PNM Resources Inc
General ticker "PNM" information:
- Sector: Utilities
- Industry: Electric Utilities
- Capitalization: $3.7B
PNM Resources Inc does not follow the US Stock Market performance with the rate: -23.1%.
Estimated limits based on current volatility of 0.6%: low 40.71$, high 41.19$
Factors to consider:
- Earnings for 6 months up through Q2 are close to our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [41.70$, 51.79$]
- 2024-12-30 to 2025-12-30 estimated range: [41.58$, 52.91$]
Financial Metrics affecting the PNM estimates:
- Positive: Non-GAAP EPS of 2.82 > 2.31
- Positive: 0.08 < Operating Income to Revenue ratio of 0.14
- Positive: 0 < Net Income to Assets ratio of 0.01
- Positive: Industry Operating Cash Flow per share (median) of 5.42 > 2.09
Short-term PNM quotes
Long-term PNM plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $1,779.87MM | $2,249.55MM | $1,939.20MM |
| Operating Expenses | $1,471.72MM | $1,855.80MM | $1,635.93MM |
| Operating Income | $308.15MM | $393.76MM | $303.26MM |
| Non-Operating Income | $-63.72MM | $-182.45MM | $-212.73MM |
| Interest Expense | $96.88MM | $127.91MM | $190.35MM |
| Income(Loss) | $244.43MM | $211.31MM | $90.53MM |
| Taxes | $32.58MM | $26.13MM | $-16.35MM |
| Profit(Loss) | $211.85MM | $185.18MM | $106.88MM |
| Stockholders Equity | $2,167.52MM | $2,191.93MM | $2,349.09MM |
| Assets | $8,666.89MM | $9,257.38MM | $10,252.60MM |
| Operating Cash Flow | $547.87MM | $567.28MM | $551.17MM |
| Investing Cash Flow | $-952.26MM | $-950.35MM | $-1,088.41MM |
| Financing Cash Flow | $357.56MM | $386.04MM | $537.10MM |
| Earnings Per Share* | $2.28 | $1.97 | $1.02 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.