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    TXNM Energy, Inc. (TXNM)

    Official site

    UTILITIES • UTILITIES - REGULATED ELECTRIC • NYSE

    $58.55
    -0.02 (-0.03%)

    Market Cap: $6.44B

    Last updated: Oct 16, 2026 at 5:00 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    84%(32/38)
    Avg Surprise
    +7.83%
    Streak
    1 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$1.47
    Range$1.42 - $1.52
    2 analysts
    EPS RevisionsNo revisions (7d)No revisions (30d)
    EPS Estimate DriftChange to current
    90d ago$1.61-9.0%
    60d ago$1.42+3.7%
    30d ago$1.48-0.7%
    7d ago$1.48-0.7%
    Current$1.47
    Revenue Consensus
    $711M
    Range$711M - $711M
    1 analysts
    Period ending Dec 31, 2026
    EPS Consensus$0.49
    Range$0.29 - $0.72
    6 analysts
    Revenue Consensus
    $567M
    Range$543M - $598M
    3 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$0.49---
    Sep 26EST
    		-$1.47---
    Jun 26
    Reported Jul 31
    		$0.58$0.57+1.75%Beat+132.0%
    Mar 26
    Reported May 1
    		$0.21$0.33-36.36%Miss+10.5%
    Dec 25
    Reported Feb 27
    		$0.48$0.61-20.91%Miss+60.0%
    Sep 25
    Reported Oct 31
    		$1.33$1.44-7.64%Miss-7.0%
    Jun 25
    Reported Aug 1
    		$0.25$0.41-39.02%Miss-58.3%
    Mar 25
    Reported May 9
    		$0.19$0.20-5.00%Miss-53.7%
    Dec 24
    Reported Feb 21
    		$0.30$0.30+0.00%Beat+66.7%
    Sep 24
    Reported Nov 1
    		$1.43$1.42+0.70%Beat-7.1%
    Jun 24
    Reported Jul 31
    		$0.60$0.55+9.09%Beat+9.1%
    Mar 24
    Reported Apr 30
    		$0.41$0.40+2.50%Beat-25.5%
    Dec 23
    Reported Feb 6
    		$0.18$0.14+28.57%Beat+20.0%
    Sep 23
    Reported Oct 27
    		$1.54$1.38+11.59%Beat+5.5%
    Jun 23
    Reported Aug 4
    		$0.55$0.56-1.79%Miss-3.5%
    Mar 23
    Reported May 5
    		$0.55$0.41+34.15%Beat+10.0%
    Dec 22
    Reported Feb 24
    		$0.15$0.13+15.38%Beat-28.6%
    Sep 22
    Reported Nov 4
    		$1.46$1.35+8.15%Beat+6.6%
    Jun 22
    Reported Aug 4
    		$0.57$0.53+7.55%Beat+3.6%
    Mar 22
    Reported Apr 28
    		$0.50$0.37+35.14%Beat+56.3%
    Dec 21
    Reported Feb 3
    		$0.21$0.16+31.25%Beat+40.0%
    Sep 21
    Reported Oct 28
    		$1.37$1.22+12.30%Beat-2.1%
    Jun 21
    Reported Jul 30
    		$0.55$0.46+19.57%Beat+0.0%
    Mar 21
    Reported Apr 30
    		$0.32$0.22+45.45%Beat+77.8%
    Dec 20
    Reported Feb 26
    		$0.15$0.15+0.00%Beat-58.3%
    Sep 20
    Reported Oct 30
    		$1.40$1.20+16.67%Beat+8.5%
    Jun 20
    Reported Jul 31
    		$0.55$0.48+14.58%Beat+48.6%
    Mar 20
    Reported Apr 13
    		$0.18$0.18+0.00%Beat+38.5%
    Dec 19
    Reported Feb 28
    		$0.36$0.36+0.00%Beat+100.0%
    Sep 19
    Reported Nov 1
    		$1.29$1.27+1.57%Beat+19.4%
    Jun 19
    Reported Aug 2
    		$0.37$0.37+0.00%Beat-30.2%
    Mar 19
    Reported May 7
    		$0.13$0.11+18.18%Beat-38.1%
    Dec 18
    Reported Feb 27
    		$0.18$0.17+5.88%Beat-25.0%
    Sep 18
    Reported Nov 6
    		$1.08$1.04+3.85%Beat+16.1%
    Jun 18
    Reported Jul 31
    		$0.53$0.43+23.26%Beat+8.2%
    Mar 18
    Reported Apr 27
    		$0.21$0.21+0.00%Beat-25.0%
    Dec 17
    Reported Feb 27
    		$0.24$0.19+26.32%Beat-23.0%
    Sep 17
    Reported Oct 27
    		$0.93$0.85+9.41%Beat-
    Jun 17
    Reported Jul 28
    		$0.49$0.45+8.89%Beat-
    Mar 17
    Reported Apr 28
    		$0.28$0.24+16.67%Beat-
    Dec 16
    Reported Feb 28
    		$0.31N/AN/ABeat-

    Dividends

    Dividend Metrics

    Forward Yield2.89%
    Forward Annual Dividend$1.69
    Payout Ratio35.93%
    FrequencyQuarterly
    Pay MonthsFeb, May, Aug, Nov

    Growth

    3Y CAGR+5.45%
    5Y CAGR+5.79%
    TXNM dividend history and ex-dividend datesRun TXNM in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio22.52EV/EBITDA14.77x
    Price/FCF-16.58xFCF Yield-6.03%
    Profitability
    Profit Margin8.77%Operating Margin22.50%
    ROE6.25%ROIC4.46%
    Financial Health
    Debt/Equity1.66xInterest Coverage1.68x
    Current Ratio0.56xQuick Ratio0.39x
    Trading Statistics
    Beta0.17Avg Volume1.67M
    52-Week High$59.1052-Week Low$55.23

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$58.52
    SMA 20$58.48
    SMA 50$58.00
    SMA 200$58.00
    EMA 10$58.51
    EMA 20$58.42
    EMA 50$58.12
    EMA 200$57.63

    MACD

    Line: 0.15Signal: 0.17Hist: -0.02

    ADX

    ADX: 27.2+DI: 22.3-DI: 12.9

    Aroon & PSAR

    Aroon Up20.0
    Aroon Down8.0
    PSAR$58.10

    Bollinger Bands

    Upper Band$58.72
    Lower Band$58.23
    %B Position84%(Upper)
    Band Width0.65

    RSI (14-Day)

    Neutral
    56.4

    Momentum Oscillators

    Stoch %K60.9
    Stoch %D57.4
    Williams %R-40.0
    ROC (10d)0.0%
    Momentum0.02
    CCI (20d)130.4
    MFI (14d)60.9

    Volatility Measures

    ATR (14d)$0.33(0.6%)
    StdDev (20d)0.12
    Hist Vol4.7%(Low)

    Volume Flow

    VWAP$58.63
    OBV-1.1M
    AD Line-1.7B
    CMF (20d)-0.126

    Volume Metrics

    Avg Vol (20d)1.7M
    Vol Ratio0.8x
    VWMA (20d)$58.45

    Pivot Points

    R3$58.86
    R2$58.75
    R1$58.66
    Pivot Point$58.55
    S1$58.46
    S2$58.35
    S3$58.26

    Advanced Oscillators

    TSI14.22
    Ultimate Osc54.4
    KST10.16

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$548.55M$504.98M$533.23M$647.16M$502.42M$482.79M$476.96M$569.26M$488.10M$436.88M$412.11M$505.85M
    Cost of Revenue$245.75M$248.74M$258.69M$271.57M$248.49M$245.58M$239.78M$209.79M$228.43M$207.67M$322.52M$278.21M
    Gross Profit$302.80M$256.25M$274.54M$375.60M$253.93M$237.21M$237.18M$359.46M$259.68M$229.20M$89.59M$227.64M
    Operating Expenses$179.50M$179.24M$180.82M$172.73M$181.23M$165.32M$161.05M$168.38M$153.99M$148.61M$136.32M$140.99M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$64.87M$66.91M$69.25M$68.44M$75.99M$60.77M$67.27M$64.84M$59.58M$55.43M$60.27M$58.48M
    Operating Income$123.30M$77.01M$93.72M$202.87M$72.70M$71.89M$76.13M$191.08M$105.68M$80.59M$-46,733,000$86.65M
    Interest Income$28.59M$-5,377,000$6.51M$17.87M$27.43M$3.01M$343,000$22.44M$5.03M$22.58M$23.83M$-3,038,000
    Interest Expense$69.34M$68.59M$65.81M$70.15M$72.01M$63.55M$58.81M$59.66M$55.83M$53.76M$53.70M$49.84M
    Income Before Tax$87.67M$8.00M$-16,394,000$155.25M$27.34M$13.81M$21.69M$159.82M$60.94M$37.80M$-74,825,000$37.65M
    Income Tax Expense$12.28M$-9,000$-11,106,000$18.95M$1.33M$1.02M$1.70M$23.42M$8.97M$-12,571,000$-29,092,000$-5,267,000
    Net Income$75.39M$8.01M$-5,288,000$136.30M$26.01M$12.80M$19.99M$136.40M$51.96M$50.37M$-45,733,000$42.92M
    EBITDA$256.02M$207.40M$165.19M$333.38M$192.87M$188.66M$189.25M$304.60M$215.10M$171.98M$46.18M$179.23M
    EBIT$128.42M$81.97M$42.91M$207.53M$71.92M$74.36M$80.16M$197.04M$111.73M$68.98M$-44,956,000$90.53M
    * Some calculated fields are derived from available data when not provided by source

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    News

    PNM Resources Inc. (US69349H1077.SG) Recent Insider Transactions

    The article provides a summary of recent insider transactions for PNM Resources Inc. (US69349H1077.SG), indicating no recorded insider purchases or sales in the last six months. It also shows no net institutional...

    Yahoo! Finance Canada•10/6/26•Neutral

    PNM Resources stock enters a note conversion window

    PNM Resources (now TXNM Energy) has opened a conversion window for its 5.75 percent junior subordinated notes, running from October 1 to December 31, 2026. The stock was at USD 58.41 on October 2, 2026...

    AD HOC NEWS•10/4/26•Neutral

    Bank of America Corp DE Makes New Investment in TXNM Energy, Inc. $TXNM

    Bank of America Corp DE has made a new investment in TXNM Energy, Inc. (NYSE:TXNM), acquiring 360,040 shares valued at approximately $20.4 million. This investment represents about 0.35% of TXNM Energy...

    MarketBeat•9/25/26•Somewhat-Bullish

    Tidal Investments LLC Acquires 25,889 Shares of TXNM Energy, Inc. $TXNM

    Tidal Investments LLC significantly increased its stake in TXNM Energy, Inc. (NYSE:TXNM) by 188.6% in the second quarter, adding 25,889 shares to its holdings...

    MarketBeat•9/17/26•Neutral

    Amundi Raises Stock Holdings in TXNM Energy, Inc. $TXNM

    Amundi significantly increased its stake in TXNM Energy by 1,911.2% in the second quarter, acquiring 125,740 additional shares, bringing its total position to $7.5 million. Despite this...

    MarketBeat•9/13/26•Neutral

    TXNM Valuation and Fair Value

    P/E
    22.5x
    Forward P/E
    18.0x
    EV/EBITDA
    14.8x
    P/FCF
    -16.6x
    PEG
    2.5x
    P/B
    2.3x
    See GNG's fair value

    TXNM Profitability: Margins, ROIC and FCF

    Gross margin
    54.1%
    Operating margin
    22.5%
    Net margin
    8.8%
    ROIC
    4.5%
    ROE
    6.3%
    FCF margin
    -22.5%
    FCF yield
    -6.0%

    TXNM Competitors

    CompanyTicker
    Clearway Energy Inc Class CCWEN
    Southwest Gas Holdings IncSWX
    IDACORP IncIDA
    Enel Chile SA ADRENIC
    UGI CorporationUGI
    Black Hills CorporationBKH
    Entergy Louisiana LLC PrefELC
    Ormat Technologies IncORA

    Sector: Utilities

    TXNM Analyst Ratings

    Consensus
    Hold
    Analysts
    5
    Strong Buy
    1
    Buy
    0
    Hold
    4
    Sell
    0
    Strong Sell
    0

    TXNM Bull Case vs Bear Case

    Bear case

    • TXNM beat EPS estimates in 25.0% of its last 8 reported quarters.

    TXNM Earnings: Beat Rate and Next Report

    Beat rate
    2 of 8 quarters (25.0%)
    Average surprise
    -13.3%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $1.47
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    0 up, 0 down

    TXNM Dividend

    Forward yield
    2.9%
    Payout ratio
    35.9%
    3Y DPS growth
    5.5%
    5Y DPS growth
    5.8%
    Pay months
    Feb, May, Aug, Nov
    TXNM dividend history

    Frequently Asked Questions About TXNM

    What is TXNM's current dividend yield?

    TXNM Energy, Inc. (TXNM) has a forward dividend yield of 2.89%.

    Does TXNM pay dividends?

    Yes, TXNM Energy, Inc. pays dividends with a forward dividend yield of 2.89%.

    What is TXNM's P/E ratio?

    TXNM Energy, Inc. has a price-to-earnings (P/E) ratio of 22.52.

    What is TXNM's market cap?

    TXNM Energy, Inc. (TXNM) has a market capitalization of $6.44B with a current stock price of $58.55.

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