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Forecast
The analysts' average price target is €39.76 (-23.90%). The median is €39.76 (-23.90%).
| Buy |
10 |
| Hold |
10 |
| Sell |
0 |
News Go to news feed
TNMP files settlement in Texas rate case and sets $2.8bn rate base
TNMP, a subsidiary of TXNM Energy, has filed a comprehensive settlement in the base-rate review with the Public Utility Commission of Texas that provides for setting the requested rate base of $2.8 billion as of June 30, 2025. The settlement would retain the approved return on equity of 9.65% and an equity ratio of 45% and refinance $20.5 million in Hurricane Beryl restoration costs through a five-year rate surcharge. The agreement requires the commission's approval; approved rates would take effect retroactively on May 22, 2026. » More on de.investing.com
TNMP acquires 900‑MHz frequencies from Anterix to build private mobile networks
TNMP has purchased 900‑MHz frequencies from Anterix to build a private mobile network as part of its System Resiliency Plan 2025–2027, aiming for faster response to power outages and real‑time infrastructure monitoring. Anterix has committed to removing sources of interference and securing FCC broadband licenses; the timeline and successful completion of these steps remain uncertain. Financial terms were not disclosed; the rollout is intended to support integration of advanced energy technologies across TNMP’s service territory in Texas and New Mexico. » More on de.investing.com
Public Service Company of New Mexico announces quarterly dividend
Public Service Company of New Mexico has announced a regular quarterly dividend of $1.145 per share on the 4.58% cumulative preferred shares. Payment will be made on January 15, 2026 to shareholders of record at the close of business on December 31, 2025. The company points to more than 30 consecutive years of dividend payments and dividend growth of 5.16% in the past twelve months. » More on de.investing.com
Historical dividends Dividends
All dividend metrics All metricsFinancials
| (EUR) | September 2026 | YoY |
|---|---|---|
| Revenue | 0 | - |
| Gross profit | 0 | - |
| Net profit | 144.28m | 29.54% |
| EBITDA | 338.82m | 20.34% |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €3.37bn |
Number of shares | 90.2m |
52-week high/low | €40.29 - €30.94 |
Dividend yield | 2.75% |
Dividends TTM | €1.44 |
Next dividend | €0.38 |
Beta | 0.36 |
P/E ratio | 27.51 |
PEG ratio | 1.12 |
P/B ratio | 1.70 |
P/S ratio | 2.79 |
Company profile
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.
| Name | PNM Resources Inc |
| CEO | Patricia K. Vincent-Collawn |
| Headquarters | Albuquerque,
nm USA |
| Website | |
| Sector | Utilities |
| Industry | Electric Utilities |
| IPO | 21/02/1973 |
| Employees | 1,635 |
Ticker symbols
| Exchange | Symbol |
|---|---|
NYSE | PNM |
Frankfurt | 98P.F |
Düsseldorf | 98P.DU |
NYSE | TXNM |