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PNM Resources Stock Price, News & Analysis (NYSE:PNM)

$52.03
+0.60 (+1.17 %)
(As of 10/18/2019 04:00 PM ET)
Today's Range
$51.23
Now: $52.03
$52.12
50-Day Range
$49.10
MA: $51.29
$52.92
52-Week Range
$37.67
Now: $52.03
$52.98
Volume297,070 shs
Average Volume351,379 shs
Market Capitalization$4.14 billion
P/E Ratio26.02
Dividend Yield2.26%
Beta0.21
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. Read More…

Industry, Sector and Symbol

Industry Electric services
Sub-IndustryElectric Utilities
SectorUtilities
CUSIP69349H10
Phone505-241-2700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.44 billion
Cash Flow$5.54 per share
Book Value$22.00 per share

Profitability

Net Income$86.17 million

Miscellaneous

Employees1,692
Market Cap$4.14 billion
Next Earnings Date11/1/2019 (Confirmed)
OptionableOptionable

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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 Tuesday, September 24th. Stockholders of record on Friday, November 1st will be paid a dividend of $0.29 per share on Friday, November 15th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.23%. The ex-dividend date of this dividend is Thursday, October 31st. View PNM Resources' Dividend History.

How were PNM Resources' earnings last quarter?

PNM Resources Inc (NYSE:PNM) released its earnings results on Friday, August, 2nd. The utilities provider reported $0.37 earnings per share for the quarter, hitting analysts' consensus estimates of $0.37. The utilities provider earned $330.23 million during the quarter. PNM Resources had a negative net margin of 1.69% and a positive return on equity of 8.08%. 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, November 1st 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, November 1st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What guidance has PNM Resources issued on next quarter's earnings?

PNM Resources issued an update on its FY19 earnings guidance on Friday, August, 2nd. The company provided EPS guidance of $2.05-2.11 for the period, compared to the Thomson Reuters consensus estimate of $2.09.

What price target have analysts set for PNM?

7 equities research analysts have issued twelve-month price objectives for PNM Resources' shares. Their predictions range from $49.00 to $56.00. On average, they anticipate PNM Resources' stock price to reach $52.33 in the next twelve months. This suggests a possible upside of 0.6% from the stock's current price. 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 2 sell ratings, 3 hold ratings and 2 buy 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 headlines about PNM stock have trended somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of 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 -1.5 on InfoTrie's scale. They also assigned media stories about the utilities provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for PNM Resources.

Are investors shorting PNM Resources?

PNM Resources saw a drop in short interest during the month of September. As of September 30th, there was short interest totalling 1,120,000 shares, a drop of 5.1% from the August 30th total of 1,180,000 shares. Based on an average trading volume of 368,200 shares, the days-to-cover ratio is currently 3.0 days. Approximately 1.4% of the company's stock are sold short. View PNM Resources' Current Options Chain.

Who are some of PNM Resources' key competitors?

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 PepsiCo (PEP), Emerson Electric (EMR), Altria Group (MO), Malibu Boats (MBUU), Envision Healthcare (EVHC), Jagged Peak Energy (JAG), Oshkosh (OSK), GVC (GVC), Adobe (ADBE) and Avrobio (AVRO).

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. Charles N. Eldred MBA, Exec. VP & CFO (Age 65)
  • Mr. Patrick V. Apodaca, Sr. VP, Gen. Counsel & Sec. (Age 67)
  • Mr. Ronald N. Darnell, Sr. VP of Public Policy (Age 61)
  • Mr. Chris M. Olson, Sr. VP of Utility Operations (Age 61)

Who are PNM Resources' major shareholders?

PNM Resources' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Crow Point Partners LLC (0.91%), Copper Rock Capital Partners LLC (0.38%), Smith Graham & Co. Investment Advisors LP (0.18%), Miller Howard Investments Inc. NY (0.07%), Nisa Investment Advisors LLC (0.06%) and Cambiar Investors LLC (0.06%). 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 Copper Rock Capital Partners LLC, Cambiar Investors LLC and Pacer Advisors 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 major investors are buying PNM Resources stock?

PNM stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Campbell & CO Investment Adviser LLC, Miller Howard Investments Inc. NY, Contravisory Investment Management Inc., Nisa Investment Advisors LLC, Crow Point Partners LLC and Smith Graham & Co. Investment Advisors LP. 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, Robinhood, Fidelity and Charles Schwab.

What is PNM Resources' stock price today?

One share of PNM stock can currently be purchased for approximately $52.03.

How big of a company is PNM Resources?

PNM Resources has a market capitalization of $4.14 billion and generates $1.44 billion in revenue each year. The utilities provider earns $86.17 million in net income (profit) each year or $2.00 on an earnings per share basis. PNM Resources employs 1,692 workers across the globe.View Additional Information About PNM Resources.

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 (star star)
Outperform Votes:  350 (Vote Outperform)
Underperform Votes:  418 (Vote Underperform)
Total Votes:  768
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 10/19/2019 by MarketBeat.com Staff

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