NYSE:PNM PNM Resources (PNM) Stock Price, News & Analysis Notice: This company has been marked as potentially delisted and may not be actively trading. Add Compare Share Share Today's Range N/A50-Day Range$35.65▼$42.1952-Week Range N/AVolume512,300 shsAverage Volume1.07 million shsMarket Capitalization$3.77 billionP/E Ratio45.90Dividend Yield3.67%Price Target$44.20 Stock AnalysisStock AnalysisAnalyst ForecastsDividendEarningsHeadlinesOwnershipShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsDividendEarningsHeadlinesOwnershipShort InterestSustainabilityTrends Get PNM Resources alerts: Email Address PNM Resources MarketRank™ Stock AnalysisAnalyst RatingHold2.40 Rating ScoreUpside/Downside∞ Upside$44.20 Price TargetShort InterestN/ADividend StrengthStrongBased on Four FactorsSustainability-5.89Upright™ Environmental ScoreNews Sentiment0.34Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth3.68%From $2.72 to $2.82 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.33 out of 5 starsUtilities Sector52nd out of 93 stocksElectric Services Industry25th out of 46 stocks 3.2 Analyst's Opinion Consensus RatingPNM Resources has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoveragePNM Resources has only been the subject of 2 research reports in the past 90 days.Read more about PNM Resources' stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for PNM. Previous Next 4.2 Dividend Strength Dividend LeadershipPNM Resources is a leading dividend payer. It pays a dividend yield of 3.67%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPNM Resources has been increasing its dividend for 13 years.Dividend CoverageThe dividend payout ratio of PNM Resources is 170.33%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, PNM Resources will have a dividend payout ratio of 54.96% next year. This indicates that PNM Resources will be able to sustain or increase its dividend.Read more about PNM Resources' dividend. Previous Next 1.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePNM Resources has received a -37.30% net impact score from Upright. The largest negative impact of Pnm Resources in category "GHG emissions" seems to be driven mostly by its "Electricity produced with coal", "Electricity produced with crude oil", and "Electricity distribution services of electricity produced with fossil fuels" products. See details.Environmental SustainabilityThe Environmental Impact score for PNM Resources is -5.89. Previous Next 1.9 News and Social Media Coverage News SentimentPNM Resources has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 3 news articles for PNM Resources this week, compared to 4 articles on an average week.Search Interest3 people have searched for PNM on MarketBeat in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, PNM Resources insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.36% of the stock of PNM Resources is held by insiders.Percentage Held by Institutions91.68% of the stock of PNM Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about PNM Resources' insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for PNM Resources are expected to grow by 3.68% in the coming year, from $2.72 to $2.82 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of PNM Resources is 45.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.71.Price to Earnings Ratio vs. SectorThe P/E ratio of PNM Resources is 45.90, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 89.11.Read more about PNM Resources' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Deal MakerThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.Learn more about this much-needed advancement and investment opportunity here. About PNM Resources Stock (NYSE:PNM)PNM Resources, Inc., through its subsidiaries, provides electricity and electric services in the United States. It operates through Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP) segments. The PNM segment engages in the generation, transmission, and distribution of electricity. The segment owns and leases communications, office and other equipment, office space, vehicles, and real estate. It generates electricity using coal, natural gas and oil, and nuclear fuel and waste, as well as solar, wind, geothermal, and battery storage energy sources. The TNMP segment provides regulated transmission and distribution services. The segment also owns and leases vehicles, service facilities, and office locations throughout its service territory. The company serves residential, commercial, and industrial customers and end-users of electricity in New Mexico and Texas. PNM Resources, Inc. was founded in 1882 and is based in Albuquerque, New Mexico.Read More Ad Deal MakerThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.Learn more about this much-needed advancement and investment opportunity here. PNM Stock News HeadlinesSeptember 4 at 2:37 AM | americanbankingnews.comPNM Resources (NYSE:PNM) Coverage Initiated by Analysts at StockNews.comSeptember 3, 2024 | americanbankingnews.comPNM Resources (NYSE:PNM) Stock Crosses Above 200 Day Moving Average of $37.71September 7, 2024 | Sasco Gold LLC (Ad)Say Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." I believe the American people deserve to control the fate of their own life savings which is why I had my team put together our latest guide to protect your hard-earned wealth before it's too late... August 31, 2024 | markets.businessinsider.comBank of America Securities Keeps Their Buy Rating on TXNM Energy (TXNM)August 28, 2024 | americanbankingnews.comPNM Resources (NYSE:PNM) Coverage Initiated at StockNews.comAugust 13, 2024 | barrons.comPacific Nickel Mines Ltd.August 9, 2024 | fortune.comTXNM EnergyAugust 6, 2024 | finance.yahoo.comTXNM Energy (NYSE: TXNM) Completes Name Change from PNM ResourcesSeptember 7, 2024 | Sasco Gold LLC (Ad)Say Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." I believe the American people deserve to control the fate of their own life savings which is why I had my team put together our latest guide to protect your hard-earned wealth before it's too late... August 2, 2024 | msn.comIberdrola to buy UK's Electricity North West in $5.4 billion dealAugust 1, 2024 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Utilities Companies: WEC Energy Group (WEC), Spire (SR) and Pnm Resources (PNM)August 1, 2024 | markets.businessinsider.comBuy Rating Affirmed for PNM Resources Amid Strong Earnings and Growth ProspectsAugust 1, 2024 | seekingalpha.comPNM Resources, Inc. (PNM) Q2 2024 Earnings Call TranscriptJuly 31, 2024 | seekingalpha.comPNM Resources, Inc. 2024 Q2 - Results - Earnings Call PresentationJuly 31, 2024 | finanznachrichten.dePNM Resources, Inc.: PNM Resources Reports Second Quarter 2024 ResultsJuly 31, 2024 | markets.businessinsider.comPNM Resources earnings: here's what Wall Street expectsJuly 31, 2024 | markets.businessinsider.comPNM Resources Inc. Q2 Profit Beats EstimatesJuly 31, 2024 | msn.comPNM Resources Q2 2024 Earnings PreviewSee More Headlines Receive PNM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for PNM Resources and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 8/9 Dividend7/26/2024Last Earnings7/31/2024Dividend Payable8/09/2024Today9/07/2024Next Earnings (Estimated)10/25/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorUtilities Industry Electric services Sub-IndustryElectric Utilities Current SymbolNYSE:PNM CUSIP69349H10 CIK1108426 Webwww.pnmresources.com Phone(505) 241-2700Fax505-241-4311Employees1,635Year Founded1917Price Target and Rating Average Stock Price Target$44.20 High Stock Price Target$51.00 Low Stock Price Target$38.00 Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.91 Trailing P/E Ratio45.90 Forward P/E RatioN/A P/E GrowthN/ANet Income$88.35 million Net Margins4.50% Pretax Margin3.34% Return on Equity10.15% Return on Assets2.36% Debt Debt-to-Equity Ratio1.81 Current Ratio0.37 Quick Ratio0.27 Sales & Book Value Annual Sales$1.84 billion Price / Sales0.00 Cash FlowN/A Price / Cash Flow6.37 Book Value$26.60 per share Price / BookN/AMiscellaneous Outstanding Shares90,200,000Free Float88,973,000Market Cap$3.77 billion OptionableOptionable Beta0.35 Social Links The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.Get This Free Report Key ExecutivesMs. Patricia K. Vincent-Collawn (Age 65)Chairman & CEO Comp: $3.67MMr. Joseph D. Tarry (Age 54)President & COO Comp: $1.49MMs. Elisabeth A. Eden (Age 57)Senior VP & CFO Comp: $954.29kMr. Patrick V. Apodaca (Age 72)Senior VP, General Counsel & Secretary Comp: $1.01MMr. Gerald Robert Bischoff (Age 45)Principal Accounting Officer, VP & Corporate Controller Ms. Sheila MendezVP & Chief Information OfficerMs. Lisa GoodmanExecutive Director of Investor RelationsMs. Rebecca R. TeagueVice President of Human ResourcesMs. Sabrina GreinelVP & TreasurerMore ExecutivesKey CompetitorsPinnacle West CapitalNYSE:PNWOGE EnergyNYSE:OGEIDACORPNYSE:IDAPortland General ElectricNYSE:PORALLETENYSE:ALEView All CompetitorsInstitutional OwnershipPoint72 Asset Management L.P.Sold 839,074 shares on 8/19/2024Ownership: 1.127%ProShare Advisors LLCSold 34,647 shares on 8/14/2024Ownership: 0.207%Sagefield Capital LPBought 41,021 shares on 8/14/2024Ownership: 0.128%Public Sector Pension Investment BoardSold 92,000 shares on 8/14/2024Ownership: 0.104%Murchinson Ltd.Sold 37,500 shares on 8/14/2024Ownership: 0.042%View All Institutional Transactions PNM Stock Analysis - Frequently Asked Questions How were PNM Resources' earnings last quarter? PNM Resources, Inc. (NYSE:PNM) released its earnings results on Wednesday, July, 31st. The utilities provider reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.05. The firm's revenue for the quarter was up 2.3% compared to the same quarter last year. What is Patricia K. (Pat) Vincent-Collawn's approval rating as PNM Resources' CEO? 18 employees have rated PNM Resources Chief Executive Officer Patricia K. (Pat) Vincent-Collawn on Glassdoor.com. Patricia K. (Pat) Vincent-Collawn has an approval rating of 45% among the company's employees. This puts Patricia K. (Pat) Vincent-Collawn in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. Who are PNM Resources' major shareholders? Top institutional investors of PNM Resources include Bank of New York Mellon Corp (1.67%), Gabelli Funds LLC (1.17%), Point72 Asset Management L.P. (1.13%) and Victory Capital Management Inc. (0.80%). View institutional ownership trends. What other stocks do shareholders of PNM Resources own? Based on aggregate information from My MarketBeat watchlists, some other companies that PNM Resources investors own include AbbVie (ABBV), PepsiCo (PEP), Altria Group (MO), Pfizer (PFE), AT&T (T), Exxon Mobil (XOM) and Abbott Laboratories (ABT). This page (NYSE:PNM) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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