Portland General Electric Company (NYSE:POR) Receives $50.17 Average Target Price from Analysts

Portland General Electric Company (NYSE:POR) has been given an average rating of “Hold” by the twelve brokerages that are currently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $50.1667.

Several research analysts recently issued reports on the stock. UBS Group increased their price target on shares of Portland General Electric from $53.00 to $55.00 and gave the stock a “neutral” rating in a report on Thursday, February 19th. LADENBURG THALM/SH SH reaffirmed a “sell” rating and issued a $43.00 price objective on shares of Portland General Electric in a report on Thursday, December 4th. BTIG Research reissued a “buy” rating and set a $58.00 target price on shares of Portland General Electric in a research note on Friday, January 30th. Loop Capital set a $48.00 price target on Portland General Electric in a report on Tuesday, December 30th. Finally, JPMorgan Chase & Co. lifted their price target on Portland General Electric from $47.00 to $49.00 and gave the company a “neutral” rating in a research note on Friday, December 12th.

Portland General Electric Price Performance

Shares of NYSE POR opened at $51.96 on Friday. The stock has a fifty day moving average price of $51.01 and a 200 day moving average price of $47.72. Portland General Electric has a 1-year low of $39.54 and a 1-year high of $54.39. 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 $6.00 billion, a PE ratio of 18.76, a P/E/G ratio of 3.00 and a beta of 0.66.

Portland General Electric (NYSE:POR) last announced its quarterly earnings data on Tuesday, February 17th. The utilities provider reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by ($0.12). Portland General Electric had a net margin of 8.56% and a return on equity of 8.52%. The firm had revenue of $889.00 million during the quarter, compared to analyst estimates of $892.31 million. During the same period in the prior year, the firm posted $0.36 earnings per share. Portland General Electric has set its FY 2026 guidance at 3.330-3.530 EPS. Sell-side analysts forecast that Portland General Electric will post 3.21 EPS for the current year.

Portland General Electric Announces Dividend

The business 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 dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 4.0%. The ex-dividend date is Monday, March 23rd. Portland General Electric’s payout ratio is presently 75.81%.

Insider Buying and Selling at Portland General Electric

In other news, EVP Benjamin Felton sold 4,969 shares of the company’s stock in a transaction on Friday, February 27th. The shares were sold at an average price of $53.56, for a total transaction of $266,139.64. Following the transaction, the executive vice president directly owned 41,081 shares of the company’s stock, valued at $2,200,298.36. This represents a 10.79% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.40% of the stock is currently owned by company insiders.

Institutional Trading of Portland General Electric

Institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its position in shares of Portland General Electric by 4.1% during the 4th quarter. Vanguard Group Inc. now owns 13,020,573 shares of the utilities provider’s stock valued at $624,857,000 after acquiring an additional 513,517 shares during the period. ATLAS Infrastructure Partners UK Ltd. grew its holdings in shares of Portland General Electric by 24.1% in the 2nd quarter. ATLAS Infrastructure Partners UK Ltd. now owns 5,459,258 shares of the utilities provider’s stock worth $221,810,000 after acquiring an additional 1,058,623 shares during the period. State Street Corp grew its holdings in shares of Portland General Electric by 3.4% in the 4th quarter. State Street Corp now owns 4,728,784 shares of the utilities provider’s stock worth $229,333,000 after acquiring an additional 156,164 shares during the period. Clearbridge Investments LLC increased its stake in Portland General Electric by 1,342.7% in the 4th quarter. Clearbridge Investments LLC now owns 4,643,134 shares of the utilities provider’s stock valued at $222,824,000 after purchasing an additional 4,321,305 shares in the last quarter. Finally, 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 valued at $170,448,000 after purchasing an additional 1,054,450 shares in the last quarter.

About Portland General Electric

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.