KeyCorp Brokers Lower Earnings Estimates for POR

Portland General Electric Company (NYSE:POR) – Equities researchers at KeyCorp decreased their Q3 2026 earnings per share (EPS) estimates for Portland General Electric in a note issued to investors on Monday, October 12th. KeyCorp analyst S. Karp now forecasts that the utilities provider will earn $1.10 per share for the quarter, down from their prior estimate of $1.25. KeyCorp has a “Sector Weight” rating on the stock. The consensus estimate for Portland General Electric’s current full-year earnings is $3.39 per share. KeyCorp also issued estimates for Portland General Electric’s Q4 2026 earnings at $0.94 EPS, FY2026 earnings at $3.29 EPS, FY2027 earnings at $3.57 EPS, FY2028 earnings at $3.79 EPS, FY2029 earnings at $4.08 EPS and FY2030 earnings at $4.41 EPS.

A number of other equities analysts have also recently weighed in on POR. Weiss Ratings cut Portland General Electric from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, August 27th. JPMorgan Chase & Co. cut their price objective on Portland General Electric from $56.00 to $53.00 and set a “neutral” rating for the company in a research report on Wednesday, September 9th. LADENBURG THALM/SH SH upgraded shares of Portland General Electric from a “neutral” rating to a “buy” rating and set a $48.50 price objective on the stock in a report on Thursday, August 13th. UBS Group decreased their target price on shares of Portland General Electric from $53.00 to $50.00 and set a “neutral” rating on the stock in a research report on Monday, September 28th. Finally, BMO Capital Markets decreased their target price on shares of Portland General Electric from $52.00 to $47.00 and set a “market perform” rating on the stock in a research report on Wednesday, September 30th. Two research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $50.15.

Portland General Electric Price Performance

NYSE:POR opened at $44.62 on Wednesday. Portland General Electric has a 52 week low of $43.15 and a 52 week high of $54.62. The stock’s fifty day moving average is $47.85 and its two-hundred day moving average is $49.97. The company has a market capitalization of $5.25 billion, a P/E ratio of 16.75, a P/E/G ratio of 1.95 and a beta of 0.49. The company has a quick ratio of 0.86, a current ratio of 0.98 and a debt-to-equity ratio of 1.26.

Portland General Electric (NYSE:POR) last issued its quarterly earnings data on Thursday, July 30th. The utilities provider reported $0.64 earnings per share for the quarter, missing the consensus estimate of $0.65 by ($0.01). The business had revenue of $814.00 million during the quarter, compared to analysts’ expectations of $839.75 million. Portland General Electric had a return on equity of 7.47% and a net margin of 7.27%. The company’s revenue was up .9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.66 earnings per share.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. GAMMA Investing LLC grew its stake in shares of Portland General Electric by 27.7% in the third quarter. GAMMA Investing LLC now owns 4,771 shares of the utilities provider’s stock valued at $213,000 after buying an additional 1,034 shares in the last quarter. Bank & Trust Co raised its holdings in shares of Portland General Electric by 5.2% in the 3rd quarter. Bank & Trust Co now owns 10,643 shares of the utilities provider’s stock valued at $475,000 after buying an additional 528 shares during the period. Congress Asset Management Co. raised its holdings in shares of Portland General Electric by 9.6% in the 3rd quarter. Congress Asset Management Co. now owns 178,659 shares of the utilities provider’s stock valued at $7,974,000 after buying an additional 15,575 shares during the period. QRG Capital Management Inc. lifted its stake in Portland General Electric by 13.2% during the 2nd quarter. QRG Capital Management Inc. now owns 17,431 shares of the utilities provider’s stock worth $903,000 after acquiring an additional 2,029 shares in the last quarter. Finally, State Street Corp lifted its stake in Portland General Electric by 8.0% during the 2nd quarter. State Street Corp now owns 5,019,860 shares of the utilities provider’s stock worth $262,810,000 after acquiring an additional 372,165 shares in the last quarter.

Insiders Place Their Bets

In related news, Director Michael Lewis sold 1,537 shares of Portland General Electric stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $51.83, for a total value of $79,662.71. Following the completion of the sale, the director owned 15,045 shares in the company, valued at approximately $779,782.35. This trade represents a 9.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.52% of the company’s stock.

Portland General Electric Announces Dividend

The business also recently announced 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. This represents a $2.21 annualized dividend and a yield of 4.9%. The ex-dividend date is Friday, September 25th. Portland General Electric’s dividend payout ratio (DPR) is 96.92%.

Portland General Electric Company Profile

Portland General Electric Company (NYSE: POR) is an investor-owned electric utility headquartered in Portland, Oregon. Founded in 1889, the company generates, purchases, transmits, distributes and sells electricity to residential, commercial and industrial customers throughout much of Oregon.

Portland General Electric operates a diverse energy portfolio that includes hydroelectric, wind, solar, natural gas and other resources, while also purchasing electricity through wholesale markets and power agreements.