TXNM Energy, Inc. (TXNM)

NYSE: TXNM · Real-Time Price · USD
56.51
-0.39 (-0.69%)
At close: May 28, 2025, 4:00 PM
56.51
0.00 (0.00%)
After-hours: May 28, 2025, 4:10 PM EDT
-0.69%
Market Cap 5.23B
Revenue (ttm) 2.02B
Net Income (ttm) 203.89M
Shares Out 92.66M
EPS (ttm) 2.24
PE Ratio 25.44
Forward PE 20.65
Dividend $1.63 (2.88%)
Ex-Dividend Date Apr 25, 2025
Volume 1,702,435
Open 56.88
Previous Close 56.90
Day's Range 56.44 - 57.04
52-Week Range 35.56 - 57.29
Beta 0.12
Analysts Buy
Price Target 54.86 (-2.9%)
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 $54.86, which is a decrease of -2.90% from the latest price.

Price Target
$54.86
(-2.90% downside)
Analyst Consensus: Buy
Stock Forecasts

News

TXNM ENERGY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of TXNM Energy, Inc. - TXNM

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of TXNM ...

6 days ago - Business Wire

Johnson Fistel Investigates Fairness of Proposed Sale of TXNM Energy, Inc.

SAN DIEGO, May 20, 2025 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP has launched an investigation into whether the board members of TXNM Energy, Inc. (NYSE: TXNM) breached their fiduciary duties in conne...

8 days ago - GlobeNewsWire

TXNM Energy Announces CFO Transition to Henry Monroy

ALBUQUERQUE, N.M., May 20, 2025 /PRNewswire/ -- TXNM Energy (NYSE: TXNM) announces Henry Monroy as its new Senior Vice President and Chief Financial Officer.

8 days ago - PRNewsWire

Blackstone Infrastructure to Buy TXNM Energy for $5.7 Billion

Asset manager Blackstone is expanding its flourishing infrastructure business with a deal to buy energy holding company TXNM Energy for nearly $5.7 billion in cash.

Other symbols: BX
9 days ago - WSJ

Blackstone to acquire TXNM Energy in $11.5 billion deal

Utility firm TXNM Energy said on Monday it would be acquired by the infrastructure unit of Blackstone in a $11.5 billion deal.

Other symbols: BX
9 days ago - Reuters

TXNM Energy Enters Agreement to be Acquired by Blackstone Infrastructure

Provides long-term infrastructure investment to support the continued build-out of PNM and TNMP in a rapidly changing energy environment, facilitating economic development during New Mexico's transiti...

9 days ago - PRNewsWire

PNM, TNMP Receive Rate Approvals

ALBUQUERQUE, N.M. , May 15, 2025 /PRNewswire/ -- PNM and TNMP, the wholly-owned subsidiaries of TXNM Energy (NYSE: TXNM), each received regulatory approvals today for pending rate recovery filings.

13 days ago - PRNewsWire

TXNM Energy Announces Executive Leadership Transition of Pat Collawn to Executive Chair, Don Tarry to CEO

ALBUQUERQUE, N.M. , May 14, 2025 /PRNewswire/ -- The Board of Directors of TXNM Energy (NYSE: TXNM) announced the transition of current Chief Executive Officer Pat Collawn to Executive Chair, effectiv...

14 days ago - PRNewsWire

Blackstone in talks to buy utility TXNM, source says

The infrastructure investing arm of asset manager Blackstone is in talks to buy New Mexico and Texas-focused utility TXNM Energy, a person familiar with the matter said on Monday.

Other symbols: BX
16 days ago - Reuters

TXNM Energy, Inc. (TXNM) Q1 2025 Earnings Call Transcript

TXNM Energy, Inc. (NYSE:TXNM) Q1 2025 Earnings Conference Call May 9, 2025 11:00 AM ET Company Participants Lisa Goodman - Investor Relations Pat Vincent-Collawn - Chairman & Chief Executive Officer ...

18 days ago - Seeking Alpha

TXNM Energy Reports First Quarter 2025 Results

2025 first quarter GAAP earnings of $0.10 per diluted share 2025 first quarter ongoing earnings of $0.19 per diluted share 2025 ongoing earnings guidance range of $2.74 - $2.84 per diluted share affir...

19 days ago - PRNewsWire

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 weeks 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.

6 weeks 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...

7 weeks 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...

2 months 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...

2 months 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 ...

2 months 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.

2 months 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...

2 months 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...

2 months 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...

3 months 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...

3 months 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...

3 months 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...

4 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...

4 months ago - PRNewsWire