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TXNM

TXNM Energy, Inc.

TXNM

NYSE·Utilities·Regulated Electric·Mkt cap $6.3B

$56.94

+0.39%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$55.64 - $59.53

P/E

41.26

Fwd P/E

19.28

Beta

0.17

Div Yield

2.93%

Avg Vol

1.6M

Shares Out

108.9M

Mkt Cap

$6.3B

Price action

Price chart

Up 0.8% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

5 reasons

  • Regulated utility model with stable, predictable cash flows and rate recovery mechanisms
  • Diversified generation portfolio reducing fuel price and supply chain risks
  • Established infrastructure and customer base across high-growth Southwest markets
  • Long operational history (founded 1882) demonstrating reliability and expertise
  • Strategic renewable energy investments aligned with regional clean energy mandates

Bear Case

1 risk

  • Low volatility (beta 0.2).

Growth

Stable outlook

Increasing electricity demand from population growth and economic development in Southwest markets

Value

Fairly valued vs Electric Utilities peers

Momentum

Stable

-3.6% over 3m

Quality

Stable

Solid business

Dividend

Solid

2.93% yield

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Apr 30, 2026

Q2 26 RECAP

MAY 1, 2026

Reported EPS of $0.21 vs $0.30 consensus (-30.6% surprise). Revenue of $505.0M vs $506.2M expected (-0.3%).

EPS miss
Revenue miss

EPS surprise · last 4Q

0 of 1 beats

Q2 26

-30.6%

Next: Apr 30, 2026

Revenue trend · last 8Q

+16%

+11%

+3%

+14%

+12%

+5%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$488.1M

$569.3M

$477.0M

$482.8M

$502.4M

$647.2M

$533.2M

$505.0M

Margins · last 8Q

Gross

34.8%

Operating

15.3%

Profit

0.8%

Wall Street consensus

Analyst coverage

Live ratings and price targets aggregated across covering analysts.

No analyst coverage on file for this stock yet.

vs Industry

How TXNM stacks vs Regulated Electric

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.