Portland General Electric Company (POR)
Portland General Electric Company (POR) is an integrated electric utility serving approximately 917,000 customers in Oregon. The company generates, transmits, and distributes electricity through a diverse portfolio of thermal, wind, and hydroelectric facilities.
Company Overview
Portland General Electric (POR) offers a stable investment opportunity within the regulated electric utility sector, providing essential services to a growing customer base in Oregon with a diversified generation portfolio and a commitment to renewable energy, supported by a 4.09% dividend yield.
Investment Thesis
Portland General Electric presents a compelling investment opportunity due to its stable business model as a regulated utility, its commitment to renewable energy, and its attractive dividend yield of 4.09%. The company's consistent profitability, reflected in its 8.8% profit margin, and its strong gross margin of 44.3% demonstrate efficient operations. Growth catalysts include increasing demand for electricity in Oregon and investments in renewable energy projects. The company's regulated nature provides a degree of protection from market volatility, while its focus on sustainability aligns with growing investor preferences for ESG-focused companies. With a beta of 0.69, POR offers lower volatility compared to the broader market, making it suitable for risk-averse investors seeking steady income and long-term capital appreciation.
Key Highlights
- Market capitalization of $5.70 billion, reflecting a substantial presence in the regulated electric utility sector.
- P/E ratio of 18.43 indicates a reasonable valuation relative to earnings.
- Profit margin of 8.8% demonstrates solid profitability in a capital-intensive industry.
- Gross margin of 44.3% highlights efficient operations and cost management.
- Dividend yield of 4.09% provides an attractive income stream for investors.
Competitors
Strengths
- Regulated business model provides stable revenue and earnings.
- Diversified generation portfolio reduces reliance on any one energy source.
- Established presence in Oregon with a large customer base.
- Commitment to renewable energy aligns with state policies and customer preferences.
Weaknesses
- Exposure to regulatory risks and political pressures.
- Dependence on weather conditions for hydroelectric and wind generation.
- Capital-intensive business requires significant ongoing investments.
- Vulnerable to cyberattacks and other security threats.
Catalysts
- Ongoing: Investments in renewable energy projects driving long-term growth.
- Ongoing: Infrastructure modernization projects improving grid reliability and efficiency.
- Upcoming: Regulatory approvals for new rate increases.
- Ongoing: Expansion of electric vehicle charging infrastructure.
- Ongoing: Implementation of smart grid technologies.
Risks
- Potential: Changes in regulatory policies impacting profitability.
- Potential: Delays in permitting or construction of new generation facilities.
- Ongoing: Fluctuations in natural gas prices increasing generation costs.
- Potential: Cyberattacks disrupting grid operations.
- Ongoing: Economic downturn reducing electricity demand.
Growth Opportunities
- Renewable Energy Investments: PGE has the opportunity to expand its renewable energy portfolio through investments in wind, solar, and hydroelectric projects. Oregon's commitment to clean energy standards creates a favorable environment for these investments, potentially increasing PGE's market share and reducing its carbon footprint. The market for renewable energy is projected to grow significantly over the next decade, driven by government policies and consumer demand.
- Infrastructure Modernization: PGE can invest in upgrading its transmission and distribution infrastructure to improve reliability and efficiency. Modernizing the grid will reduce energy losses, enhance grid resilience, and enable the integration of more renewable energy sources. These investments will also support the increasing electrification of transportation and heating, driving long-term demand for electricity.
- Customer Growth: Oregon's population and economy are growing, creating opportunities for PGE to expand its customer base. By offering competitive rates and reliable service, PGE can attract new residential, commercial, and industrial customers. The company can also focus on developing innovative energy solutions to meet the evolving needs of its customers.
- Electric Vehicle Charging Infrastructure: PGE can capitalize on the growing adoption of electric vehicles by investing in EV charging infrastructure. By partnering with businesses and municipalities, PGE can expand the availability of charging stations and encourage the transition to electric vehicles. This will increase electricity demand and generate new revenue streams for the company.
- Smart Grid Technologies: Implementing smart grid technologies can improve grid management, reduce energy consumption, and enhance customer engagement. Smart meters, advanced sensors, and data analytics can provide real-time insights into energy usage, enabling PGE to optimize its operations and offer personalized energy solutions to its customers. These technologies can also improve grid security and resilience.
Opportunities
- Expansion of renewable energy portfolio to meet growing demand for clean energy.
- Investments in infrastructure modernization to improve reliability and efficiency.
- Growth in electric vehicle adoption driving increased electricity demand.
- Development of smart grid technologies to enhance grid management and customer engagement.
Threats
- Changes in regulatory policies or government mandates.
- Increased competition from alternative energy providers.
- Fluctuations in natural gas prices impacting thermal generation costs.
- Economic downturn reducing electricity demand.
Competitive Advantages
- Regulated monopoly: Operates in a regulated environment with limited competition.
- Infrastructure: Owns and operates essential transmission and distribution infrastructure.
- Established customer base: Serves a large and loyal customer base in Oregon.
- Diversified generation portfolio: Has a mix of thermal, wind, and hydroelectric generation assets.
About
Portland General Electric Company (PGE), founded in 1889 and headquartered in Portland, Oregon, is a vertically integrated electric utility that has been powering Oregon for over a century. The company is engaged in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity. PGE's operations are primarily concentrated within the state of Oregon, where it serves approximately 917,000 residential, commercial, and industrial customers across 51 cities. PGE operates a diverse portfolio of generation assets, including six thermal plants, three wind farms, and seven hydroelectric facilities, providing a balanced approach to energy production. As of December 31, 2021, PGE's infrastructure included an electric transmission system spanning 1,274 circuit miles and a distribution network of 28,206 circuit miles. In addition to electricity, PGE also participates in the wholesale natural gas market in the United States and Canada. PGE is committed to providing reliable and affordable energy while transitioning to a cleaner energy future.
What They Do
- Generates electricity from thermal, wind, and hydroelectric sources.
- Purchases wholesale electricity and natural gas.
- Transmits electricity over high-voltage transmission lines.
- Distributes electricity to residential, commercial, and industrial customers.
- Sells electricity at retail rates.
- Provides customer service and energy efficiency programs.
- Participates in wholesale natural gas markets.
Business Model
- Generates revenue through the regulated sale of electricity to customers.
- Recovers costs and earns a return on investment through regulated rates.
- Manages a diverse portfolio of generation assets to meet customer demand.
- Invests in infrastructure to maintain reliability and improve efficiency.
Industry Context
Portland General Electric operates within the regulated electric utility industry, which is characterized by stable demand, high barriers to entry, and government oversight. The industry is undergoing a significant transformation driven by the increasing adoption of renewable energy sources and the need to modernize aging infrastructure. The competitive landscape includes other regulated utilities operating in the Pacific Northwest, such as Idaho Power (IDA). PGE's focus on renewable energy and its established presence in Oregon position it well to capitalize on these trends.
Key Customers
- Residential customers: Households that use electricity for lighting, heating, cooling, and appliances.
- Commercial customers: Businesses that use electricity for operations, lighting, and equipment.
- Industrial customers: Manufacturing facilities and other large-scale operations that require significant amounts of electricity.
Financials
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q4 2025 | $840M | $41M | $0.37 |
| Q3 2025 | $878M | $103M | $0.93 |
| Q2 2025 | $807M | $62M | $0.56 |
| Q1 2025 | $928M | $100M | $0.91 |
Source: Company filings
Chart & Info
Price Chart
Portland General Electric Company (POR) stock price: $54.00 (+0.00, +0.00%)
Why Bull
- •Recent insider buying suggests confidence in the company's future, indicating that executives see growth potential.
- •Community sentiment has turned positive as discussions about renewable energy initiatives gain traction, aligning with market trends.
- •The company's stable dividend policy has attracted income-focused investors, reinforcing a bullish outlook.
- •Recent regulatory approvals for infrastructure investments have positioned Portland General Electric for long-term growth, enhancing its market perception.
Why Bear
- •Concerns about rising operational costs have surfaced, leading some investors to question profit sustainability in the near term.
- •Community discussions reveal skepticism about the company's ability to transition quickly enough to renewable energy, impacting long-term growth projections.
- •Increased competition from alternative energy providers has raised doubts about market share retention, contributing to a bearish sentiment.
- •Recent weather-related disruptions have highlighted vulnerabilities in service reliability, prompting concerns among investors about operational resilience.
Latest News
No recent news available for POR.
Technical Analysis
Rationale
AI-generated technical analysis for POR including trend direction, momentum, and pattern recognition.
What to Watch
Key support and resistance levels, volume signals, and upcoming events.
Risk Management
Position sizing, stop-loss levels, and risk-reward assessment.
Community
Discussion
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Sentiment
Community sentiment and discussion activity for POR.
Make a Prediction
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Current price: $54.00
Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for POR.
Price Targets
Wall Street price target analysis for POR.
Insider Flow (30d)
MoonshotScore
Score Factors
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Revenue Growth 4/100
Revenue grew only 4.0% YoY, suggesting the company is in a slower growth phase.
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Gross Margin 8/100
Gross margin at 48.0% indicates good unit economics and healthy profitability per sale.
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Operating Leverage 4/100
Limited operating leverage due to slower revenue growth, keeping profit scaling constrained.
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Cash Runway 5/100
Cash position data is currently unavailable for this company.
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R&D Intensity 5/100
R&D spending data is currently unavailable for this company.
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Insider Activity 10/100
Insiders bought +$127.11M net in recent filings, a strong confidence signal from those who know the company best.
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Short Interest 5/100
Float and volume data unavailable for liquidity analysis.
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Price Momentum 0/100
No bullish technical signals detected. The stock lacks upward price momentum currently.
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News Sentiment 5/100
No sentiment data available
What does this score mean?
The MoonshotScore rates POR's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Frequently Asked Questions
What does Portland General Electric Company do?
Portland General Electric Company is an integrated electric utility that generates, transmits, and distributes electricity to approximately 917,000 customers in Oregon. The company operates a diverse portfolio of generation assets, including thermal, wind, and hydroelectric facilities. PGE's business model is based on providing reliable and affordable electricity to its customers while complying with regulatory requirements and investing in a cleaner energy future. The company's market position is strengthened by its established presence in Oregon and its commitment to renewable energy.
Is POR stock a good buy?
POR stock presents a potentially attractive investment opportunity given its stable business model as a regulated utility and its commitment to renewable energy. The company's dividend yield of 4.09% provides an attractive income stream for investors. While the P/E ratio of 18.43 suggests a reasonable valuation, investors should consider the regulatory risks and capital-intensive nature of the business. The company's growth prospects are tied to increasing electricity demand in Oregon and investments in renewable energy projects, making it a potentially suitable investment for risk-averse investors seeking long-term capital appreciation.
What are the main risks for POR?
Portland General Electric faces several risks, including regulatory changes, fluctuations in natural gas prices, and potential cyberattacks. Changes in regulatory policies could impact the company's profitability and ability to recover costs. Fluctuations in natural gas prices could increase generation costs and reduce margins. Cyberattacks could disrupt grid operations and compromise customer data. Additionally, economic downturns could reduce electricity demand and negatively impact revenue. Investors should carefully consider these risks before investing in POR stock.
Is POR a good stock to buy?
Whether POR is a good investment depends on your financial goals, risk tolerance, and investment horizon. Key factors to evaluate include the company's revenue growth trajectory, profit margins, debt-to-equity ratio, competitive moat, and valuation multiples (P/E, P/S, EV/EBITDA) relative to industry peers. Our AI-generated Investment Thesis and SWOT analysis on this page provide a data-driven starting point. Always do your own research and consider consulting a financial advisor before making investment decisions.
What is the POR MoonshotScore?
The MoonshotScore for POR is an AI-powered rating from 0 to 100 that evaluates a stock across four dimensions: growth potential (revenue and earnings trajectory), financial health (balance sheet strength, cash flow), market momentum (price trends, volume patterns, institutional flows), and risk factors (volatility, debt levels, sector headwinds). Scores above 70 indicate strong potential, 50-70 moderate, and below 50 suggests caution. The score is recalculated daily using the latest financial data and market signals.
How often is POR data updated?
POR stock prices are updated in real-time during U.S. market hours (9:30 AM - 4:00 PM ET, Monday through Friday). After-hours and pre-market prices are also tracked. Company fundamentals (earnings, revenue, balance sheet) are refreshed when new quarterly or annual reports are filed. Analyst ratings, price targets, and AI-generated insights are updated daily. Breaking news related to POR is aggregated continuously from premium financial news sources throughout the day.
What are the growth catalysts for POR?
Growth catalysts for Portland General Electric Company (POR) can include several categories: product catalysts (new launches, FDA approvals, patent grants), financial catalysts (earnings beats, margin expansion, share buybacks), strategic catalysts (acquisitions, partnerships, market expansion into new regions), and macro catalysts (favorable regulation, industry tailwinds, secular growth trends). Our AI analyzes Portland General Electric Company's specific catalysts using earnings transcripts, SEC filings, and news sentiment to identify the most impactful near-term and long-term drivers.
Who are POR's main competitors?
Portland General Electric Company (POR) competes with companies in its industry that target similar customers, markets, or product categories. Competitor analysis involves comparing key metrics: market share, revenue growth rates, profit margins, R&D spending, and valuation multiples. Understanding competitive positioning helps investors assess whether POR has a sustainable competitive advantage (moat) through brand strength, network effects, cost leadership, or switching costs. Our Competitors section provides a side-by-side comparison with relevant peers.
What do analysts say about POR?
Wall Street analyst coverage for POR includes consensus ratings (buy, hold, or sell), 12-month price targets, and earnings estimates. Analyst opinions are aggregated from major investment banks and research firms. Key metrics to watch include the consensus price target (average, high, and low estimates), the number of analysts covering the stock, any recent rating changes (upgrades or downgrades), and how actual earnings compare to analyst estimates (beat or miss history). Our platform aggregates these from multiple data providers for a comprehensive view.
What is POR's market cap?
Market capitalization (market cap) for POR is calculated by multiplying the current share price by the total number of outstanding shares. It represents the market's total valuation of the company. Stocks are typically categorized as mega-cap ($200B+), large-cap ($10B-$200B), mid-cap ($2B-$10B), small-cap ($300M-$2B), or micro-cap (under $300M). Market cap influences index inclusion, institutional ownership eligibility, and risk profile. Our Key Statistics section shows POR's current market cap alongside enterprise value and other valuation metrics.
How has POR stock performed recently?
POR's recent stock performance can be evaluated across multiple timeframes: daily price changes, week-over-week momentum, monthly trends, and year-to-date returns. Important performance indicators include the stock's 52-week high and low, moving averages (50-day and 200-day SMA), relative strength index (RSI), and volume trends. Comparing POR's performance against its sector index and the S&P 500 provides context on whether it is outperforming or underperforming the broader market.
What are the risks of investing in POR?
Key risk categories for POR include: market risk (overall market downturns affecting stock prices), company-specific risk (management changes, product failures, competitive threats), financial risk (high debt levels, cash burn, dilution from stock issuance), regulatory risk (government policy changes, lawsuits, compliance issues), and macroeconomic risk (interest rate changes, inflation, currency fluctuations). Beta measures POR's volatility relative to the market - a beta above 1.0 means higher volatility than the S&P 500. Our AI-generated risk assessment identifies the most relevant risk factors for this specific stock.
Are insiders buying or selling POR?
Insider trading activity for POR tracks purchases and sales by company executives, directors, and major shareholders (10%+ owners) as reported in SEC Form 4 filings. Insider buying is generally considered a bullish signal because insiders have the deepest knowledge of company operations, while selling may have various motivations (diversification, tax planning, pre-planned 10b5-1 trading plans). Key metrics include the buy-to-sell ratio, total dollar value of insider transactions, and whether multiple insiders are trading in the same direction. Our Insider Flow tab shows recent transactions with dates and dollar amounts.
Is POR a good stock for beginners?
Portland General Electric Company (POR) can be suitable for beginner investors depending on several factors. Look at the MoonshotScore on this page for an overall AI-powered assessment of growth potential and risk. Beginners should also check the company's market cap (larger companies tend to be less volatile), gross margin (higher margins mean stronger business fundamentals), and cash position (healthy cash reduces bankruptcy risk). Always start with a small position size and never invest money you cannot afford to lose.
How risky is POR for first-time investors?
Every stock carries risk, including Portland General Electric Company (POR). First-time investors should review the Risk Factors section on this page for company-specific risks. Key risk indicators include price volatility (check the chart for daily swings), insider selling activity (see Insider Flow tab), and cash runway (see MoonshotScore breakdown). A diversified portfolio with an index fund like the S&P 500 as a core holding is generally recommended before adding individual stocks like POR.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Data provided for informational purposes only.
- Data is based on information available as of 2026-02-05. Stock data pending update.