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 year. There are currently 5 hold ratings and 1 buy rating 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 equities research analysts have issued 12-month target prices for Portland General Electric's shares. Their POR share price forecasts range from $45.00 to $53.00. On average, they anticipate the company's share price to reach $49.57 in the next twelve months. This suggests a possible upside of 5.0% from the stock's current price.
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Portland General Electric's stock was trading at $49.00 at the beginning of 2023. Since then, POR stock has decreased by 3.6% and is now trading at $47.22.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
View our POR earnings forecast.

Portland General Electric will be holding an earnings conference call on Thursday, February 16th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Portland General Electric (NYSE:POR) issued its quarterly earnings data on Thursday, October, 28th. The utilities provider reported $0.56 EPS for the quarter, missing the consensus estimate of $0.63 by $0.07. The utilities provider earned $642 million during the quarter, compared to analysts' expectations of $550.87 million. Portland General Electric had a trailing twelve-month return on equity of 9.09% and a net margin of 9.66%. The business's revenue was up 17.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.90 EPS.

Portland General Electric declared a quarterly dividend on Friday, October 21st. Shareholders of record on Tuesday, December 27th will be given a dividend of $0.452 per share on Tuesday, January 17th. This represents a $1.81 dividend on an annualized basis and a dividend yield of 3.83%. The ex-dividend date of this dividend is Friday, December 23rd.
Read our dividend analysis for POR.

Portland General Electric (NYSE:POR) pays an annual dividend of $1.81 per share and currently has a dividend yield of 3.84%. 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 65.34%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, POR will have a dividend payout ratio of 66.54% 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 issued an update on its FY 2022 earnings guidance on Tuesday, November, 1st. The company provided earnings per share guidance of $2.74-$2.89 for the period, compared to the consensus earnings per share estimate of $2.79. 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 retail and institutional investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.84%), ATLAS Infrastructure Partners UK Ltd. (0.75%), PATRIZIA Pty Ltd (0.26%), Moody Aldrich Partners LLC (0.23%), Comerica Bank (0.22%) and Crossmark Global Holdings Inc. (0.14%). Insiders that own company stock include Bradley Young Jenkins, 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 $47.22.

Portland General Electric (NYSE:POR) has a market capitalization of $4.22 billion and generates $2.40 billion in revenue each year. The utilities provider earns $244 million in net income (profit) each year or $2.77 on an earnings per share basis.

The company employs 2,839 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.