Why Fundamental Investors Might Love Portland General Electric Company (NYSE:POR)

As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health to their future outlook. In the case of Portland General Electric Company (NYSE:POR), it is a dependable dividend payer that has been a rockstar for income investors, currently trading at an attractive share price. Below is a brief commentary on these key aspects. For those interested in digger a bit deeper into my commentary, read the full report on Portland General Electric here.

Established dividend payer and good value

POR’s shares are now trading at a price below its true value based on its discounted cash flows, indicating a relatively pessimistic market sentiment. According to my intrinsic value of the stock, which is driven by analyst consensus forecast of POR’s earnings, investors now have the opportunity to buy into the stock to reap capital gains. Also, relative to the rest of its peers with similar levels of earnings, POR’s share price is trading below the group’s average. This bolsters the proposition that POR’s price is currently discounted.

NYSE:POR Intrinsic value, February 28th 2019
NYSE:POR Intrinsic value, February 28th 2019

Income investors would also be happy to know that POR is a great dividend company, with a current yield standing at 2.9%. POR has also been regularly increasing its dividend payments to shareholders over the past decade.

NYSE:POR Historical Dividend Yield, February 28th 2019
NYSE:POR Historical Dividend Yield, February 28th 2019

Next Steps:

For Portland General Electric, I’ve compiled three key aspects you should further examine:

  1. Future Outlook: What are well-informed industry analysts predicting for POR’s future growth? Take a look at our free research report of analyst consensus for POR’s outlook.
  2. Historical Performance: What has POR’s returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of POR? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.