KeyCorp Research Analysts Lower Earnings Estimates for POR

Portland General Electric Company (NYSE:POR) – KeyCorp reduced their Q2 2026 earnings estimates for Portland General Electric in a research report issued to clients and investors on Wednesday, July 22nd. KeyCorp analyst S. Karp now expects that the utilities provider will earn $0.63 per share for the quarter, down from their previous forecast of $0.69. The consensus estimate for Portland General Electric’s current full-year earnings is $3.40 per share. KeyCorp also issued estimates for Portland General Electric’s Q3 2026 earnings at $1.26 EPS, FY2026 earnings at $3.41 EPS and FY2029 earnings at $4.03 EPS.

POR has been the topic of several other research reports. Weiss Ratings restated a “hold (c+)” rating on shares of Portland General Electric in a research note on Friday, May 15th. JPMorgan Chase & Co. lifted their price target on Portland General Electric from $51.00 to $54.00 and gave the stock a “neutral” rating in a research note on Monday, April 20th. Zacks Research cut Portland General Electric from a “hold” rating to a “strong sell” rating in a research report on Monday, July 6th. Wells Fargo & Company set a $51.00 price objective on shares of Portland General Electric in a research report on Tuesday, April 21st. Finally, BMO Capital Markets dropped their target price on Portland General Electric from $55.00 to $54.00 and set a “market perform” rating on the stock in a research report on Wednesday. One equities research analyst has rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus price target of $50.90.

Portland General Electric Trading Down 1.0%

Shares of NYSE POR opened at $52.41 on Friday. The company has a market cap of $6.07 billion, a price-to-earnings ratio of 23.40, a price-to-earnings-growth ratio of 2.22 and a beta of 0.52. The stock’s 50 day simple moving average is $50.98 and its 200 day simple moving average is $51.26. The company has a current ratio of 1.09, a quick ratio of 0.95 and a debt-to-equity ratio of 1.19. Portland General Electric has a 12-month low of $39.73 and a 12-month high of $54.62.

Portland General Electric (NYSE:POR) last issued its earnings results on Thursday, April 30th. The utilities provider reported $0.58 EPS for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.19). The company had revenue of $879.00 million during the quarter, compared to analyst estimates of $953.24 million. Portland General Electric had a net margin of 7.12% and a return on equity of 7.57%. The business’s revenue was down 5.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.91 earnings per share.

Insider Activity

In other Portland General Electric news, VP Juan Diego Gallegos sold 2,750 shares of the firm’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $48.67, for a total value of $133,842.50. Following the completion of the sale, the vice president owned 12,127 shares in the company, valued at approximately $590,221.09. This trade represents a 18.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Robert N. Hoglund acquired 2,000 shares of the stock in a transaction that occurred on Monday, May 11th. The stock was purchased at an average price of $48.80 per share, with a total value of $97,600.00. Following the completion of the transaction, the director owned 2,519 shares of the company’s stock, valued at approximately $122,927.20. This trade represents a 385.36% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 0.52% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Bank & Trust Co increased its holdings in Portland General Electric by 2.0% in the second quarter. Bank & Trust Co now owns 10,115 shares of the utilities provider’s stock valued at $524,000 after purchasing an additional 198 shares during the period. Natixis Advisors LLC raised its position in shares of Portland General Electric by 0.6% in the 4th quarter. Natixis Advisors LLC now owns 35,548 shares of the utilities provider’s stock worth $1,706,000 after acquiring an additional 207 shares in the last quarter. Sigma Planning Corp lifted its stake in Portland General Electric by 3.9% in the fourth quarter. Sigma Planning Corp now owns 5,663 shares of the utilities provider’s stock valued at $272,000 after buying an additional 210 shares during the period. First Citizens Bank & Trust Co. boosted its stake in Portland General Electric by 2.0% during the first quarter. First Citizens Bank & Trust Co. now owns 10,997 shares of the utilities provider’s stock worth $580,000 after acquiring an additional 218 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its stake in Portland General Electric by 18.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,469 shares of the utilities provider’s stock valued at $71,000 after purchasing an additional 226 shares in the last quarter.

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.