PNM - PNM Resources Inc Stock Price, Fair Value and News

37.95USD+0.02 (+0.05%)Market Closed

Market Summary

USD37.95+0.02

Market Closed

0.05%

PNM Alerts

Big fall in Revenue (Y/Y)

PNM Stock Price

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PNM RSI Chart

PNM Valuation

Market Cap

3.4B

Price/Earnings (Trailing)

35.3

Price/Sales (Trailing)

1.87

EV/EBITDA

12.31

Price/Free Cashflow

6.68

PNM Price/Sales (Trailing)

PNM Profitability

EBT Margin

3.18%

Return on Equity

4.03%

Return on Assets

0.95%

Free Cashflow Yield

14.97%

PNM Fundamentals

PNM Revenue

Revenue (TTM)

1.8B

Rev. Growth (Yr)

-19.7%

Rev. Growth (Qtr)

6.01%

PNM Earnings

Earnings (TTM)

97.0M

Earnings Growth (Yr)

-16.44%

Earnings Growth (Qtr)

210.13%

Breaking Down PNM Revenue

Last 7 days

-0.7%

Last 30 days

4.8%

Last 90 days

4.6%

Trailing 12 Months

-20.5%

How does PNM drawdown profile look like?

PNM Financial Health

Current Ratio

0.37

Debt/Equity

1.81

Debt/Cashflow

0.12

PNM Investor Care

Dividend Yield

1.64%

Dividend/Share (TTM)

0.62

Shares Dilution (1Y)

5.09%

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	1.8B	0	0	0
2023	2.3B	2.3B	2.1B	1.9B
2022	1.9B	1.9B	2.1B	2.2B
2021	1.6B	1.6B	1.7B	1.8B
2020	1.4B	1.5B	1.5B	1.5B
2019	1.5B	1.4B	1.5B	1.5B
2018	1.4B	1.4B	1.4B	1.4B
2017	1.3B	1.4B	1.4B	1.4B
2016	1.4B	1.4B	1.4B	1.4B
2015	1.4B	1.4B	1.5B	1.4B
2014	1.4B	1.4B	1.4B	1.4B
2013	1.4B	1.4B	1.4B	1.4B
2012	1.6B	1.5B	1.4B	1.3B
2011	1.7B	1.7B	1.7B	1.7B
2010	1.6B	1.6B	1.7B	1.7B
2009	0	1.9B	1.8B	1.6B
2008	0	0	0	2.0B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of PNM Resources Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 07, 2024	apodaca patrick v	sold (taxes)	-35,211	37.74	-933	svp, gen counsel & secy
Mar 07, 2024	eden elisabeth a	sold (taxes)	-22,832	37.74	-605	svp, cfo & treasurer
Mar 07, 2024	bischoff gerald r	acquired	-	-	437	vp and corporate controller
Mar 07, 2024	bischoff gerald r	sold (taxes)	-5,925	37.74	-157	vp and corporate controller
Mar 07, 2024	tarry joseph don	sold (taxes)	-54,345	37.74	-1,440	president and coo
Mar 07, 2024	apodaca patrick v	acquired	-	-	2,060	svp, gen counsel & secy
Mar 07, 2024	collawn patricia k	sold (taxes)	-287,805	37.74	-7,626	chairman and ceo
Mar 07, 2024	collawn patricia k	acquired	-	-	16,849	chairman and ceo
Mar 07, 2024	eden elisabeth a	acquired	-	-	1,334	svp, cfo & treasurer
Mar 07, 2024	tarry joseph don	acquired	-	-	3,178	president and coo

Which funds bought or sold PNM recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 10, 2024	PNC Financial Services Group, Inc.	added	36.88	55,743	289,451	-%
May 10, 2024	Edgestream Partners, L.P.	reduced	-3.99	-353,605	2,339,290	0.12%
May 10, 2024	GROUP ONE TRADING, L.P.	new	-	329,501	329,501	-%
May 10, 2024	ACADIAN ASSET MANAGEMENT LLC	new	-	35,136,000	35,136,000	0.12%
May 10, 2024	CREDIT SUISSE AG/	reduced	-21.92	-2,299,560	5,534,060	-%
May 10, 2024	MACKENZIE FINANCIAL CORP	added	102	190,357	417,992	-%
May 10, 2024	Kepos Capital LP	added	5,644	4,671,000	4,763,000	1.23%
May 10, 2024	Pacer Advisors, Inc.	reduced	-0.87	-55,304	481,378	-%
May 10, 2024	CITIGROUP INC	added	2.57	-815,153	10,512,000	0.01%
May 10, 2024	JPMORGAN CHASE & CO	reduced	-51.39	-17,284,100	13,570,400	-%

Are Funds Buying or Selling PNM?

Are funds buying PNM calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own PNM

No. of Funds

PNM Alerts

Big fall in Revenue (Y/Y)

Unveiling PNM Resources Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	10.87%	9,330,930	SC 13G/A
Jan 23, 2024	blackrock inc.	13.1%	11,257,732	SC 13G/A
Feb 09, 2023	vanguard group inc	10.79%	9,263,532	SC 13G/A
Jan 23, 2023	blackrock inc.	12.8%	11,029,507	SC 13G/A
Jul 05, 2022	gamco investors, inc. et al	2.36%	2,029,796	SC 13D/A
Feb 09, 2022	vanguard group inc	10.18%	8,735,785	SC 13G/A
Jan 28, 2022	blackrock inc.	12.3%	10,543,538	SC 13G/A
May 10, 2021	vanguard group inc	10.02%	8,597,614	SC 13G/A
Feb 10, 2021	vanguard group inc	9.84%	7,840,911	SC 13G/A
Feb 05, 2021	blackrock inc.	11.6%	9,222,573	SC 13G/A

Recent SEC filings of PNM Resources Inc

View All Filings

Date Filed	Form Type	Document
May 13, 2024	4	Insider Trading
May 10, 2024	8-K	Current Report
May 06, 2024	4	Insider Trading
May 06, 2024	424B5	Prospectus Filed
May 06, 2024	8-K	Current Report
May 03, 2024	10-Q	Quarterly Report
May 03, 2024	DEFA14A	DEFA14A
Apr 30, 2024	8-K	Current Report
Apr 22, 2024	ARS	ARS
Apr 22, 2024	DEF 14A	DEF 14A

Peers (Alternatives to PNM Resources Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CPK	2.5T	698.2M	8.39%	-12.53%	25.4K	3.5K	3.29%	8.78%
AEP	48.2B	19.3B	11.47%	-0.15%	17.12	2.5	-2.13%	41.75%
AWK	26.1B	4.3B	14.82%	-10.63%	27.19	6.05	10.78%	15.26%
AEE	19.9B	7.3B	3.82%	-15.07%	17.22	2.74	-10.88%	5.77%
ATO	17.6B	4.1B	2.07%	-2.35%	17.56	4.33	-11.13%	20.48%
NRG	17.2B	28.5B	11.51%	151.42%	10.45	0.6	-9.05%	188.86%
AGR	14.4B	8.3B	4.34%	-9.07%	16.18	1.75	0.05%	30.98%
AES	14.2B	12.5B	18.52%	-8.98%	-2.2K	1.13	-3.77%	98.49%
MID-CAP
PNW	8.7B	4.7B	6.58%	-4.73%	16.22	1.86	4.84%	12.15%
ALE	3.7B	1.7B	8.90%	2.57%	15.29	2.13	-1.93%	32.23%
AVA	3.0B	1.9B	12.53%	-13.08%	15.93	1.59	9.47%	35.66%
SMALL-CAP
CWCO	448.0M	180.2M	14.96%	60.81%	15.07	2.49	91.50%	388.02%
CDZI	167.7M	2.0M	7.76%	-40.48%	-5.33	83.41	33.96%	-26.84%
VIA	35.4M	415.8M	0.46%	-13.52%	1.49	0.09	-11.16%	525.10%
CREG	8.0M	-	-23.48%	-36.08%	-10.77	12.3	-88.45%	83.25%

PNM Resources Inc News

Latest updates

PNM Resources Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	6.0%	437	412	506	477	544	576	730	500	444	434	555	427	365	359	472	358	334	344	434	330	350
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.00	1.00	-
S&GA Expenses	-100.0%	-	60.00	58.00	54.00	55.00	62.00	58.00	51.00	56.00	62.00	57.00	52.00	59.00	68.00	52.00	50.00	46.00	46.00	48.00	43.00	52.00
EBITDA Margin	5.3%	0.34*	0.33*	0.34*	0.34*	0.32*	0.30*	0.31*	0.33*	0.36*	0.37*	0.39*	0.41*	-	-	-	-	-	-	-	-	-
Interest Expenses	0.1%	54.00	54.00	50.00	46.00	41.00	38.00	35.00	29.00	26.00	24.00	23.00	24.00	26.00	26.00	27.00	31.00	30.00	29.00	30.00	30.00	32.00
Income Taxes	56.8%	-12.57	-29.09	-5.27	8.00	10.00	9.00	13.00	1.00	2.00	6.00	17.00	8.00	2.00	6.00	12.00	4.00	-1.88	7.00	9.00	-42.83	1.00
Earnings Before Taxes	150.5%	38.00	-74.83	38.00	58.00	70.00	29.00	140	20.00	22.00	21.00	134	66.00	23.00	18.00	138	66.00	-13.28	43.00	116	-115	23.00
EBT Margin	-31.9%	0.03*	0.05*	0.09*	0.13*	0.11*	0.09*	0.10*	0.10*	0.13*	0.14*	0.14*	0.15*	-	-	-	-	-	-	-	-	-
Net Income	210.1%	50.00	-45.73	43.00	49.00	60.00	20.00	127	19.00	19.00	15.00	118	58.00	21.00	9.00	125	62.00	-11.40	32.00	103	-75.91	19.00
Net Income Margin	-4.0%	0.05*	0.06*	0.08*	0.11*	0.10*	0.08*	0.09*	0.09*	0.11*	0.12*	0.12*	0.13*	-	-	-	-	-	-	-	-	-
Free Cashflow	-33.0%	93.00	139	170	111	132	140	210	101	117	139	234	88.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.0%	10,258	10,253	10,051	9,627	9,353	9,257	9,029	8,911	8,728	8,667	8,256	8,120	7,943	7,940	7,742	7,574	7,375	7,299	7,201	7,049	7,251
Current Assets	-14.2%	408	476	489	405	352	411	410	370	301	325	448	392	328	377	378	327	288	294	341	299	457
Cash Equivalents	437.7%	12.00	2.00	8.00	8.00	4.00	4.00	6.00	3.00	4.00	1.00	49.00	18.00	8.00	48.00	31.00	3.00	16.00	4.00	20.00	4.00	180
Inventory	6.6%	104	98.00	83.00	81.00	64.00	67.00	65.00	75.00	70.00	65.00	67.00	62.00	62.00	66.00	67.00	70.00	74.00	78.00	78.00	74.00	68.00
Goodwill	0%	278	278	278	278	278	278	278	278	278	278	278	278	278	278	278	278	227	278	278	278	278
Liabilities	0.0%	7,841	7,842	7,753	7,302	7,077	7,001	6,762	6,714	6,546	6,432	6,043	5,964	5,844	5,820	5,898	5,807	5,676	5,545	5,454	5,362	5,492
Current Liabilities	-10.0%	1,107	1,231	1,479	1,108	1,195	890	666	894	673	664	475	636	1,511	978	1,252	1,266	1,115	967	946	667	664
Short Term Borrowings	-6.6%	245	262	406	327	409	232	60.00	266	86.00	63.00	14.00	92.00	198	32.00	184	253	301	185	290	342	224
Long Term Debt	2.7%	4,355	4,242	3,903	3,928	3,668	3,893	3,894	3,573	3,620	3,520	3,396	3,186	2,205	2,720	2,510	2,437	2,469	2,517	2,467	2,672	2,772
LT Debt, Current	1.3%	284	280	502	422	410	185	185	260	179	179	104	250	1,011	576	780	779	540	490	385	100	172
LT Debt, Non Current	-100.0%	-	4,242	3,903	3,928	3,668	3,893	3,894	3,573	3,620	3,520	3,396	3,186	2,205	2,720	2,510	2,437	2,469	2,517	2,467	2,672	2,772
Shareholder's Equity	2.4%	2,405	2,349	2,235	2,314	2,265	2,192	2,256	2,186	2,170	2,223	2,201	2,145	2,088	2,108	1,833	1,756	1,688	1,742	1,735	1,675	1,747
Retained Earnings	1.6%	799	787	872	898	852	829	845	782	767	810	799	742	688	699	718	645	588	628	620	564	640
Additional Paid-In Capital	-100.0%	-	846	805	805	805	805	805	737	737	737	737	737	685	685	614	614	614	614	534	534	534
Shares Outstanding	5.1%	90.00	86.00	86.00	86.00	86.00	86.00	86.00	86.00	86.00	86.00	86.00	86.00	-	-	-	-	-	-	-	-	-
Minority Interest	-1.9%	49.00	50.00	51.00	51.00	53.00	53.00	54.00	54.00	54.00	55.00	56.00	57.00	57.00	59.00	59.00	60.00	60.00	63.00	64.00	63.00	63.00
Float	-	-	-	-	3,871	-	-	-	4,101	-	-	-	4,186	-	-	-	3,062	-	-	-	4,055	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-33.0%	92,816	138,567	170,161	110,942	131,501	139,788	209,632	101,254	116,610	139,361	233,949	88,086	86,477	117,743	202,175	71,983	93,799	151,907	179,391	67,181	104,684
Share Based Compensation	249.4%	4,608	1,319	1,528	853	3,490	1,853	1,156	1,764	3,052	2,718	1,016	1,493	4,219	1,581	1,330	1,429	3,801	990	898	1,269	3,257
Cashflow From Investing	33.3%	-184,358	-276,529	-281,614	-278,830	-251,433	-238,922	-232,237	-267,324	-211,864	-448,481	-165,375	-163,947	-174,455	-206,429	-160,143	-214,388	-152,839	-189,605	-172,182	-160,209	-151,902
Cashflow From Financing	-25.8%	99,509	134,137	111,581	171,396	119,986	97,590	24,743	165,165	98,539	260,743	-37,550	86,797	47,571	105,721	-13,962	128,979	71,456	21,437	8,659	-82,834	225,184
Dividend Payments	10.8%	35,085	31,676	31,676	31,676	31,677	29,960	29,960	29,959	29,960	28,243	28,243	28,243	28,243	24,626	24,625	24,626	24,625	23,231	23,232	23,231	23,232
Buy Backs	36166.7%	5,440	15.00	13.00	1,224	8,394	134	221	890	6,735	48.00	129	926	9,027	-	-	486	11,498	21.00	5.00	956	8,936

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PNM Income Statement

2024-03-31

Condensed Consolidated Statements of Earnings - PNMR - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Electric Operating Revenues	$ 436,877	$ 544,077
Operating Expenses:
Administrative and general	55,427	55,110
Regulatory disallowances	4,459	0
Depreciation and amortization	93,187	78,074
Transmission and distribution costs	22,764	22,196
Taxes other than income taxes	25,934	25,562
Total operating expenses	356,287	444,986
Operating income	80,590	99,091
Other Income and Deductions:
Interest income	4,580	4,843
Gains on investment securities	17,998	6,442
Other income	4,911	3,093
Other (deductions)	(16,522)	(2,493)
Net other income and deductions	10,967	11,885
Interest Charges	53,762	40,923
Earnings before Income Taxes	37,795	70,053
Income Taxes	(12,571)	9,780
Net Earnings	50,366	60,273
(Earnings) Attributable to Valencia Non-controlling Interest	(3,044)	(5,127)
Preferred Stock Dividend Requirements	(132)	(132)
Net Earnings Available for PNM Common Stock	$ 47,190	$ 55,014
Net Earnings Attributable to PNMR per Common Share:
Basic (dollars per share)	$ 0.52	$ 0.64
Diluted (dollars per share)	0.52	0.64
Dividends Declared per Common Share (dollars per share)	$ 0.3875	$ 0.3675
Energy
Electric Operating Revenues	$ 436,877	$ 544,077
Operating Expenses:
Energy costs	132,304	241,686
Energy Production
Operating Expenses:
Energy costs	$ 22,212	$ 22,358

PNM Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - PNMR - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current Assets:
Cash and cash equivalents	$ 2,988	$ 2,215
Accounts receivable, net of allowance for credit losses of $3,203 and $3,388	105,002	126,291
Unbilled revenues	55,142	64,072
Other receivables	39,808	76,509
Materials, supplies, and fuel stock	104,491	98,034
Regulatory assets	61,453	73,046
Prepaid assets	16,792	19,759
Income taxes receivable	6,168	6,697
Other current assets	15,999	8,920
Total current assets	407,843	475,543
Other Property and Investments:
Investment securities	448,164	444,408
Equity investment in NMRD	0	119,570
Other investments	193	171
Non-utility property, net	28,023	29,367
Total other property and investments	476,380	593,516
Utility Plant:
Plant in service, held for future use, and to be abandoned	9,807,524	9,701,180
Less accumulated depreciation and amortization	2,812,846	2,755,823
Net plant in service and plant held for future use	6,994,678	6,945,357
Construction work in progress	693,502	589,834
Nuclear fuel, net of accumulated amortization of $39,681 and $35,840	72,190	74,671
Net utility plant	7,760,370	7,609,862
Deferred Charges and Other Assets:
Regulatory assets	930,752	914,381
Goodwill	278,297	278,297
Operating lease right-of-use assets, net of accumulated amortization	179,480	182,201
Other deferred charges	224,531	198,805
Total deferred charges and other assets	1,613,060	1,573,684
Assets	10,257,653	10,252,605
Current Liabilities:
Short-term debt	244,500	261,900
Current installments of long-term debt (includes $5,935 and $2,529 related to ETBC I)	283,776	280,169
Accounts payable	133,470	205,175
Customer deposits	6,256	6,237
Accrued interest and taxes	88,302	98,655
Regulatory liabilities	108,429	140,005
Operating lease liabilities	11,811	12,267
Dividends declared	35,085	35,085
Transmission interconnection arrangement liabilities	124,248	96,870
Other current liabilities	71,251	94,397
Total current liabilities	1,107,128	1,230,760
Long-term Debt, net of Unamortized Premiums, Discounts, and Debt Issuance Costs (includes $335,137 and $338,521 related to ETBC I)	4,355,049	4,241,642
Deferred Credits and Other Liabilities:
Accumulated deferred income taxes	835,835	845,280
Regulatory liabilities	777,752	771,317
Asset retirement obligations	246,908	245,531
Accrued pension liability and postretirement benefit cost	18,700	21,429
Operating lease liabilities	165,842	167,000
Other deferred credits	334,180	319,066
Total deferred credits and liabilities	2,379,217	2,369,623
Total liabilities	7,841,394	7,842,025
Commitments and Contingencies (Note 11)
Cumulative Preferred Stock of Subsidiary without mandatory redemption requirements ($100 stated value; 10,000,000 shares authorized; issued and outstanding 115,293 shares)	11,529	11,529
PNM common stockholder’s equity:
Common stock (no par value; 120,000,000 shares authorized; issued and outstanding 90,200,384 shares)	1,623,991	1,624,823
Accumulated other comprehensive income (loss), net of income taxes	(67,608)	(62,840)
Retained earnings	799,348	787,110
Total PNM common stockholder’s equity	2,355,731	2,349,093
Non-controlling interest in Valencia	48,999	49,958
Total equity	2,404,730	2,399,051
Total liabilities and stockholders' equity	$ 10,257,653	$ 10,252,605

About PNM Resources Inc

PNM Resources, Inc., through its subsidiaries, provides electricity and electric services in the United States. It operates through Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP) segments. The PNM segment engages in the generation, transmission, and distribution of electricity. The segment owns and leases communication, office and other equipment, office space, vehicles, and real estate. It generates electricity using coal, natural gas and oil, nuclear fuel, solar, wind, and geothermal energy sources. The TNMP segment provides regulated transmission and distribution services. The segment also owns and leases vehicles, service facilities, and office locations throughout its service territory. The company serves residential, commercial, and industrial customers and end-users of electricity in New Mexico and Texas. PNM Resources, Inc. was founded in 1882 and is headquartered in Albuquerque, New Mexico.

CEO	Ms. Patricia K. Vincent-Collawn
WEBSITE	pnmresources.com
INDUSTRY	Utilities Regulated Electric
EMPLOYEES	1537

PNM Resources Inc Frequently Asked Questions

What is the ticker symbol for PNM Resources Inc? What does PNM stand for in stocks?

PNM is the stock ticker symbol of PNM Resources Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of PNM Resources Inc (PNM)?

As of Mon May 13 2024, market cap of PNM Resources Inc is 3.42 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PNM stock?

You can check PNM's fair value in chart for subscribers.

What is the fair value of PNM stock?

You can check PNM's fair value in chart for subscribers. The fair value of PNM Resources Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of PNM Resources Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PNM so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is PNM Resources Inc a good stock to buy?

The fair value guage provides a quick view whether PNM is over valued or under valued. Whether PNM Resources Inc is cheap or expensive depends on the assumptions which impact PNM Resources Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PNM.

What is PNM Resources Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon May 13 2024, PNM's PE ratio (Price to Earnings) is 35.3 and Price to Sales (PS) ratio is 1.87. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PNM PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on PNM Resources Inc's stock?

In the past 10 years, PNM Resources Inc has provided 0.054 (multiply by 100 for percentage) rate of return.