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TXNM Energy NYSE:TXNM Stock Report

Last Price

US$53.22

Market Cap

US$4.8b

7D

6.0%

1Y

41.0%

Updated

22 Feb, 2025

Data

Company Financials +

TXNM Energy, Inc.

NYSE:TXNM Stock Report

Market Cap: US$4.8b

TXNM Stock Overview

Through its subsidiaries, provides electricity and electric services in the United States. More details

TXNM fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance5/6
Financial Health0/6
Dividends4/6

Rewards

Price-To-Earnings ratio (19.8x) is below the Electric Utilities industry average (21x)

Earnings grew by 175.7% over the past year

Risk Analysis

Interest payments are not well covered by earnings

Dividend of 3.06% is not well covered by free cash flows


Community Narratives

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Narratives bring a range of perspectives from our community.

WA
Analyst Price Target
Consensus Narrative from 9 Analysts

Grid Modernization Investments Will Boost Operational Efficiency In The Future

Key Takeaways Customer-focused investments in grid modernization and energy projects are expected to drive significant earnings growth and efficiency gains. Transition plans away from coal and adopting sustainable practices could enhance public perception and customer base, supporting revenue growth and regulatory backing.
View narrative
US$52.39
FV
1.6% overvalued intrinsic discount
9.06%
Revenue growth p.a.
0users have liked this narrative
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1users have followed this narrative
24 days ago author updated this narrative

My Notes

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TXNM Energy, Inc. Competitors

ALLETE

NYSE:ALE

US$3.8b

Portland General Electric

NYSE:POR

US$4.9b

Otter Tail

NasdaqGS:OTTR

US$3.4b

MGE Energy

NasdaqGS:MGEE

US$3.3b

Price History & Performance

Summary of share price highs, lows and changes for TXNM Energy
Historical stock prices
Current Share PriceUS$53.22
52 Week HighUS$54.90
52 Week LowUS$35.36
Beta0.40
1 Month Change13.69%
3 Month Change9.08%
1 Year Change41.02%
3 Year Change18.45%
5 Year Change13.04%
Change since IPO273.47%

Recent News & Updates

Why We're Not Concerned About TXNM Energy, Inc.'s (NYSE:TXNM) Share Price

Feb 12
Why We're Not Concerned About TXNM Energy, Inc.'s (NYSE:TXNM) Share Price

TXNM Energy (NYSE:TXNM) Is Increasing Its Dividend To $0.4075

Jan 21
TXNM Energy (NYSE:TXNM) Is Increasing Its Dividend To $0.4075

Recent updates

Why We're Not Concerned About TXNM Energy, Inc.'s (NYSE:TXNM) Share Price

Feb 12
Why We're Not Concerned About TXNM Energy, Inc.'s (NYSE:TXNM) Share Price

TXNM Energy (NYSE:TXNM) Is Increasing Its Dividend To $0.4075

Jan 21
TXNM Energy (NYSE:TXNM) Is Increasing Its Dividend To $0.4075

TXNM Energy (NYSE:TXNM) Shareholders Will Want The ROCE Trajectory To Continue

Jan 04
TXNM Energy (NYSE:TXNM) Shareholders Will Want The ROCE Trajectory To Continue

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: Exciting Initiatives Is Boosting The Bottom Line

Sep 30

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

Sep 23

PNM Resources: High Valuation, Uncertain Backup Plan

Jun 14

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 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

Shareholder Returns

TXNMUS Electric UtilitiesUS Market
7D6.0%1.6%-2.2%
1Y41.0%29.6%18.3%

Return vs Industry: TXNM exceeded the US Electric Utilities industry which returned 29.6% over the past year.

Return vs Market: TXNM exceeded the US Market which returned 18.3% over the past year.

Price Volatility

Is TXNM's price volatile compared to industry and market?
TXNM volatility
TXNM Average Weekly Movement2.8%
Electric Utilities Industry Average Movement2.8%
Market Average Movement6.0%
10% most volatile stocks in US Market17.8%
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$4.80b
Earnings (TTM)US$242.15m
Revenue (TTM)US$1.97b

19.8x

P/E Ratio

2.4x

P/S Ratio

Is TXNM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TXNM income statement (TTM)
RevenueUS$1.97b
Cost of RevenueUS$776.11m
Gross ProfitUS$1.20b
Other ExpensesUS$952.93m
EarningsUS$242.15m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.68
Gross Margin60.63%
Net Profit Margin12.28%
Debt/Equity Ratio213.6%

How did TXNM perform over the long term?

See historical performance and comparison

Dividends

3.1%

Current Dividend Yield

79%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/22 04:34
End of Day Share Price 2025/02/21 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

TXNM Energy, Inc. is covered by 21 analysts. 4 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