FRC
FRC Logo
Sign InGet Access

Connect With Us

Stay updated with our latest research and insights

Fundamental Research Corp Logo

Highly ranked equity research firm providing institutional grade tools and analysis to all investors worldwide. Trusted by global investors for over 20+ years.

20+ Years
Rate us on TrustpilotLeave a review

Policies

  • Privacy Policy
  • Terms of Service
  • Disclaimer

Company

  • About Us
  • Our Team
  • Contact Us
  • Leave a Review

Resources

  • Videos
  • Research Reports
  • Community
  • FAQ
  • How to use FRC

Browse

  • Stock Directory
  • Stock Screener
  • Market Intel Weekly
  • Report Archive

Trackers

  • Congress Trading
  • Senate Trading
  • Congress Net Worth
  • Commodities

© 2026 Fundamental Research Corp. All Rights Reserved.

Professional investment research since 2003

Home
Research
Get Access
Sign In
Company ProfileTXNM Energy, Inc.
  • Company Overview
  • Financial Data
  • Peer Comparison
  • Ownership & News
  • Discussion
TXNM
TXNM Energy, Inc. Stock AnalysisComprehensive stock analysis for TXNM Energy, Inc. (TXNM) including live price, Snowflake performance metrics, financial statements, and investment research.Stock AnalysisTXNM
TXNM
TXNM Energy, Inc.
  • Company Overview
  • Financial Data
  • Peer Comparison
  • Ownership & News
  • Discussion
TXNM
Home🔹Stocks🔹TXNM Energy, Inc.

TXNM Energy, Inc.

🇺🇸TXNM•NYSE

TXNM Energy, Inc.

🇺🇸TXNM•NYSE
Market cap
$6.43B
Sentiment

Your view on TXNM

Mkt Cap
$6.43B
Sentiment
Your view
Company Overview

Overview

What the company does, where it operates, and who runs it.

About TXNM Energy, Inc.

Industry
Regulated Electric
Sector
Utilities
CEO
Joseph D. Tarry
Headquarters
US
Industry
Regulated Electric
Sector
Utilities
CEO
Joseph D. Tarry
Headquarters
US
Description

TXNM Energy, Inc., through its subsidiaries, provides electricity and electric services in the United States. It operates through Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP) segments. The PNM segment engages in the generation, transmission, and distribution of electricity.

The segment owns and leases communications, office and other equipment, office space, vehicles, and real estate. It generates electricity using coal, natural gas and oil, and nuclear fuel and waste, as well as solar, wind, geothermal, and battery storage energy sources. The TNMP segment provides regulated transmission and distribution services.

The segment also owns and leases vehicles, service facilities, and office locations throughout its service territory. The company serves residential, commercial, and industrial customers and end-users of electricity in New Mexico and Texas.

The company was formerly known as PNM Resources, Inc and changed its name to TXNM Energy, Inc. in August 2024. TXNM Energy, Inc. was founded in 1882 and is based in Albuquerque, New Mexico.

Financial Data

Stock Data

Price chart, volume, and trading data.

Fair Value

What FRC thinks it is worth vs. the current price.

FRC's fair value estimate for TXNM Energy, Inc., and the rating behind it. TXNM last traded at $58.40, 32.4× trailing earnings — the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.

Financial Ratios

Profitability, returns, valuation, and leverage ratios.

Valuation, profitability, liquidity and leverage ratios for TXNM Energy, Inc.. Starting points for TXNM Energy, Inc.: P/E 32.4, EPS $1.77, beta 0.17 — an Regulated Electric name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.

Dividend Analysis

Yield, payout ratio, and dividend coverage metrics.

Dividend history, yield and payout sustainability for TXNM Energy, Inc.. TXNM Energy, Inc. paid $1.69 per share over the last year — a 2.9% yield at the current $58.40 price. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.

Earnings Analysis

EPS history, beat rate, and upcoming earnings reports.

Reported vs. expected earnings history for TXNM Energy, Inc.. Trailing twelve-month EPS for TXNM Energy, Inc. stands at $1.77. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.

Financial Statements

Income statement, balance sheet, and cash flow statements.

Income statement, balance sheet and cash flow history for TXNM Energy, Inc.. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.

Peer Comparison

Comparables

List of peer companies in the same industry.

TXNM Energy, Inc. valued side by side against its closest peers. TXNM Energy, Inc. is measured against Regulated Electric peers within the Utilities sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.

Ownership & News

Institutional Ownership

Premium

Which funds and firms own the stock.

Which institutions hold TXNM Energy, Inc., and how their positions are changing. At a $6.43B market value, institutional positions materially move TXNM Energy, Inc.'s register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.

Insider Trading

Premium

Recent buying and selling by company executives.

Buying and selling by TXNM Energy, Inc. executives and directors. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.

Senate Trading

Premium

U.S. Senator disclosures filed under the STOCK Act.

U.S. Senate disclosures naming TXNM Energy, Inc.. TXNM Energy, Inc. is a $6.43B Utilities company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.

House Trading

Premium

U.S. Representative disclosures filed under the STOCK Act.

U.S. House of Representatives disclosures naming TXNM Energy, Inc.. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.

News

Latest headlines and market coverage.

Latest headlines and company announcements for TXNM Energy, Inc.. Coverage tracks TXNM Energy, Inc. within Regulated Electric (Utilities). Press releases and market coverage, newest first.

Discussion

Comments

Comments and replies from FRC members about this company.

Peer companies

  • AEEAmeren Corporation
  • CMSCMS Energy Corporation
  • DTEDTE Energy Company
  • DUKDuke Energy Corporation
  • ETREntergy Corporation
  • EXCExelon Corporation
  • LNTAlliant Energy Corporation
  • MGEEMGE Energy, Inc.

More Regulated Electric companies

  • EMA-PC.TOEmera Incorporated
  • EMA-PH.TOEmera Incorporated
  • EMA.TOEmera Incorporated
  • EMPEntergy Mississippi, Inc. 1M BD 66
  • ENEAYEnea S.A.
  • ENICEnel Chile S.A.
  • EQUEYEquatorial Energia S.A.
  • ERRAFEmera Incorporated
  • ESEversource Energy
  • ETI-PEntergy Texas, Inc.
  • ETRXFEtrion Corporation

ETFs holding TXNM Energy, Inc.

Largest holders, then the funds most concentrated in TXNM · % = share of the fund

  • IJHiShares Core SP Mid-Cap ETF0.17%
  • VTIVanguard Total Stock Market ETF0.01%
  • IWMiShares Russell 2000 ETF0.22%
  • VBVanguard Small-Cap ETF0.08%
  • XMLVInvesco S&P MidCap Low Volatility ETF5.44%
  • AUSFGlobal X - Adaptive U.S. Factor ETF1.56%
  • ZAPGlobal X - U.S. Electrification ETF0.68%
  • VTWVVanguard Russell 2000 Value ETF0.44%
TXNM Analysis
Fair
Past2
Growth1
Health4
Profit2
Value1

News

Latest Market News

No comments yet

Be the first to ask a question or say what you make of TXNM Energy, Inc.