TXNM

TXNM Energy Inc

58.38

Oct 30 • 3:59 PM ET -0.27 (-0.46%)

58.38

Aftermarket • 7:30 PM ET 0.00 (0.00%)

Utilities Utilities - Regulated Electric USA Mid NYSE

Oct 30, 8:15 AMTXNM Energy posts Q3 2026 non-GAAP EPS $1.62 beating estimates, while revenue $733.3M misses expectations

Peers: PNW OGE IDA EVRG XEL POR NWE CNP AEE AEP

| Held by: IJH VTI IWM VB VBR VXF IWN MDY VPU XMLV

Scroll to Statements

Index	RUT
Market Cap	6.43B
Enterprise Value	12.44B
Income	228.58M
Sales	2.32B
Book/sh	32.01
Cash/sh	0.13
Dividend Est.	-
Dividend TTM	1.69 (2.89%)
Dividend Ex-Date	Oct 23, 2026
Dividend Gr. 3/5Y	5.38% 5.71%
Payout	111.28%
Employees	1755
IPO	Sep 08, 1972

P/E	28.02
Forward P/E	17.85
PEG	1.13
P/S	2.77
P/B	1.82
P/C	440.65
P/FCF	-
EV/EBITDA	11.82
EV/Sales	5.36
Quick Ratio	0.39
Current Ratio	0.56
Debt/Eq	1.67
LT Debt/Eq	1.47
Option/Short	Yes / Yes

EPS (ttm)	2.08
EPS next Y	3.27
EPS next Q	0.36
EPS this Y	25.56%
EPS next Y	11.79%
EPS next 5Y	15.84%
EPS past 3/5Y	-9.09% -7.23%
Sales past 3/5Y	-1.26% 7.30%
EPS Y/Y TTM	-7.29%
Sales Y/Y TTM	9.99%
EPS Q/Q	23.27%
Sales Q/Q	13.31%
Earnings	Oct 30 BMO
EPS/Sales Surpr.	5.57% -2.18%

Insider Own	0.99%
Insider Trans	0.00%
Inst Own	102.41%
Inst Trans	-4.90%
ROA	1.62%
ROE	5.82%
ROIC	2.60%
Gross Margin	41.20%
Oper. Margin	24.36%
Profit Margin	9.85%
SMA20	-0.25%
SMA50	0.25%
SMA200	-0.03%
Trades

Shs Outstand	110.13M
Shs Float	109.04M
Short Float	5.49%
Short Ratio	4.65
Short Interest	5.99M
52W High	59.53 -1.93%
52W Low	55.64 4.92%
Volatility	0.51% 0.47%
ATR (14)	0.33
RSI (14)	48.27
Beta	0.17
Rel Volume	0.75
Avg Volume	1.29M
Volume	967,807

Perf Week	0.19%
Perf Month	-0.26%
Perf Quarter	1.35%
Perf Half Y	-1.39%
Perf YTD	-0.85%
Perf Year	2.75%
Perf 3Y	37.20%
Perf 5Y	17.35%
Perf 10Y	82.72%
Recom	3.00
Target Price	61.17
Prev Close	58.65
Price	58.38
Change %	-0.46%

Consensus

Hold

Avg. Price Target

$61.17

Implied Upside

+4.8%

Analysts9incl. previous ratings

Rating Distribution5 Buy · 4 Hold · 0 Sell

Date	Action	Analyst	Rating Change	Price Target Change	Implied Upside
Oct 27, 2025	Downgrade	JJefferies	Buy → Hold	$61.25	+4.9%
Oct 09, 2025	Initiated	CCitigroup	Neutral	$61.25	+4.9%
Mar 11, 2025	Upgrade	MMizuho	Neutral → Outperform	$53	-9.2%
Feb 11, 2025	Upgrade	EEvercore ISI	In-line → Outperform	$51 → $54	-7.5%
Oct 10, 2024	Initiated	BScotiabank	Sector Perform	$46	-21.2%
Oct 02, 2024	Initiated	JJefferies	Buy	$50	-14.4%
May 30, 2024	Resumed	EEvercore ISI	In-line	$38	-34.9%
Feb 08, 2024	Initiated	BBarclays	Overweight	$40	-31.5%
Jan 03, 2024	Upgrade	WWells Fargo	Equal Weight → Overweight	$41 → $44	-24.6%
Jan 03, 2024	Downgrade	MMizuho	Buy → Neutral	$41	-29.8%
Sep 26, 2023	Upgrade	MMizuho	Neutral → Buy	$50.30	-13.8%
May 16, 2023	Upgrade	SSiebert Williams Shank	Hold → Buy	$53 → $55	-5.8%
Jan 09, 2023	Downgrade	MMizuho	Buy → Neutral	$51 → $50.30	-13.8%
Oct 20, 2022	Downgrade	WWells Fargo	Overweight → Equal Weight	$53 → $45	-22.9%
Jun 22, 2022	Upgrade	MMizuho	Neutral → Buy	$53 → $52	-10.9%
Dec 13, 2021	Upgrade	WWells Fargo	Equal Weight → Overweight	$50	-14.4%
Dec 03, 2021	Upgrade	WWells Fargo	Underweight → Equal Weight	$50 → $47	-19.5%
Aug 25, 2021	Downgrade	AArgus	Buy → Hold
Mar 03, 2021	Downgrade	CCitigroup	Buy → Neutral
Jan 06, 2021	Downgrade	WWells Fargo	Equal Weight → Underweight	$50	-14.4%

Oct-30-26 11:01PM	Heat wave lifts TXNM Energy profits in third quarter (Albuquerque Journal, N.M.)
06:30AM	TXNM Energy Reports Third Quarter 2026 Results (PR Newswire)
Oct-17-26 10:01AM	PRC examiners wont probe sale of TXNM stock to Zimmer (Albuquerque Journal, N.M.)
Sep-22-26 06:40PM	TXNM Energy Board Declares Quarterly Common Stock Dividend (PR Newswire)
Sep-19-26 11:59PM	New Mexico investment officials push hard against calls for PNM stock purchase (The Santa Fe New Mexican)
11:59PM	Loading…
Sep-15-26 11:59PM	Amid troubled PNM takeover, Blackstone proposes revised higher rate credit (The Santa Fe New Mexican)
11:11PM	PNM, Blackstone double ratepayer credits in merger application (Albuquerque Journal, N.M.)
11:40AM	TXNM Energy and Blackstone Infrastructure Announce Enhanced $300 Million Customer and Community Benefits Package for New Mexico (PR Newswire)
Sep-14-26 07:28AM	Blackstone-TXNM deal faces fresh questions from New Mexico DOJ (Utility Dive)
Aug-31-26 08:27PM	TXNM Energy Announces Pricing of Public Offering of Common Stock (PR Newswire)
04:03PM	TXNM Energy Announces Public Offering of Common Stock (PR Newswire)
Aug-29-26 11:59PM	Who are the Blackstone investors poised to own PNM? (The Santa Fe New Mexican)
Aug-18-26 04:39PM	Public Service Company of New Mexico Declares Preferred Dividend (PR Newswire)
Aug-09-26 11:59PM	Critics call for more scrutiny of TXNM-Blackstone deal after voided stock deal (The Santa Fe New Mexican)
Aug-04-26 11:07PM	Nonprofit wants TXNM to hand $240 million to customers over waived Blackstone termination fee (Albuquerque Journal, N.M.)
07:09AM	Loading…
Aug-03-26 07:09AM	TXNM Energy Inc's Dividend Analysis (GuruFocus.com)
Aug-01-26 10:03AM	Could New Mexico buy its own power company? (Albuquerque Journal, N.M.)
Jul-31-26 06:40AM	PNM Resources: Q2 Earnings Snapshot (Associated Press)
06:30AM	TXNM Energy Reports Second Quarter 2026 Results (PR Newswire)
Jul-29-26 11:59PM	Report: Blackstone kept millions in dividends on illegal, voided sale of PNM stock (The Santa Fe New Mexican)
Jul-21-26 04:30PM	TXNM Energy Board Declares Quarterly Common Stock Dividend (PR Newswire)
Jul-17-26 11:06PM	TXNM, Blackstone extend $11.5 billion sale deadline after regulatory setback (Albuquerque Journal, N.M.)
04:30PM	TXNM Energy and Blackstone Infrastructure Extend Merger Agreement (PR Newswire)
Jul-13-26 01:03PM	These overlooked chip stocks are getting an AI boost (Yahoo Finance)
Jul-02-26 11:59PM	Foes of PNM takeover applaud as regulators order $400 million stock deal undone (The Santa Fe New Mexican)
03:02PM	New Mexico regulators order Blackstone, TXNM to unwind $400 million stock sale (Albuquerque Journal, N.M.)
Jun-08-26 11:01PM	PRC hearing examiners recommend reversing $400 million TXNM stock sale to Blackstone (Albuquerque Journal, N.M.)
Jun-01-26 01:03PM	Powering homes and businesses with reliable, affordable and clean energy: PNM puts forth balanced plan to advance carbon-free future (PR Newswire)
May-29-26 03:21PM	TNMP Files Comprehensive Rate Settlement (PR Newswire)
May-21-26 04:15PM	Public Service Company of New Mexico Declares Preferred Dividend (PR Newswire)
06:15AM	Loading…
06:15AM	New Mexico regulators scrutinize Blackstone-TXNM stock trade in merger review (Utility Dive)
May-20-26 03:01PM	PRC examiners recommend sale of New Mexico Gas Co. to Louisiana private equity firm (Albuquerque Journal, N.M.)
May-01-26 11:59PM	PNM, Blackstone execs defend stock sale before New Mexico regulators (The Santa Fe New Mexican)
06:38AM	PNM Resources: Q1 Earnings Snapshot (Associated Press)
06:30AM	TXNM Energy Reports First Quarter 2026 Results (PR Newswire)
Apr-30-26 11:59PM	TXNM CEO says it would have been beneficial to seek PRC approval for stock sale to Blackstone (Albuquerque Journal, N.M.)
Apr-08-26 11:59PM	New Mexico attorney general: PNM stock sale to Blackstone should be voided (The Santa Fe New Mexican)
Mar-12-26 11:59PM	Regulators open investigation into PNM-Blackstone stock trade (The Santa Fe New Mexican)
Feb-27-26 05:35PM	Public Service Company of New Mexico Declares Preferred Dividend (PR Newswire)
06:50AM	PNM Resources: Q4 Earnings Snapshot (Associated Press Finance)
06:30AM	TXNM Energy Reports 2025 Results, Transaction and Regulatory Updates (PR Newswire)
06:30AM	Dakota Gold Announces Appointment of Brian G. Iverson to Board of Directors (TMX Newsfile)
Feb-26-26 04:30PM	TXNM Energy Board Declares Quarterly Common Stock Dividend (PR Newswire)
Feb-23-26 04:50AM	FERC approves Blackstones acquisition of TXNM Energy (Power Technology)
Feb-20-26 09:51PM	TXNM Energy clears regulatory hurdle as FERC greenlights Blackstone merger deal (Investing.com)
06:04PM	FERC Authorizes TXNM Energy Acquisition by Blackstone Infrastructure, Finds Transaction Consistent with Public Interest (PR Newswire)
Feb-13-26 10:05AM	TXNM Energys 2.8% Yield: Reliable Utility or Risky Bet? (24/7 Wall St.)
Feb-12-26 11:59PM	Advocates say PNM parent company's $400M stock sale to Blackstone flouted state law (The Santa Fe New Mexican)
Feb-06-26 12:11PM	Texas Commission Approves TXNM Energy Acquisition by Blackstone Infrastructure (PR Newswire)
Feb-05-26 11:59PM	'Blackstone is not welcome in New Mexico': Residents slam proposed takeover of PNM (The Santa Fe New Mexican)
Feb-03-26 09:40AM	BlackRocks GIP Teams Up With EQT in Bid to Acquire Power Firm AES (Bloomberg)
Dec-15-25 04:42PM	Parties in Texas Reach Unanimous Settlement for Approval of Blackstone Infrastructure Acquisition of TXNM Energy (PR Newswire)
Dec-02-25 04:19PM	TXNM Energy Board Increases Annual Common Stock Dividend and Declares Quarterly Dividend Payment (PR Newswire)
Nov-26-25 01:08PM	Blackstone Nears $4 Billion Deal for MacLean Power Systems (Bloomberg)
Nov-17-25 06:30AM	TNMP Files Base Rate Review (PR Newswire)
Nov-14-25 07:30PM	Public Service Company of New Mexico Declares Preferred Dividend (PR Newswire)
Oct-31-25 06:41AM	PNM Resources: Q3 Earnings Snapshot (Associated Press Finance)
06:30AM	TXNM Energy Reports Third Quarter 2025 Results (PR Newswire)
Oct-23-25 06:23PM	Meta, Microsoft, and Others Need Power. These Utility Stocks Will Benefit. (Barrons.com)
04:28PM	Power Is in Demand. These Utility Stocks Will Be Too. (Barrons.com)
Oct-21-25 05:51PM	This Blackstone-TPG deal joins over $700 billion worth of private-equity buyouts this year. That's good news for shareholders. (MarketWatch)
Oct-15-25 07:00PM	Powered By Blackstone Private Equity Giant One Step Closer To Acquiring New Mexico Public Utility PNM For $11.5 Billion (Benzinga)
Sep-23-25 04:15PM	TXNM Energy Board Declares Quarterly Common Stock Dividend (PR Newswire)
Aug-28-25 04:15PM	TXNM Energy Shareholders Overwhelmingly Approve Acquisition by Blackstone Infrastructure (PR Newswire)
Aug-27-25 11:03PM	Addressing business leaders, TXNM CEO calls for 'thinking differently' amid $11.5 billion Blackstone deal (Albuquerque Journal, N.M.)
Aug-26-25 04:15PM	Public Service Company of New Mexico Declares Preferred Dividend (PR Newswire)
04:18AM	TXNM Energy seeks state regulators approval for $11.5B Blackstone acquisition (Utility Dive)
Aug-25-25 07:36PM	PNM files proposed $11.5B Blackstone takeover deal with New Mexico PRC (The Santa Fe New Mexican)
03:04PM	TXNM Energy, PNM's parent company, files $11.5 billion Blackstone acquisition with state regulators (Albuquerque Journal, N.M.)
11:18AM	TXNM Energy Files Regulatory Applications (PR Newswire)
Aug-01-25 06:47AM	PNM Resources: Q2 Earnings Snapshot (Associated Press Finance)
06:30AM	TXNM Energy Reports Second Quarter 2025 Results (PR Newswire)
Jul-25-25 02:15PM	TXNM Energy Board Declares Quarterly Common Stock Dividend (PR Newswire)
Jun-30-25 06:30AM	Approval of Unopposed Stipulation in PNM 2028 Resource Application (PR Newswire)
Jun-23-25 02:29PM	Guessing Market Caps and Learning About Stocks (Motley Fool)
Jun-16-25 04:42PM	Public Service Company of New Mexico Declares Preferred Dividend (PR Newswire)
Jun-09-25 05:00AM	Oil & Gas Deals Are Tanking. The Worlds Top M&A Law Firm Has Been Here Before (Bloomberg)
Jun-03-25 06:20AM	Is ProShares Russell 2000 Dividend Growers ETF (SMDV) a Strong ETF Right Now? (Zacks)
May-22-25 10:18AM	TXNM Energy, Inc. (NYSE:TXNM)'s Acquisition By Blackstone Is "Great," Says Jim Cramer (Insider Monkey)
May-20-25 06:30AM	TXNM Energy Announces CFO Transition to Henry Monroy (PR Newswire)
May-19-25 10:25PM	Why TXNM Energy Inc. (TXNM) Surged Today (Insider Monkey) +6.98%
04:24PM	Blackstone (BX) Acquires TXNM Energy For $11.5 Billion (Insider Monkey)
04:22PM	Stocks to Watch Recap: Walmart, Nvidia, Tesla (The Wall Street Journal)
12:20PM	UK's BNPL regulations, Blackstone deal, Nippon Steel & US Steel (Yahoo Finance Video)
11:55AM	Top Stock Movers Now: Tesla, AutoZone, Novavax, and More (Investopedia)
10:34AM	Blackstone Infrastructure to Buy TXNM Energy for $5.7 Billion (The Wall Street Journal)
10:22AM	TXNM Energy Stock Hits All-Time High on $11.5B Blackstone Deal (Investopedia)
09:32AM	Stocks to Watch Monday: Walmart, Nvidia, Tesla (The Wall Street Journal)
06:30AM	TXNM Energy Enters Agreement to be Acquired by Blackstone Infrastructure (PR Newswire)
May-15-25 04:15PM	PNM, TNMP Receive Rate Approvals (PR Newswire)
May-14-25 06:30AM	TXNM Energy Announces Executive Leadership Transition of Pat Collawn to Executive Chair, Don Tarry to CEO (PR Newswire)
May-12-25 06:33PM	Why Blackstone Group Stock Skyrocketed by Nearly 7% on Monday (Motley Fool)
May-09-25 06:36AM	PNM Resources: Q1 Earnings Snapshot (Associated Press Finance)
06:30AM	TXNM Energy Reports First Quarter 2025 Results (PR Newswire)
May-08-25 09:22AM	TXNM Energy Inc (TXNM) Q1 2025: Everything You Need to Know Ahead of Earnings (GuruFocus.com)
09:10AM	How to Maximize Your Retirement Portfolio with These Top-Ranked Dividend Stocks (Zacks)
May-04-25 04:01PM	Wall Street Brunch: Bye Bye Buffett (Seeking Alpha)
07:42AM	Wall Street Week Ahead (Seeking Alpha)
May-03-25 11:00AM	Ford, Disney, And AMD To Report Results Next Week (Seeking Alpha)
Apr-19-25 01:25AM	Dividend Champion, Contender, And Challenger Highlights: Week Of April 20 (Seeking Alpha)

Show Previous News

Insider Trading	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total	SEC Form 4
TARRY JOSEPH DON	President and CEO	Mar 07 '26	Option Exercise	0.00	7,248	0	59,637	Mar 09 04:55 PM
Iverson Brian	Gen Couns, SVP Reg-Pub Policy	Mar 07 '26	Option Exercise	0.00	1,163	0	9,533	Mar 09 04:54 PM
COLLAWN PATRICIA K	EXECUTIVE CHAIR	Mar 07 '26	Option Exercise	0.00	21,844	0	779,752	Mar 09 04:53 PM
Monroy Henry E	SVP and CFO	Mar 07 '26	Option Exercise	0.00	992	0	9,635	Mar 09 04:52 PM
Bischoff Gerald R	VP and Corporate Controller	Mar 07 '26	Option Exercise	0.00	788	0	1,929	Mar 09 04:52 PM
TARRY JOSEPH DON	President and CEO	Dec 17 '25	Option Exercise	0.00	9,433	0	58,525	Dec 18 03:58 PM
Iverson Brian	Gen Couns, SVP Reg-Pub Policy	Dec 17 '25	Option Exercise	0.00	2,344	0	9,080	Dec 18 03:57 PM
Jacobson Monique	SVP, Corporate Services	Dec 17 '25	Option Exercise	0.00	658	0	658	Dec 18 03:55 PM
Monroy Henry E	SVP and CFO	Dec 17 '25	Option Exercise	0.00	466	0	9,104	Dec 18 03:53 PM
Bischoff Gerald R	VP and Corporate Controller	Dec 17 '25	Option Exercise	0.00	638	0	1,680	Dec 18 03:52 PM
COLLAWN PATRICIA K	EXECUTIVE CHAIR	Dec 17 '25	Option Exercise	0.00	27,320	0	776,877	Dec 18 03:50 PM
TARRY JOSEPH DON	President and CEO	Dec 01 '25	Option Exercise	0.00	13,234	0	55,081	Dec 02 06:30 PM
BAILEY VICKY A	Director	Nov 14 '25	Sale	57.74	1,800	103,932	8,725	Nov 18 01:45 PM
VICKY A. BAILEY TTEE THE VICKY	Director	Nov 14 '25	Proposed Sale	57.74	1,800	103,932		Nov 14 05:33 PM

TXNM Energy, Inc. operates as an investor-owned holding company, which provides electricity and electric services in New Mexico and Texas. It operates through the following segments: Public Service Company of New Mexico (PNM), Texas-New Mexico Power Company (TNMP), and Corporate and Other. The PNM segment includes the retail electric utility operations of the company. The TNMP segment provides transmission and distribution services of electricity in Texas. The Corporate and Other segment consists of holding company activities. The company was founded in 2000 and is headquartered in Albuquerque, NM.

Executive ChairMs. Patricia K. Vincent-Collawn

PresidentMr. Joseph D. Tarry CPA

Senior VP & CFOMr. Henry E. Monroy

Senior Vice President of Corporate ServicesMs. Monique M. Jacobson

General CounselMr. Brian G. Iverson J.D.

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TXNM

TXNM Energy Inc

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