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. 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 annualized dividend and a dividend yield of 2.79%. The ex-dividend date is Tuesday, May 1st. View PNM Resources' Dividend History.

PNM Resources (NYSE:PNM) announced its quarterly earnings data on Friday, April, 27th. The utilities provider reported $0.21 earnings per share for the quarter, meeting the consensus estimate of $0.21. The utilities provider had revenue of $317.88 million for the quarter, compared to analysts' expectations of $257.44 million. PNM Resources had a return on equity of 8.41% and a net margin of 5.03%. During the same quarter last year, the firm earned $0.28 EPS. 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 EPS estimate of $2.08. PNM Resources also updated its FY18 guidance to $1.82-1.92 EPS.

12 analysts have issued 12 month price objectives for PNM Resources' stock. Their forecasts range from $36.00 to $43.00. On average, they expect PNM Resources' stock price to reach $38.8091 in the next year. 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).

News coverage about PNM stock has trended somewhat positive recently, Accern Sentiment reports. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. PNM Resources earned a news sentiment score of 0.15 on Accern's scale. They also assigned news articles about the utilities provider an impact score of 44.68 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.

PNM Resources' stock is owned by many different 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 acquired 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 $37.95.

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]