S&P 500   4,442.99 (-0.28%)
DOW   34,919.98 (+0.35%)
QQQ   368.87 (-1.19%)
AAPL   144.58 (-1.59%)
MSFT   293.51 (-1.95%)
FB   351.17 (-0.51%)
GOOGL   2,822.25 (-0.78%)
TSLA   788.60 (+1.83%)
AMZN   3,366.72 (-1.72%)
NVDA   214.92 (-2.67%)
BABA   148.00 (+2.01%)
NIO   35.99 (+1.72%)
CGC   14.60 (+4.96%)
GE   105.95 (+2.07%)
MU   74.82 (+1.04%)
AMD   106.80 (+0.95%)
T   27.61 (+1.77%)
F   14.19 (+2.98%)
ACB   6.32 (+6.22%)
DIS   178.54 (+1.44%)
PFE   43.84 (-0.23%)
BA   226.20 (+2.17%)
BAC   43.19 (+2.49%)
S&P 500   4,442.99 (-0.28%)
DOW   34,919.98 (+0.35%)
QQQ   368.87 (-1.19%)
AAPL   144.58 (-1.59%)
MSFT   293.51 (-1.95%)
FB   351.17 (-0.51%)
GOOGL   2,822.25 (-0.78%)
TSLA   788.60 (+1.83%)
AMZN   3,366.72 (-1.72%)
NVDA   214.92 (-2.67%)
BABA   148.00 (+2.01%)
NIO   35.99 (+1.72%)
CGC   14.60 (+4.96%)
GE   105.95 (+2.07%)
MU   74.82 (+1.04%)
AMD   106.80 (+0.95%)
T   27.61 (+1.77%)
F   14.19 (+2.98%)
ACB   6.32 (+6.22%)
DIS   178.54 (+1.44%)
PFE   43.84 (-0.23%)
BA   226.20 (+2.17%)
BAC   43.19 (+2.49%)
S&P 500   4,442.99 (-0.28%)
DOW   34,919.98 (+0.35%)
QQQ   368.87 (-1.19%)
AAPL   144.58 (-1.59%)
MSFT   293.51 (-1.95%)
FB   351.17 (-0.51%)
GOOGL   2,822.25 (-0.78%)
TSLA   788.60 (+1.83%)
AMZN   3,366.72 (-1.72%)
NVDA   214.92 (-2.67%)
BABA   148.00 (+2.01%)
NIO   35.99 (+1.72%)
CGC   14.60 (+4.96%)
GE   105.95 (+2.07%)
MU   74.82 (+1.04%)
AMD   106.80 (+0.95%)
T   27.61 (+1.77%)
F   14.19 (+2.98%)
ACB   6.32 (+6.22%)
DIS   178.54 (+1.44%)
PFE   43.84 (-0.23%)
BA   226.20 (+2.17%)
BAC   43.19 (+2.49%)
S&P 500   4,442.99 (-0.28%)
DOW   34,919.98 (+0.35%)
QQQ   368.87 (-1.19%)
AAPL   144.58 (-1.59%)
MSFT   293.51 (-1.95%)
FB   351.17 (-0.51%)
GOOGL   2,822.25 (-0.78%)
TSLA   788.60 (+1.83%)
AMZN   3,366.72 (-1.72%)
NVDA   214.92 (-2.67%)
BABA   148.00 (+2.01%)
NIO   35.99 (+1.72%)
CGC   14.60 (+4.96%)
GE   105.95 (+2.07%)
MU   74.82 (+1.04%)
AMD   106.80 (+0.95%)
T   27.61 (+1.77%)
F   14.19 (+2.98%)
ACB   6.32 (+6.22%)
DIS   178.54 (+1.44%)
PFE   43.84 (-0.23%)
BA   226.20 (+2.17%)
BAC   43.19 (+2.49%)
NYSE:PNM

PNM Resources Stock Forecast, Price & News

$49.56
+0.06 (+0.12 %)
(As of 09/27/2021 11:26 AM ET)
Add
Compare
Today's Range
$49.55
$49.60
50-Day Range
$47.55
$49.83
52-Week Range
$39.72
$50.25
Volume4,494 shs
Average Volume823,209 shs
Market Capitalization$4.25 billion
P/E Ratio20.23
Dividend Yield2.65%
Beta0.53
30 days | 90 days | 365 days | Advanced Chart
Receive PNM News and Ratings via Email

Sign-up to receive the latest news and ratings for PNM Resources and its competitors with MarketBeat's FREE daily newsletter.


PNM Resources logo

About PNM Resources

PNM Resources, Inc. operates as an investor-owned holding company, which provides electricity and electric services in New Mexico and Texas. It operates through the following segments: Public Service Company of New Mexico (PNM), Texas-New Mexico Power Company (TNMP), and Corporate and Other. The PNM segment includes the retail electric utility operations of the company. The TNMP segment provides transmission and distribution services of electricity in Texas. The Corporate and Other segment consists of holding company activities. The company was founded in 2000 and is headquartered in Albuquerque, NM.

Headlines

See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous

Social Links


MarketRank

Overall MarketRank

1.67 out of 5 stars

Utilities Sector

85th out of 122 stocks

Electric Services Industry

38th out of 54 stocks

Analyst Opinion: 0.9Community Rank: 4.1Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 0.0 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











PNM Resources (NYSE:PNM) Frequently Asked Questions

Is PNM Resources a buy right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PNM Resources in the last year. There are currently 2 sell ratings and 6 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" PNM Resources stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PNM, but not buy additional shares or sell existing shares.
View analyst ratings for PNM Resources
or view top-rated stocks.

What stocks does MarketBeat like better than PNM Resources?

Wall Street analysts have given PNM Resources a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but PNM Resources wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting PNM Resources?

PNM Resources saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 3,350,000 shares, an increase of 37.3% from the August 15th total of 2,440,000 shares. Based on an average trading volume of 615,100 shares, the days-to-cover ratio is currently 5.4 days. Approximately 4.0% of the company's stock are short sold.
View PNM Resources' Short Interest
.

When is PNM Resources' next earnings date?

PNM Resources is scheduled to release its next quarterly earnings announcement on Friday, October 29th 2021.
View our earnings forecast for PNM Resources
.

How were PNM Resources' earnings last quarter?

PNM Resources, Inc. (NYSE:PNM) released its quarterly earnings results on Friday, July, 30th. The utilities provider reported $0.55 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.46 by $0.09. The utilities provider had revenue of $426.54 million for the quarter, compared to analysts' expectations of $345.08 million. PNM Resources had a net margin of 12.46% and a trailing twelve-month return on equity of 9.79%. The business's revenue for the quarter was up 19.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.55 EPS.
View PNM Resources' earnings history
.

How has PNM Resources' stock price been impacted by Coronavirus?

PNM Resources' stock was trading at $45.65 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, PNM stock has increased by 8.6% and is now trading at $49.57.
View which stocks have been most impacted by COVID-19
.

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

PNM Resources announced a quarterly dividend on Thursday, September 23rd. Stockholders of record on Monday, November 1st will be given a dividend of $0.3275 per share on Friday, November 12th. This represents a $1.31 dividend on an annualized basis and a dividend yield of 2.64%. The ex-dividend date is Friday, October 29th. This is an increase from PNM Resources's previous quarterly dividend of $0.33.
View PNM Resources' dividend history
.

Is PNM Resources a good dividend stock?

PNM Resources pays an annual dividend of $1.31 per share and currently has a dividend yield of 2.65%. PNM Resources does not yet have a strong track record of dividend growth. The dividend payout ratio of PNM Resources is 57.46%. This payout ratio is at a healthy, sustainable level, below 75%.
View PNM Resources' dividend history.

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

PNM Resources issued an update on its FY 2021 earnings guidance on Friday, August, 6th. The company provided EPS guidance of $2.270-$2.370 for the period, compared to the Thomson Reuters consensus estimate of $2.320. The company issued revenue guidance of -.

What price target have analysts set for PNM?

8 equities research analysts have issued 1-year target prices for PNM Resources' shares. Their forecasts range from $50.00 to $52.00. On average, they anticipate PNM Resources' stock price to reach $50.75 in the next twelve months. This suggests a possible upside of 2.4% from the stock's current price.
View analysts' price targets for PNM Resources
or view top-rated stocks among Wall Street analysts.

Who are PNM Resources' key executives?

PNM Resources' management team includes the following people:
  • Patricia K. Vincent-Collawn, Chairman, President & Chief Executive Officer
  • Joseph D. Tarry, Chief Financial Officer & Senior Vice President
  • Mike Mertz, Chief Information Officer & Vice President
  • Patrick V. Apodaca, Secretary, Senior Vice President & General Counsel
  • Elisabeth A Eden, Treasurer & Vice President

What is Patricia K. (Pat) Vincent-Collawn's approval rating as PNM Resources' CEO?

18 employees have rated PNM Resources CEO Patricia K. (Pat) Vincent-Collawn on Glassdoor.com. Patricia K. (Pat) Vincent-Collawn has an approval rating of 45% among PNM Resources' employees. This puts Patricia K. (Pat) Vincent-Collawn in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

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 AbbVie (ABBV), PepsiCo (PEP), Altria Group (MO), Pfizer (PFE), AT&T (T), Exxon Mobil (XOM), Abbott Laboratories (ABT), Emerson Electric (EMR), Target (TGT) and Colgate-Palmolive (CL).

What is PNM Resources' stock symbol?

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

Who are PNM Resources' major shareholders?

PNM Resources' stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.94%), Vanguard Group Inc. (10.13%), Millennium Management LLC (3.35%), Magnetar Financial LLC (3.25%), Gabelli Funds LLC (3.10%) and State Street Corp (3.06%).
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 Wells Fargo & Company MN, Healthcare of Ontario Pension Plan Trust Fund, Citigroup Inc., Magnetar Financial LLC, Gamco Investors INC. ET AL, Goldman Sachs Group Inc., Franklin Resources Inc., and Royal Bank of Canada.
View insider buying and selling activity for PNM Resources
or view top insider-selling stocks.

Which major investors are buying PNM Resources stock?

PNM stock was bought by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Melqart Asset Management UK Ltd, Westchester Capital Management LLC, Millennium Management LLC, Carlson Capital L P, Deutsche Bank AG, Weiss Multi Strategy Advisers LLC, and Grantham Mayo Van Otterloo & Co. LLC.
View insider buying and selling activity for PNM Resources
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is PNM Resources' stock price today?

One share of PNM stock can currently be purchased for approximately $49.57.

How much money does PNM Resources make?

PNM Resources has a market capitalization of $4.25 billion and generates $1.52 billion in revenue each year. The utilities provider earns $173.30 million in net income (profit) each year or $2.28 on an earnings per share basis.

How many employees does PNM Resources have?

PNM Resources employs 1,708 workers across the globe.

When was PNM Resources founded?

PNM Resources was founded in 1917.

What is PNM Resources' official website?

The official website for PNM Resources is www.pnmresources.com.

Where are PNM Resources' headquarters?

PNM Resources is headquartered at 414 SILVER AVE. SW, ALBUQUERQUE NM, 87102.

How can I contact PNM Resources?

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].


This page was last updated on 9/27/2021 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.