PNM Resources Inc PNM
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.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if PNM is a good fit for your portfolio.
News
-
PNM Files 2025 Rate Request
-
TNMP Receives Approval for Distribution Investment Recovery
-
PNM Resources Closes Offering of $500 Million 5.75% Junior Subordinated Convertible Notes due 2054
-
PNM Resources Announces Pricing of $500 Million of 5.75% Junior Subordinated Convertible Notes due 2054
-
Public Service Company of New Mexico Declares Preferred Dividend
-
PNM Resources Management to Meet with Investors
-
PNM Resources Announces Offering of Junior Subordinated Convertible Notes due 2054
-
NMPRC Approves New PNM Energy Resources for 2026
Trading Information
- Previous Close Price
- $35.99
- Day Range
- $35.70–36.34
- 52-Week Range
- $34.63–45.94
- Bid/Ask
- $34.00 / $37.03
- Market Cap
- $3.27 Bil
- Volume/Avg
- 523,582 / 657,728
Key Statistics
- Price/Earnings (Normalized)
- 13.52
- Price/Sales
- 1.73
- Dividend Yield (Trailing)
- 4.17%
- Dividend Yield (Forward)
- 4.28%
- Total Yield
- 4.17%
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
Competitors
Valuation
Metric
|
PNM
|
XEL
|
---|---|---|
Price/Earnings (Normalized) | 13.52 | 15.23 |
Price/Book Value | 1.39 | 1.64 |
Price/Sales | 1.73 | 2.12 |
Price/Cash Flow | 6.07 | 6.61 |
Price/Earnings
PNM
XEL
Financial Strength
Metric
|
PNM
|
XEL
|
---|---|---|
Quick Ratio | 0.19 | 0.48 |
Current Ratio | 0.37 | 0.86 |
Interest Coverage | 1.18 | 2.63 |
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
Utilities - Regulated Electric Industry Comparables
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
---|---|---|---|---|---|---|
NextEra Energy Inc
NEE
| Bpbncrsp | Mrsbrm | $148.1 Bil | |||
Southern Co
SO
| Knnybymcv | Tfgtdf | $85.3 Bil | |||
Duke Energy Corp
DUK
| Nchrqtk | Bgyyy | $77.6 Bil | |||
National Grid PLC ADR
NGG
| Jsqxxytdk | Nzcqs | $57.0 Bil | |||
American Electric Power Co Inc
AEP
| Xvxnqlzr | Mrcprq | $46.3 Bil | |||
PG&E Corp
PCG
| Qqbstyjm | Jylz | $45.1 Bil | |||
Dominion Energy Inc
D
| Wywrgknv | Pmnfrv | $41.2 Bil | |||
Public Service Enterprise Group Inc
PEG
| Lrzngmm | Bsqtgq | $36.9 Bil | |||
Exelon Corp
EXC
| Nfkzbzc | Rcngsj | $34.3 Bil | |||
Consolidated Edison Inc
ED
| Mdzjxvfj | Xzdr | $30.9 Bil |