PNM Resources Inc (PNM)

PNM (NYSE:Utilities) EQUITY
$32.94
neg -0.17
-0.53%
Today's Range: 32.77 - 33.10 | PNM Avg Daily Volume: 560,100
Last Update: 08/24/16 - 3:59 PM EDT
Volume: 689,945
YTD Performance: 8.31%
Open: $33.09
Previous Close: $33.11
52 Week Range: $24.65 - $36.15
Oustanding Shares: 79,653,624
Market Cap: 2,649,279,534
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 4 4 4 4
Moderate Buy 0 0 0 0
Hold 3 3 3 3
Moderate Sell 0 0 0 0
Strong Sell 0 0 0 0
Mean Rec. 1.86 1.86 1.86 1.86
Latest Dividend: 0.22
Latest Dividend Yield: 2.65%
Dividend Ex-Date: 08/04/16
Price Earnings Ratio: 332.60
Price Earnings Comparisons:
PNM Sector Avg. S&P 500
332.60 221.70 12.90
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
4.84% 21.86% 44.90%
GROWTH 12 Mo 3 Yr CAGR
Revenue 0.20 0.10 0.02
Net Income -76.30 -0.70 -0.36
EPS -86.20 -0.80 -0.46
Earnings for PNM:
EBITDA 0.58B
Revenue 1.44B
Average Earnings Estimates
Qtr (09/16) Qtr (12/16) FY (12/16) FY (12/17)
Average Estimate $0.80 $0.24 $1.58 $1.87
Number of Analysts 2 2 6 6
High Estimate $0.85 $0.33 $1.63 $1.95
Low Estimate $0.74 $0.15 $1.55 $1.80
Prior Year $0.76 $0.23 $1.64 $1.58
Growth Rate (Year over Year) 4.61% 4.35% -3.56% 18.23%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands
By

Tim Melvin

 | Jul 6, 2016 | 1:09 PM EDT

Fundamental analysis says these names could plunge in a downturn.

bearishPNM Resources downgraded at Jefferies

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. 

bullishPNM Resources upgraded at Barclays

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.

bullishPNM Resources upgraded at Jefferies

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 anticipate the NMPRC will approve the BART agreement in the June/July timeframe. Jefferies believes the economic consequences of shutting down a coal plant in a struggling economy will outweigh environmental concerns and expect PNM will be able to deliver on its 7% to 9% EPS growth. With the stock off 15% since January Jefferies believes investors can get PNM at a 10% discount.

bullishPNM Resources upgraded at Keybanc

Mar 31, 2015 | 7:05 AM EDT

PNM was upgraded to Overweight, Keybanc said. $31 price target. Regulatory outlook has improved.

bearishPNM Resources downgraded at Jefferies

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. 

By

Kate Stalter

 | Aug 22, 2014 | 10:00 AM EDT

The Putnam Small Cap Value fund could have a place in your portfolio.

By

Timothy Collins

 | Apr 21, 2014 | 12:22 PM EDT

Digging deeper into unknown names that pop up on scans can be a rewarding enterprise.

By

Glenn Williams

 | Jun 7, 2013 | 5:35 PM EDT

SONGS sinking fund sunk, Arizona nuke to benefit.

bullishPNM Resources upgraded at Baird

Feb 20, 2013 | 6:34 AM EST

PNM was upgraded from Neutral to Outperform, Robert Baird said. $24 price target. San Juan appears back on track, which should improve earnings visibility. 

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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.