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 stock has decreased by 20.6% and is now trading at $42.95. 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) posted its quarterly earnings results on Friday, April, 24th. The utilities provider reported $0.91 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.90 by $0.01. The utilities provider had revenue of $564 million for the quarter, compared to analyst estimates of $574.65 million. Portland General Electric had a net margin of 10.46% and a return on equity of 8.59%. The company's quarterly revenue was down 1.1% on a year-over-year basis. During the same period last year, the business posted $0.82 EPS. View Portland General Electric's earnings history.

Portland General Electric declared a quarterly dividend on Wednesday, April 22nd. Shareholders 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 3.59%. The ex-dividend date 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 EPS estimate of $2.56.

8 analysts have issued 1 year target prices for Portland General Electric's shares. Their forecasts range from $42.00 to $61.00. On average, they expect Portland General Electric's share price to reach $50.36 in the next twelve months. This suggests a possible upside of 17.2% from the stock's current price. View analysts' price targets for Portland General Electric.

Media stories about POR stock have trended somewhat negative this week, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Portland General Electric earned a daily sentiment score of -1.9 on InfoTrie's scale. They also gave news articles about the utilities provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutPortland General Electric.

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."

Portland General Electric's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.07%), JPMorgan Chase & Co. (4.29%), Mitsubishi UFJ Trust & Banking Corp (2.81%), State Street Corp (2.50%), Wellington Management Group LLP (2.42%) and AJO LP (2.09%). Company insiders that own Portland General Electric stock include Bradley Young Jenkins, Kristin Anne Stathis, Larry Neal Bekkedahl, William David Robertson 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 APG Asset Management N.V., Morgan Stanley, Morgan Stanley, AJO LP, Bank of New York Mellon Corp, Scout Investments Inc., Nuveen Asset Management LLC, and AQR Capital Management LLC. Company insiders that have sold Portland General Electric company stock in the last year include Bradley Young Jenkins, Kristin Anne Stathis, and William O Nicholson. View insider buying and selling activity for Portland General Electric.

POR stock was purchased by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Parnassus Investments CA, Mitsubishi UFJ Trust & Banking Corp, Bessemer Group Inc., Thrivent Financial for Lutherans, Victory Capital Management Inc., Victory Capital Management Inc., and BlackRock Inc.. 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 $42.95.

Portland General Electric has a market capitalization of $3.84 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]