NYSE:POR - Portland General Electric Stock Price, Forecast & News

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

Portland General Electric announced a quarterly dividend on Wednesday, October 30th. Investors of record on Thursday, December 26th will be given a dividend of $0.385 per share on Wednesday, January 15th. This represents a $1.54 annualized dividend and a yield of 2.58%. The ex-dividend date is Tuesday, December 24th. View Portland General Electric's Dividend History.

Portland General Electric (NYSE:POR) posted its earnings results on Friday, November, 1st. The utilities provider reported $0.61 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.59 by $0.02. The utilities provider had revenue of $542 million for the quarter, compared to analysts' expectations of $532.94 million. Portland General Electric had a return on equity of 7.95% and a net margin of 9.62%. The firm's revenue for the quarter was up 3.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.59 earnings per share. View Portland General Electric's Earnings History.

Portland General Electric is scheduled to release their next quarterly earnings announcement on Friday, February 14th 2020. View Earnings Estimates for Portland General Electric.

Portland General Electric will be holding an earnings conference call on Friday, February 14th 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 issued an update on its FY19 earnings guidance on Friday, November, 1st. The company provided earnings per share (EPS) guidance of $2.35-2.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.41.

4 analysts have issued 1 year price objectives for Portland General Electric's stock. Their forecasts range from $57.00 to $60.00. On average, they expect Portland General Electric's stock price to reach $58.67 in the next year. This suggests that the stock has a possible downside of 1.5%. View Analyst Price Targets for Portland General Electric.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Portland General Electric in the last year. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Portland General Electric.

Headlines about POR stock have trended somewhat positive recently, InfoTrie reports. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Portland General Electric earned a media sentiment score of 1.0 on InfoTrie's scale. They also gave press coverage about the utilities provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Portland General Electric.

Portland General Electric saw a increase in short interest in December. As of December 31st, there was short interest totalling 1,960,000 shares, an increase of 6.5% from the December 15th total of 1,840,000 shares. Based on an average daily trading volume, of 524,900 shares, the days-to-cover ratio is presently 3.7 days. Currently, 2.2% 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), Southern (SO), Duke Energy (DUK), American Electric Power (AEP), Exelon (EXC), Xcel Energy (XEL), Eversource Energy (ES), Edison International (EIX), FirstEnergy (FE), PPL (PPL), Entergy (ETR), Pinnacle West Capital (PNW), OGE Energy (OGE), IDACORP (IDA) and Hawaiian Electric Industries (HE).

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), Exxon Mobil (XOM), IBM (IBM), Altria Group (MO) and Philip Morris International (PM).

Portland General Electric's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Wedge Capital Management L L P NC (1.09%), Scout Investments Inc. (0.92%), Dalton Greiner Hartman Maher & Co. (0.37%), West Coast Financial LLC (0.09%), State of Alaska Department of Revenue (0.04%) and Bowling Portfolio Management LLC (0.03%). 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 Dalton Greiner Hartman Maher & Co., Bowling Portfolio Management LLC and West Coast Financial LLC. Company insiders that have sold Portland General Electric company stock in the last year include Bradley Young Jenkins, Kristin Anne Stathis, Larry Neal Bekkedahl and William O Nicholson. View Insider Buying and Selling for Portland General Electric.

POR stock was purchased by a variety of institutional investors in the last quarter, including Scout Investments Inc., Wedge Capital Management L L P NC, Zeke Capital Advisors LLC, Chapwood Capital Investment Management LLC, State of Alaska Department of Revenue, IMS Capital Management, Nisa Investment Advisors LLC and Cerebellum GP LLC. View Insider Buying and Selling 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 $59.59.

Portland General Electric has a market capitalization of $5.33 billion and generates $1.99 billion in revenue each year. The utilities provider earns $212 million in net income (profit) each year or $2.37 on an earnings per share basis. Portland General Electric employs 2,967 workers across the globe.View Additional Information About Portland General Electric.

The official website for Portland General Electric is http://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]