TXNM Energy (NYSE:TXNM) Releases 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 (EPS) guidance of 2.740-2.840 for the period, compared to the consensus estimate of 2.800. The company issued revenue guidance of -.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Barclays raised their target price on TXNM Energy from $46.00 to $52.00 and gave the company an “overweight” rating in a research report on Friday, November 29th. Citigroup lifted their price target 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. Evercore ISI upgraded shares of TXNM Energy from an “in-line” rating to an “outperform” rating and boosted their price target for the stock from $51.00 to $54.00 in a research note on Tuesday, February 11th. Wells Fargo & Company boosted their price target on shares of TXNM Energy from $49.00 to $53.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 26th. Finally, Scotiabank boosted their target price on shares of TXNM Energy from $46.00 to $52.00 and gave the stock a “sector perform” rating in a research note on Thursday, December 12th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $52.33.

TXNM Energy Trading Up 2.8 %

Shares of NYSE:TXNM opened at $52.88 on Friday. The company has a market cap of $4.77 billion, a PE ratio of 27.59, a P/E/G ratio of 6.07 and a beta of 0.40. The company’s 50-day moving average price is $48.53 and its 200 day moving average price is $45.52. TXNM Energy has a fifty-two week low of $35.35 and a fifty-two week high of $54.90. 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 (NYSE:TXNM) last announced its quarterly earnings data on Friday, February 21st. The company reported $0.30 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.30. TXNM Energy had a net margin of 9.26% and a return on equity of 9.69%. Sell-side analysts anticipate that TXNM Energy will post 2.73 earnings per share for the current year.

TXNM Energy Increases Dividend

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

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.