TXNMUtilities · Utilities - Regulated ElectricThe 5 Wall Street analysts covering TXNM Energy, Inc. hold a median 12-month price target of $61 — +5.4% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 39 of 100 as at 8 Sept 2026 — in the lower half. The Street sees upside; the factor read is a caution. That gap is the story on this page.
Consensus tells you what everyone already believes. The model scores TXNM Energy, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Volatility (75): The share price has been relatively steady.
Issuance (27): The company has been issuing shares or taking on financing, diluting existing holders.
Size (20): Larger than most of the companies we track — more scrutinised, less often mispriced.
Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.
The bullish and bearish analyst opinions on TXNM, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Data provided by Twelve Data
The green dot is the last close — the median target sits +5.4% from it.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 27 Oct 2025 | Jefferies | Downgrade | Hold | $58 → $61 |
| 9 Oct 2025 | Citigroup | Reinstates | Neutral | $61 |
| 21 May 2025 | Barclays | Maintains | Overweight | — |
| 20 May 2025 | Scotiabank | Maintains | Sector Perform | — |
| 18 Mar 2025 | Barclays | Maintains | Overweight | — |
| 11 Mar 2025 | Mizuho | Upgrade | Outperform | — |
| 4 Mar 2025 | Barclays | Maintains | Overweight | — |
| 3 Mar 2025 | Mizuho | Maintains | Neutral | — |
| 24 Feb 2025 | Scotiabank | Maintains | Sector Perform | — |
| 11 Feb 2025 | Evercore ISI Group | Upgrade | Outperform | — |
| 12 Dec 2024 | Citigroup | Maintains | Neutral | — |
| 12 Dec 2024 | Scotiabank | Maintains | Sector Perform | — |
| 29 Nov 2024 | Barclays | Maintains | Overweight | — |
| 26 Nov 2024 | Wells Fargo | Maintains | Overweight | — |
| 16 Oct 2024 | Wells Fargo | Maintains | Overweight | — |
| 15 Oct 2024 | Barclays | Maintains | Overweight | — |
| 10 Oct 2024 | Scotiabank | Initiates | Sector Perform | — |
| 2 Oct 2024 | Jefferies | Initiates | Buy | — |
| 1 Aug 2024 | Wells Fargo | Maintains | Overweight | — |
| 22 July 2024 | Barclays | Maintains | Overweight | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Computed off the Friday close and sent before the US open.
Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. TXNM appears on the weeks it earns a place.
Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 9 Sept 2026, TXNM Energy, Inc. returned +4.8% against +18.5% for the S&P 500, dividends included.
Download this chart as an image — free to reuse; link this page as the source.
Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 24% of US stocks
Cheaper than 45% of US stocks
Cheaper than 50% of US stocks
Cheaper than 29% of US stocks
Higher than 50% of US stocks
Higher than 91% of US stocks
Higher than 79% of US stocks
Higher than 82% of US stocks
Higher than 67% of US stocks
Higher than 55% of US stocks
Higher than 60% of US stocks
Higher than 64% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The headline figures, each with its date. Every row carries its own link — cite it straight from here.
TXNM Energy, Inc. has a market value of $6.0B and an enterprise value of $12.0B.
Revenue in the twelve months to 30 June 2026: $2.2B. The latest quarter grew 9.2% year on year.
Net income over the same four quarters: $214.4M, a 9.6% net margin.
Free cash flow in the twelve months to 30 June 2026: −$502.0M.
TXNM Energy, Inc. spent $10.1M on share buybacks and $180.6M on dividends in the twelve months to 30 June 2026.
Trailing P/E: 31.6×; forward P/E: 17.8× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 2.92%, paying out 91% of earnings.
TXNM Energy, Inc. employs 1,755 people — $1.3M of revenue per employee.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own TXNM Energy, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →
TXNM Energy announced it has priced an underwritten public offering of 7,079,646 shares of its common stock at $56.50 per share, for approximate gross proceeds of about $400 million before underwriting discount and offering expenses.
Why it matters — The new share issuance will raise capital for TXNM Energy and affects the company's outstanding share count and capital structure.
TXNM Energy announced the commencement of an underwritten public offering of $400.0 million of shares of its common stock. The offering was announced on Aug. 31, 2026 by the Albuquerque-based company.
Why it matters — TXNM watchers would care because the offering could dilute existing shareholders while raising capital for the company.
The Board of Directors of Public Service Company of New Mexico, a subsidiary of TXNM Energy (NYSE: TXNM), declared a regular quarterly dividend of $1.145 per share on the 4.58 percent series of cumulative preferred stock. The declaration was announced on Aug. 18, 2026.
Why it matters — A TXNM watcher would care because the declaration confirms the ongoing payment of preferred-stock dividends by the company's principal utility subsidiary.
TXNM Energy reported second quarter 2026 results with GAAP earnings of $0.64 per diluted share and ongoing earnings of $0.58 per diluted share. The company also noted its acquisition agreement was extended and a TNMP rate increase was approved.
Why it matters — TXNM watchers would note the significant year-over-year improvement in both GAAP and ongoing earnings, along with the extended acquisition agreement and approved rate increase.
The 5 Wall Street analysts covering TXNM Energy, Inc. have a median 12-month price target of $61, with estimates ranging from $59 to $61. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 5 analysts covering TXNM Energy, Inc., 1 rate it a Buy, 4 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks TXNM Energy, Inc. 39 out of 100 across roughly 4,600 US stocks as at 8 Sept 2026. None of this is personal advice — it does not consider your circumstances.
As at 8 Sept 2026, TXNM Energy, Inc. ranks 39 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Volatility (75 of 100).
No one can know that. What the data says: the median 12-month target from 5 analysts implies +5.4% from the last close, and Ticker Nerd's factor model ranks TXNM Energy, Inc. 39 out of 100 as at 8 Sept 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering TXNM Energy, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for TXNM are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $59 to $61 over the next 12 months.
TXNM Energy, Inc. returned +4.8% over the 12 months to 9 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.
TXNM Energy, Inc. is an energy holding company that provides regulated electricity and electric services through its subsidiaries, Public Service Company of New Mexico and Texas-New Mexico Power Company.
The most recent item we track (PRNewsWire, 1 Sept 2026): "TXNM Energy Announces Pricing of Public Offering of Common Stock". TXNM Energy announced it has priced an underwritten public offering of 7,079,646 shares of its common stock at $56.50 per share, for approximate gross proceeds of about $400 million before underwriting discount and offering expenses.
TXNM Energy, Inc. is an energy holding company that provides regulated electricity and electric services through its subsidiaries, Public Service Company of New Mexico and Texas-New Mexico Power Company. TXNM Energy serves residential, commercial, industrial, and wholesale customers across New Mexico and Texas, with activities spanning power generation, transmission, distribution, and related utility operations. Its business is organized around regulated utility segments that focus on delivering reliable electric service, managing grid infrastructure, and supporting retail and wholesale power needs in its service territories. The company also maintains supporting corporate functions and utility assets tied to its regional operations. Based in Albuquerque, New Mexico, TXNM Energy plays a central role in the Southwestern U.S. utility market by serving communities and businesses through essential electric infrastructure and service networks.
CEO Mr. Joseph D. Tarry CPA · 1,755 employees · United States · https://www.txnmenergy.com
