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 (EPS) guidance of 2.740-2.840 for the period, compared to the consensus estimate of 2.800. The company issued revenue guidance of -.

Analyst Ratings Changes

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

TXNM Energy Stock Up 3.2 %

Shares of TXNM Energy stock opened at $53.09 on Friday. The business’s fifty day moving average price is $48.53 and its two-hundred day moving average price is $45.52. 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 company has a market capitalization of $4.79 billion, a P/E ratio of 27.65, a PEG ratio of 6.12 and a beta of 0.40. TXNM Energy has a 1-year low of $35.35 and a 1-year high of $54.90.

TXNM Energy (NYSE:TXNM) last announced its earnings results on Friday, February 21st. The company reported $0.30 earnings per share for the quarter, meeting the consensus estimate of $0.30. TXNM Energy had a return on equity of 9.69% and a net margin of 9.26%. As a group, research analysts forecast that TXNM Energy will post 2.73 EPS for the current year.

TXNM Energy Increases Dividend

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