Portland General Electric Company (POR) updated its FY13 earnings guidance on Friday. The company provided EPS guidance of $1.85-2.00 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.91.

A number of analysts have recently weighed in on POR shares. Analysts at Barclays Capital raised their price target on shares of Portland General Electric Company from $27.00 to $28.00 in a research note to investors on Friday, February 1st. They now have an equal weight rating on the stock. On a related note, analysts at Deutsche Bank raised their price target on shares of Portland General Electric Company from $28.50 to $29.50 in a research note to investors on Tuesday, December 18th. They now have a buy rating on the stock. Finally, analysts at KeyBanc reiterated a hold rating on shares of Portland General Electric Company in a research note to investors on Monday, December 17th.

Shares of Portland General Electric Company (POR) opened at 28.54 on Friday. Portland General Electric Company (POR) has a 52 week low of $24.25 and a 52 week high of $29.32. The stock’s 50-day moving average is currently $28.33. The company has a market cap of $2.156 billion and a P/E ratio of 15.26.

Portland General Electric Company last posted its quarterly earnings results on Friday, February 22nd. The company reported $0.38 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.41 by $0.03. The company had revenue of $463.00 million for the quarter, compared to the consensus estimate of $489.19 million. During the same quarter last year, the company posted $0.38 earnings per share. Portland General Electric Company’s revenue was down 3.3% compared to the same quarter last year. Portland General Electric Company has set its FY13 guidance at $1.85-2.00 EPS. Analysts expect that Portland General Electric Company (POR) will post $1.90 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Monday, April 15th. Stockholders of record on Monday, March 25th will be given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 3.78%. The ex-dividend date of this dividend is Thursday, March 21st.

Portland General Electric Company (PGE) is a vertically integrated electric utility engaged in the generation, purchase, transmission, distribution and retail sale of electricity in the state of Oregon.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.