KeyCorp Equities Analysts Reduce Earnings Estimates for POR

Portland General Electric Company (NYSE:POR) – Investment analysts at KeyCorp cut their Q3 2026 earnings per share estimates for Portland General Electric in a research note issued on Wednesday, September 23rd. KeyCorp analyst S. Karp now anticipates that the utilities provider will earn $1.25 per share for the quarter, down from their previous estimate of $1.26. KeyCorp has a “Sector Weight” rating on the stock. The consensus estimate for Portland General Electric’s current full-year earnings is $3.39 per share. KeyCorp also issued estimates for Portland General Electric’s FY2026 earnings at $3.42 EPS and FY2029 earnings at $4.09 EPS.

Other equities analysts have also issued research reports about the stock. BMO Capital Markets set a $52.00 price target on shares of Portland General Electric in a research report on Tuesday, August 4th. Weiss Ratings cut shares of Portland General Electric from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, August 27th. JPMorgan Chase & Co. dropped their price objective on Portland General Electric from $56.00 to $53.00 and set a “neutral” rating for the company in a report on Wednesday, September 9th. 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 report on Thursday, August 13th. Finally, UBS Group reduced their target price on Portland General Electric from $53.00 to $50.00 and set a “neutral” rating on the stock in a report on Monday. Two analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, Portland General Electric currently has a consensus rating of “Hold” and a consensus price target of $50.65.

Portland General Electric Trading Up 0.7%

Shares of POR stock opened at $44.50 on Tuesday. The firm’s 50-day simple moving average is $49.09 and its 200-day simple moving average is $50.49. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.98 and a quick ratio of 0.86. Portland General Electric has a 1-year low of $42.58 and a 1-year high of $54.62. The firm has a market cap of $5.23 billion, a P/E ratio of 19.60, a PEG ratio of 1.91 and a beta of 0.51.

Portland General Electric (NYSE:POR) last issued its quarterly earnings results on Thursday, July 30th. The utilities provider reported $0.64 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.01). The business had revenue of $814.00 million during the quarter, compared to analyst estimates of $839.75 million. Portland General Electric had a return on equity of 7.47% and a net margin of 7.27%.The firm’s quarterly revenue was up .9% on a year-over-year basis. During the same period in the previous year, the business posted $0.66 earnings per share.

Hedge Funds Weigh In On Portland General Electric

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Bank & Trust Co raised its stake in shares of Portland General Electric by 2.0% during 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. First Citizens Bank & Trust Co. grew its holdings in Portland General Electric by 2.0% during the 1st quarter. First Citizens Bank & Trust Co. now owns 10,997 shares of the utilities provider’s stock valued at $580,000 after purchasing an additional 218 shares in the last quarter. Fox Hill Wealth Management grew its holdings in Portland General Electric by 0.6% during the 4th quarter. Fox Hill Wealth Management now owns 39,373 shares of the utilities provider’s stock valued at $1,890,000 after purchasing an additional 237 shares in the last quarter. OneDigital Investment Advisors LLC increased its stake in Portland General Electric by 3.3% during the 2nd quarter. OneDigital Investment Advisors LLC now owns 7,588 shares of the utilities provider’s stock worth $393,000 after buying an additional 241 shares during the period. Finally, State of Wyoming increased its stake in Portland General Electric by 32.9% during the 2nd quarter. State of Wyoming now owns 1,193 shares of the utilities provider’s stock worth $62,000 after buying an additional 295 shares during the period.

Insider Transactions at Portland General Electric

In other news, Director Michael Lewis sold 1,537 shares of the stock in a transaction 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 sale, the director owned 15,045 shares of the company’s stock, valued at $779,782.35. This represents a 9.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.52% of the stock is currently owned by corporate insiders.

Portland General Electric Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Friday, September 25th will be paid a dividend of $0.5513 per share. This represents a $2.21 annualized dividend and a yield of 5.0%. The ex-dividend date is Friday, September 25th. Portland General Electric’s payout ratio is currently 96.92%.

Trending Headlines about Portland General Electric

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

• Positive Sentiment: KeyCorp slightly raised its Portland General Electric FY2026 EPS estimate to $3.42 from $3.41 and its FY2029 forecast to $4.09 from $4.03. The long-term estimate increases offer a modest earnings-growth signal, although KeyCorp maintained a “Sector Weight” rating.
• Neutral Sentiment: Trading in POR was temporarily halted for “News Pending,” indicating that investors were awaiting material company or regulatory information.
• Neutral Sentiment: KeyCorp’s current full-year consensus reference remains $3.38 per share, while its $3.42 FY2026 forecast is only modestly above that level, limiting the impact of the estimate revisions.
• Negative Sentiment: KeyCorp lowered its Q3 2026 EPS estimate to $1.25 from $1.26, signaling slightly softer near-term earnings expectations. The firm continues to rate the utility “Sector Weight.”
• Negative Sentiment: UBS cut its price target to $50 from $53 and retained a “Neutral” rating. Although the revised target still implies potential upside from recent trading levels, the reduction reflects less near-term conviction. UBS Lowers Price Target on Portland General Electric
• Negative Sentiment: Portland General Electric said Oregon regulators imposed overly strict conditions on its proposed holding-company structure, and the company may abandon the plan. The regulatory setback could reduce strategic flexibility and create uncertainty around the proposal. PGE Says Oregon PUC Order on Holding Company Proposal is Too Strict PGE May Abandon Holding-Company Plan
• Negative Sentiment: A billing issue involving missing solar credits reportedly affects hundreds of customers. While the financial effect is unclear, the problem could create customer-relations, remediation, or regulatory risks. Missing Solar Credits on Customer Bills

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.