TXNM Energy (TXNM) Stock Price

TXNM Energy Price

NYSE·CLOSED
58.48
​
Market closed

Revenue has compounded at 0.5% per year over the past 19 years to 2.17 B USD. Earnings per share have declined at 1.1% per year over the last 19 years. TXNM Energy's net margin stands at 7.0%, down from 11.0% several years earlier. TXNM Energy currently offers a dividend yield of about 2.79%. The payout ratio is around 117% of earnings. The dividend has grown at 3.4% per year over the past 19 years. Analysts set a median price target of 52.50 USD, implying 10.2% below the current price. Of 10 analysts, 6 rate the stock a buy — an overall Buy consensus.

TXNM Energy stock price

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TXNM Energy business model & stock analysis

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.

Frequently asked questions about TXNM Energy

The business model of PNM Resources Inc is focused on providing reliable and affordable energy services to its customers. As a holding company, it operates through its subsidiary, Public Service Company of New Mexico (PNM), which primarily engages in the generation, transmission, and distribution of electricity. PNM serves residential, commercial, and industrial customers in New Mexico and Texas. The company aims to meet the energy demands of its customers while incorporating renewable energy sources and implementing energy efficiency measures. PNM Resources Inc is committed to supporting the communities it serves and delivering long-term value to its shareholders.

PNM Resources Inc is primarily active in the energy industry.

The main competitors of PNM Resources Inc in the market include companies such as Xcel Energy Inc, El Paso Electric Company, and Avangrid, Inc.

PNM Resources Inc is an American energy holding company with a rich history and background. Established in 1917, PNM Resources is headquartered in Albuquerque, New Mexico, and operates through its two primary subsidiaries, Public Service Company of New Mexico (PNM) and Texas-New Mexico Power (TNMP). PNM Resources is focused on providing reliable energy services to its approximately 2 million customers in New Mexico and Texas. With a strong commitment to renewable energy, PNM Resources aims to prioritize clean energy initiatives and reduce carbon emissions. PNM Resources Inc has established itself as a key player in the energy sector, striving for sustainable growth and innovation.

PNM Resources Inc. has achieved significant milestones throughout its history. Since its establishment, the company has consistently demonstrated growth and success. Notable milestones include expanding its operations, maintaining strong financial performance, and fostering a commitment to renewable energy. PNM Resources Inc. successfully acquired Texas-New Mexico Power, gaining a broader customer base and geographical presence. It has also implemented numerous initiatives to increase renewable energy generation, reducing its carbon footprint. With a focus on customer satisfaction and innovation, PNM Resources Inc. continues to thrive as a leading energy provider and contributes to the sustainable development of communities it serves.

PNM Resources Inc is primarily present in the United States. With its headquarters in New Mexico, PNM Resources Inc serves customers and communities in New Mexico and Texas. As a leading energy holding company, PNM Resources Inc operates through its two main subsidiaries, Public Service Company of New Mexico and Texas-New Mexico Power, providing reliable electric power and utility services to customers in these regions. With a strong focus on delivering affordable and sustainable energy solutions, PNM Resources Inc is committed to serving the energy needs of its customers in the United States.

PNM Resources Inc represents values of integrity, reliability, and sustainability. Committed to providing safe, affordable, and sustainable energy solutions, PNM Resources upholds a strong corporate philosophy focused on customer satisfaction, environmental stewardship, and community engagement. As a leading energy holding company, PNM Resources embraces innovation and diversification in the energy sector. With a customer-centric approach and a dedication to operational excellence, PNM Resources ensures reliable power delivery while promoting clean energy initiatives. By maintaining ethical standards and fostering strong partnerships, PNM Resources Inc continues to be a trusted leader in the energy industry.

Analysts currently set an average price target of 53.31 USD for the TXNM Energy stock (median: 52.50 USD), implying -9.0 % versus the latest price. The consensus is based on 10 analyst ratings.

10 analysts currently rate the TXNM Energy stock: 6 recommend buying, 4 holding and 0 selling. For 2026, analysts expect TXNM Energy to generate revenue of 2.38 B USD and earnings per share of 2.93 USD.

Converted at the current exchange rate, the TXNM Energy share trades at 52.04 EUR (58.48 USD).

The TXNM Energy share (TXNM) is listed on 3 stock exchanges, including: NYSE (PNM), Frankfurt (98P.F), Düsseldorf (98P.DU).

PNM Resources Inc is one of the leading utility companies in the United States, specializing in electricity and gas generation, transmission, and distribution. It is headquartered in Albuquerque, New Mexico. The business model of PNM Resources Inc focuses on providing electricity and gas services to residential and business customers in New Mexico and Texas. The company operates various power plants in New Mexico and Texas that primarily run on coal, natural gas, wind, and solar power. It also purchases electricity from third parties to ensure reliable power supply to its customers. Additionally, PNM Resources Inc operates a gas supply division in New Mexico, providing clean and efficient natural gas to customers. The company has also focused on constructing and developing utility-scale solar and wind projects to increase its renewable energy capacity. PNM Resources Inc offers a range of products and services to meet its customers' energy needs. This includes various electricity tariffs to lower energy costs and improve energy efficiency, energy services to reduce energy consumption and increase efficiency, and consulting services to support effective energy planning and cost savings for small businesses and households. PNM Resources Inc is committed to making the energy supply safer, cleaner, and more reliable. It utilizes advanced technology to enhance energy infrastructure and works towards minimizing the environmental impact of its services. Overall, the business model of PNM Resources Inc specializes in electricity and gas generation, transmission, and distribution. The company has also focused on developing renewable energy projects to improve its energy supply and minimize environmental impact. PNM Resources Inc aims to provide high-quality energy products and services to meet customer needs while increasing energy efficiency.

The expected revenue of TXNM Energy is 2.38 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of TXNM Energy is 318.64 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of TXNM Energy is currently 19.99. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the TXNM Energy stock.

The price-to-sales ratio (P/S) of TXNM Energy is currently 2.67. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the TXNM Energy stock.

The Eulerpool Quality Score for TXNM Energy is 3/10.

The ISIN of TXNM Energy is US69349H1077. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of TXNM Energy is 529983. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of TXNM Energy is TXNM. The ticker symbol is used to trade TXNM Energy shares on the stock exchange.

Fair ValueTerminal
57.31 USD
Over-/UndervaluationTerminal
Fairly valued
Sector
Industry
Electric Utilities
Number of shares
Employees
Revenue per Employee
5.57 M USD
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Currency
USD
Initial public offering
Mar 17, 1980
ISIN
US69349H1077
Cusip
69349H107
Sedol
2707826
Market capitalization
6.37 B USDMid Cap
52-Week Range
PEG
5.57
P/E ratio
P/Ee 2026
19.99
P/Ee 2027
17.88
P/Ee 2028
16.15
P/Ee 2029
15.00
P/Ee 2030
13.89
P/S
P/Se
2.67
EV/EBIT
27.17
P/B Ratio
1.87
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
1.67 %
Dividend
Dividend yield
2.79 %
Est. Dividend Yield
2.89 %
Payout Ratio
117.30 %
Dividend growth Ø5Y
5.79 %
Dividend payments per year
4
Dividend paid since
30 years
Dividend not reduced since
16 years
Dividend increased since
14 years
Dividend withholding tax
30.00 %
Last updated Nov 5, 2026, 3:31 AM

TXNM Energy Peer Group

TXNM Energy Ticker

DÜSSELDORF · 98P.DUFRANKFURT · 98P.FNEW YORK · PNM

TXNM Energy FIGI

PNM:US · BBG000BRDFF3PNM:UA · BBG000BRDFZ1PNM:UC · BBG000BRDG70PNM:UN · BBG000BRDH78PNM:UP · BBG000BRDHN0PNM:UB · BBG000BRDJG4PNM:UT · BBG000BRDJR2PNM:UM · BBG000BRDKF2PNM:UX · BBG000BRDKW3PNM:UD · BBG000BRDN66PNM:UF · BBG000BRDPY0PNM:VY · BBG000BRDQ32