After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Portland General Electric Company (POR) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $48.16. The Portland General Electric Company has recorded 101,025 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted PGE’s annual Environmental, Social and Governance (ESG) report highlights progress in 2022.
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Stocks Info
POR belongs to the Utilities sector of the NYSE while operating in the Utilities – Regulated Electric industry. At the end of the last regular session, the stock closed at $48.16 and fluctuated between $48.69 as its day high and $47.38 as its day low. The current market capitalization of Portland General Electric Company is $4.39B. A total of 1.23 million shares were traded on the day, compared to an average of 782.72K shares.
Insider Activity
Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, POR has seen 2 BUY and 2 SELL insider trades, representing the acquisition of 222 and the disposition of 2,225 shares. Over the last 12 months, there were 17 BUYs and 8 SELLs from insiders. Insiders purchased 45,510 shares during that period but sold 16,103.
In the most recent transaction, Sims Brett Michael sold 2,050 shares of POR for 47.00 per share on Mar 09. After the transaction, the Vice President now owns 10,978 company shares. In a previous transaction on Aug 10, Kochavatr John Teeruk sold 2,000 shares at 53.72 per share. POR shares that Vice President, CIO owns now total 14,112.
Among the insiders who bought shares, Farrell Dawn L acquired of 4,000 shares on May 26 at a per-share price of $48.52. This resulted in the Director holding 9,223 shares of POR after the transaction.
Dividend
Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Portland General Electric Company pays an annual dividend of $1.81, resulting in a dividend yield of 3.76%, and it has a price to earnings (P/E) ratio of 18.52. POR’s most recent ex-dividend date was 3/24/2023 when it declared a $0.4525 quarterly dividend that was paid in cash on 4/17/2023. Previously, the company paid the dividend on 1/17/2023 with an ex-dividend date of 12/23/2022. The POR stock dividend was $0.4520 per share in cash.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for POR in the last 3 months, the mean price target is $52.83 with high estimates of $60.00 and low estimates of $48.00. In terms of 52-week highs and lows, POR has a high of $57.03 and a low of $41.58.
As of this writing, POR has an earnings estimate of $0.64 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.7 per share and a lower estimate of $0.56. The company reported an EPS of $0.72 in the last quarter, which was 26.30% higher than expectations of $0.57.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information.
Analysts Opinion
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 8 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for POR is Overweight with a score of 3.67. A total of 3 analysts rated the stock as Buy while 0 rated it as Overweight while 5 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.
