TXNM Energy (TXNM) Stock Price, News & Analysis

Company Overview

TXNM Energy, formerly known as PNM Resources, is an energy holding company based in Albuquerque, New Mexico. Its principal businesses are regulated electric utilities that generate, transmit and distribute electricity.

Through Public Service Company of New Mexico, known as PNM, the company serves residential, commercial and industrial customers across much of New Mexico, including the Albuquerque and Santa Fe areas. PNM operates a mix of electricity generation and delivery assets.

TXNM Energy also owns Texas-New Mexico Power Company, or TNMP, which operates electric transmission and distribution infrastructure in parts of Texas. TNMP delivers electricity to customers through the state’s competitive retail electricity market.

Key Stats

• Today's Range: $57.97 to $58.26
• 50-Day Range: $57.67 to $58.69
• 52-Week Range: $55.64 to $59.53
• Volume: 885,945 shs
• Average Volume: 1.08 million shs
• Market Capitalization: $6.39 billion
• P/E Ratio: 27.78
• Dividend Yield: 2.91%
• Price Target: N/A
• Consensus Rating: Buy

TXNM Energy Stock Analysis - MarketRank™

TXNM Energy scored higher than 41% of companies evaluated by MarketBeat, and ranked 74th out of 97 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.7 / 5
• Analyst Rating: Buy

Consensus Rating

TXNM Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on no strong buy ratings, 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

TXNM Energy has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 11.73%

Earnings Growth

Earnings for TXNM Energy are expected to grow by 11.73% in the coming year, from $3.07 to $3.43 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of TXNM Energy is 27.78, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.17.

Price to Earnings Ratio vs. Sector

The P/E ratio of TXNM Energy is 27.78, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 29.30.

Price to Earnings Growth Ratio

TXNM Energy has a PEG Ratio of 2.51. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

TXNM Energy has a P/B Ratio of 1.73. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.92% of the float of TXNM Energy has been sold short.

Short Interest Ratio / Days to Cover

TXNM Energy has a short interest ratio ("days to cover") of 6.32.

Change versus previous month

Short interest in TXNM Energy has recently increased by 7.73%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

TXNM Energy pays a meaningful dividend of 2.90%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

TXNM Energy does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of TXNM Energy is 80.86%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, TXNM Energy will have a dividend payout ratio of 49.27% next year. This indicates that TXNM Energy will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.6 / 5
• News Sentiment: 1.83

News Sentiment

TXNM Energy has a news sentiment score of 1.83. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for TXNM Energy this week, compared to 2 articles on an average week.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, TXNM Energy insiders have not sold or bought any company stock.

Percentage Held by Insiders

1.07% of the stock of TXNM Energy is held by insiders.

Percentage Held by Institutions

91.68% of the stock of TXNM Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 8/14 Dividend: 8/03/2026
• Ex-Dividend for 8/14 Dividend: 8/03/2026
• Dividend Payable: 8/14/2026
• Record date for 11/13 Dividend: 10/23/2026
• Ex-Dividend for 11/13 Dividend: 10/23/2026
• Last Earnings: 10/30/2026
• Today: 11/10/2026
• Dividend Payable: 11/13/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Utilities
• Industry: Electric Utilities
• Sub-Industry: Electric Utilities
• Current Symbol: NYSE:TXNM
• Previous Symbol: NYSE:TXNM
• CIK: 1108426
• Web: www.txnmenergy.com
• Phone: (505) 241-2700
• Fax: 505-241-4311
• Employees: 1,700
• Year Founded: 1917

Profitability

• EPS (Trailing Twelve Months): $2.09
• Trailing P/E Ratio: 27.78
• Forward P/E Ratio: 16.93
• P/E Growth: 2.51
• Net Income: $151.89 million
• Net Margins: 9.88%
• Pretax Margin: 11.84%
• Return on Equity: 9.17%
• Return on Assets: 2.64%

Debt

• Debt-to-Equity Ratio: 1.53
• Current Ratio: 0.81
• Quick Ratio: 0.59

Sales & Book Value

• Annual Sales: $2.32 billion
• Price / Sales: 2.76
• Cash Flow: $6.61 per share
• Price / Cash Flow: 8.78
• Book Value: $33.47 per share
• Price / Book: 1.73

Miscellaneous

• Outstanding Shares: 110,126,000
• Free Float: 108,948,000
• Market Cap: $6.39 billion
• Optionable: Optionable
• Beta: 0.17