Portland General Electric Co (POR) is looking forward to a strong quarter

With 1.07 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.93 million shares. During the session, the Utilities – Regulated Electric company that operates in wider Utilities sector, reached to the highest price of $44.205 whereas the lowest price it dropped to was $43.445. The 52-week range on POR shows that it touched its highest point at $51.58 and its lowest point at $38.01 during that stretch. It currently has a 1-year price target of $46.67. With its current market cap of 4.48 billion, POR has annualized dividend of $1.90 while the current yield stands at 4.37%. POR paid its most recent dividend on 1710979200, while the ex-dividend date for that was 1719187200. Beta for the stock currently stands at 0.59.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of POR was up-trending over the past week, with a rise of 0.53%, but this was up by 5.25% over a month. Three-month performance surged to 4.24% while six-month performance rose 8.65%. The stock lost -12.69% in the past year, while it has gained 0.32% so far this year. A look at the trailing 12-month EPS for POR yields 2.61 with Next year EPS estimates of 3.25. For the next quarter, that number is 0.56. This implies an EPS growth rate of 29.23% for this year and 5.56% for next year. EPS is expected to grow by 12.50% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -0.38%.

Float and Shares Shorts:

At present, 103.03 million POR shares are outstanding with a float of 102.47 million shares on hand for trading. On 2024-04-15, short shares totaled 5.08 million, which was 501.00001999999995 higher than short shares on 1710460800. In addition to Ms. Maria MacGregor Pope as the firm’s President, CEO & Director, Mr. Joseph R. Trpik Jr. serves as its Senior VP of Finance & CFO.

Institutional Ownership:

Through their ownership of 1.03267 of POR’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, POR reported revenue of $929000000.0 and operating income of $162000000.0. The EBITDA in the recently reported quarter was $289000000.0 and diluted EPS was $1.08.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for POR since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.