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 declared a quarterly dividend on Wednesday, February 12th. Shareholders 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 dividend on an annualized basis and a yield of 2.49%. The ex-dividend date is Tuesday, March 24th. View Portland General Electric's Dividend History.

Portland General Electric (NYSE:POR) posted its earnings results on Friday, February, 14th. The utilities provider reported $0.68 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.61 by $0.07. The utilities provider had revenue of $548 million for the quarter, compared to analysts' expectations of $537.30 million. Portland General Electric's quarterly revenue was down 4.4% compared to the same quarter last year. During the same period last year, the business posted $0.55 earnings per share. View Portland General Electric's Earnings History.

Portland General Electric is scheduled to release their next quarterly earnings announcement on Friday, April 24th 2020. View Earnings Estimates for Portland General Electric.

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 earnings per share estimate of $2.56.

5 equities research analysts have issued twelve-month target prices for Portland General Electric's stock. Their forecasts range from $59.00 to $61.00. On average, they expect Portland General Electric's stock price to reach $60.00 in the next twelve months. This suggests that the stock has a possible downside of 2.9%. View Analyst Price Targets for Portland General Electric.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Portland General Electric in the last year. There are currently 1 sell rating, 2 hold ratings 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 this week, according to InfoTrie. The research firm rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Portland General Electric earned a daily sentiment score of 2.0 on InfoTrie's scale. They also gave press 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 stock's share price in the next several days. View News Stories for Portland General Electric.

Portland General Electric saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 2,080,000 shares, an increase of 6.1% from the January 15th total of 1,960,000 shares. Based on an average trading volume of 503,500 shares, the short-interest ratio is currently 4.1 days. Currently, 2.3% of the shares of the company are short sold. View Portland General Electric's Current Options Chain.

Some companies that are related to Portland General Electric include Exelon (EXC), Xcel Energy (XEL), ALLETE (ALE), American Electric Power (AEP), Duke Energy (DUK), Edison International (EIX), El Paso Electric (EE), Entergy (ETR), Eversource Energy (ES), FirstEnergy (FE), Hawaiian Electric Industries (HE), IDACORP (IDA), MGE Energy (MGEE), NextEra Energy (NEE) and OGE Energy (OGE).

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 variety of of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (3.12%), Goldman Sachs Group Inc. (2.74%), State Street Corp (2.52%), AJO LP (2.42%), Mitsubishi UFJ Trust & Banking Corp (1.86%) and FMR LLC (1.70%). 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 LSV Asset Management, Lord Abbett & CO. LLC, FMR LLC, Panagora Asset Management Inc., Vaughan David Investments LLC IL, AJO LP, AQR Capital Management LLC and LNZ Capital LP. 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 acquired by a variety of institutional investors in the last quarter, including Mitsubishi UFJ Trust & Banking Corp, State Street Corp, Scout Investments Inc., Renaissance Technologies LLC, Jacobs Levy Equity Management Inc., Bank of Montreal Can, Russell Investments Group Ltd. and Rothschild & Co. Asset Management US Inc.. 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 $61.80.