TXNM Energy, Inc. (TXNM)

NYSE: TXNM · Real-Time Price · USD
52.78
+0.21 (0.40%)
Apr 17, 2025, 4:00 PM EDT - Market closed
0.40%
Market Cap 4.89B
Revenue (ttm) 1.97B
Net Income (ttm) 242.15M
Shares Out 92.66M
EPS (ttm) 2.67
PE Ratio 19.77
Forward PE 18.90
Dividend $1.63 (3.09%)
Ex-Dividend Date Apr 25, 2025
Volume 934,280
Open 52.88
Previous Close 52.57
Day's Range 52.88 - 53.90
52-Week Range 35.35 - 55.50
Beta 0.15
Analysts Buy
Price Target 53.57 (+1.5%)
Earnings Date May 9, 2025

About TXNM

TXNM Energy, Inc., through its subsidiaries, provides electricity and electric services in the United States. The company engages in the generation, transmission, and distribution of electricity for retail electric customers in New Mexico; and owns and leases communications, office and other equipment, office space, vehicles, energy storage facilities, and real estate. It also provides regulated transmission and distribution services in Texas, as well as owns and leases vehicles, service facilities, and office locations throughout its service t... [Read more]

Sector Utilities
Founded 1917
Employees 1,695
Stock Exchange NYSE
Ticker Symbol TXNM
Full Company Profile

Financial Performance

In 2024, TXNM Energy's revenue was $1.97 billion, an increase of 1.65% compared to the previous year's $1.94 billion. Earnings were $242.15 million, an increase of 175.75%.

Financial numbers in USD Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for TXNM stock is "Buy." The 12-month stock price forecast is $53.57, which is an increase of 1.50% from the latest price.

Price Target
$53.57
(1.50% upside)
Analyst Consensus: Buy
Stock Forecasts

News

TXNM Energy: Profit From Positive Demographics And Data Center Expansion

TXNM Energy, Inc., formerly PNM Resources, serves 825,000 customers in Texas and New Mexico, with New Mexico being the larger market. The company plans to invest $7.8 billion in infrastructure, focusi...

6 days ago - Seeking Alpha

TXNM Energy to Announce 2025 First Quarter Earnings on May 9

ALBUQUERQUE, N.M. , April 10, 2025 /PRNewswire/ -- TXNM Energy, Inc. will announce first quarter 2025 financial results prior to the market opening on  Friday, May 9, 2025.

7 days ago - PRNewsWire

Recommendation to Approve Unopposed Stipulation in PNM 2025 Rate Request

ALBUQUERQUE, N.M. , April 9, 2025 /PRNewswire/ -- The Hearing Examiners of the New Mexico Public Regulation Commission (NMPRC) issued a Certification of Stipulation recommending approval of the unoppo...

8 days ago - PRNewsWire

Approval of TNMP application for incremental rate base recovery

ALBUQUERQUE, N.M., March 26, 2025 /PRNewswire/ -- TNMP, the wholly-owned Texas subsidiary of TXNM Energy, Inc. (NYSE: TXNM) received approval from the Public Utility Commission of Texas (PUCT) for its...

22 days ago - PRNewsWire

TNMP System Resiliency Plan Approved

ALBUQUERQUE, N.M., March 13, 2025 /PRNewswire/ -- Today, the Public Utility Commission of Texas (PUCT) approved the 2025-2027 System Resiliency Plan filed by TNMP, a wholly-owned subsidiary of TXNM En...

5 weeks ago - PRNewsWire

PNM and parties file Unopposed Stipulation in 2028 Resource Application

ALBUQUERQUE, N.M., March 13, 2025 /PRNewswire/ -- PNM, a wholly-owned subsidiary of TXNM Energy (NYSE: TXNM), and intervening parties in its 2028 Resource Application filed an unopposed comprehensive ...

5 weeks ago - PRNewsWire

TXNM explores sale after getting takeover interest, Bloomberg News reports

TXNM Energy is exploring a sale after receiving takeover interest from a potential suitor, Bloomberg News reported on Monday, citing people familiar with the matter.

5 weeks ago - Reuters

TXNM Energy to Meet with Investors

2025 ongoing earnings guidance to be affirmed during meetings  ALBUQUERQUE, N.M., March 10, 2025 /PRNewswire/ -- TXNM Energy, Inc. (NYSE: TXNM) management will meet with analysts and investors this we...

5 weeks ago - PRNewsWire

Public Service Company of New Mexico Declares Preferred Dividend

ALBUQUERQUE, N.M., March 6, 2025 /PRNewswire/ -- The Board of Directors of Public Service Company of New Mexico, a subsidiary of TXNM Energy (NYSE: TXNM), declared the regular quarterly dividend of $1...

6 weeks ago - PRNewsWire

TXNM Energy Board Declares Quarterly Common Stock Dividend

ALBUQUERQUE, N.M. , Feb. 25, 2025 /PRNewswire/ -- At its regular meeting held today, the Board of Directors of TXNM Energy, Inc. (NYSE: TXNM) declared the regular quarterly dividend of $0.4075 per sha...

7 weeks ago - PRNewsWire

TXNM Energy, Inc. (TXNM) Q4 2024 Earnings Call Transcript

TXNM Energy, Inc. (NYSE:TXNM) Q4 2024 Earnings Conference Call February 21, 2025 11:00 AM ET Company Participants Lisa Goodman - Investor Relations Pat Vincent-Collawn - Chairman & Chief Executive Of...

7 weeks ago - Seeking Alpha

TXNM Energy reports 2024 earnings, increases investment plan and earnings growth targets

2024 GAAP earnings of $2.67 per diluted share, ongoing earnings of $2.74 per diluted share achieves guidance expectation 2025 ongoing earnings guidance range introduced at $2.74 - $2.84 per diluted sh...

7 weeks ago - PRNewsWire

6 Upcoming Dividend Increases

This week's anticipated dividend increases feature six companies, averaging a 4.4% rise, with a median increase of 3.4%. My strategy involves investing in companies with consistent dividend growth and...

2 months ago - Seeking Alpha

TXNM Energy to Announce 2024 Earnings and 2025 Guidance on February 21

ALBUQUERQUE, N.M. , Jan. 21, 2025 /PRNewswire/ -- TXNM Energy, Inc. will announce 2024 financial results and introduce 2025 ongoing earnings guidance prior to the market opening on Friday, February 21...

3 months ago - PRNewsWire

PNM issues all-source RFP for new resources in 2029-2032

ALBUQUERQUE, N.M. , Dec. 31, 2024 /PRNewswire/ -- PNM, a wholly-owned subsidiary of TXNM Energy (NYSE: TXNM), has issued a Request for Proposals (RFP) for at least 900 megawatts of new energy resource...

3 months ago - PRNewsWire

TNMP files Unopposed Settlement in System Resiliency Plan

ALBUQUERQUE, N.M. , Dec. 12, 2024 /PRNewswire/ -- TNMP, a wholly-owned subsidiary of TXNM Energy (NYSE: TXNM), filed an unopposed settlement yesterday in its application with the Public Utility Commis...

4 months ago - PRNewsWire

TXNM Energy Increases Common Dividend

TXNM Energy and Public Service Company of New Mexico Declare Quarterly Dividends ALBUQUERQUE, N.M., Dec. 3, 2024 /PRNewswire/ -- The Board of Directors of TXNM Energy (NYSE: TXNM) today voted to incre...

4 months ago - PRNewsWire

PNM and parties file Unopposed Stipulation in 2025 Rate Request

ALBUQUERQUE, N.M. , Nov. 26, 2024 /PRNewswire/ -- PNM, a wholly-owned subsidiary of TXNM Energy (NYSE: TXNM), and parties in its 2025 Rate Request application filed an unopposed comprehensive stipulat...

5 months ago - PRNewsWire

PNM files application for new resources in 2028

ALBUQUERQUE, N.M., Nov. 25, 2024 /PRNewswire/ -- PNM, a wholly-owned subsidiary of TXNM Energy (NYSE: TXNM), filed an application with the New Mexico Public Regulation Commission (NMPRC) for new energ...

5 months ago - PRNewsWire

TNMP reaches Settlement in Principle in System Resiliency Plan

ALBUQUERQUE, N.M., Nov. 19, 2024 /PRNewswire/ -- TNMP, a wholly-owned subsidiary of TXNM Energy (NYSE: TXNM), filed an unopposed joint motion yesterday to abate the procedural schedule in its System R...

5 months ago - PRNewsWire

PNM reaches Settlement in Principle in 2025 Rate Request

ALBUQUERQUE, N.M., Nov. 15, 2024 /PRNewswire/ -- PNM, a wholly-owned subsidiary of TXNM Energy (NYSE: TXNM), filed a joint notice with the New Mexico Public Regulation Commission (NMPRC) indicating se...

5 months ago - PRNewsWire

PNM announces plan to join CAISO EDAM regional energy market

ALBUQUERQUE, N.M. , Nov. 11, 2024 /PRNewswire/ -- In a continued effort to enhance reliability and economic benefits to customers, Public Service Company of New Mexico (PNM), a wholly-owned subsidiary...

5 months ago - PRNewsWire

TXNM Energy, Inc. (TXNM) Q3 2024 Earnings Call Transcript

TXNM Energy, Inc. (NYSE:TXNM) Q3 2024 Earnings Conference Call November 1, 2024 11:00 AM ET Company Participants Lisa Goodman – Investor Relations Pat Vincent-Collawn – Chairman and Chief Executive O...

5 months ago - Seeking Alpha

TXNM Energy Reports Third Quarter 2024 Results

2024 Ongoing Earnings Guidance Narrowed 2024 third quarter GAAP earnings of $1.45 per diluted share 2024 third quarter ongoing earnings of $1.43 per diluted share Narrowed 2024 ongoing earnings guidan...

5 months ago - PRNewsWire

NMPRC approves PNM Grid Modernization Plan

ALBUQUERQUE, N.M., Oct. 17, 2024 /PRNewswire/ -- The New Mexico Public Regulation Commission (NMPRC) approved an application by Public Service Company of New Mexico (PNM), a wholly-owned subsidiary of...

6 months ago - PRNewsWire