PNM Resources/PNM
$38.48
0.65%-
1D1W1MYTD1YMAX
About PNM Resources
PNM Resources, Inc. is a holding company, which provides electric service to consumers in Texas-New Mexico Power Company’s (TNMP). service territories. The Company with its two regulated utilities serving approximately 824,000 residential, commercial, and industrial customers and end users of electricity in New Mexico and Texas. The Company’s electric utilities are Public Service Company of New Mexico (PNM), and TNMP. PNM is an electric utility, which provides electric generation, transmission, and distribution service to its rate-regulated customers. PNM’s retail electric service territory covers an area of north-central New Mexico, including the cities of Albuquerque, Rio Rancho and Santa Fe, and certain areas of southern New Mexico. Other services provided by PNM include wholesale transmission services to third parties. Other services provided by PNM include wholesale transmission services to third parties. TNMP provides transmission and distribution services in Texas.
Ticker
PNM
Sector
Utilities
Trading on
NYSE
Industry
Electric Utilities
CEO
Patricia Vincent-Collawn
Employees
1,600
Headquarters
Albuquerque, United States
Website
www.pnmresources.com
PNM Resources Metrics
BasicAdvanced
$3.4B
Market cap
41.84
P/E ratio
$0.91
EPS
0.38
Beta
$1.49
Dividend rate
4.08%
Dividend yield
Price and volume
Market cap
$3.4B
Beta
0.38148
52-week high
$46.94
52-week low
$34.63
Average daily volume
798K
Dividend rate
$1.49
Financial strength
Current ratio
0.368
Quick ratio
0.274
Long term debt to equity
184.659
Total debt to equity
207.332
Dividend payout ratio (TTM)
166.26%
Interest coverage (TTM)
1.92%
Management effectiveness
Return on assets (TTM)
0.99%
Return on equity (TTM)
3.5%
Return on investment (TTM)
1.13%
Valuation
Price to earnings (TTM)
41.843
Price to revenue (TTM)
1.869
Price to book
1.454
Price to tangible book (TTM)
1.64
Five year average dividend yield
2.79%
Dividend yield (TTM)
3.92%
Forward dividend yield
4.08%
Growth
Revenue change (TTM)
-22.03%
Earnings per share change (TTM)
-62.53%
3-year revenue growth
8.39%
3-year earnings per share growth
-22.11%
3-year dividend per share growth
6.12%
What the Analysts think about PNM Resources
Analyst Ratings
Majority rating from 7 analysts.
Price Targets
Average projection from 7 analysts.
High $55.00
Low $40.00
$38.48
Current price
$43.57
Average price target
PNM Resources Financial Performance
Income StatementBalance sheetCash Flow
Income Statement
Revenues and expenses
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$437M
5.99%
Net income
$47M
-194.6%
Profit margin
10.82%
-189.2%
PNM Resources Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.55
$1.54
$0.18
$0.41
-
Expected
$0.56
$1.38
$0.15
$0.40
$0.53
Surprise
-1.83%
11.74%
22.66%
3.38%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.
Upcoming events
FAQs
What’s the current market cap for PNM Resources stock?
PNM Resources (PNM) has a market cap of $3.4B as of May 17, 2024.
What is the P/E ratio for PNM Resources stock?
The price to earnings (P/E) ratio for PNM Resources (PNM) stock is 41.84 as of May 17, 2024.
Does PNM Resources stock pay dividends?
Yes, the PNM Resources (PNM) stock pays dividends to shareholders. As of May 17, 2024, the dividend rate is $1.49 and the yield is 4.08%. PNM Resources has a payout ratio of 166.26% on a trailing twelve-month basis.
When is the next PNM Resources dividend payment date?
The next PNM Resources (PNM) dividend payment date is unconfirmed.
What is the beta indicator for PNM Resources?
PNM Resources (PNM) has a beta rating of 0.38. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.
What is the PNM Resources stock price target?
The target price for PNM Resources (PNM) stock is $43.57, which is 13.23% above the current price of $38.48. This is an average based on projections from 7 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.
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