Portland General Electric (NYSE:POR) Updates FY 2026 Earnings Guidance

Portland General Electric (NYSE:POR) updated its FY 2026 earnings guidance on Friday. The company provided EPS guidance of 3.330-3.530 for the period, compared to the consensus estimate of 3.390. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on POR. Zacks Research downgraded 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 target price on shares of Portland General Electric in a report on Tuesday, April 21st. BMO Capital Markets decreased their price target 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. JPMorgan Chase & Co. increased their price target 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. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Portland General Electric in a report on Friday, May 15th. One research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Reduce” and an average target price of $50.90.

Portland General Electric Stock Down 0.3%

POR stock opened at $50.14 on Friday. The stock has a market capitalization of $5.80 billion, a PE ratio of 22.38, a price-to-earnings-growth ratio of 2.17 and a beta of 0.52. Portland General Electric has a 52 week low of $40.81 and a 52 week high of $54.62. 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 firm has a 50 day moving average of $51.19 and a 200 day moving average of $51.34.

Portland General Electric (NYSE:POR) last issued its quarterly earnings results on Thursday, July 30th. The utilities provider reported $0.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.06). The company had revenue of $814.00 million for the quarter, compared to analyst estimates of $839.75 million. Portland General Electric had a net margin of 7.12% and a return on equity of 7.57%. Sell-side analysts forecast that Portland General Electric will post 3.38 earnings per share for the current year.

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 given a $0.5513 dividend. This represents a $2.21 annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend is Friday, September 25th. Portland General Electric’s dividend payout ratio is presently 98.21%.

Insider Transactions at Portland General Electric

In related news, VP Juan Diego Gallegos sold 2,750 shares of the firm’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $48.67, for a total value of $133,842.50. Following the completion of the transaction, the vice president owned 12,127 shares in the company, valued at $590,221.09. This trade represents a 18.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Michael A. Lewis sold 1,537 shares of Portland General Electric stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $51.83, for a total value of $79,662.71. Following the sale, the director directly owned 15,045 shares of the company’s stock, valued at approximately $779,782.35. This represents a 9.27% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 11,787 shares of company stock valued at $581,230 in the last quarter. Insiders own 0.52% of the company’s stock.

Institutional Investors Weigh In On Portland General Electric

A number of large investors have recently bought and sold shares of POR. State Street Corp increased 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. AQR Capital Management LLC lifted its stake in Portland General Electric by 42.2% during 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 acquiring an additional 1,054,450 shares during the period. Invesco Ltd. boosted its holdings in shares of Portland General Electric by 4.9% in the 3rd quarter. Invesco Ltd. now owns 2,569,082 shares of the utilities provider’s stock valued at $113,040,000 after acquiring an additional 119,122 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Portland General Electric by 2.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,812,996 shares of the utilities provider’s stock valued at $87,006,000 after acquiring an additional 38,972 shares during the last quarter. Finally, Millennium Management LLC increased its stake in shares of Portland General Electric by 29.0% in the fourth quarter. Millennium Management LLC now owns 1,787,901 shares of the utilities provider’s stock worth $85,801,000 after acquiring an additional 402,124 shares during the period.

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.