be paid a dividend of $0.4075 per share on Thursday, October 15th. This represents a $1.63 dividend on an annualized basis and a yield of 4.37%. The ex-dividend date is Thursday, September 24th. This is an increase from Portland General Electric's previous quarterly dividend of $0.39.
View Portland General Electric's dividend history.

Portland General Electric updated its FY20 earnings guidance on Wednesday, September, 2nd. The company provided earnings per share (EPS) guidance of $1.40-$1.60 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.60.

10 analysts have issued 1-year target prices for Portland General Electric's shares. Their forecasts range from $38.00 to $52.00. On average, they expect Portland General Electric's share price to reach $42.44 in the next twelve months. This suggests a possible upside of 13.8% from the stock's current price.
View analysts' price targets for Portland General Electric.

Portland General Electric saw a increase in short interest in September. As of September 15th, there was short interest totaling 2,290,000 shares, an increase of 16.8% from the August 31st total of 1,960,000 shares. Based on an average daily volume of 1,080,000 shares, the short-interest ratio is currently 2.1 days. Approximately 2.6% of the shares of the stock are sold short.
View Portland General Electric's Short Interest.

Some companies that are related to Portland General Electric include NextEra Energy (NEE), Duke Energy (DUK), Southern (SO), American Electric Power (AEP), Exelon (EXC), Xcel Energy (XEL), Eversource Energy (ES), Edison International (EIX), PPL (PPL), Entergy (ETR), FirstEnergy (FE), Pinnacle West Capital (PNW), OGE Energy (OGE), IDACORP (IDA) and PNM Resources (PNM).
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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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "POR."

Portland General Electric's stock is owned by a number of institutional and retail investors. Top institutional investors include Wedge Capital Management L L P NC (1.32%), Assenagon Asset Management S.A. (0.12%), Envestnet Asset Management Inc. (0.11%), Redpoint Investment Management Pty Ltd (0.03%), State of Alaska Department of Revenue (0.03%) and Bowling Portfolio Management LLC (0.01%). Company insiders that own Portland General Electric stock include Bradley Young Jenkins, Kristin Anne Stathis, Larry Neal Bekkedahl and William O Nicholson.
View institutional ownership trends for Portland General Electric.

POR stock was sold by a variety of institutional investors in the last quarter, including Bowling Portfolio Management LLC, State of Alaska Department of Revenue, and Envestnet Asset Management Inc.. Company insiders that have sold Portland General Electric company stock in the last year include Bradley Young Jenkins, and William O Nicholson.
View insider buying and selling activity for Portland General Electric.

POR stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Wedge Capital Management L L P NC, Vestmark Advisory Solutions Inc., Whitehelm Capital Pty Ltd, Redpoint Investment Management Pty Ltd, First Hawaiian Bank, and TRUE Private Wealth Advisors.
View insider buying and selling activity for Portland General Electric.

Shares of POR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of POR stock can currently be purchased for approximately $37.29.

Portland General Electric has a market capitalization of $3.34 billion and generates $2.12 billion in revenue each year. The utilities provider earns $214 million in net income (profit) each year or $2.39 on an earnings per share basis. Portland General Electric employs 2,949 workers across the globe.

The official website for Portland General Electric is www.portlandgeneral.com.

Portland General Electric's mailing address is 121 SW SALMON STREET, PORTLAND OR, 97204. The utilities provider can be reached via phone at 503-464-8000 or via email at [email protected]