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. Stockholders of record on Wednesday, March 25th will be paid 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 2.48%. The ex-dividend date of this dividend is Tuesday, March 24th. View Portland General Electric's Dividend History.

Portland General Electric (NYSE:POR) released its earnings results on Friday, February, 14th. The utilities provider reported $0.68 EPS for the quarter, beating the consensus estimate of $0.61 by $0.07. The utilities provider earned $548 million during the quarter, compared to analysts' expectations of $537.30 million. Portland General Electric had a return on equity of 8.36% and a net margin of 10.08%. The company's quarterly revenue was down 4.4% on a year-over-year basis. During the same quarter in the previous year, the firm 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 updated 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 EPS estimate of $2.56.

5 equities research analysts have issued 1-year price objectives for Portland General Electric's shares. Their forecasts range from $59.00 to $61.00. On average, they anticipate Portland General Electric's share price to reach $60.00 in the next twelve months. This suggests that the stock has a possible downside of 3.4%. 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.

News headlines about POR stock have trended very negative this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Portland General Electric earned a news impact score of -3.2 on InfoTrie's scale. They also assigned media coverage about the utilities provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Portland General Electric.

Portland General Electric saw a increase in short interest in the month of 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. Approximately 2.3% of the company's shares 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 retail and institutional 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%), Geode Capital Management LLC (2.02%) and Mitsubishi UFJ Trust & Banking Corp (1.86%). 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 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 $62.09.

Portland General Electric has a market capitalization of $5.55 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 2,949 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]