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

Shares of Portland General Electric Company (NYSE:POR) have earned an average recommendation of “Hold” from the twelve brokerages that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, nine have issued a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $50.1667.

POR has been the topic of several recent research reports. Weiss Ratings downgraded shares of Portland General Electric from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, February 17th. JPMorgan Chase & Co. boosted their price target on shares of Portland General Electric from $47.00 to $49.00 and gave the stock a “neutral” rating in a research note on Friday, December 12th. LADENBURG THALM/SH SH reissued a “sell” rating and set a $43.00 target price on shares of Portland General Electric in a research note on Thursday, December 4th. Loop Capital set a $48.00 price objective on Portland General Electric in a research report on Tuesday, December 30th. Finally, BTIG Research reissued a “buy” rating and issued a $58.00 price objective on shares of Portland General Electric in a research report on Friday, January 30th.

Insider Buying and Selling at Portland General Electric

In related news, EVP Benjamin Felton sold 4,969 shares of the company’s 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 completion of the sale, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.52% of the company’s stock.

Institutional Investors Weigh In On Portland General Electric

Hedge funds have recently made changes to their positions in the business. Rockefeller Capital Management L.P. raised its stake in shares of Portland General Electric by 33.6% during the fourth quarter. Rockefeller Capital Management L.P. now owns 3,682 shares of the utilities provider’s stock worth $177,000 after purchasing an additional 927 shares during the last quarter. World Investment Advisors purchased a new position in Portland General Electric in the 4th quarter valued at $273,000. Corient Private Wealth LLC increased its stake in Portland General Electric by 11.5% in the 4th quarter. Corient Private Wealth LLC now owns 10,382 shares of the utilities provider’s stock valued at $498,000 after buying an additional 1,071 shares during the period. SHP Wealth Management acquired a new position in Portland General Electric in the 4th quarter valued at $34,000. Finally, Dean Capital Management purchased a new position in Portland General Electric during the 4th quarter worth $3,801,000.

Portland General Electric Trading Up 1.0%

Shares of NYSE POR opened at $53.62 on Tuesday. The company has a current ratio of 1.08, a quick ratio of 0.95 and a debt-to-equity ratio of 1.19. The stock has a market capitalization of $6.21 billion, a PE ratio of 19.36, a PEG ratio of 3.00 and a beta of 0.62. Portland General Electric has a twelve month low of $39.54 and a twelve month high of $54.39. The stock has a fifty day simple moving average of $52.14 and a 200-day simple moving average of $48.81.

Portland General Electric (NYSE:POR) last posted its earnings results 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). The firm had revenue of $889.00 million for the quarter, compared to analyst estimates of $892.31 million. Portland General Electric had a return on equity of 8.52% and a net margin of 8.56%.During the same period in the previous year, the company posted $0.36 EPS. Portland General Electric has set its FY 2026 guidance at 3.330-3.530 EPS. On average, equities analysts forecast that Portland General Electric will post 3.21 earnings per share for the current year.

Portland General Electric Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Monday, March 23rd will be paid a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 3.9%. The ex-dividend date is Monday, March 23rd. Portland General Electric’s dividend payout ratio (DPR) is currently 75.81%.

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.