PNM logo

PNM Resources (PNM) Stock

Profile

Sector:

Utilities

Industry:

Electric

Country:

United States

IPO:

10 August 1984

Indexes:

Not included

Description:

PNM Resources Inc, or PNMR, is a holding company that owns regulated utility companies providing electricity and electric services. PNMR segments its operations into two subsidiaries, PNM and TNMP. PNM provides services for the generation, transmission, and distribution of electricity primarily in New Mexico areas. While PNM utilizes various fuel sources in its power plant portfolio, its coal and gas facilities produce the majority of the energy. TNMP owns and operates transmission and distribution services primarily in small to mid-sized Texas communities. Both subsidiaries generate revenue for PNMR through the sale of electricity and transmission service fees. PNM Resources, Inc. was founded in 1917, with its headquarters located in Albuquerque, New Mexico.

Events Calendar

Earnings

Next earnings date:

N/A

Recent quarterly earnings:

Oct 25, 2024

Recent annual earnings:

Feb 06, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

July 26, 2024
Splits

Next split:

N/A

Recent split:

June 14, 2004

Analyst ratings

Recent major analysts updates

01 Aug '24 Wells Fargo
Overweight
22 July '24 Barclays
Overweight
15 Apr '24 Barclays
Overweight
08 Feb '24 Barclays
Overweight
03 Jan '24 Wells Fargo
Overweight
03 Jan '24 Mizuho
Neutral
26 Sept '23 Mizuho
Buy
18 Sept '23 Citigroup
Neutral
22 June '23 Citigroup
Neutral
09 Jan '23 Mizuho
Neutral

Screeners with PNM included

No data

Market Data

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Dividend

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Profitability

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Efficiency

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Valuation

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Liquidity

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Cash Flow

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Institutional Ownership

Similar stocks

PNM files application for new resources in 2028
PNM files application for new resources in 2028
PNM files application for new resources in 2028
PNM
prnewswire.com25 November 2024

ALBUQUERQUE, N.M., Nov. 25, 2024 /PRNewswire/ -- PNM, a wholly-owned subsidiary of TXNM Energy (NYSE: TXNM), filed an application with the New Mexico Public Regulation Commission (NMPRC) for new energy resources to be added by summer 2028.

PNM reaches Settlement in Principle in 2025 Rate Request
PNM reaches Settlement in Principle in 2025 Rate Request
PNM reaches Settlement in Principle in 2025 Rate Request
PNM
prnewswire.com15 November 2024

ALBUQUERQUE, N.M., Nov. 15, 2024 /PRNewswire/ -- PNM, a wholly-owned subsidiary of TXNM Energy (NYSE: TXNM), filed a joint notice with the New Mexico Public Regulation Commission (NMPRC) indicating several parties have reached a Settlement in Principle in PNM's 2025 Rate Request application.

PNM announces plan to join CAISO EDAM regional energy market
PNM announces plan to join CAISO EDAM regional energy market
PNM announces plan to join CAISO EDAM regional energy market
PNM
prnewswire.com11 November 2024

ALBUQUERQUE, N.M. , Nov. 11, 2024 /PRNewswire/ -- In a continued effort to enhance reliability and economic benefits to customers, Public Service Company of New Mexico (PNM), a wholly-owned subsidiary of TXNM Energy (NYSE: TXNM), has announced its plan to join the California Independent System Operator (CAISO) Extended Day-Ahead Market (EDAM).

NMPRC approves PNM Grid Modernization Plan
NMPRC approves PNM Grid Modernization Plan
NMPRC approves PNM Grid Modernization Plan
PNM
prnewswire.com17 October 2024

ALBUQUERQUE, N.M., Oct. 17, 2024 /PRNewswire/ -- The New Mexico Public Regulation Commission (NMPRC) approved an application by Public Service Company of New Mexico (PNM), a wholly-owned subsidiary of TXNM Energy (NYSE: TXNM), designed to modernize its grid infrastructure using state-of-the art technology for a more resilient, reliable, efficient and decarbonized electric system.

PNM Resources (PNM) Q2 Earnings Top Estimates, Sales Rise Y/Y
PNM Resources (PNM) Q2 Earnings Top Estimates, Sales Rise Y/Y
PNM Resources (PNM) Q2 Earnings Top Estimates, Sales Rise Y/Y
PNM
zacks.com31 July 2024

PNM Resources' (PNM) second-quarter 2024 earnings and revenues increase year over year. Total operating expenses decline during the same period.

PNM Resources Reports Second Quarter 2024 Results
PNM Resources Reports Second Quarter 2024 Results
PNM Resources Reports Second Quarter 2024 Results
PNM
prnewswire.com31 July 2024

2024 Ongoing Earnings Guidance Affirmed 2024 second quarter GAAP earnings of $0.53 per diluted share 2024 second quarter ongoing earnings of $0.60 per diluted share Affirmed ongoing earnings guidance range of $2.65 - $2.75 Name change to TXNM Energy, trading under TXNM ticker expected August 5, 2024 ALBUQUERQUE, N.M., July 31, 2024 /PRNewswire/ --                                                             PNM Resources (In millions, except EPS)   Q2 2024 Q2 2023 YTD 2024 YTD 2023 GAAP net earnings attributable to PNM Resources $48.0 $45.3 $95.2 $100.3 GAAP diluted EPS $0.53 $0.53 $1.05 $1.16 Ongoing net earnings $54.3 $47.4 $91.3 $95.1 Ongoing diluted EPS $0.60 $0.55 $1.01 $1.10 PNM Resources (NYSE: PNM) today released its 2024 second quarter results.

PNM Resources (NYSE: PNM) Transitions to TXNM Energy (NYSE: TXNM) with Trading Effective on August 5
PNM Resources (NYSE: PNM) Transitions to TXNM Energy (NYSE: TXNM) with Trading Effective on August 5
PNM Resources (NYSE: PNM) Transitions to TXNM Energy (NYSE: TXNM) with Trading Effective on August 5
PNM
prnewswire.com22 July 2024

ALBUQUERQUE, N.M. , July 22, 2024 /PRNewswire/ -- PNM Resources, Inc. (NYSE: PNM) is expecting to complete the change of its holding company name to TXNM Energy, Inc. (NYSE: TXNM), effective at 5:00pm ET on August 2, 2024.

PNM Resources Board Declares Quarterly Common Stock Dividend
PNM Resources Board Declares Quarterly Common Stock Dividend
PNM Resources Board Declares Quarterly Common Stock Dividend
PNM
prnewswire.com16 July 2024

ALBUQUERQUE, N.M., July 16, 2024 /PRNewswire/ -- At its regular meeting held today, the Board of Directors of PNM Resources (NYSE: PNM) declared the regular quarterly dividend of $0.3875 per share on the company's common stock.

PNM Resources to Announce 2024 Second Quarter Earnings on July 31
PNM Resources to Announce 2024 Second Quarter Earnings on July 31
PNM Resources to Announce 2024 Second Quarter Earnings on July 31
PNM
prnewswire.com08 July 2024

ALBUQUERQUE, N.M., July 8, 2024 /PRNewswire/ -- PNM Resources will announce second quarter 2024 financial results prior to the market opening on Wednesday, July 31, 2024.

PNM Resources (PNM) Rides on Clean & Affordable Power Supply
PNM Resources (PNM) Rides on Clean & Affordable Power Supply
PNM Resources (PNM) Rides on Clean & Affordable Power Supply
PNM
zacks.com05 July 2024

PNM Resources (PNM) continues to benefit from infrastructure investment and focus on clean power generation.

FAQ

  • What is the primary business of PNM Resources?
  • What is the ticker symbol for PNM Resources?
  • Does PNM Resources pay dividends?
  • What sector is PNM Resources in?
  • What industry is PNM Resources in?
  • What country is PNM Resources based in?
  • When did PNM Resources go public?
  • Is PNM Resources in the S&P 500?
  • Is PNM Resources in the NASDAQ 100?
  • Is PNM Resources in the Dow Jones?
  • When was PNM Resources's last earnings report?
  • When does PNM Resources report earnings?
  • Should I buy PNM Resources stock now?

What is the primary business of PNM Resources?

PNM Resources Inc, or PNMR, is a holding company that owns regulated utility companies providing electricity and electric services. PNMR segments its operations into two subsidiaries, PNM and TNMP. PNM provides services for the generation, transmission, and distribution of electricity primarily in New Mexico areas. While PNM utilizes various fuel sources in its power plant portfolio, its coal and gas facilities produce the majority of the energy. TNMP owns and operates transmission and distribution services primarily in small to mid-sized Texas communities. Both subsidiaries generate revenue for PNMR through the sale of electricity and transmission service fees. PNM Resources, Inc. was founded in 1917, with its headquarters located in Albuquerque, New Mexico.

What is the ticker symbol for PNM Resources?

The ticker symbol for PNM Resources is NYSE:PNM

Does PNM Resources pay dividends?

No, PNM Resources does not pay dividends

What sector is PNM Resources in?

PNM Resources is in the Utilities sector

What industry is PNM Resources in?

PNM Resources is in the Electric industry

What country is PNM Resources based in?

PNM Resources is headquartered in United States

When did PNM Resources go public?

PNM Resources's initial public offering (IPO) was on 10 August 1984

Is PNM Resources in the S&P 500?

No, PNM Resources is not included in the S&P 500 index

Is PNM Resources in the NASDAQ 100?

No, PNM Resources is not included in the NASDAQ 100 index

Is PNM Resources in the Dow Jones?

No, PNM Resources is not included in the Dow Jones index

When was PNM Resources's last earnings report?

PNM Resources's most recent earnings report was on 25 October 2024

When does PNM Resources report earnings?

The date for PNM Resources's next earnings report has not been announced yet

Should I buy PNM Resources stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions