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    PNM Resources, Inc. (PNM)

    Price:

    41.77 USD

    ( - -0.44 USD)

    Your position:

    0 USD

    ACTION PANEL
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    ABOUT
    Symbol
    PNM
    Name
    PNM Resources, Inc.
    Industry
    Regulated Electric
    Sector
    Utilities
    Price
    41.770
    Market Cap
    3.768B
    Enterprise value
    Currency
    USD
    Ceo
    Patricia K. Vincent-Collawn
    Full Time Employees
    1635
    Ipo Date
    1984-08-10
    City
    Albuquerque
    Address
    414 Silver Avenue SW

    Check the

    KEY TAKEAWAYS

    ASK OUR AI ABOUT THE COMPANY (REGISTER FOR EARLY ACCESS)
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    SIMILAR COMPANIES STI SCORE

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    NextEra Energy, Inc.

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    Symbol
    NEE-PR
    Market Cap
    198.164B
    Industry
    Regulated Electric
    Sector
    Utilities

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    Symbol
    ETI-P
    Market Cap
    1.102B
    Industry
    Regulated Electric
    Sector
    Utilities
    FUNDAMENTALS
    P/E
    P/S
    P/B
    Debt/Equity
    EV/FCF
    Price to operating cash flow
    -1.000
    Price to free cash flow
    -1.000
    EV/sales
    Earnings yield
    Debt/assets
    FUNDAMENTALS
    Net debt/ebidta
    Interest coverage
    Research And Developement To Revenue
    Intangile to total assets
    Capex to operating cash flow
    Capex to revenue
    Capex to depreciation
    Return on tangible assets
    Debt to market cap
    Piotroski Score
    FUNDAMENTALS
    PEG
    P/CF
    P/FCF
    RoA %
    RoIC %
    Gross Profit Margin %
    Quick Ratio
    Current Ratio
    Net Profit Margin %
    Net-Net
    FUNDAMENTALS PER SHARE
    FCF per share
    Revenue per share
    Net income per share
    Operating cash flow per share
    Free cash flow per share
    Cash per share
    Book value per share
    Tangible book value per share
    Shareholders equity per share
    Interest debt per share
    TECHNICAL
    52 weeks high
    52 weeks low
    Current trading session High
    Current trading session Low
    DIVIDEND
    Dividend yield
    undefined%
    Payout ratio
    undefined%
    Years of div. Increase
    Years of div.
    Q-shift
    Dividend per share
    SIMILAR COMPANIES
    logo

    Country
    US
    Sector
    Utilities
    Industry
    Diversified Utilities
    Dividend yield
    0.06847689%
    Payout Ratio
    -175.48764%
    P/E
    -76.061

    No data to display

    logo

    Country
    GB
    Sector
    Utilities
    Industry
    Renewable Utilities
    Dividend yield
    0%
    Payout Ratio
    476.61366000000004%
    P/E
    58.879

    No data to display

    logo

    Country
    US
    Sector
    Utilities
    Industry
    Regulated Electric
    Dividend yield
    0.04049277%
    Payout Ratio
    57.865936%
    P/E
    3.553

    No data to display

    logo

    Country
    US
    Sector
    Utilities
    Industry
    Regulated Electric
    Dividend yield
    0.020675397%
    Payout Ratio
    166.47421%
    P/E
    78.174
    logo

    Country
    US
    Sector
    Utilities
    Industry
    Regulated Water
    Dividend yield
    0.030808264%
    Payout Ratio
    55.47876000000001%
    P/E
    19.301
    logo

    Country
    US
    Sector
    Utilities
    Industry
    Diversified Utilities
    Dividend yield
    0.03435855%
    Payout Ratio
    0%
    P/E
    19.504

    No data to display

    logo

    Country
    US
    Sector
    Utilities
    Industry
    Renewable Utilities
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    -5.123
    logo

    Country
    US
    Sector
    Utilities
    Industry
    Regulated Gas
    Dividend yield
    0.04032258%
    Payout Ratio
    53.66667%
    P/E
    13.320
    logo

    Country
    US
    Sector
    Utilities
    Industry
    Regulated Electric
    Dividend yield
    0.107184455%
    Payout Ratio
    71.926194%
    P/E
    4.392
    DESCRIPTION

    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. The segment generates electricity using coal, natural gas and oil, nuclear fuel, solar, wind, and geothermal energy sources. As of December 31, 2021, this segment had owned or leased facilities with a total net generation capacity of 2,168 megawatts; and owned 3,426 miles of electric transmission lines, 5,751 miles of distribution overhead lines, 5,765 miles of underground distribution lines, and 250 substations. The segment also owns and leases communication, office and other equipment, office space, vehicles, and real estate. The TNMP segment provides regulated transmission and distribution services. As of December 31, 2021, the segment owned 983 miles of overhead electric transmission lines, 7,297 miles of overhead distribution lines, 1,408 miles of underground distribution lines, and 113 substations. The segment also owns and leases vehicles, service facilities, and office locations throughout its service territory. The company serves approximately 806,000 residential, commercial, and industrial customers and end-users of electricity in New Mexico and Texas. PNM Resources, Inc. was incorporated in 1882 and is headquartered in Albuquerque, New Mexico.

    NEWS
    https://images.financialmodelingprep.com/news/approval-of-unopposed-stipulation-in-pnm-2028-resource-application-20250630.jpg
    Approval of Unopposed Stipulation in PNM 2028 Resource Application

    prnewswire.com

    2025-06-30 06:30:00

    ALBUQUERQUE, N.M., June 30, 2025 /PRNewswire/ -- In its open meeting held June 26, 2025, the New Mexico Public Regulation Commission (NMPRC) approved the unopposed stipulation filed in PNM's 2028 Resource Application.

    https://images.financialmodelingprep.com/news/pnm-tnmp-receive-rate-approvals-20250515.jpg
    PNM, TNMP Receive Rate Approvals

    prnewswire.com

    2025-05-15 16:15:00

    ALBUQUERQUE, N.M. , May 15, 2025 /PRNewswire/ -- PNM and TNMP, the wholly-owned subsidiaries of TXNM Energy (NYSE: TXNM), each received regulatory approvals today for pending rate recovery filings.

    https://images.financialmodelingprep.com/news/recommendation-to-approve-unopposed-stipulation-in-pnm-2025-rate-20250409.jpg
    Recommendation to Approve Unopposed Stipulation in PNM 2025 Rate Request

    prnewswire.com

    2025-04-09 06:30:00

    ALBUQUERQUE, N.M. , April 9, 2025 /PRNewswire/ -- The Hearing Examiners of the New Mexico Public Regulation Commission (NMPRC) issued a Certification of Stipulation recommending approval of the unopposed stipulation filed by PNM, a wholly-owned subsidiary of TXNM Energy (NYSE: TXNM), and parties in PNM's 2025 Rate Request application.

    https://images.financialmodelingprep.com/news/pnm-and-parties-file-unopposed-stipulation-in-2028-resource-20250313.jpg
    PNM and parties file Unopposed Stipulation in 2028 Resource Application

    prnewswire.com

    2025-03-13 06:30:00

    ALBUQUERQUE, N.M., March 13, 2025 /PRNewswire/ -- PNM, a wholly-owned subsidiary of TXNM Energy (NYSE: TXNM), and intervening parties in its 2028 Resource Application filed an unopposed comprehensive stipulation with the New Mexico Public Regulation Commission (NMPRC).

    https://images.financialmodelingprep.com/news/pnm-issues-allsource-rfp-for-new-resources-in-20292032-20241231.jpg
    PNM issues all-source RFP for new resources in 2029-2032

    prnewswire.com

    2024-12-31 06:30:00

    ALBUQUERQUE, N.M. , Dec. 31, 2024 /PRNewswire/ -- PNM, a wholly-owned subsidiary of TXNM Energy (NYSE: TXNM), has issued a Request for Proposals (RFP) for at least 900 megawatts of new energy resources to come online between 2029 and 2032 to serve customers in New Mexico, with at least 500 megawatts needed by 2030.

    https://images.financialmodelingprep.com/news/pnm-and-parties-file-unopposed-stipulation-in-2025-rate-request-20241126.jpg
    PNM and parties file Unopposed Stipulation in 2025 Rate Request

    prnewswire.com

    2024-11-26 16:19:00

    ALBUQUERQUE, N.M. , Nov. 26, 2024 /PRNewswire/ -- PNM, a wholly-owned subsidiary of TXNM Energy (NYSE: TXNM), and parties in its 2025 Rate Request application filed an unopposed comprehensive stipulation with the New Mexico Public Regulation Commission (NMPRC).

    https://images.financialmodelingprep.com/news/pnm-files-application-for-new-resources-in-2028-20241125.jpg
    PNM files application for new resources in 2028

    prnewswire.com

    2024-11-25 06:30:00

    ALBUQUERQUE, N.M., Nov. 25, 2024 /PRNewswire/ -- PNM, a wholly-owned subsidiary of TXNM Energy (NYSE: TXNM), filed an application with the New Mexico Public Regulation Commission (NMPRC) for new energy resources to be added by summer 2028.

    https://images.financialmodelingprep.com/news/pnm-reaches-settlement-in-principle-in-2025-rate-request-20241115.jpg
    PNM reaches Settlement in Principle in 2025 Rate Request

    prnewswire.com

    2024-11-15 17:03:00

    ALBUQUERQUE, N.M., Nov. 15, 2024 /PRNewswire/ -- PNM, a wholly-owned subsidiary of TXNM Energy (NYSE: TXNM), filed a joint notice with the New Mexico Public Regulation Commission (NMPRC) indicating several parties have reached a Settlement in Principle in PNM's 2025 Rate Request application.

    https://images.financialmodelingprep.com/news/pnm-announces-plan-to-join-caiso-edam-regional-energy-20241111.jpg
    PNM announces plan to join CAISO EDAM regional energy market

    prnewswire.com

    2024-11-11 06:30:00

    ALBUQUERQUE, N.M. , Nov. 11, 2024 /PRNewswire/ -- In a continued effort to enhance reliability and economic benefits to customers, Public Service Company of New Mexico (PNM), a wholly-owned subsidiary of TXNM Energy (NYSE: TXNM), has announced its plan to join the California Independent System Operator (CAISO) Extended Day-Ahead Market (EDAM).

    https://images.financialmodelingprep.com/news/nmprc-approves-pnm-grid-modernization-plan-20241017.jpg
    NMPRC approves PNM Grid Modernization Plan

    prnewswire.com

    2024-10-17 17:11:00

    ALBUQUERQUE, N.M., Oct. 17, 2024 /PRNewswire/ -- The New Mexico Public Regulation Commission (NMPRC) approved an application by Public Service Company of New Mexico (PNM), a wholly-owned subsidiary of TXNM Energy (NYSE: TXNM), designed to modernize its grid infrastructure using state-of-the art technology for a more resilient, reliable, efficient and decarbonized electric system.

    https://images.financialmodelingprep.com/news/pnm-resources-inc-pnm-q2-2024-earnings-call-transcript-20240731.jpg
    PNM Resources, Inc. (PNM) Q2 2024 Earnings Call Transcript

    seekingalpha.com

    2024-07-31 15:29:08

    PNM Resources, Inc. (NYSE:PNM ) Q2 2024 Earnings Conference Call July 31, 2024 11:00 AM ET Company Participants Lisa Goodman - IR Pat Vincent-Collawn - Chairman & CEO Don Tarry - President & COO Lisa Eden - SVP, CFO & Treasurer Conference Call Participants Julien Dumoulin Smith - Jefferies Nicholas Campanella - Barclays Michael Lonegan - Evercore ISI Jonathan Reeder - Wells Fargo Ryan Levine - Citi Operator Good day, and welcome to the PNM Resources' Second Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode.

    https://images.financialmodelingprep.com/news/pnm-resources-pnm-q2-earnings-top-estimates-sales-rise-20240731.jpg
    PNM Resources (PNM) Q2 Earnings Top Estimates, Sales Rise Y/Y

    zacks.com

    2024-07-31 11:10:27

    PNM Resources' (PNM) second-quarter 2024 earnings and revenues increase year over year. Total operating expenses decline during the same period.

    https://images.financialmodelingprep.com/news/pnm-resources-pnm-beats-q2-earnings-estimates-20240731.jpg
    PNM Resources (PNM) Beats Q2 Earnings Estimates

    zacks.com

    2024-07-31 08:41:10

    PNM Resources (PNM) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.55 per share a year ago.

    https://images.financialmodelingprep.com/news/pnm-resources-reports-second-quarter-2024-results-20240731.jpg
    PNM Resources Reports Second Quarter 2024 Results

    prnewswire.com

    2024-07-31 06:30:00

    2024 Ongoing Earnings Guidance Affirmed 2024 second quarter GAAP earnings of $0.53 per diluted share 2024 second quarter ongoing earnings of $0.60 per diluted share Affirmed ongoing earnings guidance range of $2.65 - $2.75 Name change to TXNM Energy, trading under TXNM ticker expected August 5, 2024 ALBUQUERQUE, N.M., July 31, 2024 /PRNewswire/ --                                                             PNM Resources (In millions, except EPS)   Q2 2024 Q2 2023 YTD 2024 YTD 2023 GAAP net earnings attributable to PNM Resources $48.0 $45.3 $95.2 $100.3 GAAP diluted EPS $0.53 $0.53 $1.05 $1.16 Ongoing net earnings $54.3 $47.4 $91.3 $95.1 Ongoing diluted EPS $0.60 $0.55 $1.01 $1.10 PNM Resources (NYSE: PNM) today released its 2024 second quarter results.

    https://images.financialmodelingprep.com/news/pnm-resources-nyse-pnm-transitions-to-txnm-energy-nyse-20240722.jpg
    PNM Resources (NYSE: PNM) Transitions to TXNM Energy (NYSE: TXNM) with Trading Effective on August 5

    prnewswire.com

    2024-07-22 06:30:00

    ALBUQUERQUE, N.M. , July 22, 2024 /PRNewswire/ -- PNM Resources, Inc. (NYSE: PNM) is expecting to complete the change of its holding company name to TXNM Energy, Inc. (NYSE: TXNM), effective at 5:00pm ET on August 2, 2024.

    https://images.financialmodelingprep.com/news/pnm-resources-board-declares-quarterly-common-stock-dividend-20240716.jpg
    PNM Resources Board Declares Quarterly Common Stock Dividend

    prnewswire.com

    2024-07-16 16:30:00

    ALBUQUERQUE, N.M., July 16, 2024 /PRNewswire/ -- At its regular meeting held today, the Board of Directors of PNM Resources (NYSE: PNM) declared the regular quarterly dividend of $0.3875 per share on the company's common stock.