PNM Resources, Inc. PNM
Set alert
41.77 0.00 0.00%
At close · Aug 2
41.30 Day range 42.16
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
2Y chart
Events in this range
- Aug 16, 2022Dividend: 0.347
- Sep 6, 2022Rating: Mizuho · — → Buy
- Oct 19, 2022Downgrade: Wells Fargo · Overweight → Equal-Weight
- Oct 26, 2022Dividend: 0.347
- Feb 2, 2023Dividend: 0.368
- Apr 27, 2023Dividend: 0.3675
- May 5, 2023Earnings: —; estimate 0.39; surprise —%
- Jun 21, 2023Rating: Citigroup · Neutral → Neutral
- Aug 4, 2023Earnings: —; estimate 0.5; surprise —%
- Aug 10, 2023Dividend: 0.3675
- Sep 25, 2023Rating: Mizuho · Neutral → Buy
- Oct 26, 2023Dividend: 0.3675
- Oct 27, 2023Earnings: —; estimate 1.3; surprise —%
- Feb 1, 2024Dividend: 0.3875
- Feb 6, 2024Earnings: —; estimate 0.15; surprise —%
- Apr 25, 2024Dividend: 0.3875
- Apr 30, 2024Earnings: —; estimate 0.68; surprise —%
- Jul 26, 2024Dividend: 0.3875
- Jul 31, 2024Earnings: —; estimate 0.55; surprise —%
Signals (72)
| Name | Date | Ago |
|---|---|---|
| RSI: Overbought | Jul 22, 2024 | 2 years ago |
| SMA: Bullish | Jul 17, 2024 | 2 years ago |
| RSI: Overbought | Jul 17, 2024 | 2 years ago |
| SMA: Bullish | Jul 11, 2024 | 2 years ago |
| MACD: Buy Signal | Jul 10, 2024 | 2 years ago |
| SMA: Bearish | Jun 17, 2024 | 2 years ago |
| SMA: Bullish | Jun 12, 2024 | 2 years ago |
| SMA: Bearish | Jun 7, 2024 | 2 years ago |
| SMA: Bullish | May 30, 2024 | 2 years ago |
| SMA: Bearish | May 23, 2024 | 2 years ago |
| MACD: Sell Signal | May 23, 2024 | 2 years ago |
| SMA: Bullish | Apr 29, 2024 | 2 years ago |
| MACD: Buy Signal | Apr 29, 2024 | 2 years ago |
| SMA: Bearish | Apr 10, 2024 | 2 years ago |
| MACD: Sell Signal | Apr 10, 2024 | 2 years ago |
| SMA: Bullish | Mar 27, 2024 | 2 years ago |
| MACD: Buy Signal | Mar 27, 2024 | 2 years ago |
| SMA: Bearish | Mar 25, 2024 | 2 years ago |
| SMA: Bullish | Mar 20, 2024 | 2 years ago |
| MACD: Sell Signal | Mar 14, 2024 | 2 years ago |
Newest 20 of 72.
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
Buy
Price target (mean) 44.71 +7.0% upside
Now 41.77
- 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
Next earnings
Jul 31, 2024
Expected Jul 31, 2024. Consensus EPS estimate 1.43.
Financials — quick view
PNM Revenue — quarterly 436.88M
PNM Net income — quarterly 47.19M
PNM EPS — quarterly 0.52
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
- Earnings Scheduled For February 6, 2024
- Top 2 Utilities Stocks That Could Blast Off In January
- Earnings Scheduled For October 27, 2023
- Stocks That Hit 52-Week Lows On Friday
- Earnings Scheduled For August 4, 2023
- Stocks That Hit 52-Week Lows On Wednesday
- Earnings Scheduled For May 5, 2023
- Earnings Scheduled For February 24, 2023
- Earnings Scheduled For November 4, 2022
- Earnings Scheduled For August 4, 2022
Your note
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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 |