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

PNM Resources, Inc. (Holding Co.) (PNM): $36.77

0.51 (+1.41%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

C

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Industry: Utilities - Domestic

Industry

F

Ranked

#44 of 60

in industry

PNM Price/Volume Stats

Current price $36.77 52-week high $45.94
Prev. close $36.26 52-week low $34.63
Day low $36.39 Volume 518,400
Day high $37.00 Avg. volume 1,154,167
50-day MA $37.30 Dividend yield 4.26%
200-day MA $39.61 Market Cap 3.32B

PNM Stock Price Chart Interactive Chart >


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

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PNM Price Returns

1-mo -1.24%
3-mo -0.77%
6-mo -9.77%
1-year -14.97%
3-year -16.40%
5-year -16.22%
YTD -9.70%
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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