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 traded up $1.49 during midday trading on Friday, hitting $52.92. The company’s stock had a trading volume of 991,409 shares, compared to its average volume of 839,959. 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 1-year low of $35.35 and a 1-year high of $54.90. The firm’s fifty day moving average price is $48.53 and its 200-day moving average price is $45.52. The firm has a market cap of $4.77 billion, a P/E ratio of 27.72, a P/E/G ratio of 6.07 and a beta of 0.40.

TXNM Energy (NYSE:TXNM) last issued its earnings results on Friday, February 21st. The company reported $0.30 EPS for the quarter, meeting analysts’ consensus estimates 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 EPS for the current fiscal year.

TXNM Energy Increases Dividend

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

Analyst Upgrades and Downgrades

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