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PNM Resources (PNM) News Today

$37.20
-0.30 (-0.80%)
(As of 06/7/2024 ET)
First Trust Advisors LP Buys 94,267 Shares of PNM Resources, Inc. (NYSE:PNM)
First Trust Advisors LP lifted its stake in PNM Resources, Inc. (NYSE:PNM - Free Report) by 6.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,587,169 shares of the utilities provider's stock after purchasing an additional 94,267 shares
PNM Resources (NYSE:PNM) Downgraded to Sell at StockNews.com
GABELLI & Co INVESTMENT ADVISERS INC. Sells 40,130 Shares of PNM Resources, Inc. (NYSE:PNM)
GABELLI & Co INVESTMENT ADVISERS INC. cut its holdings in PNM Resources, Inc. (NYSE:PNM - Free Report) by 7.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 497,649 shares of the utilities provider's stock after selling 40,130 shares during the
Analysts Set PNM Resources, Inc. (NYSE:PNM) PT at $43.40
PNM Resources (NYSE:PNM) Updates FY 2024 Earnings Guidance
Allianz Asset Management GmbH Buys 81,134 Shares of PNM Resources, Inc. (NYSE:PNM)
Allianz Asset Management GmbH increased its stake in shares of PNM Resources, Inc. (NYSE:PNM - Free Report) by 154.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 133,729 shares of the utilities provider's stock after
PNM Resources (NYSE:PNM) Shares Gap Down to $38.08
PNM Resources (NYSE:PNM) Shares Gap Down to $38.08
PNM Resources (NYSE:PNM) Issues FY24 Earnings Guidance
PNM Resources (NYSE:PNM) Releases FY24 Earnings Guidance
PNM Resources (NYSE:PNM) updated its FY24 earnings guidance. The company provided EPS guidance of $2.65-2.75 for the period, compared to the consensus estimate of $2.68.
PNM Resources, Inc. (NYSE:PNM) Given Consensus Recommendation of "Hold" by Brokerages
PNM Resources, Inc. (NYSE:PNM - Get Free Report) has been given an average rating of "Hold" by the five research firms that are covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The averag
Crestline Management LP Invests $8.32 Million in PNM Resources, Inc. (NYSE:PNM)
Crestline Management LP acquired a new position in shares of PNM Resources, Inc. (NYSE:PNM - Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 200,000 shares of the utilities provider's stock, valued at approximately $8,320,000. Crestline Manag
PNM Resources (NYSE:PNM) Now Covered by Evercore ISI
StockNews.com Upgrades PNM Resources (NYSE:PNM) to "Hold"
PNM Resources (NYSE:PNM) Upgraded to "Hold" by StockNews.com
StockNews.com upgraded shares of PNM Resources from a "sell" rating to a "hold" rating in a report on Thursday.
PNM Resources (NYSE:PNM) Coverage Initiated by Analysts at Evercore ISI
Evercore ISI initiated coverage on shares of PNM Resources in a report on Thursday. They issued an "in-line" rating and a $38.00 price target on the stock.
Dimensional Fund Advisors LP Has $64.25 Million Stock Holdings in PNM Resources, Inc. (NYSE:PNM)
Dimensional Fund Advisors LP lifted its position in shares of PNM Resources, Inc. (NYSE:PNM - Free Report) by 3.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,544,429 shares of the utilities provider's stock after p
PNM Resources, Inc. (NYSE:PNM) Expected to Earn Q3 2024 Earnings of $1.41 Per Share
PNM Resources, Inc. (NYSE:PNM - Free Report) - Zacks Research raised their Q3 2024 EPS estimates for PNM Resources in a report issued on Tuesday, May 21st. Zacks Research analyst J. Saha now anticipates that the utilities provider will post earnings per share of $1.41 for the quarter, up from the
PNM Resources, Inc. (NYSE:PNM) to Post Q2 2024 Earnings of $0.55 Per Share, Zacks Research Forecasts
PNM Resources, Inc. (NYSE:PNM - Free Report) - Stock analysts at Zacks Research decreased their Q2 2024 earnings estimates for PNM Resources in a research report issued to clients and investors on Tuesday, May 21st. Zacks Research analyst J. Saha now anticipates that the utilities provider will p
Quest Partners LLC Takes Position in PNM Resources, Inc. (NYSE:PNM)
Quest Partners LLC purchased a new stake in PNM Resources, Inc. (NYSE:PNM - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 23,155 shares of the utilities provider's stock, valued at approximatel
Kapitalo Investimentos Ltda Cuts Stake in PNM Resources, Inc. (NYSE:PNM)
Kapitalo Investimentos Ltda lessened its holdings in PNM Resources, Inc. (NYSE:PNM - Free Report) by 10.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 199,616 shares of the utilities provider's stock
Dynamic Technology Lab Private Ltd Cuts Stake in PNM Resources, Inc. (NYSE:PNM)
Dynamic Technology Lab Private Ltd lessened its stake in PNM Resources, Inc. (NYSE:PNM - Free Report) by 71.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 45,882 shares of the utilities provider's stock
PNM Resources, Inc. (NYSE:PNM) Shares Acquired by Segantii Capital Management Ltd
Segantii Capital Management Ltd boosted its holdings in PNM Resources, Inc. (NYSE:PNM - Free Report) by 111.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 736,439 shares of the utilities provider's stock after acquiring an additional 388,436
BCK Capital Management LP Sells 167,103 Shares of PNM Resources, Inc. (NYSE:PNM)
BCK Capital Management LP trimmed its holdings in PNM Resources, Inc. (NYSE:PNM - Free Report) by 81.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 37,133 shares of the utilities provider's stock a
Materion: Q1 Earnings Snapshot
PNM Resources (NYSE:PNM) Announces Earnings Results
PNM Resources (NYSE:PNM - Get Free Report) released its quarterly earnings results on Tuesday. The utilities provider reported $0.41 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.27). PNM Resources had a return on equity of 10.51% and a net margin of 4.54%. The company had revenue of $436.90 million for the quarter, compared to analysts' expectations of $531.00 million. During the same quarter last year, the company earned $0.55 EPS. PNM Resources's revenue for the quarter was down 19.7% compared to the same quarter last year.
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PNM Resources, Inc. (NYSE:PNM) Shares Sold by Strs Ohio
Strs Ohio trimmed its position in PNM Resources, Inc. (NYSE:PNM - Free Report) by 78.1% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,000 shares of the utilities provider's stock after selling 21,400 shares during the period. Strs O
PNM Resources Reports First Quarter 2024 Results
PNM Resources Q1 2024 Earnings Preview
24,100 Shares in PNM Resources, Inc. (NYSE:PNM) Purchased by Louisiana State Employees Retirement System
Louisiana State Employees Retirement System purchased a new position in PNM Resources, Inc. (NYSE:PNM - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 24,100 shares of the utilities provider's stock, valued a
Tokio Marine Asset Management Co. Ltd. Acquires 36,500 Shares of PNM Resources, Inc. (NYSE:PNM)
Tokio Marine Asset Management Co. Ltd. increased its holdings in shares of PNM Resources, Inc. (NYSE:PNM - Free Report) by 11.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 364,129 shares of the utilities provid
PNM Resources, Inc. (NYSE:PNM) Announces Quarterly Dividend of $0.39
PNM Resources, Inc. (NYSE:PNM) declared a quarterly dividend on Friday, March 1st. Investors of record on Friday, April 26th will be paid a dividend of 0.387 per share by the utilities provider on Friday, May 10th. This represents a $1.55 dividend on an annualized basis and a dividend yield of 4.22%. The ex-dividend date is Thursday, April 25th.
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PNM Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

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This page (NYSE:PNM) was last updated on 6/8/2024 by MarketBeat.com Staff

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