TXNM Energy Completes Bond Prepayment Offer

The latest announcement is out from TXNM Energy ( (TXNM) ).

On June 14, 2025, Texas-New Mexico Power Company (TNMP) concluded its offer to prepay $1,505,000,000 in First Mortgage Bonds, which was initially announced on May 19, 2025. The offer resulted in $1,084,300,000 worth of bonds being validly tendered and accepted for purchase, with holders receiving the full principal amount plus accrued interest, impacting TNMP’s financial operations by reducing its outstanding bond liabilities.

The most recent analyst rating on (TXNM) stock is a Hold with a $45.00 price target. To see the full list of analyst forecasts on TXNM Energy stock, see the TXNM Stock Forecast page.

Spark’s Take on TXNM Stock

According to Spark, TipRanks’ AI Analyst, TXNM is a Outperform.

TXNM Energy’s overall score reflects strong profitability growth and strategic investments, balanced by the challenges of high leverage and negative cash flow. Technical indicators show stability, while recent corporate events like the acquisition and rate approvals improve the outlook. Valuation remains fair, presenting a balanced investment opportunity with moderate risks and potential for long-term growth.

To see Spark’s full report on TXNM stock, click here.

More about TXNM Energy

Average Trading Volume: 1,443,084

Technical Sentiment Signal: Buy

Current Market Cap: $5.24B

See more insights into TXNM stock on TipRanks’ Stock Analysis page.