S&P 500   3,443.12 (+0.47%)
DOW   28,308.79 (+0.40%)
QQQ   284.41 (+0.21%)
AAPL   117.51 (+1.32%)
MSFT   214.65 (+0.20%)
FB   267.56 (+2.36%)
GOOGL   1,551.08 (+1.38%)
AMZN   3,217.01 (+0.31%)
TSLA   421.94 (-2.06%)
NVDA   545.82 (+1.09%)
BABA   309.81 (+1.48%)
CGC   18.88 (-4.69%)
GE   7.34 (+0.69%)
MU   53.53 (+1.71%)
AMD   81.56 (-0.54%)
T   26.76 (-0.45%)
F   7.74 (+1.98%)
ACB   4.56 (-3.18%)
GILD   60.55 (-0.03%)
NFLX   525.42 (-1.00%)
BA   167.24 (+0.08%)
BAC   24.14 (+1.77%)
DIS   124.95 (+0.58%)
S&P 500   3,443.12 (+0.47%)
DOW   28,308.79 (+0.40%)
QQQ   284.41 (+0.21%)
AAPL   117.51 (+1.32%)
MSFT   214.65 (+0.20%)
FB   267.56 (+2.36%)
GOOGL   1,551.08 (+1.38%)
AMZN   3,217.01 (+0.31%)
TSLA   421.94 (-2.06%)
NVDA   545.82 (+1.09%)
BABA   309.81 (+1.48%)
CGC   18.88 (-4.69%)
GE   7.34 (+0.69%)
MU   53.53 (+1.71%)
AMD   81.56 (-0.54%)
T   26.76 (-0.45%)
F   7.74 (+1.98%)
ACB   4.56 (-3.18%)
GILD   60.55 (-0.03%)
NFLX   525.42 (-1.00%)
BA   167.24 (+0.08%)
BAC   24.14 (+1.77%)
DIS   124.95 (+0.58%)
S&P 500   3,443.12 (+0.47%)
DOW   28,308.79 (+0.40%)
QQQ   284.41 (+0.21%)
AAPL   117.51 (+1.32%)
MSFT   214.65 (+0.20%)
FB   267.56 (+2.36%)
GOOGL   1,551.08 (+1.38%)
AMZN   3,217.01 (+0.31%)
TSLA   421.94 (-2.06%)
NVDA   545.82 (+1.09%)
BABA   309.81 (+1.48%)
CGC   18.88 (-4.69%)
GE   7.34 (+0.69%)
MU   53.53 (+1.71%)
AMD   81.56 (-0.54%)
T   26.76 (-0.45%)
F   7.74 (+1.98%)
ACB   4.56 (-3.18%)
GILD   60.55 (-0.03%)
NFLX   525.42 (-1.00%)
BA   167.24 (+0.08%)
BAC   24.14 (+1.77%)
DIS   124.95 (+0.58%)
S&P 500   3,443.12 (+0.47%)
DOW   28,308.79 (+0.40%)
QQQ   284.41 (+0.21%)
AAPL   117.51 (+1.32%)
MSFT   214.65 (+0.20%)
FB   267.56 (+2.36%)
GOOGL   1,551.08 (+1.38%)
AMZN   3,217.01 (+0.31%)
TSLA   421.94 (-2.06%)
NVDA   545.82 (+1.09%)
BABA   309.81 (+1.48%)
CGC   18.88 (-4.69%)
GE   7.34 (+0.69%)
MU   53.53 (+1.71%)
AMD   81.56 (-0.54%)
T   26.76 (-0.45%)
F   7.74 (+1.98%)
ACB   4.56 (-3.18%)
GILD   60.55 (-0.03%)
NFLX   525.42 (-1.00%)
BA   167.24 (+0.08%)
BAC   24.14 (+1.77%)
DIS   124.95 (+0.58%)
Log in
NYSE:PNM

PNM Resources Stock Forecast, Price & News

$45.74
-0.39 (-0.85 %)
(As of 10/20/2020 12:00 AM ET)
Add
Compare
Today's Range
$45.32
Now: $45.74
$46.45
50-Day Range
$39.45
MA: $42.58
$46.23
52-Week Range
$27.08
Now: $45.74
$56.14
Volume261,981 shs
Average Volume576,833 shs
Market Capitalization$3.64 billion
P/E Ratio20.70
Dividend Yield2.67%
Beta0.58
PNM Resources, Inc., through its subsidiaries, engages in the energy and energy-related businesses 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 is primarily involved in the generation, transmission, and distribution of electricity. It generates electricity using coal, natural gas and oil, nuclear fuel, solar, wind, and geothermal energy sources. As of December 31, 2018, this segment had owned or leased facilities with a total net generation capacity of 2,102 megawatts; and owned 3,206 miles of electric transmission lines, 6,067 miles of distribution overhead lines, 5,885 miles of underground distribution lines, and 255 substations. It also owns and leases office and other equipment, office space, vehicles, and real estate. The TNMP segment provides regulated transmission and distribution services. As of December 31, 2018, this segment owned 997 miles of overhead electric transmission lines, 7,151 miles of overhead distribution lines, 1,260 miles of underground distribution lines, and 122 substations. It also owns and leases vehicles, service facilities, and office locations throughout its service territory. The company serves approximately 782,000 residential, commercial, and industrial customers, as well as end-users of electricity in New Mexico and Texas. PNM Resources, Inc. was founded in 1917 and is headquartered in Albuquerque, New Mexico.
Read More
PNM Resources logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.4Community Rank: 2.3Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.56 out of 5 stars

Industry, Sector and Symbol

Industry Electric services
Sub-IndustryElectric Utilities
SectorUtilities
CUSIP69349H10
Phone505-241-2700
Employees1,668

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.46 billion
Cash Flow$6.67 per share
Book Value$21.87 per share

Profitability

Net Income$77.89 million

Miscellaneous

Market Cap$3.64 billion
Next Earnings Date10/30/2020 (Confirmed)
OptionableOptionable
$45.74
-0.39 (-0.85 %)
(As of 10/20/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive PNM News and Ratings via Email

Sign-up to receive the latest news and ratings for PNM and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











PNM Resources (NYSE:PNM) Frequently Asked Questions

How has PNM Resources' stock been impacted by COVID-19?

PNM Resources' stock was trading at $45.65 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PNM shares have increased by 0.2% and is now trading at $45.74.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of PNM Resources?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PNM Resources in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for PNM Resources
.

When is PNM Resources' next earnings date?

PNM Resources is scheduled to release its next quarterly earnings announcement on Friday, October 30th 2020.
View our earnings forecast for PNM Resources
.

How can I listen to PNM Resources' earnings call?

PNM Resources will be holding an earnings conference call on Friday, October 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were PNM Resources' earnings last quarter?

PNM Resources, Inc. (NYSE:PNM) posted its earnings results on Friday, July, 31st. The utilities provider reported $0.55 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.50 by $0.05. The utilities provider earned $357.64 million during the quarter, compared to analysts' expectations of $345.13 million. PNM Resources had a return on equity of 10.72% and a net margin of 11.57%. The company's revenue was up 8.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.37 EPS.
View PNM Resources' earnings history
.

How often does PNM Resources pay dividends? What is the dividend yield for PNM Resources?

PNM Resources declared a quarterly dividend on Tuesday, September 22nd. Investors of record on Monday, November 2nd will be given a dividend of $0.308 per share on Friday, November 13th. This represents a $1.23 dividend on an annualized basis and a dividend yield of 2.69%. The ex-dividend date of this dividend is Friday, October 30th.
View PNM Resources' dividend history
.

What guidance has PNM Resources issued on next quarter's earnings?

PNM Resources issued an update on its FY20 earnings guidance on Thursday, October, 1st. The company provided EPS guidance of $2.23-2.31 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.19.

What price target have analysts set for PNM?

9 brokers have issued 12 month price targets for PNM Resources' shares. Their forecasts range from $40.00 to $55.00. On average, they anticipate PNM Resources' stock price to reach $46.63 in the next twelve months. This suggests a possible upside of 1.9% from the stock's current price.
View analysts' price targets for PNM Resources
.

Who are some of PNM Resources' key competitors?

What other stocks do shareholders of PNM Resources own?

Based on aggregate information from My MarketBeat watchlists, some companies that other PNM Resources investors own include AbbVie (ABBV), PepsiCo (PEP), Altria Group (MO), Pfizer (PFE), AT&T (T), Exxon Mobil (XOM), Abbott Laboratories (ABT), Emerson Electric (EMR), Target (TGT) and Colgate-Palmolive (CL).

Who are PNM Resources' key executives?

PNM Resources' management team includes the following people:
  • Ms. Patricia K. Vincent-Collawn, Chairman, Pres & CEO (Age 61)
  • Mr. Patrick V. Apodaca, Sr. VP, Gen. Counsel & Sec. (Age 68, Pay $696.74k)
  • Mr. Charles N. Eldred MBA, Exec. VP of Corp. Devel. & Fin. (Age 66, Pay $1.89M)
  • Mr. Ronald N. Darnell, Sr. VP of Public Policy (Age 62, Pay $635.06k)
  • Mr. Chris M. Olson, Sr. VP of Utility Operations (Age 62, Pay $602.65k)

What is PNM Resources' stock symbol?

PNM Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "PNM."

Who are PNM Resources' major shareholders?

PNM Resources' stock is owned by a number of institutional and retail investors. Top institutional investors include Peregrine Capital Management LLC (0.27%), Nisa Investment Advisors LLC (0.06%), Envestnet Asset Management Inc. (0.05%), Redpoint Investment Management Pty Ltd (0.03%), Pacer Advisors Inc. (0.02%) and Assenagon Asset Management S.A. (0.02%). Company insiders that own PNM Resources stock include Charles N Eldred, Joseph Don Tarry and Patrick V Apodaca.
View institutional ownership trends for PNM Resources
.

Which institutional investors are selling PNM Resources stock?

PNM stock was sold by a variety of institutional investors in the last quarter, including Diversified Trust Co, and State of Alaska Department of Revenue.
View insider buying and selling activity for PNM Resources
.

Which institutional investors are buying PNM Resources stock?

PNM stock was purchased by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Pacer Advisors Inc., Assenagon Asset Management S.A., Redpoint Investment Management Pty Ltd, Envestnet Asset Management Inc., and Nisa Investment Advisors LLC.
View insider buying and selling activity for PNM Resources
.

How do I buy shares of PNM Resources?

Shares of PNM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is PNM Resources' stock price today?

One share of PNM stock can currently be purchased for approximately $45.74.

How big of a company is PNM Resources?

PNM Resources has a market capitalization of $3.64 billion and generates $1.46 billion in revenue each year. The utilities provider earns $77.89 million in net income (profit) each year or $2.16 on an earnings per share basis. PNM Resources employs 1,668 workers across the globe.

What is PNM Resources' official website?

The official website for PNM Resources is www.pnmresources.com.

How can I contact PNM Resources?

PNM Resources' mailing address is 414 SILVER AVE. SW, ALBUQUERQUE NM, 87102. The utilities provider can be reached via phone at 505-241-2700 or via email at [email protected]

This page was last updated on 10/20/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.