TXNM Stock - TXNM Energy, Inc.
Unlock GoAI Insights for TXNM
Get institutional-grade AI analysis, real-time signals, and deep market intelligence powered by advanced machine learning.
Free 14-day trial • No credit card required
Premium members get real-time SMS alerts
Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $1.97B | $1.94B | $2.25B | $1.78B | $1.52B |
| Gross Profit | $810.16M | $627.10M | $714.73M | $625.65M | $584.24M |
| Gross Margin | 41.1% | 32.3% | 31.8% | 35.2% | 38.4% |
| Operating Income | $462.47M | $303.26M | $394.59M | $309.35M | $286.38M |
| Net Income | $242.68M | $88.35M | $170.06M | $196.36M | $173.30M |
| Net Margin | 12.3% | 4.6% | 7.6% | 11.0% | 11.4% |
| EPS | $2.67 | $1.02 | $1.97 | $2.28 | $2.16 |
TXNM Energy, 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 communications, office and other equipment, office space, vehicles, and real estate. It generates electricity using coal, natural gas and oil, and nuclear fuel and waste, as well as solar, wind, geothermal, and battery storage 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. 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.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| October 27th 2025 | Jefferies | Downgrade | Hold | $61.25 |
| October 9th 2025 | Citigroup | Initiation | Neutral | $61.25 |
| March 11th 2025 | Mizuho | Upgrade | Outperform | $53 |
| February 11th 2025 | Evercore ISI | Upgrade | Outperform | $54← $51 |
| October 10th 2024 | Scotiabank | Initiation | Sector Perform | $46 |
| October 2nd 2024 | Jefferies | Initiation | Buy | $50 |
Earnings History & Surprises
TXNMEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 7, 2026 | — | — | — | — |
Q1 2026 | Feb 20, 2026 | — | — | — | — |
Q4 2025 | Oct 31, 2025 | $0.56 | $1.33 | +137.1% | ✓ BEAT |
Q3 2025 | Aug 1, 2025 | $0.46 | $0.25 | -45.7% | ✗ MISS |
Q2 2025 | May 9, 2025 | $0.20 | $0.19 | -5.0% | ✗ MISS |
Q1 2025 | Feb 21, 2025 | $0.30 | $0.30 | 0.0% | = MET |
Q4 2024 | Nov 1, 2024 | $1.41 | $1.43 | +1.4% | ✓ BEAT |
Q3 2024 | Jul 31, 2024 | $0.55 | $0.60 | +9.1% | ✓ BEAT |
Q2 2024 | Apr 30, 2024 | $0.68 | $0.41 | -39.7% | ✗ MISS |
Q4 2023 | Dec 31, 2023 | $0.14 | $-0.57 | -506.0% | ✗ MISS |
Q3 2023 | Sep 30, 2023 | $1.38 | $0.44 | -68.2% | ✗ MISS |
Q2 2023 | Jun 30, 2023 | $0.56 | $0.53 | -5.0% | ✗ MISS |
Q1 2023 | Mar 31, 2023 | $0.41 | $0.64 | +56.7% | ✓ BEAT |
Q4 2022 | Dec 30, 2022 | $0.13 | $0.18 | +38.8% | ✓ BEAT |
Q4 2022 | Nov 4, 2022 | $1.33 | $1.46 | +9.8% | ✓ BEAT |
Latest News
TXNM Energy's Subsidiary, Texas-New Mexico Power Company, And Blackstone Infrastructure Reach An Unanimous Settlement With Parties In Its Filed Application With The Public Utility Commission Of Texas; As Part Of The Acquisition, TNMP Will Provide A $45.5M Rate Credit To Customers
📈 PositiveTXNM Energy Raises Dividend From $1.63 To $1.69/Share
📈 PositiveTexas Utility TNMP Seeks Rate Hike After $2.8B System Expansion
📈 PositiveTXNM Energy Q3 Adj. EPS $1.33 Misses $1.48 Estimate, Sales $647.162M Beat $617.422M Estimate
➖ NeutralJefferies Downgrades TXNM Energy to Hold, Raises Price Target to $61.25
➖ NeutralTXNM Energy Shareholders Approve Acquisition By Blackstone Infrastructure, Anticipates Close In 2H 2026
📈 PositiveTXNM Energy Files Applications For Approval Of Its Proposed Acquisition By Blackstone Infrastructure With The New Mexico Public Regulation Commission, Public Utility Commission Of Texas And Federal Energy Regulatory Commission
➖ NeutralBlackstone to buy TXNM Energy in $11.5B deal
📈 PositiveTXNM Energy gains on report Blackstone in talks to buy
📈 PositiveFrequently Asked Questions about TXNM
What is TXNM's current stock price?
What is the analyst price target for TXNM?
What sector is TXNM Energy, Inc. in?
What is TXNM's market cap?
Does TXNM pay dividends?
Similar Stocks
Utilities SectorExplore stocks similar to TXNM for comparison