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 declared 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 2.74%. The ex-dividend date of this dividend is Tuesday, May 1st. View PNM Resources' Dividend History.

PNM Resources (NYSE:PNM) posted its quarterly earnings data on Friday, April, 27th. The utilities provider reported $0.21 EPS for the quarter, meeting the consensus estimate of $0.21. The utilities provider earned $317.88 million during the quarter, compared to the consensus estimate of $257.44 million. PNM Resources had a return on equity of 8.41% and a net margin of 5.03%. During the same period in the previous year, the business 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 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.

12 Wall Street analysts have issued 1-year price objectives for PNM Resources' shares. Their forecasts range from $36.00 to $43.00. On average, they anticipate PNM Resources' share price to reach $38.8091 in the next year. View Analyst Ratings for PNM Resources.

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

Media headlines about PNM stock have been trending somewhat negative on Wednesday, according to Accern Sentiment Analysis. The research group scores 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 negative one to one, with scores nearest to one being the most favorable. PNM Resources earned a coverage optimism score of -0.02 on Accern's scale. They also assigned news articles about the utilities provider an impact score of 40.10 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

PNM Resources' stock is owned by many different of institutional and retail investors. Top institutional shareholders 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 bought 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 $38.65.

PNM Resources has a market capitalization of $2.93 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]