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PNM Resources, Inc. (PNM)

Stock Price: $44.79 USD 0.47 (1.05%)
Updated Aug 10, 2020 11:01 AM EDT - Market open

Stock Price Chart

Key Info

Market Cap 3.57B
Revenue (ttm) 1.47B
Net Income (ttm) 177.07M
Shares Out 79.65M
EPS (ttm) 2.21
PE Ratio 20.26
Forward PE 19.49
Dividend $1.23
Dividend Yield 2.75%

Stock Quote

Trading Day Aug 10, 2020
Last Price $44.79
Previous Close $44.32
Change ($) 0.47
Change (%) 1.05%
Day's Open 44.52
Day's Range 44.24 - 45.02
Day's Volume 123,904
52-Week Range 27.08 - 56.14

More Stats

Market Cap 3.57B
Enterprise Value 7.15B
Earnings Date (est) Oct 30, 2020
Ex-Dividend Date Aug 6, 2020
Shares Outstanding 79.65M
Float 78.70M
EPS (basic) 2.22
EPS (diluted) 2.21
FCF / Share -2.13
Dividend $1.23
Dividend Yield 2.75%
Earnings Yield 4.93%
FCF Yield n/a
Payout Ratio 53.80%
Shares Short 4.39M
Short Ratio 9.90
Short % of Float 7.35%
Beta 0.57
PE Ratio 20.26
Forward PE 19.49
P/FCF Ratio n/a
PS Ratio 2.43
PB Ratio 1.98
Revenue 1.47B
Operating Income 389.29M
Net Income 177.07M
Free Cash Flow -169.92M
Net Cash -3.58B
Net Cash / Share -45.00
Gross Margin 56.66%
Operating Margin 26.50%
Profit Margin 12.00%
FCF Margin -11.57%
ROA 2.69%
ROE 11.14%
ROIC 3.40%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (8)

Buy 5
Overweight 0
Hold 3
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$46.00*
(2.71% upside)
Low
44.0
Current: $44.79
High
49.0
Target: 46.00
*Average 12-month price target from 7 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue1,4581,4371,4451,3631,4391,4361,3881,3421,7011,674
Revenue Growth1.46%-0.58%6.02%-5.29%0.22%3.45%3.39%-21.06%1.62%-
Gross Profit822808823760726711715697763719
Operating Income214312387351194366357345348303
Net Income77.3685.6479.8711715.64116101106176-44.69
Shares Outstanding79.6579.6579.6579.6579.6579.6579.6579.6586.6786.67
Earnings Per Share0.971.071.001.460.201.451.251.311.96-0.49
EPS Growth-9.35%7%-31.51%630%-86.21%16%-4.58%-33.16%--
Dividend Per Share1.161.060.970.880.800.740.640.560.500.50
Dividend Growth9.43%9.05%10.45%10%8.11%15.63%14.29%12%0%-
Operating Cash Flow503428523408387415387281292287
Capital Expenditures-616-501-500-600-559-461-348-309-327-281
Free Cash Flow-113-72.9923.00-192-172-45.7838.55-27.56-34.695.86
Cash & Equivalents3.832.127.5542.8846.0528.272.538.9915.0915.40
Total Debt3,3272,9062,7432,6802,3432,0681,8951,8311,7571,788
Net Cash / Debt-3,324-2,904-2,735-2,637-2,296-2,040-1,892-1,822-1,742-1,772
Assets7,2996,8666,6466,4716,0095,7905,5005,3735,2055,225
Liabilities5,5455,1014,8734,7154,2723,9843,7383,6723,5373,492
Book Value1,6791,6881,6951,6761,6551,7221,6741,6081,5741,537
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name PNM Resources, Inc.
Country United States
Employees 1,668
CEO Patricia K. Vincent-Collawn

Stock Information

Ticker Symbol PNM
Stock Exchange New York Stock Exchange
Sector Utilities
Industry Utilities—Regulated Electric
Unique Identifier NYSE: PNM

Description

PNM Resources, Inc., through its subsidiaries, engages in the energy and energy-related businesses 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 is primarily involved in the generation, transmission, and distribution of electricity. It generates electricity using coal, natural gas and oil, nuclear fuel, solar, wind, and geothermal energy sources. As of December 31, 2018, this segment had owned or leased facilities with a total net generation capacity of 2,102 megawatts; and owned 3,206 miles of electric transmission lines, 6,067 miles of distribution overhead lines, 5,885 miles of underground distribution lines, and 255 substations. It also owns and leases office and other equipment, office space, vehicles, and real estate. The TNMP segment provides regulated transmission and distribution services. As of December 31, 2018, this segment owned 997 miles of overhead electric transmission lines, 7,151 miles of overhead distribution lines, 1,260 miles of underground distribution lines, and 122 substations. It also owns and leases vehicles, service facilities, and office locations throughout its service territory. The company serves approximately 782,000 residential, commercial, and industrial customers, as well as end-users of electricity in New Mexico and Texas. PNM Resources, Inc. was founded in 1917 and is headquartered in Albuquerque, New Mexico.