TXNM Energy (NYSE:TXNM) Issues FY 2025 Earnings Guidance

TXNM Energy (NYSE:TXNM) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 2.740-2.840 for the period, compared to the consensus estimate of 2.790. The company issued revenue guidance of -.

Analyst Ratings Changes

A number of equities analysts recently issued reports on TXNM shares. Scotiabank raised their price objective on shares of TXNM Energy from $52.00 to $55.00 and gave the stock a “sector perform” rating in a report on Monday, February 24th. Barclays raised their target price on TXNM Energy from $56.00 to $57.00 and gave the stock an “overweight” rating in a report on Tuesday, March 18th. Mizuho raised TXNM Energy from a “neutral” rating to an “outperform” rating and set a $53.00 price target for the company in a report on Tuesday, March 11th. Finally, Evercore ISI raised TXNM Energy from an “in-line” rating to an “outperform” rating and lifted their price objective for the company from $51.00 to $54.00 in a research report on Tuesday, February 11th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $53.57.

TXNM Energy Stock Down 0.4 %

Shares of TXNM opened at $52.74 on Friday. The company has a debt-to-equity ratio of 1.80, a current ratio of 0.36 and a quick ratio of 0.27. The stock has a market capitalization of $4.89 billion, a price-to-earnings ratio of 27.47, a price-to-earnings-growth ratio of 6.12 and a beta of 0.11. TXNM Energy has a 1 year low of $39.60 and a 1 year high of $55.50. The business’s 50 day simple moving average is $52.34 and its 200-day simple moving average is $49.50.

TXNM Energy (NYSE:TXNM) last announced its earnings results on Friday, May 9th. The company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.24). TXNM Energy had a net margin of 9.26% and a return on equity of 9.69%. As a group, equities analysts expect that TXNM Energy will post 2.73 earnings per share for the current fiscal year.

TXNM Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 16th. Shareholders of record on Friday, April 25th will be paid a dividend of $0.4075 per share. This represents a $1.63 annualized dividend and a yield of 3.09%. The ex-dividend date of this dividend is Friday, April 25th. TXNM Energy’s payout ratio is 61.05%.

TXNM Energy Company Profile

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.