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TXNM Energy (TXNM)
NYSE:TXNM
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TXNM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$34.63 - $45.10
Previous Close$43.01
Volume798.07K
Average Volume (3M)644.29K
Market Cap
$3.88B
Enterprise Value$9.26B
Total Cash (Recent Filing)$3.23M
Total Debt (Recent Filing)$5.33B
Price to Earnings (P/E)47.5
Beta0.03
Next Earnings
Oct 25, 2024EPS Estimate
$1.43Last Dividend Ex-Date
Jul 26, 2024Dividend Yield3.62%
Share Statistics
EPS (TTM)0.90
Shares Outstanding90,200,384
10 Day Avg. Volume528,585
30 Day Avg. Volume644,290
Standard Deviation0.06
R-Squared0.10
Alpha-0.00393
Financial Highlights & Ratios
Price to Book (P/B)1.62
Price to Sales (P/S)4.12
Price to Cash Flow (P/CF)12.40
P/FCF Ratio7.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.76
Enterprise Value/Gross Profit8.86
Enterprise Value/Ebitda10.32
Forecast
1Y Price Target
$42.25Price Target Upside-1.77% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering5
TXNM Energy News
PremiumCompany Announcements
TXNM Energy Increases Executive Compensation PackagesBulls Say, Bears Say
Bulls Say
EarningsQ2'24 ongoing EPS of $0.60 exceeded BofA/Consensus of $0.54/$0.55, with the company ahead of internal expectations.
GrowthPNM is viewed as a well-run electric utility with above-average 10% rate base CAGR and 6-7% EPS growth over the planning period.
Resiliency And CapexPNM called attention to incremental spending opportunities tied to resiliency and generation that over time could drive an increase to the company’s $6.1Bn capex plan through 2028.
Bears Say
Financial PerformancePNM is looking to accelerate its Four Corners depreciation costs to reflect the earlier shutdown date and also recover anticipated wildfire mitigation costs.
RegulatoryPNM filed an electric rate case requesting a rate increase of $174 million, which could impact customer bills.
ValuationA 5-10% discount is applied in the relative P/E analysis to account for wildfire risk, NM’s historically challenging regulation, and AGR deal termination issues.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
TXNM FAQ
What was TXNM Energy’s price range in the past 12 months?
TXNM Energy lowest stock price was $34.63 and its highest was $45.10 in the past 12 months.
What is TXNM Energy’s market cap?
Currently, no data Available
When is TXNM Energy’s upcoming earnings report date?
TXNM Energy’s upcoming earnings report date is Oct 25, 2024 which is in 36 days.
How were TXNM Energy’s earnings last quarter?
TXNM Energy released its earnings results on Jul 31, 2024. The company reported $0.6 earnings per share for the quarter, beating the consensus estimate of $0.553 by $0.047.
Is TXNM Energy overvalued?
According to Wall Street analysts TXNM Energy’s price is currently Overvalued.
Does TXNM Energy pay dividends?
TXNM Energy pays a Quarterly dividend of $0.39 which represents an annual dividend yield of 3.62%. See more information on TXNM Energy dividends here
What is TXNM Energy’s EPS estimate?
TXNM Energy’s EPS estimate is $1.43.
How many shares outstanding does TXNM Energy have?
TXNM Energy has 90,200,386 shares outstanding.
What happened to TXNM Energy’s price movement after its last earnings report?
TXNM Energy reported an EPS of $0.6 in its last earnings report, beating expectations of $0.553. Following the earnings report the stock price went down -0.192%.
Which hedge fund is a major shareholder of TXNM Energy?
Among the largest hedge funds holding TXNM Energy’s share is Empyrean Capital Partners, LP. It holds TXNM Energy’s shares valued at 52M.
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TXNM Energy Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$42.25 (-1.77% Downside)
$42.25 (-1.77% Downside)
Blogger Sentiment
Neutral
TXNM Sentiment 50%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 259.0K Shares
Last Quarter.
Last Quarter.
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-0.01%
12-Months-Change
Fundamentals
Return on Equity
3.55%
Trailing 12-Months
Asset Growth
9.93%
Trailing 12-Months
Company Description
TXNM Energy
Public Service Co. of New Mexico provides electricity and electric services. It offers payment options, billing, save money and energy and business energy analyzer. The company was founded in 1917 and is headquartered in Albuquerque, NM.
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TXNM Company Deck
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TXNM Earnings Call
Q2 2024
0:00 / 0:00
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TXNM Stock 12 Month Forecast
Average Price Target
$42.25
▼(-1.77% Downside)
Technical Analysis
Best Analysts Covering TXNM
1 Year
1 Year Success Rate
5/6 ratings generated profit
1 Year Average Return
+11.52%
reiterated a buy rating 8 months ago
Copying Julien Dumoulin Smith's trades and holding each position for 1 Year would result in 83.33% of your transactions generating a profit, with an average return of +11.52% per trade.
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