Forecast

The analysts' average price target is €38.41 (-22.86%). The median is €38.41 (-22.86%).

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 metrics

In 2026, PNM Resources Inc has already paid €1.09 in dividends. The last payout was in August.

Financials

In the last quarter, PNM Resources Inc had revenue of €0 and net profit of €62.44M

(EUR)	Jun 2026	YoY
Revenue	0	-
Gross profit	0	-
Net profit	62.44M	241.11%
EBITDA	238.01M	37.12%

Fundamentals

Metric	Value
Market capitalization	€3.25B
Number of shares	90.2M
52-week high/low	€38.92 - €29.88
Dividend yield	2.88%
Dividends TTM	€1.44
Beta	0.36
P/E ratio	31.90
PEG ratio	-4.42
P/B ratio	1.80
P/S ratio	2.85

Company profile

PNM Resources, Inc. bietet über seine Tochtergesellschaften Strom und elektrische Dienstleistungen in den Vereinigten Staaten an. Das Unternehmen ist in den Segmenten Public Service Company of New Mexico (PNM) und Texas-New Mexico Power Company (TNMP) tätig. Das Segment PNM befasst sich mit der Erzeugung, Übertragung und Verteilung von Strom. Das Segment erzeugt Strom mit Hilfe von Kohle, Erdgas und Erdöl, Kernbrennstoffen, Solar- und Windenergie sowie Erdwärme. Zum 31. Dezember 2021 verfügte dieses Segment über eigene oder gepachtete Anlagen mit einer Gesamterzeugungskapazität von 2.168 Megawatt, 3.426 Meilen Stromübertragungsleitungen, 5.751 Meilen Freileitungen, 5.765 Meilen unterirdische Verteilungsleitungen und 250 Umspannwerke. Das Segment besitzt und vermietet außerdem Kommunikations-, Büro- und sonstige Ausrüstung, Büroräume, Fahrzeuge und Immobilien. Das Segment TNMP erbringt regulierte Übertragungs- und Verteilungsdienstleistungen. Zum 31. Dezember 2021 besaß das Segment 983 Meilen Freileitungen, 7.297 Meilen Freileitungen, 1.408 Meilen unterirdische Verteilungsleitungen und 113 Umspannwerke. Darüber hinaus besitzt und mietet das Unternehmen Fahrzeuge, Serviceeinrichtungen und Büroräume in seinem gesamten Versorgungsgebiet. Das Unternehmen beliefert rund 806.000 Privat-, Gewerbe- und Industriekunden sowie Endverbraucher von Strom in New Mexico und Texas. PNM Resources, Inc. wurde 1882 gegründet und hat seinen Hauptsitz in Albuquerque, New Mexico.

Name	PNM Resources Inc
CEO	Patricia K. Vincent-Collawn
Headquarters	Albuquerque, nm USA
Website	pnmresources.com
Sector	Utilities
Industry	Electric Utilities
IPO	02/21/1973
Employees	1,635