Key Stats
Key stats represent essential financial metrics and indicators used to evaluate a company's performance and potential investment opportunities.
Stock Score/grades
The Stock Score/Grades evaluate bankruptcy risk and assess the financial strength and fundamental health of a company
- Altman Z Score 0.58
- Piotroski Score 5.00
- Grade Overweight
- Symbol (PNM)
- Company PNM Resources, Inc.
- Price $41.77
- Changes Percentage (-1.04%)
- Change -$0.44
- Day Low $41.30
- Day High $42.16
- Year High $45.10
PNM Resources, Inc., through its subsidiaries, provides electricity and electric services in the United States. It operates through Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP) segments. The PNM segment engages in the generation, transmission, and distribution of electricity. The segment generates electricity using coal, natural gas and oil, nuclear fuel, solar, wind, and geothermal energy sources. As of December 31, 2021, this segment had owned or leased facilities with a total net generation capacity of 2,168 megawatts; and owned 3,426 miles of electric transmission lines, 5,751 miles of distribution overhead lines, 5,765 miles of underground distribution lines, and 250 substations. The segment also owns and leases communication, office and other equipment, office space, vehicles, and real estate. The TNMP segment provides regulated transmission and distribution services. As of December 31, 2021, the segment owned 983 miles of overhead electric transmission lines, 7,297 miles of overhead distribution lines, 1,408 miles of underground distribution lines, and 113 substations. The segment also owns and leases vehicles, service facilities, and office locations throughout its service territory. The company serves approximately 806,000 residential, commercial, and industrial customers and end-users of electricity in New Mexico and Texas. PNM Resources, Inc. was incorporated in 1882 and is headquartered in Albuquerque, New Mexico.
- Last Earnings 07/16/2024
- Ex-Dividend for 5/16 Dividend 07/26/2024
- Dividend Payable 08/09/2024
- Today N/A
- Next Earnings (Estimated) 10/25/2024
- Fiscal Year End N/A
- Average Stock Price Target $44.50
- High Stock Price Target $51.00
- Low Stock Price Target $38.00
- Potential Upside/Downside N/A
- Consensus Rating Strong Sell
- Rating Score (0-4) N/A
- Research Coverage N/A
- EPS (Most Recent Fiscal Year) $0.90
- Trailing P/E Ratio 41.33
- Forward P/E Ratio 41.33
- P/E Growth 41.33
- Net Income $88.35 M
Income Statement
Quarterly
Annual
Latest News of PNM
The Latest News section aggregates recent news posts from various news outlets, offering a comprehensive overview of the most recent developments related to the topic.
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PNM: Modernization, energy transition at heart of rate hike request
Public Service Company of New Mexico is seeking a major rate increase to fund decarbonization efforts, including battery storage and solar projects. The proposal aims to transition from coal to renewa...
By Yahoo! Finance | 3 months ago -
Can PNM Resources, Inc. (NYSE:PNM) Improve Its Returns?
Return on Equity (ROE) is a key metric to measure a company's profitability in relation to its equity capital. By assessing how effectively a company can generate returns on shareholder investments, i...
By Yahoo! Finance | 3 months ago -
PNM seeks to increase rates in 2025 and 2026
The Public Service Company of New Mexico has proposed a rate increase that could raise residential bills by $23 over two years. The request must go through a regulatory process, aiming for new rates t...
By Yahoo! Finance | 3 months ago
