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

Shares of Portland General Electric Company (NYSE:POR) have been assigned an average rating of “Hold” from the ten brokerages that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and two have given a buy recommendation to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $50.70.

A number of analysts recently commented on the company. JPMorgan Chase & Co. upped their price objective on Portland General Electric from $51.00 to $54.00 and gave the company a “neutral” rating in a research report on Monday, April 20th. Weiss Ratings raised Portland General Electric from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday. Zacks Research raised Portland General Electric from a “strong sell” rating to a “hold” rating in a research report on Tuesday. BMO Capital Markets set a $52.00 price target on Portland General Electric in a research note on Tuesday. Finally, Wells Fargo & Company set a $51.00 price target on shares of Portland General Electric in a research report on Tuesday, April 21st.

Portland General Electric Trading Up 1.2%

Shares of POR stock opened at $49.12 on Monday. The company has a current ratio of 0.98, a quick ratio of 0.86 and a debt-to-equity ratio of 1.26. Portland General Electric has a 12-month low of $41.64 and a 12-month high of $54.62. The stock has a market capitalization of $5.78 billion, a P/E ratio of 21.64, a P/E/G ratio of 2.09 and a beta of 0.52. The firm’s 50 day moving average is $51.10 and its 200 day moving average is $51.33.

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

Portland General Electric Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Friday, September 25th will be issued a $0.5513 dividend. The ex-dividend date of this dividend is Friday, September 25th. This represents a $2.21 dividend on an annualized basis and a dividend yield of 4.5%. Portland General Electric’s dividend payout ratio (DPR) is presently 96.92%.

Insider Activity at Portland General Electric

In other Portland General Electric news, Director Robert N. Hoglund bought 2,000 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The stock was bought at an average cost of $48.80 per share, for a total transaction of $97,600.00. Following the completion of the transaction, the director owned 2,519 shares of the company’s stock, valued at $122,927.20. This represents a 385.36% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Michael A. Lewis sold 1,537 shares of the stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $51.83, for a total transaction of $79,662.71. Following the completion of the transaction, the director owned 15,045 shares in the company, valued at $779,782.35. The trade was a 9.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.52% of the company’s stock.

Hedge Funds Weigh In On Portland General Electric

A number of institutional investors have recently bought and sold shares of POR. V Square Quantitative Management LLC bought a new stake in Portland General Electric during the fourth quarter valued at about $25,000. Private Trust Co. NA raised its stake in shares of Portland General Electric by 76.4% in the fourth quarter. Private Trust Co. NA now owns 552 shares of the utilities provider’s stock worth $26,000 after buying an additional 239 shares during the period. Johnson Financial Group Inc. purchased a new position in shares of Portland General Electric during the 3rd quarter valued at about $27,000. Rothschild Investment LLC lifted its position in shares of Portland General Electric by 112.9% during the 4th quarter. Rothschild Investment LLC now owns 611 shares of the utilities provider’s stock valued at $29,000 after buying an additional 324 shares in the last quarter. Finally, SHP Wealth Management bought a new position in shares of Portland General Electric during the 4th quarter valued at approximately $34,000.

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.