PNM - PNM Resources, Inc.

NYSE - NYSE Delayed Price. Currency in USD
54.51
-0.32 (-0.58%)
At close: 4:03PM EST
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Previous Close54.83
Open54.90
Bid54.61 x 800
Ask65.80 x 1400
Day's Range54.44 - 55.32
52 Week Range43.19 - 56.14
Volume562,375
Avg. Volume532,229
Market Cap4.342B
Beta (5Y Monthly)0.22
PE Ratio (TTM)N/A
EPS (TTM)-0.12
Earnings DateFeb 27, 2020
Forward Dividend & Yield1.23 (2.24%)
Ex-Dividend DateJan 30, 2020
1y Target Est53.00
  • PR Newswire

    PNM Resources Board Declares Quarterly Common Stock Dividend

    At its regular meeting held today, the Board of Directors of PNM Resources (NYSE: PNM) declared the regular quarterly dividend of $0.3075 per share on the company's common stock. The dividend is payable May 15, 2020, to shareholders of record at the close of business May 1, 2020.

  • Is PNM Resources, Inc. (NYSE:PNM) A Strong Dividend Stock?
    Simply Wall St.

    Is PNM Resources, Inc. (NYSE:PNM) A Strong Dividend Stock?

    Today we'll take a closer look at PNM Resources, Inc. (NYSE:PNM) from a dividend investor's perspective. Owning a...

  • PR Newswire

    PNM Resources to Announce 2019 Fourth Quarter and Year-End Earnings on February 28

    PNM Resources (NYSE: PNM) will announce 2019 fourth quarter and year-end financial results prior to the market opening on Friday, February 28, 2020. The earnings news release will be issued at 6:30 a.m. Eastern and also will be posted on the company's website at www.PNMResources.com.

  • PR Newswire

    New Mexico Supreme Court Ruling Confirms Applicability of Energy Transition Act To PNM Filing

    Today the New Mexico Supreme Court ruled on a joint Emergency Verified Petition from New Mexico Governor Lujan Grisham, Navajo Nation President Jonathan Nez, Speaker of the New Mexico House of Representatives Brian Egolf and other New Mexico lawmakers to provide clarification about the applicability of the Energy Transition Act (ETA) to PNM's application for San Juan Generating Station abandonment, securitization and replacement power.

  • PNM Resources names new CFO
    American City Business Journals

    PNM Resources names new CFO

    The newly promoted executive joined PNM Resources in 1996. His promotion was one of several leadership changes the company announced Wednesday.

  • PR Newswire

    PNM Resources Affirms Ongoing Earnings Guidance

    Following its common equity offering earlier this week, PNM Resources (NYSE: PNM) management has affirmed its 2019 consolidated earnings guidance of $2.13 to $2.16 per diluted share and 2020 consolidated earnings guidance of $2.16 to $2.26 per diluted share.

  • PNM Resources (PNM) to Issue 5.4M Equity to Repay Debts
    Zacks

    PNM Resources (PNM) to Issue 5.4M Equity to Repay Debts

    PNM Resources (PNM) decides to issue 5.4M equity and use the proceeds to lower debt level.

  • PR Newswire

    PNM Resources Management to Meet with Investors

    PNM Resources (NYSE: PNM) management will meet with analysts and investors this week in Arizona.

  • PR Newswire

    PNM Resources Announces Pricing of Upsized Common Stock Offering with a Forward Component

    PNM Resources (NYSE: PNM) announced today it has priced an underwritten public offering of 5,375,000 shares of its common stock for approximate gross proceeds of $260.7 million in connection with the forward sale agreements described below. The offering was upsized from the previously announced 4,900,000 shares of common stock. Subject to certain conditions, all shares are expected to be borrowed by the forward purchasers (as defined below) (or their respective affiliates) from third parties and sold to the underwriters and offered in connection with such forward sale agreements. Citigroup, BofA Securities, Wells Fargo Securities, LLC and Evercore Group L.L.C. are acting as the joint book-running managers for this offering and Citigroup and BofA Securities are acting as representatives of the underwriters of the offering. The underwriters may offer shares of PNM Resources' common stock in transactions on the New York Stock Exchange, in the over-the-counter market, through negotiated transactions or otherwise at market prices, at prices related to market prices or at negotiated prices. Closing of the offering is expected to occur on or about January 10, 2020, subject to customary closing conditions.

  • PR Newswire

    PNM Resources Announces Public Offering of Common Stock with a Forward Component

    PNM Resources (NYSE: PNM) announced today the commencement of an underwritten public offering of 4,900,000 shares of its common stock. Subject to certain conditions, all shares are expected to be borrowed by the forward purchasers (as defined below) (or their respective affiliates) from third parties and sold to the underwriters and offered in connection with the forward sale agreements described below. Citigroup, BofA Securities, Wells Fargo Securities, LLC and Evercore Group L.L.C. are acting as the joint book-running managers for this offering and Citigroup and BofA Securities are acting as representatives of the underwriters of the offering. The underwriters may offer shares of PNM Resources' common stock in transactions on the New York Stock Exchange, in the over-the-counter market, through negotiated transactions or otherwise at market prices, at prices related to market prices or at negotiated prices.

  • PNM Resources (PNM) Revises 2019 View and Hikes Dividend
    Zacks

    PNM Resources (PNM) Revises 2019 View and Hikes Dividend

    Strong cash flow and impressive performance enable PNM Resources' (PNM) board of directors to increase dividend regularly.

  • PR Newswire

    PNM Resources Announces 2020 Ongoing Earnings Guidance, Raises 2019 Ongoing Earnings Guidance

    PNM Resources (NYSE: PNM) management announces the company's 2020 ongoing earnings guidance of $2.16 to $2.26 per diluted share. In addition, management raises its 2019 consolidated ongoing earnings guidance to $2.13 to $2.16 per diluted share.

  • Hedge Funds Are Dipping Their Toes Into PNM Resources, Inc. (PNM)
    Insider Monkey

    Hedge Funds Are Dipping Their Toes Into PNM Resources, Inc. (PNM)

    After several tireless days we have finished crunching the numbers from nearly 750 13F filings issued by the elite hedge funds and other investment firms that we track at Insider Monkey, which disclosed those firms' equity portfolios as of September 30th. The results of that effort will be put on display in this article, as […]

  • PNM Resources (NYSE:PNM) Shareholders Booked A 76% Gain In The Last Five Years
    Simply Wall St.

    PNM Resources (NYSE:PNM) Shareholders Booked A 76% Gain In The Last Five Years

    Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the...

  • 5 Reasons to Add Spark Energy (SPKE) to Your Portfolio Now
    Zacks

    5 Reasons to Add Spark Energy (SPKE) to Your Portfolio Now

    Strong price appreciation and upward estimate revision make Spark Energy (SPKE) a smart choice for your portfolio at the moment.

  • PR Newswire

    PNM Resources Board Increases Dividend Payment, Declares Quarterly Common Stock Dividend

    The Board of Directors of PNM Resources (NYSE: PNM) today unanimously voted to increase the company's annual dividend payment by $0.07, a 6.0 percent increase, to an indicated annual rate of $1.23 per share of common stock. This is consistent with the company's target to pay out 50 to 60 percent of annual ongoing earnings. The board has declared the resulting quarterly stock dividend of $0.3075 per share, payable February 14, 2020, to shareholders of record at the close of business February 3, 2020.

  • PNM Resources (PNM) Down 7.1% Since Last Earnings Report: Can It Rebound?
    Zacks

    PNM Resources (PNM) Down 7.1% Since Last Earnings Report: Can It Rebound?

    PNM Resources (PNM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • PR Newswire

    PNM Resources to Announce 2020 Earnings Guidance on Dec. 18

    PNM Resources (NYSE: PNM) will announce its 2020 ongoing earnings guidance prior to the market opening on Wednesday, Dec. 18, 2019. The news release will be issued at 6:30 a.m. Eastern and also will be posted on the company's website at www.PNMResources.com.

  • PNM Resources Boosts Assets, to Invest $3.9 B in Next 5 Years
    Zacks

    PNM Resources Boosts Assets, to Invest $3.9 B in Next 5 Years

    PNM Resources (PNM) is a promising investment option and is set to provide better returns to investors.

  • Thomson Reuters StreetEvents

    Edited Transcript of PNM earnings conference call or presentation 1-Nov-19 3:00pm GMT

    Q3 2019 PNM Resources Inc Earnings Call

  • PNM Resources Enters Oversold Territory
    Zacks

    PNM Resources Enters Oversold Territory

    PNM Resources has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock.

  • Clearway Energy (CWEN) Lags Q3 Earnings & Revenue Estimates
    Zacks

    Clearway Energy (CWEN) Lags Q3 Earnings & Revenue Estimates

    Clearway Energy's (CWEN) Q3 earnings are lower than expected. The company reiterated its CAFD guidance for 2019 and expects strong contribution from operating segments.

  • Moody's

    Public Service Company of New Mexico -- Moody's announces completion of a periodic review of ratings of PNM Resources, Inc.

    Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of PNM Resources, Inc. New York, November 06, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of PNM Resources, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

  • PNM Resources' (PNM) Earnings Beat Estimates in Q3, Up Y/Y
    Zacks

    PNM Resources' (PNM) Earnings Beat Estimates in Q3, Up Y/Y

    Warmer-than-normal weather drives PNM Resources' (PNM) Q3 results.