BMO cuts target for Portland General Electric stock to USD 47
Published on 10/05/2026 at 09:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Portland General Electric (US7365088472) was trading at EUR 39.70 at Lang & Schwarz on October 5, 2026 at 9:00 a.m. CEST, plus 0.25 percent versus the EUR 39.60 prior close. On September 30, 2026, MarketBeat reported that BMO Capital Markets cut its price target from USD 52.00 to USD 47.00 while retaining a Market Perform rating.
BMO target falls to USD 47
The target reduction is the latest clear sign of caution in the analyst picture. BMO's new USD 47.00 target is USD 5.00 below the previous target, while the report also cited two Buy ratings and nine Hold ratings across its analyst coverage.
Portland General Electric's second-quarter 2026 revenue was USD 814.00 million, below the USD 839.75 million consensus cited by MarketBeat. Earnings per share were USD 0.64 versus USD 0.65 expected, a USD 0.01 shortfall, while revenue increased 0.90 percent from the year-earlier quarter.
Dividend supports the income case
MarketBeat reported that Portland General Electric declared a quarterly dividend of USD 0.5513, payable on October 15, 2026, to shareholders of record on September 25, 2026. The annualized payout was USD 2.21 per share and the cited dividend yield was 5.00 percent.
That income feature comes with a high payout ratio of 96.92 percent, also reported by MarketBeat. For investors, the key trade-off is visible in the combination of a large cash distribution and limited room for earnings misses.
Tariff filing adds a regulatory variable
On October 4, 2026, Simply Wall St reported that Portland General Electric filed an amendment updating its Open Access Transmission Tariff and a pro forma Network Operating Agreement. The filing is procedural, but tariff and interconnection decisions affect the utility's earnings framework and capital planning.
Stock snapshot at Lang and Schwarz
Portland General Electric stock was trading at EUR 39.70 at Lang & Schwarz on October 5, 2026 at 9:00 a.m. CEST, plus 0.25 percent versus the EUR 39.60 prior close. The primary listing is on the NYSE, while the latest market capitalization was USD 5.2 billion as of October 2, 2026 and the 52-week range was USD 43.15 to USD 54.62.
Portland General Electric stock facts
- Company: Portland General Electric Company
- ISIN: US7365088472
- Ticker: POR
- Primary exchange: NYSE
- Price Lang & Schwarz as of October 5, 2026, 9:00 a.m. CEST: EUR 39.70
- Change versus prior close: plus 0.25 percent
- Prior close Lang & Schwarz October 2, 2026: EUR 39.60
- Market capitalization: USD 5.2 billion as of October 2, 2026
- 52-week range: USD 43.15-54.62 as of October 2, 2026
- Sector / Industry: Utilities / Regulated Electric
