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StockVS

NYSE · Utilities - Regulated Electric · USD

TXNM Energy, Inc. (TXNM) Stock Analysis

TXNM Energy, Inc. (TXNM) is a Utilities - Regulated Electric stock listed on NYSE and quoted in US Dollar.

TXNM

$58.00

−$0.14 (−0.24%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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TXNM Key Statistics

As of Sep 4, 2026
Trading
Open
$58.21
Previous Close
$58.14
Day's Range
58.00–58.25
52-Week Range
55.64–59.53
Volume
1.24M
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.17
Valuation
Market Cap
$5.98B
P/E Ratio
31.69
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
17.79
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
2.55
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
2.68
EPS (ttm)Profit attributable to each share over the last twelve months.
1.83
Financials (FY)
Revenue (FY)
$2.17B+9.86%
Net Income (FY)
$151.89M−37.41%
Profit marginThe share of revenue left as profit after all costs and taxes.
8.77%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
103.05M
1-Year Return
+5.07%
Dividend and dates
Dividend
$4.58+7.88%
Ex-Dividend Date
September 30, 2026
Earnings Date
October 30, 2026estimated
Avg Volume
1.44M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

TXNM Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+0.67%
2025+23.45%
2024+22.99%
2023−11.99%
2022+10.20%
2021−3.47%
2020−1.74%
2019+26.50%
2018+4.45%
2017+20.95%
2016 (partial year)+5.01%

As of September 4, 2026.

TXNM Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$2.17B$151.89M7.0%
2024$1.97B$242.68M12.3%
2023$1.94B$88.35M4.6%
2022$2.25B$170.06M7.6%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$2.17B$1.35B$440.45M$151.89M7.0%
2024$1.97B$1.29B$462.47M$242.68M12.3%
2023$1.94B$1.05B$303.26M$88.35M4.6%
2022$2.25B$1.11B$394.59M$170.06M7.6%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

TXNM Dividend History

$1.63+5.2% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*$1.273—
2025$1.634+5.2%
2024$1.554+5.4%
2023$1.474+5.7%
YearDividends per sharePaymentsChange
2026 (partial year)$1.273—
2025$1.634+5.2%
2024$1.554+5.4%
2023$1.474+5.7%
2022$1.394+6.1%
2021$1.314+6.5%
2020$1.234+6.2%
2019$1.164+9.4%
2018$1.064+9.1%
2017$0.974+341.8%
2016$0.221—

Most recent payment: $0.42 per share, ex-dividend August 3, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

TXNM Valuation vs Utilities - Regulated Electric Median

Median of 47 stocks
MetricTXNMUtilities - Regulated Electric medianvs median
P/E31.6920.5654% above
P/S ratio2.682.722% below
Profit margin8.77%13.40%4.6 pts below

Medians across 47 Utilities - Regulated Electric stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Recent News

All 10 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

TXNM Energy, Inc. (TXNM) is capitalised at $5.98B on the latest close. The company sits in the Utilities sector, in the Utilities - Regulated Electric industry. Headcount on file is 1,755.

The 52-week range on file runs from $55.64 to $59.53. TXNM last closed at $58.00 on September 4, 2026. That is −$0.14 (−0.24%) against the previous close. The latest close sits 4.24% above that 52-week low.

Financial Health

In fiscal 2025, TXNM Energy, Inc. reported revenue of $2.17B. That is +9.86% against the prior fiscal year, when revenue was $1.97B. The same year closed with net income of $151.89M. That is −37.41% against the prior fiscal year. The reported profit margin is 8.77%. That is 4.6 percentage points below the Utilities - Regulated Electric median of 13.4%. Trailing earnings per share are 1.83.

Across the 4 fiscal years on file, revenue moves from $2.25B in 2022 to $2.17B in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 31.69. That is 54.13% above the Utilities - Regulated Electric median of 20.56. On forward earnings the ratio is 17.79. The PEG ratio, which sets the P/E against expected earnings growth, reads 2.55. The price-to-sales ratio is 2.68. On price-to-sales that is 1.51% below the Utilities - Regulated Electric median of 2.72. 47 Utilities - Regulated Electric companies report these metrics, and the medians quoted come from that group.

The reported beta is 0.17. Daily returns over the trailing 10 years annualize to a volatility of 21.89%. The trailing one-year price return is +5.07%. Measured over 10 years, that is +9.23% a year compounded.

Growth & Income

Shareholders receive a dividend, yielding 7.88% on the latest price. That is 4.3 percentage points above the Utilities - Regulated Electric median yield of 3.6%. At the indicated rate that is $4.58 a share a year. The ex-dividend date on file is September 30, 2026. Dividends are recorded for 11 calendar years; 2026 shows 3 payments totalling $1.27 a share. The year before, 2025, totalled $1.63 a share.

2026 is still running; the price is +0.67% year to date. Across the complete calendar years on file, 2019 returned +26.50% and 2023 returned −11.99%. Of the 9 complete calendar years on file, 6 finished higher.

Peer Comparison

TXNM Energy, Inc. (TXNM) operates in the Utilities - Regulated Electric industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
TXNM Energy, Inc. TXNM $5.98B 31.7
NextEra Energy, Inc. NEE $174.03B 18.9
The Southern Company SO $101.36B 21.4
Duke Energy Corporation DUK $93.74B 18.3

The Utilities - Regulated Electric industry average P/E ratio is 20.6x. TXNM Energy, Inc. trades at a P/E of 31.7.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About TXNM Energy, Inc.

TXNM Energy, Inc., through its subsidiaries, provides electricity and electric services in the United States. The company engages in the generation, transmission, and distribution of electricity for retail electric customers; and owns and leases communications, office and other equipment, office space, vehicles, energy storage facilities, and real estate. It also provides regulated transmission and distribution services in Texas, as well as owns and leases vehicles, service facilities, and office locations throughout its service territory. It 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.

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