Portland General Electric (NYSE:POR) Posts Quarterly Earnings Results, Misses Expectations By $0.25 EPS

Portland General Electric (NYSE:POR) posted its quarterly earnings data on Tuesday. The utilities provider reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.25), FiscalAI reports. Portland General Electric had a return on equity of 8.32% and a net margin of 8.63%.

Portland General Electric Stock Performance

POR stock opened at $54.04 on Tuesday. The firm has a 50 day moving average of $49.40 and a two-hundred day moving average of $46.51. Portland General Electric has a 12 month low of $39.54 and a 12 month high of $54.28. The company has a market capitalization of $6.08 billion, a price-to-earnings ratio of 19.65, a P/E/G ratio of 4.73 and a beta of 0.67. The company has a quick ratio of 0.95, a current ratio of 1.08 and a debt-to-equity ratio of 1.25.

Portland General Electric Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Monday, March 23rd will be given a $0.525 dividend. 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 payout ratio is currently 76.36%.

Analysts Set New Price Targets

Several research firms recently weighed in on POR. UBS Group dropped their price target on Portland General Electric from $51.00 to $49.00 and set a “neutral” rating on the stock in a research report on Wednesday, December 17th. Jefferies Financial Group lifted their target price on Portland General Electric from $43.00 to $46.00 and gave the company a “hold” rating in a research note on Wednesday, October 22nd. LADENBURG THALM/SH SH reiterated a “sell” rating and issued a $43.00 target price on shares of Portland General Electric in a report on Thursday, December 4th. Barclays raised their price target on shares of Portland General Electric from $43.00 to $47.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 21st. Finally, JPMorgan Chase & Co. upped their price objective on shares of Portland General Electric from $47.00 to $49.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. Three analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $48.42.

Institutional Trading of Portland General Electric

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

Key Headlines Impacting Portland General Electric

Here are the key news stories impacting Portland General Electric this week:

• Positive Sentiment: Agreed to buy PacifiCorp’s Washington generation, transmission and distribution assets for $1.9 billion — adds wind, gas and distribution capacity (Chehalis, Marengo, Goodnoe Hills, etc.), expanding PGE’s footprint and rate base; deal priced at ~1.4x estimated 2026 rate base and includes a Manulife financing partnership that helps de‑risk funding. Read More.
• Positive Sentiment: Management initiated 2026 adjusted EPS guidance of $3.33–$3.53 and reaffirmed 5%–7% long‑term EPS growth — provides a clearer earnings outlook that supports valuation and investor confidence. Read More.
• Positive Sentiment: Board declared a quarterly cash dividend of $0.525/share (annualized yield ~3.9%) — supports income investor appeal and signals cash‑flow confidence.
• Neutral Sentiment: Full‑year 2025 results: GAAP EPS $2.77; non‑GAAP adjusted EPS $3.05, driven by strong industrial demand but offset by unusually poor Q4 weather that cut ~$0.17 of earnings — important context for interpreting the Q4 miss and the 2026 guide. Read More.
• Negative Sentiment: Q4 EPS missed consensus: reported $0.47 vs. $0.72 expected — the shortfall (management attributes part to weather) pressured near‑term investor sentiment. Read More.
• Negative Sentiment: Emerging operational/cost risk: a reported dispute over data center costs and commentary on dividend trade‑offs highlight potential margin and capital allocation headwinds that could complicate near‑term cash flows. Read More.
• Negative Sentiment: Scale and financing risk from the $1.9B deal — while strategic, the purchase will materially increase capital needs and could pressure leverage (existing debt/equity ~1.25), leaving investors to watch regulatory approvals, integration costs and the final funding mix. Read More.

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.