TXNM Energy, Inc. (TXNM)

NYSE: TXNM · Real-Time Price · USD
59.45
-0.02 (-0.04%)
May 22, 2026, 1:12 PM EDT - Market open
Market Cap6.58B +34.2%
Revenue (ttm)2.19B +8.5%
Net Income146.18M -28.3%
EPS1.36 -39.3%
Shares Out 110.71M
PE Ratio43.81
Forward PE19.33
Dividend$1.69 (2.84%)
Ex-Dividend DateApr 27, 2026
Volume328,784
Open59.44
Previous Close59.47
Day's Range59.38 - 59.47
52-Week Range56.17 - 59.52
Beta0.17
AnalystsHold
Price Target60.79 (+2.26%)
Earnings DateMay 1, 2026

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; 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 territory. It s... [Read more]

Sector Utilities
Founded 1917
Employees 1,755
Stock Exchange NYSE
Ticker Symbol TXNM
Full Company Profile

Financial Performance

In 2025, TXNM Energy's revenue was $2.17 billion, an increase of 9.86% compared to the previous year's $1.97 billion. Earnings were $151.36 million, a decrease of -37.49%.

Financial Statements

Analyst Summary

According to 6 analysts, the average rating for TXNM stock is "Hold." The 12-month stock price target is $60.79, which is an increase of 2.26% from the latest price.

Price Target
$60.79
(2.26% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Public Service Company of New Mexico Declares Preferred Dividend

ALBUQUERQUE, N.M., May 21, 2026 /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....

21 hours ago - PRNewsWire

TXNM Energy Earnings release: Q1 2026

TXNM Energy released its Q1 2026 earnings on May 1, 2026, summarizing the period's financial results.

21 days ago - Filings

TXNM Energy Quarterly report: Q1 2026

TXNM Energy has published its Q1 2026 quarterly earnings report on May 1, 2026.

21 days ago - Filings

TXNM Energy Reports First Quarter 2026 Results

2026 first quarter GAAP earnings of $0.03 per diluted share 2026 first quarter ongoing earnings of $0.21 per diluted share Updated 2026 - 2030 capital investment plan of $10.2 billion TXNM Energy (In ...

21 days ago - PRNewsWire

TXNM Energy Proxy statement: Proxy filing

TXNM Energy filed a proxy statement on April 28, 2026, providing details for shareholder voting and corporate governance matters.

24 days ago - Filings

TXNM Energy Annual report: Q4 2025

TXNM Energy has published its Q4 2025 annual report on February 27, 2026.

3 months ago - Filings

TXNM Energy Earnings release: Q4 2025

TXNM Energy released its Q4 2025 earnings on February 27, 2026, summarizing the period's financial results.

3 months ago - Filings

TXNM Energy Annual report: Q4 2025

TXNM Energy has published its Q4 2025 annual report on February 27, 2026.

3 months ago - Filings

TXNM Energy reports Q4 ongoing EPS 48c, consensus 64c

“PNM and TNMP continue to grow and we remain focused on meeting our customer needs across New Mexico and Texas, with TNMP supporting a 28% increase in system peak demand…

3 months ago - TheFly

TXNM Energy Reports 2025 Results, Transaction and Regulatory Updates

2025 GAAP earnings of $1.48 per diluted share 2025 Ongoing earnings per share of $2.33 Proposed transaction with Blackstone Infrastructure is progressing through the regulatory approval process       ...

3 months ago - PRNewsWire

TXNM Energy Board Declares Quarterly Common Stock Dividend

ALBUQUERQUE, N.M., Feb. 26, 2026 /PRNewswire/ -- At its regular meeting held today, the Board of Directors of TXNM Energy, Inc. (NYSE: TXNM) declared the regular quarterly dividend of $0.4225 per shar...

3 months ago - PRNewsWire

TXNM Energy gets FERC approval for $11.5 billion Blackstone deal

TXNM Energy on Friday said the U.S. Federal Energy Regulatory Commission (FERC) had authorized the company's acquisition by Blackstone Infrastructure.

Other symbols: BX
3 months ago - Reuters

FERC authorizes TXNM Energy acquisition by Blackstone Infrastructure

The Federal Energy Regulatory Commission authorized the application for TXNM Energy (TXNM) to be acquired by Blackstone Infrastructure (BX). The order states FERC finds the transaction consistent with...

Other symbols: BX
3 months ago - TheFly

FERC Authorizes TXNM Energy Acquisition by Blackstone Infrastructure, Finds Transaction Consistent with Public Interest

ALBUQUERQUE, N.M., Feb. 20, 2026 /PRNewswire/ -- Today, the Federal Energy Regulatory Commission (FERC) authorized the application for TXNM Energy (NYSE: TXNM) to be acquired by Blackstone Infrastruct...

3 months ago - PRNewsWire

Texas Commission approves TXNM Energy acquisition by Blackstone Infrastructure

The Public Utility Commission of Texas has approved a unanimous settlement filed in the application by Texas-New Mexico Power Company for TXNM Energy (TXNM), the parent company of TNMP, to…

Other symbols: BX
3 months ago - TheFly

Texas Commission Approves TXNM Energy Acquisition by Blackstone Infrastructure

ALBUQUERQUE, N.M., Feb. 6, 2026 /PRNewswire/ -- Today, the Public Utility Commission of Texas (PUCT) approved a unanimous settlement filed in the application by Texas-New Mexico Power Company (TNMP) f...

3 months ago - PRNewsWire

Parties in Texas Reach Unanimous Settlement for Approval of Blackstone Infrastructure Acquisition of TXNM Energy

ALBUQUERQUE, N.M. , Dec. 15, 2025 /PRNewswire/ -- Texas-New Mexico Power Company (TNMP), the Texas utility subsidiary of TXNM Energy (NYSE: TXNM), together with Blackstone Infrastructure have reached ...

5 months ago - PRNewsWire

TXNM Energy raises annual dividend 3.7% to $1.69 per share

At its regular meeting, the Board of Directors of TXNM Energy (TXNM) unanimously voted to increase the company’s annual dividend payment by 6c, a 3.7% increase, to an indicated annual…

6 months ago - TheFly

TXNM Energy Board Increases Annual Common Stock Dividend and Declares Quarterly Dividend Payment

ALBUQUERQUE, N.M., Dec. 2, 2025 /PRNewswire/ -- At its regular meeting held today, the Board of Directors of TXNM Energy, Inc. (NYSE: TXNM) unanimously voted to increase the company's annual dividend ...

6 months ago - PRNewsWire

TNMP Files Base Rate Review

ALBUQUERQUE, N.M. , Nov. 17, 2025 /PRNewswire/ -- TNMP, the wholly-owned subsidiary of TXNM Energy (NYSE: TXNM) in Texas, filed its anticipated base rate review on Friday.

6 months ago - PRNewsWire

TXNM Energy Quarterly report: Q3 2025

TXNM Energy has published its Q3 2025 quarterly earnings report on October 31, 2025.

7 months ago - Filings

TXNM Energy Earnings release: Q3 2025

TXNM Energy released its Q3 2025 earnings on October 31, 2025, summarizing the period's financial results.

7 months ago - Filings

TXNM Energy reports Q3 ongoing EPS $1.33, consensus $1.44

“Third quarter results incorporate the implementation of the first phase of approved rates in New Mexico and newly approved transmission recovery in Texas, along with additional equity issued during t...

7 months ago - TheFly

TXNM Energy Reports Third Quarter 2025 Results

2025 third quarter GAAP earnings of $1.22 per diluted share 2025 third quarter ongoing earnings of $1.33 per diluted share Proposed transaction with Blackstone Infrastructure approved by shareholders ...

7 months ago - PRNewsWire

TXNM Energy downgraded to Hold at Jefferies on merger approval confidence

As previously reported, Jefferies downgraded TXNM Energy (TXNM) to Hold from Buy with a price target of $61.25, up from $58, telling investors that the firm remains confident in merger…

7 months ago - TheFly