|Bid||45.80 x 800|
|Ask||45.86 x 800|
|Day's Range||45.40 - 46.45|
|52 Week Range||27.08 - 56.14|
|Beta (5Y Monthly)||0.61|
|PE Ratio (TTM)||20.66|
|Earnings Date||Oct 30, 2020|
|Forward Dividend & Yield||1.23 (2.67%)|
|Ex-Dividend Date||Oct 30, 2020|
|1y Target Est||46.89|
Moody's Investors Service, ("Moody's") affirmed the ratings of Texas-New Mexico Power Company (TNMP), including its A3 Issuer rating and its A1 senior secured rating, and revised the outlook to negative from stable. TNMP is a transmission and distribution (T&D) utility subsidiary of PNM Resources, Inc. (PNMR, Baa3 stable).
Public Service Company of New Mexico (PNM), the wholly-owned New Mexico utility subsidiary of PNM Resources, Inc. (NYSE: PNM), today joins the partners of the PNM Solar Direct® program to celebrate the groundbreaking of the 50-megawatt solar facility supplying emissions-free energy to customers. The virtual groundbreaking provides a glimpse into the first utility-scale solar facility on Jicarilla Apache Nation land and the third largest solar facility on tribal lands in the United States.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of PNM Resources, Inc. New York, October 14, 2020 -- 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.