Portland General Electric Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Portland General Electric in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Portland General Electric stock. 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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Portland General Electric saw a increase in short interest in July. As of July 30th, there was short interest totaling 1,290,000 shares, an increase of 20.6% from the July 15th total of 1,070,000 shares. Based on an average daily volume of 550,000 shares, the short-interest ratio is currently 2.3 days. Currently, 1.5% of the company's stock are sold short.
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Portland General Electric is scheduled to release its next quarterly earnings announcement on Friday, October 29th 2021.
View our earnings forecast for Portland General Electric.

Portland General Electric (NYSE:POR) issued its earnings results on Thursday, July, 29th. The utilities provider reported $0.36 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.37 by $0.01. The utilities provider had revenue of $537 million for the quarter, compared to the consensus estimate of $484.01 million. Portland General Electric had a trailing twelve-month return on equity of 9.86% and a net margin of 7.25%. The company's revenue was up 14.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.43 earnings per share.
View Portland General Electric's earnings history.

Portland General Electric's stock was trading at $54.09 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, POR shares have decreased by 7.1% and is now trading at $50.25.
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Portland General Electric announced a quarterly dividend on Wednesday, July 28th. Stockholders of record on Monday, September 27th will be given a dividend of $0.43 per share on Friday, October 15th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 3.42%. The ex-dividend date is Friday, September 24th. This is a boost from Portland General Electric's previous quarterly dividend of $0.09.
View Portland General Electric's dividend history.

Portland General Electric pays an annual dividend of $1.72 per share and currently has a dividend yield of 3.43%. The dividend payout ratio of Portland General Electric is 62.55%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Portland General Electric will have a dividend payout ratio of 60.78% next year. This indicates that Portland General Electric will be able to sustain or increase its dividend.
View Portland General Electric's dividend history.

Portland General Electric updated its FY 2021 earnings guidance on Friday, August, 6th. The company provided earnings per share (EPS) guidance of $2.700-$2.850 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.660. The company issued revenue guidance of -.

8 equities research analysts have issued 12 month price objectives for Portland General Electric's shares. Their forecasts range from $39.00 to $52.00. On average, they expect Portland General Electric's stock price to reach $48.00 in the next twelve months. This suggests that the stock has a possible downside of 4.5%.
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40 employees have rated Portland General Electric CEO Maria Pope on Glassdoor.com. Maria Pope has an approval rating of 82% among Portland General Electric's employees.

Some companies that are related to Portland General Electric include NextEra Energy (NEE), Duke Energy (DUK), The Southern (SO), Eversource Energy (ES), Entergy (ETR), PPL (PPL), Edison International (EIX), FirstEnergy (FE), Pinnacle West Capital (PNW), OGE Energy (OGE), IDACORP (IDA), Hawaiian Electric Industries (HE), PNM Resources (PNM), ALLETE (ALE) and MGE Energy (MGEE).
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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 variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.08%), BlackRock Inc. (8.50%), Fuller & Thaler Asset Management Inc. (5.07%), FMR LLC (4.63%), JPMorgan Chase & Co. (3.85%) and Massachusetts Financial Services Co. MA (2.42%). Company insiders that own Portland General Electric stock include Bradley Young Jenkins, James P Torgerson, John Carter Mcfarland, John Teeruk Kochavatr, Larry Neal Bekkedahl, M Lee Pelton, 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 Mitsubishi UFJ Trust & Banking Corp, Goldman Sachs Group Inc., Royal Bank of Canada, Russell Investments Group Ltd., Hotchkis & Wiley Capital Management LLC, JPMorgan Chase & Co., BlackRock Inc., and Allianz Asset Management GmbH. Company insiders that have sold Portland General Electric company stock in the last year include Bradley Young Jenkins, John Carter Mcfarland, John Teeruk Kochavatr, Larry Neal Bekkedahl, M Lee Pelton, and William David Robertson.
View insider buying and selling activity for Portland General Electric or view top insider-selling stocks.

POR stock was purchased by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, FMR LLC, HITE Hedge Asset Management LLC, LSV Asset Management, Principal Financial Group Inc., Vanguard Group Inc., Victory Capital Management Inc., and Mackenzie Financial Corp.
View insider buying and selling activity for Portland General Electric or or view top insider-buying stocks.

Shares of POR 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 $50.25.

Portland General Electric has a market capitalization of $4.49 billion and generates $2.15 billion in revenue each year. The utilities provider earns $155 million in net income (profit) each year or $2.75 on an earnings per share basis.

Portland General Electric employs 3,639 workers across the globe.

The official website for Portland General Electric is www.portlandgeneral.com.

Portland General Electric is headquartered at 121 SW SALMON STREET, PORTLAND OR, 97204.

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]