Short interest for Portland Gen Electric gives investors a sense of the degree to which investors are betting on the decline of Portland Gen Electric's stock. Short interest data is updated every two weeks.

Portland Gen Electric Stock (NYSE:POR), Short Interest Report

Portland Gen Electric

Portland General Electric is a regulated electric utility providing generation, transmission, and distribution services in a service territory that includes about half of all Oregon residents and two thirds of the state's business activity. The company owns (wholly or through joint ventures) 3.5 gigawatts of gas, coal, wind, and hydro generation.

Portland General Electric

Earnings

News

Small Cap

Pre-Market Outlook

Markets

Trading Ideas

USFD

The CNN Money Fear and Greed index showed further improvement in the overall market sentiment, with the index moving to the &#34;Extreme Greed&#34; zone on Thursday.

U.S. stocks closed higher on Thursday, with the S&amp;P 500 settling at a fresh record high.

Investor Optimism Improves Following Economic Reports; S&amp;P 500 Settles At Record High

COIN

DASH

With U.S. stock futures trading mixed this morning on Friday, some of the stocks that may grab investor focus today are as follows:

Coinbase, PPL And 3 Stocks To Watch Heading Into Friday

Penny Stocks

Price Target

Analyst Ratings

ARMK

DDOG

JBLU

ORCL

PTEN

SPOT


	Barclays raised the price target for  Zscaler, Inc.  (NASDAQ: ZS) from $176 to $190. Barclays analyst Saket Kalia upgraded the stock from Equal-Weight to Overweight. Zscaler shares gained 6.7% to close at $163.59 on Friday.


Oracle To Rally Around 23%? Here Are 10 Other Analyst Forecasts For Monday

Portland General Electric Co Common Stock

Portland General Electric Co

POLA ORBIS HOLDINGS INC by Pola Orbis Holdings Inc

Pola Orbis Holdings Inc

POWER ONE RES CORP by POWER ONE RES CORP.

Power One Resources Corp

NOVX21 Inc

PornRocket

PANORO MINERALS LTD by Panoro Minerals Ltd.

Panoro Minerals Ltd

SOUTHPORT ACQ CORP A by Southport Acquisition Corporation

Southport Acquisition Corp

FC Porto Fan Token

Southport Acquisition Corp Units (1 Ord Class A & 1/2 War)

Southport Acquisition Corp Warrants (01/01/9999)

<p><strong>2024 Earnings&nbsp;Guidance</strong></p>
<p>PGE is reaffirming its estimate for full-year 2024 adjusted earnings&nbsp;guidance&nbsp;of&nbsp;$2.98&nbsp;to&nbsp;$3.18&nbsp;per diluted share based on the following assumptions:</p>
<ul>
<li>Exclusion of the impacts of the&nbsp;January 2024&nbsp;winter storm, including non-deferrable Reliability Contingency Event (RCE) costs and non-deferred incremental storm restoration costs;</li>
<li>An increase in energy deliveries of&nbsp;2%&nbsp;to&nbsp;3%, weather adjusted;</li>
<li>Normal temperatures in its utility service territory;</li>
<li>Hydro conditions for the year that reflect current estimates;</li>
<li>Wind generation based on five years of historical levels or forecast studies when historical data is not available;</li>
<li>Normal thermal plant operations;</li>
<li>Operating and maintenance expense between&nbsp;$815 million&nbsp;and&nbsp;$840 million&nbsp;which includes approximately&nbsp;$165 million&nbsp;of wildfire, vegetation management, deferral amortization and other expenses that are offset in other income statement lines;</li>
<li>Depreciation and amortization expense between&nbsp;$475 million&nbsp;and&nbsp;$525 million;</li>
<li>Effective tax rate of&nbsp;10%&nbsp;to&nbsp;15%;</li>
<li>Cash from operations of&nbsp;$700&nbsp;to&nbsp;$800 million;</li>
<li>Capital expenditures of&nbsp;$1,340&nbsp;million; and</li>
<li>Average construction work in progress balance of&nbsp;$795 million.</li>
</ul>


Guidance

Portland General Electric Reaffirms Its 2024 Guidance: Sees Adjusted EPS Of $2.98-$3.18 Vs. $3.07 Consensus, And Cash From Operations Of $700M-$800M

<p>Portland Gen Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/POR#NYSE">POR</a>) reported quarterly earnings of $1.21 per share which beat the analyst consensus estimate of $1.09 by 11.01 percent. This is a 51.25 percent increase over earnings of $0.80 per share from the same period last year.  The company reported quarterly sales of $940.000 million which beat the analyst consensus estimate of $828.972 million by 13.39 percent.  This is a 26.17 percent increase over sales of $745.000 million the same period last year.</p>


Earnings Beats

Portland Gen Electric Q1 2024 Adj EPS $1.21 Beats $1.09 Estimate, Sales $940.000M Beat $828.972M Estimate

<p>The quarterly dividend is payable on or before&nbsp;July 15, 2024, to shareholders of record at the close of business on&nbsp;June 24, 2024.</p>


Dividends

Reported Friday, Portland General Electric Announced An Increase In Its Quarterly Dividend To $0.50/Share, Up From $0.475/Share Last Quarter, Payable July 15, 2024

General

Portland General Electric shares are trading higher after the company reported Q4 financial results and issued FY24 guidance.

<p>2024 Earnings&nbsp;Guidance</p>
<p>PGE is initiating full-year 2024 adjusted earnings guidance of $2.98 to $3.18 per diluted share based on the following assumptions:</p>
<ul>
<li>Exclusion of the impacts of the January 2024 winter storm, including non-deferrable storm restoration costs and non-deferrable Reliability Contingency Event (RCE) costs;</li>
<li>An increase in energy deliveries between 2% and 3%, weather adjusted;</li>
<li>Normal temperatures in its utility service territory;</li>
<li>Hydro conditions for the year that reflect current estimates;</li>
<li>Wind generation based on five years of historical levels or forecast studies when historical data is not available;</li>
<li>Normal thermal plant operations;</li>
<li>Operating and maintenance expense between $815 million and $840 million which includes approximately $165 million of wildfire, vegetation management, deferral amortization and other expenses that are offset in other income statement lines;</li>
<li>Depreciation and amortization expense between $475 million and $525 million;</li>
<li>Effective tax rate of 10% to 15%;</li>
<li>Cash from operations of $700 to $800 million;</li>
<li>Capital expenditures of $1,310 million; and</li>
<li>Average construction work in progress balance of $720 million.</li>
</ul>


Small Business

Portland General Electric 2024 Guidance: Expects Adjusted EPS Of $2.98-$3.18 Vs. $3.08 Est.; Sees Cash From Operations Of $700M-$800M

<p>Portland Gen Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/POR#NYSE">POR</a>) reported quarterly earnings of $0.67 per share which missed the analyst consensus estimate of $0.88 by 23.86 percent. This is a 19.64 percent increase over earnings of $0.56 per share from the same period last year.</p>


Portland Gen Electric Q4 EPS $0.67 Misses $0.88 Estimate

<h3>Companies Reporting Before The Bell</h3>
<p>&bull; Arbor Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABR#NYSE">ABR</a>) is expected to report quarterly earnings at $0.44 per share on revenue of $97.65 million.</p>
<p>&bull; Liberty Broadband (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LBRDK#NASDAQ">LBRDK</a>) is projected to report quarterly earnings at $2.33 per share on revenue of $248.00 million.</p>
<p>&bull; Telephone and Data (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDS#NYSE">TDS</a>) is estimated to report quarterly loss at $0.12 per share on revenue of $1.28 billion.</p>
<p>&bull; TC Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRP#NYSE">TRP</a>) is likely to report quarterly earnings at $1.09 per share on revenue of $4.21 billion.</p>
<p>&bull; United States Cellular (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USM#NYSE">USM</a>) is projected to report quarterly earnings at $0.04 per share on revenue of $984.23 million.</p>
<p>&bull; Cinemark Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNK#NYSE">CNK</a>) is expected to report quarterly loss at $0.14 per share on revenue of $613.23 million.</p>
<p>&bull; Portland Gen Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/POR#NYSE">POR</a>) is expected to report quarterly earnings at $0.88 per share on revenue of $747.58 million.</p>
<p>&bull; Barnes Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/B#NYSE">B</a>) is expected to report quarterly earnings at $0.35 per share on revenue of $420.47 million.</p>
<p>&bull; DT Midstream (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DTM#NYSE">DTM</a>) is estimated to report quarterly earnings at $0.92 per share on revenue of $234.45 million.</p>
<p>&bull; American Axle &amp; Mfg Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXL#NYSE">AXL</a>) is projected to report quarterly loss at $0.19 per share on revenue of $1.42 billion.</p>
<p>&bull; Treehouse Foods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THS#NYSE">THS</a>) is expected to report quarterly earnings at $0.73 per share on revenue of $925.44 million.</p>
<p>&bull; AdvanSix (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ASIX#NYSE">ASIX</a>) is estimated to report quarterly loss at $0.21 per share on revenue of $335.87 million.</p>
<p>&bull; Marcus &amp; Millichap (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMI#NYSE">MMI</a>) is likely to report quarterly loss at $0.28 per share on revenue of $171.20 million.</p>
<p>&bull; Balchem (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCPC#NASDAQ">BCPC</a>) is projected to report quarterly earnings at $0.93 per share on revenue of $234.66 million.</p>
<p>&bull; PPL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPL#NYSE">PPL</a>) is likely to report quarterly earnings at $0.38 per share on revenue of $1.90 billion.</p>
<p>&bull; Associated Cap Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AC#NYSE">AC</a>) is expected to report quarterly loss at $0.03 per share on revenue of $5.11 billion.</p>
<p>&bull; Liberty Broadband (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LBRDA#NASDAQ">LBRDA</a>) is expected to report quarterly earnings at $3.44 per share on revenue of $250.00 million.</p>
<p>&bull; Vulcan Materials (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VMC#NYSE">VMC</a>) is expected to report quarterly earnings at $1.39 per share on revenue of $1.83 billion.</p>
<p>&bull; Healthcare Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HR#NYSE">HR</a>) is likely to report earnings for its fourth quarter.</p>
<p>&bull; Eni (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/E#NYSE">E</a>) is projected to report earnings for its fourth quarter.</p>
<p>&bull; NatWest Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NWG#NYSE">NWG</a>) is expected to report earnings for its fourth quarter.</p>
<h3>&nbsp;</h3>
<p>This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.</p>


ASIX

BCPC

LBRDA

LBRDK

Earnings Scheduled For February 16, 2024

<p>The CNN Money Fear and Greed index showed further improvement in the overall market sentiment, with the index moving to the &quot;Extreme Greed&quot; zone on Thursday.</p>
<p>U.S. stocks closed higher on Thursday, with the S&amp;P 500 settling at a fresh record high.</p>
<p>On the economic data front, U.S. initial jobless claims declined by 8,000 from the previous week&rsquo;s revised reading to 212,000 during the period ending Feb. 9, versus market expectations of 220,000. U.S. retail sales fell 0.8% month-over-month in January compared to a revised 0.4% increase in December and versus market estimates of a 0.1% fall. Industrial production in the U.S. fell by 0.1% from the prior month in January.</p>
<p>Shares of <strong>US Foods Holding Corp. </strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/usfd#NYSE">USFD</a>) gained more than 3% on Thursday after the company reported better-than-expected fourth-quarter revenue results and issued FY24 net sales guidance above estimates. <strong>Herbalife Ltd.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hlf#NYSE">HLF</a>) shares fell around 32% following weak quarterly earnings.</p>
<p>Most sectors on the S&amp;P 500 closed on a positive note, with energy, real estate and materials stocks recording the biggest gains on Thursday. However, information technology stocks bucked the overall market trend, closing the session lower.</p>
<p>The Dow Jones closed higher by around 349 points to 38,773.12 on Thursday. The S&amp;P 500 rose 0.58% at 5,029.73, while the Nasdaq Composite rose 0.30% at 15,906.17 during Thursday&rsquo;s session.</p>
<p>Investors are awaiting earnings results from <strong> PPL Corporation</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ppl#NYSE">PPL</a>), <strong> Portland General Electric Company</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/por#NYSE">POR</a>), <strong> TreeHouse Foods, Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ths#NYSE">THS</a>) and <strong> Cinemark Holdings, Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cnk#NYSE">CNK</a>) today.</p>
<p>At a current reading of 76.3, the index moved to the &quot;Extreme Greed&quot; zone on Thursday versus a prior reading of 74.7.</p>
<p><strong>What is CNN Business Fear &amp; Greed Index?</strong></p>
<p>The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.</p>
<p>&nbsp;</p>
<p>Read Next: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/02/37150283/jim-cramer-toasts-anheuser-busch-and-molson-coors-but-recommends-buying-this-beer-stock"><em> Jim Cramer Toasts Anheuser-Busch And Molson Coors, But Recommends Buying This Beer Stock</em></a></p>


Investor Optimism Improves Following Economic Reports; S&P 500 Settles At Record High

<p>With U.S. stock futures trading mixed this morning on Friday, some of the stocks that may grab investor focus today are as follows:</p>
<p>Wall Street expects <strong> PPL Corporation </strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ppl#NYSE">PPL</a>) to report quarterly earnings at 38 cents per share on revenue of $1.90 billion before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. PPL shares fell 0.4% to $26.35 in after-hours trading.</p>
<p><strong>DoorDash Inc</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dash#NASDAQ">DASH</a>) reported mixed financial results for its fourth quarter. The company said it expects first-quarter marketplace GOV to be between $18.5 billion and $18.9 billion and adjusted EBITDA in the range of $320 million to $380 million. DoorDash shares fell 6.8% to $117.65 in the after-hours trading session.</p>
<p>Analysts are expecting <strong> TreeHouse Foods, Inc. </strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ths#NYSE">THS</a>) to earn 73 cents per share on revenue of $925.44 million for the latest quarter. The company will release earnings before the markets open. TreeHouse Foods shares gained 2.2% to close at $42.74 on Thursday.</p>
<p><em>Check out our <a href="https://www.benzinga.com/premarket/"> premarket coverage here </a> </em></p>
<p><strong><a href="https://www.benzinga.com/money/coinbase-alternative/">Coinbase</a> Global, Inc. </strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/coin#NASDAQ">COIN</a>) reported better-than-expected financial results for its fourth quarter on Thursday. Coinbase shares jumped 14.3% to $189.36 in the after-hours trading session.</p>
<p>Analysts expect <strong> Portland General Electric Company </strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/por#NYSE">POR</a>) to report quarterly earnings at 88 cents per share on revenue of $747.58 million before the opening bell. Portland General Electric shares rose 2.7% to $41.90 in after-hours trading.</p>
<p>Check This Out: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/02/37150283/jim-cramer-toasts-anheuser-busch-and-molson-coors-but-recommends-buying-this-beer-stock"><em> Jim Cramer Toasts Anheuser-Busch And Molson Coors, But Recommends Buying This Beer Stock </em></a></p>


<p><strong>Portland Gen Electric</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/POR#NYSE">POR</a>) is set to give its latest quarterly earnings report on Friday, 2024-02-16. Here's what investors need to know before the announcement.</p>
<p>Analysts estimate that Portland Gen Electric will report an <strong>earnings per share</strong> (EPS) of $0.88. </p>
<p>Portland Gen Electric bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.</p>
<p>New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).</p>
<h3>Past Earnings Performance</h3>
<p>Last quarter the company missed EPS by $0.08, which was followed by a 0.0% drop in the share price the next day.</p>
<p>Here's a look at Portland Gen Electric's past performance and the resulting price change:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2023</strong></th>
<th><strong>Q2 2023</strong></th>
<th><strong>Q1 2023</strong></th>
<th><strong>Q4 2022</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>0.54</td>
<td>0.47</td>
<td>0.66</td>
<td>0.63</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>0.46</td>
<td>0.44</td>
<td>0.80</td>
<td>0.56</td>
</tr>
<tr>
<td><strong>Price Change %</strong></td>
<td>-2.65%</td>
<td>-0.67%</td>
<td>-1.06%</td>
<td>3.03%</td>
</tr>
</tbody>
</table>
</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1708005678_0.png" alt="eps graph" /></p>
<h3>Stock Performance</h3>
<p>Shares of Portland Gen Electric were trading at $40.03 as of February 13. Over the last 52-week period, shares are down 19.33%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release. </p>
<p><a href="https://www.benzinga.com/quote/POR/earnings"><strong>To track all earnings releases for Portland Gen Electric visit their earnings calendar on our site.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


A Preview Of Portland Gen Electric's Earnings

<p>B of A Securities  analyst Julien Dumoulin-Smith   downgrades Portland Gen Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/POR#NYSE">POR</a>) from Buy to Neutral and lowers the price target from $55 to $43.</p>


Downgrades

B of A Securities Downgrades Portland Gen Electric to Neutral, Lowers Price Target to $43

<p>UBS  analyst Gregg Orrill   upgrades Portland Gen Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/POR#NYSE">POR</a>) from Neutral to Buy and lowers the price target from $47 to $45.</p>


Upgrades

UBS Upgrades Portland Gen Electric to Buy, Lowers Price Target to $45

<p>Barclays  analyst Nicholas Campanella   maintains Portland Gen Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/POR#NYSE">POR</a>) with a Overweight and lowers the price target from $47 to $45.</p>


Barclays Maintains Overweight on Portland Gen Electric, Lowers Price Target to $45

<p>Thursday marks the last chance for investors to receive the next  dividend payout from <strong>Portland Gen Electric</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/POR#NYSE">POR</a>). </p>
<h3>What's Happening</h3>
<p>The company announced on Friday that it would pay shareholders a quarterly dividend of 47.5 cents per share. On Friday, Portland Gen Electric will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 47.5 cents lower than it would have opened on any other day.</p>
<p>In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Friday. Shareholders who own POR as of the end of Thursday's session are eligible to receive the 47.5 cents dividend payout for every share that they own. </p>
<p>According to the company, this dividend will be paid out to shareholders on January 15, 2024. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. </p>
<p><a href="https://www.benzinga.com/quote/POR">See current stock movements Portland Gen Electric on Benzinga.</a></p>


Portland Gen Electric: Dividend Insights

<p>Portland Gen Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/POR#NYSE">POR</a>) has observed the following analyst ratings within the last quarter: </p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>In the last 3 months, 6 analysts have offered 12-month price targets for Portland Gen Electric. The company has an average price target of $43.33 with a high of $47.00 and a low of $40.00. </p>
<p>Below is a summary of how these 6 analysts rated Portland Gen Electric over the past 3 months. The greater the number of bullish ratings, the more positive analysts are on the stock and the greater the number of bearish ratings, the more negative analysts are on the stock</p>
<p><img src="https://www.benzinga.com/files/images/story/2023/1702306842_0.png" alt="price target chart" /></p>
<p>This current average has decreased by 5.8% from the previous average price target of $46.00. </p>
<p><a href="https://www.benzinga.com/quote/POR/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Portland Gen Electric analyst ratings.</strong></a></p>
<h1>How Are Analyst Ratings Determined?</h1>
<p>Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.</p>
<p>Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.</p>
<p>Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


6 Analysts Have This to Say About Portland Gen Electric

<p>Barclays  analyst Nicholas Campanella   upgrades Portland Gen Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/POR#NYSE">POR</a>) from Equal-Weight to Overweight and announces $47 price target.</p>


Barclays Upgrades Portland Gen Electric to Overweight, Announces $47 Price Target

WIIM

AMPS

BEPC

CWEN

EVRG

NOVA

WTRG

Shares of utilities stocks are trading higher amid a drop in Treasury yields following softer-than-expected October CPI data.

<p>Portland Gen Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/POR#NYSE">POR</a>) has observed the following analyst ratings within the last quarter: </p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>These 8 analysts have an average price target of $43.75 versus the current price of Portland Gen Electric at $40.52, implying  upside.</p>
<p>Below is a summary of how these 8 analysts rated Portland Gen Electric over the past 3 months. The greater the number of bullish ratings, the more positive analysts are on the stock and the greater the number of bearish ratings, the more negative analysts are on the stock</p>
<p><img src="https://www.benzinga.com/files/images/story/2023/1699542029_0.png" alt="price target chart" /></p>
<p>This current average represents a 4.89% decrease from the previous average price target of $46.00. </p>
<p><a href="https://www.benzinga.com/quote/POR/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Portland Gen Electric analyst ratings.</strong></a></p>
<h1>How Are Analyst Ratings Determined?</h1>
<p>Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.</p>
<p>Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.</p>
<p>Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.</p>
<p>If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Analyst Ratings for Portland Gen Electric

<p>Ladenburg Thalmann  analyst Paul Fremont   initiates coverage on Portland Gen Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/POR#NYSE">POR</a>) with a Buy rating and announces Price Target of $43.</p>


Initiation

Ladenburg Thalmann Initiates Coverage On Portland Gen Electric with Buy Rating, Announces Price Target of $43

<p>Mizuho  analyst Anthony Crowdell   maintains Portland Gen Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/POR#NYSE">POR</a>) with a Neutral and lowers the price target from $42 to $40.</p>


Mizuho Maintains Neutral on Portland Gen Electric, Lowers Price Target to $40

Portland General Electric raises dividend by 5.3%

Portland General Electric Q1 2024 Earnings Preview

Notable earnings before Friday's open

Portland General Electric beats top-line and bottom-line estimates; reaffirms FY24 outlook

Portland General Electric Company (POR) just unveiled an announcement. The Company has announced its quarterly earnings call and webcast scheduled ...

Portland General Electric Q1 Earnings Call Scheduled

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p><strong>Portland Gen Electric</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/por-stock-quote/"><strong>POR</strong></a></span>) just reported results for the first quarter of 2024.</p><ul><li>Portland Gen Electric reported earnings per share of $1.21. This was above the analyst estimate for EPS of $1.09.</li><li>The company reported revenue of $940.00 million.</li><li>This was 13.39% better than the analyst estimate for revenue of $828.97 million.</li></ul><div><p>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</p></div><h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2023/10/no-1-ai-investment-might-be-this-company-youve-never-heard-of/?cid=MKT764787&amp;eid=MKT771245">The #1 AI Investment Might Be This Company You&rsquo;ve Never Heard Of</a>
					</li>
																<li>
						<a href="https://investorplace.com/2023/07/elon-musks-project-omega-stuns-silicon-valley-insiders/?cid=MKT738510&amp;eid=MKT771236">Musk&rsquo;s &ldquo;Project Omega&rdquo; May Be Set to Mint New Millionaires. Here&rsquo;s How to Get In.</a>
					</li>
																<li>
						<a href="https://investorplace.com/2021/01/one-percenter-issues-urgent-warning/?cid=MKT499868&amp;eid=MKT793997">It doesn&rsquo;t matter if you have $500 or $5 million. Do this now.</a>
					</li>
									</ul><div>
			<div></div>
						<div></div>
					</div>
	<p>The post <a href="https://investorplace.com/earning-results/2024/04/por-stock-earnings-portland-gen-electric-for-q1-of-2024/">POR Stock Earnings: Portland Gen Electric Beats EPS, Beats Revenue for Q1 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

POR Stock Earnings: Portland Gen Electric Beats EPS, Beats Revenue for Q1 2024

Portland General Electric Company (POR) Q1 2024 Earnings Call Transcript

Dividend Champion, Contender, And Challenger Highlights: Week Of April 28

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>In practically any market environment, <a href="https://investorplace.com/industries/energy/utility/">utility stocks</a> make sense. As I&rsquo;ve said countless times before, bad things happen when people flip the switch and light fails to emerge. Further, short of food and water, nothing could be more critical than essential services.</p>



<p>However, when the economy &ndash; while booming in one respect from the blistering job numbers &ndash; is facing challenges such as inflation and high interest rates, people tend to monitor their spending. However, they can&rsquo;t cut the essentials. Therefore, companies in the utilities business tend to be relatively insulated from broader headwinds.</p>



<p>On the other hand, these ideas are boring. Still, boring could be good at this juncture. With that in mind, below are utility stocks to consider.</p>



<h2>Duke Energy (DUK)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/03/duke-energy-1600-300x169.png" alt="The logo for Duke Energy (DUK) is seen on a sign at one of the company's offices."><div>Source: Jonathan Weiss / Shutterstock.com</div></div><p>Specializing in the regulated electric subcategory, <strong>Duke Energy</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/duk-stock-quote/"><strong>DUK</strong></a>) represents one of the top utility stocks. <a href="https://finance.yahoo.com/quote/DUK/profile">Per its public profile</a>, Duke generates, transmits, distributes and sells electricity in the Carolinas, Florida and the Midwest. It accomplishes this directive through traditional means (like coal and natural gas) along with renewables such as solar and wind.</p>



<p>To be fair, Duke isn&rsquo;t exactly the most discounted idea among utility stocks. Presently, DUK trades hands at 18.5X trailing-year earnings and 2.63X trailing-year revenue. However, investors ought to note that the company offers a forward annual dividend yield of 4.14%. Moreover, Duke should benefit from fundamental realities; namely, the migration of young workers to lower-cost regions such as the Carolinas.</p>



<p>For the current fiscal year, covering experts anticipate <a href="https://finance.yahoo.com/quote/DUK/analysis">earnings per share to reach $5.97</a>. That&rsquo;s a decent step up from last year&rsquo;s print of $5.56. On the top line, sales may reach $30.12 billion, up 3.6% from last year&rsquo;s haul of $29.06 billion.</p>



<h2>Sempra (SRE)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/03/sre-sempra-energy-1600-300x169.png" alt="The logo for Sempra (SRE) is seen at the top of an office building."><div>Source: Michael Vi / Shutterstock.com</div></div><p>One of my favorite utility stocks, <strong>Sempra</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/sre-stock-quote/"><strong>SRE</strong></a>) isn&rsquo;t exactly making friends on the ground floor. If you follow local news in San Diego where Sempra is headquartered, the general sentiment toward the utility giant isn&rsquo;t exactly favorable. That said, people don&rsquo;t have much of a choice. If the company raises rates, customers must open their wallets.</p>



<p>It&rsquo;s incredibly frustrating. However, that&rsquo;s the cynical argument that undergirds most if not all utility stocks. Especially in California, if you want to play, you&rsquo;ve got to pay. In SRE&rsquo;s case, you&rsquo;re talking about 15X trailing earnings and 2.73X trailing sales. While not the cheapest idea out there, Sempra offers a decent forward yield of 3.44%. Further, the payout ratio sits at just under 50%.</p>



<p>For the current fiscal year, analysts anticipate EPS of $4.81, up from last year&rsquo;s result of $4.61. However, the revenue target of $16.52 billion is off 1.2% from 2023. Still, a recovery to $17.25 billion could occur in fiscal 2025.</p>



<h2>Portland General (POR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/10/electricity-power-lines-1600-300x169.png" alt="Numerous electric lines are seen at sunset."><div>Source: Pand P Studio / Shutterstock.com</div></div><p>It&rsquo;s possible that not too many people outside of Oregon have heard of <strong>Portland General</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/por-stock-quote/"><strong>POR</strong></a>). Regardless, this is a name that should be on your radar for utility stocks to buy. Again, it doesn&rsquo;t have the recognition of other players in the ecosystem. However, Portland General may benefit from economic realities; namely, rising prices are forcing dynamic migration patterns.</p>



<p>Notably, the Portland area continues to be popular with young adults and that could be the key to success here. Like Duke Energy, Portland General is located where the money will be. As major metropolitan areas &ndash; particularly on the eastern and western coastlines &ndash; become increasingly unattainable, Oregon could absorb young workers. That&rsquo;s a win-win for all involved.</p>



<p>While I wouldn&rsquo;t characterize POR stock as objectively undervalued, it trades for 1.46X trailing-year revenue. That&rsquo;s better than many other utility stocks. Also, it&rsquo;s worth pointing out that in fiscal 2024, experts project revenue to hit $3.03 billion. That implies a 3.7% lift from last year&rsquo;s print of $2.92 billion.</p>



<h2>National Grid (NGG)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/09/electricity-wire-1600-300x169.jpg" alt="A concept image of electricity flowing between two disconnected electric cables."><div>Source: ESB Professional / Shutterstock.com</div></div><p>An international player in regulated electric space, <strong>National Grid</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/ngg-stock-quote/"><strong>NGG</strong></a>) is based in the U.K. <a href="https://finance.yahoo.com/quote/NGG/profile/">Per its corporate profile</a>, National Grid transmits and distributes electricity and gas. Fundamentally, the argument is the same as other utility stocks. First, the company&rsquo;s customers must pay up irrespective of whatever else is going on in the economy.</p>



<p>Second and just as importantly, National Grid benefits from a natural monopoly. Thanks to high barriers of entry &ndash; which include meeting stiff regulatory standards &ndash; would-be rivals are quickly discouraged from competing. That makes NGG entrenched in its core markets. Subsequently, investors can bank on this dominant footprint as well as the company&rsquo;s <a href="https://www.tipranks.com/stocks/ngg/dividends">massive 5.29% dividend yield</a>.</p>



<p>Currently, analysts rate shares a <a href="https://www.tipranks.com/stocks/ngg/forecast">consensus moderate buy</a>. As a global utility provider, NGG doesn&rsquo;t get much coverage stateside. However, investors seeking to diversify their holdings should give it a look. In particular, shares trade at only 5.06X trailing-year earnings, making it deeply undervalued on paper.</p>



<h2>Edison (EIX)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/05/edison-eix-1600-300x169.jpg" alt="Southern California Edison sign and logo EIX stock"><div>Source: Ken Wolter / Shutterstock.com</div></div><p>Headquartered in Rosemead, California, <strong>Edison</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/eix-stock-quote/"><strong>EIX</strong></a>) is another player in the regulated electric space, engaging in the generation and distribution of electric power. <a href="https://finance.yahoo.com/quote/EIX/profile/">Per its corporate profile</a>, Edison supplies and delivers electricity to approximately a 50,000 square-foot-mile area of Southern California. It serves the full gamut of clients, ranging from residential, commercial, industrial and public authorities.</p>



<p>While there&rsquo;s always much criticism of California from an ideological and political stance, the fact of the matter is, the Golden State represents the economic engine of the U.S. So, people will always find a way to move to California for the underlying opportunities. As such, Edison makes an intriguing case for utility stocks to buy.</p>



<p>What&rsquo;s more, analysts believe that fiscal 2024 EPS should hit $4.94. That&rsquo;s a solid improvement over last year&rsquo;s result of $4.76. Conspicuously, they also see expansion in the top line at $17.54 billion. If so, we&rsquo;re talking about a year-over-year growth rate of 7.3%.</p>



<h2>NextEra Energy (NEE)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/01/nee1600-300x169.jpg" alt="Nextra Energy (NEE) website on a mobile phone screen"><div>Source: madamF / Shutterstock.com</div></div><p>One of the top names among utility stocks, <strong>NextEra Energy</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/nee-stock-quote/"><strong>NEE</strong></a>) has garnered a reputation for pivoting toward clean energy solutions. <a href="https://finance.yahoo.com/quote/NEE/profile">According to its public profile</a>, NextEra generates electricity through a variety of means, from the traditional such as natural gas and nuclear to wind and solar. It also develops and constructs contracted assets focused on clean solutions, such as renewable generation facilities.</p>



<p>To be fair, the green ecosystem struggled amid economic challenges and monetary policy concerns. Obviously, we&rsquo;re still not out of the woods yet. However, the market has gradually priced in the challenges to the NEE stock price. Recent trades look much more encouraging for bullish investors. Still, a price-to-sales ratio of 5X is a bit on the rich side.</p>



<p>Looking to the end of fiscal 2024, analysts see EPS improving to $3.40. Last year, the metric sat at $3.17. Now, the top line could disappoint this year at $27.87 billion, down about 1%. However, fiscal 2025 revenue could clock in at over $30 billion, with the high-side target looking for $34.34 billion.</p>



<h2>Essential Utilities (WTRG)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/03/water_3_1600-300x169.jpg" alt="A zoomed in photo of a drop of water hitting a container of water's surface."><div>Source: Sambulov Yevgeniy/ShutterStock.com</div></div><p>Mixing it up at the end, <strong>Essential Utilities</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/wtrg-stock-quote/"><strong>WTRG</strong></a>) is a big player in the regulated water ecosystem. <a href="https://finance.yahoo.com/quote/WTRG/profile">According to its corporate profile</a>, the company operates regulated utilities that provide water, wastewater and natural gas services in the U.S. It serves approximately 5.5 million customers covering residential, commercial and industrial needs.</p>



<p>Fundamentally, what makes Essential so relevant is found in the company name: water is an essential commodity. In fact, you can make the argument that it&rsquo;s the most essential commodity because it has no alternative. Further, declining freshwater supplies means that we must be good stewards of the resource. In that sense, WTRG stock&rsquo;s high multiples may be tolerated.</p>



<p>For the current fiscal year, analysts are looking for EPS of $1.98, up from last year&rsquo;s print of $1.86. Moreover, they&rsquo;re seeking sales of $2.33 billion, up 13.3% from 2023&rsquo;s haul of $2.05 billion. Combined with a forward dividend yield of 3.36%, WTRG is an intriguing idea for utility stocks to buy.</p>



<p><em>On the date of publication, Josh Enomoto</em><em> did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;</em><em>The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;</em><a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank"><em>Publishing Guidelines</em></a><em>.</em><em></em></p>
<div><p>A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare. Tweet him at @EnomotoMedia.</p></div><h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2023/10/no-1-ai-investment-might-be-this-company-youve-never-heard-of/?cid=MKT764787&amp;eid=MKT771245">The #1 AI Investment Might Be This Company You&rsquo;ve Never Heard Of</a>
					</li>
																<li>
						<a href="https://investorplace.com/2023/07/elon-musks-project-omega-stuns-silicon-valley-insiders/?cid=MKT738510&amp;eid=MKT771236">Musk&rsquo;s &ldquo;Project Omega&rdquo; May Be Set to Mint New Millionaires. Here&rsquo;s How to Get In.</a>
					</li>
																<li>
						<a href="https://investorplace.com/2021/01/one-percenter-issues-urgent-warning/?cid=MKT499868&amp;eid=MKT793997">It doesn&rsquo;t matter if you have $500 or $5 million. Do this now.</a>
					</li>
									</ul><div>
			<div></div>
						<div></div>
					</div>
	
<p>The post <a href="https://investorplace.com/2024/04/7-utility-stocks-built-to-withstand-market-mayhem/">7 Utility Stocks Built to Withstand Market Mayhem</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

7 Utility Stocks Built to Withstand Market Mayhem

Apple, Cardinal Health Among 12 Companies To Announce Dividend Increases In First Half Of May

AAPL

ABBV

ALRS

ATLO

AVTR

BALL

CASY

CHCO

CHCT

CHTR

CVEO

ENSG

EWBC

EXPD

FBMS

FELE

FFIN

FIBK

FUNC

GNTX

GWRS

HESM

HIFS

HTHIY

HWBK

IBCP

ISTR

KMTUY

LKFN

MATW

MGRC

MORN

MPLX

NDAQ

NWFL

ORRF

PEBO

PIPR

POOL

QNTO

RGCO

SAIA

SLCA

TNET

TROW

TTEK

TYBT

TYCB

VRTS

WDFC

YARIY

Commodities

Press Releases

Portland General Electric schedules earnings release and conference call for Friday, October 27

Portland General Electric schedules earnings release and conference call for Friday, February 16

Portland General Electric issues All-Source Request for Proposal for renewable and non-emitting energy projects to meet growing customer demand

Portland General Electric declares dividend

Portland General Electric announces 2023 financial results and initiates 2024 earnings guidance

PGE outlines progress and purpose in 2023 Environmental, Social and Governance report

Portland General Electric announces intent to join CAISO EDAM regional energy market to benefit customers, environment

Portland General Electric schedules earnings release and conference call for Friday, April 26

Portland General Electric Announces First Quarter 2024 Results

Avangrid

ALLETE

Comp En De Mn Cemig ADS American Depositary Shares

Cia Energetica DE Minas

Comp En De Mn Cemig ADS American Depositary Receipts

Empresa Distribuidora Y Comercializadora Norte S.A. (Edenor) American Depositary Shares

Empresa Distribuidora y

Companhia Paranaense de Energia (COPEL) American Depositary Shares (each representing one Unit consisting one Common Share and four non-voting Class B Preferred Shares)

Cia Paranaense De Energia

Companhia Paranaense de Energia (COPEL) American Depositary Shares (each representing four (4) Common Shares)

Enel Chile S.A. American Depositary Shares (Each representing 50 shares of Common Stock)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Portland Gen Electric Stock (NYSE:POR), Short Interest Report

People Also Watch