Portland General Electric (NYSE:POR) Updates FY 2026 Earnings Guidance

Portland General Electric (NYSE:POR) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 3.330-3.530 for the period, compared to the consensus earnings per share estimate of 3.380. The company issued revenue guidance of -.

Portland General Electric Price Performance

Shares of NYSE POR opened at $54.04 on Tuesday. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.95 and a current ratio of 1.08. Portland General Electric has a one year low of $39.54 and a one year high of $54.28. The firm has a market capitalization of $6.08 billion, a P/E ratio of 19.65, a PEG ratio of 4.73 and a beta of 0.67. The company’s fifty day moving average is $49.40 and its two-hundred day moving average is $46.51.

Portland General Electric (NYSE:POR) last announced its quarterly earnings results on Friday, February 20th. The utilities provider reported $0.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.25). Portland General Electric had a net margin of 8.63% and a return on equity of 8.32%. Analysts forecast that Portland General Electric will post 3.21 EPS for the current fiscal year.

Portland General Electric Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Monday, March 23rd will be given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date is Monday, March 23rd. Portland General Electric’s dividend payout ratio (DPR) is presently 76.36%.

Analyst Ratings Changes

Several equities research analysts have recently commented on POR shares. JPMorgan Chase & Co. boosted their price target on Portland General Electric from $47.00 to $49.00 and gave the stock a “neutral” rating in a research note on Friday, December 12th. Loop Capital set a $48.00 target price on Portland General Electric in a research report on Tuesday, December 30th. Wells Fargo & Company upped their target price on Portland General Electric from $45.00 to $49.00 and gave the company an “equal weight” rating in a report on Tuesday, January 20th. Mizuho set a $47.00 price target on Portland General Electric in a research report on Monday, November 3rd. Finally, LADENBURG THALM/SH SH reaffirmed a “sell” rating and set a $43.00 price target on shares of Portland General Electric in a research note on Thursday, December 4th. Three analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Portland General Electric has a consensus rating of “Hold” and an average target price of $48.42.

Trending Headlines about Portland General Electric

Here are the key news stories impacting Portland General Electric this week:

• Positive Sentiment: Agreed to buy PacifiCorp’s Washington generation, transmission and distribution assets for $1.9 billion — adds wind, gas and distribution capacity (Chehalis, Marengo, Goodnoe Hills, etc.), expanding PGE’s footprint and rate base; deal priced at ~1.4x estimated 2026 rate base and includes a Manulife financing partnership that helps de‑risk funding. Read More.
• Positive Sentiment: Management initiated 2026 adjusted EPS guidance of $3.33–$3.53 and reaffirmed 5%–7% long‑term EPS growth — provides a clearer earnings outlook that supports valuation and investor confidence. Read More.
• Positive Sentiment: Board declared a quarterly cash dividend of $0.525/share (annualized yield ~3.9%) — supports income investor appeal and signals cash‑flow confidence.
• Neutral Sentiment: Full‑year 2025 results: GAAP EPS $2.77; non‑GAAP adjusted EPS $3.05, driven by strong industrial demand but offset by unusually poor Q4 weather that cut ~$0.17 of earnings — important context for interpreting the Q4 miss and the 2026 guide. Read More.
• Negative Sentiment: Q4 EPS missed consensus: reported $0.47 vs. $0.72 expected — the shortfall (management attributes part to weather) pressured near‑term investor sentiment. Read More.
• Negative Sentiment: Emerging operational/cost risk: a reported dispute over data center costs and commentary on dividend trade‑offs highlight potential margin and capital allocation headwinds that could complicate near‑term cash flows. Read More.
• Negative Sentiment: Scale and financing risk from the $1.9B deal — while strategic, the purchase will materially increase capital needs and could pressure leverage (existing debt/equity ~1.25), leaving investors to watch regulatory approvals, integration costs and the final funding mix. Read More.

Institutional Trading of Portland General Electric

A number of large investors have recently made changes to their positions in the stock. Johnson Financial Group Inc. acquired a new position in Portland General Electric in the 3rd quarter valued at about $27,000. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Portland General Electric by 272.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 719 shares of the utilities provider’s stock worth $35,000 after buying an additional 526 shares in the last quarter. IFP Advisors Inc raised its position in shares of Portland General Electric by 61.7% in the third quarter. IFP Advisors Inc now owns 1,080 shares of the utilities provider’s stock valued at $48,000 after buying an additional 412 shares during the last quarter. Smartleaf Asset Management LLC raised its position in shares of Portland General Electric by 18.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,469 shares of the utilities provider’s stock valued at $71,000 after buying an additional 226 shares during the last quarter. Finally, CIBC Private Wealth Group LLC lifted its stake in shares of Portland General Electric by 202.7% during the third quarter. CIBC Private Wealth Group LLC now owns 1,816 shares of the utilities provider’s stock valued at $80,000 after buying an additional 1,216 shares during the period.

About Portland General Electric

Portland General Electric (NYSE:POR) is an investor-owned electric utility headquartered in Tigard, Oregon, with roots tracing back to the late 19th century. The company generates, transmits and distributes electricity to residential, commercial and industrial customers across a broad territory in Oregon, primarily encompassing the Portland metropolitan area and surrounding regions.

As one of Oregon’s largest electric utilities, Portland General Electric operates a diverse portfolio of generation assets, including hydroelectric facilities, natural gas–fired plants and renewable energy sources.