NYSE:PORPortland General Electric Stock Price, Forecast & News

Portland General Electric's stock was trading at $54.09 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, POR stock has decreased by 21.0% and is now trading at $42.71. 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) announced its quarterly earnings data on Friday, April, 24th. The utilities provider reported $0.91 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 analysts' expectations of $574.65 million. Portland General Electric had a return on equity of 8.59% and a net margin of 10.46%. The firm's revenue for the quarter was down 1.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.82 earnings per share. 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 annualized dividend and a yield of 3.61%. The ex-dividend date of this dividend 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 guidance of $2.20-2.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.56.

8 brokers have issued twelve-month price objectives for Portland General Electric's stock. 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 year. This suggests a possible upside of 17.9% from the stock's current price. View analysts' price targets for Portland General Electric.

Media stories about POR stock have been trending negative recently, InfoTrie reports. The research firm rates the sentiment of news coverage by monitoring 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 five, with scores nearest to five being the most favorable. Portland General Electric earned a news impact score of -2.1 on InfoTrie's scale. They also gave headlines about the utilities provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news about Portland General Electric.

Portland General Electric saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 1,700,000 shares, an increase of 20.6% from the June 15th total of 1,410,000 shares. Based on an average trading volume of 781,200 shares, the days-to-cover ratio is currently 2.2 days. Approximately 1.9% 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 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."

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 $42.71.

Portland General Electric has a market capitalization of $3.82 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]