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 4 hold ratings and 2 buy ratings 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 12 month target prices for Portland General Electric's stock. Their POR share price forecasts range from $45.00 to $53.00. On average, they predict the company's share price to reach $50.00 in the next twelve months. This suggests a possible upside of 2.4% from the stock's current price.
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Portland General Electric's stock was trading at $49.00 at the beginning of the year. Since then, POR stock has decreased by 0.3% and is now trading at $48.83.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our POR earnings forecast.

Portland General Electric (NYSE:POR) issued its earnings results on Thursday, October, 28th. The utilities provider reported $0.56 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.63 by $0.07. The utilities provider earned $642 million during the quarter, compared to analyst estimates of $550.87 million. Portland General Electric had a trailing twelve-month return on equity of 8.88% and a net margin of 8.76%. The company's revenue for the quarter was up 17.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.90 EPS.

Portland General Electric announced a quarterly dividend on Friday, February 10th. Investors of record on Monday, March 27th will be paid a dividend of $0.4525 per share on Monday, April 17th. This represents a $1.81 dividend on an annualized basis and a yield of 3.71%. The ex-dividend date of this dividend is Friday, March 24th. This is an increase from the stock's previous quarterly dividend of $0.45.
Read our dividend analysis for POR.

ETFs with the largest weight of Portland General Electric (NYSE:POR) stock in their portfolio include Invesco DWA Utilities Momentum ETF (PUI), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), KFA Value Line Dynamic Core Equity Index ETF (KVLE), Invesco S&P MidCap Low Volatility ETF (XMLV), iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV), ProShares Russell 2000 Dividend Growers ETF (SMDV), iShares U.S. Infrastructure ETF (IFRA) and Principal U.S. Small-Cap Multi-Factor ETF (PSC).

Portland General Electric (NYSE:POR) pays an annual dividend of $1.81 per share and currently has a dividend yield of 3.76%. The company has been increasing its dividend for 16 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 69.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, POR will have a dividend payout ratio of 58.77% 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 updated its FY 2023 earnings guidance on Monday, February, 20th. The company provided EPS guidance of $2.60-$2.75 for the period, compared to the consensus earnings per share estimate of $2.70. 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."

Portland General Electric's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Fuller & Thaler Asset Management Inc. (4.78%), JPMorgan Chase & Co. (3.29%), Principal Financial Group Inc. (2.19%), First Trust Advisors LP (1.89%), Geode Capital Management LLC (1.84%) and Nuance Investments LLC (1.51%). Insiders that own company stock include Bradley Young Jenkins, Brett Michael Sims, Dawn L Farrell, James P Torgerson, John Carter Mcfarland, John Teeruk Kochavatr, Kathryn Jean Jackson, Larry Neal Bekkedahl, M Lee Pelton and William David Robertson.
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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 $48.83.

Portland General Electric (NYSE:POR) has a market capitalization of $4.37 billion and generates $2.65 billion in revenue each year. The utilities provider earns $233 million in net income (profit) each year or $2.60 on an earnings per share basis.

The company employs 2,873 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.