Brokerages Set Portland General Electric Company (NYSE:POR) Price Target at $50.17

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

A number of research firms have recently weighed in on POR. BMO Capital Markets reissued a “market perform” rating and set a $55.00 target price on shares of Portland General Electric in a research report on Thursday, February 19th. UBS Group lifted 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. Wells Fargo & Company upped their price objective on Portland General Electric from $45.00 to $49.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 20th. Barclays increased their price objective on Portland General Electric from $47.00 to $53.00 and gave the company an “equal weight” rating in a report on Tuesday, February 17th. Finally, Weiss Ratings downgraded Portland General Electric from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, February 17th.

Insiders Place Their Bets

In related news, EVP Benjamin Felton sold 4,969 shares of the business’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 sale, the executive vice president directly owned 41,081 shares in the company, valued at approximately $2,200,298.36. The trade was a 10.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.40% of the company’s stock.

Hedge Funds Weigh In On Portland General Electric

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its position in shares of Portland General Electric by 4.1% in the fourth quarter. Vanguard Group Inc. now owns 13,020,573 shares of the utilities provider’s stock valued at $624,857,000 after purchasing an additional 513,517 shares during the period. ATLAS Infrastructure Partners UK Ltd. lifted its stake in shares of Portland General Electric by 24.1% during the 2nd quarter. ATLAS Infrastructure Partners UK Ltd. now owns 5,459,258 shares of the utilities provider’s stock valued at $221,810,000 after buying an additional 1,058,623 shares in the last quarter. State Street Corp boosted its holdings in 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 buying an additional 156,164 shares during the period. Clearbridge Investments LLC grew 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 buying an additional 4,321,305 shares in the last quarter. Finally, AQR Capital Management LLC grew 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 buying an additional 1,054,450 shares in the last quarter.

Portland General Electric Trading Down 0.1%

NYSE POR opened at $53.37 on Friday. The business’s fifty day moving average is $50.83 and its 200-day moving average is $47.58. 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 stock has a market capitalization of $6.17 billion, a price-to-earnings ratio of 19.27, a PEG ratio of 3.02 and a beta of 0.66. Portland General Electric has a one year low of $39.54 and a one year high of $54.39.

Portland General Electric (NYSE:POR) last posted its quarterly earnings results on Tuesday, February 17th. The utilities provider reported $0.47 earnings per share 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 company had revenue of $889.00 million for the quarter, compared to the consensus estimate of $892.31 million. During the same quarter 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. Equities research analysts predict that Portland General Electric will post 3.21 EPS for the current year.

Portland General Electric Announces Dividend

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

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.