Jefferies initiated coverage on TXNM Energy with a new price target
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Jefferies initiated coverage of TXNM Energy with a rating of Buy and set a new price target of $50.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/10/2024 | $46.00 | Sector Perform | Scotiabank |
| 10/2/2024 | $50.00 | Buy | Jefferies |
SC 13G - TXNM ENERGY INC (0001108426) (Subject)
SC 13G - TXNM ENERGY INC (0001108426) (Subject)
SC 13G/A - TXNM ENERGY INC (0001108426) (Subject)
ALBUQUERQUE, N.M., Nov. 19, 2024 /PRNewswire/ -- TNMP, a wholly-owned subsidiary of TXNM Energy (NYSE:TXNM), filed an unopposed joint motion yesterday to abate the procedural schedule in its System Resiliency Plan filing, including the hearing on the merits that is currently scheduled for November 19-20, 2024. The administrative law judge approved TNMP's request. The parties participating in this proceeding have reached a settlement in principle, or are unopposed to the settlement in principle, and require time to memorialize and file a formal settlement agreement. The filing
ALBUQUERQUE, N.M., Nov. 15, 2024 /PRNewswire/ -- PNM, a wholly-owned subsidiary of TXNM Energy (NYSE:TXNM), filed a joint notice with the New Mexico Public Regulation Commission (NMPRC) indicating several parties have reached a Settlement in Principle in PNM's 2025 Rate Request application. In order to facilitate the completion of a comprehensive stipulation, parties filed an unopposed joint motion to request a modification to the procedural schedule in the case to vacate the November 26, 2024, testimony deadline. The motion requests a scheduling conference during the week of
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
4 - TXNM ENERGY INC (0001108426) (Issuer)
4 - TXNM ENERGY INC (0001108426) (Issuer)
3 - TXNM ENERGY INC (0001108426) (Issuer)
10-Q - TXNM ENERGY INC (0001108426) (Filer)
8-K - TXNM ENERGY INC (0001108426) (Filer)
8-K - TXNM ENERGY INC (0001108426) (Filer)
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
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
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