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

TXNM Energy (NYSE:TXNM) updated its FY 2025 earnings guidance on Friday. The company provided earnings per share guidance of 2.740-2.840 for the period, compared to the consensus earnings per share estimate of 2.800. The company issued revenue guidance of -.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on TXNM shares. Wells Fargo & Company upped their price objective on shares of TXNM Energy from $49.00 to $53.00 and gave the company an “overweight” rating in a report on Tuesday, November 26th. Barclays upped their price target on TXNM Energy from $46.00 to $52.00 and gave the stock an “overweight” rating in a research note on Friday, November 29th. Scotiabank raised their price objective on TXNM Energy from $46.00 to $52.00 and gave the company a “sector perform” rating in a research note on Thursday, December 12th. Evercore ISI upgraded TXNM Energy from an “in-line” rating to an “outperform” rating and increased their target price for the stock from $51.00 to $54.00 in a report on Tuesday, February 11th. Finally, Citigroup upped their price objective on shares of TXNM Energy from $45.00 to $53.00 and gave the stock a “neutral” rating in a report on Thursday, December 12th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $52.33.

TXNM Energy Trading Up 3.2 %

Shares of TXNM Energy stock opened at $53.09 on Friday. The company has a market capitalization of $4.79 billion, a P/E ratio of 27.65, a price-to-earnings-growth ratio of 6.12 and a beta of 0.40. The stock has a fifty day simple moving average of $48.61 and a 200 day simple moving average of $45.61. TXNM Energy has a 12-month low of $35.35 and a 12-month high of $54.90. The company has a current ratio of 0.36, a quick ratio of 0.27 and a debt-to-equity ratio of 1.80.

TXNM Energy (NYSE:TXNM) last posted its earnings results on Friday, February 21st. The company reported $0.30 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.30. TXNM Energy had a net margin of 9.26% and a return on equity of 9.69%. The firm had revenue of $476.96 million during the quarter, compared to analyst estimates of $496.05 million. On average, sell-side analysts anticipate that TXNM Energy will post 2.73 earnings per share for the current fiscal year.

TXNM Energy Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, January 31st were given a dividend of $0.4075 per share. The ex-dividend date was Friday, January 31st. This represents a $1.63 annualized dividend and a dividend yield of 3.07%. This is a boost from TXNM Energy’s previous quarterly dividend of $0.39. TXNM Energy’s dividend payout ratio (DPR) is currently 84.90%.

About TXNM Energy

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.