TXNM Energy upgraded by Evercore ISI with a new price target
$TXNM
Electric Utilities: Central
Utilities
Evercore ISI upgraded TXNM Energy from In-line to Outperform and set a new price target of $54.00 from $51.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/27/2025 | $61.25 | Buy → Hold | Jefferies |
| 10/9/2025 | $61.25 | Neutral | Citigroup |
| 3/11/2025 | $53.00 | Neutral → Outperform | Mizuho |
| 2/11/2025 | $51.00 → $54.00 | In-line → Outperform | Evercore ISI |
| 10/10/2024 | $46.00 | Sector Perform | Scotiabank |
| 10/2/2024 | $50.00 | Buy | Jefferies |
4 - TXNM ENERGY INC (0001108426) (Issuer)
4 - TXNM ENERGY INC (0001108426) (Issuer)
4 - TXNM ENERGY INC (0001108426) (Issuer)
8-K - TXNM ENERGY INC (0001108426) (Filer)
8-K - TXNM ENERGY INC (0001108426) (Filer)
11-K - TXNM ENERGY INC (0001108426) (Filer)
ALBUQUERQUE, N.M., July 21, 2026 /PRNewswire/ -- At its regular meeting held today, 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. The dividend is payable August 14, 2026, to shareholders of record at the close of business August 3, 2026. Background:TXNM Energy (NYSE:TXNM), an energy holding company based in Albuquerque, New Mexico, delivers energy to more than 800,000 homes and businesses across Texas and New Mexico through its regulated utilities, TNMP and PNM. For more information, visit the company's website at www.TXNMEnerg
ALBUQUERQUE, N.M., May 21, 2026 /PRNewswire/ -- The Board of Directors of Public Service Company of New Mexico, a subsidiary of TXNM Energy (NYSE:TXNM), declared the regular quarterly dividend of $1.145 per share on the 4.58 percent series of cumulative preferred stock. The preferred stock dividend is payable July 15, 2026, to shareholders of record at the close of business June 30, 2026. Background:TXNM Energy (NYSE:TXNM), an energy holding company based in Albuquerque, New Mexico, delivers energy to more than 800,000 homes and businesses across Texas and New Mexico through its
2026 first quarter GAAP earnings of $0.03 per diluted share2026 first quarter ongoing earnings of $0.21 per diluted shareUpdated 2026 - 2030 capital investment plan of $10.2 billionTXNM Energy (In millions, except EPS)Q1 2026Q1 2025GAAP net earnings attributableto TXNM Energy$3.7$8.9GAAP diluted EPS$0.03$0.10Ongoing net earnings$23.8$18.1Ongoing diluted EPS$0.21$0.19ALBUQUERQUE, N.M., May 1, 2026 /PRNewswire/ -- TXNM Energy (NYSE:TXNM) today reported 2026 first quarter results. As previously announced, TXNM Energy does not plan to issue 2026 earnings guidance during pendency of the proposed transaction with Blackstone Infrastructure.
Jefferies downgraded TXNM Energy from Buy to Hold and set a new price target of $61.25
Citigroup initiated coverage of TXNM Energy with a rating of Neutral and set a new price target of $61.25
Mizuho upgraded TXNM Energy from Neutral to Outperform and set a new price target of $53.00
ALBUQUERQUE, N.M., July 21, 2026 /PRNewswire/ -- At its regular meeting held today, 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. The dividend is payable August 14, 2026, to shareholders of record at the close of business August 3, 2026. Background:TXNM Energy (NYSE:TXNM), an energy holding company based in Albuquerque, New Mexico, delivers energy to more than 800,000 homes and businesses across Texas and New Mexico through its regulated utilities, TNMP and PNM. For more information, visit the company's website at www.TXNMEnerg
ALBUQUERQUE, N.M., July 17, 2026 /PRNewswire/ -- TXNM Energy (NYSE:TXNM) and Blackstone Infrastructure have extended the terms of their merger agreement under which Blackstone Infrastructure will acquire the outstanding common stock of TXNM Energy. The termination date under the agreement has been extended to May 31, 2027, to allow for further time to obtain regulatory approvals.The transaction has received approval from the Public Utility Commission of Texas (PUCT), the Federal Energy Regulatory Commission (FERC), the Federal Communications Commission (FCC) and under the waiting period required by the Hart-Scott-Rodino Antitru
ALBUQUERQUE, N.M. , June 1, 2026 /PRNewswire/ -- PNM, a wholly-owned subsidiary of TXNM Energy (NYSE:TXNM), put forth a plan for future energy resources needed to continue powering homes and businesses with reliable, affordable and clean energy. As part of this plan, PNM has submitted an application with the New Mexico Public Regulation Commission (NMPRC) detailing the resources selected to address growing customer demand, system reliability needs and the state's clean‑energy requirements. A major step toward New Mexico's clean energy future The plan advances PNM's transition to
ALBUQUERQUE, N.M., May 14, 2025 /PRNewswire/ -- The Board of Directors of TXNM Energy (NYSE:TXNM) announced the transition of current Chief Executive Officer Pat Collawn to Executive Chair, effective July 1, 2025. Concurrently, and as part of a long-standing succession plan, the Board announced Don Tarry as the company's next President and CEO. Pat joined TXNM Energy in June 2007 as Utilities President, overseeing operations for wholly owned subsidiaries PNM in New Mexico and TNMP in Texas. In August 2008, she was named President and Chief Operating Officer and in March 2010,
ALBUQUERQUE, N.M., Nov. 11, 2024 /PRNewswire/ -- In a continued effort to enhance reliability and economic benefits to customers, Public Service Company of New Mexico (PNM), a wholly-owned subsidiary of TXNM Energy (NYSE:TXNM), has announced its plan to join the California Independent System Operator (CAISO) Extended Day-Ahead Market (EDAM). EDAM is a voluntary day-ahead regional market, expanding on CAISO's real-time regional market known as the Western Energy Imbalance Market (WEIM), which PNM has been a participant of since 2021. "Participating in EDAM is the next step in r
SC 13G - TXNM ENERGY INC (0001108426) (Subject)
SC 13G - TXNM ENERGY INC (0001108426) (Subject)
SC 13G/A - TXNM ENERGY INC (0001108426) (Subject)