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 Friday morning. The company provided earnings per share guidance of 3.330-3.530 for the period, compared to the consensus EPS estimate of 3.390. The company issued revenue guidance of -.

Portland General Electric Price Performance

Shares of NYSE POR opened at $49.44 on Friday. The business’s 50 day moving average price is $51.19 and its two-hundred day moving average price is $51.32. The company has a market cap of $5.72 billion, a PE ratio of 21.78, a price-to-earnings-growth ratio of 2.13 and a beta of 0.52. The company has a quick ratio of 0.95, a current ratio of 1.09 and a debt-to-equity ratio of 1.19. Portland General Electric has a twelve month low of $40.81 and a twelve month high of $54.62.

Portland General Electric (NYSE:POR) last released its quarterly earnings data on Friday, July 31st. The utilities provider reported $0.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.65 by ($0.01). Portland General Electric had a net margin of 7.12% and a return on equity of 7.57%. The business had revenue of $814.00 million during the quarter, compared to the consensus estimate of $839.75 million. During the same quarter in the prior year, the company earned $0.66 EPS. Portland General Electric’s quarterly revenue was up .9% on a year-over-year basis. Portland General Electric has set its FY 2026 guidance at 3.330-3.530 EPS. On average, analysts predict that Portland General Electric will post 3.38 EPS for the current year.

Portland General Electric Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Friday, September 25th will be paid a $0.5513 dividend. This represents a $2.21 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date is Friday, September 25th. Portland General Electric’s dividend payout ratio is 98.21%.

Analyst Ratings Changes

POR has been the subject of several research reports. Zacks Research downgraded Portland General Electric from a “hold” rating to a “strong sell” rating in a report on Monday, July 6th. JPMorgan Chase & Co. upped their price objective on shares of Portland General Electric from $51.00 to $54.00 and gave the company a “neutral” rating in a report on Monday, April 20th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Portland General Electric in a report on Friday, May 15th. Wells Fargo & Company set a $51.00 price objective on shares of Portland General Electric in a research report on Tuesday, April 21st. Finally, BMO Capital Markets cut their target price on shares of Portland General Electric from $55.00 to $54.00 and set a “market perform” rating for the company in a research note on Wednesday, July 22nd. One analyst has rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Portland General Electric currently has an average rating of “Reduce” and an average target price of $50.90.

Insider Transactions at Portland General Electric

In other Portland General Electric news, VP Juan Diego Gallegos sold 2,750 shares of the company’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $48.67, for a total value of $133,842.50. Following the transaction, the vice president directly owned 12,127 shares of the company’s stock, valued at $590,221.09. This represents a 18.48% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Michael A. Lewis sold 1,537 shares of the stock in a transaction on Monday, July 27th. The stock was sold at an average price of $51.83, for a total value of $79,662.71. Following the transaction, the director owned 15,045 shares in the company, valued at $779,782.35. The trade was a 9.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 11,787 shares of company stock valued at $581,230. Company insiders own 0.52% of the company’s stock.

Portland General Electric News Roundup

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

• Positive Sentiment: Industrial customer demand increased 11% year over year, supported by continued expansion from high-tech and data-center customers. Management said second-quarter results reflected strong operational execution. Portland General Electric Announces Second Quarter 2026 Results
• Positive Sentiment: POR reaffirmed its 2026 adjusted EPS guidance of $3.33 to $3.53, indicating that management continues to expect the business to perform within its previously established range. Portland General Electric Announces Second Quarter 2026 Results
• Neutral Sentiment: The company proposed additional rate increases across customer classes. If approved, the changes could support revenue and cost recovery, although regulatory approval and potential customer resistance remain considerations. Portland General Electric proposes more rate increases across customer classes
• Neutral Sentiment: Management’s earnings call emphasized operational execution, industrial-load growth and the company’s outlook, but did not appear to provide a major upward revision to guidance. POR Q2 2026 Earnings Call Transcript
• Negative Sentiment: Second-quarter revenue was $814 million, below the $839.75 million analyst consensus, while adjusted EPS of $0.64 was slightly below the $0.65 consensus in some reports. GAAP EPS was $0.59, compared with $0.66 a year earlier. Portland General Electric earnings report
• Negative Sentiment: The midpoint of POR’s 2026 adjusted EPS guidance is $3.43, modestly below the $3.39 consensus only at the midpoint? Actually, the range’s lower bound is below consensus and the midpoint is slightly above it; however, the broad range leaves limited upside certainty. Earnings also declined from the prior-year quarter, contributing to investor caution.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in POR. Johnson Financial Group Inc. bought a new stake in shares of Portland General Electric in the third quarter valued at approximately $27,000. Northwestern Mutual Wealth Management Co. increased its stake in Portland General Electric by 272.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 719 shares of the utilities provider’s stock worth $35,000 after acquiring an additional 526 shares during the period. IFP Advisors Inc increased its stake in Portland General Electric by 61.7% during the 3rd quarter. IFP Advisors Inc now owns 1,080 shares of the utilities provider’s stock worth $48,000 after acquiring an additional 412 shares during the period. Smartleaf Asset Management LLC raised its holdings in Portland General Electric by 18.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,469 shares of the utilities provider’s stock valued at $71,000 after acquiring an additional 226 shares in the last quarter. Finally, CIBC Private Wealth Group LLC raised its holdings in Portland General Electric by 202.7% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,816 shares of the utilities provider’s stock valued at $80,000 after acquiring an additional 1,216 shares in the last quarter.

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.