POR Stock Analysis — Portland General Electric
Sector: Utilities
AI Verdict
POR trades at a discount to utilities on next year's earnings despite much higher expected growth, so you're getting a low price if the regulated monopoly moat keeps earnings on track.
Competitive Moat
Portland General Electric operates as a regulated utility with exclusive rights to serve its geographic area, creating a local monopoly protected by state regulation. The capital-intensive nature of power generation and transmission, combined with regulatory barriers, makes it extremely difficult for new entrants to compete.
Summary
POR's forward P/E of 14.7x and projected 35.8% EPS growth make it unusually cheap for a utility if those earnings materialize.
Where It Stands
POR trades at 14.7x next year's earnings versus a utilities sector median of 18x, while analysts expect 35.8% EPS growth and trailing P/E is 20.0x.
Key Metrics
- Trailing P/E: 20.0x
- Forward P/E: 14.7x
- PEG Ratio: 0.56
- Earnings Growth: +0.4%
- Revenue Growth: +0.0%
- Dividend Yield: 0.04%
- 52-Week High: $54.62
- 52-Week Low: $39.73
Analyst Consensus
2 Buy · 10 Hold · 7 Sell (19 analysts)
Bull Case
With a forward P/E of 14.7x and consensus calling for 35.8% EPS growth, POR is cheap for the growth on offer compared to the typical utility.
Bear Case
If the forward P/E reverts to the sector median of 18x without delivering the 35.8% EPS growth, the stock could see little upside or even a pullback as expectations reset.
Catalyst to Watch
Watch for quarterly earnings — if actual EPS growth tracks the 35.8% forecast, the valuation gap could close quickly.