TXNM Energy, Inc. (TXNM)

NYSE: TXNM · Real-Time Price · USD
53.85
+0.28 (0.51%)
Mar 27, 2025, 3:19 PM EDT - Market open
0.51%
Market Cap 4.99B
Revenue (ttm) 1.97B
Net Income (ttm) 242.15M
Shares Out 92.66M
EPS (ttm) 2.67
PE Ratio 20.06
Forward PE 19.18
Dividend $1.63 (3.03%)
Ex-Dividend Date Apr 25, 2025
Volume 317,424
Open 53.84
Previous Close 53.57
Day's Range 53.44 - 53.95
52-Week Range 35.35 - 55.50
Beta 0.33
Analysts Buy
Price Target 53.57 (-0.51%)
Earnings Date Apr 29, 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 a decrease of -0.51% from the latest price.

Price Target
$53.57
(-0.51% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

1 day 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...

13 days 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 ...

14 days 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.

16 days 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...

17 days 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...

20 days 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...

4 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...

4 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...

4 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...

Other symbols: AESAPOGEPDFASTLWRNPVNQ
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...

2 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...

3 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...

4 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...

4 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...

4 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...

4 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...

4 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...

5 months ago - PRNewsWire

TNMP Receives Approval for Incremental Rate Base Recovery Applications

ALBUQUERQUE, N.M., Oct. 4, 2024 /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 r...

6 months ago - PRNewsWire

TXNM Energy to Announce 2024 Third Quarter Earnings on November 1

ALBUQUERQUE, N.M., Oct. 4, 2024 /PRNewswire/ -- TXNM Energy, Inc. will announce third quarter 2024 financial results prior to the market opening on Friday, November 1, 2024.

6 months ago - PRNewsWire

Bank of America Says These 5 Stocks Could Benefit from Rising Power Demand

Bank of America is predicting a big jump in electrical demand—with some power companies better-positioned to capitalize than others.

Other symbols: ETRNWEPNWSRE
6 months ago - Investopedia