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 announced a quarterly dividend on Wednesday, February 12th. Investors of record on Wednesday, March 25th will be given a dividend of $0.385 per share on Wednesday, April 15th. This represents a $1.54 dividend on an annualized basis and a dividend yield of 2.47%. The ex-dividend date is Tuesday, March 24th. View Portland General Electric's Dividend History.

Portland General Electric (NYSE:POR) posted its quarterly earnings data on Friday, February, 14th. The utilities provider reported $0.68 EPS for the quarter, topping the Zacks' consensus estimate of $0.61 by $0.07. The utilities provider had revenue of $548 million for the quarter, compared to the consensus estimate of $537.30 million. Portland General Electric had a net margin of 10.08% and a return on equity of 8.39%. The firm's quarterly revenue was down 4.4% on a year-over-year basis. During the same quarter in the previous 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 issued an update on 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 year. This suggests that the stock has a possible downside of 3.7%. 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.

Press coverage about POR stock has been trending very negative recently, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by reviewing more than six thousand blog and news 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 -3.1 on InfoTrie's scale. They also gave news coverage about the utilities provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the near future. View News Stories for Portland General Electric.

Portland General Electric saw a increase in short interest in 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 daily trading volume, of 503,500 shares, the days-to-cover ratio is currently 4.1 days. Currently, 2.3% of the shares of the stock 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).

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 institutional and retail 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, Man Group plc, Panagora Asset Management Inc., Vaughan David Investments LLC IL, AJO LP and AQR Capital Management LLC. 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 bought 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, Centenus Global Management LP, Jacobs Levy Equity Management Inc., Bank of Montreal Can and Russell Investments Group Ltd.. 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 $62.28.

Portland General Electric has a market capitalization of $5.57 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 2,967 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]