Portland General Electric Co (POR) Stock AnalysisPORStock AnalysisPortland General Electric Co

Portland General Electric Company is an integrated energy company that generates, transmits and distributes electricity. The Company is engaged in the generation, wholesale purchase and sale, transmission, distribution, and retail sale of electricity to customers in the state of Oregon (State). The Company participates in the wholesale market through the purchase and sale of electricity and natural gas in an effort to obtain reasonably-priced power to serve its retail customers. The Company meets its retail load requirement with both Company-owned generation and power purchased on the wholesale market. The Company has five natural gas-fired generating facilities: PW1, PW2, Beaver, Coyote Springs Unit 1 (Coyote Springs), and Carty Generating Station (Carty). It owns and operates two wind farms, Biglow Canyon Wind Farm (Biglow Canyon) and Tucannon River Wind Farm (Tucannon River). Biglow Canyon is located in Sherman County, Oregon. Tucannon River is located in southeastern Washington. It operates in the Utilities sector (ELECTRIC SERVICES industry).

Portland General Electric Co is currently a hold. The stock is priced at $49.60, with a forward P/E of 13.93, indicating potential value. However, the RSI is at 41.45, suggesting it is nearing oversold territory but not quite there yet. The recent earnings report showed a miss on EPS expectations, which could dampen investor sentiment. Additionally, insider selling has increased by 210.90%, which raises concerns about insider confidence. The main risk is the earnings guidance of $3.33 to $3.53, which is below the consensus estimate of $3.39.

9 analysts cover POR: 0 rate it Buy, 6 Hold and 3 Sell. The average price target is 46.70.