NYSE:PNM - PNM Resources Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $47.44 +0.27 (+0.57 %) (As of 03/19/2019 04:39 AM ET)Previous Close$47.17Today's Range$46.95 - $47.6752-Week Range$34.95 - $47.67Volume387,927 shsAverage Volume428,152 shsMarket Capitalization$3.78 billionP/E Ratio23.72Dividend Yield2.46%Beta0.28 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, 2018, this segment had owned or leased facilities with a total net generation capacity of 2,102 megawatts; and owned 3,206 miles of electric transmission lines, 6,067 miles of distribution overhead lines, 5,885 miles of underground distribution lines, and 255 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, 2018, this segment owned 997 miles of overhead electric transmission lines, 7,151 miles of overhead distribution lines, 1,260 miles of underground distribution lines, and 122 substations. It also owns and leases vehicles, service facilities, and office locations throughout its service territory. The company serves approximately 782,000 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 N/A Sub-IndustryElectric Utilities SectorUtilities Current SymbolNYSE:PNM Previous Symbol CUSIP69349H10 CIK1108426 Webwww.pnmresources.com Phone505-241-2700Debt Debt-to-Equity Ratio1.52 Current Ratio0.59 Quick Ratio0.45Price-To-Earnings Trailing P/E Ratio23.72 Forward P/E Ratio22.07 P/E Growth4.74 Sales & Book Value Annual Sales$1.44 billion Price / Sales2.63 Cash Flow$5.4971 per share Price / Cash Flow8.63 Book Value$22.00 per share Price / Book2.16Profitability EPS (Most Recent Fiscal Year)$2.00 Net Income$85.64 million Net Margins5.98% Return on Equity9.00% Return on Assets2.36%Miscellaneous Employees1,699 Outstanding Shares79,654,000Market Cap$3.78 billion Next Earnings Date4/26/2019 (Estimated) 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, February 22nd. Stockholders of record on Thursday, May 2nd will be given a dividend of $0.29 per share on Thursday, May 16th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.45%. The ex-dividend date of this dividend is Wednesday, May 1st. View PNM Resources' Dividend History. How were PNM Resources' earnings last quarter? PNM Resources Inc (NYSE:PNM) released its earnings results on Wednesday, February, 27th. The utilities provider reported $0.18 EPS for the quarter, beating analysts' consensus estimates of $0.17 by $0.01. PNM Resources had a return on equity of 9.00% and a net margin of 5.98%. During the same period last year, the company posted $0.24 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 Friday, April 26th 2019. View Earnings Estimates for PNM Resources. How can I listen to PNM Resources' earnings call? PNM Resources will be holding an earnings conference call on Friday, May 3rd at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link. What guidance has PNM Resources issued on next quarter's earnings? PNM Resources updated its FY 2019 earnings guidance on Monday, March, 18th. The company provided earnings per share (EPS) guidance of $2.10-2.18 for the period, compared to the Thomson Reuters consensus estimate of $2.14. What price target have analysts set for PNM? 5 Wall Street analysts have issued 1-year price objectives for PNM Resources' stock. Their predictions range from $37.00 to $45.00. On average, they expect PNM Resources' stock price to reach $41.50 in the next year. This suggests that the stock has a possible downside of 12.5%. View Analyst Price Targets for PNM Resources. What is the consensus analysts' recommendation for PNM Resources? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PNM Resources in the last year. There are currently 2 sell ratings and 3 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? News stories about PNM stock have been trending very negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. PNM Resources earned a media sentiment score of -3.4 on InfoTrie's scale. They also gave headlines about the utilities provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the immediate future. Who are some of PNM Resources' key competitors? Some companies that are related to PNM Resources include Evergy (EVRG), AGL Energy (AGL), Brookfield Infrastructure Partners (BIP), RWE (RWE), EDP-Energias de Portugal, S.A (EDPFY), Telecom Italia (TI), Koninklijke KPN (KKPNY), Veolia Environnement (VEOEY), SSE (SSE), TERNA RETE ELET/ADR (TEZNY), CENTRAIS ELETRI/S (EBR), Vistra Energy (VST), Hydro One (H), AES (AES) and Atmos Energy (ATO). 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 Emerson Electric (EMR), Altria Group (MO), L3 Technologies (LLL), Malibu Boats (MBUU), Oshkosh (OSK), Allstate (ALL), Snap (SNAP), PepsiCo (PEP), National Bank of Canada (NA) and Campbell Soup (CPB). Who are PNM Resources' key executives? PNM Resources' management team includes the folowing people: Ms. Patricia K. Vincent-Collawn, Chairman, Pres & CEO (Age 60)Mr. C. N. Eldred, Exec. VP & CFOMr. Patrick V. Apodaca, Sr. VP, Gen. Counsel & Sec. (Age 67)Mr. Ronald N. Darnell, Sr. VP of Public Policy (Age 61)Mr. Joseph D. Tarry, VP of Fin., Treasurer & Corp. Controller (Age 49) Who are PNM Resources' major shareholders? PNM Resources' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.10%), Gabelli Funds LLC (3.76%), Northern Trust Corp (2.71%), Gamco Investors INC. ET AL (2.63%), Dimensional Fund Advisors LP (2.20%) and Principal Financial Group Inc. (1.80%). 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 Principal Financial Group Inc., Prudential PLC, Canada Pension Plan Investment Board, Dean Investment Associates LLC, Deroy & Devereaux Private Investment Counsel Inc., James Investment Research Inc., Gamco Investors INC. ET AL and Victory Capital Management Inc.. Company insiders that have sold PNM Resources company stock in the last year include Charles N Eldred, Joseph Don Tarry and Patrick V Apodaca. 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 Oregon Public Employees Retirement Fund, Millennium Management LLC, Copper Rock Capital Partners LLC, BlackRock Inc., Rhumbline Advisers, Geode Capital Management LLC, Geode Capital Management LLC and American Century Companies Inc.. 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 $47.44. How big of a company is PNM Resources? PNM Resources has a market capitalization of $3.78 billion and generates $1.44 billion in revenue each year. The utilities provider earns $85.64 million in net income (profit) each year or $2.00 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 AVENUE 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: 316 (Vote Outperform)Underperform Votes: 371 (Vote Underperform)Total Votes: 687MarketBeat'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 3/19/2019 by MarketBeat.com StaffFeatured Article: What causes a recession?