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TXNM Energy, Inc. (TXNM)
NYSE: TXNM · Real-Time Price · USD
48.50
+0.84 (1.76%)
Nov 21, 2024, 1:23 PM EST - Market open

TXNM Energy Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for TXNM Energy stock have an average target of 47.75, with a low estimate of 46 and a high estimate of 50. The average target predicts a decrease of -1.55% from the current stock price of 48.50.

Analyst Consensus: Buy
Target Low Average Median High
Price $46 $47.75 $49 $50
Change -5.15% -1.55% +1.03% +3.09%
* Price targets were last updated on Oct 16, 2024.

Analyst Ratings

The average analyst rating for TXNM Energy stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Oct '24Nov '24
Strong Buy 11
Buy 22
Hold 11
Sell 00
Strong Sell 00
Total 44

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Jonathan Reeder
Wells Fargo
 Wells Fargo
Buy
Maintains
$46 → $49
 Buy Maintains $46 → $49 +1.03% Oct 16, 2024
Blayne Curtis
Barclays
 Barclays
Buy
Maintains
$45 → $46
 Buy Maintains $45 → $46 -5.15% Oct 15, 2024
Andrew Weisel
Scotiabank
 Scotiabank
Hold
Initiates
$46
 Hold Initiates $46 -5.15% Oct 10, 2024
Julien Dumoulin-Smith
Jefferies
 Jefferies
Strong Buy
Initiates
$50
 Strong Buy Initiates $50 +3.09% Oct 2, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
2.16B
from 1.94B
Increased by 11.59%
Revenue Next Year
2.26B
from 2.16B
Increased by 4.62%
EPS This Year
2.77
from 1.02
Increased by 171.90%
EPS Next Year
2.86
from 2.77
Increased by 3.46%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
1.46B1.52B1.78B2.25B1.94B2.16B2.26B2.38B
Revenue Growth
1.46%4.49%16.87%26.39%-13.80%11.59%4.62%5.12%
EPS
0.972.152.271.971.022.772.863.07
EPS Growth
-9.55%122.14%5.58%-13.28%-48.30%171.90%3.46%7.27%
Forward PE
-----17.5316.9415.79
No. Analysts -----121211
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 2.4B 2.5B 2.7B
Avg 2.2B 2.3B 2.4B
Low 1.8B 1.9B 2.0B

Revenue Growth

Revenue Growth 20242025202620272028
High
22.3%
16.0%
17.6%
Avg
11.6%
4.6%
5.1%
Low
-5.0%
-10.8%
-9.9%

EPS Forecast

EPS 20242025202620272028
High 2.90 2.99 3.21
Avg 2.77 2.86 3.07
Low 2.59 2.61 2.88

EPS Growth

EPS Growth 20242025202620272028
High
185.2%
8.2%
12.2%
Avg
171.9%
3.5%
7.3%
Low
154.2%
-5.8%
0.7%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.