NYSE: PNM
- Last Close 44.76
- Sector Utilities
- Industry Utilities - Regulated Electric
- Investment Style Small Blend
- Day Range 44.64 – 44.93
- Year Range 42.75 – 49.50
- Market Cap 3.8420 Bil
- Volume / Avg 589,717.0 / 483,888.9
- Price / Sales 1.66
- Price / Book 1.70
- Forward Div Yield 3.26%
- Trailing Div Yield 3.24%
Morningstar‘s Stock Analysis PNM
Valuation
Currency in —
Is it the right time to buy or sell?
Is it the right time to buy or sell?
1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
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Company Profile PNM
Business Description
PNM Resources Inc, or PNMR, is a holding company that owns regulated utilities 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 most of the energy. TNMP owns and operates transmission and distribution services primarily 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. PNM generates the vast majority of PNMR's total revenue.
Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of PNM’s competitive advantage.
PNM Resources Inc
XNYS: PNM
| Xcel Energy Inc
XNAS: XEL
| |
Price
| 44.76 | 59.73 |
Currency
| USD | USD |
Change
| −$0.09 (0.20%) | +$0.35 (0.59%) |
Market Cap
| 3.84 Bil | 32.94 Bil |
Industry
| Utilities - Regulated Electric | Utilities - Regulated Electric |
Sector
|
Utilities
|
Utilities
|
* Trading data in this section is delayed by at least 15 minutes.
FAQs for PNM Resources Inc Stock
Yes. PNM has a forward dividend yield of 3.28%.
See
PNM’s full dividends and stock split history
on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
PNM’s market cap is 3.84 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
PNM’s stock style is Small Core.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
PNM’s price/sales is 1.66.
Price/sales represents the amount an investor is willing to pay for a dollar generated from
a particular company’s sales or revenues.
PNM’s price/forward earnings is 16.16.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates.
The lower the Forward P/E, the cheaper the stock.
PNM’s price/book is 1.70.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets,
based on historical, rather than current, valuations. Historical valuations generally do not reflect
a company’s current market value. Value investors frequently look for companies that have low price/book ratios.
See PNM’s valuation ratios compared to the Market Index.
PNM’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare PNM’s historical performance against its industry peers and the overall market.