PNM Resources, Inc. PNM

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Price alert · PNM

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41.77 +41.77 —

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Open
—
Prev close
0.00
Mkt cap
3.77B
Vol
0
Avg vol
0
EPS
0.00
P/E
0.00
Div yield
3.85%
More statistics
Low
—
High
—
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

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Analyst view

Consensus: buy

Buy
Price target (mean) 44.71 +7.0% upside
Target (low)
38.00
Target (mean)
44.71
Target (high)
55.00
Ratings (0m) 10 2 buy · 4 hold · 4 sell
  • Strong buy1
  • Buy1
  • Hold4
  • Sell3
  • Strong sell1

Recommendation trend

  • This month 10
  • 1 month ago 8
  • 2 months ago 7
  • 3 months ago 7

Earnings and revenue estimates

Consensus for the coming quarters and fiscal years

PNM analyst estimates
PeriodEPS estimateLow – highYear agoEPS growthRevenue estimateRevenue growthAnalysts
Current quarter1.431.36 – 1.511.54-7.1%584.56M+15.6%3
Next quarter0.290.20 – 0.350.18+61.1%548.49M+33.1%3
Current year2.702.64 – 2.732.82-4.3%2.15B+11.1%6
Next year2.812.80 – 2.822.70+4.1%2.27B+5.5%6

Upgrades and downgrades

The latest rating changes

PNM analyst upgrades and downgrades
DateFirmActionFromTo
Sep 25, 2023MizuhoUpgradeNeutralBuy
Sep 17, 2023CitigroupMaintainedNeutralNeutral
Jun 21, 2023CitigroupMaintainedNeutralNeutral
Jan 8, 2023MizuhoDowngradeBuyNeutral
Oct 19, 2022Wells FargoDowngradeOverweightEqual-Weight
Sep 6, 2022MizuhoMaintained—Buy
Jun 21, 2022MizuhoUpgradeNeutralBuy
Apr 28, 2022Wells FargoMaintained—Overweight
Apr 26, 2022Wells FargoMaintained—Overweight
Feb 8, 2022MizuhoMaintained—Neutral
Dec 12, 2021Wells FargoUpgradeEqual-WeightOverweight
Dec 9, 2021BarclaysMaintained—Underweight
Dec 2, 2021Wells FargoUpgradeUnderweightEqual-Weight
Mar 2, 2021CitigroupDowngradeBuyNeutral
Jan 5, 2021Wells FargoDowngradeEqual-WeightUnderweight
Nov 17, 2020BarclaysDowngradeEqual-WeightUnderweight
Oct 21, 2020BarclaysDowngradeOverweightEqual-Weight
Oct 21, 2020Wells FargoDowngradeOverweightEqual-Weight
Oct 21, 2020MizuhoDowngradeBuyNeutral
Oct 13, 2020CitigroupInitiated—Buy
Jun 4, 2020UBSMaintained—Buy
Jun 2, 2020MizuhoMaintained—Buy
May 14, 2020BarclaysUpgradeEqual-WeightOverweight
May 7, 2020UBSMaintained—Buy
May 3, 2020B of A SecuritiesMaintained—Buy
Apr 1, 2020Wells FargoMaintained—Equal-Weight
Mar 31, 2020UBSUpgradeNeutralBuy
Mar 25, 2020BarclaysMaintained—Equal-Weight
Jan 12, 2020MizuhoMaintained—Buy
Dec 18, 2019UBSMaintained—Neutral