TXNM Energy (TXNM) to Release Earnings on Friday

TXNM Energy (NYSE:TXNM - Get Free Report) is projected to post its Q1 2025 quarterly earnings results before the market opens on Friday, May 9th. Analysts expect TXNM Energy to post earnings of $0.43 per share and revenue of $451.01 million for the quarter. TXNM Energy has set its FY 2025 guidance at 2.740-2.840 EPS.

TXNM Energy (NYSE:TXNM - Get Free Report) last released its quarterly earnings results on Friday, February 21st. The company reported $0.30 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.30. TXNM Energy had a net margin of 9.26% and a return on equity of 9.69%. The company had revenue of $476.96 million during the quarter, compared to analysts' expectations of $496.05 million. On average, analysts expect TXNM Energy to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

TXNM Energy Stock Down 0.2 %

NYSE TXNM opened at $53.08 on Friday. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.27 and a current ratio of 0.36. The firm has a 50-day simple moving average of $52.23 and a 200 day simple moving average of $49.18. TXNM Energy has a twelve month low of $39.60 and a twelve month high of $55.50. The stock has a market cap of $4.92 billion, a PE ratio of 27.65, a PEG ratio of 6.12 and a beta of 0.15.

TXNM Energy Dividend Announcement

The business 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. This represents a $1.63 annualized dividend and a dividend yield of 3.07%. The ex-dividend date is Friday, April 25th. TXNM Energy's payout ratio is presently 61.05%.

Analyst Upgrades and Downgrades

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

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.

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