PNM Resources Inc (PNM)

PNM (NYSE:Utilities) EQUITY
$41.60
neg -0.10
-0.24%
Today's Range: 41.58 - 42.15 | PNM Avg Daily Volume: 509,600
Last Update: 09/20/17 - 4:02 PM EDT
Volume: 727,528
YTD Performance: 21.57%
Open: $41.80
Previous Close: $41.70
52 Week Range: $30.95 - $43.05
Oustanding Shares: 79,653,624
Market Cap: 3,311,997,686
6-Month Chart
TheStreet Ratings Grade for PNM
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 1 1 2 2
Moderate Buy 0 0 0 0
Hold 6 7 5 5
Moderate Sell 0 0 0 0
Strong Sell 2 1 1 1
Mean Rec. 3.22 3.00 2.75 2.75
Latest Dividend: 0.24
Latest Dividend Yield: 2.33%
Dividend Ex-Date: 08/03/17
Price Earnings Ratio: 23.90
Price Earnings Comparisons:
PNM Sector Avg. S&P 500
23.90 23.80 36.80
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
4.38% 26.33% 60.82%
GROWTH 12 Mo 3 Yr CAGR
Revenue -5.30 0.00 -0.01
Net Income 324.40 0.10 0.04
EPS 630.00 0.20 0.05
Earnings for PNM:
EBITDA 0.59B
Revenue 1.36B
Average Earnings Estimates
Qtr (09/17) Qtr (12/17) FY (12/17) FY (12/18)
Average Estimate $0.83 $0.25 $1.85 $1.74
Number of Analysts 4 4 6 6
High Estimate $0.86 $0.28 $1.87 $1.75
Low Estimate $0.80 $0.23 $1.84 $1.73
Prior Year $0.78 $0.34 $1.65 $1.85
Growth Rate (Year over Year) 6.73% -25.00% 12.32% -5.94%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands
Bearish
Jan 05, 2017 | 7:32 AM EST
PNM was downgraded from Buy to Hold, Jefferies said. $34.50 price target. Company is already pricing a solid regulatory rate increase.
Bullish
Sep 20, 2016 | 7:45 AM EDT
PNM was upgraded from Hold to Buy, Jefferies said. $37.50 price target. Sentiment is overly negative ahead of the upcoming rate case de...
Fundamental analysis says these names could plunge in a downturn.
Bearish
Mar 24, 2016 | 7:12 AM EDT
PNM was downgraded from Buy to Hold, Jefferies said. $34 price target. Compay is facing increased regulatory scrutiny. 
Bullish
Nov 30, 2015 | 7:11 AM EST
PNM was upgraded from to Overweight, Barclays said. $32 price target. Risks are moderating and the company is attractively valued.
Bullish
May 27, 2015 | 7:00 AM EDT
PNM was upgraded to Buy from Hold, Jefferies said. $30.50 price target. After visiting New Mexico analysts are upgrading PNM and a...
Bullish
Mar 31, 2015 | 7:05 AM EDT
PNM was upgraded to Overweight, Keybanc said. $31 price target. Regulatory outlook has improved.
Bearish
Jan 23, 2015 | 7:12 AM EST
PNM was downgraded from Buy to Hold, Jefferies said. $32.50 price target. Merchant acquisition would possibly dilute earnings. 
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Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.