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TXNM Energy (TXNM) Set to Release Quarterly Earnings on Friday

TXNM Energy logo with Utilities background
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Key Points

TXNM Energy (NYSE:TXNM - Get Free Report) is expected to announce its Q3 2026 results before the market opens on Friday, October 30th. Analysts expect TXNM Energy to post earnings of $1.54 per share and revenue of $750.00 million for the quarter. Individuals are encouraged to explore the company's upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Friday, October 30, 2026 at 7:00 AM ET.

TXNM Energy (NYSE:TXNM - Get Free Report) last issued its quarterly earnings results on Friday, July 31st. The company reported $0.58 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.56 by $0.02. TXNM Energy had a return on equity of 8.11% and a net margin of 9.04%. The business had revenue of $548.55 million for the quarter, compared to the consensus estimate of $567.00 million. On average, analysts expect TXNM Energy to post $3.07 EPS for the current fiscal year and $3.43 EPS for the next fiscal year.

TXNM Energy Price Performance

TXNM Energy stock opened at $58.69 on Friday. The firm has a market cap of $6.46 billion, a PE ratio of 22.50, a price-to-earnings-growth ratio of 2.52 and a beta of 0.17. The company has a debt-to-equity ratio of 1.44, a current ratio of 0.56 and a quick ratio of 0.39. The stock's fifty day moving average price is $58.13 and its two-hundred day moving average price is $58.18. TXNM Energy has a one year low of $55.64 and a one year high of $59.53.

TXNM Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, October 23rd will be given a dividend of $0.4225 per share. This represents a $1.69 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Friday, October 23rd. TXNM Energy's dividend payout ratio is presently 93.37%.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. Wall Street Zen raised TXNM Energy from a "sell" rating to a "hold" rating in a report on Saturday, August 8th. Weiss Ratings raised TXNM Energy from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Tuesday, October 13th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $61.25.

Read Our Latest Analysis on TXNM Energy

TXNM Energy Company Profile

(Get Free Report)

TXNM Energy Inc NYSE: TXNM is an energy holding company that provides electricity and related utility services through its regulated subsidiaries. Its principal businesses are Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP), which operate electric generation, transmission and distribution systems.

PNM serves residential, commercial and industrial customers in New Mexico, while TNMP provides regulated electric distribution service to communities in Texas.

Read More

Earnings History for TXNM Energy (NYSE:TXNM)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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