NYSE:PNM - PNM Resources Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $40.65 +0.30 (+0.74 %) (As of 08/19/2018 04:00 PM ET)Previous Close$40.65Today's Range$40.25 - $40.9552-Week Range$33.75 - $46.00Volume408,050 shsAverage Volume566,686 shsMarket Capitalization$3.17 billionP/E Ratio20.95Dividend Yield2.65%Beta0.23 Company ProfileAnalyst RatingsChartDividend HistoryEarnings HistoryFinancialsInsider TradesHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email PNM Resources, Inc., through its subsidiaries, engages in the energy and energy-related businesses in the United States. It operates through Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP) segments. The PNM segment is primarily involved in the generation, transmission, and distribution of electricity. It generates electricity using coal, natural gas and oil, nuclear fuel, solar, wind, and geothermal energy sources. As of December 31, 2017, this segment had owned or leased facilities with a total net generation capacity of 2,102 megawatts; and owned 3,200 miles of electric transmission lines, 6,063 miles of distribution overhead lines, 5,828 miles of underground distribution lines, and 254 substations. It also owns and leases office and other equipment, office space, vehicles, and real estate. The TNMP segment provides regulated transmission and distribution services. As of December 31, 2017, this segment owned 978 miles of overhead electric transmission lines, 7,111 miles of overhead distribution lines, 1,241 miles of underground distribution lines, and 116 substations. It also owns and leases vehicles, service facilities, and office locations throughout its service territory. The company serves approximately 773,000 residential, commercial, and industrial customers, as well as end-users of electricity in New Mexico and Texas. PNM Resources, Inc. was founded in 1917 and is headquartered in Albuquerque, New Mexico. Receive PNM News and Ratings via Email Sign-up to receive the latest news and ratings for PNM and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NYSE Industry Electric services Sub-IndustryElectric Utilities SectorUtilities SymbolNYSE:PNM CUSIP69349H10 Webwww.pnmresources.com Phone505-241-2700 Debt Debt-to-Equity Ratio1.19 Current Ratio0.34 Quick Ratio0.27 Price-To-Earnings Trailing P/E Ratio20.95 Forward P/E Ratio20.95 P/E Growth4.43 Sales & Book Value Annual Sales$1.45 billion Price / Sales2.24 Cash Flow$5.4272 per share Price / Cash7.49 Book Value$22.11 per share Price / Book1.84 Profitability EPS (Most Recent Fiscal Year)$1.94 Net Income$80.40 million Net Margins5.12% Return on Equity8.58% Return on Assets2.29% Miscellaneous Employees1,699 Outstanding Shares79,650,000Market Cap$3.17 billion PNM Resources (NYSE:PNM) Frequently Asked Questions What is PNM Resources' stock symbol? PNM Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "PNM." How often does PNM Resources pay dividends? What is the dividend yield for PNM Resources? PNM Resources declared a quarterly dividend on Friday, July 27th. Shareholders of record on Monday, August 6th will be paid a dividend of $0.265 per share on Friday, August 17th. This represents a $1.06 dividend on an annualized basis and a dividend yield of 2.61%. The ex-dividend date is Friday, August 3rd. View PNM Resources' Dividend History. How were PNM Resources' earnings last quarter? PNM Resources Inc (NYSE:PNM) released its quarterly earnings data on Tuesday, July, 31st. The utilities provider reported $0.53 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.43 by $0.10. The utilities provider had revenue of $352.30 million for the quarter, compared to the consensus estimate of $362.10 million. PNM Resources had a return on equity of 8.58% and a net margin of 5.12%. The business's revenue for the quarter was down 2.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.49 EPS. View PNM Resources' Earnings History. When is PNM Resources' next earnings date? PNM Resources is scheduled to release their next quarterly earnings announcement on Friday, October, 26th 2018. View Earnings Estimates for PNM Resources. What guidance has PNM Resources issued on next quarter's earnings? PNM Resources updated its FY19 earnings guidance on Tuesday, July, 31st. The company provided earnings per share (EPS) guidance of $2.08-$2.18 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.08. PNM Resources also updated its FY18 guidance to $1.91-$1.98 EPS. What price target have analysts set for PNM? 11 Wall Street analysts have issued 1-year price targets for PNM Resources' stock. Their predictions range from $36.00 to $43.00. On average, they anticipate PNM Resources' stock price to reach $38.15 in the next year. This suggests that the stock has a possible downside of 6.2%. View Analyst Price Targets for PNM Resources. What is the consensus analysts' recommendation for PNM Resources? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PNM Resources in the last year. There are currently 5 sell ratings and 6 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for PNM Resources. Who are some of PNM Resources' key competitors? Some companies that are related to PNM Resources include CenterPoint Energy (CNP), Vistra Energy (VST), RED ELECTRICA C/ADR (RDEIY), CENTRICA PLC/S (CPYYY), NRG Energy (NRG), Huaneng Power International (HNP), Enel Americas (ENIA), Pinnacle West Capital (PNW), CHINA RESOURES/ADR (CRPJY), OGE Energy (OGE), Great Plains Energy (GXP), ENGIE BRASIL EN/S (EGIEY), Enel Generacion Chile (EOCC), Brookfield Renewable Partners (BEP) and CPFL Energia (CPL). Who are PNM Resources' key executives? PNM Resources' management team includes the folowing people: Ms. Patricia K. Vincent-Collawn, Chairman, Pres & CEO (Age 59)Mr. Charles N. Eldred MBA, Exec. VP & CFO (Age 64)Mr. Patrick V. Apodaca, Sr. VP, Gen. Counsel & Sec. (Age 66)Mr. Ronald N. Darnell, Sr. VP of Public Policy (Age 60)Mr. Joseph Don Tarry, VP of Fin. & Corp. Controller (Age 48) Has PNM Resources been receiving favorable news coverage? News stories about PNM stock have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by analyzing more than 20 million news and blog sources. 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 news impact score of 0.20 on Accern's scale. They also gave news articles about the utilities provider an impact score of 48.06 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future. View Recent Headlines for PNM Resources. Who are PNM Resources' major shareholders? PNM Resources' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.65%), Renaissance Technologies LLC (2.89%), Gamco Investors INC. ET AL (2.80%), Dimensional Fund Advisors LP (2.16%), Victory Capital Management Inc. (1.51%) and Millennium Management LLC (1.34%). 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. Which institutional investors are selling PNM Resources stock? PNM stock was sold by a variety of institutional investors in the last quarter, including Covalis Capital LLP, Wells Fargo & Company MN, Bank of New York Mellon Corp, First Trust Advisors LP, Verition Fund Management LLC, Dupont Capital Management Corp, BlueMountain Capital Management LLC and Cambiar Investors LLC. Company insiders that have sold PNM Resources company stock in the last year include Charles N Eldred, Joseph Don Tarry and Ronald N Darnell. View Insider Buying and Selling for PNM Resources. Which institutional investors are buying PNM Resources stock? PNM stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Millennium Management LLC, BNP Paribas Arbitrage SA, Federated Investors Inc. PA, Caisse DE Depot ET Placement DU Quebec, Martingale Asset Management L P, Victory Capital Management Inc. and FMR LLC. View Insider Buying and Selling for PNM Resources. 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab. What is PNM Resources' stock price today? One share of PNM stock can currently be purchased for approximately $40.65. How big of a company is PNM Resources? PNM Resources has a market capitalization of $3.17 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. How can I contact PNM Resources? PNM Resources' mailing address is 414 SILVER AVE. SW, ALBUQUERQUE NM, 87102-3289. The utilities provider can be reached via phone at 505-241-2700 or via email at [email protected] MarketBeat Community Rating for PNM Resources (NYSE PNM)Community Ranking: 2.3 out of 5 ( )Outperform Votes: 287 (Vote Outperform)Underperform Votes: 341 (Vote Underperform)Total Votes: 628MarketBeat's community ratings are surveys of what our community members think about PNM Resources and other stocks. Vote "Outperform" if you believe PNM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PNM will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 8/19/2018 by MarketBeat.com StaffFeatured Article: Dividend Stocks - Are They Right For You?