Portland General Electric (NYSE:POR) Updates FY 2026 Earnings Guidance

Portland General Electric (NYSE:POR) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 3.330-3.530 for the period, compared to the consensus estimate of 3.380. The company issued revenue guidance of -.

Portland General Electric Trading Up 2.9%

Shares of Portland General Electric stock opened at $54.04 on Tuesday. The firm has a market cap of $6.08 billion, a PE ratio of 19.65, a P/E/G ratio of 4.73 and a beta of 0.67. The company has a quick ratio of 0.95, a current ratio of 1.08 and a debt-to-equity ratio of 1.25. Portland General Electric has a fifty-two week low of $39.54 and a fifty-two week high of $54.28. The business’s fifty day moving average is $49.40 and its two-hundred day moving average is $46.51.

Portland General Electric (NYSE:POR) last released its earnings results on Friday, February 20th. The utilities provider reported $0.47 EPS for the quarter, missing the consensus estimate of $0.72 by ($0.25). Portland General Electric had a net margin of 8.63% and a return on equity of 8.32%. Analysts anticipate that Portland General Electric will post 3.21 earnings per share for the current year.

Portland General Electric Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Monday, March 23rd will be issued a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 3.9%. The ex-dividend date is Monday, March 23rd. Portland General Electric’s dividend payout ratio is presently 76.36%.

Analyst Ratings Changes

Several research firms recently issued reports on POR. Loop Capital set a $48.00 target price on shares of Portland General Electric in a research report on Tuesday, December 30th. Barclays increased their price target on shares of Portland General Electric from $43.00 to $47.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 21st. Wells Fargo & Company boosted their price objective on shares of Portland General Electric from $45.00 to $49.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 20th. Jefferies Financial Group upped their price objective on Portland General Electric from $43.00 to $46.00 and gave the stock a “hold” rating in a report on Wednesday, October 22nd. Finally, BTIG Research reiterated a “buy” rating and issued a $58.00 target price on shares of Portland General Electric in a report on Friday, January 30th. Three research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Portland General Electric has an average rating of “Hold” and a consensus target price of $48.42.

Portland General Electric News Roundup

Here are the key news stories impacting Portland General Electric this week:

• Positive Sentiment: Agreed to buy PacifiCorp’s Washington generation, transmission and distribution assets for $1.9 billion — adds wind, gas and distribution capacity (Chehalis, Marengo, Goodnoe Hills, etc.), expanding PGE’s footprint and rate base; deal priced at ~1.4x estimated 2026 rate base and includes a Manulife financing partnership that helps de‑risk funding. Read More.
• Positive Sentiment: Management initiated 2026 adjusted EPS guidance of $3.33–$3.53 and reaffirmed 5%–7% long‑term EPS growth — provides a clearer earnings outlook that supports valuation and investor confidence. Read More.
• Positive Sentiment: Board declared a quarterly cash dividend of $0.525/share (annualized yield ~3.9%) — supports income investor appeal and signals cash‑flow confidence.
• Neutral Sentiment: Full‑year 2025 results: GAAP EPS $2.77; non‑GAAP adjusted EPS $3.05, driven by strong industrial demand but offset by unusually poor Q4 weather that cut ~$0.17 of earnings — important context for interpreting the Q4 miss and the 2026 guide. Read More.
• Negative Sentiment: Q4 EPS missed consensus: reported $0.47 vs. $0.72 expected — the shortfall (management attributes part to weather) pressured near‑term investor sentiment. Read More.
• Negative Sentiment: Emerging operational/cost risk: a reported dispute over data center costs and commentary on dividend trade‑offs highlight potential margin and capital allocation headwinds that could complicate near‑term cash flows. Read More.
• Negative Sentiment: Scale and financing risk from the $1.9B deal — while strategic, the purchase will materially increase capital needs and could pressure leverage (existing debt/equity ~1.25), leaving investors to watch regulatory approvals, integration costs and the final funding mix. Read More.

Institutional Trading of Portland General Electric

Several large investors have recently added to or reduced their stakes in POR. Johnson Financial Group Inc. purchased a new position in Portland General Electric in the third quarter valued at about $27,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of Portland General Electric by 272.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 719 shares of the utilities provider’s stock worth $35,000 after buying an additional 526 shares during the period. IFP Advisors Inc grew its stake in shares of Portland General Electric by 61.7% in the third quarter. IFP Advisors Inc now owns 1,080 shares of the utilities provider’s stock valued at $48,000 after buying an additional 412 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in shares of Portland General Electric by 18.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,469 shares of the utilities provider’s stock valued at $71,000 after buying an additional 226 shares in the last quarter. Finally, CIBC Private Wealth Group LLC raised its holdings in shares of Portland General Electric by 202.7% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,816 shares of the utilities provider’s stock valued at $80,000 after buying an additional 1,216 shares during the period.

Portland General Electric Company Profile

Portland General Electric (NYSE:POR) is an investor-owned electric utility headquartered in Tigard, Oregon, with roots tracing back to the late 19th century. The company generates, transmits and distributes electricity to residential, commercial and industrial customers across a broad territory in Oregon, primarily encompassing the Portland metropolitan area and surrounding regions.

As one of Oregon’s largest electric utilities, Portland General Electric operates a diverse portfolio of generation assets, including hydroelectric facilities, natural gas–fired plants and renewable energy sources.