Logo image of PNM

PNM RESOURCES INC (PNM) Stock Price, Quote, News and Overview

NYSE:PNM - New York Stock Exchange, Inc. - US69349H1077 - Common Stock - Currency: USD

41.77  -0.44 (-1.04%)

After market: 41.77 0 (0%)

PNM Quote, Performance and Key Statistics

PNM RESOURCES INC

NYSE:PNM (8/2/2024, 8:26:38 PM)

After market: 41.77 0 (0%)

41.77

-0.44 (-1.04%)

Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
GICS IndustryGroupUtilities
GICS SubIndustryElectric Utilities
Statistics
52 Week High45.1
52 Week Low34.63
Market Cap3.77B
Shares90.20M
Float89.05M
Yearly Dividend1.44
Dividend Yield3.71%
PE14.81
Fwd PE14.7
Earnings (Next)10-25 2024-10-25/bmo
IPO03-17 1980-03-17


PNM short term performance overview.The bars show the price performance of PNM in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 5 10 15

PNM long term performance overview.The bars show the price performance of PNM in the last 1, 2 and 3 years. 1 year 2 years 3 years -5 -10 -15

The current stock price of PNM is 41.77 USD. In the past month the price increased by 15.29%. In the past year, price decreased by -5.77%.

PNM RESOURCES INC / PNM Daily stock chart

PNM Competitors/Peers

The largest stocks on the US markets in the "Electric Utilities" sub-industry
Full List
Symbol
Name
TA
FA
PE
Market Cap
NEE NEXTERA ENERGY INC 20.87 147.20B
SO SOUTHERN CO/THE 21.77 96.86B
DUK DUKE ENERGY CORP 19.58 89.26B
CEG CONSTELLATION ENERGY 31.36 88.96B
AEP AMERICAN ELECTRIC POWER 18.78 56.10B
EXC EXELON CORP 17.36 43.60B
PCG P G & E CORP 11.76 42.71B
XEL XCEL ENERGY INC 20.1 40.16B
ETR ENTERGY CORP 23.25 36.49B
SOJF SOUTHERN CO - SO 6 1/2 03/15/2085 6.45 28.68B
PPL PPL CORP 20.67 25.62B
SOJC SOUTHERN CO - SO 5 1/4 12/01/2077 5.48 24.38B

About PNM

Company Profile

PNM logo image PNM Resources, Inc. operates as an investor-owned holding company, which provides electricity and electric services in New Mexico and Texas. The company is headquartered in Albuquerque, New Mexico and currently employs 1,600 full-time employees. service territories. The firm with its two regulated utilities serving approximately 824,000 residential, commercial, and industrial customers and end users of electricity in New Mexico and Texas. The Company’s electric utilities are Public Service Company of New Mexico (PNM), and TNMP. PNM is an electric utility, which provides electric generation, transmission, and distribution service to its rate-regulated customers. PNM’s retail electric service territory covers an area of north-central New Mexico, including the cities of Albuquerque, Rio Rancho and Santa Fe, and certain areas of southern New Mexico. Other services provided by PNM include wholesale transmission services to third parties. Other services provided by PNM include wholesale transmission services to third parties. TNMP provides transmission and distribution services in Texas.

Company Info

PNM RESOURCES INC

414 Silver Ave SW

Albuquerque NEW MEXICO 87102 US

CEO: P. K. Collawn

Employees: 1600

Company Website: https://www.pnmresources.com/

Phone: 15052412700

PNM RESOURCES INC / PNM FAQ

What is the stock price of PNM RESOURCES INC today?

The current stock price of PNM is 41.77 USD. The price decreased by -1.04% in the last trading session.


What is the ticker symbol for PNM RESOURCES INC stock?

The exchange symbol of PNM RESOURCES INC is PNM and it is listed on the New York Stock Exchange, Inc. exchange.


On which exchange is PNM stock listed?

PNM stock is listed on the New York Stock Exchange, Inc. exchange.


What is the price forecast or stock price prediction for PNM RESOURCES INC stock?

12 analysts have analysed PNM and the average price target is 45.61 USD. This implies a price increase of 9.19% is expected in the next year compared to the current price of 41.77. Check the PNM RESOURCES INC stock analysts ratings, price target forecast and up-and down grades for more detailed information.


What is PNM RESOURCES INC worth?

PNM RESOURCES INC (PNM) has a market capitalization of 3.77B USD. This makes PNM a Mid Cap stock.


How many employees does PNM RESOURCES INC have?

PNM RESOURCES INC (PNM) currently has 1600 employees.


What are the support and resistance levels for PNM RESOURCES INC (PNM) stock?

PNM RESOURCES INC (PNM) has a support level at 37.2 and a resistance level at 41.78. Check the full technical report for a detailed analysis of PNM support and resistance levels.


Is PNM RESOURCES INC (PNM) expected to grow?

The Revenue of PNM RESOURCES INC (PNM) is expected to grow by 0.38% in the next year. Check the estimates tab for more information on the PNM EPS, Sales, EBIT and EBITDA future analyst estimates.


Should I buy PNM RESOURCES INC (PNM) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does PNM RESOURCES INC (PNM) stock pay dividends?

PNM RESOURCES INC (PNM) has a dividend yield of 3.71%. The yearly dividend amount is currently 1.44. Check the full fundamental report for a detailed analysis of PNM dividend history, reliability and sustainability.


When does PNM RESOURCES INC (PNM) report earnings?

PNM RESOURCES INC (PNM) will report earnings on 2024-10-25, before the market open.


What is the Price/Earnings (PE) ratio of PNM RESOURCES INC (PNM)?

The PE ratio for PNM RESOURCES INC (PNM) is 14.81. This is based on the reported non-GAAP earnings per share of 2.82 and the current share price of 41.77 USD. Check the full fundamental report for a full analysis of the valuation metrics for PNM.


PNM Technical Analysis

ChartMill assigns a technical rating of 8 / 10 to PNM. When comparing the yearly performance of all stocks, PNM turns out to be only a medium performer in the overall market: it outperformed 50.32% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

PNM Fundamental Analysis

ChartMill assigns a fundamental rating of 2 / 10 to PNM. PNM has a bad profitability rating. Also its financial health evaluation is rather negative.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

PNM Financial Highlights

Over the last trailing twelve months PNM reported a non-GAAP Earnings per Share(EPS) of 2.82. The EPS increased by 5.22% compared to the year before.


Industry RankSector Rank
PM (TTM) 4.37%
ROA 0.78%
ROE 3.38%
Debt/Equity 1.95
Chartmill High Growth Momentum
EPS Q2Q%0%
Sales Q2Q%N/A
EPS 1Y (TTM)5.22%
Revenue 1Y (TTM)-13.8%

PNM Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 77% to PNM. The Buy consensus is the average rating of analysts ratings from 12 analysts.

For the next year, analysts expect an EPS growth of -3.73% and a revenue growth 0.38% for PNM


Ownership
Inst Owners95.18%
Ins Owners0.68%
Short Float %N/A
Short RatioN/A
Analysts
Analysts76.67
Price Target45.61 (9.19%)
EPS Next Y-3.73%
Revenue Next Year0.38%