PNM
PNM Resources, Inc.
Set alert
52-week range unavailable
- Open
- 42.00
- Prev close
- 41.77
- Mkt cap
- 3.77B
- Vol
- 364.74K
- Avg vol
- 0
- EPS
- 0.00
- P/E
- 0.00
- Div yield
- 3.85%
More statistics
- Low
- 41.30
- High
- 42.16
- Forward P/E
- 14.86
- Beta
- 0.36
- Short ratio
- 3.97
- Inst. own
- 95.70%
- Dividend
- 1.55
- Ex-div date
- Jul 25, 2024
- Earnings
- Jul 31, 2024
- 50-d avg
- 38.64
- 200-d avg
- 38.51
- 1y target
- 44.71
Key statistics
- Market cap
- 3.77B
- Enterprise value
- 9.03B
- Trailing P/E
- 46.41
- Forward P/E
- 14.86
- PEG ratio
- 3.94
- Price / sales
- 2.04
- Price / book
- 1.57
- EPS (TTM)
- 0.90
- Beta
- 0.36
- Dividend yield
- 3.85%
- Payout ratio
- 167.78%
- Profit margin
- 4.49%
- Revenue (TTM)
- 1.84B
- Revenue growth
- 2.30%
- Free cash flow
- -636.13M
- Total cash
- 3.23M
- Total debt
- 5.34B
- Return on equity
- 4.13%
- Shares outstanding
- 90.20M
- Short % of float
- 4.26%
- 50-day average
- 38.64
- 200-day average
- 38.51
Analyst view
Consensus: buy
- Target (low)
- 38.00
- Target (mean)
- 44.71
- Target (high)
- 55.00
- Strong buy1
- Buy1
- Hold4
- Sell3
- Strong sell1
Next earnings
Jul 31, 2024
Expected Jul 31, 2024. Consensus EPS estimate 1.43.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Jul 31, 2024 | Jun 1, 2024 | 0.55 | — | — | — |
| Apr 30, 2024 | Mar 1, 2024 | 0.68 | — | — | — |
| Feb 6, 2024 | Dec 1, 2023 | 0.15 | — | — | — |
| Oct 27, 2023 | Sep 1, 2023 | 1.30 | — | — | — |
| Aug 4, 2023 | Jun 1, 2023 | 0.50 | — | — | — |
| May 5, 2023 | Mar 1, 2023 | 0.39 | — | — | — |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Sep 25, 2023 | Mizuho | up | Neutral | Buy |
| Sep 17, 2023 | Citigroup | main | Neutral | Neutral |
| Jun 21, 2023 | Citigroup | main | Neutral | Neutral |
| Jan 8, 2023 | Mizuho | down | Buy | Neutral |
| Oct 19, 2022 | Wells Fargo | down | Overweight | Equal-Weight |
| Sep 6, 2022 | Mizuho | main | — | Buy |
About PNM Resources, Inc.
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 owns and leases communications, office and other equipment, office space, vehicles, and real estate. It generates electricity using coal, natural gas and oil, and nuclear fuel and waste, as well as solar, wind, geothermal, and battery storage energy sources. The TNMP segment provides regulated transmission and distribution services. The segment also owns and leases vehicles, service facilities, and office locations throughout its service territory. The company serves residential, commercial, and industrial customers and end-users of electricity in New Mexico and Texas. PNM Resources, Inc. was founded in 1882 and is based in Albuquerque, New Mexico.
- Sector
- Utilities
- Industry
- Utilities—Regulated Electric
- Country
- United States
- Website
- pnmresources.com
News
- Vecima Completes Acquisition of Akleza's CableDiag™ PNM Platform, Extending AI-Powered Entra® Intelligence for Broadband Access Networks
- Powering homes and businesses with reliable, affordable and clean energy: PNM puts forth balanced plan to advance carbon-free future
- /C O R R E C T I O N -- SEMIFIVE/
- Approval of Unopposed Stipulation in PNM 2028 Resource Application
- PNM, TNMP Receive Rate Approvals
- Recommendation to Approve Unopposed Stipulation in PNM 2025 Rate Request
- PNM and parties file Unopposed Stipulation in 2028 Resource Application
- PNM issues all-source RFP for new resources in 2029-2032
- PNM and parties file Unopposed Stipulation in 2025 Rate Request
- PNM files application for new resources in 2028
Your note
Sign in to keep a note on PNM — it syncs with the Stock Master app.
Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| BAILEY VICKY A | Director | Stock Award(Grant) | Jun 3, 2024 | 16,793 |
| BECKER NORMAN P | Director | Stock Award(Grant) | Jun 3, 2024 | 27,678 |
| COLLAWN PATRICIA K | Chief Executive Officer | Conversion of Exercise of derivative security | Mar 6, 2024 | 707,077 |
| CONLEY E RENAE | Director | Stock Award(Grant) | Jun 3, 2024 | 34,547 |
| FOHRER ALAN J JR | Director | Stock Award(Grant) | Jun 3, 2024 | 37,975 |
| GUTIERREZ SIDNEY M | Director | Stock Award(Grant) | Jun 3, 2024 | 26,711 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Blackrock Inc. | 12.69% | 10,893,651 | 491.30M | Jun 29, 2023 |
| Vanguard Group Inc | 10.88% | 9,338,781 | 421.18M | Jun 29, 2023 |
| State Street Corporation | 3.69% | 3,166,036 | 142.79M | Jun 29, 2023 |
| PSquared Asset Management AG | 3.32% | 2,852,162 | 128.63M | Jun 29, 2023 |
| Magnetar Financial LLC | 2.30% | 1,978,239 | 89.22M | Jun 29, 2023 |
| Citadel Advisors Llc | 2.22% | 1,908,635 | 86.08M | Jun 29, 2023 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| iShares Core S&P Midcap ETF | 3.13% | 2,684,510 | 119.76M | Sep 29, 2023 |
| Vanguard Total Stock Market Index Fund | 3.11% | 2,672,159 | 120.51M | Jun 29, 2023 |
| Vanguard Small-Cap Index Fund | 2.58% | 2,216,053 | 99.94M | Jun 29, 2023 |
| iShares Russell 2000 ETF | 2.27% | 1,949,895 | 86.40M | Aug 30, 2023 |
| Vanguard Small Cap Value Index Fund | 1.79% | 1,534,104 | 69.19M | Jun 29, 2023 |
| First Tr Exchange Traded Fd-First Tr Value Line Dividend Index | 1.73% | 1,487,628 | 66.36M | Sep 29, 2023 |