Portland General Electric Company (NYSE:POR) Receives Consensus Rating of “Hold” from Analysts

Portland General Electric Company (NYSE:POR) has been given an average rating of “Hold” by the ten research firms that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and two have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $50.70.

Several research analysts have weighed in on POR shares. JPMorgan Chase & Co. boosted their price objective on Portland General Electric from $51.00 to $54.00 and gave the stock a “neutral” rating in a research report on Monday, April 20th. Wells Fargo & Company set a $51.00 target price on Portland General Electric in a research report on Tuesday, April 21st. Weiss Ratings upgraded Portland General Electric from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, August 3rd. BMO Capital Markets set a $52.00 price target on shares of Portland General Electric in a report on Tuesday, August 4th. Finally, Zacks Research upgraded shares of Portland General Electric from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 4th.

Insiders Place Their Bets

In other news, Director Michael A. Lewis sold 1,537 shares of the stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $51.83, for a total transaction of $79,662.71. Following the completion of the transaction, the director directly owned 15,045 shares of the company’s stock, valued at $779,782.35. This represents a 9.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.52% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Portland General Electric

Large investors have recently modified their holdings of the stock. V Square Quantitative Management LLC bought a new stake in shares of Portland General Electric in the 4th quarter worth approximately $25,000. Private Trust Co. NA grew its holdings in Portland General Electric by 76.4% during the fourth quarter. Private Trust Co. NA now owns 552 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 239 shares during the period. Johnson Financial Group Inc. purchased a new stake in Portland General Electric in the third quarter worth $27,000. Rothschild Investment LLC increased its position in Portland General Electric by 112.9% in the fourth quarter. Rothschild Investment LLC now owns 611 shares of the utilities provider’s stock worth $29,000 after buying an additional 324 shares during the last quarter. Finally, SHP Wealth Management purchased a new stake in Portland General Electric in the fourth quarter worth $34,000.

Portland General Electric Price Performance

Portland General Electric stock opened at $49.12 on Monday. Portland General Electric has a 52 week low of $41.64 and a 52 week high of $54.62. The company’s 50 day moving average price is $51.10 and its two-hundred day moving average price is $51.35. The company has a quick ratio of 0.86, a current ratio of 0.98 and a debt-to-equity ratio of 1.26. The stock has a market cap of $5.78 billion, a P/E ratio of 21.64, a P/E/G ratio of 2.11 and a beta of 0.52.

Portland General Electric (NYSE:POR) last released its earnings results on Friday, July 31st. The utilities provider reported $0.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.65 by ($0.01). The business had revenue of $814.00 million during the quarter, compared to the consensus estimate of $839.75 million. Portland General Electric had a net margin of 7.27% and a return on equity of 7.47%. The business’s revenue was up .9% on a year-over-year basis. During the same period in the prior year, the company earned $0.66 earnings per share. Portland General Electric has set its FY 2026 guidance at 3.330-3.530 EPS. On average, equities analysts predict that Portland General Electric will post 3.4 earnings per share for the current year.

Portland General Electric Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Friday, September 25th will be given a $0.5513 dividend. The ex-dividend date of this dividend is Friday, September 25th. This represents a $2.21 annualized dividend and a yield of 4.5%. Portland General Electric’s payout ratio is currently 96.92%.

Portland General Electric Company Profile

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.