BMO Capital Markets Cuts Portland General Electric (NYSE:POR) Price Target to $47.00

Portland General Electric (NYSE:POR) had its price objective decreased by equities researchers at BMO Capital Markets from $52.00 to $47.00 in a report issued on Wednesday, Benzinga reports. The brokerage currently has a “market perform” rating on the utilities provider’s stock. BMO Capital Markets’ price target would indicate a potential upside of 5.63% from the company’s current price.

Several other equities analysts have also recently issued reports on POR. LADENBURG THALM/SH SH raised Portland General Electric from a “neutral” rating to a “buy” rating and set a $48.50 target price on the stock in a research note on Thursday, August 13th. JPMorgan Chase & Co. dropped their price target on Portland General Electric from $56.00 to $53.00 and set a “neutral” rating for the company in a research note on Wednesday, September 9th. KeyCorp reiterated a “sector weight” rating on shares of Portland General Electric in a report on Thursday, September 24th. Weiss Ratings lowered shares of Portland General Electric from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, August 27th. Finally, Zacks Research raised shares of Portland General Electric from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 4th. Two research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $50.15.

Portland General Electric Price Performance

Shares of Portland General Electric stock opened at $44.50 on Wednesday. The company’s fifty day simple moving average is $49.09 and its two-hundred day simple moving average is $50.49. Portland General Electric has a 12-month low of $42.58 and a 12-month high of $54.62. The firm has a market cap of $5.23 billion, a PE ratio of 19.60, a price-to-earnings-growth ratio of 1.91 and a beta of 0.51. The company has a quick ratio of 0.86, a current ratio of 0.98 and a debt-to-equity ratio of 1.26.

Portland General Electric (NYSE:POR) last posted its earnings results on Thursday, July 30th. The utilities provider reported $0.64 earnings per share for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.01). Portland General Electric had a return on equity of 7.47% and a net margin of 7.27%.The firm had revenue of $814.00 million for the quarter, compared to analysts’ expectations of $839.75 million. During the same quarter in the prior year, the company posted $0.66 earnings per share. The business’s revenue for the quarter was up .9% on a year-over-year basis. As a group, equities analysts expect that Portland General Electric will post 3.39 EPS for the current year.

Insiders Place Their Bets

In related news, Director Michael Lewis sold 1,537 shares of the business’s stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $51.83, for a total value of $79,662.71. Following the completion of the transaction, the director directly owned 15,045 shares in the company, valued at $779,782.35. The trade was a 9.27% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.52% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in POR. BlackRock Inc. lifted its holdings in shares of Portland General Electric by 7.4% during the 2nd quarter. BlackRock Inc. now owns 18,719,655 shares of the utilities provider’s stock valued at $970,240,000 after buying an additional 1,292,219 shares during the period. State Street Corp lifted its stake in shares of Portland General Electric by 8.0% during the 2nd quarter. State Street Corp now owns 5,019,860 shares of the utilities provider’s stock valued at $262,810,000 after buying an additional 372,165 shares in the last quarter. Clearbridge Investments LLC boosted 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 worth $222,824,000 after purchasing an additional 4,321,305 shares during the period. Geode Capital Management LLC lifted its position in shares of Portland General Electric by 2.7% in the fourth quarter. Geode Capital Management LLC now owns 2,805,796 shares of the utilities provider’s stock worth $134,680,000 after buying an additional 73,185 shares in the last quarter. Finally, HITE Hedge Asset Management LLC grew its stake in shares of Portland General Electric by 27.7% in the 4th quarter. HITE Hedge Asset Management LLC now owns 2,654,761 shares of the utilities provider’s stock worth $127,402,000 after buying an additional 576,275 shares in the last quarter.

Portland General Electric News Summary

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

• Positive Sentiment: KeyCorp modestly raised its FY2026 EPS estimate to $3.42 from $3.41 and its FY2029 estimate to $4.09 from $4.03, indicating some longer-term earnings support. However, the firm maintained a “Sector Weight” rating. KeyCorp earnings estimates
• Neutral Sentiment: KeyCorp trimmed its Q3 2026 EPS forecast to $1.25 from $1.26, while its full-year outlook remains around $3.39. The small adjustment suggests limited near-term earnings momentum rather than a major forecast change. KeyCorp quarterly estimate
• Negative Sentiment: UBS lowered its price target to $50 from $53 but retained a “Neutral” rating. Although the revised target implies potential upside from the current quote, the reduction signals weaker valuation expectations. UBS price target cut
• Negative Sentiment: The stock fell 6.5% after an analyst downgrade, intensifying selling pressure already associated with the lower UBS target. Portland General Electric analyst downgrade
• Negative Sentiment: Portland General Electric halted its holding-company restructuring plan after the Oregon Public Utility Commission imposed conditions the company considers too strict. The potential abandonment delays the strategic transaction and creates regulatory uncertainty. Holding company restructuring halted
• Negative Sentiment: The company also faces conditions attached to an $83 million order, adding to investor concerns about regulatory oversight and execution risk. $83 million order conditions
• Negative Sentiment: A billing issue involving missing solar credits reportedly affects hundreds of customers, creating potential customer-relations and compliance concerns, though the financial impact is not yet clear. Missing solar credits issue

Portland General Electric Company Profile

Portland General Electric Company (NYSE: POR) is an investor-owned electric utility that generates, purchases, transmits, distributes and sells electricity in Oregon. The company serves residential, commercial, industrial and other customers, offering electric delivery and related energy services across its service territory.

Founded in 1889, Portland General Electric is headquartered in Portland, Oregon, and serves communities in the Portland metropolitan area and the Willamette Valley, among other parts of the state.