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

Portland General Electric (NYSE:POR) issued an update on its FY 2026 earnings guidance on Friday. The company provided earnings per share guidance of 3.330-3.530 for the period, compared to the consensus earnings per share estimate of 3.390. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. JPMorgan Chase & Co. raised their target price on shares of Portland General Electric from $51.00 to $54.00 and gave the stock a “neutral” rating in a report on Monday, April 20th. Weiss Ratings reissued a “hold (c+)” rating on shares of Portland General Electric in a report on Friday, May 15th. BMO Capital Markets dropped their price target on Portland General Electric from $55.00 to $54.00 and set a “market perform” rating on the stock in a research note on Wednesday, July 22nd. Wells Fargo & Company set a $51.00 price objective on Portland General Electric in a report on Tuesday, April 21st. Finally, Zacks Research downgraded Portland General Electric from a “hold” rating to a “strong sell” rating in a report on Monday, July 6th. One research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average target price of $50.90.

Portland General Electric Stock Performance

POR traded down $0.66 during trading on Friday, hitting $49.44. The company’s stock had a trading volume of 2,031,317 shares, compared to its average volume of 911,949. The company has a quick ratio of 0.95, a current ratio of 1.09 and a debt-to-equity ratio of 1.19. Portland General Electric has a one year low of $40.81 and a one year high of $54.62. The firm has a market cap of $5.72 billion, a PE ratio of 22.07, a P/E/G ratio of 2.16 and a beta of 0.52. The business’s 50 day simple moving average is $51.19 and its 200-day simple moving average is $51.32.

Portland General Electric (NYSE:POR) last issued its quarterly earnings data on Friday, July 31st. The utilities provider reported $0.64 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.01). The business had revenue of $814.00 million for the quarter, compared to the consensus estimate of $839.75 million. Portland General Electric had a net margin of 7.12% and a return on equity of 7.57%. The company’s revenue was up .9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.66 EPS. Portland General Electric has set its FY 2026 guidance at 3.330-3.530 EPS. As a group, sell-side analysts predict that Portland General Electric will post 3.38 EPS for the current fiscal year.

Portland General Electric Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Friday, September 25th will be issued a dividend of $0.5513 per share. This represents a $2.21 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend is Friday, September 25th. Portland General Electric’s payout ratio is currently 98.21%.

Insider Buying and Selling

In related news, VP Juan Diego Gallegos sold 2,750 shares of the stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $48.67, for a total value of $133,842.50. Following the completion of the sale, the vice president directly owned 12,127 shares of the company’s stock, valued at approximately $590,221.09. This represents a 18.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Robert N. Hoglund bought 2,000 shares of the firm’s stock in a transaction on Monday, May 11th. The shares were purchased at an average price of $48.80 per share, for a total transaction of $97,600.00. Following the purchase, the director owned 2,519 shares in the company, valued at $122,927.20. This trade represents a 385.36% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders have sold 11,787 shares of company stock worth $581,230. Corporate insiders own 0.52% of the company’s stock.

More Portland General Electric News

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

• Positive Sentiment: Industrial customer demand increased 11% year over year, supported by continued expansion from high-tech and data-center customers. Management said second-quarter results reflected strong operational execution. Portland General Electric Announces Second Quarter 2026 Results
• Positive Sentiment: POR reaffirmed its 2026 adjusted EPS guidance of $3.33 to $3.53, indicating that management continues to expect the business to perform within its previously established range. Portland General Electric Announces Second Quarter 2026 Results
• Neutral Sentiment: The company proposed additional rate increases across customer classes. If approved, the changes could support revenue and cost recovery, although regulatory approval and potential customer resistance remain considerations. Portland General Electric proposes more rate increases across customer classes
• Neutral Sentiment: Management’s earnings call emphasized operational execution, industrial-load growth and the company’s outlook, but did not appear to provide a major upward revision to guidance. POR Q2 2026 Earnings Call Transcript
• Negative Sentiment: Second-quarter revenue was $814 million, below the $839.75 million analyst consensus, while adjusted EPS of $0.64 was slightly below the $0.65 consensus in some reports. GAAP EPS was $0.59, compared with $0.66 a year earlier. Portland General Electric earnings report
• Negative Sentiment: The midpoint of POR’s 2026 adjusted EPS guidance is $3.43, modestly below the $3.39 consensus only at the midpoint? Actually, the range’s lower bound is below consensus and the midpoint is slightly above it; however, the broad range leaves limited upside certainty. Earnings also declined from the prior-year quarter, contributing to investor caution.

Institutional Trading of Portland General Electric

Several institutional investors and hedge funds have recently modified their holdings of the company. Watershed Asset Management L.L.C. bought a new stake in Portland General Electric during the fourth quarter valued at about $344,000. nVerses Capital LLC bought a new position in shares of Portland General Electric in the fourth quarter worth about $308,000. Twinbeech Capital LP purchased a new stake in shares of Portland General Electric during the fourth quarter worth about $288,000. Oxford Asset Management LLP purchased a new stake in shares of Portland General Electric during the second quarter worth about $271,000. Finally, United Services Automobile Association bought a new stake in Portland General Electric during the 1st quarter valued at approximately $271,000.

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.