PNM Resources, Inc. (Holding Co.) (PNM): Price and Financial Metrics
PNM Price/Volume Stats
| Current price | $36.37 | 52-week high | $48.71 |
| Prev. close | $36.32 | 52-week low | $34.63 |
| Day low | $36.09 | Volume | 333,901 |
| Day high | $36.50 | Avg. volume | 1,380,851 |
| 50-day MA | $37.06 | Dividend yield | 4.27% |
| 200-day MA | $40.99 | Market Cap | 3.28B |
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.
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 AssetAmerican Electric Power (AEP) continues to streamline its operation by divesting non-core assets and adding more renewable assets to its generation portfolio. |
PNM Resources (PNM) to Sell Renewable Joint Venture for $230MPNM Resources (PNM) and American Electric Power inked a deal to divest around 50% stake each in New Mexico Renewable Development, LLC for $230 million. |
Electric Company AEP and PNM Unload 50% Solar Stake for $230M in Strategic ShiftAmerican 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 |
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 |
PNM Resources Announces Sale of Renewable Joint VenturePNM 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. |
PNM Price Returns
| 1-mo | -1.85% |
| 3-mo | 0.34% |
| 6-mo | -13.47% |
| 1-year | -21.78% |
| 3-year | -19.05% |
| 5-year | -7.14% |
| YTD | -10.68% |
| 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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