TXNMUtilities · Utilities - Regulated ElectricThe 5 Wall Street analysts covering TXNM Energy, Inc. hold a median 12-month price target of $61 — +4.3% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 50 of 100 as at 4 Nov 2026 — in the upper half.
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
Growth (91): Sales and profits are climbing, and climbing faster than before.
Issuance (29): 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 systematic trader with 15+ 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 +4.3% 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.
TXNM appears in the Radar on the weeks it earns a place.
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Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 4 Nov 2026, TXNM Energy, Inc. returned +5.7% against +14.8% 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 26% of US stocks
Cheaper than 42% of US stocks
Cheaper than 47% of US stocks
Cheaper than 30% of US stocks
Higher than 60% of US stocks
Higher than 63% of US stocks
Higher than 79% of US stocks
Higher than 90% of US stocks
Higher than 69% of US stocks
Higher than 56% of US stocks
Higher than 62% of US stocks
Higher than 86% 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 $6.4B and an enterprise value of $12.6B.
Revenue in the twelve months to 30 June 2026: $2.2B. The latest quarter grew 13.3% 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: 29.2×; forward P/E: 18.0× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 2.89%, paying out 84% 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 reported Q3 2026 GAAP net earnings of $163.4 million, or $1.50 per diluted share, and ongoing net earnings of $184.8 million, or $1.62 per diluted share. Both quarterly earnings measures were higher than in Q3 2025.
Why it matters — The results provide TXNM watchers with year-over-year comparisons of the company’s third-quarter and year-to-date earnings.
At its regular meeting on Sept. 22, 2026, the Board of Directors of TXNM Energy, Inc. (NYSE: TXNM) declared the regular quarterly dividend of $0.4225 per share on the company's common stock.
Why it matters — The declaration of the regular quarterly dividend reaffirms TXNM's ongoing commitment to returning value to its shareholders.
Zacks Investment Research published an article noting that higher interest rates pressure renewable-energy projects, and it identified MNTK, CEG and TXNM as alternative-energy stocks that appear better positioned to absorb the impact of the Fed's rate hike.
Why it matters — The piece highlights TXNM as relatively better positioned among renewables to withstand the financial pressure that higher interest rates place on the sector.
TXNM Energy, parent company of PNM, and Blackstone Infrastructure filed a motion with the New Mexico Public Regulation Commission seeking authorization to file a revised version of their merger application. The draft revised application more than doubles direct customer rate credits, strengthens workforce commitments, and includes a nearly $5 billion commitment to invest in New Mexico's electric grid.
Why it matters — A TXNM watcher would care because the enhanced benefits package could help secure regulatory approval for the pending merger, which is pivotal for the company's future.
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.
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. 50 out of 100 across roughly 4,600 US stocks as at 4 Nov 2026. None of this is personal advice — it does not consider your circumstances.
As at 4 Nov 2026, TXNM Energy, Inc. ranks 50 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 Growth (91 of 100).
No one can know that. What the data says: the median 12-month target from 5 analysts implies +4.3% from the last close, and Ticker Nerd's factor model ranks TXNM Energy, Inc. 50 out of 100 as at 4 Nov 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 +5.7% over the 12 months to 4 Nov 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, 30 Oct 2026): "TXNM Energy Reports Third Quarter 2026 Results". TXNM Energy reported Q3 2026 GAAP net earnings of $163.4 million, or $1.50 per diluted share, and ongoing net earnings of $184.8 million, or $1.62 per diluted share. Both quarterly earnings measures were higher than in Q3 2025.
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
