TXNM Energy, Inc. (TXNM)

NYSE: TXNM · Real-Time Price · USD
43.12
0.00 (0.00%)
Sep 26, 2024, 4:00 PM EDT - Market closed
0.00%
Market Cap 3.89B
Revenue (ttm) 1.84B
Net Income (ttm) 82.74M
Shares Out 90.20M
EPS (ttm) 0.93
PE Ratio 46.12
Forward PE 14.85
Dividend $1.55 (3.60%)
Ex-Dividend Date Jul 26, 2024
Volume 572,855
Open 43.22
Previous Close 43.12
Day's Range 43.00 - 43.36
52-Week Range 34.63 - 44.87
Beta 0.36
Analysts n/a
Price Target n/a
Earnings Date Oct 25, 2024

About TXNM

TXNM Energy, 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, ... [Read more]

Sector Utilities
Founded 1917
Employees 1,635
Stock Exchange NYSE
Ticker Symbol TXNM
Full Company Profile

Financial Performance

In 2023, TXNM Energy's revenue was $1.94 billion, a decrease of -13.80% compared to the previous year's $2.25 billion. Earnings were $87.82 million, a decrease of -48.20%.

Financial numbers in USD Financial Statements

News

TXNM Energy Board Declares Quarterly Common Stock Dividend

ALBUQUERQUE, N.M. , Sept. 24, 2024 /PRNewswire/ -- At its regular meeting held today, the Board of Directors of TXNM Energy, Inc. (NYSE: TXNM) declared the regular quarterly dividend of $0.3875 per sh...

2 days ago - PRNewsWire

Public Service Company of New Mexico Declares Preferred Dividend

ALBUQUERQUE, N.M. , Sept. 11, 2024 /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 ...

15 days ago - PRNewsWire

TNMP Files 2025 - 2027 System Resiliency Plan

ALBUQUERQUE, N.M., Aug. 29, 2024 /PRNewswire/ -- TNMP, the Texas subsidiary of TXNM Energy, Inc. (NYSE: TXNM), filed its first System Resiliency Plan (SRP) with the Public Utility Commission of Texas ...

4 weeks ago - PRNewsWire

TXNM Energy (NYSE: TXNM) Completes Name Change from PNM Resources

ALBUQUERQUE, N.M., Aug. 5, 2024 /PRNewswire/ -- TXNM Energy, Inc. (NYSE: TXNM) has completed its holding company name change, effective as of 5:00pm ET on August 2, 2024.

7 weeks ago - PRNewsWire

PNM Resources, Inc. (PNM) Q2 2024 Earnings Call Transcript

PNM Resources, Inc. (NYSE:PNM) Q2 2024 Earnings Conference Call July 31, 2024 11:00 AM ET Company Participants Lisa Goodman - IR Pat Vincent-Collawn - Chairman & CEO Don Tarry - President & COO Lisa ...

2 months ago - Seeking Alpha

PNM Resources Reports Second Quarter 2024 Results

2024 Ongoing Earnings Guidance Affirmed 2024 second quarter GAAP earnings of $0.53 per diluted share 2024 second quarter ongoing earnings of $0.60 per diluted share Affirmed ongoing earnings guidance ...

2 months ago - PRNewsWire

PNM Resources (NYSE: PNM) Transitions to TXNM Energy (NYSE: TXNM) with Trading Effective on August 5

ALBUQUERQUE, N.M. , July 22, 2024 /PRNewswire/ -- PNM Resources, Inc. (NYSE: PNM) is expecting to complete the change of its holding company name to TXNM Energy, Inc. (NYSE: TXNM), effective at 5:00pm...

2 months ago - PRNewsWire

PNM Resources Board Declares Quarterly Common Stock Dividend

ALBUQUERQUE, N.M., July 16, 2024 /PRNewswire/ -- At its regular meeting held today, the Board of Directors of PNM Resources (NYSE: PNM) declared the regular quarterly dividend of $0.3875 per share on ...

2 months ago - PRNewsWire

PNM Resources to Announce 2024 Second Quarter Earnings on July 31

ALBUQUERQUE, N.M., July 8, 2024 /PRNewswire/ -- PNM Resources will announce second quarter 2024 financial results prior to the market opening on Wednesday, July 31, 2024.

2 months ago - PRNewsWire

PNM Files 2025 Rate Request

Phased-In Rate Path Proposed to Mitigate Customer Impact ALBUQUERQUE, N.M., June 14, 2024 /PRNewswire/ -- Public Service Company of New Mexico (PNM), wholly-owned subsidiary of PNM Resources, Inc. (NY...

3 months ago - PRNewsWire

TNMP Receives Approval for Distribution Investment Recovery

ALBUQUERQUE, N.M., June 14, 2024 /PRNewswire/ -- The Public Utility Commission of Texas (PUCT) approved the application from Texas-New Mexico Power Company (TNMP), the Texas utility subsidiary of PNM ...

3 months ago - PRNewsWire

PNM Resources Closes Offering of $500 Million 5.75% Junior Subordinated Convertible Notes due 2054

ALBUQUERQUE, N.M. , June 10, 2024 /PRNewswire/ -- PNM Resources (NYSE: PNM) today announced the closing of its offering of $500,000,000 aggregate principal amount of 5.75% junior subordinated converti...

3 months ago - PRNewsWire

PNM Resources Announces Pricing of $500 Million of 5.75% Junior Subordinated Convertible Notes due 2054

ALBUQUERQUE, N.M. , June 4, 2024 /PRNewswire/ -- PNM Resources (NYSE: PNM) today announced the pricing of $500,000,000 in aggregate principal amount of its 5.75% junior subordinated convertible notes ...

4 months ago - PRNewsWire

PNM Resources Management to Meet with Investors

2024 ongoing earnings guidance to be affirmed during meetings  ALBUQUERQUE, N.M., June 4, 2024 /PRNewswire/ -- PNM Resources (NYSE: PNM) management will meet with analysts and investors this week at t...

4 months ago - PRNewsWire

PNM Resources Announces Offering of Junior Subordinated Convertible Notes due 2054

ALBUQUERQUE, N.M. , June 3, 2024 /PRNewswire/ -- PNM Resources (NYSE: PNM) today announced that it intends to offer, subject to market and other conditions, $500,000,000 in aggregate principal amount ...

4 months ago - PRNewsWire

NMPRC Approves New PNM Energy Resources for 2026

ALBUQUERQUE, N.M., May 31, 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 ...

4 months ago - PRNewsWire

PNM Resources Reports First Quarter 2024 Results

2024 Ongoing Earnings Guidance Affirmed 2024 first quarter GAAP earnings of $0.52 per diluted share 2024 first quarter ongoing earnings of $0.41 per diluted share Affirmed ongoing earnings guidance ra...

5 months ago - PRNewsWire

PNM Resources: Medium Term Growth Potential But Less Financial Flexibility

PNM Resources has medium term EPS growth potential given its expected growth in its regulated rate base. Given PNM Resources has fairly high leverage, the company doesn't have as much financial flexib...

6 months ago - Seeking Alpha

PNM Resources to Announce 2024 First Quarter Earnings on April 30

ALBUQUERQUE, N.M., April 4, 2024 /PRNewswire/ -- PNM Resources will announce first quarter 2024 financial results prior to the market opening on Tuesday, April 30, 2024.

6 months ago - PRNewsWire

PNM Resources Management to Meet with Investors 2024 ongoing earnings guidance to be affirmed during meetings

ALBUQUERQUE, N.M., March 4, 2024 /PRNewswire/ -- PNM Resources (NYSE: PNM) management will meet with analysts and investors this week at the Bank of America conference in New York City.

7 months ago - PRNewsWire

PNM Resources Completes Sale of Renewable Joint Venture

ALBUQUERQUE, N.M. , Feb. 27, 2024 /PRNewswire/ -- PNM Resources (NYSE: PNM) has completed the sale of its 50% ownership interest in its renewable joint venture, New Mexico Renewable Development, LLC (...

7 months ago - PRNewsWire

PNM Resources, Inc. (PNM) Q4 2023 Earnings Call Transcript

PNM Resources, Inc. (PNM) Q4 2023 Earnings Call Transcript

8 months ago - Seeking Alpha

PNM Resources Reports 2023 Results and Introduces 2024 Earnings Guidance

Conference call at 11 a.m. Eastern today 2023 GAAP earnings of $1.02 per diluted share 2023 ongoing earnings of $2.82 per diluted share 2024 ongoing earnings guidance range of $2.65 - $2.75 per dilute...

8 months ago - PRNewsWire

9 Upcoming Dividend Increases

The article provides a list of upcoming dividend increases from companies with a consistent dividend growth history.

8 months ago - Seeking Alpha

Top 2 Utilities Stocks That Could Blast Off In January - Middlesex Water (NASDAQ:MSEX), PNM Resources (NYSE:PNM)

The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.

Other symbols: MSEX
9 months ago - Benzinga