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Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 3/10

vs
industry
vs
history
Equity to Asset 0.26
NYSE:PNM's Equity to Asset is ranked lower than
72% of the 641 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 0.36 vs. NYSE:PNM: 0.26 )
Ranked among companies with meaningful Equity to Asset only.
NYSE:PNM' s Equity to Asset Range Over the Past 10 Years
Min: 0.23  Med: 0.31 Max: 0.37
Current: 0.26
0.23
0.37
Interest Coverage 0.76
NYSE:PNM's Interest Coverage is ranked lower than
94% of the 602 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 4.99 vs. NYSE:PNM: 0.76 )
Ranked among companies with meaningful Interest Coverage only.
NYSE:PNM' s Interest Coverage Range Over the Past 10 Years
Min: 0.76  Med: 1.91 Max: 2.51
Current: 0.76
0.76
2.51
F-Score: 4
Z-Score: 0.68
M-Score: -3.07
WACC vs ROIC
3.55%
1.56%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 5/10

vs
industry
vs
history
Operating margin (%) 6.99
NYSE:PNM's Operating margin (%) is ranked lower than
66% of the 647 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 12.81 vs. NYSE:PNM: 6.99 )
Ranked among companies with meaningful Operating margin (%) only.
NYSE:PNM' s Operating margin (%) Range Over the Past 10 Years
Min: -11.73  Med: 13.52 Max: 20.87
Current: 6.99
-11.73
20.87
Net-margin (%) 0.08
NYSE:PNM's Net-margin (%) is ranked lower than
81% of the 647 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 7.25 vs. NYSE:PNM: 0.08 )
Ranked among companies with meaningful Net-margin (%) only.
NYSE:PNM' s Net-margin (%) Range Over the Past 10 Years
Min: -13.78  Med: 6.72 Max: 10.4
Current: 0.08
-13.78
10.4
ROE (%) 0.04
NYSE:PNM's ROE (%) is ranked lower than
82% of the 644 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 8.27 vs. NYSE:PNM: 0.04 )
Ranked among companies with meaningful ROE (%) only.
NYSE:PNM' s ROE (%) Range Over the Past 10 Years
Min: -16.21  Med: 6.37 Max: 10.91
Current: 0.04
-16.21
10.91
ROA (%) 0.02
NYSE:PNM's ROA (%) is ranked lower than
80% of the 659 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 2.86 vs. NYSE:PNM: 0.02 )
Ranked among companies with meaningful ROA (%) only.
NYSE:PNM' s ROA (%) Range Over the Past 10 Years
Min: -4.49  Med: 1.94 Max: 3.39
Current: 0.02
-4.49
3.39
ROC (Joel Greenblatt) (%) 3.01
NYSE:PNM's ROC (Joel Greenblatt) (%) is ranked lower than
82% of the 653 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 9.65 vs. NYSE:PNM: 3.01 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
NYSE:PNM' s ROC (Joel Greenblatt) (%) Range Over the Past 10 Years
Min: -8.22  Med: 6.93 Max: 11.7
Current: 3.01
-8.22
11.7
Revenue Growth (3Y)(%) 2.50
NYSE:PNM's Revenue Growth (3Y)(%) is ranked higher than
56% of the 579 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 1.40 vs. NYSE:PNM: 2.50 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
NYSE:PNM' s Revenue Growth (3Y)(%) Range Over the Past 10 Years
Min: -13.5  Med: -1.9 Max: 29.7
Current: 2.5
-13.5
29.7
EBITDA Growth (3Y)(%) -8.50
NYSE:PNM's EBITDA Growth (3Y)(%) is ranked lower than
81% of the 537 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 4.30 vs. NYSE:PNM: -8.50 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
NYSE:PNM' s EBITDA Growth (3Y)(%) Range Over the Past 10 Years
Min: -14.9  Med: 1.1 Max: 32.3
Current: -8.5
-14.9
32.3
EPS Growth (3Y)(%) -46.60
NYSE:PNM's EPS Growth (3Y)(%) is ranked lower than
95% of the 472 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 3.40 vs. NYSE:PNM: -46.60 )
Ranked among companies with meaningful EPS Growth (3Y)(%) only.
NYSE:PNM' s EPS Growth (3Y)(%) Range Over the Past 10 Years
Min: -46.6  Med: -9.6 Max: 31.2
Current: -46.6
-46.6
31.2
» NYSE:PNM's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow
Oprt. Cash Flow & Net Income

» Details

Guru Trades

Q4 2015

PNM Guru Trades in Q4 2015

Jim Simons 536,100 sh (+10.95%)
Mario Gabelli 2,692,150 sh (-0.07%)
» More
Q1 2016

PNM Guru Trades in Q1 2016

RS Investment Management 703,120 sh (New)
Joel Greenblatt 183,089 sh (New)
Paul Tudor Jones 6,000 sh (New)
NWQ Managers 849,260 sh (New)
Jim Simons 848,800 sh (+58.33%)
Mario Gabelli 2,608,300 sh (-3.11%)
» More
Q2 2016

PNM Guru Trades in Q2 2016

Steven Cohen 81,600 sh (New)
Paul Tudor Jones Sold Out
Joel Greenblatt Sold Out
NWQ Managers 848,555 sh (-0.08%)
RS Investment Management 696,060 sh (-1.00%)
Mario Gabelli 2,570,400 sh (-1.45%)
Jim Simons 782,000 sh (-7.87%)
» More
Q3 2016

PNM Guru Trades in Q3 2016

NWQ Managers 1,058,144 sh (+24.70%)
Jim Simons 958,200 sh (+22.53%)
Steven Cohen Sold Out
Mario Gabelli 2,549,250 sh (-0.82%)
» More
» Details

Insider Trades

Latest Guru Trades with PNM

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Business Description

Industry: Utilities - Regulated » Utilities - Regulated Electric
Compare:OTCPK:CPWIF, OTCPK:SFDPF, NYSE:NYLD.A, NYSE:ALE, OTCPK:GCPEF, NYSE:HE, NAS:ABY, NYSE:EE, NYSE:EOCA, NYSE:EDE, NYSE:POR, OTCPK:EPWDF, OTCPK:DEIPY, NYSE:IDA, NYSE:EDN, NYSE:ENIC, NYSE:KEN, NAS:SPKE, OTCPK:CUPUF, OTCPK:CRIUF » details
Traded in other countries:98P.Germany,
PNM Resources Inc is an investor-owned holding company with two regulated utilities providing electricity and electric services in New Mexico and Texas. Its electric utilities are PNM and TNMP.

PNM Resources Inc was incorporated in the State of New Mexico in 2000. The Company is an investor-owned holding company of utilities providing electricity and electric services in New Mexico and Texas. The Company's main utilities include PNM and TNMP. PNM is an electric utility company that provides electric generation, transmission, and distribution service to its rate-regulated customers. In New Mexico, PNM's retail electric service territory covers an area of north central New Mexico, including the cities of Albuquerque, Rio Rancho, and Santa Fe, and certain areas of southern New Mexico. PNM also provides electricity to firm-requirements wholesale customers in New Mexico and Arizona. Other services provided by PNM include transmission services to third parties as well as the generation and sale of electricity into the wholesale market. PNM owns or leases transmission lines, interconnected with other utilities in New Mexico, Texas, Arizona, Colorado, and Utah. TNMP is a regulated utility operating in Texas. TNMP provides transmission and distribution services in Texas under the provisions of TECA and the Texas Public Utility Regulatory Act. TNMP serves a market of small to medium sized communities, which have populations of less than 50,000. TNMP's service territory consists of three non-contiguous areas. TNMP 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 Company' faces competition from other utilities in its region as well as rural electric cooperatives and municipal utilities. The Company is subject to numerous federal, state, and local environmental laws and regulations.

Guru Investment Theses on PNM Resources Inc

Mario Gabelli Comments on PNM Resources Inc. - Jun 09, 2016

PNM Resources Inc. (2.6%) (NYSE:PNM) (PNM – $33.72 – NYSE) is a public utility holding company headquartered in Albuquerque, New Mexico. Regulated electric utility subsidiaries include Public Service Company of New Mexico (PSNM) and Texas-New Mexico Power Company (TNMP). PNM expects rate base growth of 5%-7% per annum at both PSNM and TNMP. PNM’s 2016-2019 capital plan totals $1.7 billion, including $547 million in 2016, $425 million in 2017, $398 million in 2018 (excludes $165 million for PV 3) and $352 million in 2019. In late 2015, PNM received final approval of its major environmental plan and ownership changes for the San Juan coal units. Additionally, PSNM refiled an important New Mexico rate case on August 27, 2015. It requested a $123.5 million annual revenue increase, based on a 10.5% allowed ROE using a rate base of $2.5 billion, for the test year October 2015-September 2016. PSNM expects a NMPRC rate order in the third quarter of 2016. In December 2015, the NMPRC agreed to clarify future test year standards begin 13 months after a rate case is filed. We expect BART and other investment to be recognized in the 2018 future test year rate order. We expect the use of a forward-looking test year to provide PSNM greater opportunity to earn its allowed ROE. Assuming fair regulatory treatment, PNM targets 7%-9% annual earnings growth, which includes 2016 earnings guidance of $1.55-$1.76 per share, and 2017 earnings power of $1.94-$2.01 per share.

From Mario Gabelli (Trades, Portfolio)'s Gabelli Utilities Fund first quarter 2016 commentary.

Check out Mario Gabelli latest stock trades

Mario Gabelli Comments on PNM Resources Inc. - Nov 11, 2015

PNM Resources Inc. (NYSE:PNM)(2.2%) (PNM – $28.05 – NYSE) is a public utility holding company headquartered in Albuquerque, New Mexico. Regulated electric utility subsidiaries include Public Service Company of New Mexico (PSNM) and Texas-New Mexico Power Company (TNMP). PNM expects rate base growth of 5%-7% per annum at both PSNM and TNMP. PNM’s 2015-2019 capital plan totals $2.2 billion, including $577 million in 2015, $527 million in 2016, $448 million in 2017, $302 million (excluding $165 million for Palo Verde Unit 3) in 2018, and $382 million in 2019. PNM reached a settlement agreement regarding the final environmental retrofit plan and ownership changes for the San Juan coal units, and is awaiting final approval of that plan from the NMPRC. Additionally, PSNM refiled an important New Mexico rate case on August 27, 2015. It requested a $123.5 million annual revenue increase, based on a 10.5% allowed ROE using a rate base of $2.5 billion, for the test year October 2015-September 2016. Roughly $95 million of higher rates are necessary to recognize roughly $655 million of rate base additions. $31 million of the revenue deficiency is due to forecast load decline, including an 11% decrease in large customers, an 8% decrease in average commercial use, and a 5% decrease in average use among residential customers. In addition, the filing requests structural rate design changes, including higher fixed and demand charges, lower customer subsidies, and a decoupling pilot program. PSNM expects a NMPRC rate order in the third quarter of 2016. TNMP benefits from annual distribution and transmission rate adjustments, as well as well above average sales growth, but may file a general rate request in the near future. Assuming fair regulatory treatment, PNM targets 7%-9% annual earnings growth, which includes a 2016 earnings power of $1.90-$1.97 per share.

From Mario Gabelli (Trades, Portfolio)'s Gabelli Industrials Fund shareholder commentary for third quarter 2015.

Check out Mario Gabelli latest stock trades

Top Ranked Articles about PNM Resources Inc

Mario Gabelli Comments on PNM Resources Inc. Guru stock highlight
PNM Resources Inc. (2.6%) (NYSE:PNM) (PNM – $33.72 – NYSE) is a public utility holding company headquartered in Albuquerque, New Mexico. Regulated electric utility subsidiaries include Public Service Company of New Mexico (PSNM) and Texas-New Mexico Power Company (TNMP). PNM expects rate base growth of 5%-7% per annum at both PSNM and TNMP. PNM’s 2016-2019 capital plan totals $1.7 billion, including $547 million in 2016, $425 million in 2017, $398 million in 2018 (excludes $165 million for PV 3) and $352 million in 2019. In late 2015, PNM received final approval of its major environmental plan and ownership changes for the San Juan coal units. Additionally, PSNM refiled an important New Mexico rate case on August 27, 2015. It requested a $123.5 million annual revenue increase, based on a 10.5% allowed ROE using a rate base of $2.5 billion, for the test year October 2015-September 2016. PSNM expects a NMPRC rate order in the third quarter of 2016. In December 2015, the NMPRC agreed to clarify future test year standards begin 13 months after a rate case is filed. We expect BART and other investment to be recognized in Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 3180.23
PNM's P/E(ttm) is ranked lower than
100% of the 533 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 16.96 vs. PNM: 3180.23 )
Ranked among companies with meaningful P/E(ttm) only.
PNM' s P/E(ttm) Range Over the Past 10 Years
Min: 8.21  Med: 19.46 Max: 3451
Current: 3180.23
8.21
3451
Forward P/E 17.30
PNM's Forward P/E is ranked lower than
55% of the 125 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 16.47 vs. PNM: 17.30 )
Ranked among companies with meaningful Forward P/E only.
N/A
PE(NRI) 3180.23
PNM's PE(NRI) is ranked lower than
100% of the 535 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 16.96 vs. PNM: 3180.23 )
Ranked among companies with meaningful PE(NRI) only.
PNM' s PE(NRI) Range Over the Past 10 Years
Min: 8.21  Med: 20.47 Max: 3451
Current: 3180.23
8.21
3451
P/B 1.50
PNM's P/B is ranked higher than
52% of the 639 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 1.55 vs. PNM: 1.50 )
Ranked among companies with meaningful P/B only.
PNM' s P/B Range Over the Past 10 Years
Min: 0.32  Med: 1.07 Max: 1.69
Current: 1.5
0.32
1.69
P/S 1.88
PNM's P/S is ranked lower than
56% of the 629 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 1.53 vs. PNM: 1.88 )
Ranked among companies with meaningful P/S only.
PNM' s P/S Range Over the Past 10 Years
Min: 0.27  Med: 1.04 Max: 2.05
Current: 1.88
0.27
2.05
POCF 6.86
PNM's POCF is ranked higher than
50% of the 404 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 6.79 vs. PNM: 6.86 )
Ranked among companies with meaningful POCF only.
PNM' s POCF Range Over the Past 10 Years
Min: 3.56  Med: 6.34 Max: 24.26
Current: 6.86
3.56
24.26
EV-to-EBIT 36.27
PNM's EV-to-EBIT is ranked lower than
89% of the 566 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 15.11 vs. PNM: 36.27 )
Ranked among companies with meaningful EV-to-EBIT only.
PNM' s EV-to-EBIT Range Over the Past 10 Years
Min: -22.2  Med: 13.8 Max: 74.1
Current: 36.27
-22.2
74.1
EV-to-EBITDA 13.84
PNM's EV-to-EBITDA is ranked lower than
71% of the 590 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 10.49 vs. PNM: 13.84 )
Ranked among companies with meaningful EV-to-EBITDA only.
PNM' s EV-to-EBITDA Range Over the Past 10 Years
Min: -35.5  Med: 8.5 Max: 89.4
Current: 13.84
-35.5
89.4
PEG 398.10
PNM's PEG is ranked lower than
100% of the 272 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 2.72 vs. PNM: 398.10 )
Ranked among companies with meaningful PEG only.
PNM' s PEG Range Over the Past 10 Years
Min: 0.52  Med: 3.66 Max: 398.1
Current: 398.1
0.52
398.1
Shiller P/E 47.97
PNM's Shiller P/E is ranked lower than
86% of the 204 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 23.10 vs. PNM: 47.97 )
Ranked among companies with meaningful Shiller P/E only.
PNM' s Shiller P/E Range Over the Past 10 Years
Min: 4.96  Med: 21.65 Max: 52.66
Current: 47.97
4.96
52.66
Current Ratio 0.57
PNM's Current Ratio is ranked lower than
85% of the 650 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 1.06 vs. PNM: 0.57 )
Ranked among companies with meaningful Current Ratio only.
PNM' s Current Ratio Range Over the Past 10 Years
Min: 0.38  Med: 0.95 Max: 2.27
Current: 0.57
0.38
2.27
Quick Ratio 0.47
PNM's Quick Ratio is ranked lower than
87% of the 650 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 0.98 vs. PNM: 0.47 )
Ranked among companies with meaningful Quick Ratio only.
PNM' s Quick Ratio Range Over the Past 10 Years
Min: 0.36  Med: 0.81 Max: 2.13
Current: 0.47
0.36
2.13
Days Inventory 48.53
PNM's Days Inventory is ranked lower than
74% of the 567 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 21.77 vs. PNM: 48.53 )
Ranked among companies with meaningful Days Inventory only.
PNM' s Days Inventory Range Over the Past 10 Years
Min: 11.09  Med: 20.12 Max: 48.53
Current: 48.53
11.09
48.53
Days Sales Outstanding 24.66
PNM's Days Sales Outstanding is ranked higher than
85% of the 447 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 47.52 vs. PNM: 24.66 )
Ranked among companies with meaningful Days Sales Outstanding only.
PNM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 18.84  Med: 23.44 Max: 25.62
Current: 24.66
18.84
25.62
Days Payable 53.81
PNM's Days Payable is ranked lower than
60% of the 410 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 68.67 vs. PNM: 53.81 )
Ranked among companies with meaningful Days Payable only.
PNM' s Days Payable Range Over the Past 10 Years
Min: 36.49  Med: 48.86 Max: 62.68
Current: 53.81
36.49
62.68

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 2.78
PNM's Dividend Yield is ranked lower than
69% of the 1024 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 3.70 vs. PNM: 2.78 )
Ranked among companies with meaningful Dividend Yield only.
PNM' s Dividend Yield Range Over the Past 10 Years
Min: 2.38  Med: 2.92 Max: 9.86
Current: 2.78
2.38
9.86
Dividend Payout 86.00
PNM's Dividend Payout is ranked lower than
100% of the 548 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 9999.00 vs. PNM: 86.00 )
Ranked among companies with meaningful Dividend Payout only.
PNM' s Dividend Payout Range Over the Past 10 Years
Min: 0.1  Med: 0.5 Max: 86
Current: 86
0.1
86
Dividend Growth (3y) 12.60
PNM's Dividend Growth (3y) is ranked higher than
76% of the 358 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 3.10 vs. PNM: 12.60 )
Ranked among companies with meaningful Dividend Growth (3y) only.
PNM' s Dividend Growth (3y) Range Over the Past 10 Years
Min: -18.1  Med: 5.9 Max: 30.5
Current: 12.6
-18.1
30.5
Forward Dividend Yield 2.78
PNM's Forward Dividend Yield is ranked lower than
71% of the 1031 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 3.72 vs. PNM: 2.78 )
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield on cost (5-Year) 4.68
PNM's Yield on cost (5-Year) is ranked higher than
52% of the 1030 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 4.68 vs. PNM: 4.68 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
PNM' s Yield on cost (5-Year) Range Over the Past 10 Years
Min: 4.01  Med: 4.92 Max: 16.61
Current: 4.68
4.01
16.61

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 1.79
PNM's Price/Tangible Book is ranked higher than
53% of the 585 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 1.86 vs. PNM: 1.79 )
Ranked among companies with meaningful Price/Tangible Book only.
PNM' s Price/Tangible Book Range Over the Past 10 Years
Min: 0.54  Med: 1.14 Max: 2.66
Current: 1.79
0.54
2.66
Price/Projected FCF 4.00
PNM's Price/Projected FCF is ranked lower than
81% of the 283 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 1.32 vs. PNM: 4.00 )
Ranked among companies with meaningful Price/Projected FCF only.
PNM' s Price/Projected FCF Range Over the Past 10 Years
Min: 0.34  Med: 1.46 Max: 260.43
Current: 4
0.34
260.43
Price/Median PS Value 1.79
PNM's Price/Median PS Value is ranked lower than
83% of the 530 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 1.10 vs. PNM: 1.79 )
Ranked among companies with meaningful Price/Median PS Value only.
PNM' s Price/Median PS Value Range Over the Past 10 Years
Min: 0.35  Med: 0.79 Max: 2
Current: 1.79
0.35
2
Price/Graham Number 15.80
PNM's Price/Graham Number is ranked lower than
100% of the 456 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 1.27 vs. PNM: 15.80 )
Ranked among companies with meaningful Price/Graham Number only.
PNM' s Price/Graham Number Range Over the Past 10 Years
Min: 0.49  Med: 0.94 Max: 16.36
Current: 15.8
0.49
16.36
Earnings Yield (Greenblatt) (%) 2.78
PNM's Earnings Yield (Greenblatt) (%) is ranked lower than
77% of the 644 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 6.10 vs. PNM: 2.78 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
PNM' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: 1.3  Med: 7.2 Max: 13.9
Current: 2.78
1.3
13.9
Forward Rate of Return (Yacktman) (%) -5.13
PNM's Forward Rate of Return (Yacktman) (%) is ranked lower than
75% of the 396 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 2.45 vs. PNM: -5.13 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
PNM' s Forward Rate of Return (Yacktman) (%) Range Over the Past 10 Years
Min: -30.4  Med: -4.95 Max: 34.1
Current: -5.13
-30.4
34.1

More Statistics

Revenue (TTM) (Mil) $1,363
EPS (TTM) $ 0.01
Beta0.17
Short Percentage of Float6.02%
52-Week Range $27.90 - 36.15
Shares Outstanding (Mil)79.65

Analyst Estimate

Dec16 Dec17 Dec18 Dec19
Revenue (Mil $) 1,475 1,531 1,589
EPS ($) 1.58 1.83 2.01 2.12
EPS w/o NRI ($) 1.58 1.83 2.01 2.12
EPS Growth Rate
(3Y to 5Y Estimate)
5.70%
Dividends Per Share ($) 0.88 0.97 1.07 1.12
» More Articles for PNM

Headlines

Articles On GuruFocus.com
Mario Gabelli Comments on PNM Resources Inc. Jun 09 2016 
Mario Gabelli Comments on PNM Resources Inc. Nov 11 2015 
Addendum to: Investing in Western Utility Stocks - Do Today’s Valuations Make Sense? Part 2 Jul 31 2012 
Investing in Western Utility Stocks - Do Today’s Valuations Make Sense? Part 2 Jul 31 2012 
The Best Dividends on March 30, 2012 Mar 29 2012 
Weekly Guru Bargains Highlights: CIT Group Inc., AutoNation Inc., Allied Capital Corp., Liz Claiborn Jul 07 2008 

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PNM RESOURCES INC Files SEC form 8-K, Change in Directors or Principal Officers Nov 03 2016
PNM Resources, Inc. breached its 50 day moving average in a Bullish Manner : PNM-US : November 1,... Nov 01 2016
Edited Transcript of PNM earnings conference call or presentation 28-Oct-16 3:00pm GMT Oct 28 2016
PNM RESOURCES INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial... Oct 28 2016
Q3 2016 PNM Resources Inc Earnings Release - 06:30 am ET Oct 28 2016
PNM Resources beats 3Q profit forecasts Oct 28 2016
PNM Resources beats 3Q profit forecasts Oct 28 2016
PNM Resources Reports Third Quarter Results Oct 28 2016
Utility Stock Earnings to Watch on Oct 28: CPN, POR & PNM Oct 27 2016
PNM Resources, Inc. : PNM-US: Dividend Analysis : August 08th, 2016 (record date) : By the numbers :... Oct 14 2016
PNM Resources to Announce 2016 Third Quarter Earnings on October 28 Oct 14 2016
PNM Resources Management to Meet with Investors Oct 06 2016

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