TXNM Energy, Inc. (TXNM)
| Market Cap | 6.53B +31.2% |
| Revenue (ttm) | 2.19B +8.5% |
| Net Income | 146.18M -28.3% |
| EPS | 1.36 -39.3% |
| Shares Out | 110.71M |
| PE Ratio | 43.48 |
| Forward PE | 19.52 |
| Dividend | $1.69 (2.86%) |
| Ex-Dividend Date | Apr 27, 2026 |
| Volume | 4,350,009 |
| Open | 59.22 |
| Previous Close | 59.24 |
| Day's Range | 58.93 - 59.27 |
| 52-Week Range | 51.59 - 59.52 |
| Beta | 0.17 |
| Analysts | Hold |
| Price Target | 60.88 (+3.2%) |
| Earnings Date | May 1, 2026 |
About TXNM
TXNM Energy, Inc., through its subsidiaries, provides electricity and electric services in the United States. The company engages in the generation, transmission, and distribution of electricity for retail electric customers; and owns and leases communications, office and other equipment, office space, vehicles, energy storage facilities, and real estate. It also provides regulated transmission and distribution services in Texas, as well as owns and leases vehicles, service facilities, and office locations throughout its service territory. It s... [Read more]
Financial Performance
In 2025, TXNM Energy's revenue was $2.17 billion, an increase of 9.86% compared to the previous year's $1.97 billion. Earnings were $151.36 million, a decrease of -37.49%.
Financial StatementsAnalyst Summary
According to 4 analysts, the average rating for TXNM stock is "Hold." The 12-month stock price target is $60.88, which is an increase of 3.20% from the latest price.
News
TXNM Energy Reports First Quarter 2026 Results
2026 first quarter GAAP earnings of $0.03 per diluted share 2026 first quarter ongoing earnings of $0.21 per diluted share Updated 2026 - 2030 capital investment plan of $10.2 billion TXNM Energy (In ...
Public Service Company of New Mexico Declares Preferred Dividend
ALBUQUERQUE, N.M., Feb. 27, 2026 /PRNewswire/ -- The Board of Directors of Public Service Company of New Mexico, a subsidiary of TXNM Energy (NYSE: TXNM), declared the regular quarterly dividend of $1...
TXNM Energy reports Q4 ongoing EPS 48c, consensus 64c
“PNM and TNMP continue to grow and we remain focused on meeting our customer needs across New Mexico and Texas, with TNMP supporting a 28% increase in system peak demand
TXNM Energy Reports 2025 Results, Transaction and Regulatory Updates
2025 GAAP earnings of $1.48 per diluted share 2025 Ongoing earnings per share of $2.33 Proposed transaction with Blackstone Infrastructure is progressing through the regulatory approval process ...
TXNM Energy Board Declares Quarterly Common Stock Dividend
ALBUQUERQUE, N.M., Feb. 26, 2026 /PRNewswire/ -- At its regular meeting held today, the Board of Directors of TXNM Energy, Inc. (NYSE: TXNM) declared the regular quarterly dividend of $0.4225 per shar...
TXNM Energy gets FERC approval for $11.5 billion Blackstone deal
TXNM Energy on Friday said the U.S. Federal Energy Regulatory Commission (FERC) had authorized the company's acquisition by Blackstone Infrastructure.
FERC authorizes TXNM Energy acquisition by Blackstone Infrastructure
The Federal Energy Regulatory Commission authorized the application for TXNM Energy (TXNM) to be acquired by Blackstone Infrastructure (BX). The order states FERC finds the transaction consistent with...
FERC Authorizes TXNM Energy Acquisition by Blackstone Infrastructure, Finds Transaction Consistent with Public Interest
ALBUQUERQUE, N.M., Feb. 20, 2026 /PRNewswire/ -- Today, the Federal Energy Regulatory Commission (FERC) authorized the application for TXNM Energy (NYSE: TXNM) to be acquired by Blackstone Infrastruct...
Texas Commission approves TXNM Energy acquisition by Blackstone Infrastructure
The Public Utility Commission of Texas has approved a unanimous settlement filed in the application by Texas-New Mexico Power Company for TXNM Energy (TXNM), the parent company of TNMP, to
Texas Commission Approves TXNM Energy Acquisition by Blackstone Infrastructure
ALBUQUERQUE, N.M., Feb. 6, 2026 /PRNewswire/ -- Today, the Public Utility Commission of Texas (PUCT) approved a unanimous settlement filed in the application by Texas-New Mexico Power Company (TNMP) f...
Parties in Texas Reach Unanimous Settlement for Approval of Blackstone Infrastructure Acquisition of TXNM Energy
ALBUQUERQUE, N.M. , Dec. 15, 2025 /PRNewswire/ -- Texas-New Mexico Power Company (TNMP), the Texas utility subsidiary of TXNM Energy (NYSE: TXNM), together with Blackstone Infrastructure have reached ...
TXNM Energy raises annual dividend 3.7% to $1.69 per share
At its regular meeting, the Board of Directors of TXNM Energy (TXNM) unanimously voted to increase the company’s annual dividend payment by 6c, a 3.7% increase, to an indicated annual
TXNM Energy Board Increases Annual Common Stock Dividend and Declares Quarterly Dividend Payment
ALBUQUERQUE, N.M., Dec. 2, 2025 /PRNewswire/ -- At its regular meeting held today, the Board of Directors of TXNM Energy, Inc. (NYSE: TXNM) unanimously voted to increase the company's annual dividend ...
TNMP Files Base Rate Review
ALBUQUERQUE, N.M. , Nov. 17, 2025 /PRNewswire/ -- TNMP, the wholly-owned subsidiary of TXNM Energy (NYSE: TXNM) in Texas, filed its anticipated base rate review on Friday.
TXNM Energy reports Q3 ongoing EPS $1.33, consensus $1.44
“Third quarter results incorporate the implementation of the first phase of approved rates in New Mexico and newly approved transmission recovery in Texas, along with additional equity issued during t...
TXNM Energy Reports Third Quarter 2025 Results
2025 third quarter GAAP earnings of $1.22 per diluted share 2025 third quarter ongoing earnings of $1.33 per diluted share Proposed transaction with Blackstone Infrastructure approved by shareholders ...
TXNM Energy downgraded to Hold at Jefferies on merger approval confidence
As previously reported, Jefferies downgraded TXNM Energy (TXNM) to Hold from Buy with a price target of $61.25, up from $58, telling investors that the firm remains confident in merger
TXNM Energy downgraded to Hold from Buy at Jefferies
Jefferies analyst Julien Dumoulin-Smith downgraded TXNM Energy (TXNM) to Hold from Buy with a price target of $61.25, up from $58.
TXNM Energy resumed with a Neutral at Citi
Citi resumed coverage of TXNM Energy (TXNM) with a Neutral rating and $61.25 price target The firm assumes the Blackstone Infrastructure takeover closes at $61.25 per share, Published first on
TXNM Energy approve acquisition by Blackstone Infrastructure
TXNM Energy (TXNM) shareholders voted to approve the agreement under which Blackstone Infrastructure will acquire TXNM Energy at a special shareholders meeting. TXNM Energy shareholders will receive $...
TXNM Energy Shareholders Overwhelmingly Approve Acquisition by Blackstone Infrastructure
ALBUQUERQUE, N.M., Aug. 28, 2025 /PRNewswire/ -- TXNM Energy (NYSE: TXNM) shareholders voted overwhelmingly to approve the agreement under which Blackstone Infrastructure will acquire TXNM Energy at a...
Johnson Fistel Investigates Fairness of Proposed Sale of TXNM Energy, Inc.
SAN DIEGO, Aug. 28, 2025 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP has launched an investigation into whether the board members of TXNM Energy, Inc. (NYSE: TXNM) breached their fiduciary duties in conn...
TXNM Energy files regulatory applications for approval of proposed acquisition
TXNM Energy (TXNM) filed applications for approval of its proposed acquisition by Blackstone Infrastructure (BX) with the New Mexico Public Regulation Commission, Public Utility Commission of Texas an...
TXNM Energy Files Regulatory Applications
ALBUQUERQUE, N.M., Aug. 25, 2025 /PRNewswire/ -- Today, TXNM Energy (NYSE: TXNM) filed applications for approval of its proposed acquisition by Blackstone Infrastructure with the New Mexico Public Reg...
TXNM Energy files to sell 3.62M shares of common stock for holders
16:23 EDT TXNM Energy (TXNM) files to sell 3.62M shares of common stock for holders