TXNM Energy, Inc. (NYSE:TXNM – Get Free Report) declared a quarterly dividend on Tuesday, September 24th, Wall Street Journal reports. Stockholders of record on Monday, October 28th will be paid a dividend of 0.3875 per share on Friday, November 8th. This represents a $1.55 dividend on an annualized basis and a dividend yield of 3.51%. The ex-dividend date of this dividend is Monday, October 28th.
TXNM Energy Trading Down 1.3 %
Shares of NYSE TXNM opened at $44.16 on Friday. The company has a fifty day moving average price of $42.53. The company has a quick ratio of 0.37, a current ratio of 0.47 and a debt-to-equity ratio of 1.88. The firm has a market capitalization of $3.98 billion, a price-to-earnings ratio of 48.53, a price-to-earnings-growth ratio of 6.32 and a beta of 0.36. TXNM Energy has a one year low of $34.63 and a one year high of $45.06.
TXNM Energy (NYSE:TXNM – Get Free Report) last issued its earnings results on Wednesday, July 31st. The company reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.05. The business had revenue of $488.10 million during the quarter, compared to analyst estimates of $506.98 million. TXNM Energy had a return on equity of 10.15% and a net margin of 4.50%. On average, research analysts anticipate that TXNM Energy will post 2.71 earnings per share for the current fiscal year.
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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.
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