TXNM Energy, Inc. is an energy holding company. The Company delivers energy to more than 800,000 homes and businesses across Texas and New Mexico through its regulated utilities, Texas-New Mexico Power Company (TNMP) and Public Service Company of New Mexico (PNM). Its segments include PNM, TNMP, and Corporate and other. The PNM segment provides integrated electricity services that include the generation, transmission, and distribution of electricity for retail electric customers in New Mexico. The segment also includes the generation and sale of electricity into the wholesale market. The TNMP segment provides transmission and distribution services at regulated rates to various REPs that, in turn, provide retail electric service to consumers within TNMP’s service area. The segment also provides transmission services at regulated rates to other utilities that interconnect with TNMP’s facilities. The Corporate and Other segment includes TXNM holding company activities.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 1.97B.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 58.48%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 58.48%.
Overvalued
The company’s latest PE is 32.58, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 110.26M shares, decreasing 9.17% quarter-over-quarter.
Held by HACAX
Star Investor HACAX holds 413.00 shares of this stock.