Portland General Electric Company (POR)

NYSE: POR · Real-Time Price · USD
44.03
+0.12 (0.27%)
Dec 20, 2024, 4:00 PM EST - Market closed
0.27%
Market Cap 4.64B
Revenue (ttm) 3.34B
Net Income (ttm) 343.00M
Shares Out 105.46M
EPS (ttm) 3.35
PE Ratio 13.15
Forward PE 14.59
Dividend $2.00 (4.54%)
Ex-Dividend Date Dec 24, 2024
Volume 1,855,889
Open 43.84
Previous Close 43.91
Day's Range 43.65 - 44.27
52-Week Range 39.14 - 49.85
Beta 0.61
Analysts Buy
Price Target 49.13 (+11.58%)
Earnings Date Feb 14, 2025

About POR

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... [Read more]

Sector Utilities
Founded 1889
Employees 2,842
Stock Exchange NYSE
Ticker Symbol POR
Full Company Profile

Financial Performance

In 2023, POR's revenue was $2.92 billion, an increase of 10.43% compared to the previous year's $2.65 billion. Earnings were $228.00 million, a decrease of -2.15%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for POR stock is "Buy." The 12-month stock price forecast is $49.13, which is an increase of 11.58% from the latest price.

Price Target
$49.13
(11.58% upside)
Analyst Consensus: Buy
Stock Forecasts

News

PGE receives decision from Oregon Public Utility Commission in 2025 rate review

Rate decision supports investments in battery storage, transmission infrastructure and maintenance to improve reliability for customers. PORTLAND, Ore.

21 hours ago - PRNewsWire

The Best Utility Stocks to Buy

Utility stocks are defensive plays for investors, offering stability and reliable dividends. Here, we look at how you can find the best ones to buy.

Other symbols: CMSDTEETREVRGNEEPPLSWX
10 days ago - Kiplinger

Avangrid and Portland General Electric Collaborate with QTS and Meta to Build 120 MWac Solar Project in Oregon

PORTLAND, Ore.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, and Portland General Electric (PGE) (NYSE: POR), are announcing the...

Other symbols: AGR
19 days ago - Business Wire

Portland General Electric's new wind farm contributes to record-high wind generation for Oregon customers

The Clearwater Wind Energy Center helped PGE generate more than one gigawatt of power from wind sources alone for the first time in company history PORTLAND, Ore. , Nov. 13, 2024 /PRNewswire/ -- In it...

5 weeks ago - PRNewsWire

Portland General Electric Company (POR) Q3 2024 Earnings Call Transcript

Portland General Electric Company (NYSE:POR) Q3 2024 Earnings Conference Call October 25, 2024 11:00 AM ET Company Participants Nick White - Manager, Investor Relations Maria Pope - President and Chi...

2 months ago - Seeking Alpha

Portland General Electric Announces Third Quarter 2024 Results

Third quarter results reflect improved power cost conditions and continued robust demand growth from high-tech and data center customers Narrowing 2024 adjusted earnings guidance from $2.98 to $3.18 t...

2 months ago - PRNewsWire

Portland General Electric declares dividend

PORTLAND, Ore. , Oct. 18, 2024 /PRNewswire/ -- On October 18, 2024, the board of directors of Portland General Electric Company (NYSE: POR) declared a quarterly common stock dividend of $0.50 per shar...

2 months ago - PRNewsWire

Portland General Electric schedules earnings release and conference call for Friday, October 25

PORTLAND, Ore. , Sept. 25, 2024 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) announced today that it will host an analyst conference call and webcast at 11 a.m.

3 months ago - PRNewsWire

Portland General Electric Company (POR) Q2 2024 Earnings Call Transcript

Portland General Electric Company (NYSE:POR) Q2 2024 Earnings Conference Call July 26, 2024 11:00 AM ET Company Participants Nick White - Manager, Investor Relations Maria Pope - President and Chief ...

5 months ago - Seeking Alpha

Portland General Electric Announces Second Quarter 2024 Results

Second quarter results reflect continued focus on execution and cost management, semiconductor manufacturing and data center demand growth, and solid power cost performance Reaffirming 2024 adjusted e...

5 months ago - PRNewsWire

Portland General Electric's Data Centers, Industry Growth Fuel Stock Upgrade

KeyBanc Capital Markets analysts upgraded Portland General Electric Company POR to Overweight from Sector Weight, with a $52 price target.

5 months ago - Benzinga

Portland General Electric schedules earnings release and conference call for Friday, July 26

PORTLAND, Ore. , June 26, 2024 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) announced today that it will host an analyst conference call and webcast at 11 a.m.

6 months ago - PRNewsWire

10 Upcoming Dividend Increases

I highlight ten companies with a history of raising dividends this week. The list will complete not only June, but the first half of 2024. Dividend King National Fuel Gas Company extends its streak wi...

6 months ago - Seeking Alpha

PGE joins Grid United and ALLETE in 3,000 megawatt east-west transmission line

The North Plains Connector transmission line will more than double the transfer capacity between the eastern and western U.S. electric grids, providing PGE access to new, diverse resources and bolster...

Other symbols: ALE
7 months ago - PRNewsWire

Portland General Electric Company (POR) Q1 2024 Earnings Call Transcript

Portland General Electric Company (NYSE:POR) Q1 2024 Earnings Conference Call April 26, 2024 11:00 AM ET Company Participants Nick White - Manager, Investor Relations Maria Pope - President & Chief E...

8 months ago - Seeking Alpha

Portland General Electric Announces First Quarter 2024 Results

First quarter results reflect continued strong semiconductor and data center demand growth Clearwater Wind Development placed into service in January, providing geographic resource diversity and 311 M...

8 months ago - PRNewsWire

Portland General Electric: Strong Industrial Load Growth Could Boost Earnings

Portland General Electric earnings have faced interest rate headwinds in recent years. Nevertheless, Portland General Electric has had decent load growth over the years and management expects further ...

9 months ago - Seeking Alpha

Portland General Electric schedules earnings release and conference call for Friday, April 26

PORTLAND, Ore. , March 26, 2024 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) announced today that it will host an analyst conference call and webcast at 11 a.m.

9 months ago - PRNewsWire

Portland General Electric announces intent to join CAISO EDAM regional energy market to benefit customers, environment

Participation in California Independent System Operator (CAISO) Extended Day-Ahead Market (EDAM) to enhance affordability, reliability and access to clean power.   PORTLAND, Ore.

9 months ago - PRNewsWire

PGE outlines progress and purpose in 2023 Environmental, Social and Governance report

Report shares PGE's progress in delivering reliable, affordable, accessible energy services while leading the transition to a clean energy future. PORTLAND, Ore.

10 months ago - PRNewsWire

Portland General Electric Company (POR) Q4 2023 Earnings Call Transcript

Portland General Electric Company (POR) Q4 2023 Earnings Call Transcript

11 months ago - Seeking Alpha

Portland General Electric announces 2023 financial results and initiates 2024 earnings guidance

Full-year 2023 GAAP basis financial results of $2.33 per diluted share; full-year 2023 non-GAAP basis adjusted financial results of $2.38 per diluted share Initiating 2024 adjusted earnings guidance o...

11 months ago - PRNewsWire

Portland General Electric issues All-Source Request for Proposal for renewable and non-emitting energy projects to meet growing customer demand

RFP process seeks bids for new energy resources to provide resource adequacy during the clean energy transition PORTLAND, Ore. , Feb. 5, 2024 /PRNewswire/ -- On Friday, February 2, Portland General El...

11 months ago - PRNewsWire

Portland General Electric schedules earnings release and conference call for Friday, February 16

PORTLAND, Ore. , Jan. 16, 2024 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) announced today that it will host an analyst conference call and webcast at 11 a.m.

1 year ago - PRNewsWire

Portland General Electric Company (POR) Q3 2023 Earnings Call Transcript

Portland General Electric Company (NYSE:POR) Q3 2023 Earnings Conference Call October 27, 2023 11:00 AM ET Company Participants Nick White - Manager, Investor Relations Maria Pope - President & Chief...

1 year ago - Seeking Alpha