TXNM Energy, Inc. (TXNM)
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]
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 StatementsAnalyst 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.
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 ...

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...

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.

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.

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.

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...

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.

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...

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.

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 ...

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...

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...

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.

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...

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...

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...

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 ...

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.

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...

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...

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...

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...

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...

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...

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...