PNM Stock Overview
PNM Resources, Inc., through its subsidiaries, provides electricity and electric services in the United States.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 2/6 |
| Past Performance | 1/6 |
| Financial Health | 0/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
+ 1 more risk
PNM Resources, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$36.16 |
| 52 Week High | US$49.08 |
| 52 Week Low | US$34.63 |
| Beta | 0.36 |
| 1 Month Change | -1.47% |
| 3 Month Change | -0.88% |
| 1 Year Change | -26.11% |
| 3 Year Change | -27.10% |
| 5 Year Change | -18.81% |
| Change since IPO | 153.75% |
Recent News & Updates
PNM Resources: Medium Term Growth Potential But Less Financial Flexibility
Apr 07PNM Resources (NYSE:PNM) Is Due To Pay A Dividend Of $0.3875
Apr 03
Recent updates
PNM Resources: Medium Term Growth Potential But Less Financial Flexibility
Apr 07PNM Resources (NYSE:PNM) Is Due To Pay A Dividend Of $0.3875
Apr 03PNM Resources: No Merger, No Thank You
Jan 12PNM Resources (NYSE:PNM) Will Pay A Larger Dividend Than Last Year At $0.3875
Jan 02PNM Resources (NYSE:PNM) Will Pay A Larger Dividend Than Last Year At $0.3875
Dec 12Is PNM Resources (NYSE:PNM) Using Too Much Debt?
Dec 07Returns On Capital At PNM Resources (NYSE:PNM) Have Stalled
Oct 27PNM Resources: Exciting Initiatives Is Boosting The Bottom Line
Sep 30PNM Resources: Debate Hinges On Merger, Economic Value Absent Either Way
Sep 23Calculating The Fair Value Of PNM Resources, Inc. (NYSE:PNM)
Sep 18PNM Resources (NYSE:PNM) Has A Somewhat Strained Balance Sheet
Aug 23PNM Resources: High Valuation, Uncertain Backup Plan
Jun 14PNM Resources (NYSE:PNM) Ticks All The Boxes When It Comes To Earnings Growth
May 20Here's What To Make Of PNM Resources' (NYSE:PNM) Decelerating Rates Of Return
May 01PNM Resources' (NYSE:PNM) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 05PNM Resources beats FY top and bottom line estimates; narrows FY23 outlook
Feb 24PNM Resources cut to Neutral at Mizuho on likelihood of Avangrid deal close
Jan 09PNM Resources' (NYSE:PNM) Upcoming Dividend Will Be Larger Than Last Year's
Jan 02PNM Resources reports Q3 earnings beat; raises FY22 and reaffirms FY23 guidance
Nov 04PNM Resources declares $0.3475 dividend
Sep 16PNM Resources Non-GAAP EPS of $0.57 beats by $0.04, revenue of $499.73M beats by $54.37M, affirms FY earning guidance
Aug 04PNM Resources: Avangrid Merger Is Likely To Close
Jul 04PNM Resources: Renewables Path Uncertain But Don't Bet On Merger
Feb 08Avangrid-PNM merger deal wins OK from Nuclear Regulatory Commission
May 26PNM Resources reports Q1 results
Apr 30Does PNM Resources (NYSE:PNM) Have A Healthy Balance Sheet?
Mar 12Does PNM Resources' (NYSE:PNM) Statutory Profit Adequately Reflect Its Underlying Profit?
Feb 03PNM Resources, Inc. (NYSE:PNM) Delivered A Better ROE Than Its Industry
Dec 15
Shareholder Returns
| PNM | US Electric Utilities | US Market | |
|---|---|---|---|
| 7D | -3.4% | -3.0% | -3.1% |
| 1Y | -26.1% | -6.6% | 20.9% |
Return vs Industry: PNM underperformed the US Electric Utilities industry which returned -5.9% over the past year.
Return vs Market: PNM underperformed the US Market which returned 22.4% over the past year.
Price Volatility
| PNM volatility | |
|---|---|
| PNM Average Weekly Movement | 3.1% |
| Electric Utilities Industry Average Movement | 2.9% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in US Market | 16.7% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: PNM has not had significant price volatility in the past 3 months.
Volatility Over Time: PNM's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1882 | 1,635 | Pat Vincent-Collawn | www.pnmresources.com |
PNM Resources, Inc., through its subsidiaries, provides electricity and electric services in the United States. It operates through Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP) segments. The PNM segment engages in the generation, transmission, and distribution of electricity.
PNM Resources, Inc. Fundamentals Summary
| PNM fundamental statistics | |
|---|---|
| Market cap | US$3.27b |
| Earnings (TTM) | US$87.82m |
| Revenue (TTM) | US$1.94b |
37.1x
P/E Ratio1.7x
P/S RatioIs PNM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PNM income statement (TTM) | |
|---|---|
| Revenue | US$1.94b |
| Cost of Revenue | US$992.59m |
| Gross Profit | US$946.61m |
| Other Expenses | US$858.79m |
| Earnings | US$87.82m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
Apr 30, 2024
| Earnings per share (EPS) | 0.97 |
| Gross Margin | 48.81% |
| Net Profit Margin | 4.53% |
| Debt/Equity Ratio | 198.4% |
How did PNM perform over the long term?
See historical performance and comparisonDividends
4.3%
Current Dividend Yield146%
Payout RatioDoes PNM pay a reliable dividends?
See PNM dividend history and benchmarks| PNM Resources dividend dates | |
|---|---|
| Ex Dividend Date | Apr 25 2024 |
| Dividend Pay Date | May 10 2024 |
| Days until Ex dividend | 8 days |
| Days until Dividend pay date | 23 days |
Does PNM pay a reliable dividends?
See PNM dividend history and benchmarks