Portland General Electric - POR Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Portland General Electric in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" POR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in POR, but not buy additional shares or sell existing shares.
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6 brokerages have issued twelve-month target prices for Portland General Electric's stock. Their POR share price forecasts range from $49.00 to $58.00. On average, they predict the company's share price to reach $52.00 in the next twelve months. This suggests a possible upside of 14.8% from the stock's current price.
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Portland General Electric's stock was trading at $52.92 at the beginning of the year. Since then, POR stock has decreased by 14.4% and is now trading at $45.31.
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The company is scheduled to release its next quarterly earnings announcement on Friday, November 4th 2022.
View our POR earnings forecast.

Portland General Electric (NYSE:POR) posted its quarterly earnings results on Thursday, July, 28th. The utilities provider reported $0.72 earnings per share for the quarter, beating analysts' consensus estimates of $0.61 by $0.11. The utilities provider earned $591 million during the quarter, compared to analyst estimates of $531.67 million. Portland General Electric had a net margin of 9.73% and a trailing twelve-month return on equity of 8.87%. The company's quarterly revenue was up 10.1% compared to the same quarter last year. During the same period last year, the business earned $0.36 earnings per share.

Portland General Electric declared a quarterly dividend on Friday, July 22nd. Investors of record on Monday, September 26th will be given a dividend of $0.4525 per share on Monday, October 17th. This represents a $1.81 annualized dividend and a yield of 3.99%. The ex-dividend date of this dividend is Friday, September 23rd.
Read our dividend analysis for POR.

Portland General Electric (NYSE:POR) pays an annual dividend of $1.81 per share and currently has a dividend yield of 4.16%. POR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 15 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 67.54%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, POR will have a dividend payout ratio of 63.07% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for POR.

Portland General Electric issued an update on its FY 2022 earnings guidance on Thursday, August, 4th. The company provided EPS guidance of $2.74-$2.89 for the period, compared to the consensus earnings per share estimate of $2.59. The company issued revenue guidance of -.

40 employees have rated Portland General Electric Chief Executive Officer Maria Pope on Glassdoor.com. Maria Pope has an approval rating of 82% among the company's employees.

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."

Shares of POR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of POR stock can currently be purchased for approximately $45.31.

Portland General Electric (NYSE:POR) has a market capitalization of $4.04 billion and generates $2.40 billion in revenue each year. The utilities provider earns $244 million in net income (profit) each year or $2.68 on an earnings per share basis.

The company employs 2,839 workers across the globe.

Portland General Electric's mailing address is 121 SW SALMON STREET, PORTLAND OR, 97204. The official website for the company is www.portlandgeneral.com. The utilities provider can be reached via phone at (503) 464-8000, via email at investors@pgn.com, or via fax at 503-464-2507.