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

Portland General Electric's stock was trading at $54.09 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, POR shares have decreased by 10.4% and is now trading at $48.48. View which stocks have been mosted impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Portland General Electric in the last year. There are currently 2 sell ratings, 3 hold ratings and 2 buy ratings 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, April 24th 2020. View our earnings forecast for Portland General Electric.

Portland General Electric (NYSE:POR) posted its earnings results on Friday, February, 14th. The utilities provider reported $0.68 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.61 by $0.07. The utilities provider had revenue of $548 million for the quarter, compared to analyst estimates of $537.30 million. Portland General Electric had a net margin of 10.08% and a return on equity of 8.36%. The firm's revenue was down 4.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.55 earnings per share. View Portland General Electric's earnings history.

Portland General Electric announced a quarterly dividend on Wednesday, February 12th. Stockholders of record on Wednesday, March 25th will be paid a dividend of $0.385 per share on Wednesday, April 15th. This represents a $1.54 annualized dividend and a yield of 3.18%. The ex-dividend date is Tuesday, March 24th. View Portland General Electric's dividend history.

Portland General Electric updated its FY20 earnings guidance on Friday, February, 14th. The company provided earnings per share (EPS) guidance of $2.50-2.65 for the period, compared to the Thomson Reuters consensus estimate of $2.56.

7 equities research analysts have issued twelve-month price targets 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 $54.80 in the next twelve months. This suggests a possible upside of 13.0% from the stock's current price. View analysts' price targets for Portland General Electric.

News articles about POR stock have trended very negative on Thursday, InfoTrie Sentiment reports. The research group scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Portland General Electric earned a news impact score of -3.3 on InfoTrie's scale. They also assigned news articles about the utilities provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutPortland General Electric.

Portland General Electric saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 1,560,000 shares, an increase of 18.2% from the February 13th total of 1,320,000 shares. Based on an average daily trading volume, of 590,000 shares, the short-interest ratio is presently 2.6 days. Approximately 1.8% of the company's shares are sold short. 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), Hawaiian Electric Industries (HE) and IDACORP (IDA).

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), PepsiCo (PEP), Synchrony Financial (SYF), 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 $48.48.

Portland General Electric has a market capitalization of $4.34 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. 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]