TXNM Energy (NYSE:TXNM) Updates FY 2025 Earnings Guidance

TXNM Energy (NYSE:TXNM) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided EPS guidance of 2.740-2.840 for the period, compared to the consensus EPS estimate of 2.800. The company issued revenue guidance of -.

TXNM Energy Stock Up 3.2 %

TXNM stock opened at $53.09 on Friday. The firm has a 50-day moving average price of $48.61 and a 200-day moving average price of $45.61. TXNM Energy has a 12 month low of $35.35 and a 12 month high of $54.90. The company has a current ratio of 0.36, a quick ratio of 0.27 and a debt-to-equity ratio of 1.80. The stock has a market capitalization of $4.79 billion, a P/E ratio of 27.65, a price-to-earnings-growth ratio of 6.12 and a beta of 0.40.

TXNM Energy (NYSE:TXNM) last issued its quarterly earnings data on Friday, February 21st. The company reported $0.30 EPS for the quarter, meeting the consensus estimate of $0.30. The business had revenue of $476.96 million during the quarter, compared to the consensus estimate of $496.05 million. TXNM Energy had a net margin of 9.26% and a return on equity of 9.69%. As a group, equities research analysts anticipate that TXNM Energy will post 2.73 EPS for the current fiscal year.

TXNM Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, January 31st were given a dividend of $0.4075 per share. The ex-dividend date was Friday, January 31st. This represents a $1.63 dividend on an annualized basis and a yield of 3.07%. This is a positive change from TXNM Energy’s previous quarterly dividend of $0.39. TXNM Energy’s payout ratio is currently 84.90%.

Analyst Ratings Changes

Several research firms have commented on TXNM. Scotiabank increased their target price on TXNM Energy from $46.00 to $52.00 and gave the company a “sector perform” rating in a research report on Thursday, December 12th. Barclays upped their price target on shares of 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 stock a “neutral” rating in a report on Thursday, December 12th. Evercore ISI upgraded TXNM Energy from an “in-line” rating to an “outperform” rating and increased their price objective for the company from $51.00 to $54.00 in a report on Tuesday, February 11th. Finally, Wells Fargo & Company lifted their target price on TXNM Energy from $49.00 to $53.00 and gave the stock an “overweight” rating in a report on Tuesday, November 26th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target 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.