PNM - PNM Resources Inc Stock Price, Fair Value and News

36.62USD+0.33 (+0.91%)Market Closed

Market Summary

USD36.62+0.33

Market Closed

0.91%

PNM Stock Price

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PNM RSI Chart

PNM Valuation

Market Cap

3.3B

Price/Earnings (Trailing)

30.63

Price/Sales (Trailing)

1.69

EV/EBITDA

11.84

Price/Free Cashflow

5.94

PNM Price/Sales (Trailing)

PNM Profitability

EBT Margin

4.67%

Return on Equity

4.55%

Return on Assets

1.04%

Free Cashflow Yield

16.84%

PNM Fundamentals

PNM Revenue

Revenue (TTM)

1.9B

Rev. Growth (Yr)

-28.43%

Rev. Growth (Qtr)

-18.53%

PNM Earnings

Earnings (TTM)

106.9M

Earnings Growth (Yr)

-327.51%

Earnings Growth (Qtr)

-206.57%

Breaking Down PNM Revenue

Last 7 days

0.9%

Last 30 days

-2.4%

Last 90 days

0.7%

Trailing 12 Months

-25.6%

How does PNM drawdown profile look like?

PNM Financial Health

Current Ratio

0.39

Debt/Equity

1.81

Debt/Cashflow

0.13

PNM Investor Care

Dividend Yield

3.98%

Dividend/Share (TTM)

1.49

Shares Dilution (1Y)

5.09%

Diluted EPS (TTM)

1.02

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	2.3B	2.3B	2.1B	1.9B
2022	1.9B	1.9B	2.1B	2.2B
2021	1.6B	1.6B	1.7B	1.8B
2020	1.4B	1.5B	1.5B	1.5B
2019	1.5B	1.4B	1.5B	1.5B
2018	1.4B	1.4B	1.4B	1.4B
2017	1.3B	1.4B	1.4B	1.4B
2016	1.4B	1.4B	1.4B	1.4B
2015	1.4B	1.4B	1.5B	1.4B
2014	1.4B	1.4B	1.4B	1.4B
2013	1.4B	1.4B	1.4B	1.4B
2012	1.6B	1.5B	1.4B	1.3B
2011	1.7B	1.7B	1.7B	1.7B
2010	1.6B	1.6B	1.7B	1.7B
2009	0	1.9B	1.8B	1.6B
2008	0	0	0	2.0B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of PNM Resources Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 07, 2024	apodaca patrick v	sold (taxes)	-35,211	37.74	-933	svp, gen counsel & secy
Mar 07, 2024	eden elisabeth a	sold (taxes)	-22,832	37.74	-605	svp, cfo & treasurer
Mar 07, 2024	bischoff gerald r	acquired	-	-	437	vp and corporate controller
Mar 07, 2024	bischoff gerald r	sold (taxes)	-5,925	37.74	-157	vp and corporate controller
Mar 07, 2024	tarry joseph don	sold (taxes)	-54,345	37.74	-1,440	president and coo
Mar 07, 2024	apodaca patrick v	acquired	-	-	2,060	svp, gen counsel & secy
Mar 07, 2024	collawn patricia k	sold (taxes)	-287,805	37.74	-7,626	chairman and ceo
Mar 07, 2024	collawn patricia k	acquired	-	-	16,849	chairman and ceo
Mar 07, 2024	eden elisabeth a	acquired	-	-	1,334	svp, cfo & treasurer
Mar 07, 2024	tarry joseph don	acquired	-	-	3,178	president and coo

Which funds bought or sold PNM recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	AMALGAMATED BANK	reduced	-9.48	-374,000	1,694,000	0.01%
Apr 23, 2024	NEW MEXICO EDUCATIONAL RETIREMENT BOARD	unchanged	-	-69,000	659,000	0.02%
Apr 23, 2024	RATIONAL ADVISORS LLC	sold off	-100	-59,488	-	-%
Apr 23, 2024	Louisiana State Employees Retirement System	added	2.49	-72,852	929,708	0.02%
Apr 23, 2024	MOODY LYNN & LIEBERSON, LLC	added	0.16	-48,121	465,306	0.03%
Apr 23, 2024	FIFTH THIRD BANCORP	added	152	22,460	39,974	-%
Apr 22, 2024	IFM Investors Pty Ltd	added	3.27	-30,950	447,050	-%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	added	814	21,657,600	24,635,800	0.02%
Apr 22, 2024	MetLife Investment Management, LLC	reduced	-0.82	-310,071	3,816,800	0.03%
Apr 19, 2024	State of Alaska, Department of Revenue	unchanged	-	-37,000	348,000	-%

Are Funds Buying or Selling PNM?

Are funds buying PNM calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own PNM

No. of Funds

Unveiling PNM Resources Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	10.87%	9,330,930	SC 13G/A
Jan 23, 2024	blackrock inc.	13.1%	11,257,732	SC 13G/A
Feb 09, 2023	vanguard group inc	10.79%	9,263,532	SC 13G/A
Jan 23, 2023	blackrock inc.	12.8%	11,029,507	SC 13G/A
Jul 05, 2022	gamco investors, inc. et al	2.36%	2,029,796	SC 13D/A
Feb 09, 2022	vanguard group inc	10.18%	8,735,785	SC 13G/A
Jan 28, 2022	blackrock inc.	12.3%	10,543,538	SC 13G/A
May 10, 2021	vanguard group inc	10.02%	8,597,614	SC 13G/A
Feb 10, 2021	vanguard group inc	9.84%	7,840,911	SC 13G/A
Feb 05, 2021	blackrock inc.	11.6%	9,222,573	SC 13G/A

Recent SEC filings of PNM Resources Inc

View All Filings

Date Filed	Form Type	Document
Apr 22, 2024	ARS	ARS
Apr 22, 2024	DEF 14A	DEF 14A
Apr 15, 2024	DEFA14A	DEFA14A
Apr 12, 2024	PRE 14A	PRE 14A
Apr 01, 2024	8-K	Current Report
Mar 28, 2024	8-K	Current Report
Mar 27, 2024	8-K	Current Report
Mar 08, 2024	4	Insider Trading
Mar 08, 2024	4	Insider Trading
Mar 08, 2024	4	Insider Trading

Peers (Alternatives to PNM Resources Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AEP	44.4B	19.0B	3.12%	-9.23%	20.06	2.34	-3.35%	-4.03%
AWK	23.3B	4.2B	1.79%	-20.89%	24.73	5.51	11.66%	15.12%
AEE	19.7B	7.5B	3.24%	-18.43%	17.03	2.63	-5.74%	7.23%
ATO	17.7B	3.9B	0.92%	1.22%	19.18	4.49	-15.47%	16.09%
NRG	14.9B	28.8B	6.42%	104.23%	-73.61	0.52	-8.62%	-116.54%
AGR	14.3B	8.3B	2.96%	-10.05%	18.14	1.72	4.87%	-10.78%
AES	12.2B	12.7B	5.42%	-28.09%	60.95	0.96	0.40%	141.39%
CPK	2.3B	670.6M	0.69%	-17.52%	26.95	3.5	-1.48%	-2.88%
MID-CAP
PNW	8.5B	4.7B	2.04%	-7.93%	16.29	1.8	8.59%	3.59%
ALE	3.4B	1.9B	2.22%	-6.21%	13.93	1.83	19.68%	30.53%
AVA	2.8B	1.7B	5.58%	-20.45%	16.25	1.6	2.36%	10.31%
SMALL-CAP
CWCO	392.1M	180.2M	-13.82%	45.00%	13.18	2.18	91.50%	388.02%
CDZI	150.2M	2.0M	-14.50%	-47.79%	-4.78	74.74	33.96%	-26.84%
VIA	34.9M	436.8M	-0.82%	-0.09%	2.33	0.08	-5.23%	97.61%
CREG	9.4M	-	6.09%	-19.21%	-12.58	12.3	-88.45%	83.25%

PNM Resources Inc News

Latest updates

PNM Resources Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-18.5%	412	506	477	544	576	730	500	444	434	555	427	365	359	472	358	334	344	434	330	350	344
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.00	1.00	-	-
S&GA Expenses	3.1%	60.00	58.00	54.00	55.00	62.00	58.00	51.00	56.00	62.00	57.00	52.00	59.00	68.00	52.00	50.00	46.00	46.00	48.00	43.00	52.00	47.00
EBITDA Margin	-4.0%	0.33*	0.34*	0.34*	0.32*	0.30*	0.31*	0.33*	0.36*	0.37*	0.39*	0.41*	0.43*	-	-	-	-	-	-	-	-	-
Interest Expenses	7.7%	54.00	50.00	46.00	41.00	38.00	35.00	29.00	26.00	24.00	23.00	24.00	26.00	26.00	27.00	31.00	30.00	29.00	30.00	30.00	32.00	30.00
Income Taxes	-452.3%	-29.09	-5.27	8.00	10.00	9.00	13.00	1.00	2.00	6.00	17.00	8.00	2.00	6.00	12.00	4.00	-1.88	7.00	9.00	-42.83	1.00	-11.06
Earnings Before Taxes	-298.7%	-74.83	38.00	58.00	70.00	29.00	140	20.00	22.00	21.00	134	66.00	23.00	18.00	138	66.00	-13.28	43.00	116	-115	23.00	-62.60
EBT Margin	-49.6%	0.05*	0.09*	0.13*	0.11*	0.09*	0.10*	0.10*	0.13*	0.14*	0.14*	0.15*	0.16*	-	-	-	-	-	-	-	-	-
Net Income	-206.6%	-45.73	43.00	49.00	60.00	20.00	127	19.00	19.00	15.00	118	58.00	21.00	9.00	125	62.00	-11.40	32.00	103	-75.91	19.00	-55.08
Net Income Margin	-32.9%	0.06*	0.08*	0.11*	0.10*	0.08*	0.09*	0.09*	0.11*	0.12*	0.12*	0.13*	0.14*	-	-	-	-	-	-	-	-	-
Free Cashflow	-18.6%	139	170	111	132	140	210	101	117	139	234	88.00	86.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	2.0%	10,253	10,051	9,627	9,353	9,257	9,029	8,911	8,728	8,667	8,256	8,120	7,943	7,940	7,742	7,574	7,375	7,299	7,201	7,049	7,251	6,866
Current Assets	-2.8%	476	489	405	352	411	410	370	301	325	448	392	328	377	378	327	288	294	341	299	457	303
Cash Equivalents	-71.5%	2.00	8.00	8.00	4.00	4.00	6.00	3.00	4.00	1.00	49.00	18.00	8.00	48.00	31.00	3.00	16.00	4.00	20.00	4.00	180	2.00
Inventory	17.6%	98.00	83.00	81.00	64.00	67.00	65.00	75.00	70.00	65.00	67.00	62.00	62.00	66.00	67.00	70.00	74.00	78.00	78.00	74.00	68.00	72.00
Goodwill	0%	278	278	278	278	278	278	278	278	278	278	278	278	278	278	278	227	278	278	278	278	278
Liabilities	1.1%	7,842	7,753	7,302	7,077	7,001	6,762	6,714	6,546	6,432	6,043	5,964	5,844	5,820	5,898	5,807	5,676	5,545	5,454	5,362	5,492	5,101
Current Liabilities	-16.8%	1,231	1,479	1,108	1,195	890	666	894	673	664	475	636	1,511	978	1,252	1,266	1,115	967	946	667	664	512
Short Term Borrowings	-35.4%	262	406	327	409	232	60.00	266	86.00	63.00	14.00	92.00	198	32.00	184	253	301	185	290	342	224	236
Long Term Debt	8.7%	4,242	3,903	3,928	3,668	3,893	3,894	3,573	3,620	3,520	3,396	3,186	2,205	2,720	2,510	2,437	2,469	2,517	2,467	2,672	2,772	2,670
LT Debt, Current	-44.2%	280	502	422	410	185	185	260	179	179	104	250	1,011	576	780	779	540	490	385	100	172	-
LT Debt, Non Current	8.7%	4,242	3,903	3,928	3,668	3,893	3,894	3,573	3,620	3,520	3,396	3,186	2,205	2,720	2,510	2,437	2,469	2,517	2,467	2,672	2,772	2,670
Shareholder's Equity	5.1%	2,349	2,235	2,314	2,265	2,192	2,256	2,186	2,170	2,223	2,201	2,145	2,088	2,108	1,833	1,756	1,688	1,742	1,735	1,675	1,747	1,753
Retained Earnings	-9.8%	787	872	898	852	829	845	782	767	810	799	742	688	699	718	645	588	628	620	564	640	644
Additional Paid-In Capital	5.1%	846	805	805	805	805	805	737	737	737	737	737	685	685	614	614	614	614	534	534	534	534
Shares Outstanding	0%	86.00	86.00	86.00	86.00	86.00	86.00	86.00	86.00	86.00	86.00	86.00	86.00	-	-	-	-	-	-	-	-	-
Minority Interest	-2.4%	50.00	51.00	51.00	53.00	53.00	54.00	54.00	54.00	55.00	56.00	57.00	57.00	59.00	59.00	60.00	60.00	63.00	64.00	63.00	63.00	64.00
Float	-	-	-	3,871	-	-	-	4,101	-	-	-	4,186	-	-	-	3,062	-	-	-	4,055	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-18.6%	138,567	170,161	110,942	131,501	139,788	209,632	101,254	116,610	139,361	233,949	88,086	86,477	117,743	202,175	71,983	93,799	151,907	179,391	67,181	104,684	111,329
Share Based Compensation	-13.7%	1,319	1,528	853	3,490	1,853	1,156	1,764	3,052	2,718	1,016	1,493	4,219	1,581	1,330	1,429	3,801	990	898	1,269	3,257	2,569
Cashflow From Investing	1.8%	-276,529	-281,614	-278,830	-251,433	-238,922	-232,237	-267,324	-211,864	-448,481	-165,375	-163,947	-174,455	-206,429	-160,143	-214,388	-152,839	-189,605	-172,182	-160,209	-151,902	-149,197
Cashflow From Financing	20.2%	134,137	111,581	171,396	119,986	97,590	24,743	165,165	98,539	260,743	-37,550	86,797	47,571	105,721	-13,962	128,979	71,456	21,437	8,659	-82,834	225,184	5,026
Dividend Payments	0%	31,676	31,676	31,676	31,677	29,960	29,960	29,959	29,960	28,243	28,243	28,243	28,243	24,626	24,625	24,626	24,625	23,231	23,232	23,231	23,232	-
Buy Backs	15.4%	15.00	13.00	1,224	8,394	134	221	890	6,735	48.00	129	926	9,027	-	-	486	11,498	21.00	5.00	956	8,936	130

PNM Income Statement

2023-12-31

Consolidated Statements of Earnings - PNMR - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Electric Operating Revenues	$ 1,939,198	$ 2,249,555	$ 1,779,873
Operating Expenses:
Administrative and general	227,900	227,149	230,292
Regulatory disallowances and restructuring costs	71,923	832	1,194
Depreciation and amortization	319,503	304,853	284,107
Transmission and distribution costs	98,721	94,684	81,335
Taxes other than income taxes	95,940	92,989	86,008
Total operating expenses	1,707,858	1,855,795	1,471,720
Operating income	231,340	393,760	308,153
Other Income and Deductions:
Interest income	21,963	16,095	14,662
(Gains) losses on investment securities	19,246	(78,357)	16,850
Other income	24,204	21,601	20,200
Other (deductions)	(15,869)	(13,881)	(18,559)
Net other income and (deductions)	49,544	(54,542)	33,153
Interest Charges	190,355	127,908	96,877
Earnings before Income Taxes	90,529	211,310	244,429
Income Taxes (Benefits)	(16,350)	26,130	32,582
Net Earnings	106,879	185,180	211,847
(Earnings) Attributable to Valencia Non-controlling Interest	(18,533)	(15,122)	(15,490)
Preferred Stock Dividends Requirements	(528)	(528)	(528)
Net Earnings Attributable to PNMR	$ 87,818	$ 169,530	$ 195,829
Net Earnings Attributable to PNMR per Common Share:
Basic (in dollars per share)	$ 1.02	$ 1.97	$ 2.28
Diluted (in dollars per share)	$ 1.02	$ 1.97	$ 2.27
Electricity
Electric Operating Revenues	$ 1,939,198	$ 2,249,555	$ 1,779,873
Operating Expenses:
Cost of energy and production costs	802,261	987,941	644,853
Electricity, Generation
Operating Expenses:
Cost of energy and production costs	$ 91,610	$ 147,347	$ 143,931

PNM Balance Sheet

2023-12-31

Consolidated Balance Sheets - PNMR - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current Assets:
Cash and cash equivalents	$ 2,215	$ 4,078
Accounts receivable, net of allowance for credit losses of $3,388 and $4,925	126,291	183,669
Unbilled revenues	64,072	63,473
Other receivables	76,509	20,320
Materials, supplies, and fuel stock	98,034	66,733
Regulatory assets	73,046	20,265
Prepaid assets	19,759	18,465
Income taxes receivable	6,697	2,351
Other current assets	8,920	31,624
Total current assets	475,543	410,978
Other Property and Investments:
Investment securities	444,408	417,476
Equity investment in NMRD	119,570	90,620
Other investments	171	177
Non-utility property, including financing leases	29,367	26,841
Total other property and investments	593,516	535,114
Utility Plant:
Plant in service, held for future use, and to be abandoned	9,701,180	9,164,564
Less accumulated depreciation and amortization	2,755,823	2,659,952
Net plant in service and plant held for future use	6,945,357	6,504,612
Construction work in progress	589,834	372,988
Nuclear fuel, net of accumulated amortization of $35,840 and $43,985	74,671	95,223
Net utility plant	7,609,862	6,972,823
Deferred Charges and Other Assets:
Regulatory assets	914,381	846,686
Goodwill	278,297	278,297
Operating lease assets, net of amortization	182,201	55,982
Other deferred charges	198,805	157,497
Total deferred charges and other assets	1,573,684	1,338,462
Total assets	10,252,605	9,257,377
Current Liabilities:
Short-term debt	261,900	232,000
Current installments of long-term debt (includes $2,529 and $0 related to ETBC I)	280,169	184,793
Accounts payable	205,175	215,708
Customer deposits	6,237	6,117
Accrued interest and taxes	98,655	76,783
Regulatory liabilities	140,005	17,002
Operating lease liabilities	12,267	18,781
Dividends declared	35,085	31,676
Transmission interconnection arrangement liabilities	96,870	20,473
Other current liabilities	94,397	87,037
Total current liabilities	1,230,760	890,370
Long-term Debt, net of Unamortized Premiums, Discounts, and Debt Issuance Costs (includes $338,521 and $0 related to ETBC I)	4,241,642	3,892,594
Deferred Credits and Other Liabilities:
Accumulated deferred income taxes	845,280	822,831
Regulatory liabilities	771,317	755,202
Asset retirement obligations	245,531	223,377
Accrued pension liability and postretirement benefit cost	21,429	32,799
Operating lease liabilities	167,000	41,336
Other deferred credits	319,066	342,413
Total deferred credits and other liabilities	2,369,623	2,217,958
Total liabilities	7,842,025	7,000,922
Commitments and Contingencies (See Note 16)
Cumulative Preferred Stock of Subsidiary without mandatory redemption requirements ($100 stated value; 10,000,000 shares authorized; issued and outstanding 115,293 shares)	11,529	11,529
Company common stockholders’ equity:
Common stock (no par value; 120,000,000 shares authorized; issued and outstanding 90,200,384 and 85,834,874 shares)	1,624,823	1,429,102
Accumulated other comprehensive income (loss), net of income taxes	(62,840)	(66,048)
Retained earnings	787,110	828,878
Total PNMR common stockholders’ equity	2,349,093	2,191,932
Non-controlling interest in Valencia	49,958	52,994
Total equity	2,399,051	2,244,926
Total liabilities and stockholders' equity	$ 10,252,605	$ 9,257,377

About PNM Resources Inc

PNM Resources, 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. The segment owns and leases communication, office and other equipment, office space, vehicles, and real estate. It generates electricity using coal, natural gas and oil, nuclear fuel, solar, wind, and geothermal energy sources. The TNMP segment provides regulated transmission and distribution services. The segment also owns and leases vehicles, service facilities, and office locations throughout its service territory. The company serves residential, commercial, and industrial customers and end-users of electricity in New Mexico and Texas. PNM Resources, Inc. was founded in 1882 and is headquartered in Albuquerque, New Mexico.

CEO	Ms. Patricia K. Vincent-Collawn
WEBSITE	pnmresources.com
INDUSTRY	Utilities Regulated Electric
EMPLOYEES	1537

PNM Resources Inc Frequently Asked Questions

What is the ticker symbol for PNM Resources Inc? What does PNM stand for in stocks?

PNM is the stock ticker symbol of PNM Resources Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of PNM Resources Inc (PNM)?

As of Tue Apr 23 2024, market cap of PNM Resources Inc is 3.27 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PNM stock?

You can check PNM's fair value in chart for subscribers.

What is the fair value of PNM stock?

You can check PNM's fair value in chart for subscribers. The fair value of PNM Resources Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of PNM Resources Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PNM so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is PNM Resources Inc a good stock to buy?

The fair value guage provides a quick view whether PNM is over valued or under valued. Whether PNM Resources Inc is cheap or expensive depends on the assumptions which impact PNM Resources Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PNM.

What is PNM Resources Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, PNM's PE ratio (Price to Earnings) is 30.63 and Price to Sales (PS) ratio is 1.69. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PNM PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on PNM Resources Inc's stock?

In the past 10 years, PNM Resources Inc has provided 0.05 (multiply by 100 for percentage) rate of return.