PNM Resources Inc PNM
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
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PNM Resources to Announce 2024 First Quarter Earnings on April 30
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PNM Resources Management to Meet with Investors
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Public Service Company of New Mexico Declares Preferred Dividend
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PNM Resources Management to Meet with Investors 2024 ongoing earnings guidance to be affirmed during meetings
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PNM Resources Board Declares Quarterly Common Stock Dividend
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PNM Resources Completes Sale of Renewable Joint Venture
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PNM Resources Management to Meet with Investors
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PNM Resources Management to Meet with Investors
Trading Information
- Previous Close Price
- $36.10
- Day Range
- $35.91–36.32
- 52-Week Range
- $34.67–49.08
- Bid/Ask
- $36.25 / $36.31
- Market Cap
- $3.27 Bil
- Volume/Avg
- 423,586 / 1.1 Mil
Key Statistics
- Price/Earnings (Normalized)
- 12.81
- Price/Sales
- 1.61
- Dividend Yield (Trailing)
- 4.13%
- Dividend Yield (Forward)
- 4.29%
- Total Yield
- 4.13%
Company Profile
PNM Resources Inc, or PNMR, is a holding company that owns regulated utility companies providing electricity and electric services. PNMR segments its operations by its two subsidiaries, PNM and TNMP. PNM provides electric generation, transmission, and distribution services mainly to areas of New Mexico. While PNM uses a variety of fuel sources across its power plant portfolio, its coal and gas-fueled sites produce energy. TNMP owns and operates transmission and distribution services in small to medium-sized communities in Texas. Both subsidiaries generate revenue for PNMR through the sale of electricity and transmission service fees fairly evenly split between residential and commercial customers.
- Sector
- Utilities
- Industry
- Utilities - Regulated Electric
- Stock Style Box
- Small Value
- Total Number of Employees
- 1,635
- Website
- https://www.pnmresources.com
Competitors
Valuation
|
Metric
|
PNM
|
XEL
|
|---|---|---|
Price/Earnings (Normalized) | 12.81 | 16.10 |
Price/Book Value | 1.39 | 1.69 |
Price/Sales | 1.61 | 2.09 |
Price/Cash Flow | 6.33 | 7.18 |
Price/Earnings
PNM
XEL
Financial Strength
|
Metric
|
PNM
|
XEL
|
|---|---|---|
Quick Ratio | 0.22 | 0.41 |
Current Ratio | 0.39 | 0.72 |
Interest Coverage | 1.36 | 2.62 |
Quick Ratio
PNM
XEL
Profitability
|
Metric
|
PNM
|
XEL
|
|---|---|---|
Return on Assets (Normalized) | 0.16% | 2.98% |
Return on Equity (Normalized) | 0.69% | 10.85% |
Return on Invested Capital (Normalized) | 2.11% | 6.04% |
Return on Assets
PNM
XEL
Utilities - Regulated Electric Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
NEE
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SO
| Southern Co | Kkcrkkbym | Hdtmdx | $77.2 Bil | |
DUK
| Duke Energy Corp | Twvskgh | Pqcqp | $74.0 Bil | |
NGG
| National Grid PLC ADR | Bgxjrjsh | Ngss | $47.7 Bil | |
AEP
| American Electric Power Co Inc | Zqzzddlz | Ncsllw | $43.5 Bil | |
PCG
| PG&E Corp | Rbrqhtd | Lcd | $43.2 Bil | |
D
| Dominion Energy Inc | Skkspzy | Hfhdjz | $40.7 Bil | |
EXC
| Exelon Corp | Grvfvvghk | Mclmtc | $36.7 Bil | |
PEG
| Public Service Enterprise Group Inc | Dtbffjhs | Hzztxp | $32.5 Bil | |
ED
| Consolidated Edison Inc | Jpzwfnfm | Bgfb | $31.4 Bil |