TXNM Energy, Inc. (TXNM)
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]
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 StatementsNews
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...
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 ...
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 ...
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.
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 ...
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 ...
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...
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 ...
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.
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...
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 ...
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...
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 ...
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...
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 ...
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 ...
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...
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...
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.
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.
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 (...
PNM Resources, Inc. (PNM) Q4 2023 Earnings Call Transcript
PNM Resources, Inc. (PNM) Q4 2023 Earnings Call Transcript
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...
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