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NYSE:PNM - PNM Resources Stock Price, Forecast & News

$55.78
+0.01 (+0.02 %)
(As of 02/16/2020 04:00 PM ET)
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Today's Range
$55.62
Now: $55.78
$56.09
50-Day Range
$48.92
MA: $52.24
$55.78
52-Week Range
$43.11
Now: $55.78
$56.09
Volume252,521 shs
Average VolumeN/A
Market CapitalizationN/A
P/E RatioN/A
Dividend YieldN/A
BetaN/A
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. Read More…

Industry, Sector and Symbol

Industry N/A
Sub-IndustryElectric Utilities
SectorN/A
CUSIP69349H10
WebN/A
PhoneN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Employees1,692
Next Earnings Date2/28/2020 (Confirmed)
OptionableOptionable

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PNM Resources (NYSE:PNM) Frequently Asked Questions

What is PNM Resources' stock symbol?

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

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

PNM Resources declared a quarterly dividend on Tuesday, December 10th. Stockholders of record on Monday, February 3rd will be paid a dividend of $0.3075 per share on Friday, February 14th. This represents a $1.23 annualized dividend and a dividend yield of 2.21%. The ex-dividend date is Friday, January 31st. This is an increase from PNM Resources's previous quarterly dividend of $0.29. View PNM Resources' Dividend History.

How were PNM Resources' earnings last quarter?

PNM Resources Inc (NYSE:PNM) released its earnings results on Friday, November, 1st. The utilities provider reported $1.29 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.25 by $0.04. The utilities provider earned $433.59 million during the quarter, compared to analyst estimates of $562.33 million. During the same period in the prior year, the company posted $1.08 EPS. View PNM Resources' Earnings History.

When is PNM Resources' next earnings date?

PNM Resources is scheduled to release their next quarterly earnings announcement on Friday, February 28th 2020. View Earnings Estimates for PNM Resources.

How can I listen to PNM Resources' earnings call?

PNM Resources will be holding an earnings conference call on Friday, February 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

PNM Resources issued an update on its FY 2020 After-Hours earnings guidance on Friday, January, 10th. The company provided earnings per share guidance of 2.16-2.26 for the period, compared to the Thomson Reuters consensus estimate of $2.20.

What price target have analysts set for PNM?

8 brokerages have issued 12 month price objectives for PNM Resources' stock. Their forecasts range from $50.00 to $56.00. On average, they anticipate PNM Resources' stock price to reach $53.29 in the next year. This suggests that the stock has a possible downside of 4.5%. View Analyst Price Targets for PNM Resources.

What is the consensus analysts' recommendation for PNM Resources?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PNM Resources in the last year. There are currently 1 sell rating, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for PNM Resources.

Has PNM Resources been receiving favorable news coverage?

News headlines about PNM stock have trended neutral recently, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. PNM Resources earned a coverage optimism score of 0.2 on InfoTrie's scale. They also assigned news headlines about the utilities provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for PNM Resources.

Are investors shorting PNM Resources?

PNM Resources saw a increase in short interest in January. As of January 31st, there was short interest totalling 4,020,000 shares, an increase of 226.8% from the January 15th total of 1,230,000 shares. Based on an average daily volume of 492,900 shares, the days-to-cover ratio is presently 8.2 days. Currently, 5.1% of the company's stock are short sold. View PNM Resources' Current Options Chain.

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 PepsiCo (PEP), Costco Wholesale (COST), AbbVie (ABBV), Emerson Electric (EMR), Altria Group (MO), Comcast (CMCSA), Roku (ROKU), Kimberly Clark (KMB), Nucor (NUE) and Target (TGT).

Who are PNM Resources' key executives?

PNM Resources' management team includes the folowing people:
  • Ms. Patricia K. Vincent-Collawn, Chairman, Pres & CEO (Age 60)
  • Mr. Charles N. Eldred MBA, Exec. VP & CFO (Age 65)
  • Mr. Patrick V. Apodaca, Sr. VP, Gen. Counsel & Sec. (Age 67)
  • Mr. Ronald N. Darnell, Sr. VP of Public Policy (Age 61)
  • Mr. Chris M. Olson, Sr. VP of Utility Operations (Age 61)

Who are PNM Resources' major shareholders?

PNM Resources' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include State Street Corp (3.52%), Renaissance Technologies LLC (3.37%), Gabelli Funds LLC (3.04%), Franklin Resources Inc. (2.51%), Goldman Sachs Group Inc. (2.25%) and Principal Financial Group Inc. (1.56%). Company insiders that own PNM Resources stock include Charles N Eldred, Joseph Don Tarry, Norman P Becker, Patrick V Apodaca and Ronald N Darnell. View Institutional Ownership Trends for PNM Resources.

Which major investors are selling PNM Resources stock?

PNM stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, AJO LP, Retirement Systems of Alabama, William Blair Investment Management LLC, Principal Financial Group Inc., Gabelli Funds LLC, Dorsey Wright & Associates and Chicago Equity Partners LLC. Company insiders that have sold PNM Resources company stock in the last year include Charles N Eldred, Joseph Don Tarry and Patrick V Apodaca. View Insider Buying and Selling for PNM Resources.

Which major investors are buying PNM Resources stock?

PNM stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Jennison Associates LLC, State Street Corp, Bank of America Corp DE, Peregrine Capital Management LLC, California Public Employees Retirement System, UBS Group AG and Barclays PLC. View Insider Buying and Selling 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 $55.78.


MarketBeat Community Rating for PNM Resources (NYSE PNM)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  376 (Vote Outperform)
Underperform Votes:  449 (Vote Underperform)
Total Votes:  825
MarketBeat's community ratings are surveys of what our community members think about PNM Resources and other stocks. Vote "Outperform" if you believe PNM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PNM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/16/2020 by MarketBeat.com Staff

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