Portland General Electric (NYSE:POR) Reaches New 52-Week High on Analyst Upgrade

Portland General Electric Company (NYSE:POR) shares reached a new 52-week high during trading on Tuesday after Barclays raised their price target on the stock from $47.00 to $53.00. Barclays currently has an equal weight rating on the stock. Portland General Electric traded as high as $54.39 and last traded at $53.3030, with a volume of 67088 shares trading hands. The stock had previously closed at $54.00.

Several other analysts have also recently weighed in on POR. Wells Fargo & Company lifted their price objective on shares of Portland General Electric from $45.00 to $49.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 20th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Portland General Electric in a research report on Monday, December 29th. BTIG Research reiterated a “buy” rating and issued a $58.00 price target on shares of Portland General Electric in a research note on Friday, January 30th. JPMorgan Chase & Co. raised their price objective on Portland General Electric from $47.00 to $49.00 and gave the stock a “neutral” rating in a research note on Friday, December 12th. Finally, Mizuho set a $47.00 price objective on Portland General Electric in a report on Monday, November 3rd. Two equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $48.92.

More Portland General Electric News

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

• Positive Sentiment: Acquisition expands footprint — PGE agreed to buy PacifiCorp’s Washington generation, transmission and distribution assets for $1.9 billion, adding ~140k customers and generation assets that accelerate scale and rate-base growth. Portland General Electric announces acquisition of Washington state utility operations and select assets from PacifiCorp
• Positive Sentiment: Company reiterates multi-year growth and project pipeline — PGE initiated FY2026 EPS guidance of $3.33–$3.53, reaffirmed long-term 5–7% EPS growth, and disclosed agreements to build ~615 MW of solar + battery capacity (425 MW company-owned). Portland General Electric announces acquisition … and initiates 2026 earnings guidance
• Positive Sentiment: Analyst support and coverage notes — Some analysts increased targets/coverage and upbeat write-ups highlighted POR’s growth profile and renewable exposure, which can support upside as integration executes. Here is Why Growth Investors Should Buy Portland General Electric (POR) Now
• Neutral Sentiment: Sector tailwinds for wind/renewables — Coverage noted broader wind/renewable capacity growth and PGE’s projects could capture demand, but this is a longer-term tailwind rather than an immediate catalyst. Top Wind Energy Stocks Worth Investing Now For Solid Returns
• Negative Sentiment: Share offering/pricing — PGE launched an underwritten public offering (announced $480M) and later priced 9,467,455 shares at $50.70 in connection with forward-sale agreements; the size and pricing introduce near-term dilution that likely pressured the stock. Portland General Electric Company Announces Public Offering of $480,000,000 of Shares of Common Stock
• Negative Sentiment: Q4 earnings missed estimates — Q4 EPS was $0.47, below consensus, and revenue was slightly under expectations; the miss and weather-related headwinds were flagged on the call and weigh on near-term sentiment. Portland General Electric (POR) Q4 Earnings Lag Estimates

Hedge Funds Weigh In On Portland General Electric

A number of institutional investors have recently added to or reduced their stakes in the stock. Campbell & CO Investment Adviser LLC increased its holdings in shares of Portland General Electric by 38.8% during the second quarter. Campbell & CO Investment Adviser LLC now owns 44,777 shares of the utilities provider’s stock worth $1,819,000 after buying an additional 12,518 shares in the last quarter. SG Americas Securities LLC increased its holdings in Portland General Electric by 143.8% in the 3rd quarter. SG Americas Securities LLC now owns 88,381 shares of the utilities provider’s stock worth $3,889,000 after purchasing an additional 52,127 shares in the last quarter. ATLAS Infrastructure Partners UK Ltd. raised its position in Portland General Electric by 24.1% in the second quarter. ATLAS Infrastructure Partners UK Ltd. now owns 5,459,258 shares of the utilities provider’s stock valued at $221,810,000 after purchasing an additional 1,058,623 shares during the last quarter. Sequoia Financial Advisors LLC acquired a new stake in shares of Portland General Electric during the second quarter valued at about $376,000. Finally, Covalis Capital LLP bought a new stake in shares of Portland General Electric during the second quarter worth about $17,917,000.

Portland General Electric Price Performance

The company has a 50 day moving average price of $49.55 and a 200-day moving average price of $46.62. The company has a market cap of $5.74 billion, a price-to-earnings ratio of 18.41, a P/E/G ratio of 4.55 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 (NYSE:POR) last posted its earnings results on Tuesday, February 17th. The utilities provider reported $0.47 earnings per share for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.12). The business had revenue of $889.00 million for the quarter, compared to the consensus estimate of $892.31 million. Portland General Electric had a return on equity of 8.66% and a net margin of 8.56%.During the same period in the previous year, the firm earned $0.36 earnings per share. Portland General Electric has set its FY 2026 guidance at 3.330-3.530 EPS. As a group, equities research analysts predict that Portland General Electric Company will post 3.21 EPS for the current fiscal year.

Portland General Electric Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Monday, March 23rd will be issued a dividend of $0.525 per share. The ex-dividend date of this dividend is Monday, March 23rd. This represents a $2.10 annualized dividend and a yield of 4.1%. Portland General Electric’s payout ratio is presently 76.36%.

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.