What is the price-to-earnings ratio of TXNM Energy?
The price-earnings ratio of TXNM Energy is currently 16.5.
TXNM Energy P/E 2024
TXNM Energy P/E
16.5
Ticker
TXNM
ISIN
US69349H1077
WKN
529983
As of Dec 21, 2024, TXNM Energy's P/E ratio was 16.5, a 0% change from the 0 P/E ratio recorded in the previous year.
The TXNM Energy P/E history
TXNM Energy Aktienanalyse
What does TXNM Energy do?
PNM Resources is a public energy supply company headquartered in Albuquerque, New Mexico. The company was founded in 1917 and has since had a long history and experience in the power supply sector. The business model of PNM Resources is to supply customers with electricity and gas. The company operates five power plants, including solar, wind, and hydropower, and also offers other services in the energy efficiency sector. The various divisions of PNM Resources include PNM, TNMP, and unregulated. PNM is the main supplier of electricity and gas in New Mexico and operates the power grid in various areas of New Mexico. TNMP is a power provider that operates the power grid in Texas (mainly in the northern region). The unregulated division of PNM Resources is responsible for the development of energy projects and participation in joint ventures. PNM Resources offers its customers a variety of products and services. These include electricity and gas products for residential and business customers, energy efficiency programs tailored to the needs of communities and businesses, and comprehensive support for the construction of renewable energy projects. In addition, the company offers various tariff plans that meet the needs of customers and enable them to save money and choose sustainable energy options. The main focus of PNM Resources is to create a reliable and affordable energy supply that meets the needs of customers while minimizing environmental impact. In 2019, the company announced plans to invest in renewable energy by 2022 to be 100% carbon-free by 2040. PNM Resources also works closely with local communities and organizations to promote energy projects that bring economic and environmentally friendly benefits. Overall, PNM Resources offers a wide range of products and services tailored to the needs of its customers. With a focus on renewable energy and sustainability, the company is committed to providing its customers with a reliable, environmentally friendly, and affordable energy supply. TXNM Energy ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering TXNM Energy's P/E Ratio
The Price to Earnings (P/E) Ratio of TXNM Energy is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.
Year-to-Year Comparison
Assessing TXNM Energy's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.
Impact on Investments
The P/E ratio of TXNM Energy is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.
Interpreting P/E Ratio Fluctuations
Fluctuations in TXNM Energy’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.
Frequently Asked Questions about TXNM Energy stock
How has the price-earnings ratio of TXNM Energy changed compared to last year?
The price-to-earnings ratio of TXNM Energy has increased by 0% fallen (meaning "decreased" or "dropped") compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of TXNM Energy high compared to other companies?
Yes, the price-to-earnings ratio of TXNM Energy is high compared to other companies.
How does an increase in the price-earnings ratio of TXNM Energy affect the company?
An increase in the price-earnings ratio of TXNM Energy would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of TXNM Energy affect the company?
A decrease in the price-earnings ratio of TXNM Energy would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of TXNM Energy?
Some factors that influence the price-earnings ratio of TXNM Energy are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does TXNM Energy pay?
Over the past 12 months, TXNM Energy paid a dividend of 1.47 USD . This corresponds to a dividend yield of about 3.07 %. For the coming 12 months, TXNM Energy is expected to pay a dividend of 1.51 USD.
What is the dividend yield of TXNM Energy?
The current dividend yield of TXNM Energy is 3.07 %.
When does TXNM Energy pay dividends?
TXNM Energy pays a quarterly dividend. This is distributed in the months of May, August, November, February.
How secure is the dividend of TXNM Energy?
TXNM Energy paid dividends every year for the past 25 years.
What is the dividend of TXNM Energy?
For the upcoming 12 months, dividends amounting to 1.51 USD are expected. This corresponds to a dividend yield of 3.15 %.
In which sector is TXNM Energy located?
TXNM Energy is assigned to the 'Utilities' sector.
Wann musste ich die Aktien von TXNM Energy kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of TXNM Energy from 11/8/2024 amounting to 0.388 USD, you needed to have the stock in your portfolio before the ex-date on 10/28/2024.
When did TXNM Energy pay the last dividend?
The last dividend was paid out on 11/8/2024.
What was the dividend of TXNM Energy in the year 2023?
In the year 2023, TXNM Energy distributed 1.39 USD as dividends.
In which currency does TXNM Energy pay out the dividend?
The dividends of TXNM Energy are distributed in USD.
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Andere Kennzahlen von TXNM Energy
Our stock analysis for TXNM Energy Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of TXNM Energy Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.