KeyCorp Has Positive Forecast for POR Q4 Earnings

Portland General Electric Company (NYSE:POR) – KeyCorp increased their Q4 2026 earnings per share (EPS) estimates for Portland General Electric in a research note issued to investors on Wednesday, July 22nd. KeyCorp analyst S. Karp now expects that the utilities provider will earn $0.91 per share for the quarter, up from their prior estimate of $0.62. The consensus estimate for Portland General Electric’s current full-year earnings is $3.39 per share.

Portland General Electric (NYSE:POR) last released its quarterly earnings results on Thursday, April 30th. The utilities provider reported $0.58 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.19). Portland General Electric had a net margin of 7.12% and a return on equity of 7.57%. The firm 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. The company’s revenue for the quarter was down 5.3% compared to the same quarter last year.

Other analysts have also issued reports about the stock. JPMorgan Chase & Co. boosted their target price on shares of Portland General Electric from $51.00 to $54.00 and gave the company a “neutral” rating in a research report on Monday, April 20th. Zacks Research cut shares of Portland General Electric from a “hold” rating to a “strong sell” rating in a research note on Monday, July 6th. BMO Capital Markets cut their price objective on shares of Portland General Electric from $55.00 to $54.00 and set a “market perform” rating for the company in a research report on Wednesday, July 22nd. Weiss Ratings restated a “hold (c+)” rating on shares of Portland General Electric in a research note on Friday, May 15th. Finally, Wells Fargo & Company set a $51.00 target price on Portland General Electric in a report on Tuesday, April 21st. One research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Reduce” and a consensus target price of $50.90.

Portland General Electric Price Performance

Shares of NYSE:POR opened at $51.21 on Monday. The company has a quick ratio of 0.95, a current ratio of 1.09 and a debt-to-equity ratio of 1.19. The stock has a market capitalization of $5.93 billion, a PE ratio of 22.86, a price-to-earnings-growth ratio of 2.15 and a beta of 0.52. The firm’s 50 day moving average price is $51.17 and its 200-day moving average price is $51.32. Portland General Electric has a twelve month low of $40.81 and a twelve month high of $54.62.

Institutional Investors Weigh In On Portland General Electric

A number of institutional investors have recently bought and sold shares of the business. V Square Quantitative Management LLC purchased a new position in shares of Portland General Electric in the fourth quarter valued at about $25,000. Private Trust Co. NA grew its position in shares of Portland General Electric by 76.4% during the fourth quarter. Private Trust Co. NA now owns 552 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 239 shares in the last quarter. Johnson Financial Group Inc. bought a new stake in Portland General Electric during the 3rd quarter valued at approximately $27,000. Rothschild Investment LLC lifted its holdings in Portland General Electric by 112.9% in the 4th quarter. Rothschild Investment LLC now owns 611 shares of the utilities provider’s stock worth $29,000 after purchasing an additional 324 shares in the last quarter. Finally, SHP Wealth Management purchased a new position in Portland General Electric in the 4th quarter worth approximately $34,000.

Insider Activity

In other news, CFO Joseph R. Trpik, Jr. sold 7,500 shares of the stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $49.03, for a total value of $367,725.00. Following the completion of the sale, the chief financial officer directly owned 31,897 shares of the company’s stock, valued at $1,563,909.91. This represents a 19.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Michael A. Lewis sold 1,537 shares of the firm’s stock in a transaction on Monday, July 27th. The shares were sold at an average price of $51.83, for a total transaction of $79,662.71. Following the sale, the director owned 15,045 shares in the company, valued at $779,782.35. The trade was a 9.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 11,787 shares of company stock worth $581,230 in the last quarter. 0.52% of the stock is currently owned by insiders.

Portland General Electric Dividend Announcement

The company 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 4.3%. The ex-dividend date of this dividend is Friday, September 25th. Portland General Electric’s dividend payout ratio is currently 98.21%.

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.