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 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 -.

TXNM Energy Stock Performance

Shares of NYSE:TXNM opened at $53.09 on Friday. The company has a market cap of $4.79 billion, a P/E ratio of 27.65, a PEG ratio of 6.12 and a beta of 0.40. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.27 and a current ratio of 0.36. TXNM Energy has a one year low of $35.35 and a one year high of $54.90. The business’s 50-day simple moving average is $48.53 and its 200 day simple moving average is $45.52.

TXNM Energy (NYSE:TXNM) last announced its earnings results on Friday, February 21st. The company reported $0.30 EPS 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%. On average, sell-side analysts forecast that TXNM Energy will post 2.73 earnings per share for the current fiscal year.

TXNM Energy Increases Dividend

The firm also recently disclosed 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. This represents a $1.63 dividend on an annualized basis and a yield of 3.07%. The ex-dividend date was Friday, January 31st. This is a positive change from TXNM Energy’s previous quarterly dividend of $0.39. TXNM Energy’s dividend payout ratio (DPR) is 84.90%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on TXNM shares. Citigroup raised their price objective on TXNM Energy from $45.00 to $53.00 and gave the company a “neutral” rating in a research note on Thursday, December 12th. 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 raised their price objective for the company from $51.00 to $54.00 in a research note on Tuesday, February 11th. Barclays raised their price objective on TXNM Energy from $46.00 to $52.00 and gave the company an “overweight” rating in a research note on Friday, November 29th. Finally, Wells Fargo & Company raised their price objective on TXNM Energy from $49.00 to $53.00 and gave the company an “overweight” rating in a research note on Tuesday, November 26th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, TXNM Energy has a consensus rating of “Moderate Buy” and a consensus price target of $52.33.

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.