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. Shareholders 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 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) announced its quarterly earnings results on Friday, April, 27th. The utilities provider reported $0.21 earnings per share (EPS) for the quarter, meeting the Thomson Reuters' 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 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 updated 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 estimate of $2.08. PNM Resources also updated its FY18 guidance to $1.82-1.92 EPS.

13 Wall Street analysts have issued twelve-month price targets for PNM Resources' stock. Their forecasts range from $36.00 to $43.00. On average, they anticipate PNM Resources' share price to reach $38.6583 in the next twelve months. This suggests a possible upside of 1.7% 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 CENTRICA PLC/S (CPYYY), CenterPoint Energy (CNP), RED ELECTRICA C/ADR (RDEIY), Huaneng Power International (HNP), NRG Energy (NRG), Enel Americas (ENIA), Pinnacle West Capital (PNW), CHINA RESOURES/ADR (CRPJY), OGE Energy (OGE), Great Plains Energy (GXP), ENGIE BRASIL EN/S (EGIEY), CPFL Energia (CPL), Enel Generacion Chile (EOCC), Brookfield Renewable Partners (BEP) and CENTRAIS ELETRI/S (EBR).

News coverage about PNM stock has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded 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 0.17 on Accern's scale. They also gave media stories about the utilities provider an impact score of 47.56 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

PNM Resources' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.14%), Miller Howard Investments Inc. NY (0.06%), Fox Run Management L.L.C. (0.03%) and Dalton Greiner Hartman Maher & Co. (0.01%). 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 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 acquired by a variety of institutional investors in the last quarter, including Fox Run Management L.L.C. and Dalton Greiner Hartman Maher & Co.. 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 $38.00.

PNM Resources has a market capitalization of $3.05 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]