Portland Gen Elec upgraded by Barclays with a new price target
$POR
Electric Utilities: Central
Utilities
Barclays upgraded Portland Gen Elec from Equal Weight to Overweight and set a new price target of $47.00 from $44.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/3/2025 | $52.00 → $47.00 | Buy → Neutral | UBS |
| 9/25/2024 | $54.00 | Outperform | Evercore ISI |
| 9/20/2024 | $48.00 | Hold | Jefferies |
| 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 |
4 - PORTLAND GENERAL ELECTRIC CO /OR/ (0000784977) (Issuer)
Full-year 2024 GAAP financial results of $3.01 per diluted share; full-year 2024 non-GAAP adjusted financial results of $3.14 per diluted shareInitiating 2025 adjusted earnings guidance of $3.13 to $3.33 per diluted share and reaffirming 5% to 7% long-term earnings per share growth using a base of $3.08 per diluted share, the mid-point of original 2024 adjusted earnings guidancePORTLAND, Ore., Feb. 14, 2025 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) today reported net income based on generally accepted accounting principles (GAAP) of $313 million, or $3.01 per diluted share, for the year ended December 31, 2024, which includes the $0.13 per diluted share impact of the Janu
PORTLAND, Ore., Feb. 12, 2025 /PRNewswire/ -- On February 12, 2025, 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 April 15, 2025, to shareholders of record at the close of business on March 24, 2025. About Portland General Electric CompanyPortland General Electric (NYSE:POR) is an integrated energy company that generates, transmits and distributes electricity to over 950,000 customers serving an ar
PORTLAND, Ore., Jan. 14, 2025 /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, February 14, to review its fourth quarter and full-year 2024 financial results. Portland General Electric plans to release its fourth quarter and full-year 2024 earnings summary before financial markets open in the United States on February 14. 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
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)
UBS downgraded Portland Gen Elec from Buy to Neutral and set a new price target of $47.00 from $52.00 previously
Evercore ISI initiated coverage of Portland Gen Elec with a rating of Outperform and set a new price target of $54.00
Jefferies initiated coverage of Portland Gen Elec with a rating of Hold and set a new price target of $48.00
4 - PORTLAND GENERAL ELECTRIC CO /OR/ (0000784977) (Issuer)
4 - PORTLAND GENERAL ELECTRIC CO /OR/ (0000784977) (Issuer)
4 - PORTLAND GENERAL ELECTRIC CO /OR/ (0000784977) (Issuer)
Full-year 2024 GAAP financial results of $3.01 per diluted share; full-year 2024 non-GAAP adjusted financial results of $3.14 per diluted shareInitiating 2025 adjusted earnings guidance of $3.13 to $3.33 per diluted share and reaffirming 5% to 7% long-term earnings per share growth using a base of $3.08 per diluted share, the mid-point of original 2024 adjusted earnings guidancePORTLAND, Ore., Feb. 14, 2025 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) today reported net income based on generally accepted accounting principles (GAAP) of $313 million, or $3.01 per diluted share, for the year ended December 31, 2024, which includes the $0.13 per diluted share impact of the Janu
PORTLAND, Ore., Feb. 12, 2025 /PRNewswire/ -- On February 12, 2025, 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 April 15, 2025, to shareholders of record at the close of business on March 24, 2025. About Portland General Electric CompanyPortland General Electric (NYSE:POR) is an integrated energy company that generates, transmits and distributes electricity to over 950,000 customers serving an ar
PORTLAND, Ore., Jan. 14, 2025 /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, February 14, to review its fourth quarter and full-year 2024 financial results. Portland General Electric plans to release its fourth quarter and full-year 2024 earnings summary before financial markets open in the United States on February 14. 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
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