NYSE:PNM - PNM Resources Stock Price, Price Target & More

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

PNM Resources declared a quarterly dividend on Friday, February 23rd. Investors of record on Wednesday, May 2nd will be given a dividend of $0.265 per share on Wednesday, May 16th. This represents a $1.06 dividend on an annualized basis and a dividend yield of 2.77%. The ex-dividend date is Tuesday, May 1st. View PNM Resources' Dividend History.

PNM Resources (NYSE:PNM) released its quarterly earnings results on Friday, April, 27th. The utilities provider reported $0.21 earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of $0.21. The utilities provider earned $317.88 million during the quarter, compared to analyst estimates of $257.44 million. PNM Resources had a net margin of 5.03% and a return on equity of 8.41%. During the same quarter last year, the company earned $0.28 earnings per share. View PNM Resources' Earnings History.

PNM Resources is scheduled to release their next quarterly earnings announcement on Tuesday, July, 31st 2018. View Earnings Estimates for PNM Resources.

PNM Resources issued an update on its FY19 earnings guidance on Tuesday, June, 5th. The company provided EPS guidance of $2.04-2.16 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.08. PNM Resources also updated its FY18 guidance to $1.82-1.92 EPS.

12 analysts have issued 12 month price targets for PNM Resources' shares. Their forecasts range from $36.00 to $43.00. On average, they anticipate PNM Resources' stock price to reach $38.8091 in the next twelve months. View Analyst Ratings for PNM Resources.

Some companies that are related to PNM Resources include Vistra Energy (VST), CENTRICA PLC/S (CPYYY), CenterPoint Energy (CNP), Red Eléctrica de Espańa (RDEIY), Enel Americas (ENIA), Huaneng Power International (HNP), NRG Energy (NRG), CHINA RESOURES/ADR (CRPJY), Pinnacle West Capital (PNW), Great Plains Energy (GXP), OGE Energy (OGE), CPFL Energia (CPL), Enel Generacion Chile (EOCC), ENGIE BRASIL EN/S (EGIEY) and Brookfield Renewable Partners (BEP).

Media stories about PNM stock have trended somewhat positive on Thursday, Accern reports. The research group scores the sentiment of press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. PNM Resources earned a media sentiment score of 0.24 on Accern's scale. They also assigned news headlines about the utilities provider an impact score of 47.95 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

PNM Resources' stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.32%), Franklin Resources Inc. (3.18%), Gamco Investors INC. ET AL (2.82%), Northern Trust Corp (2.75%), Dimensional Fund Advisors LP (2.12%) and Principal Financial Group Inc. (1.57%). 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.

PNM stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Franklin Resources Inc., Principal Financial Group Inc., Principal Financial Group Inc., Gamco Investors INC. ET AL, Barclays PLC, UBS Group AG and Monarch Partners Asset Management LLC. Company insiders that have sold PNM Resources company stock in the last year include Charles N Eldred, Joseph Don Tarry, Patrick V Apodaca and Ronald N Darnell. View Insider Buying and Selling for PNM Resources.

PNM stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Old Mutual Global Investors UK Ltd., Prudential Financial Inc., Matarin Capital Management LLC, Covalis Capital LLP, Allianz Asset Management GmbH, Allianz Asset Management GmbH and Federated Investors Inc. PA. View Insider Buying and Selling for 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, Scottrade, Fidelity and Charles Schwab.

One share of PNM stock can currently be purchased for approximately $38.20.

PNM Resources has a market capitalization of $3.08 billion and generates $1.45 billion in revenue each year. The utilities provider earns $80.40 million in net income (profit) each year or $1.94 on an earnings per share basis. PNM Resources employs 1,699 workers across the globe.

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]