TXNM
TXNM Energy, Inc.TXNM
TXNM
About: TXNM Energy Inc is a holding company that owns regulated utility companies providing energy to houses and businesses across Texas and New Mexico using its utilities.
Employees: 1,635
0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
649% more call options, than puts
Call options by funds: $442K | Put options by funds: $59K
24% more capital invested
Capital invested by funds: $3.93B [Q3] → $4.86B (+$928M) [Q4]
22% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 37
10.05% more ownership
Funds ownership: 99.58% [Q3] → 109.63% (+10.05%) [Q4]
7% more repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 97
0% more funds holding in top 10
Funds holding in top 10: 4 [Q3] → 4 (+0) [Q4]
1% less funds holding
Funds holding: 299 [Q3] → 296 (-3) [Q4]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$52
2%
downside
Avg. target
$53
1%
downside
High target
$54
1%
upside
5 analyst ratings
3 positive
60%
2 neutral
40%
0 negative
0%
Evercore ISI Group Michael Lonegan 50% 1-year accuracy 2 / 4 met price target | 1%upside $54 | Outperform Upgraded | 11 Feb 2025 |
Citigroup Ryan Levine 67% 1-year accuracy 4 / 6 met price target | 0%downside $53 | Neutral Maintained | 12 Dec 2024 |
Scotiabank Andrew Weisel 75% 1-year accuracy 21 / 28 met price target | 2%downside $52 | Sector Perform Maintained | 12 Dec 2024 |
Barclays Blayne Curtis 63% 1-year accuracy 32 / 51 met price target | 2%downside $52 | Overweight Maintained | 29 Nov 2024 |
Wells Fargo Jonathan Reeder 60% 1-year accuracy 9 / 15 met price target | 0%downside $53 | Overweight Maintained | 26 Nov 2024 |
Financial journalist opinion
Based on 3 articles about TXNM published over the past 30 days
Neutral
Seeking Alpha
15 hours ago
TXNM Energy, Inc. (TXNM) Q4 2024 Earnings Call Transcript
TXNM Energy, Inc. (NYSE:TXNM ) Q4 2024 Earnings Conference Call February 21, 2025 11:00 AM ET Company Participants Lisa Goodman - Investor Relations Pat Vincent-Collawn - Chairman & Chief Executive Officer Don Tarry - President & Chief Operating Officer Lisa Eden - Senior Vice President & Chief Financial Officer Conference Call Participants Julien Dumoulin-Smith - Jefferies Michael Lonegan - Evercore ISI Anthony Crowdell - Mizuho Andrew Weisel - Scotiabank Ryan Levine - Citi Operator Good day, and welcome to the TXNM Energy Q4 2024 Conference Call. All participants will be in listen-only mode.
Neutral
PRNewsWire
1 day ago
TXNM Energy reports 2024 earnings, increases investment plan and earnings growth targets
2024 GAAP earnings of $2.67 per diluted share, ongoing earnings of $2.74 per diluted share achieves guidance expectation 2025 ongoing earnings guidance range introduced at $2.74 - $2.84 per diluted share reflects strong Texas growth, mid-year implementation of PNM customer rate phase-in Increased long-term earnings per share growth target of 7% to 9% ALBUQUERQUE, N.M. , Feb. 21, 2025 /PRNewswire/ -- TXNM Energy (NYSE: TXNM) today reported 2024 earnings results and refreshed its growth outlook, increasing its long-term earnings growth target to 7% to 9%.
Positive
Seeking Alpha
4 weeks ago
6 Upcoming Dividend Increases
This week's anticipated dividend increases feature six companies, averaging a 4.4% rise, with a median increase of 3.4%. My strategy involves investing in companies with consistent dividend growth and outperforming benchmarks, using data from the U.S. Dividend Champions and NASDAQ. I recommend SCHD for non-REIT investments and the Cohen & Steers REIT & Preferred Income Fund for REITs, both showcasing strong historical performance.
Neutral
PRNewsWire
1 month ago
TXNM Energy to Announce 2024 Earnings and 2025 Guidance on February 21
ALBUQUERQUE, N.M. , Jan. 21, 2025 /PRNewswire/ -- TXNM Energy, Inc. will announce 2024 financial results and introduce 2025 ongoing earnings guidance prior to the market opening on Friday, February 21, 2025.
Neutral
PRNewsWire
1 month ago
TXNM Energy to Meet with Investors
2024 ongoing earnings guidance to be affirmed during meetings ALBUQUERQUE, N.M., Jan. 8, 2025 /PRNewswire/ -- TXNM Energy, Inc. (NYSE: TXNM) management will meet with analysts and investors this week.
Positive
Zacks Investment Research
1 month ago
TXNM or BE: Which Is the Better Value Stock Right Now?
Investors with an interest in Alternative Energy - Other stocks have likely encountered both PNM Resources (TXNM) and Bloom Energy (BE). But which of these two stocks is more attractive to value investors?
Neutral
PRNewsWire
1 month ago
PNM issues all-source RFP for new resources in 2029-2032
ALBUQUERQUE, N.M. , Dec. 31, 2024 /PRNewswire/ -- PNM, a wholly-owned subsidiary of TXNM Energy (NYSE: TXNM), has issued a Request for Proposals (RFP) for at least 900 megawatts of new energy resources to come online between 2029 and 2032 to serve customers in New Mexico, with at least 500 megawatts needed by 2030.
Positive
Zacks Investment Research
2 months ago
TXNM vs. BE: Which Stock Is the Better Value Option?
Investors with an interest in Alternative Energy - Other stocks have likely encountered both PNM Resources (TXNM) and Bloom Energy (BE). But which of these two stocks presents investors with the better value opportunity right now?
Positive
Zacks Investment Research
2 months ago
4 Alternative Energy Stocks to Buy Amid Rising Raw Materials Cost
A booming electric vehicle market and rising wind generation capacity should boost alternative energy stocks amid rising costs. You can buy EE, TXNM, GEVO and FCEL.
Neutral
PRNewsWire
2 months ago
TNMP files Unopposed Settlement in System Resiliency Plan
ALBUQUERQUE, N.M. , Dec. 12, 2024 /PRNewswire/ -- TNMP, a wholly-owned subsidiary of TXNM Energy (NYSE: TXNM), filed an unopposed settlement yesterday in its application with the Public Utility Commission of Texas (PUCT) for approval of a System Resiliency Plan.
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