FY2026 EPS Estimates for TXNM Energy Boosted by Scotiabank

TXNM Energy, Inc. (NYSE:TXNM) – Research analysts at Scotiabank lifted their FY2026 earnings per share (EPS) estimates for TXNM Energy in a note issued to investors on Wednesday, March 19th. Scotiabank analyst A. Weisel now expects that the company will post earnings per share of $3.10 for the year, up from their prior forecast of $3.04. Scotiabank currently has a “Sector Perform” rating and a $55.00 target price on the stock. The consensus estimate for TXNM Energy’s current full-year earnings is $2.73 per share.

TXNM Energy (NYSE:TXNM) last announced its quarterly earnings data on Friday, February 21st. The company reported $0.30 EPS for the quarter, meeting analysts’ consensus estimates of $0.30. The firm had revenue of $476.96 million during the quarter, compared to analysts’ expectations of $496.05 million. TXNM Energy had a return on equity of 9.69% and a net margin of 9.26%.

Several other brokerages have also recently issued reports on TXNM. Mizuho raised TXNM Energy from a “neutral” rating to an “outperform” rating and set a $53.00 target price on the stock in a research report on Tuesday, March 11th. Wells Fargo & Company boosted their target price on TXNM Energy from $49.00 to $53.00 and gave the company an “overweight” rating in a research note on Tuesday, November 26th. Barclays lifted their price target on TXNM Energy from $56.00 to $57.00 and gave the company an “overweight” rating in a research report on Tuesday, March 18th. Citigroup lifted their price target on TXNM Energy from $45.00 to $53.00 and gave the company a “neutral” rating in a research report on Thursday, December 12th. Finally, Evercore ISI upgraded TXNM Energy from an “in-line” rating to an “outperform” rating and boosted their target price for the stock from $51.00 to $54.00 in a research report on Tuesday, February 11th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $53.57.

TXNM Energy Stock Down 0.0 %

Shares of NYSE:TXNM opened at $54.06 on Monday. The stock has a market cap of $5.01 billion, a price-to-earnings ratio of 28.16, a PEG ratio of 6.12 and a beta of 0.32. The company has a quick ratio of 0.27, a current ratio of 0.36 and a debt-to-equity ratio of 1.80. TXNM Energy has a 12-month low of $39.60 and a 12-month high of $55.50. The business’s 50 day moving average is $50.02 and its 200 day moving average is $47.19.

TXNM Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 16th. Stockholders of record on Friday, April 25th will be paid a $0.4075 dividend. This represents a $1.63 dividend on an annualized basis and a dividend yield of 3.02%. The ex-dividend date of this dividend is Friday, April 25th. TXNM Energy’s dividend payout ratio (DPR) is presently 61.05%.

Institutional Investors Weigh In On TXNM Energy

Hedge funds and other institutional investors have recently modified their holdings of the stock. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in TXNM Energy during the 4th quarter valued at approximately $8,369,000. Wellington Management Group LLP bought a new position in TXNM Energy during the 4th quarter valued at approximately $64,046,000. California Public Employees Retirement System bought a new position in TXNM Energy during the 4th quarter valued at approximately $19,644,000. Franklin Resources Inc. bought a new position in TXNM Energy during the 4th quarter valued at approximately $79,524,000. Finally, Nomura Asset Management Co. Ltd. bought a new position in TXNM Energy during the 4th quarter valued at approximately $48,000. Institutional investors own 91.68% of the company’s stock.

TXNM Energy Company Profile

TXNM Energy, 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.