PNM Resources, Inc. (Holding Co.) (PNM): Price and Financial Metrics

PNM Resources, Inc. (Holding Co.) (PNM): $36.95

0.25 (+0.68%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

C

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Industry: Utilities - Domestic

Industry

F

Ranked

#59 of 63

in industry

PNM Price/Volume Stats

Current price $36.95 52-week high $49.14
Prev. close $36.70 52-week low $34.63
Day low $36.13 Volume 1,368,100
Day high $37.16 Avg. volume 1,824,919
50-day MA $37.09 Dividend yield 4.23%
200-day MA $42.25 Market Cap 3.33B

PNM Stock Price Chart Interactive Chart >

PNM POWR Grades

  • Stability is the dimension where PNM ranks best; there it ranks ahead of 57.54% of US stocks.
  • PNM's strongest trending metric is Quality; it's been moving down over the last 26 weeks.
  • PNM ranks lowest in Growth; there it ranks in the 3rd percentile.

PNM Stock Summary

  • PNM's went public 38.03 years ago, making it older than 92.92% of listed US stocks we're tracking.
  • The ratio of debt to operating expenses for PNM RESOURCES INC is higher than it is for about 90.81% of US stocks.
  • The volatility of PNM RESOURCES INC's share price is greater than that of merely 4.29% US stocks with at least 200 days of trading history.
  • Stocks with similar financial metrics, market capitalization, and price volatility to PNM RESOURCES INC are AROC, SKT, SJW, AWR, and YORW.
  • PNM's SEC filings can be seen here. And to visit PNM RESOURCES INC's official web site, go to www.pnmresources.com.

PNM Valuation Summary

  • In comparison to the median Utilities stock, PNM's price/sales ratio is 22.73% lower, now standing at 1.7.
  • Over the past 243 months, PNM's price/sales ratio has gone up 0.9.

Below are key valuation metrics over time for PNM.

Stock Date P/S P/B P/E EV/EBIT
PNM 2023-12-27 1.7 1.6 23.3 24.4
PNM 2023-12-26 1.7 1.6 23.5 24.5
PNM 2023-12-22 1.7 1.6 23.6 24.5
PNM 2023-12-21 1.7 1.6 23.9 24.7
PNM 2023-12-20 1.7 1.6 23.7 24.6
PNM 2023-12-19 1.8 1.7 24.1 24.8

PNM Growth Metrics

    The 4 year net cashflow from operations growth rate now stands at 7.85%.
  • Its 2 year price growth rate is now at 22.25%.
  • Its 5 year revenue growth rate is now at 4.3%.
PNM's revenue has moved up $682,349,000 over the prior 49 months.

The table below shows PNM's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-09-30 2,107.811 566.857 164.477
2022-06-30 1,932.474 591.174 155.365
2022-03-31 1,859.284 578.006 193.713
2021-12-31 1,779.873 547.873 195.301
2021-09-30 1,705.074 526.255 192.991
2021-06-30 1,622.988 494.481 201.438

PNM's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • PNM has a Quality Grade of C, ranking ahead of 62.05% of graded US stocks.
  • PNM's asset turnover comes in at 0.213 -- ranking 54th of 105 Utilities stocks.
  • CEQP, XEL, and PCYO are the stocks whose asset turnover ratios are most correlated with PNM.

The table below shows PNM's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-09-30 0.213 0.509 0.030
2021-06-30 0.204 0.538 0.033
2021-03-31 0.199 0.557 0.035
2020-12-31 0.199 0.562 0.032
2020-09-30 0.201 0.577 0.035
2020-06-30 0.200 0.583 0.034

PNM Price Target

For more insight on analysts targets of PNM, see our PNM price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $50.06 Average Broker Recommendation 2.14 (Hold)

PNM Resources, Inc. (Holding Co.) (PNM) Company Bio


PNM Resources operates in energy and energy-related businesses in the United States, serving customers in New Mexico and Texas. The company was founded in 1917 and is based in Albuquerque, New Mexico.


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Latest PNM News From Around the Web

Below are the latest news stories about PNM RESOURCES INC that investors may wish to consider to help them evaluate PNM as an investment opportunity.

American Electric Power (AEP) to Sell Stake in New Mexico Asset

American Electric Power (AEP) continues to streamline its operation by divesting non-core assets and adding more renewable assets to its generation portfolio.

Yahoo | December 28, 2023

PNM Resources (PNM) to Sell Renewable Joint Venture for $230M

PNM Resources (PNM) and American Electric Power inked a deal to divest around 50% stake each in New Mexico Renewable Development, LLC for $230 million.

Yahoo | December 28, 2023

Electric Company AEP and PNM Unload 50% Solar Stake for $230M in Strategic Shift

American Electric Power Co Inc (NASDAQ: AEP), along with PNM Resources Inc (NYSE: PNM), inked a deal to divest around 50% stake each in New Mexico Renewable Development, LLC (NMRD) to Exus North America Holdings, LLC for about $230 million. In particular, AEP and PNM Resources intend to sell the portfolio of 15 solar projects totaling 625 megawatts (MW). AEP's share of the sale is around $115 million, and it expects to garner about $104 million in cash after tax, transaction fees, and other cust

Yahoo | December 26, 2023

Utilities AEP, PNM Sell New Mexico Solar Assets for $230 Million

(Bloomberg) -- American Electric Power and PNM Resources Inc. have entered into an agreement to sell their joint venture New Mexico Renewable Development, which consists of 15 solar projects, to Exus North America Holdings LLC for about $230 million.Most Read from BloombergChinese Carmaker Overtakes Tesla as World’s Most Popular EV MakerTesla Plans Revamp of Smash Hit Model Y From China PlantApple’s iPhone Design Chief Enlisted by Jony Ive, Sam Altman to Work on AI DevicesGhost Ships at Reawaken

Yahoo | December 26, 2023

PNM Resources Announces Sale of Renewable Joint Venture

PNM Resources (NYSE: PNM) has entered into an agreement to sell its 50% ownership interest in its renewable joint venture, New Mexico Renewable Development, LLC (NMRD) to Exus North America Holdings, LLC. PNM Resources and American Electric Power (AEP), which also owns 50% of NMRD, have agreed to sell the NMRD portfolio for approximately $230 million subject to true-up adjustments at close.

Yahoo | December 26, 2023

Read More 'PNM' Stories Here

PNM Price Returns

1-mo -1.36%
3-mo -11.91%
6-mo -16.03%
1-year -21.94%
3-year -17.20%
5-year -9.41%
YTD -10.22%
2023 -11.99%
2022 10.19%
2021 -3.48%
2020 -1.74%
2019 26.50%

PNM Dividends

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Continue Researching PNM

Here are a few links from around the web to help you further your research on Pnm Resources Inc's stock as an investment opportunity:

Pnm Resources Inc (PNM) Stock Price | Nasdaq
Pnm Resources Inc (PNM) Stock Quote, History and News - Yahoo Finance
Pnm Resources Inc (PNM) Stock Price and Basic Information | MarketWatch

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