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PNM

PNM Resources NYSE:PNM Stock Report

Last Price

US$48.37

Market Cap

US$4.2b

7D

0.8%

1Y

-0.4%

Updated

18 Aug, 2022

Data

Company Financials +
PNM fundamental analysis
Snowflake Score
Valuation0/6
Future Growth1/6
Past Performance1/6
Financial Health1/6
Dividends4/6

PNM Stock Overview

PNM Resources, Inc., through its subsidiaries, provides electricity and electric services in the United States.

PNM Resources, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for PNM Resources
Historical stock prices
Current Share PriceUS$48.37
52 Week HighUS$50.11
52 Week LowUS$43.43
Beta0.41
1 Month Change2.07%
3 Month Change4.34%
1 Year Change-0.43%
3 Year Change-5.23%
5 Year Change14.08%
Change since IPO400.38%

Recent News & Updates

Aug 04

PNM Resources Non-GAAP EPS of $0.57 beats by $0.04, revenue of $499.73M beats by $54.37M, affirms FY earning guidance

PNM Resources press release (NYSE:PNM): Q2 Non-GAAP EPS of $0.57 beats by $0.04. Revenue of $499.73M (+17.2% Y/Y) beats by $54.37M. Affirmed ongoing earnings guidance ranges of $2.50 - $2.60 for 2022  vs consensus $2.56 and $2.60 - $2.75 for 2023  vs consensus $2.67

Shareholder Returns

PNMUS Electric UtilitiesUS Market
7D0.8%2.5%1.4%
1Y-0.4%8.4%-8.4%

Return vs Industry: PNM underperformed the US Electric Utilities industry which returned 8.5% over the past year.

Return vs Market: PNM exceeded the US Market which returned -9% over the past year.

Price Volatility

Is PNM's price volatile compared to industry and market?
PNM volatility
PNM Average Weekly Movement2.0%
Electric Utilities Industry Average Movement3.4%
Market Average Movement7.6%
10% most volatile stocks in US Market17.1%
10% least volatile stocks in US Market3.1%

Stable Share Price: PNM is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: PNM's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18821,646Pat Vincent-Collawnhttps://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

How do PNM Resources's earnings and revenue compare to its market cap?
PNM fundamental statistics
Market CapUS$4.15b
Earnings (TTM)US$155.89m
Revenue (TTM)US$1.93b

26.6x

P/E Ratio

2.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PNM income statement (TTM)
RevenueUS$1.93b
Cost of RevenueUS$971.24m
Gross ProfitUS$961.24m
Other ExpensesUS$805.34m
EarningsUS$155.89m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.82
Gross Margin49.74%
Net Profit Margin8.07%
Debt/Equity Ratio186.6%

How did PNM perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

76%

Payout Ratio