Utilities -
Regulated Electric - NYSE - US
$ 53.34
-3.54 %
$ 4.94 B
Market Cap
19.29
P/E
1. INTRINSIC VALUE
Balance Sheet
TXNM Energy, Inc.
| Current Assets | 499 M |
| Cash & Short-Term Investments | 4.5 M |
| Receivables | 244 M |
| Other Current Assets | 250 M |
| Non-Current Assets | 10.7 B |
| Long-Term Investments | 476 M |
| PP&E | 8.74 B |
| Other Non-Current Assets | 1.5 B |
| Current Liabilities | 1.78 B |
| Accounts Payable | 204 M |
| Short-Term Debt | 1.24 B |
| Other Current Liabilities | 335 M |
| Non-Current Liabilities | 6.84 B |
| Long-Term Debt | 4.57 B |
| Other Non-Current Liabilities | 2.27 B |
EFFICIENCY
Earnings Waterfall
TXNM Energy, Inc.
| Revenue | 1.97 B |
| Cost Of Revenue | 678 M |
| Gross Profit | 1.29 B |
| Operating Expenses | 840 M |
| Operating Income | 453 M |
| Other Expenses | 195 M |
| Net Income | 259 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
TXNM Energy, Inc.
| Net Income | 259 M |
| Depreciation & Amortization | 423 M |
| Capital Expenditures | -1.25 B |
| Stock-Based Compensation | 9.48 M |
| Change in Working Capital | -190 M |
| Others | -189 M |
| Free Cash Flow | -739 M |
Wall Street Analysts Price Targets
TXNM Energy, Inc.
Wall Street analysts predict an average 1-year price target for TXNM of $50.7 , with forecasts ranging from
a
low of
$47 to a high of $53 .
TXNM Lowest Price Target
Wall Street Target
47 USD
-11.89%
TXNM Average Price Target
Wall Street Target
50.7 USD
-5.01%
TXNM Highest Price Target
Wall Street Target
53 USD
-0.64%
4. DIVIDEND
ANALYSIS
0.78%
DIVIDEND YIELD
0.407 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
TXNM Energy, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
111 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
5 months ago
Nov 21, 2024
|
Sell 111 K
USD
|
BECKER NORMAN P.
Director
|
- 2300
|
48.4201 USD |
7. News
TXNM Energy: Profit From Positive Demographics And Data Center Expansion
TXNM Energy, Inc., formerly PNM Resources, serves 825,000 customers in Texas and New Mexico, with New Mexico being the larger market. The company plans to invest $7.8 billion in infrastructure, focusing on Texas due to rising electricity demand from data centers. The company's electric system load is increasing at a 13% CAGR in Texas, positioning it to double by the end of the decade.
seekingalpha.com
- 2 weeks ago
TXNM Energy to Announce 2025 First Quarter Earnings on May 9
ALBUQUERQUE, N.M. , April 10, 2025 /PRNewswire/ -- TXNM Energy, Inc. will announce first quarter 2025 financial results prior to the market opening on Friday, May 9, 2025.
prnewswire.com
- 2 weeks ago
Recommendation to Approve Unopposed Stipulation in PNM 2025 Rate Request
ALBUQUERQUE, N.M. , April 9, 2025 /PRNewswire/ -- The Hearing Examiners of the New Mexico Public Regulation Commission (NMPRC) issued a Certification of Stipulation recommending approval of the unopposed stipulation filed by PNM, a wholly-owned subsidiary of TXNM Energy (NYSE: TXNM), and parties in PNM's 2025 Rate Request application.
prnewswire.com
- 2 weeks ago
Approval of TNMP application for incremental rate base recovery
ALBUQUERQUE, N.M., March 26, 2025 /PRNewswire/ -- TNMP, the wholly-owned Texas subsidiary of TXNM Energy, Inc. (NYSE: TXNM) received approval from the Public Utility Commission of Texas (PUCT) for its recent Transmission Cost of Service (TCOS) application.
prnewswire.com
- 1 month ago
TNMP System Resiliency Plan Approved
ALBUQUERQUE, N.M., March 13, 2025 /PRNewswire/ -- Today, the Public Utility Commission of Texas (PUCT) approved the 2025-2027 System Resiliency Plan filed by TNMP, a wholly-owned subsidiary of TXNM Energy (NYSE: TXNM).
prnewswire.com
- 1 month ago
PNM and parties file Unopposed Stipulation in 2028 Resource Application
ALBUQUERQUE, N.M., March 13, 2025 /PRNewswire/ -- PNM, a wholly-owned subsidiary of TXNM Energy (NYSE: TXNM), and intervening parties in its 2028 Resource Application filed an unopposed comprehensive stipulation with the New Mexico Public Regulation Commission (NMPRC).
prnewswire.com
- 1 month ago
TXNM Energy to Meet with Investors
2025 ongoing earnings guidance to be affirmed during meetings ALBUQUERQUE, N.M., March 10, 2025 /PRNewswire/ -- TXNM Energy, Inc. (NYSE: TXNM) management will meet with analysts and investors this week.
prnewswire.com
- 1 month ago
Public Service Company of New Mexico Declares Preferred Dividend
ALBUQUERQUE, N.M., March 6, 2025 /PRNewswire/ -- The Board of Directors of Public Service Company of New Mexico, a subsidiary of TXNM Energy (NYSE: TXNM), declared the regular quarterly dividend of $1.145 per share on the 4.58 percent series of cumulative preferred stock.
prnewswire.com
- 1 month ago
TXNM Energy to Meet with Investors
2025 ongoing earnings guidance to be affirmed during meetings ALBUQUERQUE, N.M., March 4, 2025 /PRNewswire/ -- TXNM Energy, Inc. (NYSE: TXNM) management will meet with analysts and investors this week.
prnewswire.com
- 1 month ago
TXNM Energy Board Declares Quarterly Common Stock Dividend
ALBUQUERQUE, N.M. , Feb. 25, 2025 /PRNewswire/ -- At its regular meeting held today, the Board of Directors of TXNM Energy, Inc. (NYSE: TXNM) declared the regular quarterly dividend of $0.4075 per share on the company's common stock.
prnewswire.com
- 2 months ago
TXNM Energy, Inc. (TXNM) Q4 2024 Earnings Call Transcript
TXNM Energy, Inc. (NYSE:TXNM ) Q4 2024 Earnings Conference Call February 21, 2025 11:00 AM ET Company Participants Lisa Goodman - Investor Relations Pat Vincent-Collawn - Chairman & Chief Executive Officer Don Tarry - President & Chief Operating Officer Lisa Eden - Senior Vice President & Chief Financial Officer Conference Call Participants Julien Dumoulin-Smith - Jefferies Michael Lonegan - Evercore ISI Anthony Crowdell - Mizuho Andrew Weisel - Scotiabank Ryan Levine - Citi Operator Good day, and welcome to the TXNM Energy Q4 2024 Conference Call. All participants will be in listen-only mode.
seekingalpha.com
- 2 months ago
TXNM Energy reports 2024 earnings, increases investment plan and earnings growth targets
2024 GAAP earnings of $2.67 per diluted share, ongoing earnings of $2.74 per diluted share achieves guidance expectation 2025 ongoing earnings guidance range introduced at $2.74 - $2.84 per diluted share reflects strong Texas growth, mid-year implementation of PNM customer rate phase-in Increased long-term earnings per share growth target of 7% to 9% ALBUQUERQUE, N.M. , Feb. 21, 2025 /PRNewswire/ -- TXNM Energy (NYSE: TXNM) today reported 2024 earnings results and refreshed its growth outlook, increasing its long-term earnings growth target to 7% to 9%.
prnewswire.com
- 2 months ago
8. Profile
Summary
TXNM Energy, Inc. TXNM
COUNTRY
US
INDUSTRY
Regulated Electric
MARKET CAP
$ 4.94 B
Dividend Yield
0.78%
Description
TXNM Energy, Inc., through its subsidiaries, provides electricity and electric services 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 engages in the generation, transmission, and distribution of electricity. The segment owns and leases communications, office and other equipment, office space, vehicles, and real estate. It generates electricity using coal, natural gas and oil, and nuclear fuel and waste, as well as solar, wind, geothermal, and battery storage energy sources. The TNMP segment provides regulated transmission and distribution services. The segment also owns and leases vehicles, service facilities, and office locations throughout its service territory. The company serves residential, commercial, and industrial customers and end-users of electricity in New Mexico and Texas. The company was formerly known as PNM Resources, Inc and changed its name to TXNM Energy, Inc. in August 2024. TXNM Energy, Inc. was founded in 1882 and is based in Albuquerque, New Mexico.
Contact
414 Silver Avenue SW, Albuquerque, NM, 87102-3289
https://www.txnmenergy.com
IPO
Date
Feb. 21, 1973
Employees
1695
Officers
Mr. Michael Patrick Mertz
Senior Vice President of Operations of PNM
Ms. Rebecca R. Teague
Vice President of Human Resources
Mr. Joseph D. Tarry CPA
President, Chief Operating Officer & Director
Ms. Patricia K. Vincent-Collawn
Chairman & Chief Executive Officer
Ms. Elisabeth A. Eden C.F.A.
Senior Vice President & Chief Financial Officer
Mr. Brian G. Iverson J.D.
General Counsel, Corporate Secretary & Senior Vice President of Regulatory and Public Policy
Mr. James Neal Walker
President of TNMP
Ms. Sheila Mendez
Vice President & Chief Information Officer
Ms. Lisa Goodman
Executive Director of Investor Relations
Mr. Gerald Robert Bischoff
Vice President & Corporate Controller