NYSE:PNM - PNM Resources Stock Price, Price Target & More

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$37.95 -0.10 (-0.26 %)
(As of 07/23/2018 01:32 PM ET)
Previous Close$37.90
Today's Range$37.65 - $38.25
52-Week Range$33.75 - $46.00
Volume19,547 shs
Average Volume383,271 shs
Market Capitalization$3.03 billion
P/E Ratio19.43
Dividend Yield2.79%
Beta0.27
PNM Resources logoPNM 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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Electric services
Sub-IndustryElectric Utilities
SectorUtilities
SymbolNYSE:PNM
CUSIP69349H10
Phone505-241-2700

Debt

Debt-to-Equity Ratio1.30
Current Ratio0.35
Quick Ratio0.27

Price-To-Earnings

Trailing P/E Ratio19.43
Forward P/E Ratio20.29
P/E Growth3.98

Sales & Book Value

Annual Sales$1.45 billion
Price / Sales2.09
Cash Flow$5.3003 per share
Price / Cash7.16
Book Value$22.11 per share
Price / Book1.72

Profitability

EPS (Most Recent Fiscal Year)$1.94
Net Income$80.40 million
Net Margins5.03%
Return on Equity8.41%
Return on Assets2.26%

Miscellaneous

Employees1,699
Outstanding Shares79,650,000
Market Cap$3,030.82

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 announced a quarterly dividend on Friday, February 23rd. Shareholders of record on Wednesday, May 2nd will be paid a dividend of $0.265 per share on Wednesday, May 16th. This represents a $1.06 annualized dividend and a yield of 2.81%. The ex-dividend date of this dividend is Tuesday, May 1st. View PNM Resources' Dividend History.

How were PNM Resources' earnings last quarter?

PNM Resources Inc (NYSE:PNM) posted its quarterly earnings results on Friday, April, 27th. The utilities provider reported $0.21 EPS for the quarter, hitting the consensus estimate of $0.21. The utilities provider had revenue of $317.88 million for the quarter, compared to analyst estimates 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 last year, the business earned $0.28 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 Tuesday, July, 31st 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, June, 5th. The company provided EPS 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.

What price target have analysts set for PNM?

13 Wall Street analysts have issued 1 year price objectives for PNM Resources' stock. Their predictions 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 2.4% from the stock's current price. View Analyst Ratings for PNM Resources.

What is the consensus analysts' recommendation 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."

Who are some of PNM Resources' key competitors?

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 headlines about PNM stock have trended somewhat positive on Monday, Accern Sentiment Analysis reports. The research firm scores the sentiment of news coverage by reviewing more than twenty million news and blog sources. 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 0.05 on Accern's scale. They also gave media coverage about the utilities provider an impact score of 44.62 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Who are PNM Resources' major shareholders?

PNM Resources' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include James Investment Research Inc. (0.19%), Cambiar Investors LLC (0.18%), Bank of Montreal Can (0.14%), Nisa Investment Advisors LLC (0.06%), Miller Howard Investments Inc. NY (0.06%) and GWM Advisors LLC (0.05%). 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 major investors are selling PNM Resources stock?

PNM stock was sold by a variety of institutional investors in the last quarter, including Cambiar Investors LLC, James Investment Research Inc., Municipal Employees Retirement System of Michigan, 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.

Which major investors are buying PNM Resources stock?

PNM stock was purchased by a variety of institutional investors in the last quarter, including Fox Run Management L.L.C., Dalton Greiner Hartman Maher & Co., Hartford Investment Management Co., Nisa Investment Advisors LLC and GWM Advisors 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 $37.75.

How big of a company is PNM Resources?

PNM Resources has a market capitalization of $3.03 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. 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 (star star)
Outperform Votes:  278 (Vote Outperform)
Underperform Votes:  335 (Vote Underperform)
Total Votes:  613
MarketBeat'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 7/23/2018 by MarketBeat.com Staff

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