|Bid||0.00 x 1100|
|Ask||0.00 x 800|
|Day's Range||41.61 - 42.02|
|52 Week Range||33.75 - 45.35|
|Beta (3Y Monthly)||0.30|
|PE Ratio (TTM)||38.82|
|Earnings Date||Feb 27, 2019|
|Forward Dividend & Yield||1.16 (2.78%)|
|1y Target Est||39.17|
During the meetings, management is expected to affirm the company's 2018 consolidated earnings guidance of $1.95 to $1.98 per diluted share, noting that it is possible that favorable weather impacts during the fourth quarter may result in 2018 earnings above this level. Management is also expected to affirm the company's 2019 consolidated earnings guidance of $2.08 to $2.18 per diluted share. Presentation materials are available on the company's website at http://www.pnmresources.com/investors/events.cfm.
NEW YORK, Jan. 09, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
ALBUQUERQUE, N.M. , Jan. 2, 2019 /PRNewswire/ -- The Board of Directors of PNM Resources (NYSE: PNM) announces the addition of two new directors, Vicky A. Bailey and James A. Hughes . The terms for both ...
The New Year’s Day snow storm has forced the closure of many offices statewide, as dangerous road conditions are declared throughout the central and eastern parts of the state.
Pat Vincent-Collawn became the CEO of PNM Resources, Inc. (NYSE:PNM) in 2010. This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. Then we'll Read More...
PNM Resources (PNM) continues to improve its quality of services. In this regard, it adds a new technology to its existing operation.
ALBUQUERQUE, N.M., Dec. 26, 2018 /PRNewswire/ -- PNM, the wholly-owned New Mexico utility subsidiary of PNM Resources (PNM), has become the first utility worldwide to implement leading-edge technology on its high-voltage transmission lines. A new type of protective relay, developed by Schweitzer Engineering Laboratories (SEL), provides significant enhancements to the reliability and functionality of the PNM grid. This advanced technology improves service to customers while reducing annual maintenance costs.
ALBUQUERQUE, N.M. , Dec. 20, 2018 /PRNewswire/ -- TNMP, the wholly owned Texas transmission and distribution utility subsidiary of PNM Resources (NYSE: PNM), received unanimous approval today by the Public ...
ALBUQUERQUE, N.M. , Dec. 20, 2018 /PRNewswire/ -- The New Mexico Public Regulation Commission (NMPRC) yesterday unanimously approved an order pertaining to plans by PNM, the wholly owned New Mexico utility ...
ALBUQUERQUE, N.M., Dec. 19, 2018 /PRNewswire/ -- Today, the New Mexico Public Regulation Commission (NMPRC) unanimously approved an order accepting the Integrated Resources Plan (IRP) filed by PNM, the New Mexico utility subsidiary of PNM Resources' (PNM). The IRP, filed with the NMPRC in July 2017, presents a road map for PNM to eliminate coal-fired generation by 2031. Highlights of the IRP include the retirement of the remaining units at the San Juan Generating Station by the end of 2022 and the exit by PNM from its 13 percent participation in the Four Corners Power Plant when the existing coal-supply agreement expires in 2031.
“October lived up to its scary reputation—the S&P 500 falling in the month by the largest amount in the last 40 years, the only worse Octobers being ’08 and the Crash of ’87. For perspective, there have been only 5 occasions in those 40 years when the S&P 500 declined by greater than 20% from […]
ALBUQUERQUE, N.M., Dec. 7, 2018 /PRNewswire/ -- The Board of Directors of PNM Resources (PNM) yesterday unanimously voted to increase the company's annual dividend payment by $0.10, a 9.4 percent increase, to an indicated annual rate of $1.16 per share of common stock. Management also affirmed its consolidated ongoing earnings guidance of $2.08 to $2.18 per diluted share for 2019. "In light of our financial forecasts, the board has determined that it is appropriate to move higher within our targeted payout ratio of 50 to 60% and begin targeting the mid to upper end of that range," said Pat Vincent-Collawn, PNM Resources' chairman, president and CEO.
ALBUQUERQUE, N.M. , Dec. 7, 2018 /PRNewswire/ -- The Board of Directors of PNM, a subsidiary of PNM Resources (NYSE: PNM), has declared the regular quarterly dividend of $1.145 per share on the 4.58 percent ...
Dividends play a key role in compounding returns over time and can form a large part of our portfolio return. Historically, PNM Resources Inc (NYSE:PNM) has paid a dividend to Read More...
ALBUQUERQUE, N.M., Nov. 26, 2018 /PRNewswire/ -- PNM Resources' (PNM) New Mexico utility, PNM, announced a new program designed to support governmental, tribal and large customers in meeting their sustainable energy goals. The program, PNM Solar Direct, is a first-of-its-kind, innovative opportunity in New Mexico for local governments, tribes and large electric customers to subscribe to energy produced by a large-scale solar facility. In connection with the program, PNM has issued a request for proposals through Feb. 1, 2019 for a 50 megawatt solar facility that will add to the 874 megawatts of solar, wind and geothermal resources already planned to serve PNM customers in 2021.
Two green energy jobs are the fastest-growing in New Mexico. Solar photovoltaic installation is projected to be the fastest-growing occupation in New Mexico, according to the Department of Workforce Solutions Occupational Outlook report. The second-fastest-growing is wind turbine service technician.
By 2020, PNM presented its planned solar capacity to increase to 287 megawatts and 487 MW by 2025, when its wind capacity will be at 521 MW.
2018, 2019 ongoing earnings guidance to be affirmed during meetings ALBUQUERQUE, N.M. , Nov. 9, 2018 /PRNewswire/ -- PNM Resources (NYSE: PNM) management will meet with analysts and investors at the Edison ...
NEW YORK, Nov. 09, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.