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PNM Resources (PNM) Competitors

$37.12
-0.11 (-0.30%)
(As of 04:10 PM ET)

PNM vs. OTTR, POR, IDA, HE, OGE, PNW, BKH, ELP, PAM, and ENIC

Should you be buying PNM Resources stock or one of its competitors? The main competitors of PNM Resources include Otter Tail (OTTR), Portland General Electric (POR), IDACORP (IDA), Hawaiian Electric Industries (HE), OGE Energy (OGE), Pinnacle West Capital (PNW), Black Hills (BKH), Companhia Paranaense de Energia - COPEL (ELP), Pampa Energía (PAM), and Enel Chile (ENIC). These companies are all part of the "electric services" industry.

PNM Resources vs.

PNM Resources (NYSE:PNM) and Otter Tail (NASDAQ:OTTR) are both mid-cap utilities companies, but which is the superior business? We will contrast the two companies based on the strength of their analyst recommendations, valuation, risk, media sentiment, community ranking, institutional ownership, dividends, profitability and earnings.

PNM Resources currently has a consensus target price of $44.75, suggesting a potential upside of 20.75%. Given PNM Resources' higher possible upside, equities analysts clearly believe PNM Resources is more favorable than Otter Tail.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
PNM Resources
0 Sell rating(s)
2 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.50
Otter Tail
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

91.7% of PNM Resources shares are owned by institutional investors. Comparatively, 61.3% of Otter Tail shares are owned by institutional investors. 1.4% of PNM Resources shares are owned by company insiders. Comparatively, 2.3% of Otter Tail shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

PNM Resources has a beta of 0.35, meaning that its stock price is 65% less volatile than the S&P 500. Comparatively, Otter Tail has a beta of 0.56, meaning that its stock price is 44% less volatile than the S&P 500.

PNM Resources received 152 more outperform votes than Otter Tail when rated by MarketBeat users. Likewise, 60.63% of users gave PNM Resources an outperform vote while only 60.10% of users gave Otter Tail an outperform vote.

CompanyUnderperformOutperform
PNM ResourcesOutperform Votes
402
60.63%
Underperform Votes
261
39.37%
Otter TailOutperform Votes
250
60.10%
Underperform Votes
166
39.90%

In the previous week, PNM Resources had 12 more articles in the media than Otter Tail. MarketBeat recorded 14 mentions for PNM Resources and 2 mentions for Otter Tail. Otter Tail's average media sentiment score of 0.74 beat PNM Resources' score of 0.54 indicating that Otter Tail is being referred to more favorably in the news media.

Company Overall Sentiment
PNM Resources Positive
Otter Tail Positive

Otter Tail has a net margin of 22.55% compared to PNM Resources' net margin of 4.38%. Otter Tail's return on equity of 21.58% beat PNM Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
PNM Resources4.38% 9.91% 2.32%
Otter Tail 22.55%21.58%9.53%

PNM Resources pays an annual dividend of $1.55 per share and has a dividend yield of 4.2%. Otter Tail pays an annual dividend of $1.87 per share and has a dividend yield of 2.1%. PNM Resources pays out 170.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Otter Tail pays out 25.7% of its earnings in the form of a dividend.

Otter Tail has lower revenue, but higher earnings than PNM Resources. Otter Tail is trading at a lower price-to-earnings ratio than PNM Resources, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
PNM Resources$1.94B1.73$88.35M$0.9140.77
Otter Tail$1.35B2.78$294.19M$7.2812.34

Summary

Otter Tail beats PNM Resources on 10 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding PNM and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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PNM vs. The Competition

MetricPNM ResourcesElectric services IndustryUtilities SectorNYSE Exchange
Market Cap$3.35B$13.52B$11.72B$17.72B
Dividend Yield4.16%4.63%4.20%3.53%
P/E Ratio40.7713.4892.0422.62
Price / Sales1.733.1823.4410.26
Price / Cash5.628.6223.0015.70
Price / Book1.391.781.865.10
Net Income$88.35M$664.86M$554.07M$974.28M
7 Day Performance-4.50%0.51%-1.80%-1.14%
1 Month Performance2.15%8.22%3.81%4.77%
1 Year Performance-17.88%10.21%3.88%23.90%

PNM Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
OTTR
Otter Tail
1.0106 of 5 stars
$92.07
+0.2%
N/A+21.5%$3.85B$1.35B12.652,655Insider Selling
POR
Portland General Electric
2.4259 of 5 stars
$45.30
+0.8%
$44.00
-2.9%
-9.5%$4.63B$3.10B17.362,842Short Interest ↓
IDA
IDACORP
4.0653 of 5 stars
$97.48
-0.8%
$96.80
-0.7%
-7.5%$4.94B$1.77B19.572,112Analyst Forecast
Analyst Revision
HE
Hawaiian Electric Industries
1.2728 of 5 stars
$11.14
-0.6%
$11.63
+4.4%
-70.5%$1.23B$3.68B6.593,706Analyst Downgrade
OGE
OGE Energy
3.5913 of 5 stars
$37.20
+0.6%
$33.40
-10.2%
+2.0%$7.46B$2.67B18.882,329Positive News
PNW
Pinnacle West Capital
4.4398 of 5 stars
$78.62
+0.8%
$74.08
-5.8%
+0.0%$8.86B$4.70B17.136,133Positive News
BKH
Black Hills
3.3728 of 5 stars
$56.76
-0.2%
$54.80
-3.5%
-9.5%$3.91B$2.14B13.982,874Short Interest ↓
News Coverage
ELP
Companhia Paranaense de Energia - COPEL
0.5785 of 5 stars
$7.57
+1.3%
N/A+20.8%$4.14B$4.30B8.515,954Short Interest ↓
News Coverage
High Trading Volume
PAM
Pampa Energía
1.4687 of 5 stars
$47.27
-3.3%
$41.33
-12.6%
+24.6%$2.67B$1.66T6.051,924Analyst Forecast
News Coverage
Positive News
ENIC
Enel Chile
2.2809 of 5 stars
$3.17
+0.6%
N/A+3.1%$4.39B$5.23B6.102,077Dividend Increase
Short Interest ↓
Positive News

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This page (NYSE:PNM) was last updated on 5/28/2024 by MarketBeat.com Staff

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