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

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, July 31st. Investors of record on Wednesday, September 25th will be paid a dividend of $0.385 per share on Tuesday, October 15th. This represents a $1.54 annualized dividend and a dividend yield of 2.74%. The ex-dividend date of this dividend is Tuesday, September 24th. View Portland General Electric's Dividend History.

Portland General Electric (NYSE:POR) issued its quarterly earnings data on Friday, August, 2nd. The utilities provider reported $0.28 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.51 by $0.23. The utilities provider had revenue of $460 million for the quarter, compared to analyst estimates of $466.66 million. Portland General Electric had a net margin of 9.61% and a return on equity of 7.93%. The company's quarterly revenue was up 2.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.51 earnings per share. View Portland General Electric's Earnings History.

Portland General Electric is scheduled to release their next quarterly earnings announcement on Friday, October 25th 2019. View Earnings Estimates for Portland General Electric.

Portland General Electric updated its FY19 earnings guidance on Friday, August, 2nd. The company provided earnings per share (EPS) guidance of $2.35-2.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.45.

4 brokerages have issued twelve-month price targets for Portland General Electric's stock. Their forecasts range from $43.00 to $52.00. On average, they expect Portland General Electric's share price to reach $47.6667 in the next twelve months. This suggests that the stock has a possible downside of 15.2%. 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 and 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Portland General Electric.

News articles about POR stock have trended negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded 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 -2.3 on InfoTrie's scale. They also gave news stories about the utilities provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Portland General Electric.

Portland General Electric saw a drop in short interest during the month of July. As of July 15th, there was short interest totalling 736,100 shares, a drop of 7.6% from the June 15th total of 796,400 shares. Based on an average trading volume of 501,000 shares, the short-interest ratio is currently 1.5 days. Approximately 0.8% of the shares of the stock are sold short. View Portland General Electric's Current Options Chain.

Some companies that are related to Portland General Electric include Tenaga Nasional Bhd (TNABY), Fortis (FTS), Avangrid (AGR), CenterPoint Energy (CNP), SSE PLC/S (SSEZY), EDP-Energias de Portugal, S.A (EDPFY), CENTRAIS ELETRI/S (EBR), CENTRAIS ELETRI/S (EBR.B), Korea Electric Power (KEP), Vistra Energy (VST), Pinnacle West Capital (PNW), ENGIE BRASIL EN/S (EGIEY), Enel Americas (ENIA), NRG Energy (NRG) 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), Synchrony Financial (SYF), Celestica (CLS), NVIDIA (NVDA), PepsiCo (PEP), AT&T (T), Alibaba Group (BABA), Netflix (NFLX), Micron Technology (MU) and Cummins (CMI).

Portland General Electric's stock is owned by a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.86%), BlackRock Inc. (7.53%), JPMorgan Chase & Co. (4.40%), Renaissance Technologies LLC (2.61%), Northern Trust Corp (2.11%) and Panagora Asset Management Inc. (1.84%). Company insiders that own Portland General Electric stock include Bradley Young Jenkins, David Geophry Tafel, Larry Neal Bekkedahl and William David Robertson. View Institutional Ownership Trends for Portland General Electric.

POR stock was sold by a variety of institutional investors in the last quarter, including Commonwealth Bank of Australia, BlackRock Inc., Skandinaviska Enskilda Banken AB publ , Invesco Ltd., Dalton Greiner Hartman Maher & Co., APG Asset Management N.V., Russell Investments Group Ltd. and D. E. Shaw & Co. Inc.. Company insiders that have sold Portland General Electric company stock in the last year include Bradley Young Jenkins and Larry Neal Bekkedahl. View Insider Buying and Selling for Portland General Electric.

POR stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Carlson Capital L P, Scout Investments Inc., Bank of America Corp DE, Allianz Asset Management GmbH, Acadian Asset Management LLC, Carillon Tower Advisers Inc. and AQR Capital Management 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, Scottrade, Fidelity and Charles Schwab.

One share of POR stock can currently be purchased for approximately $56.20.

Portland General Electric has a market capitalization of $5.02 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]