TXNM Energy (NYSE:TXNM) Releases FY 2025 Earnings Guidance

TXNM Energy (NYSE:TXNM - Get Free Report) updated its FY 2025 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 2.740-2.840 for the period, compared to the consensus estimate of 2.790. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Barclays lifted their price target on shares of TXNM Energy from $56.00 to $57.00 and gave the company an "overweight" rating in a research report on Tuesday, March 18th. Mizuho upgraded TXNM Energy from a "neutral" rating to an "outperform" rating and set a $53.00 price target for the company in a report on Tuesday, March 11th. Scotiabank boosted their price objective on TXNM Energy from $52.00 to $55.00 and gave the stock a "sector perform" rating in a research note on Monday, February 24th. Finally, Evercore ISI upgraded TXNM Energy from an "in-line" rating to an "outperform" rating and increased their target price for the company from $51.00 to $54.00 in a research note on Tuesday, February 11th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat, TXNM Energy currently has a consensus rating of "Moderate Buy" and an average price target of $53.57.

TXNM Energy Stock Up 0.4%

NYSE:TXNM traded up $0.22 during mid-day trading on Friday, reaching $52.89. The stock had a trading volume of 714,787 shares, compared to its average volume of 850,561. The stock has a market cap of $4.90 billion, a P/E ratio of 27.55, a PEG ratio of 6.12 and a beta of 0.11. The business's 50 day moving average is $52.38 and its 200 day moving average is $49.64. The company has a debt-to-equity ratio of 1.80, a current ratio of 0.36 and a quick ratio of 0.27. TXNM Energy has a fifty-two week low of $39.60 and a fifty-two week high of $55.50.

TXNM Energy (NYSE:TXNM - Get Free Report) last announced its earnings results on Friday, May 9th. The company reported $0.19 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.20 by ($0.01). The company had revenue of $482.79 million for the quarter, compared to the consensus estimate of $451.01 million. TXNM Energy had a return on equity of 9.69% and a net margin of 9.26%. The firm's quarterly revenue was up 10.5% compared to the same quarter last year. As a group, sell-side analysts predict that TXNM Energy will post 2.73 earnings per share for the current year.

TXNM Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 16th. Investors of record on Friday, April 25th will be paid a $0.4075 dividend. The ex-dividend date is Friday, April 25th. This represents a $1.63 dividend on an annualized basis and a yield of 3.08%. TXNM Energy's payout ratio is currently 61.05%.

TXNM Energy Company Profile

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.