Portland General Electric (NYSE:POR) Updates FY 2025 Earnings Guidance

Portland General Electric (NYSE:POR) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided earnings per share guidance of 3.130-3.330 for the period, compared to the consensus earnings per share estimate of 3.230. The company issued revenue guidance of -.

Portland General Electric Price Performance

POR opened at $45.74 on Friday. The stock has a 50-day moving average price of $43.54 and a 200-day moving average price of $42.30. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.97 and a quick ratio of 0.84. The firm has a market cap of $5.01 billion, a PE ratio of 16.88, a P/E/G ratio of 4.18 and a beta of 0.62. Portland General Electric has a 1 year low of $39.54 and a 1 year high of $48.40.

Portland General Electric (NYSE:POR) last posted its quarterly earnings results on Friday, October 31st. The utilities provider reported $1.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.02. Portland General Electric had a return on equity of 8.07% and a net margin of 8.43%.The firm had revenue of $952.00 million during the quarter, compared to analyst estimates of $975.64 million. During the same quarter in the previous year, the firm earned $0.90 EPS. Portland General Electric’s quarterly revenue was up 2.5% compared to the same quarter last year. Portland General Electric has set its FY 2025 guidance at 3.130-3.330 EPS. Sell-side analysts predict that Portland General Electric will post 3.21 earnings per share for the current fiscal year.

Portland General Electric Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Monday, December 22nd will be paid a dividend of $0.525 per share. The ex-dividend date is Monday, December 22nd. This represents a $2.10 annualized dividend and a yield of 4.6%. Portland General Electric’s dividend payout ratio is currently 76.36%.

Analysts Set New Price Targets

Several research firms have issued reports on POR. Zacks Research upgraded shares of Portland General Electric from a “strong sell” rating to a “hold” rating in a research note on Monday, August 18th. Wells Fargo & Company began coverage on shares of Portland General Electric in a research note on Monday, October 27th. They set an “equal weight” rating and a $45.00 target price on the stock. Barclays upped their target price on shares of Portland General Electric from $43.00 to $47.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 21st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Portland General Electric in a research report on Wednesday, October 8th. Finally, BTIG Research raised shares of Portland General Electric to a “strong-buy” rating in a research report on Wednesday, October 22nd. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Portland General Electric currently has a consensus rating of “Hold” and a consensus target price of $46.82.

Insider Activity at Portland General Electric

In other news, CEO Maria M. Pope sold 18,896 shares of the company’s stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $42.50, for a total transaction of $803,080.00. Following the completion of the sale, the chief executive officer owned 194,135 shares of the company’s stock, valued at $8,250,737.50. This represents a 8.87% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.40% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Tower Research Capital LLC TRC grew its stake in shares of Portland General Electric by 346.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 16,940 shares of the utilities provider’s stock valued at $688,000 after acquiring an additional 13,145 shares during the period. Captrust Financial Advisors grew its stake in shares of Portland General Electric by 4.4% during the 2nd quarter. Captrust Financial Advisors now owns 10,548 shares of the utilities provider’s stock valued at $429,000 after acquiring an additional 441 shares during the period. Vident Advisory LLC grew its stake in shares of Portland General Electric by 34.5% during the 2nd quarter. Vident Advisory LLC now owns 6,969 shares of the utilities provider’s stock valued at $283,000 after acquiring an additional 1,788 shares during the period. Oxford Asset Management LLP bought a new position in shares of Portland General Electric during the 2nd quarter valued at approximately $271,000. Finally, MML Investors Services LLC grew its stake in shares of Portland General Electric by 4.7% during the 2nd quarter. MML Investors Services LLC now owns 68,473 shares of the utilities provider’s stock valued at $2,782,000 after acquiring an additional 3,087 shares during the period.

Portland General Electric Company Profile

Portland General Electric Company, an integrated electric utility company, engages in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. It operates six thermal plants, three wind farms, and seven hydroelectric facilities. As of December 31, 2023, the company owned an electric transmission system consisting of 1,254 circuit miles, including 287 circuit miles of 500 kilovolt line, 413 circuit miles of 230 kilovolt line, and 554 miles of 115 kilovolt line; and served 934 thousand retail customers in 51 cities.