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 announced a quarterly dividend on Friday, February 23rd. Stockholders 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 annualized dividend and a dividend yield of 2.79%. The ex-dividend date of this dividend is Tuesday, May 1st. View PNM Resources' Dividend History.

PNM Resources Inc (NYSE:PNM) issued its earnings results on Friday, April, 27th. The utilities provider reported $0.21 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.21. The utilities provider had revenue of $317.88 million for 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 in the prior year, the company posted $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 earnings per share 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.

13 Wall Street analysts have issued 12-month price targets for PNM Resources' shares. Their forecasts range from $36.00 to $43.00. On average, they expect PNM Resources' stock price to reach $38.6583 in the next twelve months. This suggests a possible upside of 1.6% from the stock's current price. View Analyst Ratings for PNM Resources.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PNM Resources in the last year. There are currently 5 sell ratings, 7 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."

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

News headlines about PNM stock have been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. PNM Resources earned a news sentiment score of 0.12 on Accern's scale. They also assigned news headlines about the utilities provider an impact score of 44.19 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

PNM Resources' stock is owned by many different of institutional and retail investors. Top institutional shareholders include James Investment Research Inc. (0.19%), Cambiar Investors LLC (0.18%), Bank of Montreal Can (0.14%), Nisa Investment Advisors LLC (0.06%), Miller Howard Investments Inc. NY (0.06%) and GWM Advisors LLC (0.05%). 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 Cambiar Investors LLC, James Investment Research Inc., Municipal Employees Retirement System of Michigan, Bank of Montreal Can and Miller Howard Investments Inc. NY. 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 Fox Run Management L.L.C., Dalton Greiner Hartman Maher & Co., Hartford Investment Management Co., Nisa Investment Advisors LLC and GWM Advisors LLC. 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 $38.05.

PNM Resources has a market capitalization of $3.03 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]