TXNM Energy (NYSE:TXNM) Updates 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 -.

TXNM Energy Stock Up 2.9 %

Shares of NYSE TXNM traded up $1.49 on Friday, hitting $52.92. The company had a trading volume of 991,409 shares, compared to its average volume of 839,959. The company has a quick ratio of 0.27, a current ratio of 0.36 and a debt-to-equity ratio of 1.80. TXNM Energy has a 12-month low of $35.35 and a 12-month high of $54.90. The firm has a market capitalization of $4.77 billion, a P/E ratio of 27.72, a PEG ratio of 6.07 and a beta of 0.40. The business has a 50 day moving average of $48.53 and a two-hundred day moving average of $45.52.

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

TXNM Energy Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, January 31st were issued a dividend of $0.4075 per share. This represents a $1.63 dividend on an annualized basis and a yield of 3.08%. This is a positive change from TXNM Energy’s previous quarterly dividend of $0.39. The ex-dividend date was Friday, January 31st. TXNM Energy’s dividend payout ratio (DPR) is presently 84.90%.

Wall Street Analysts Forecast Growth

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

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.