Investor’s Delight: Portland General Electric Co (POR) Closes Strong at 47.69, Up 1.99

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The closing price of Portland General Electric Co (NYSE: POR) was $47.69 for the day, up 1.99% from the previous closing price of $46.76. In other words, the price has increased by $1.99 from its previous closing price. On the day, 2.28 million shares were traded. POR stock price reached its highest trading level at $48.32 during the session, while it also had its lowest trading level at $46.54.

Ratios:

Our analysis of POR’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.09 and its Current Ratio is at 1.22. In the meantime, Its Debt-to-Equity ratio is 1.37 whereas as Long-Term Debt/Eq ratio is at 1.34.

On February 05, 2024, BofA Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $55 to $43.

UBS Upgraded its Neutral to Buy on January 29, 2024, whereas the target price for the stock was revised from $47 to $45.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 22 ’24 when Sims Brett Michael sold 963 shares for $45.03 per share. The transaction valued at 43,364 led to the insider holds 13,996 shares of the business.

POPE MARIA M sold 44,593 shares of POR for $1,995,537 on May 10 ’24. The President and CEO now owns 157,829 shares after completing the transaction at $44.75 per share. On May 07 ’24, another insider, Espinosa Maria Angelica, who serves as the SVP, Chief Legal & Compliance of the company, sold 2,000 shares for $44.30 each. As a result, the insider received 88,602 and left with 16,763 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, POR now has a Market Capitalization of 4913548288 and an Enterprise Value of 9478561792. As of this moment, Portland’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.27, and their Forward P/E ratio for the next fiscal year is 14.62. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.72 while its Price-to-Book (P/B) ratio in mrq is 1.42. Its current Enterprise Value per Revenue stands at 3.054 whereas that against EBITDA is 10.359.

Stock Price History:

The Beta on a monthly basis for POR is 0.60, which has changed by -0.0035520196 over the last 52 weeks, in comparison to a change of 0.19608545 over the same period for the S&P500. Over the past 52 weeks, POR has reached a high of $49.72, while it has fallen to a 52-week low of $38.01. The 50-Day Moving Average of the stock is 8.65%, while the 200-Day Moving Average is calculated to be 13.06%.

Shares Statistics:

POR traded an average of 959.77K shares per day over the past three months and 1142760 shares per day over the past ten days. A total of 103.03M shares are outstanding, with a floating share count of 102.51M. Insiders hold about 0.51% of the company’s shares, while institutions hold 102.22% stake in the company. Shares short for POR as of 1719532800 were 4651966 with a Short Ratio of 4.85, compared to 1717113600 on 4322234. Therefore, it implies a Short% of Shares Outstanding of 4651966 and a Short% of Float of 6.0300004.

Dividends & Splits

With its trailing 12-month dividend rate of 1.9, POR has a forward annual dividend rate of 1.93. Against a Trailing Annual Dividend Yield of 0.04063302The stock’s 5-year Average Dividend Yield is 3.62.

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