Date | Price Target | Rating | Analyst |
---|---|---|---|
3/11/2025 | $53.00 | Neutral → Outperform | Mizuho |
2/11/2025 | $51.00 → $54.00 | In-line → Outperform | Evercore ISI |
10/10/2024 | $46.00 | Sector Perform | Scotiabank |
10/2/2024 | $50.00 | Buy | Jefferies |
Mizuho upgraded TXNM Energy from Neutral to Outperform and set a new price target of $53.00
Evercore ISI upgraded TXNM Energy from In-line to Outperform and set a new price target of $54.00 from $51.00 previously
Scotiabank initiated coverage of TXNM Energy with a rating of Sector Perform and set a new price target of $46.00
Jefferies initiated coverage of TXNM Energy with a rating of Buy and set a new price target of $50.00
S-3ASR - TXNM ENERGY INC (0001108426) (Filer)
10-K - TXNM ENERGY INC (0001108426) (Filer)
8-K - TXNM ENERGY INC (0001108426) (Filer)
8-K - TXNM ENERGY INC (0001108426) (Filer)
8-K - TXNM ENERGY INC (0001108426) (Filer)
SCHEDULE 13G/A - TXNM ENERGY INC (0001108426) (Subject)
8-K - TXNM ENERGY INC (0001108426) (Filer)
8-K - TXNM ENERGY INC (0001108426) (Filer)
10-Q - TXNM ENERGY INC (0001108426) (Filer)
8-K - TXNM ENERGY INC (0001108426) (Filer)
SC 13G - TXNM ENERGY INC (0001108426) (Subject)
SC 13G - TXNM ENERGY INC (0001108426) (Subject)
SC 13G/A - TXNM ENERGY INC (0001108426) (Subject)
4 - TXNM ENERGY INC (0001108426) (Issuer)
4 - TXNM ENERGY INC (0001108426) (Issuer)
4 - TXNM ENERGY INC (0001108426) (Issuer)
4 - TXNM ENERGY INC (0001108426) (Issuer)
4 - TXNM ENERGY INC (0001108426) (Issuer)
4 - TXNM ENERGY INC (0001108426) (Issuer)
4 - TXNM ENERGY INC (0001108426) (Issuer)
4 - TXNM ENERGY INC (0001108426) (Issuer)
4 - TXNM ENERGY INC (0001108426) (Issuer)
4 - TXNM ENERGY INC (0001108426) (Issuer)
ALBUQUERQUE, N.M., Nov. 11, 2024 /PRNewswire/ -- In a continued effort to enhance reliability and economic benefits to customers, Public Service Company of New Mexico (PNM), a wholly-owned subsidiary of TXNM Energy (NYSE:TXNM), has announced its plan to join the California Independent System Operator (CAISO) Extended Day-Ahead Market (EDAM). EDAM is a voluntary day-ahead regional market, expanding on CAISO's real-time regional market known as the Western Energy Imbalance Market (WEIM), which PNM has been a participant of since 2021. "Participating in EDAM is the next step in r
ALBUQUERQUE, N.M., March 6, 2025 /PRNewswire/ -- The Board of Directors of Public Service Company of New Mexico, a subsidiary of TXNM Energy (NYSE:TXNM), declared the regular quarterly dividend of $1.145 per share on the 4.58 percent series of cumulative preferred stock. The preferred stock dividend is payable April 15, 2025, to shareholders of record at the close of business March 31, 2025. Background:TXNM Energy (NYSE:TXNM), an energy holding company based in Albuquerque, New Mexico, delivers energy to more than 800,000 homes and businesses across Texas and New Mexico throug
ALBUQUERQUE, N.M., Feb. 25, 2025 /PRNewswire/ -- At its regular meeting held today, the Board of Directors of TXNM Energy, Inc. (NYSE:TXNM) declared the regular quarterly dividend of $0.4075 per share on the company's common stock. The dividend is payable May 16, 2025, to shareholders of record at the close of business April 25, 2025. Background:TXNM Energy (NYSE:TXNM), an energy holding company based in Albuquerque, New Mexico, delivers energy to more than 800,000 homes and businesses across Texas and New Mexico through its regulated utilities, TNMP and PNM. For more informat
2024 GAAP earnings of $2.67 per diluted share, ongoing earnings of $2.74 per diluted share achieves guidance expectation2025 ongoing earnings guidance range introduced at $2.74 - $2.84 per diluted share reflects strong Texas growth, mid-year implementation of PNM customer rate phase-inIncreased long-term earnings per share growth target of 7% to 9%ALBUQUERQUE, N.M., Feb. 21, 2025 /PRNewswire/ -- TXNM Energy (NYSE:TXNM) today reported 2024 earnings results and refreshed its growth outlook, increasing its long-term earnings growth target to 7% to 9%. In addition, management announced 2025 consolidated ongoing earnings guidance of $2.74 to $2.84 per diluted share.
ALBUQUERQUE, N.M., Jan. 21, 2025 /PRNewswire/ -- TXNM Energy, Inc. will announce 2024 financial results and introduce 2025 ongoing earnings guidance prior to the market opening on Friday, February 21, 2025. Management will also host a live conference call at 11 a.m. Eastern Time to discuss financial results and other company updates. The press release and accompanying presentation materials for the conference call will be posted on the company website at www.TXNMEnergy.com. Investors and analysts can participate in the live conference call by pre-registering using the followin
TXNM Energy and Public Service Company of New Mexico Declare Quarterly Dividends ALBUQUERQUE, N.M., Dec. 3, 2024 /PRNewswire/ -- The Board of Directors of TXNM Energy (NYSE:TXNM) today voted to increase the company's annual dividend payment by $0.08, a 5.2% increase, to an indicated annual rate of $1.63 per share of common stock. The board has declared the resulting quarterly stock dividend of $0.4075 per share, payable February 14, 2025, to shareholders of record at the close of business January 31, 2025. Also today, the Board of Directors of Public Service Company of New Mex
2024 Ongoing Earnings Guidance Narrowed 2024 third quarter GAAP earnings of $1.45 per diluted share2024 third quarter ongoing earnings of $1.43 per diluted shareNarrowed 2024 ongoing earnings guidance range to $2.70 - $2.75ALBUQUERQUE, N.M., Nov. 1, 2024 /PRNewswire/ -- TXNM Energy (In millions, except EPS) Q3 2024 Q3 2023 YTD 2024 YTD 2023 GAAP net earnings attributable to TXNM Energy $131.2 $37.7 $226.4 $138.0 GAAP diluted EPS $1.45 $0.44 $2.50 $1.60 Ongoing net earnings $129.3 $132.9 $220.6 $228.0 Ongoing diluted EPS $1.43 $1.54 $2.44 $2.65 TXNM Energy (NYSE:TXNM) today
ALBUQUERQUE, N.M., Oct. 4, 2024 /PRNewswire/ -- TXNM Energy, Inc. will announce third quarter 2024 financial results prior to the market opening on Friday, November 1, 2024. Management will also host a live conference call at 11 a.m. Eastern Time to discuss financial results and other company updates. The press release and accompanying presentation materials for the conference call will be posted on the company website at www.TXNMEnergy.com. Investors and analysts can participate in the live conference call by pre-registering using the following link: https://dpregister.com/sr
ALBUQUERQUE, N.M., Sept. 24, 2024 /PRNewswire/ -- At its regular meeting held today, the Board of Directors of TXNM Energy, Inc. (NYSE:TXNM) declared the regular quarterly dividend of $0.3875 per share on the company's common stock. The dividend is payable November 8, 2024, to shareholders of record at the close of business October 28, 2024. Background:TXNM Energy (NYSE:TXNM), an energy holding company based in Albuquerque, New Mexico, delivers energy to more than 800,000 homes and businesses across Texas and New Mexico through its regulated utilities, TNMP and PNM. For more i
ALBUQUERQUE, N.M., Sept. 11, 2024 /PRNewswire/ -- The Board of Directors of Public Service Company of New Mexico, a subsidiary of TXNM Energy (NYSE:TXNM), declared the regular quarterly dividend of $1.145 per share on the 4.58 percent series of cumulative preferred stock. The preferred stock dividend is payable October 15, 2024, to shareholders of record at the close of business September 30, 2024. Background:TXNM Energy (NYSE:TXNM), an energy holding company based in Albuquerque, New Mexico, delivers energy to more than 800,000 homes and businesses across Texas and New Mexico
ALBUQUERQUE, N.M., March 26, 2025 /PRNewswire/ -- TNMP, the wholly-owned Texas subsidiary of TXNM Energy, Inc. (NYSE:TXNM) received approval from the Public Utility Commission of Texas (PUCT) for its recent Transmission Cost of Service (TCOS) application. On March 25, 2025, the Public Utility Commission of Texas (PUCT) approved TNMP's Application for Interim Update of Wholesale Transmission Rates through a TCOS filing. The approved annual rate increase of $11.5 million recovers $83.5 million of incremental transmission rate base. The associated rates became effective upon appr
ALBUQUERQUE, N.M., March 13, 2025 /PRNewswire/ -- Today, the Public Utility Commission of Texas (PUCT) approved the 2025-2027 System Resiliency Plan filed by TNMP, a wholly-owned subsidiary of TXNM Energy (NYSE:TXNM). Under the plan, TNMP will invest $545.8 million over three years to mitigate various types of resiliency events posing material risk to the safe and reliable operation of TNMP's distribution system. The plan also encompasses operations and maintenance expenses associated with several programs, including vegetation management and wildfire mitigation. TNMP's filed
ALBUQUERQUE, N.M., March 13, 2025 /PRNewswire/ -- PNM, a wholly-owned subsidiary of TXNM Energy (NYSE:TXNM), and intervening parties in its 2028 Resource Application filed an unopposed comprehensive stipulation with the New Mexico Public Regulation Commission (NMPRC). The stipulation supports approval of PNM's proposed resource portfolio adding 450 megawatts (MW) of new solar and battery storage capacity in 2028 to serve customers and continue progress towards the zero-carbon requirements of New Mexico's Energy Transition Act, including: extension of a Valencia Purchase Power
2025 ongoing earnings guidance to be affirmed during meetings ALBUQUERQUE, N.M., March 10, 2025 /PRNewswire/ -- TXNM Energy, Inc. (NYSE:TXNM) management will meet with analysts and investors this week. During the meetings, management is expected to affirm the company's 2025 consolidated earnings guidance of $2.74 to $2.84 per diluted share. Presentation materials are available on the company's website at http://www.pnmresources.com/investors/events.cfm Background:TXNM Energy (NYSE:TXNM), an energy holding company based in Albuquerque, New Mexico, delivers energy to more than
ALBUQUERQUE, N.M., March 6, 2025 /PRNewswire/ -- The Board of Directors of Public Service Company of New Mexico, a subsidiary of TXNM Energy (NYSE:TXNM), declared the regular quarterly dividend of $1.145 per share on the 4.58 percent series of cumulative preferred stock. The preferred stock dividend is payable April 15, 2025, to shareholders of record at the close of business March 31, 2025. Background:TXNM Energy (NYSE:TXNM), an energy holding company based in Albuquerque, New Mexico, delivers energy to more than 800,000 homes and businesses across Texas and New Mexico throug
2025 ongoing earnings guidance to be affirmed during meetings ALBUQUERQUE, N.M., March 4, 2025 /PRNewswire/ -- TXNM Energy, Inc. (NYSE:TXNM) management will meet with analysts and investors this week. During the meetings, management is expected to affirm the company's 2025 consolidated earnings guidance of $2.74 to $2.84 per diluted share. Presentation materials are available on the company's website at http://www.pnmresources.com/investors/events.cfm Background:TXNM Energy (NYSE:TXNM), an energy holding company based in Albuquerque, New Mexico, delivers energy to more than 800,000 homes and businesses across Texas and New Mexico through its regulated utilities, TNMP and PNM. For more info
ALBUQUERQUE, N.M., Feb. 25, 2025 /PRNewswire/ -- At its regular meeting held today, the Board of Directors of TXNM Energy, Inc. (NYSE:TXNM) declared the regular quarterly dividend of $0.4075 per share on the company's common stock. The dividend is payable May 16, 2025, to shareholders of record at the close of business April 25, 2025. Background:TXNM Energy (NYSE:TXNM), an energy holding company based in Albuquerque, New Mexico, delivers energy to more than 800,000 homes and businesses across Texas and New Mexico through its regulated utilities, TNMP and PNM. For more informat
2024 GAAP earnings of $2.67 per diluted share, ongoing earnings of $2.74 per diluted share achieves guidance expectation2025 ongoing earnings guidance range introduced at $2.74 - $2.84 per diluted share reflects strong Texas growth, mid-year implementation of PNM customer rate phase-inIncreased long-term earnings per share growth target of 7% to 9%ALBUQUERQUE, N.M., Feb. 21, 2025 /PRNewswire/ -- TXNM Energy (NYSE:TXNM) today reported 2024 earnings results and refreshed its growth outlook, increasing its long-term earnings growth target to 7% to 9%. In addition, management announced 2025 consolidated ongoing earnings guidance of $2.74 to $2.84 per diluted share.
ALBUQUERQUE, N.M., Jan. 21, 2025 /PRNewswire/ -- TXNM Energy, Inc. will announce 2024 financial results and introduce 2025 ongoing earnings guidance prior to the market opening on Friday, February 21, 2025. Management will also host a live conference call at 11 a.m. Eastern Time to discuss financial results and other company updates. The press release and accompanying presentation materials for the conference call will be posted on the company website at www.TXNMEnergy.com. Investors and analysts can participate in the live conference call by pre-registering using the followin
2024 ongoing earnings guidance to be affirmed during meetings ALBUQUERQUE, N.M., Jan. 8, 2025 /PRNewswire/ -- TXNM Energy, Inc. (NYSE:TXNM) management will meet with analysts and investors this week. During the meetings, management is expected to affirm the company's 2024 consolidated earnings guidance of $2.70 to $2.75 per diluted share. Presentation materials are available on the company's website at https://www.txnmenergy.com/investors/events-and-presentations. Background:TXNM Energy (NYSE:TXNM), an energy holding company based in Albuquerque, New Mexico, delivers energy