POR Stock Analysis — Portland General Electric
Sector: Utilities
AI Verdict
POR looks cheap for the growth you're getting, but the value case depends entirely on delivering the expected earnings rebound that its regulated utility moat should help support.
Competitive Moat
Portland General Electric operates a regulated monopoly supplying electricity to the Portland, Oregon area, with exclusive rights to serve its geographic territory. This regulatory protection and high infrastructure costs create a durable barrier against new entrants.
Summary
POR is notable for a sharp expected earnings rebound, with forward EPS growth forecast at 35.6%.
Where It Stands
POR trades at 14.3x next year's earnings, a discount to the utility sector median of 18x, while analysts expect 35.6% EPS growth.
Key Metrics
- Trailing P/E: 19.4x
- Forward P/E: 14.3x
- PEG Ratio: 0.55
- Earnings Growth: +0.4%
- Revenue Growth: -0.0%
- Dividend Yield: 0.04%
- 52-Week High: $54.62
- 52-Week Low: $41.80
Analyst Consensus
2 Buy · 10 Hold · 7 Sell (19 analysts)
Bull Case
The combination of a 14.3x forward P/E and 35.6% expected EPS growth makes this cheap for the growth on offer.
Bear Case
If the forward P/E reverts to the sector median of 18x after a weaker-than-expected earnings rebound, upside would be limited, and at 19.4x trailing P/E, the stock is not immune to a pullback if growth misses.
Catalyst to Watch
Watch quarterly earnings updates for confirmation that the 35.6% EPS growth materializes, as any shortfall could quickly close the valuation gap.