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