Logo image of PNM

PNM RESOURCES INC (PNM) Stock Price, Forecast & Analysis

USA - NYSE:PNM - US69349H1077 - Common Stock

41.77 USD
-0.44 (-1.04%)
Last: 8/2/2024, 8:26:38 PM
41.77 USD
0 (0%)
After Hours: 8/2/2024, 8:26:38 PM

PNM Key Statistics, Chart & Performance

Key Statistics
Market Cap3.77B
Revenue(TTM)1.94B
Net Income(TTM)79.99M
Shares90.20M
Float89.05M
52 Week High45.1
52 Week Low34.63
Yearly Dividend1.44
Dividend Yield3.71%
EPS(TTM)2.82
PE14.81
Fwd PE14.7
Earnings (Next)10-25 2024-10-25/bmo
IPO1980-03-17
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
GICS IndustryGroupUtilities
GICS SubIndustryElectric Utilities


PNM short term performance overview.The bars show the price performance of PNM in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 5 10 15

PNM long term performance overview.The bars show the price performance of PNM in the last 1, 2 and 3 years. 1 year 2 years 3 years -5 -10 -15

The current stock price of PNM is 41.77 USD. In the past month the price increased by 15.29%. In the past year, price decreased by -5.77%.

PNM RESOURCES INC / PNM Daily stock chart

PNM Latest News, Press Relases and Analysis

PNM Competitors/Peers

The largest stocks on the US markets in the "Electric Utilities" sub-industry
Full List
Symbol
Company Name
TA
FA
PE
Market Cap
NEE NEXTERA ENERGY INC 22.67 172.73B
CEG CONSTELLATION ENERGY 42.1 105.76B
SO SOUTHERN CO/THE 21.34 99.76B
DUK DUKE ENERGY CORP 18.94 95.42B
AEP AMERICAN ELECTRIC POWER 20.18 64.87B
XEL XCEL ENERGY INC 22.14 47.66B
EXC EXELON CORP 16.35 46.40B
ETR ENTERGY CORP 23.41 42.43B
PCG P G & E CORP 11.37 36.24B
NRG NRG ENERGY INC 19.14 31.95B
SOJF SOUTHERN CO - SO 6 1/2 03/15/2085 6.13 28.66B
ES EVERSOURCE ENERGY 16.47 27.20B

About PNM

Company Profile

PNM logo image PNM Resources, Inc. operates as an investor-owned holding company, which provides electricity and electric services in New Mexico and Texas. The company is headquartered in Albuquerque, New Mexico and currently employs 1,600 full-time employees. service territories. The firm 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.

Company Info

PNM RESOURCES INC

414 Silver Ave SW

Albuquerque NEW MEXICO 87102 US

CEO: P. K. Collawn

Employees: 1600

PNM Company Website

Phone: 15052412700

PNM RESOURCES INC / PNM FAQ

Can you describe the business of PNM RESOURCES INC?

PNM Resources, Inc. operates as an investor-owned holding company, which provides electricity and electric services in New Mexico and Texas. The company is headquartered in Albuquerque, New Mexico and currently employs 1,600 full-time employees. service territories. The firm 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.


What is the current price of PNM stock?

The current stock price of PNM is 41.77 USD. The price decreased by -1.04% in the last trading session.


What is the dividend status of PNM RESOURCES INC?

PNM RESOURCES INC (PNM) has a dividend yield of 3.71%. The yearly dividend amount is currently 1.44.


What is the ChartMill rating of PNM RESOURCES INC stock?

PNM has a ChartMill Technical rating of 8 out of 10 and a ChartMill Fundamental rating of 2 out of 10.


Should I buy PNM stock?

This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on PNM.


What is the employee count for PNM stock?

PNM RESOURCES INC (PNM) currently has 1600 employees.


Can you provide the market cap for PNM RESOURCES INC?

PNM RESOURCES INC (PNM) has a market capitalization of 3.77B USD. This makes PNM a Mid Cap stock.


PNM Technical Analysis

ChartMill assigns a technical rating of 8 / 10 to PNM. When comparing the yearly performance of all stocks, PNM turns out to be only a medium performer in the overall market: it outperformed 50.32% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

PNM Fundamental Analysis

ChartMill assigns a fundamental rating of 2 / 10 to PNM. Both the profitability and financial health of PNM have multiple concerns.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

PNM Financial Highlights

Over the last trailing twelve months PNM reported a non-GAAP Earnings per Share(EPS) of 2.82. The EPS increased by 5.22% compared to the year before.


Industry RankSector Rank
PM (TTM) 4.37%
ROA 0.78%
ROE 3.38%
Debt/Equity 1.95
Chartmill High Growth Momentum
EPS Q2Q%0%
Sales Q2Q%N/A
EPS 1Y (TTM)5.22%
Revenue 1Y (TTM)-13.8%

PNM Forecast & Estimates

12 analysts have analysed PNM and the average price target is 45.61 USD. This implies a price increase of 9.19% is expected in the next year compared to the current price of 41.77.

For the next year, analysts expect an EPS growth of -3.73% and a revenue growth 0.38% for PNM


Analysts
Analysts76.67
Price Target45.61 (9.19%)
EPS Next Y-3.73%
Revenue Next Year0.38%

PNM Ownership

Ownership
Inst Owners95.18%
Ins Owners0.68%
Short Float %N/A
Short RatioN/A