TXNM Energy (TXNM) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $43.02 to $43.42
• 50-Day Range: N/A
• 52-Week Range: $34.63 to $45.10
• Volume: 104,333 shs
• Average Volume: 973,143 shs
• Market Capitalization: $3.91 billion
• P/E Ratio: 15.23
• Dividend Yield: 3.57%
• Price Target: N/A
• Consensus Rating: N/A

TXNM Stock Analysis - Frequently Asked Questions

How have TXNM shares performed this year?

TXNM Energy's stock was trading at $40.19 at the start of the year. Since then, TXNM shares have increased by 7.0% and is now trading at $43.01.
View the best growth stocks for 2024 here.

How were TXNM Energy's earnings last quarter?

TXNM Energy, Inc. (NYSE:TXNM) announced its quarterly earnings data on Wednesday, July, 31st. The company reported $0.60 EPS for the quarter, beating analysts' consensus estimates of $0.55 by $0.05. The company earned $488.10 million during the quarter, compared to analysts' expectations of $506.98 million. TXNM Energy had a net margin of 4.50% and a trailing twelve-month return on equity of 10.06%.

How do I buy shares of TXNM Energy?

Shares of TXNM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Last Earnings: 7/31/2024
• Today: 9/17/2024
• Next Earnings (Estimated): 10/25/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Electric services
• Sub-Industry: N/A
• Current Symbol: NYSE:TXNM
• CUSIP: N/A
• CIK: 1108426
• Web: www.pnmresources.com
• Phone: (505) 241-2700
• Fax: 505-241-4311
• Employees: 1,635
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: 15.23
• Forward P/E Ratio: 15.81
• P/E Growth: 6.03
• Net Income: $88.35 million
• Net Margins: 4.50%
• Pretax Margin: 3.34%
• Return on Equity: 10.06%
• Return on Assets: 2.33%

Debt

• Debt-to-Equity Ratio: 1.88
• Current Ratio: 0.47
• Quick Ratio: 0.37

Sales & Book Value

• Annual Sales: $1.84 billion
• Price / Sales: 2.11
• Cash Flow: $6.85 per share
• Price / Cash Flow: 6.28
• Book Value: $26.60 per share
• Price / Book: 1.62

Miscellaneous

• Outstanding Shares: 90,200,000
• Free Float: N/A
• Market Cap: $3.88 billion
• Optionable: Optionable
• Beta: 0.36