Portland General Electric Company (POR)

NYSE: POR · IEX Real-Time Price · USD
55.03
+0.37 (0.68%)
Aug 15, 2022 4:00 PM EDT - Market closed
0.68%
Market Cap 4.91B
Revenue (ttm) 2.47B
Net Income (ttm) 241.00M
Shares Out 89.24M
EPS (ttm) 2.68
PE Ratio 20.53
Forward PE 20.28
Dividend $1.74 (3.17%)
Ex-Dividend Date Sep 23, 2022
Volume 550,189
Open 54.52
Previous Close 54.66
Day's Range 54.47 - 55.06
52-Week Range 45.02 - 57.03
Beta 0.53
Analysts Buy
Price Target 54.16 (-1.6%)
Earnings Date Jul 28, 2022

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, 2021, the company owned an electric transmission system consisting of 1,274 circuit miles, including 287 circuit miles of 500 kilovolt line, 415 circuit miles of 230 kilovolt line, and 572 miles of 115 kilovolt line. It has 28,206 circuit m... [Read more...]

Industry Electric Utilities
Founded 1889
CEO Maria Pope
Employees 3,000
Stock Exchange NYSE
Ticker Symbol POR
Full Company Profile

Financial Performance

In 2021, POR's revenue was $2.40 billion, an increase of 11.70% compared to the previous year's $2.15 billion. Earnings were $244.00 million, an increase of 57.42%.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for POR stock is "Buy." The 12-month stock price forecast is 54.16, which is a decrease of -1.58% from the latest price.

Price Target
$54.16
(-1.58% downside)
Analyst Consensus: Buy
Stock Forecasts

News

POR vs. CNP: Which Stock Is the Better Value Option?

POR vs. CNP: Which Stock Is the Better Value Option?

Other symbols: CNP

Best Momentum Stocks to Buy for August 5th

POR, ANET and MTG made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 5, 2022.

Other symbols: ANETMTG

New Strong Buy Stocks for August 5th

SU, POR, ANET, TITN and RLJ have been added to the Zacks Rank #1 (Strong Buy) List on August 5, 2022.

Other symbols: ANETRLJSUTITN

Best Income Stocks to Buy for August 5th

SU, POR, and MTG made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 5, 2022.

Other symbols: MTGSU

Best Income Stocks to Buy for July 29th

FIBK, GOLF, and POR made it to the Zacks Rank #1 (Strong Buy) income stocks list on July 29, 2022.

Other symbols: FIBKGOLF

Portland General Electric (POR) Q2 Earnings and Revenues Beat Estimates

Portland General Electric (POR) delivered earnings and revenue surprises of 18.03% and 3.96%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Portland General Electric Announces Second Quarter 2022 Results

Revising 2022 GAAP basis earnings guidance from $2.50 to $2.65 to $2.60 to $2.75 per diluted share; initiating non-GAAP basis adjusted full-year 2022 earnings guidance of $2.74 to $2.89 which reflects t...

POR vs. IDA: Which Stock Should Value Investors Buy Now?

POR vs. IDA: Which Stock Is the Better Value Option?

Other symbols: IDA

Portland General Electric declares dividend

PORTLAND, Ore. , July 22, 2022 /PRNewswire/ -- On July 22, 2022, the board of directors of Portland General Electric Company (NYSE: POR) declared a quarterly common stock dividend of $0.4525 per share.

Portland General Electric schedules earnings release and conference call for Thursday, July 28

PORTLAND, Ore. , June 28, 2022 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) announced today that it will host an analyst conference call and webcast at 11 a.m.

Why Portland General Electric Company Shares Are Rising Today

Portland General Electric Company (NYSE: POR) shares are trading higher by 6.32% to $49.97 after the stock was selected to join the S&P Midcap 400. Portland General Electric Company will replace Digital...

Portland General Electric Set to Join S&P MidCap 400; Digital Turbine to Join S&P SmallCap 600

NEW YORK , June 24, 2022 /PRNewswire/ -- Portland General Electric Co. (NYSE: POR) will replace Digital Turbine Inc. (NASD: APPS) in the S&P MidCap 400, and Digital Turbine will replace Tivity Health In...

Other symbols: SPGI

Portland General Electric (POR) Q1 Earnings Miss Estimates

Portland General Electric (POR) delivered earnings and revenue surprises of -21.18% and 0.02%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Portland General Electric Announces First Quarter 2022 Results

Continued strong energy deliveries and customer growth amid challenging cost pressures Issued RFP shortlist results for renewable and non-emitting capacity resources with project selection targeted by t...

Notice of proposed settlement of Portland General Electric Company derivative actions and settlement hearing

PORTLAND, Ore. , April 4, 2022 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) today provided notice of proposed settlement of derivative actions and settlement hearing.

Portland General Electric schedules earnings release and conference call for Thursday, April 28

PORTLAND, Ore. , March 28, 2022 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) announced today that it will host an analyst conference call and webcast at 11 a.m.

PGE highlights Environmental, Social and Governance (ESG) progress in 2021 report

PORTLAND, Ore., March 8, 2022 /PRNewswire/ -- Portland General Electric (PGE) released its 2021 Environmental, Social and Governance (ESG) Report, an annual report that highlights PGE's programs leading...

Portland General Electric announces 2021 financial results and initiates 2022 earnings guidance

PORTLAND, Ore., Feb. 17, 2022 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) today reported net income based on generally accepted accounting principles (GAAP) of $244 million, or $2.72 p...

Portland General Electric schedules earnings release and conference call for Thursday, February 17

PORTLAND, Ore., Jan. 14, 2022 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) announced today that it will host an analyst conference call and webcast at 11 a.m.

ESS Collaborates With Portland General Electric To Demonstrate Utility-Scale Platform

ESS Tech Inc (NYSE: GWH) has agreed with Portland General Electric Co (NYSE: POR) in Oregon to test and demonstrate the ESS Energy Center platform. Deal terms were not disclosed.

Other symbols: GWH

Recap: Portland General Electric Q3 Earnings

Portland General Electric (NYSE:POR) reported its Q3 earnings results on Friday, October 29, 2021 at 05:00 AM. Here's what investors need to know about the announcement.

Portland General Electric Announces Third Quarter 2021 Results

PORTLAND, Ore., Oct. 29, 2021 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) today reported net income of $50 million, or 56 cents per diluted share, for the third quarter of 2021.

Dawn L. Farrell will join Portland General Electric board of directors, effective January 1, 2022

PORTLAND, Ore., Oct. 29, 2021 /PRNewswire/ -- Dawn L.

PGE Plans To Nearly Triple Clean Resources By 2030

PORTLAND, Ore., Oct. 15, 2021 /PRNewswire/ -- Portland General Electric today shared plans to increase the amount of clean energy it serves to customers and meet its target of reducing greenhouse gas (G...

PGE partnering with Google on Nest Renew, a service to help customers prioritize clean energy

PORTLAND, Ore., Oct. 6, 2021 /PRNewswire/ -- Today, Portland General Electric (NYSE: POR) announced it is partnering with Nest Renew from Google, a service for compatible Nest thermostats that makes it ...