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TXNM Energy, Inc., through its subsidiaries, provides electricity and electric services in the United States. The company engages in the generation, transmission, and distribution of electricity for retail electric customers in New Mexico; and owns and leases communications, office and other equipment, office space, vehicles, energy storage facilities, and real estate. It also provides regulated transmission and distribution services in Texas, as well as owns and leases vehicles, service facilities, and office locations throughout its service territory. The company serves residential, commercial, and industrial customers and end-users of electricity in New Mexico and Texas. The company was formerly known as PNM Resources, Inc and changed its name to TXNM Energy, Inc. in August 2024. TXNM Energy, Inc. was founded in 1882 and is based in Albuquerque, New Mexico.
Small-Cap Powerhouse | Explore TXNM Energy's transformation from Texas New Mexico to a promising player in the Power & Utilities sector, catching analysts' attention with its growth potential |
Financial Trajectory | Delve into TXNM's financial outlook, with projected EPS of $2.72 for FY1 and $2.77 for FY2, and a recent stock price of $40.19 with a $3.6252B market cap |
Growth Catalysts | Uncover TXNM's strategic focus on capital expenditures, with every $150M invested potentially lifting EPS by 0.80%, and the impact of the upcoming New Mexico rate case |
Market Positioning | Learn how TXNM navigates industry trends, regulatory challenges, and competition as a small-cap utility, with analyst price targets reaching $45.00 |
Metrics to compare | TXNM | Sector Sector - Average of metrics from a broad group of related Utilities sector companies | Relationship RelationshipTXNMPeersSector | |
---|---|---|---|---|
P/E Ratio | 25.7x | 21.1x | 12.0x | |
PEG Ratio | 0.18 | 3.74 | 0.02 | |
Price/Book | 2.1x | 2.2x | 1.3x | |
Price / LTM Sales | 2.6x | 3.8x | 1.5x | |
Upside (Analyst Target) | 3.5% | 8.1% | 13.6% | |
Fair Value Upside | Unlock | −20.4% | 4.8% | Unlock |