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

Portland General Electric (NYSE:POR) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 3.330-3.530 for the period, compared to the consensus estimate of 3.410. The company issued revenue guidance of -.

Portland General Electric Stock Performance

Shares of Portland General Electric stock opened at $49.81 on Friday. The firm has a market cap of $5.76 billion, a PE ratio of 22.24, a price-to-earnings-growth ratio of 2.07 and a beta of 0.54. The firm’s 50-day simple moving average is $52.59 and its 200-day simple moving average is $50.12. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.95 and a current ratio of 1.08. Portland General Electric has a 1 year low of $39.54 and a 1 year high of $54.62.

Portland General Electric (NYSE:POR) last issued its earnings results on Friday, May 1st. The utilities provider reported $0.58 earnings per share (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 8.56% and a return on equity of 8.52%. The business’s revenue for the quarter was down 5.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.91 EPS. Portland General Electric has set its FY 2026 guidance at 3.330-3.530 EPS. Equities analysts forecast that Portland General Electric will post 3.4 earnings per share for the current fiscal year.

Portland General Electric Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Thursday, June 25th will be paid a $0.5513 dividend. This is a boost from Portland General Electric’s previous quarterly dividend of $0.53. The ex-dividend date is Thursday, June 25th. This represents a $2.21 dividend on an annualized basis and a dividend yield of 4.4%. Portland General Electric’s dividend payout ratio (DPR) is currently 75.81%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. UBS Group boosted their price objective on shares of Portland General Electric from $53.00 to $55.00 and gave the company a “neutral” rating in a research report on Thursday, February 19th. Weiss Ratings downgraded shares of Portland General Electric from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, February 17th. BMO Capital Markets reaffirmed a “market perform” rating and set a $55.00 price objective on shares of Portland General Electric in a research report on Thursday, February 19th. JPMorgan Chase & Co. boosted their price objective 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, Wells Fargo & Company set a $51.00 price objective on shares of Portland General Electric in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $51.00.

Insider Buying and Selling at Portland General Electric

In related news, EVP Benjamin Felton sold 4,969 shares of the business’s stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $53.56, for a total transaction of $266,139.64. Following the completion of the sale, the executive vice president owned 41,081 shares of the company’s stock, valued at $2,200,298.36. This represents a 10.79% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.52% of the stock is currently owned by corporate insiders.

Key Portland General Electric News

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

• Positive Sentiment: Industrial demand grew ~10% quarter?over?quarter driven by data center and high?tech customers, supporting outlook for higher commercial/industrial load over time. Portland General Electric Announces First Quarter 2026 Results
• Positive Sentiment: Management reaffirmed FY?2026 adjusted EPS guidance at $3.33–$3.53, close to consensus, and said it’s targeting a mid?2027 close on the Washington acquisition — stability in guidance helps limit downside to estimates. PGE reiterates $3.33-$3.53 2026 EPS guidance as it targets mid-2027 Washington close
• Neutral Sentiment: Regional market changes — PacifiCorp is participating in a new Western energy market that promises savings; implications for PGE are mixed (could reduce wholesale costs but change competitive dynamics). PacifiCorp is first Western utility in new energy market that promises savings
• Neutral Sentiment: Earnings call materials and transcript provide detail on weather impacts, customer mix and capital plans for investors willing to dig into guidance drivers. Portland General Electric Company (POR) Q1 2026 Earnings Call Transcript
• Negative Sentiment: Q1 results missed expectations: GAAP EPS and adjusted EPS were below consensus and revenue declined year?over?year (weaker residential/commercial usage tied to an unusually mild winter). That shortfall is the primary driver of the share price decline. Portland General Electric Q1 results and call

Hedge Funds Weigh In On Portland General Electric

Hedge funds and other institutional investors have recently made changes to their positions in the business. Johnson Financial Group Inc. acquired a new position in shares of Portland General Electric during the third quarter worth approximately $27,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of Portland General Electric by 272.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 719 shares of the utilities provider’s stock worth $35,000 after buying an additional 526 shares during the period. IFP Advisors Inc boosted its position in shares of Portland General Electric by 61.7% during the third quarter. IFP Advisors Inc now owns 1,080 shares of the utilities provider’s stock worth $48,000 after buying an additional 412 shares during the period. Smartleaf Asset Management LLC boosted its position in shares of Portland General Electric by 18.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,469 shares of the utilities provider’s stock worth $71,000 after buying an additional 226 shares during the period. Finally, CIBC Private Wealth Group LLC boosted its position in shares of Portland General Electric by 202.7% during the third quarter. CIBC Private Wealth Group LLC now owns 1,816 shares of the utilities provider’s stock worth $80,000 after buying an additional 1,216 shares during the period.

About Portland General Electric

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.