KeyCorp Issues Optimistic Forecast for POR Earnings

Portland General Electric Company (NYSE:POR) – KeyCorp upped their Q4 2026 earnings per share (EPS) estimates for shares of Portland General Electric in a research report issued to clients and investors on Wednesday, July 22nd. KeyCorp analyst S. Karp now anticipates that the utilities provider will post earnings of $0.91 per share for the quarter, up from their previous forecast of $0.62. The consensus estimate for Portland General Electric’s current full-year earnings is $3.39 per share.

Portland General Electric (NYSE:POR) last issued its earnings results on Thursday, April 30th. The utilities provider reported $0.58 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.19). The firm had revenue of $879.00 million for the quarter, compared to analysts’ expectations of $953.24 million. Portland General Electric had a return on equity of 7.57% and a net margin of 7.12%.The firm’s revenue for the quarter was down 5.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.91 EPS.

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

Portland General Electric Trading Down 0.0%

NYSE POR opened at $52.03 on Monday. The firm has a market capitalization of $6.02 billion, a price-to-earnings ratio of 23.23, a PEG ratio of 2.19 and a beta of 0.52. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.95 and a current ratio of 1.09. Portland General Electric has a one year low of $39.85 and a one year high of $54.62. The company’s 50 day moving average price is $51.07 and its 200 day moving average price is $51.28.

Hedge Funds Weigh In On Portland General Electric

A number of institutional investors have recently added to or reduced their stakes in POR. V Square Quantitative Management LLC purchased a new position in Portland General Electric in the 4th quarter valued at about $25,000. Private Trust Co. NA increased its position in shares of Portland General Electric by 76.4% during the fourth quarter. Private Trust Co. NA now owns 552 shares of the utilities provider’s stock worth $26,000 after acquiring an additional 239 shares during the last quarter. Johnson Financial Group Inc. purchased a new stake in shares of Portland General Electric during the third quarter worth about $27,000. Rothschild Investment LLC lifted its stake in shares of Portland General Electric by 112.9% in the fourth quarter. Rothschild Investment LLC now owns 611 shares of the utilities provider’s stock worth $29,000 after acquiring an additional 324 shares in the last quarter. Finally, SHP Wealth Management acquired a new position in shares of Portland General Electric in the fourth quarter worth about $34,000.

Insider Buying and Selling at Portland General Electric

In other news, VP Juan Diego Gallegos sold 2,750 shares of Portland General Electric stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $48.67, for a total transaction of $133,842.50. Following the sale, the vice president owned 12,127 shares in the company, valued at $590,221.09. This trade represents a 18.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Robert N. Hoglund bought 2,000 shares of Portland General Electric stock in a transaction dated Monday, May 11th. The shares were purchased at an average cost of $48.80 per share, for a total transaction of $97,600.00. Following the completion of the transaction, the director owned 2,519 shares of the company’s stock, valued at approximately $122,927.20. This represents a 385.36% increase in their position. The SEC filing for this purchase provides additional information. 0.52% of the stock is owned by corporate insiders.

Portland General Electric News Summary

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

• Positive Sentiment: KeyCorp raised its Q3 2026 earnings estimate for Portland General Electric to $1.26 per share from $1.08, suggesting stronger near-term profitability expectations. MarketBeat POR report
• Neutral Sentiment: Analysts expect Portland General Electric to report earnings on Friday, putting the company in the spotlight ahead of the quarterly update. Portland General Electric (POR) Projected to Post Earnings on Friday
• Neutral Sentiment: Hot weather has contributed to widespread power outages across the Portland metro area, highlighting near-term operational strain but also underscoring elevated electricity demand. Over 8,000 without power in Portland metro as temps near 100 degrees
• Neutral Sentiment: PGE customers experienced additional outages in Goose Hollow, SW Portland, and Tigard during the heat wave, which may increase scrutiny of grid reliability. Thousands of PGE customers lose power across Portland metro area amid hot weather
• Neutral Sentiment: Workers at PGE’s Tualatin power grid operations center may strike starting Aug. 2, creating a potential labor disruption risk if negotiations fail. Workers at PGE’s Tualatin power grid operation center may go on strike starting Aug. 2, union says
• Negative Sentiment: KeyCorp trimmed Q2 2026 EPS estimates to $0.63 from $0.69, and also nudged FY2026 and FY2029 forecasts slightly lower, reinforcing worries about earnings growth. MarketBeat POR report
• Negative Sentiment: Zacks flagged that Portland General Electric may be headed for a year-over-year earnings decline in its upcoming report, which could weigh on the shares if results disappoint. Analysts Estimate Portland General Electric (POR) to Report a Decline in Earnings: What to Look Out for

About Portland General Electric

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.