Portland GE (POR) AI Stock Analysis

• Market Cap: $4.63B
• Dividend Yield: 4.73%
• Average Volume (3M): 1.05M
• Price to Earnings (P/E): 15.5
• Beta (1Y): 0.18
• Revenue Growth: 9.78%
• EPS Growth: -6.19%
• Country: US
• Employees: 2,915
• Sector: Utilities
• Sector Strength: 65
• Industry: Regulated Electric
• EPS (TTM): 0.66
• Shares Outstanding: 109,562,370
• 10 Day Avg. Volume: 1,063,665
• 30 Day Avg. Volume: 1,051,840
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 2.04
• Enterprise Value/Revenue: 2.70
• Enterprise Value/Gross Profit: 6.33
• Enterprise Value/Ebitda: 8.59
• 1Y Price Target: $43.50
• Price Target Upside: 1.66% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 4

• Rating: 73 Outperform
• Price Target: $47.00 ▲(9.84% Upside)

Portland GE's overall stock score reflects strong industrial growth and successful cost management, as highlighted in the earnings call. The technical analysis supports a positive trend, while the valuation is reasonable with an attractive dividend yield. However, financial performance is constrained by high leverage and negative free cash flow, posing potential risks.

Positive Factors

Industrial Demand Growth

The significant growth in industrial demand, especially from data centers, indicates a robust market position and potential for sustained revenue growth in high-demand sectors.

Cost Management

Effective cost management through workforce reduction enhances operational efficiency, supporting margin sustainability and long-term profitability.

Regulatory Achievements

New legislative acts provide regulatory clarity and flexibility, supporting strategic growth initiatives and stable customer pricing, enhancing competitive advantage.

Negative Factors

High Leverage

High leverage could strain financial flexibility and increase risk, especially if interest rates rise, potentially impacting long-term financial health.

Negative Free Cash Flow

Negative free cash flow indicates potential liquidity issues, limiting the company's ability to fund operations and growth initiatives internally.

Residential Load Decrease

A decline in residential load could signal challenges in maintaining customer base and revenue stability, affecting long-term growth prospects.

Portland GE Business Overview & Revenue Model

Company Description

Portland General Electric Company, an integrated electric utility company, engages in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. It operates six thermal plants, three wind farms, and seven hydroelectric facilities. As of December 31, 2021, the company owned an electric transmission system consisting of 1,274 circuit miles, including 287 circuit miles of 500 kilovolt line, 415 circuit miles of 230 kilovolt line, and 572 miles of 115 kilovolt line. It has 28,206 circuit miles of distribution lines. The company also purchases and sells wholesale natural gas in the United States and Canada. It serves approximately 917 thousand residential, commercial, and industrial customers in 51 cities. The company was founded in 1889 and is headquartered in Portland, Oregon.

How the Company Makes Money

Portland General Electric generates revenue primarily through the sale of electricity to residential, commercial, and industrial customers. The company operates under a regulated utility model, which allows it to earn a return on investments in infrastructure and energy generation. Key revenue streams include residential and commercial electricity sales, as well as demand-side management programs aimed at energy efficiency. Additionally, POR may engage in power purchase agreements and renewable energy credits, further contributing to its earnings. Regulatory approvals and partnerships with renewable energy developers also play a significant role in shaping its revenue landscape.

Portland GE Financial Statement Overview

Summary

Portland GE shows strong revenue growth and stable profitability, but faces challenges with high leverage and negative free cash flow. While the income statement reflects a healthy business model, the balance sheet and cash flow statements highlight potential risks related to debt levels and liquidity.

Income Statement

Portland GE has demonstrated consistent revenue growth, with a TTM growth rate of 1.43%. The company maintains healthy gross and EBIT margins, though there is a slight decline in gross profit margin over time. Net profit margin remains stable, indicating effective cost management. However, the decrease in gross profit margin from previous years suggests potential cost pressures.

Balance Sheet

The company's debt-to-equity ratio is relatively high at 1.31, indicating significant leverage, which could pose risks if interest rates rise. Return on equity is moderate at 7.78%, reflecting decent profitability. The equity ratio is stable, suggesting a balanced asset structure, but the high leverage remains a concern.

Cash Flow

Portland GE's cash flow situation is challenging, with negative free cash flow and a high free cash flow to net income ratio of -1.99 in the TTM. Operating cash flow is positive but has decreased significantly from previous periods, impacting the company's ability to fund operations internally. The negative free cash flow growth indicates potential liquidity issues.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.49B	3.44B	2.92B	2.65B	2.40B	2.15B
Gross Profit	1.49B	1.59B	1.36B	1.66B	1.57B	1.44B
EBITDA	1.10B	1.06B	904.00M	845.00M	808.00M	745.00M
Net Income	294.00M	313.00M	228.00M	233.00M	244.00M	155.00M
Balance Sheet
Total Assets	12.68B	12.54B	11.21B	10.46B	9.49B	9.07B
Cash, Cash Equivalents and Short-Term Investments	56.00M	12.00M	5.00M	165.00M	52.00M	257.00M
Total Debt	5.03B	5.14B	4.44B	3.98B	3.60B	3.38B
Total Liabilities	8.83B	8.75B	7.89B	7.68B	6.79B	6.46B
Stockholders Equity	3.85B	3.79B	3.32B	2.78B	2.71B	2.61B
Cash Flow
Free Cash Flow	-827.00M	-490.00M	-938.00M	-92.00M	-104.00M	-217.00M
Operating Cash Flow	414.00M	778.00M	420.00M	674.00M	532.00M	567.00M
Investing Cash Flow	-1.27B	-1.30B	-1.36B	-758.00M	-656.00M	-787.00M
Financing Cash Flow	336.00M	526.00M	778.00M	197.00M	-81.00M	447.00M

Portland GE Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 42.79
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For POR, the sentiment is Positive. The current price of 42.79 is above the 20-day moving average (MA) of 42.53, above the 50-day MA of 41.93, and above the 200-day MA of 41.89, indicating a bullish trend. The MACD of 0.10 indicates Positive momentum. The RSI at 55.10 is Neutral, neither overbought nor oversold. The STOCH value of 61.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for POR.

Portland GE Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
POR	73 Outperform	$4.63B	15.52	8.02%	4.73%	9.78%	-6.19%
IDA	69 Neutral	6.79B	22.08	9.03%	2.74%	-0.48%	6.40%
TXNM	69 Neutral	5.96B	29.20	5.59%	2.85%	10.23%	114.67%
OGE	66 Neutral	8.89B	18.02	10.57%	3.82%	16.01%	19.05%
PNW	65 Neutral	10.33B	17.69	8.56%	4.14%	7.47%	-8.53%
ENIC	61 Neutral	5.15B	36.53	2.93%	5.88%	-19.56%	-83.31%
Sector *	66 Neutral	$17.65B	18.10	5.60%	3.62%	6.62%	11.55%

Portland GE Corporate Events

Portland GE Director Dawn Farrell Resigns for New Role

On August 29, 2025, Dawn Farrell, a member of the Board of Directors of Portland General Electric, announced her resignation to take on a new role as CEO of the Major Projects Office under the Canadian government. Her resignation, effective October 1, 2025, marks the end of her tenure since 2022, during which she contributed significantly to the Finance and Operations Committee and the Nominating, Governance and Sustainability Committee.

The most recent analyst rating on (POR) stock is a Buy with a $47.00 price target. To see the full list of analyst forecasts on Portland GE stock, see the POR Stock Forecast page.

Portland GE Files New Shelf Registration Statement

On July 25, 2025, Portland General Electric Company filed a new automatic shelf registration statement with the SEC, replacing the previous one from August 2022. This filing included a prospectus supplement for the offering of over 2.4 million shares under its Dividend Reinvestment and Direct Stock Purchase Plan, and an amendment to its equity distribution agreement, allowing for the sale of unsold shares under its at-the-market offering program.

The most recent analyst rating on (POR) stock is a Hold with a $46.00 price target. To see the full list of analyst forecasts on Portland GE stock, see the POR Stock Forecast page.