Portland General Electric Company (NYSE:POR) Receives $50.17 Consensus PT from Analysts

Portland General Electric Company (NYSE:POR) has received an average recommendation of “Hold” from the twelve analysts that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating on the company. The average 12 month target price among brokers that have covered the stock in the last year is $50.1667.

A number of equities analysts have recently weighed in on POR shares. Loop Capital set a $48.00 price objective on Portland General Electric in a research note on Tuesday, December 30th. BMO Capital Markets reissued a “market perform” rating and set a $55.00 target price on shares of Portland General Electric in a research note on Thursday, February 19th. Weiss Ratings cut Portland General Electric from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, February 17th. Wells Fargo & Company upped their price target on Portland General Electric from $45.00 to $49.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 20th. Finally, UBS Group increased their price objective 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.

Insider Transactions at Portland General Electric

In other Portland General Electric news, EVP Benjamin Felton sold 4,969 shares of the business’s stock in a transaction on Friday, February 27th. The shares were sold at an average price of $53.56, for a total value of $266,139.64. Following the sale, the executive vice president owned 41,081 shares in the company, valued at $2,200,298.36. The trade was a 10.79% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.52% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Royal Bank of Canada lifted its position in shares of Portland General Electric by 7.4% in the first quarter. Royal Bank of Canada now owns 161,931 shares of the utilities provider’s stock worth $7,222,000 after buying an additional 11,141 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Portland General Electric by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 61,949 shares of the utilities provider’s stock worth $2,763,000 after acquiring an additional 2,717 shares during the last quarter. Millennium Management LLC increased its stake in Portland General Electric by 465.5% in the 1st quarter. Millennium Management LLC now owns 151,134 shares of the utilities provider’s stock worth $6,741,000 after acquiring an additional 124,410 shares during the last quarter. United Services Automobile Association purchased a new stake in shares of Portland General Electric during the 1st quarter worth approximately $271,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Portland General Electric by 6.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 233,640 shares of the utilities provider’s stock worth $10,420,000 after acquiring an additional 13,799 shares in the last quarter.

Portland General Electric Stock Down 0.1%

Shares of POR stock opened at $53.62 on Tuesday. The company has a market capitalization of $6.21 billion, a price-to-earnings ratio of 19.36, a PEG ratio of 3.04 and a beta of 0.62. Portland General Electric has a one year low of $39.54 and a one year high of $54.39. The company’s fifty day moving average price is $52.22 and its 200-day moving average price is $48.93. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.08 and a quick ratio of 0.95.

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

Portland General Electric Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Monday, March 23rd will be paid a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend is Monday, March 23rd. Portland General Electric’s dividend payout ratio (DPR) is presently 75.81%.

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.