Date | Price Target | Rating | Analyst |
---|---|---|---|
9/18/2024 | $48.00 → $49.00 | Overweight → Equal Weight | Barclays |
9/12/2024 | $47.00 | Underperform | BofA Securities |
7/22/2024 | Sector Weight → Overweight | KeyBanc Capital Markets | |
2/5/2024 | $55.00 → $43.00 | Buy → Neutral | BofA Securities |
1/29/2024 | $47.00 → $45.00 | Neutral → Buy | UBS |
12/11/2023 | $44.00 → $47.00 | Equal Weight → Overweight | Barclays |
11/9/2023 | $43.00 | Buy | Ladenburg Thalmann |
8/23/2023 | $43.00 | Equal Weight | Barclays |
Second quarter results reflect continued focus on execution and cost management, semiconductor manufacturing and data center demand growth, and solid power cost performanceReaffirming 2024 adjusted earnings guidance of $2.98 to $3.18 per diluted share PORTLAND, Ore., July 26, 2024 /PRNewswire/ -- Portland General Electric Company (NYSE:POR) today reported net income based on generally accepted accounting principles (GAAP) of $72 million, or $0.69 per diluted share, for the second quarter of 2024. This compares with GAAP net income of $39 million, or $0.39 per diluted share, for the second quarter of 2023, which included the $0.05 per diluted share impact from the Boardman revenue requirement
PORTLAND, Ore., July 19, 2024 /PRNewswire/ -- On July 19, 2024, the board of directors of Portland General Electric Company (NYSE: POR) declared a quarterly common stock dividend of $0.50 per share. The company's dividend is evaluated based on capital requirements and financial performance. PGE targets a dividend payout ratio of 60 to 70% over the long term. The quarterly dividend is payable on or before October 15, 2024, to shareholders of record at the close of business on September 24, 2024. About Portland General Electric CompanyPortland General Electric (NYSE:POR) is an integrated energy company that generates, transmits and distributes electricity to over 930,000 customers with a serv
PORTLAND, Ore., June 26, 2024 /PRNewswire/ -- Portland General Electric Company (NYSE:POR) announced today that it will host an analyst conference call and webcast at 11 a.m. ET on Friday, July 26, to review its second quarter 2024 financial results. Portland General Electric plans to release its second quarter 2024 earnings summary before financial markets open in the United States on July 26. The conference call will be hosted by Maria Pope, President and CEO; Joe Trpik, Senior Vice President of Finance and CFO; and Nick White, Manager of Investor Relations. To hear the conference call by webcast, log on to Portland General Electric's investor website at investors.portlandgeneral.com, se
Barclays downgraded Portland Gen Elec from Overweight to Equal Weight and set a new price target of $49.00 from $48.00 previously
BofA Securities resumed coverage of Portland Gen Elec with a rating of Underperform and set a new price target of $47.00
KeyBanc Capital Markets upgraded Portland Gen Elec from Sector Weight to Overweight
Second quarter results reflect continued focus on execution and cost management, semiconductor manufacturing and data center demand growth, and solid power cost performanceReaffirming 2024 adjusted earnings guidance of $2.98 to $3.18 per diluted share PORTLAND, Ore., July 26, 2024 /PRNewswire/ -- Portland General Electric Company (NYSE:POR) today reported net income based on generally accepted accounting principles (GAAP) of $72 million, or $0.69 per diluted share, for the second quarter of 2024. This compares with GAAP net income of $39 million, or $0.39 per diluted share, for the second quarter of 2023, which included the $0.05 per diluted share impact from the Boardman revenue requirement
PORTLAND, Ore., July 19, 2024 /PRNewswire/ -- On July 19, 2024, the board of directors of Portland General Electric Company (NYSE: POR) declared a quarterly common stock dividend of $0.50 per share. The company's dividend is evaluated based on capital requirements and financial performance. PGE targets a dividend payout ratio of 60 to 70% over the long term. The quarterly dividend is payable on or before October 15, 2024, to shareholders of record at the close of business on September 24, 2024. About Portland General Electric CompanyPortland General Electric (NYSE:POR) is an integrated energy company that generates, transmits and distributes electricity to over 930,000 customers with a serv
PORTLAND, Ore., June 26, 2024 /PRNewswire/ -- Portland General Electric Company (NYSE:POR) announced today that it will host an analyst conference call and webcast at 11 a.m. ET on Friday, July 26, to review its second quarter 2024 financial results. Portland General Electric plans to release its second quarter 2024 earnings summary before financial markets open in the United States on July 26. The conference call will be hosted by Maria Pope, President and CEO; Joe Trpik, Senior Vice President of Finance and CFO; and Nick White, Manager of Investor Relations. To hear the conference call by webcast, log on to Portland General Electric's investor website at investors.portlandgeneral.com, se
4 - PORTLAND GENERAL ELECTRIC CO /OR/ (0000784977) (Issuer)
KeyBanc Capital Markets analysts upgraded Portland General Electric Company (NYSE:POR) to Overweight from Sector Weight, with a $52 price target. The analysts write that the company is seeing strong power demand growth due to high-tech and semiconductor industries. The region is also appealing for data centers, especially those needing low latency, thanks to cross-Pacific subsea cables, adds the analysts. The analysts say that with industrial customers, who make up about 30% of the total load and are growing at 7.5%, POR’s overall load growth is robust. The analysts write that recent updates to POR’s power cost recovery mechanism have improved earnings by reducing exposure to v
Barclays analyst Nicholas Campanella maintains Portland Gen Electric (NYSE:POR) with a Overweight and raises the price target from $44 to $48.
Keybanc analyst Sophie Karp upgrades Portland Gen Electric (NYSE:POR) from Sector Weight to Overweight.
SC 13G - PORTLAND GENERAL ELECTRIC CO /OR/ (0000784977) (Subject)
SC 13G/A - PORTLAND GENERAL ELECTRIC CO /OR/ (0000784977) (Subject)
SC 13G/A - PORTLAND GENERAL ELECTRIC CO /OR/ (0000784977) (Subject)
8-K - PORTLAND GENERAL ELECTRIC CO /OR/ (0000784977) (Filer)
8-K - PORTLAND GENERAL ELECTRIC CO /OR/ (0000784977) (Filer)
8-K - PORTLAND GENERAL ELECTRIC CO /OR/ (0000784977) (Filer)
4 - PORTLAND GENERAL ELECTRIC CO /OR/ (0000784977) (Issuer)
4 - PORTLAND GENERAL ELECTRIC CO /OR/ (0000784977) (Issuer)
4 - PORTLAND GENERAL ELECTRIC CO /OR/ (0000784977) (Issuer)
Participation in California Independent System Operator (CAISO) Extended Day-Ahead Market (EDAM) to enhance affordability, reliability and access to clean power. PORTLAND, Ore., March 21, 2024 /PRNewswire/ -- Portland General Electric (NYSE:POR) announced plans to join the California Independent System Operator's (CAISO) Extended Day-Ahead Market (EDAM) to help provide Portland General Electric (PGE) and the customers it serves with access to more affordable, reliable and clean energy. "Joining the CAISO Extended Day-Ahead Market is a significant next step toward an integrated regional system that will deliver cost savings and enhanced reliability for PGE customers," said Maria Pope, PGE
Experienced energy executive brings over two decades of financial expertise PORTLAND, Ore., June 15, 2023 /PRNewswire/ -- Portland General Electric (PGE) (NYSE:POR) today announced the appointment of Joseph (Joe) Trpik as chief financial officer and senior vice president, effective June 30, 2023. Trpik will succeed PGE's CFO, Jim Ajello, who previously announced plans to retire and will serve as a senior advisor through August 31, 2023. "We are pleased to welcome Joe to PGE," said Maria Pope, president and CEO. "At a time when the energy industry is becoming more complex, Joe's deep industry and financial expertise will be invaluable as we invest for growth, manage costs and deliver safe, r
Energy executive brings deep industry knowledge, strong leadership and proven operating expertise to PGE's commitment to delivering safe, reliable and affordable clean energy. PORTLAND, Ore., March 20, 2023 /PRNewswire/ -- Portland General Electric (PGE) (NYSE:POR) announced the appointment of Benjamin (Ben) Felton as the company's new Chief Operating Officer, effective April 3, 2023. In his role, Felton will lead the utility operations groups, including generation, distribution, engineering, project management, environmental, construction, safety and other operations-focused areas. "We are pleased to welcome Ben to PGE," said Maria Pope, president and CEO. "Ben brings a wealth of experience