It’s Not Over Yet For Portland General Electric Co (NYSE: POR)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Most recently, Yahoo Finance reported about the stock as it publicized that Portland General Electric announces 2023 financial results and initiates 2024 earnings guidance.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

Portland General Electric Co is listed on the NYSE as a member of the Utilities sector and is a part of the Utilities – Regulated Electric industry. At the end of the last regular session, the stock closed at $41.47 and fluctuated between $41.67 as its day high and $40.99 as its day low. The current market capitalization of Portland General Electric Co is $4.19B. A total of 0.85 million shares were traded on the day, compared to an average of 1.02M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, POR has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 14 BUYs and 15 SELLs from insiders. Insiders purchased 95,398 shares during that period but sold 27,829.

In the most recent transaction, Mersereau Anne Frances sold 440 shares of POR for 40.03 per share on Feb 14. After the transaction, the Vice President now owns 9,269 company shares. In a previous transaction on Aug 25, Mersereau Anne Frances sold 10,891 shares at 44.16 per share. POR shares that Vice President owns now total 7,071.

Among the insiders who sold shares, Mersereau Anne Frances disposed of 1,071 shares on Aug 04 at a per-share price of $46.83. This resulted in the Vice President holding 17,962 shares of POR after the transaction. In another insider transaction, Kochavatr John Teeruk sold 3,000 shares at $51.12 per share on May 08. Company shares held by the Vice President, CIO now total 15,489.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Portland General Electric Co pays an annual dividend of $1.88, resulting in a dividend yield of 4.53%, and it has a price to earnings (P/E) ratio of 17.75. POR’s most recent ex-dividend date was 3/21/2024 when it declared a $0.4750 quarterly dividend that was paid in cash on 4/15/2024. Previously, the company paid the dividend on 1/15/2024 with an ex-dividend date of 12/22/2023. The POR stock dividend was $0.4750 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for POR in the last 3 months, the mean price target is $46.72 with high estimates of $60.00 and low estimates of $42.00. In terms of 52-week highs and lows, POR has a high of $51.58 and a low of $38.01.

As of this writing, POR has an earnings estimate of $0.99 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $1.15 per share and a lower estimate of $0.9.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. POR’s latest balance sheet shows that the firm has $52.00M in Cash & Short Term Investments as of fiscal 2021. There were $3.58B in debt and $768.00M in liabilities at the time. Its Book Value Per Share was $32.81, while its Total Shareholder’s Equity was $2.71B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 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 Buy with a score of 4.11.

Most Popular

Related Posts