TXNM Energy, Inc. (TXNM)

US — Utilities Sector
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Key Metrics & Ratings

  • symbol TXNM
  • Rev/Share 21.6854
  • Book/Share 27.8961
  • PB 2.0561
  • Debt/Equity 2.2773
  • CurrentRatio 0.281
  • ROIC 0.036

 

  • MktCap 5218571776.0
  • FreeCF/Share -7.9435
  • PFCF -7.0628
  • PE 25.6279
  • Debt/Assets 0.5175
  • DivYield 0.0214
  • ROE 0.0834

 

  • Rating D+
  • Score 1
  • Recommendation Strong Sell
  • P/E Score 2
  • DCF Score 1
  • P/B Score 1
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Upgrade TXNM Mizuho Neutral Outperform -- $53 March 11, 2025
Upgrade TXNM Evercore ISI In-line Outperform $51 $54 Feb. 11, 2025
Initiation TXNM Scotiabank -- Sector Perform -- $46 Oct. 10, 2024
Initiation TXNM Jefferies -- Buy -- $50 Oct. 2, 2024

News

$HAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of TXNM Energy - TXNM
TXNM
Published: May 19, 2025 by: PRNewsWire
Sentiment: Neutral

NEW YORK , May 19, 2025 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating TXNM Energy (NYSE: TXNM ), relating to the proposed merger with Blackstone Infrastructure.

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image for news $HAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of TXNM Energy - TXNM
TXNM Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of TXNM Energy, Inc. Is Fair to Shareholders
TXNM
Published: May 19, 2025 by: Business Wire
Sentiment: Neutral

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of TXNM Energy, Inc. (NYSE: TXNM) to Blackstone for $61.25 per share in cash is fair to TXNM shareholders. Halper Sadeh encourages TXNM shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected]. The investigation concerns whether TXNM and its board of directo.

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image for news TXNM Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of TXNM Energy, Inc. Is Fair to Shareholders
Blackstone Infrastructure to Buy TXNM Energy for $5.7 Billion
BX, TXNM
Published: May 19, 2025 by: WSJ
Sentiment: Positive

Asset manager Blackstone is expanding its flourishing infrastructure business with a deal to buy energy holding company TXNM Energy for nearly $5.7 billion in cash.

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image for news Blackstone Infrastructure to Buy TXNM Energy for $5.7 Billion
Blackstone to acquire TXNM Energy in $11.5 billion deal
BX, TXNM
Published: May 19, 2025 by: Reuters
Sentiment: Positive

Utility firm TXNM Energy said on Monday it would be acquired by the infrastructure unit of Blackstone in a $11.5 billion deal.

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image for news Blackstone to acquire TXNM Energy in $11.5 billion deal
TXNM Energy Enters Agreement to be Acquired by Blackstone Infrastructure
TXNM
Published: May 19, 2025 by: PRNewsWire
Sentiment: Neutral

Provides long-term infrastructure investment to support the continued build-out of PNM and TNMP in a rapidly changing energy environment, facilitating economic development during New Mexico's transition to clean energy and continued growth in Texas TXNM Energy, PNM and TNMP to remain locally managed and operated with headquarters in New Mexico and Texas, retain employees and honor all union labor agreements Customer rates will continue to be set by state regulators Customers to receive a detailed package of benefits that will be developed after thorough and transparent engagement with stakeholders in New Mexico and Texas Blackstone Infrastructure provides long-term, patient capital …

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image for news TXNM Energy Enters Agreement to be Acquired by Blackstone Infrastructure
TXNM Energy Reports First Quarter 2025 Results
TXNM
Published: May 09, 2025 by: PRNewsWire
Sentiment: Neutral

2025 first quarter GAAP earnings of $0.10 per diluted share 2025 first quarter ongoing earnings of $0.19 per diluted share 2025 ongoing earnings guidance range of $2.74 - $2.84 per diluted share affirmed Lo ng-term earnings per share growth target of 7% to 9% TXNM Energy (In millions, except EPS) Q1 2025 Q1 2024 GAAP net earnings attributableto TXNM Energy $8.9 $47.2 GAAP diluted EPS $0.10 $0.52 Ongoing net earnings $18.1 $37.0 Ongoing diluted EPS $0.19 $0.41 ALBUQUERQUE, N.M. , May 9, 2025 /PRNewswire/ -- TXNM Energy (NYSE: TXNM) today released its 2025 first quarter results.

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image for news TXNM Energy Reports First Quarter 2025 Results
TXNM Energy: Profit From Positive Demographics And Data Center Expansion
TXNM
Published: April 11, 2025 by: Seeking Alpha
Sentiment: Positive

TXNM Energy, Inc., formerly PNM Resources, serves 825,000 customers in Texas and New Mexico, with New Mexico being the larger market. The company plans to invest $7.8 billion in infrastructure, focusing on Texas due to rising electricity demand from data centers. The company's electric system load is increasing at a 13% CAGR in Texas, positioning it to double by the end of the decade.

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image for news TXNM Energy: Profit From Positive Demographics And Data Center Expansion
TXNM Energy, Inc. (TXNM) Q4 2024 Earnings Call Transcript
TXNM
Published: February 21, 2025 by: Seeking Alpha
Sentiment: Neutral

TXNM Energy, Inc. (NYSE:TXNM ) Q4 2024 Earnings Conference Call February 21, 2025 11:00 AM ET Company Participants Lisa Goodman - Investor Relations Pat Vincent-Collawn - Chairman & Chief Executive Officer Don Tarry - President & Chief Operating Officer Lisa Eden - Senior Vice President & Chief Financial Officer Conference Call Participants Julien Dumoulin-Smith - Jefferies Michael Lonegan - Evercore ISI Anthony Crowdell - Mizuho Andrew Weisel - Scotiabank Ryan Levine - Citi Operator Good day, and welcome to the TXNM Energy Q4 2024 Conference Call. All participants will be in listen-only mode.

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image for news TXNM Energy, Inc. (TXNM) Q4 2024 Earnings Call Transcript

About TXNM Energy, Inc. (TXNM)

  • IPO Date 1973-02-21
  • Website https://www.txnmenergy.com
  • Industry Regulated Electric
  • CEO Patricia K. Vincent-Collawn
  • Employees 1695

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. The segment owns and leases communications, office and other equipment, office space, vehicles, and real estate. It generates electricity using coal, natural gas and oil, and nuclear fuel and waste, as well as solar, wind, geothermal, and battery storage 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. The company was formerly known as PNM Resources, Inc and changed its name to TXNM Energy, Inc. in August 2024. TXNM Energy, Inc. was founded in 1882 and is based in Albuquerque, New Mexico.