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The latest announcement is out from TXNM Energy ( (TXNM) ).
On July 21, 2025, Texas-New Mexico Power Company (TNMP), a subsidiary of TXNM Energy, issued a series of First Mortgage Bonds totaling $1,084,300,000 in a private placement to institutional accredited investors. The proceeds from these bonds will be used to repay short-term debt and fund general corporate purposes, including capital expenditures. The bonds are secured by a first mortgage lien on TNMP’s property and include various terms and conditions, such as prepayment options and events of default. The issuance of these bonds is a strategic move to strengthen TNMP’s financial position and support its operational and capital expenditure plans.
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
TXNM Energy, Inc. operates in the energy sector, primarily through its subsidiary Texas-New Mexico Power Company (TNMP), which focuses on providing electricity services.
Average Trading Volume: 1,551,293
Technical Sentiment Signal: Buy
Current Market Cap: $5.99B
Learn more about TXNM stock on TipRanks’ Stock Analysis page.