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NYSE:TXNM

TXNM Energy (TXNM) Stock Price, News & Analysis

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$58.66 +0.04 (+0.06%)
As of 12:38 PM Eastern
This is a fair market value price provided by Massive. Learn more.

About TXNM Energy Stock (NYSE:TXNM)

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Key Stats

Today's Range
$58.58
$58.74
50-Day Range
$57.13
$58.67
52-Week Range
$55.64
$59.53
Volume
405,295 shs
Average Volume
1.34 million shs
Market Capitalization
$6.46 billion
P/E Ratio
32.41
Dividend Yield
2.88%
Price Target
$61.25
Consensus Rating
Hold

Company Overview

TXNM Energy Inc. (NYSE: TXNM) is an energy holding company that owns regulated electric utilities serving customers in New Mexico and Texas. Its principal operating companies are Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP).

PNM provides electricity generation, transmission and distribution services in New Mexico, while TNMP operates an electric transmission and distribution network in several regions of Texas. The company’s operations support residential, commercial and industrial customers and include a mix of conventional and renewable power resources.

TXNM Energy was formerly known as PNM Resources and adopted its current name and ticker symbol in 2025. Through its regulated utility subsidiaries, the company focuses on delivering reliable electricity, maintaining and modernizing grid infrastructure, and advancing cleaner energy resources in the communities it serves.

AI Generated. May Contain Errors.

TXNM Energy Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
33rd Percentile Overall Score

TXNM MarketRank™: 

TXNM Energy scored higher than 33% of companies evaluated by MarketBeat, and ranked 87th out of 96 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    TXNM Energy has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, no buy ratings, 3 hold ratings, and no sell ratings.

  • Upside/Downside

    The consensus price target for TXNM Energy is close to its current price, suggesting limited near-term upside or downside.

  • Amount of Analyst Coverage

    TXNM Energy has only been the subject of 1 research reports in the past 90 days.

  • Read more about TXNM Energy's stock forecast and price target.
  • Earnings Growth

    Earnings for TXNM Energy are expected to grow by 11.73% in the coming year, from $3.07 to $3.43 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of TXNM Energy is 32.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.05.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of TXNM Energy is 32.42, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 24.17.

  • Price to Earnings Growth Ratio

    TXNM Energy has a PEG Ratio of 2.53. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    TXNM Energy has a P/B Ratio of 1.85. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about TXNM Energy's valuation and earnings.
  • Percentage of Shares Shorted

    5.85% of the float of TXNM Energy has been sold short.
  • Short Interest Ratio / Days to Cover

    TXNM Energy has a short interest ratio ("days to cover") of 7.45.
  • Change versus previous month

    Short interest in TXNM Energy has recently increased by 2.81%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    TXNM Energy pays a meaningful dividend of 2.89%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    TXNM Energy does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of TXNM Energy is 93.37%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on earnings estimates, TXNM Energy will have a dividend payout ratio of 49.27% next year. This indicates that TXNM Energy will be able to sustain or increase its dividend.

  • Read more about TXNM Energy's dividend.
  • News Sentiment

    TXNM Energy has a news sentiment score of 0.41. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.60 average news sentiment score of Utilities companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for TXNM Energy this week, compared to 2 articles on an average week.
  • Search Interest

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

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

  • Percentage Held by Insiders

    1.07% of the stock of TXNM Energy is held by insiders.

  • Percentage Held by Institutions

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

  • Read more about TXNM Energy's insider trading history.
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TXNM Stock News Headlines

TXNM Energy Board Declares Quarterly Common Stock Dividend
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See More Headlines

TXNM Stock Analysis - Frequently Asked Questions

TXNM Energy's stock was trading at $58.88 at the beginning of 2026. Since then, TXNM shares have decreased by 0.3% and is now trading at $58.7080.

TXNM Energy, Inc. (NYSE:TXNM) issued its earnings results on Friday, July, 31st. The company reported $0.58 EPS for the quarter, beating the consensus estimate of $0.56 by $0.02. The business earned $548.55 million during the quarter, compared to the consensus estimate of $567 million. TXNM Energy had a net margin of 9.04% and a trailing twelve-month return on equity of 8.11%.

TXNM Energy's top institutional investors include Pentwater Capital Management LP (6.30%), Governors Lane LP (0.98%), Hsbc Holdings PLC (0.86%) and Hsbc Holdings PLC (0.86%).
View institutional ownership trends
.

Shares of TXNM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that TXNM Energy investors own include iShares Micro-Cap ETF (IWC), The RMR Group (RMR), Waste Connections (WCN), DiamondRock Hospitality (DRH), AUO (AUOTY), American Water Works (AWK) and Triple Flag Precious Metals (TFPM).

Company Calendar

Last Earnings
7/31/2026
Record date for 8/14 Dividend
8/03/2026
Ex-Dividend for 8/14 Dividend
8/03/2026
Dividend Payable
8/14/2026
Today
9/23/2026
Record date for 11/13 Dividend
10/23/2026
Ex-Dividend for 11/13 Dividend
10/23/2026
Next Earnings (Estimated)
10/30/2026
Dividend Payable
11/13/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Utilities
Industry
Electric Utilities
Sub-Industry
Electric Utilities
Current Symbol
NYSE:TXNM
Previous Symbol
NYSE:TXNM
CIK
1108426
Employees
1,700
Year Founded
1917

Price Target and Rating

High Price Target
$61.25
Low Price Target
$61.25
Potential Upside/Downside
+4.5%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

EPS (Trailing Twelve Months)
$1.81
Trailing P/E Ratio
32.37
Forward P/E Ratio
19.09
P/E Growth
2.53
Net Income
$151.89 million
Net Margins
9.04%
Pretax Margin
10.50%
Return on Equity
8.11%
Return on Assets
2.34%

Debt

Debt-to-Equity Ratio
1.44
Current Ratio
0.56
Quick Ratio
0.39

Sales & Book Value

Annual Sales
$2.17 billion
Price / Sales
2.98
Cash Flow
$6.64 per share
Price / Cash Flow
8.83
Book Value
$31.66 per share
Price / Book
1.85

Miscellaneous

Outstanding Shares
110,130,000
Free Float
108,948,000
Market Cap
$6.45 billion
Optionable
Optionable
Beta
0.17

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This page (NYSE:TXNM) was last updated on 9/23/2026 by MarketBeat.com Staff.
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