NYSE:PORPortland General Electric Stock Price, Forecast & News

Portland General Electric's stock was trading at $54.09 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, POR shares have decreased by 22.5% and is now trading at $41.94. View which stocks have been most impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Portland General Electric in the last year. There are currently 1 sell rating, 6 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Portland General Electric.

Portland General Electric is scheduled to release its next quarterly earnings announcement on Friday, August 7th 2020. View our earnings forecast for Portland General Electric.

Portland General Electric (NYSE:POR) released its quarterly earnings results on Friday, April, 24th. The utilities provider reported $0.91 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.90 by $0.01. The utilities provider earned $564 million during the quarter, compared to analyst estimates of $574.65 million. Portland General Electric had a return on equity of 8.59% and a net margin of 10.46%. Portland General Electric's revenue for the quarter was down 1.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.82 earnings per share. View Portland General Electric's earnings history.

Portland General Electric announced a quarterly dividend on Wednesday, April 22nd. Stockholders of record on Thursday, June 25th will be given a dividend of $0.385 per share on Wednesday, July 15th. This represents a $1.54 dividend on an annualized basis and a yield of 3.67%. The ex-dividend date of this dividend is Wednesday, June 24th. View Portland General Electric's dividend history.

Portland General Electric issued an update on its FY20 earnings guidance on Friday, April, 24th. The company provided earnings per share (EPS) guidance of $2.20-2.50 for the period, compared to the Thomson Reuters consensus estimate of $2.56.

8 brokerages have issued 1 year price objectives for Portland General Electric's stock. Their forecasts range from $42.00 to $61.00. On average, they anticipate Portland General Electric's share price to reach $50.36 in the next twelve months. This suggests a possible upside of 20.1% from the stock's current price. View analysts' price targets for Portland General Electric.

Headlines about POR stock have trended negative this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Portland General Electric earned a news sentiment score of -2.1 on InfoTrie's scale. They also assigned news coverage about the utilities provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news about Portland General Electric.

Portland General Electric saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 1,700,000 shares, an increase of 20.6% from the June 15th total of 1,410,000 shares. Based on an average daily trading volume, of 781,200 shares, the short-interest ratio is presently 2.2 days. Currently, 1.9% of the shares of the stock are short sold. View Portland General Electric's Current Options Chain.

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), FirstEnergy (FE), Edison International (EIX), PPL (PPL), Entergy (ETR), Pinnacle West Capital (PNW), OGE Energy (OGE), IDACORP (IDA) and Hawaiian Electric Industries (HE). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Portland General Electric investors own include General Electric (GE), AT&T (T), Celestica (CLS), Synchrony Financial (SYF), PepsiCo (PEP), Energy Transfer LP Unit (ET), IBM (IBM), Altria Group (MO), Exxon Mobil (XOM) and Philip Morris International (PM).

Portland General Electric trades on the New York Stock Exchange (NYSE) under the ticker symbol "POR."

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 $41.94.

Portland General Electric has a market capitalization of $3.75 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]