PNM Resources Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $44.26
- Today's High:
- $44.5
- Open Price:
- $44.5
- 52W Low:
- $43.6654
- 52W High:
- $48.6898
- Prev. Close:
- $44.43
- Volume:
- 401323
Company Statistics
- Market Cap.:
- $3.81 billion
- Book Value:
- 26.356
- Revenue TTM:
- $2.33 billion
- Operating Margin TTM:
- 18.3%
- Gross Profit TTM:
- $1.02 billion
- Profit Margin:
- 10.25%
- Return on Assets TTM:
- 2.87%
- Return on Equity TTM:
- 11.32%
Company Profile
PNM Resources Inc had its IPO on 1984-08-10 under the ticker symbol PNM.
The company operates in the Utilities sector and Utilities-Regulated Electric industry. PNM Resources Inc has a staff strength of 1,537 employees.
Stock update
Shares of PNM Resources Inc opened at $44.5 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $44.26 - $44.5, and closed at $44.3.
This is a -0.29% slip from the previous day's closing price.
A total volume of 401,323 shares were traded at the close of the day’s session.
In the last one week, shares of PNM Resources Inc have slipped by -0.18%.
PNM Resources Inc's Key Ratios
PNM Resources Inc has a market cap of $3.81 billion, indicating a price to book ratio of 1.9094 and a price to sales ratio of 1.9954.
In the last 12-months PNM Resources Inc’s revenue was $2.33 billion with a gross profit of $1.02 billion and an EBITDA of $770.92 million. The EBITDA ratio measures PNM Resources Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, PNM Resources Inc’s operating margin was 18.3% while its return on assets stood at 2.87% with a return of equity of 11.32%.
In Q2, PNM Resources Inc’s quarterly earnings growth was a positive 195.3% while revenue growth was a negative 4.5%.
PNM Resources Inc’s PE and PEG Ratio
- Forward PE
- 18.1818
- Trailing PE
- 16.0397
- PEG
- 3.1885
Its diluted EPS in the last 12-months stands at $2.77 per share while it has a forward price to earnings multiple of 18.1818 and a PEG multiple of 3.1885. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into PNM Resources Inc’s profitability.
PNM Resources Inc stock is trading at a EV to sales ratio of 3.9893 and a EV to EBITDA ratio of 12.8582. Its price to sales ratio in the trailing 12-months stood at 1.9954.
PNM Resources Inc stock pays annual dividends of $1.45 per share, indicating a yield of 3.32% and a payout ratio of 53.51%.
Balance sheet and cash flow metrics
- Total Assets
- $9.63 billion
- Total Liabilities
- $1.11 billion
- Operating Cash Flow
- $-278830000.00
- Capital Expenditure
- $393.66 million
- Dividend Payout Ratio
- 53.51%
PNM Resources Inc ended 2024 with $9.63 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $9.63 billion while shareholder equity stood at $2.27 billion.
PNM Resources Inc ended 2024 with $0 in deferred long-term liabilities, $1.11 billion in other current liabilities, 1423827000.00 in common stock, $897.65 million in retained earnings and $278.30 million in goodwill. Its cash balance stood at $7.64 million and cash and short-term investments were $7.64 million. The company’s total short-term debt was $757,663,000 while long-term debt stood at $3.93 billion.
PNM Resources Inc’s total current assets stands at $404.64 million while long-term investments were $539.80 million and short-term investments were $0. Its net receivables were $222.73 million compared to accounts payable of $147.59 million and inventory worth $81.02 million.
In 2024, PNM Resources Inc's operating cash flow was $-278830000.00 while its capital expenditure stood at $393.66 million.
Comparatively, PNM Resources Inc paid $0.54 in dividends in 2024.
Other key metrics
- Current Trading Price
- $44.3
- 52-Week High
- $48.6898
- 52-Week Low
- $43.6654
- Analyst Target Price
- $50.93
PNM Resources Inc stock is currently trading at $44.3 per share. It touched a 52-week high of $48.6898 and a 52-week low of $48.6898. Analysts tracking the stock have a 12-month average target price of $50.93.
Its 50-day moving average was $44.53 and 200-day moving average was $46.71 The short ratio stood at 4.46 indicating a short percent outstanding of 0%.
Around 118.6% of the company’s stock are held by insiders while 8878.7% are held by institutions.
Frequently Asked Questions About PNM Resources Inc
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About
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 owns and leases communication, office and other equipment, office space, vehicles, and real estate. It generates electricity using coal, natural gas and oil, nuclear fuel, solar, wind, and geothermal energy sources. The TNMP segment provides regulated transmission and distribution services. The segment also 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. PNM Resources, Inc. was founded in 1882 and is headquartered in Albuquerque, New Mexico.