Notice: This company has been marked as potentially delisted and may not be actively trading. NYSE:PNM PNM Resources (PNM) Stock Price, News & Analysis Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsDividendEarningsHeadlinesOwnershipShort InterestSustainabilityTrends About PNM Resources Stock (NYSE:PNM) 30 days 90 days 365 days Advanced Chart Ad Paradigm PressEx WH Advisor Who Predicted Biden Leaving Race Makes Startling New PredictionFormer advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.Click here to see it because it’s a SHOCKER… Get PNM Resources alerts:Sign Up Key Stats 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$42.50Consensus RatingModerate Buy Company OverviewPNM 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… Ex WH Advisor Who Predicted Biden Leaving Race Makes Startling New Prediction (Ad)Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.Click here to see it because it’s a SHOCKER… PNM Resources Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks69th Percentile Overall ScorePNM MarketRank™: PNM Resources scored higher than 69% of companies evaluated by MarketBeat, and ranked 60th out of 95 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.3 / 5Analyst RatingModerate Buy Consensus RatingPNM Resources has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoveragePNM Resources has only been the subject of 1 research reports in the past 90 days.Read more about PNM Resources' stock forecast and price target. Earnings and Valuation1.9 / 5Proj. Earnings Growth3.68% 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 126.22.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 101.04. Short InterestN/AShort Interest LevelN/A Short InterestThere is no current short interest data available for PNM. Dividend4.2 / 5Dividend StrengthStrong 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. Sustainability and ESG1.3 / 5Environmental Score-5.89 Short InterestThere is no current short interest data available for PNM. News and Social Media0.6 / 5News Sentiment0.34 News Coverage This WeekMarketBeat has tracked 5 news articles for PNM Resources this week, compared to 4 articles on an average week. Company Ownership1.7 / 5Insider TradingN/A 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. 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 PNM Stock News HeadlinesMeow Wolf aims to be a place of belonging for allOctober 29 at 12:33 AM | bizjournals.comBill Miera wants tech to serve mankiindOctober 26 at 4:50 AM | bizjournals.comThe real reason Elon is fully endorsing TrumpElon Musk is one of mankind’s greatest innovators. But for all his visionary prowess and contributions to humanity, there is a war being waged on Elon Musk. This war has nothing to do with X, Elon’s stance on immigration or his support for Donald Trump. October 29, 2024 | Porter & Company (Ad)Syncronys inspires employees through this strategic advantageOctober 25, 2024 | bizjournals.comPat Vincent-Collawn uses a diversity lens in all of PNM's affairsOctober 25, 2024 | bizjournals.comTXNM Energy (TXNM) Receives a Rating Update from a Top AnalystOctober 25, 2024 | markets.businessinsider.comPNM holds demonstrations to promote safety among employeesOctober 18, 2024 | msn.comWells Fargo Sticks to Their Buy Rating for TXNM Energy (TXNM)October 17, 2024 | markets.businessinsider.comSee More Headlines PNM Stock Analysis - Frequently Asked Questions How were PNM Resources' earnings last quarter? PNM Resources, Inc. (NYSE:PNM) issued its quarterly earnings results on Wednesday, July, 31st. The utilities provider reported $0.60 EPS for the quarter, topping analysts' consensus estimates of $0.55 by $0.05. PNM Resources's revenue was up 2.3% on a year-over-year basis. 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 JPMorgan Chase & Co. (JPM), Tesla (TSLA), Meta Platforms (META), NVIDIA (NVDA), Advanced Micro Devices (AMD), Visa (V) and Home Depot (HD). Company Calendar Ex-Dividend for 8/9 Dividend7/26/2024Last Earnings7/31/2024Dividend Payable8/09/2024Today10/29/2024Fiscal 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$42.50 High Stock Price Target$46.00 Low Stock Price Target$38.00 Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 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 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.Get This Free Report This page (NYSE:PNM) was last updated on 10/29/2024 by MarketBeat.com Staff From Our Partnerstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. 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