NYSE:PNM - PNM Resources Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $44.70 +0.29 (+0.65 %) (As of 12/13/2018 04:00 PM ET)Previous Close$44.41Today's Range$44.39 - $45.3552-Week Range$33.75 - $45.35Volume562,600 shsAverage Volume517,005 shsMarket Capitalization$3.53 billionP/E Ratio23.04Dividend Yield2.39%Beta0.2 ProfileDiscussionAnalyst RatingsChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions 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 Current SymbolNYSE:PNM Previous Symbol CUSIP69349H10 Webwww.pnmresources.com Phone505-241-2700 Debt Debt-to-Equity Ratio1.17 Current Ratio0.37 Quick Ratio0.29 Price-To-Earnings Trailing P/E Ratio23.04 Forward P/E Ratio22.69 P/E Growth4.79 Sales & Book Value Annual Sales$1.45 billion Price / Sales2.46 Cash Flow$5.3597 per share Price / Cash Flow8.34 Book Value$22.11 per share Price / Book2.02 Profitability EPS (Most Recent Fiscal Year)$1.94 Net Income$80.40 million Net Margins6.08% Return on Equity9.25% Return on Assets2.45% Miscellaneous Employees1,699 Outstanding Shares79,650,000Market Cap$3.53 billion OptionableOptionable 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, December 7th. Shareholders of record on Friday, February 1st will be given a dividend of $0.29 per share on Friday, February 15th. This represents a $1.16 annualized dividend and a dividend yield of 2.60%. The ex-dividend date of this dividend is Thursday, January 31st. This is a boost from PNM Resources's previous quarterly dividend of $0.27. View PNM Resources' Dividend History. How were PNM Resources' earnings last quarter? PNM Resources Inc (NYSE:PNM) released its quarterly earnings data on Tuesday, November, 6th. The utilities provider reported $1.08 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.04 by $0.04. The utilities provider had revenue of $422.67 million for the quarter, compared to analyst estimates of $483.08 million. PNM Resources had a return on equity of 9.25% and a net margin of 6.08%. During the same quarter last year, the company posted $0.93 earnings per share. 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, February 26th 2019. View Earnings Estimates for PNM Resources. What guidance has PNM Resources issued on next quarter's earnings? PNM Resources updated its FY18 earnings guidance on Tuesday, November, 6th. The company provided earnings per share guidance of $1.95-1.98 for the period, compared to the Thomson Reuters consensus estimate of $1.94. PNM Resources also updated its FY 2018 guidance to $1.95-1.98 EPS. What price target have analysts set for PNM? 7 brokerages have issued twelve-month price objectives for PNM Resources' shares. Their forecasts range from $36.00 to $42.00. On average, they expect PNM Resources' share price to reach $38.4286 in the next twelve months. This suggests that the stock has a possible downside of 14.0%. View Analyst Price Targets for PNM Resources. What is the consensus analysts' recommendation for PNM Resources? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PNM Resources in the last year. There are currently 3 sell ratings and 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for PNM Resources. Has PNM Resources been receiving favorable news coverage? Press coverage about PNM stock has been trending somewhat positive recently, InfoTrie reports. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. PNM Resources earned a news sentiment score of 2.0 on InfoTrie's scale. They also gave media headlines about the utilities provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the near term. Who are some of PNM Resources' key competitors? Some companies that are related to PNM Resources include SSE PLC/S (SSEZY), EDP-Energias de Portugal, S.A (EDPFY), NRG Energy (NRG), Vistra Energy (VST), RED ELECTRICA C/ADR (RDEIY), Pinnacle West Capital (PNW), Enel Americas (ENIA), CENTRICA PLC/S (CPYYY), Huaneng Power International (HNP), CENTRAIS ELETRI/S (EBR), CHINA RESOURES/ADR (CRPJY), OGE Energy (OGE), ENGIE BRASIL EN/S (EGIEY), CPFL Energia (CPL) and Algonquin Power & Utilities (AQN). 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) Who are PNM Resources' major shareholders? PNM Resources' stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.88%), Vanguard Group Inc. (11.21%), Vanguard Group Inc (11.21%), Renaissance Technologies LLC (3.12%), Alliancebernstein L.P. (2.93%) and Franklin Resources Inc. (2.77%). 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 Franklin Resources Inc., Prudential Financial Inc., Canada Pension Plan Investment Board, Gamco Investors INC. ET AL, Morgan Stanley, Retirement Systems of Alabama, Wells Fargo & Company MN and Russell Investments Group Ltd.. 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 purchased by a variety of institutional investors in the last quarter, including Clearbridge Investments LLC, Federated Investors Inc. PA, Matarin Capital Management LLC, BlackRock Inc., Renaissance Technologies LLC, Assenagon Asset Management S.A., Alliancebernstein L.P. and AQR Capital Management 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 $44.70. How big of a company is PNM Resources? PNM Resources has a market capitalization of $3.53 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. What is PNM Resources' official website? The official website for PNM Resources is http://www.pnmresources.com. 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 ( )Outperform Votes: 300 (Vote Outperform)Underperform Votes: 359 (Vote Underperform)Total Votes: 659MarketBeat'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 12/13/2018 by MarketBeat.com StaffFeatured Article: Why do companies engage in swaps?