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

Portland General Electric (NYSE:POR) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided EPS guidance of 3.130-3.330 for the period, compared to the consensus EPS estimate of 3.220. The company issued revenue guidance of -. Portland General Electric also updated its FY25 guidance to $3.13-3.33 EPS.

Portland General Electric Stock Down 1.2 %

Shares of Portland General Electric stock opened at $41.62 on Friday. The stock has a 50-day moving average price of $42.67 and a 200 day moving average price of $45.78. The company has a market cap of $4.39 billion, a P/E ratio of 12.42, a P/E/G ratio of 1.05 and a beta of 0.61. The company has a current ratio of 0.98, a quick ratio of 0.86 and a debt-to-equity ratio of 1.28. Portland General Electric has a 1 year low of $39.49 and a 1 year high of $49.85.

Portland General Electric Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 24th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 4.81%. The ex-dividend date is Monday, March 24th. Portland General Electric’s dividend payout ratio is currently 59.70%.

Analyst Upgrades and Downgrades

POR has been the subject of several research analyst reports. KeyCorp reduced their price objective on Portland General Electric from $52.00 to $51.00 and set an “overweight” rating for the company in a research note on Wednesday, December 4th. Bank of America cut their price target on Portland General Electric from $46.00 to $43.00 and set an “underperform” rating for the company in a research note on Tuesday, December 24th. Barclays cut their price target on Portland General Electric from $48.00 to $42.00 and set an “equal weight” rating for the company in a research note on Monday, January 27th. UBS Group reaffirmed a “neutral” rating and set a $47.00 price target (down from $52.00) on shares of Portland General Electric in a research note on Friday, January 3rd. Finally, JPMorgan Chase & Co. raised their price target on Portland General Electric from $54.00 to $55.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 23rd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, Portland General Electric presently has an average rating of “Hold” and an average target price of $47.38.

About Portland General Electric

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.