company background image
TXNM logo

TXNM Energy NYSE:TXNM Stock Report

Last Price

US$47.51

Market Cap

US$4.4b

7D

-1.6%

1Y

12.1%

Updated

18 Dec, 2024

Data

Company Financials +

My Notes

Capture your thoughts, links and company narrative

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

TXNM Energy, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for TXNM Energy
Historical stock prices
Current Share PriceUS$47.51
52 Week HighUS$50.28
52 Week LowUS$34.63
Beta0.40
1 Month Change0.40%
3 Month Change10.41%
1 Year Change12.05%
3 Year Change5.65%
5 Year Change-5.23%
Change since IPO233.40%

Recent News & Updates

A Look At The Fair Value Of TXNM Energy, Inc. (NYSE:TXNM)

Dec 11
A Look At The Fair Value Of TXNM Energy, Inc. (NYSE:TXNM)

Recent updates

A Look At The Fair Value Of TXNM Energy, Inc. (NYSE:TXNM)

Dec 11
A Look At The Fair Value Of TXNM Energy, Inc. (NYSE:TXNM)

Investors Still Waiting For A Pull Back In TXNM Energy, Inc. (NYSE:TXNM)

Oct 25
Investors Still Waiting For A Pull Back In TXNM Energy, Inc. (NYSE:TXNM)

TXNM Energy's (NYSE:TXNM) Returns On Capital Are Heading Higher

Oct 01
TXNM Energy's (NYSE:TXNM) Returns On Capital Are Heading Higher

PNM Resources, Inc. (NYSE:PNM) Not Lagging Market On Growth Or Pricing

Jun 23
PNM Resources, Inc. (NYSE:PNM) Not Lagging Market On Growth Or Pricing

PNM Resources (NYSE:PNM) Has Announced A Dividend Of $0.3875

Apr 19
PNM Resources (NYSE:PNM) Has Announced A Dividend Of $0.3875

PNM Resources: Medium Term Growth Potential But Less Financial Flexibility

Apr 07

PNM Resources (NYSE:PNM) Is Due To Pay A Dividend Of $0.3875

Apr 03
PNM Resources (NYSE:PNM) Is Due To Pay A Dividend Of $0.3875

PNM Resources: No Merger, No Thank You

Jan 12

PNM Resources (NYSE:PNM) Will Pay A Larger Dividend Than Last Year At $0.3875

Jan 02
PNM Resources (NYSE:PNM) Will Pay A Larger Dividend Than Last Year At $0.3875

PNM Resources (NYSE:PNM) Will Pay A Larger Dividend Than Last Year At $0.3875

Dec 12
PNM Resources (NYSE:PNM) Will Pay A Larger Dividend Than Last Year At $0.3875

Is PNM Resources (NYSE:PNM) Using Too Much Debt?

Dec 07
Is PNM Resources (NYSE:PNM) Using Too Much Debt?

Returns On Capital At PNM Resources (NYSE:PNM) Have Stalled

Oct 27
Returns On Capital At PNM Resources (NYSE:PNM) Have Stalled

PNM Resources: Exciting Initiatives Is Boosting The Bottom Line

Sep 30

PNM Resources: Debate Hinges On Merger, Economic Value Absent Either Way

Sep 23

Calculating The Fair Value Of PNM Resources, Inc. (NYSE:PNM)

Sep 18
Calculating The Fair Value Of PNM Resources, Inc. (NYSE:PNM)

PNM Resources (NYSE:PNM) Has A Somewhat Strained Balance Sheet

Aug 23
PNM Resources (NYSE:PNM) Has A Somewhat Strained Balance Sheet

PNM Resources: High Valuation, Uncertain Backup Plan

Jun 14

PNM Resources (NYSE:PNM) Ticks All The Boxes When It Comes To Earnings Growth

May 20
PNM Resources (NYSE:PNM) Ticks All The Boxes When It Comes To Earnings Growth

Here's What To Make Of PNM Resources' (NYSE:PNM) Decelerating Rates Of Return

May 01
Here's What To Make Of PNM Resources' (NYSE:PNM) Decelerating Rates Of Return

PNM Resources' (NYSE:PNM) Shareholders Will Receive A Bigger Dividend Than Last Year

Apr 05
PNM Resources' (NYSE:PNM) Shareholders Will Receive A Bigger Dividend Than Last Year

PNM Resources beats FY top and bottom line estimates; narrows FY23 outlook

Feb 24

PNM Resources cut to Neutral at Mizuho on likelihood of Avangrid deal close

Jan 09

PNM Resources' (NYSE:PNM) Upcoming Dividend Will Be Larger Than Last Year's

Jan 02
PNM Resources' (NYSE:PNM) Upcoming Dividend Will Be Larger Than Last Year's

PNM Resources reports Q3 earnings beat; raises FY22 and reaffirms FY23 guidance

Nov 04

PNM Resources declares $0.3475 dividend

Sep 16

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

Aug 04

PNM Resources: Avangrid Merger Is Likely To Close

Jul 04

Shareholder Returns

TXNMUS Electric UtilitiesUS Market
7D-1.6%-1.8%0.1%
1Y12.1%19.6%26.1%

Return vs Industry: TXNM underperformed the US Electric Utilities industry which returned 19.6% over the past year.

Return vs Market: TXNM underperformed the US Market which returned 26.1% over the past year.

Price Volatility

Is TXNM's price volatile compared to industry and market?
TXNM volatility
TXNM Average Weekly Movement2.5%
Electric Utilities Industry Average Movement2.6%
Market Average Movement6.3%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.1%

Stable Share Price: TXNM has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: TXNM's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18821,635Pat Vincent-Collawnwww.txnmenergy.com

TXNM Energy, 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.

TXNM Energy, Inc. Fundamentals Summary

How do TXNM Energy's earnings and revenue compare to its market cap?
TXNM fundamental statistics
Market capUS$4.37b
Earnings (TTM)US$176.21m
Revenue (TTM)US$1.91b

24.3x

P/E Ratio

2.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TXNM income statement (TTM)
RevenueUS$1.91b
Cost of RevenueUS$792.51m
Gross ProfitUS$1.11b
Other ExpensesUS$937.63m
EarningsUS$176.21m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.95
Gross Margin58.43%
Net Profit Margin9.24%
Debt/Equity Ratio213.6%

How did TXNM perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

79%

Payout Ratio

Does TXNM pay a reliable dividends?

See TXNM dividend history and benchmarks
When do you need to buy TXNM by to receive an upcoming dividend?
TXNM Energy dividend dates
Ex Dividend DateJan 31 2025
Dividend Pay DateFeb 14 2025
Days until Ex dividend43 days
Days until Dividend pay date57 days

Does TXNM pay a reliable dividends?

See TXNM dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 00:09
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

TXNM Energy, Inc. is covered by 23 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gary HovisArgus Research Company
David ParkerBaird
Daniel FordBarclays