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This company has been marked as potentially delisted and may not be actively trading.

NYSE:PNM

PNM Resources (PNM) Stock Price, News & Analysis

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About PNM Resources Stock (NYSE:PNM)

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Key Stats

Today's Range
N/A
50-Day Range
$35.65
$42.19
52-Week Range
N/A
Volume
512,300 shs
Average Volume
1.07 million shs
Market Capitalization
$3.77 billion
P/E Ratio
45.90
Dividend Yield
3.67%
Price Target
$45.50
Consensus Rating
Buy

Company Overview

PNM Resources Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
58th Percentile Overall Score

PNM MarketRank™: 

PNM Resources scored higher than 58% of companies evaluated by MarketBeat, and ranked 64th out of 98 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    PNM Resources has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    PNM Resources has received no research coverage in the past 90 days.

  • Read more about PNM Resources' stock forecast and price target.
  • Earnings Growth

    Earnings for PNM Resources are expected to grow by 3.68% in the coming year, from $2.72 to $2.82 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of PNM Resources is 45.90, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.84.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of PNM Resources is 45.90, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 20.08.

  • Short Interest

    There is no current short interest data available for PNM.
  • Dividend Leadership

    PNM Resources is a leading dividend payer. It pays a dividend yield of 3.67%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    PNM Resources has been increasing its dividend for 13 years.

  • Dividend Coverage

    The dividend payout ratio of PNM Resources is 170.33%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on earnings estimates, PNM Resources will have a dividend payout ratio of 54.96% next year. This indicates that PNM Resources will be able to sustain or increase its dividend.

  • Read more about PNM Resources' dividend.
  • Short Interest

    There is no current short interest data available for PNM.
  • Search Interest

    2 people have searched for PNM on MarketBeat in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, PNM Resources insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 1.36% of the stock of PNM Resources is held by insiders.

  • Percentage Held by Institutions

    91.68% of the stock of PNM Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about PNM Resources' insider trading history.
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PNM Stock News Headlines

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See More Headlines

PNM Stock Analysis - Frequently Asked Questions

PNM Resources, Inc. (NYSE:PNM) issued its quarterly earnings data on Wednesday, July, 31st. The utilities provider reported $0.60 EPS for the quarter, beating analysts' consensus estimates of $0.55 by $0.05. The company's revenue for the quarter was up 2.3% on a year-over-year basis.

Based on aggregate information from My MarketBeat watchlists, some other companies that PNM Resources investors own include JPMorgan Chase & Co. (JPM), Tesla (TSLA), Meta Platforms (META), NVIDIA (NVDA), Advanced Micro Devices (AMD), Visa (V) and Home Depot (HD).

Company Calendar

Last Earnings
7/31/2024
Today
7/12/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Utilities
Industry
Electric services
Sub-Industry
Electric Utilities
Current Symbol
NYSE:PNM
CIK
1108426
Employees
1,635
Year Founded
1917

Price Target and Rating

High Price Target
$46.00
Low Price Target
$45.00
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

EPS (Trailing Twelve Months)
$0.91
Trailing P/E Ratio
45.90
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$88.35 million
Net Margins
4.50%
Pretax Margin
3.34%
Return on Equity
10.15%
Return on Assets
2.36%

Debt

Debt-to-Equity Ratio
1.81
Current Ratio
0.37
Quick Ratio
0.27

Sales & Book Value

Annual Sales
$1.84 billion
Price / Sales
0.00
Cash Flow
N/A
Price / Cash Flow
6.37
Book Value
$26.60 per share
Price / Book
N/A

Miscellaneous

Outstanding Shares
90,200,000
Free Float
88,973,000
Market Cap
$3.77 billion
Optionable
Optionable
Beta
0.35

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This page (NYSE:PNM) was last updated on 7/12/2025 by MarketBeat.com Staff
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