Portland General Electric Company (NYSE:POR) Receives $50.17 Average Price Target from Brokerages

Portland General Electric Company (NYSE:POR) has received a consensus rating of “Hold” from the twelve analysts that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, nine have given a hold rating and two have issued a buy rating on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $50.1667.

Several analysts recently issued reports on POR shares. JPMorgan Chase & Co. boosted their price objective on shares of Portland General Electric from $47.00 to $49.00 and gave the company a “neutral” rating in a report on Friday, December 12th. Loop Capital set a $48.00 price target on shares of Portland General Electric in a research report on Tuesday, December 30th. BTIG Research reissued a “buy” rating and issued a $58.00 price target on shares of Portland General Electric in a research note on Friday, January 30th. Barclays upped their price objective on shares of Portland General Electric from $47.00 to $53.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 17th. Finally, UBS Group lifted their target price on shares of Portland General Electric from $53.00 to $55.00 and gave the company a “neutral” rating in a report on Thursday, February 19th.

Portland General Electric Trading Up 1.0%

POR traded up $0.52 during trading hours on Friday, reaching $53.27. The company’s stock had a trading volume of 26,157 shares, compared to its average volume of 1,288,021. The stock has a market cap of $6.16 billion, a PE ratio of 19.20, a P/E/G ratio of 2.95 and a beta of 0.66. Portland General Electric has a fifty-two week low of $39.54 and a fifty-two week high of $54.39. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.08 and a quick ratio of 0.95. The business’s 50-day moving average is $51.18 and its 200-day moving average is $47.78.

Portland General Electric (NYSE:POR) last posted its earnings results on Tuesday, February 17th. The utilities provider reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.12). Portland General Electric had a net margin of 8.56% and a return on equity of 8.52%. The business had revenue of $889.00 million during the quarter, compared to analysts’ expectations of $892.31 million. During the same quarter in the prior year, the firm earned $0.36 EPS. Portland General Electric has set its FY 2026 guidance at 3.330-3.530 EPS. As a group, equities research analysts predict that Portland General Electric will post 3.21 earnings per share for the current fiscal year.

Portland General Electric Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Monday, March 23rd will be paid a $0.525 dividend. The ex-dividend date of this dividend is Monday, March 23rd. This represents a $2.10 dividend on an annualized basis and a dividend yield of 3.9%. Portland General Electric’s payout ratio is presently 75.81%.

Insider Activity

In related news, EVP Benjamin Felton sold 4,969 shares of the stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $53.56, for a total transaction of $266,139.64. Following the transaction, the executive vice president owned 41,081 shares of the company’s stock, valued at approximately $2,200,298.36. This represents a 10.79% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.40% of the company’s stock.

Institutional Trading of Portland General Electric

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Campbell & CO Investment Adviser LLC raised its position in shares of Portland General Electric by 38.8% in the 2nd quarter. Campbell & CO Investment Adviser LLC now owns 44,777 shares of the utilities provider’s stock valued at $1,819,000 after purchasing an additional 12,518 shares in the last quarter. Channing Capital Management LLC grew its position in shares of Portland General Electric by 39.1% during the third quarter. Channing Capital Management LLC now owns 1,509,269 shares of the utilities provider’s stock worth $66,408,000 after buying an additional 424,622 shares in the last quarter. SG Americas Securities LLC increased its stake in shares of Portland General Electric by 143.8% in the third quarter. SG Americas Securities LLC now owns 88,381 shares of the utilities provider’s stock worth $3,889,000 after buying an additional 52,127 shares during the last quarter. Covalis Capital LLP acquired a new stake in Portland General Electric in the second quarter valued at $17,917,000. Finally, ATLAS Infrastructure Partners UK Ltd. boosted its stake in Portland General Electric by 24.1% during the 2nd quarter. ATLAS Infrastructure Partners UK Ltd. now owns 5,459,258 shares of the utilities provider’s stock valued at $221,810,000 after acquiring an additional 1,058,623 shares during the last quarter.

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.