TXNM ENERGY INC
TXNMNYSETrading Snapshot
- Day Range
- $58.18 β $59.54
- 52-Week Range
- $55.64 β $59.53
- Volume
- $2.11B
- Avg Volume
- $2.54B
- Shares Outstanding
- 110.7M
- Next Earnings
- Nov 30, 2026
Fundamentals Snapshot
- Annual Revenue
- $2.17B
- Last Q Revenue
- $549M
- P/E Ratio
- 32.7
- P/S Ratio
- 2.9x
- EPS (TTM)
- $1.81
- Dividend Yield
- 2.81%
- Dilution (1yr)
- +20.8%
Why Investors Own TXNM
- βHigh-growth profile β revenue up +28.6% YoY with expanding US Equity exposure.
- βHealthy economics β 65% gross margin and 9% free-cash-flow margin.
- βNew products and segments could unlock additional revenue streams.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
TXNM ENERGY INC
TXNMAbout TXNM ENERGY INC
TXNM Energy, Inc., through its various subsidiaries, supplies electricity and related services across the United States. Its operations are organized into two main divisions: Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP). The PNM segment is responsible for producing, transmitting, and distributing electrical energy. This division either owns or leases essential assets, including communication systems, office and other equipment, office spaces, vehicles, and real estate. PNM generates electricity from a diverse portfolio of sources such as coal, natural gas, oil, nuclear fuel and waste, alongside renewables like solar, wind, geothermal, and battery storage. In contrast, the TNMP segment focuses on providing regulated transmission and distribution infrastructure. It also maintains a fleet of vehicles, service facilities, and office locations, which are either owned or leased throughout its service area. The company delivers power to residential, commercial, and industrial consumers, as well as other electricity end-users in New Mexico and Texas. Originally established in 1882 and headquartered in Albuquerque, New Mexico, the company adopted its current name, TXNM Energy, Inc., in August 2024, having previously operated as PNM Resources, Inc.
Otter Score Breakdown
How it's scoredFive components, each rated 1β5β and equally weighted (20%), averaged to a 0β100 score:π Quality β gross marginπ Growth β revenue YoYβοΈ Valuation β P/S ratioβ‘ Momentum β 30-day price changeπ§ Dilution β 1-yr share issuance (buybacks score higher)Analyst Ratings
βLatest News & Updates
TXNM ENERGY INC tops quarterly estimates as demand accelerates
Revenue grew double digits with management guiding above consensus; margins continued to expand.
Analysts lift TXNM price targets on improving margins
Several firms raised targets, citing stronger free cash flow and a healthier backlog.
TXNM ENERGY INC announces new agreement to expand its footprint
The move broadens the companyβs reach and could add incremental revenue over the next year.