TXNM Energy, Inc. (NYSE:TXNM - Get Free Report) announced a quarterly dividend on Tuesday, September 23rd, RTT News reports. Stockholders of record on Friday, October 24th will be given a dividend of 0.4075 per share on Friday, November 14th. This represents a c) dividend on an annualized basis and a dividend yield of 2.9%.
TXNM Energy Stock Performance
Shares of TXNM traded up $0.06 during midday trading on Tuesday, reaching $56.90. 947,922 shares of the stock were exchanged, compared to its average volume of 821,279. The company has a quick ratio of 0.36, a current ratio of 0.51 and a debt-to-equity ratio of 1.49. TXNM Energy has a twelve month low of $42.09 and a twelve month high of $57.42. The stock's 50 day simple moving average is $56.82 and its 200 day simple moving average is $55.22. The company has a market cap of $6.00 billion, a P/E ratio of 26.19, a PEG ratio of 2.69 and a beta of 0.09.
TXNM Energy (NYSE:TXNM - Get Free Report) last issued its earnings results on Friday, August 1st. The company reported $0.25 EPS for the quarter, missing the consensus estimate of $0.46 by ($0.21). TXNM Energy had a net margin of 8.75% and a return on equity of 7.34%. The firm had revenue of $502.42 million during the quarter, compared to analyst estimates of $493.90 million. The business's revenue was up 2.9% on a year-over-year basis. On average, sell-side analysts expect that TXNM Energy will post 2.73 earnings per share for the current year.
About TXNM Energy
(
Get Free Report)
TXNM Energy, Inc, through its subsidiaries, provides electricity and electric services in the United States. It operates through Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP) segments. The PNM segment engages in the generation, transmission, and distribution of electricity.
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