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PNM Resources Inc PNM

Morningstar Rating
$35.65 −1.23 (3.34%)
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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.

Price vs Fair Value

PNM is trading at a 99% premium.
Price
$35.61
Fair Value
$31.65
Uncertainty
High
1-Star Price
$28.82
5-Star Price
$98.38
Economic Moat
Vnv
Capital Allocation
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News

Trading Information

Previous Close Price
$36.88
Day Range
$35.5836.79
52-Week Range
$34.6346.47
Bid/Ask
$14.38 / $42.00
Market Cap
$3.22 Bil
Volume/Avg
379 / 599,997

Key Statistics

Price/Earnings (Normalized)
13.31
Price/Sales
1.70
Dividend Yield (Trailing)
4.24%
Dividend Yield (Forward)
4.35%
Total Yield
4.24%

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

Competitors

Valuation

Metric
PNM
XEL
Price/Earnings (Normalized)
13.3115.35
Price/Book Value
1.371.65
Price/Sales
1.702.13
Price/Cash Flow
5.986.67
Price/Earnings
PNM
XEL

Financial Strength

Metric
PNM
XEL
Quick Ratio
0.190.48
Current Ratio
0.370.86
Interest Coverage
1.182.63
Quick Ratio
PNM
XEL

Profitability

Metric
PNM
XEL
Return on Assets (Normalized)
1.41%2.95%
Return on Equity (Normalized)
6.11%10.73%
Return on Invested Capital (Normalized)
3.93%6.04%
Return on Assets
PNM
XEL
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Utilities - Regulated Electric Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
NextEra Energy Inc
NEE
BkzffplnlbPmcyjq$144.7 Bil
Southern Co
SO
TjwkztymcgJssmtqm$85.2 Bil
Duke Energy Corp
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National Grid PLC ADR
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VvfgwgkrcGqxw$55.0 Bil
PG&E Corp
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TswcvnxDzc$46.5 Bil
American Electric Power Co Inc
AEP
RlfpvrlcSlkbrj$46.1 Bil
Dominion Energy Inc
D
QttmjtmtxKbxlt$41.4 Bil
Public Service Enterprise Group Inc
PEG
VtphqqpWmmxgj$36.5 Bil
Exelon Corp
EXC
GsfzgncPmcstnf$34.9 Bil
Consolidated Edison Inc
ED
VwlmnhzYxx$31.3 Bil

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