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, four wind farms, and seven hydroelectric facilities. As of December 31, 2024, the company owned an electric transmission system consisting of 1,269 circuit miles, including 287 circuit miles of 500 kilovolt line, 418 circuit miles of 230 kilovolt line, and 564 miles of 115 kilovolt line; and served 950 thousand retail customers in 51 cities. It also has 29,398 circuit miles of distribution lines. Portland General Electric Company was founded in 1889 and is headquartered in Portland, Oregon.
Renewable Ambitions | Portland General Electric's $1.5 billion CapEx plan aims for 12-13% growth rate, focusing on renewable energy and high-tech industrial load expansion |
Regulatory Hurdles | Unresolved 2024 rate case in Oregon introduces uncertainty, with potential impacts on cost recovery and future investment strategies |
Financial Outlook | EPS estimates for FY1 and FY2 at $3.09 and $3.24 respectively, with recent downward revisions reflecting updated equity needs and spending considerations |
Market Perception | POR trades at a 6.5% P/E discount to small-cap peers for 2026, with analyst price targets ranging up to $49, reflecting mixed market sentiment |
Metrics to compare | POR | Sector Sector - Average of metrics from a broad group of related Utilities sector companies | Relationship RelationshipPORPeersSector | |
---|---|---|---|---|
P/E Ratio | 14.4x | 22.6x | 12.1x | |
PEG Ratio | 0.52 | −7.15 | 0.02 | |
Price/Book | 1.2x | 2.2x | 1.3x | |
Price / LTM Sales | 1.3x | 3.9x | 1.5x | |
Upside (Analyst Target) | 10.5% | 6.3% | 15.5% | |
Fair Value Upside | Unlock | −12.0% | 5.1% | Unlock |