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 Crypto Swap ProfitsURGENT: This Altcoin Opportunity Won’t Wait – Act NowCrypto has officially entered the "banana zone" – that wild phase where prices can 1000x in days. It happens like clockwork every 4 years, during the December to February window of a Bitcoin halving year. This is where fortunes are made – often LITERALLY overnight.>> Register for the Workshop Now 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… PNM Resources Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks74th Percentile Overall ScorePNM MarketRank™: PNM Resources scored higher than 74% of companies evaluated by MarketBeat, and ranked 48th out of 92 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 received no research coverage 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 113.09.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 95.91. 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 MediaN/ANews SentimentN/A 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 HeadlinesSolar and battery storage project opens in Bernalillo County for PNM customersDecember 5, 2024 | msn.comPNM Resources raises quarterly dividend by 5.2% to $0.4075/shareDecember 3, 2024 | msn.com70%, 80%, 90% Win Rates? Grab Your Free Cheatsheets Today!Would you like to know the historic win rate of every trade you take before you place it? Well, it’s all possible with these FIVE Candlestick Pattern Cheatsheets.December 25, 2024 | WealthPress (Ad)PNM files plans for increasing power generation in coming yearsNovember 30, 2024 | yahoo.comPNM reaches deal that could raise average monthly bill about $10; PRC must approve agreementNovember 27, 2024 | finance.yahoo.comPNM warns of potential scams during the holidaysNovember 26, 2024 | msn.comPNM just filed its energy plan for 2028. Find out what new energy resources the utility wants.November 26, 2024 | news.yahoo.comPNM Applies For 430 MW New Solar, Battery StorageNovember 25, 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 earnings results on Wednesday, July, 31st. The utilities provider reported $0.60 earnings per share for the quarter, topping analysts' consensus estimates of $0.55 by $0.05. The firm's revenue was up 2.3% compared to the same quarter last year. 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 Last Earnings7/31/2024Today12/25/2024Fiscal 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$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 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report This page (NYSE:PNM) was last updated on 12/25/2024 by MarketBeat.com Staff From Our PartnersAmazon coin set to soar 25X – starting December 16th?This tiny 3-cent crypto just partnered with one of the biggest companies in the world… Amazon. And one team...True Market Insiders | SponsoredDid You See Trump’s Bombshell Exec. Order 001?Biden broke it... Now Trump is going to fix it. Starting with "Exec. Order 001."Banyan Hill Publishing | Sponsored$2 Trillion Disappears Because of Fed's Secretive New Move$2 trillion has disappeared from the US government's books. The reason why is a new, secretive move being c...Stansberry Research | SponsoredThe #1 Crypto for AIWe’ve issued an urgent landmark trade alert for a new crypto wonder. So, I decided to give you this heads-u...Weiss Ratings | SponsoredElon Musk’s chilling warning for humanityThe 'invasion' I've discovered has nothing to do with the border crisis. What's happening at our southern bord...The Freeport Society | SponsoredCollect $7k per month from Tesla’s SECRET dividendTesla doesn't pay a traditional dividend.... But I just discovered a secret backdoor to collect a secret 69...Investors Alley | SponsoredMusk’s new company could top a trillion?The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just...Paradigm Press | SponsoredVladimir Lenin was right…The Magnificent 7 could be in for a world of pain… And the insiders know it. It’s why Jeff Bezos just sold ...Porter & Company | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding PNM Resources, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share PNM Resources With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.