PNM Resources, Inc. (PNM)

Market Cap	4.17B
Revenue (ttm)	2.25B
Net Income (ttm)	169.00M
Shares Out	85.83M
EPS (ttm)	1.97
PE Ratio	24.69
Forward PE	18.18
Dividend	$1.41 (2.90%)
Ex-Dividend Date	Feb 2, 2023

Volume	363,167
Open	48.56
Previous Close	48.46
Day's Range	48.38 - 48.75
52-Week Range	43.43 - 49.60
Beta	0.40
Analysts	Buy
Price Target	51.41 (+5.72%)
Earnings Date	Apr 26, 2023

About 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 generates electricity using coal, natural gas and oil, nuclear fuel, solar, wind, and geothermal energy sources. As of December 31, 2021, this segment had owned or leased facilities with a total net generation capacity of...

• Industry: Utilities - Regulated Electric
• Sector: Utilities
• Founded: 1917
• Employees: 1,646
• Stock Exchange: NYSE
• Ticker Symbol: PNM

Financial Performance

In 2022, PNM Resources's revenue was $2.25 billion, an increase of 26.39% compared to the previous year's $1.78 billion. Earnings were $169.00 million, a decrease of -13.47%.

Analyst Forecast

According to 10 analysts, the average rating for PNM stock is "Buy." The 12-month stock price forecast is $51.41, which is an increase of 5.72% from the latest price.

Price Target

$51.41

(5.72% upside)

Analyst Consensus: Buy