Portland General Electric (NYSE:POR) Releases FY 2025 Earnings Guidance

Portland General Electric (NYSE:POR - Get Free Report) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 3.130-3.330 for the period, compared to the consensus estimate of 3.230. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the stock. Jefferies Financial Group decreased their target price on shares of Portland General Electric from $47.00 to $42.00 and set a "hold" rating on the stock in a report on Tuesday, January 28th. LADENBURG THALM/SH SH lowered shares of Portland General Electric from a "buy" rating to a "neutral" rating and set a $42.00 price objective on the stock. in a report on Tuesday, February 18th. Evercore ISI decreased their price objective on shares of Portland General Electric from $51.00 to $48.00 and set an "outperform" rating on the stock in a report on Monday. Barclays upped their price objective on shares of Portland General Electric from $47.00 to $48.00 and gave the stock an "equal weight" rating in a report on Tuesday, April 22nd. Finally, StockNews.com upgraded shares of Portland General Electric from a "sell" rating to a "hold" rating in a report on Friday. One analyst has rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $45.40.

Portland General Electric Stock Up 0.1 %

POR traded up $0.05 during trading hours on Monday, hitting $41.41. 1,381,330 shares of the company's stock were exchanged, compared to its average volume of 1,032,434. Portland General Electric has a 12-month low of $40.05 and a 12-month high of $49.85. The firm has a 50 day moving average of $43.59 and a 200 day moving average of $44.32. The firm has a market cap of $4.53 billion, a P/E ratio of 13.76, a price-to-earnings-growth ratio of 1.11 and a beta of 0.49. The company has a current ratio of 0.92, a quick ratio of 0.81 and a debt-to-equity ratio of 1.22.

Portland General Electric (NYSE:POR - Get Free Report) last announced its quarterly earnings data on Friday, April 25th. The utilities provider reported $0.91 EPS for the quarter, missing analysts' consensus estimates of $0.93 by ($0.02). Portland General Electric had a net margin of 9.13% and a return on equity of 9.10%. The firm had revenue of $928.00 million during the quarter, compared to analysts' expectations of $977.02 million. During the same period in the prior year, the company posted $1.21 earnings per share. The company's revenue for the quarter was down .1% on a year-over-year basis. Analysts predict that Portland General Electric will post 3.21 EPS for the current fiscal year.

Portland General Electric Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Tuesday, June 24th will be given a $0.525 dividend. The ex-dividend date of this dividend is Tuesday, June 24th. This is an increase from Portland General Electric's previous quarterly dividend of $0.50. This represents a $2.10 dividend on an annualized basis and a dividend yield of 5.07%. Portland General Electric's dividend payout ratio is currently 69.77%.

Insider Activity

In other news, EVP Benjamin Felton sold 1,845 shares of the company's stock in a transaction on Thursday, April 17th. The shares were sold at an average price of $43.02, for a total value of $79,371.90. Following the completion of the transaction, the executive vice president now owns 32,646 shares in the company, valued at approximately $1,404,430.92. This represents a 5.35 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Joseph R. Trpik, Jr. sold 1,375 shares of the company's stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $41.32, for a total transaction of $56,815.00. Following the completion of the transaction, the chief financial officer now owns 31,960 shares of the company's stock, valued at approximately $1,320,587.20. The trade was a 4.12 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 3,795 shares of company stock worth $159,946. Corporate insiders own 0.40% of the company's stock.

Portland General Electric Company Profile

Portland General Electric Company, an integrated electric utility company, engages in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. It operates six thermal plants, three wind farms, and seven hydroelectric facilities. As of December 31, 2023, the company owned an electric transmission system consisting of 1,254 circuit miles, including 287 circuit miles of 500 kilovolt line, 413 circuit miles of 230 kilovolt line, and 554 miles of 115 kilovolt line; and served 934 thousand retail customers in 51 cities.