Portland General Electric (NYSE:POR) Updates FY 2026 Earnings Guidance

Portland General Electric (NYSE:POR) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided earnings per share guidance of 3.330-3.530 for the period, compared to the consensus earnings per share estimate of 3.410. The company issued revenue guidance of -.

Portland General Electric Stock Performance

Shares of NYSE POR traded down $2.12 during midday trading on Friday, reaching $49.81. 2,025,052 shares of the company traded hands, compared to its average volume of 1,100,469. Portland General Electric has a 52 week low of $39.54 and a 52 week high of $54.62. The stock has a 50-day moving average price of $52.59 and a 200 day moving average price of $50.07. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.08 and a quick ratio of 0.95. The company has a market cap of $5.76 billion, a price-to-earnings ratio of 17.98, a PEG ratio of 2.16 and a beta of 0.54.

Portland General Electric (NYSE:POR) last issued its quarterly earnings data on Friday, May 1st. The utilities provider reported $0.58 earnings per share for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.19). Portland General Electric had a net margin of 8.56% and a return on equity of 8.52%. The company had revenue of $879.00 million for the quarter, compared to the consensus estimate of $953.24 million. During the same quarter in the prior year, the firm earned $0.91 earnings per share. Portland General Electric’s revenue for the quarter was down 5.3% compared to the same quarter last year. Portland General Electric has set its FY 2026 guidance at 3.330-3.530 EPS. Sell-side analysts anticipate that Portland General Electric will post 3.42 earnings per share for the current fiscal year.

Portland General Electric Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Thursday, June 25th will be issued a dividend of $0.5513 per share. The ex-dividend date of this dividend is Thursday, June 25th. This is an increase from Portland General Electric’s previous quarterly dividend of $0.53. This represents a $2.21 dividend on an annualized basis and a yield of 4.4%. Portland General Electric’s dividend payout ratio is presently 75.81%.

Analyst Upgrades and Downgrades

POR has been the topic of a number of research analyst reports. Wells Fargo & Company set a $51.00 target price on Portland General Electric in a report on Tuesday, April 21st. Barclays lifted their target price on Portland General Electric from $47.00 to $53.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 17th. JPMorgan Chase & Co. lifted their target price on Portland General Electric from $51.00 to $54.00 and gave the stock a “neutral” rating in a report on Monday, April 20th. Weiss Ratings lowered Portland General Electric from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, February 17th. Finally, BMO Capital Markets reaffirmed a “market perform” rating and set a $55.00 target price on shares of Portland General Electric in a report on Thursday, February 19th. One investment analyst has rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Portland General Electric presently has a consensus rating of “Hold” and a consensus target price of $51.00.

Insiders Place Their Bets

In related news, EVP Benjamin Felton sold 4,969 shares of Portland General Electric stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $53.56, for a total value of $266,139.64. Following the transaction, the executive vice president owned 41,081 shares of the company’s stock, valued at approximately $2,200,298.36. This trade represents a 10.79% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.52% of the company’s stock.

Trending Headlines about Portland General Electric

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

• Positive Sentiment: Industrial demand accelerated — management said industrial customer demand grew ~10% quarter‑over‑quarter, driven by data center and high‑tech customers, which supports future revenue and margin recovery as weather‑related residential/commercial weakness fades. Portland General Electric Announces First Quarter 2026 Results
• Neutral Sentiment: Management reaffirmed FY2026 adjusted EPS guidance of $3.33–$3.53, roughly in line with sell‑side expectations, signaling confidence in the rest of the year despite Q1 softness. That limits downside from the miss but hasn’t removed short‑term pressure. PGE reiterates guidance
• Neutral Sentiment: Regional market developments: PacifiCorp’s entry into a new Western energy market (first mover) could reshape regional procurement and market prices over time; impact on POR is indirect but worth monitoring for wholesale market dynamics and future procurement costs. PacifiCorp leads into new energy market
• Negative Sentiment: Q1 results missed expectations: POR reported $0.58 GAAP EPS (vs. consensus ~ $0.77–0.83) and revenue of $879M (below estimates near $953M); revenue declined ~5.3% year‑over‑year and EPS fell markedly from $0.91 a year earlier — these misses are the main driver of negative sentiment and today’s share weakness. POR lags Q1 estimates
• Negative Sentiment: Milder winter reduced residential and commercial seasonal usage, which lowered near‑term top‑line performance; until seasonal usage normalizes or industrial growth offsets it further, investors may remain cautious. Q1 results and weather commentary

Hedge Funds Weigh In On Portland General Electric

A number of institutional investors have recently bought and sold shares of POR. AQR Capital Management LLC increased its stake in Portland General Electric by 42.2% in the 4th quarter. AQR Capital Management LLC now owns 3,551,731 shares of the utilities provider’s stock worth $170,448,000 after purchasing an additional 1,054,450 shares in the last quarter. Millennium Management LLC increased its stake in Portland General Electric by 99.4% in the 3rd quarter. Millennium Management LLC now owns 1,385,777 shares of the utilities provider’s stock worth $60,974,000 after purchasing an additional 690,743 shares in the last quarter. Freestone Grove Partners LP purchased a new position in Portland General Electric in the 3rd quarter worth about $22,391,000. Marshall Wace LLP purchased a new position in Portland General Electric in the 3rd quarter worth about $14,611,000. Finally, Lazard Asset Management LLC increased its stake in Portland General Electric by 56.1% in the 3rd quarter. Lazard Asset Management LLC now owns 852,157 shares of the utilities provider’s stock worth $37,495,000 after purchasing an additional 306,390 shares in the last quarter.

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.