TXNM Power (NYSE:TXNM – Free Report) had its worth goal boosted by Barclays from $45.00 to $46.00 in a analysis report launched on Tuesday morning, Benzinga reviews. Barclays at the moment has an obese ranking on the inventory.
Different equities analysis analysts have additionally not too long ago issued analysis reviews in regards to the firm. Scotiabank initiated protection on TXNM Power in a report on Thursday, October tenth. They set a “sector carry out” ranking and a $46.00 worth goal for the corporate. Jefferies Monetary Group started protection on TXNM Power in a report on Wednesday, October 2nd. They issued a “purchase” ranking and a $50.00 worth goal on the inventory.
View Our Newest Analysis Report on TXNM Power
TXNM Power Buying and selling Down 0.8 %
TXNM opened at $43.51 on Tuesday. The agency has a fifty day easy shifting common of $42.12. TXNM Power has a 1-year low of $34.63 and a 1-year excessive of $44.87. The corporate has a market cap of $3.92 billion, a PE ratio of 47.81, a PEG ratio of 6.26 and a beta of 0.36. The corporate has a present ratio of 0.47, a fast ratio of 0.37 and a debt-to-equity ratio of 1.88.
TXNM Power (NYSE:TXNM – Get Free Report) final issued its quarterly earnings information on Wednesday, July thirty first. The corporate reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.05. The corporate had income of $488.10 million for the quarter, in comparison with analyst estimates of $506.98 million. TXNM Power had a internet margin of 4.50% and a return on fairness of 10.15%. Equities analysts forecast that TXNM Power will publish 2.71 earnings per share for the present yr.
TXNM Power Declares Dividend
The corporate additionally not too long ago declared a quarterly dividend, which can be paid on Friday, November eighth. Stockholders of report on Monday, October twenty eighth can be paid a dividend of $0.3875 per share. This represents a $1.55 dividend on an annualized foundation and a dividend yield of three.56%. The ex-dividend date is Monday, October twenty eighth. TXNM Power’s payout ratio is 170.33%.
About TXNM Power
TXNM Power, Inc, by means of its subsidiaries, offers electrical energy and electrical providers in america. It operates by means of Public Service Firm of New Mexico (PNM) and Texas-New Mexico Energy Firm (TNMP) segments. The PNM section engages within the technology, transmission, and distribution of electrical energy.
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