PNM Resources Inc 98P
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News
-
PNM's stock drops in premarket after Iberdrola's Avangrid terminates $4.3B merger
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Trending: Iberdrola's Avangrid Calls Off $4.3 Billion Deal to Merge With PNM Resources
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PNM Resources Shares Lower Premarket as Avangrid Deal Crumbles
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Iberdrola's Avangrid Ends $4.3 Billion Deal With PNM Resources — Update
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Avangrid Ends $4.3 Billion Deal With PNM Resources
Trading Information
- Previous Close Price
- $34.60
- Day Range
- $35.20–35.20
- 52-Week Range
- —–51.50
- Bid/Ask
- $0.00 / $0.00
- Market Cap
- $3.18 Bil
- Volume/Avg
- 0 / 5,175
Key Statistics
- Price/Earnings (Normalized)
- 14.26
- Price/Sales
- 1.82
- Dividend Yield (Trailing)
- 3.99%
- Dividend Yield (Forward)
- 4.08%
- Total Yield
- 3.99%
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
Comparables
Valuation
|
Metric
|
98P
|
PNW
|
WEC
|
|---|---|---|---|
Price/Earnings (Normalized) | 14.26 | 16.66 | 15.80 |
Price/Book Value | 1.46 | 1.40 | 2.06 |
Price/Sales | 1.82 | 1.85 | 2.87 |
Price/Cash Flow | 6.40 | 7.28 | 8.37 |
Price/Earnings
98P
PNW
WEC
Financial Strength
|
Metric
|
98P
|
PNW
|
WEC
|
|---|---|---|---|
Quick Ratio | 0.19 | 0.19 | 0.34 |
Current Ratio | 0.37 | 0.58 | 0.55 |
Interest Coverage | 1.18 | 2.72 | 3.23 |
Quick Ratio
98P
PNW
WEC
Profitability
|
Metric
|
98P
|
PNW
|
WEC
|
|---|---|---|---|
Return on Assets (Normalized) | 1.41% | 2.02% | 3.57% |
Return on Equity (Normalized) | 6.11% | 7.96% | 13.16% |
Return on Invested Capital (Normalized) | 3.93% | 4.65% | 7.23% |
Return on Assets
98P
PNW
WEC
Utilities - Regulated Electric Industry Comparables
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1-Day Chart
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