Equites Radar

TXNM · TXNM Energy, Inc.

Utilities - Regulated ElectricUnited StatesAnalyst view: Hold

$58.40

-0.19% last session

End-of-day data · updated 2026-07-28

Bullish5 bullish · 0 bearish technical signals
Consensus: Hold (2.83 from 6 analysts)
To mean target: +4.1%

Market cap

$6B

Enterprise value

$12B

Trailing P/E

41.3

Forward P/E

17.9

Dividend yield

3.0%

Beta

0.17

Avg volume

2M

Employees

2K

2D change

-0.41%

5D change

-0.24%

10D change

1.31%

30D change

1.80%

60D change

-1.77%

MTD change

2.54%

YTD change

0.21%

Analyst Outlook

Consensus ratingHold
Recommendation mean (1–5)2.83
Covering analysts6
Mean price target$60.79
Low price target$59.00
Upside to mean target+4.1%

Analyst estimates change daily — follow the shifts on the Estimate Trends page.

Technical Analysis

RSI (14)58.9
50-day MA$57.93
200-day MA$57.89
Price vs 50-day MA+0.2%
Price vs 200-day MA+0.3%
MACD histogram0.19
Volume vs 3-month avg0.3×
52w low $55.0852w high $59.48

Analyst sentiment over time — TXNM

Rec Mean (blue, left — higher = more bullish) vs. price targets (right).

Investment Bank Ratings as of 2025-10-27

Latest call per bank · past 12 months

Jefferies

Hold

$61.25

+4.9% vs price
▲ raised from $58.00Downgrade · 2025-10-27

Recent rating actions

DateFirmActionRatingPrice target
2025-10-27JefferiesDowngradeBuyHold$58.00 $61.25

Ratings and price targets are the published opinions of the issuing banks, compiled from Yahoo Finance rating actions — not investment advice.

Signal Summary as of 2026-07-28

  • RSI (14): RSI is 59 — neutral momentum, neither overbought nor oversold.
  • Price vs 50-day MA: Trading 0.2% above the 50-day MA ($57.93).
  • Price vs 200-day MA: Trading 0.3% above the 200-day MA ($57.89).
  • MA cross: The 50-day MA sits above the 200-day MA (golden-cross regime) — the longer-term trend points up.
  • MACD (12,26,9): MACD histogram is positive (+0.19) — short-term momentum is improving.
  • 52-week range: Price is within 5% of the 52-week high ($59.48).

TXNM Price Chart

Loading chart for TXNM

Fundamentals

Revenue (TTM)$2.0B
EBITDA$1.0B
Free cash flow-$1.0B
Operating cash flow$1.0B
Book value / share$31.25
Net debt / EBITDA6.5
WACC5.0%
Revenue growth5.00%
Earnings growth-69.00%

About TXNM Energy, Inc.

TXNM Energy, Inc., through its subsidiaries, provides electricity and electric services in the United States. The company engages in the generation, transmission, and distribution of electricity for retail electric customers; and owns and leases communications, office and other equipment, office space, vehicles, energy storage facilities, and real estate. It also provides regulated transmission and distribution services in Texas, as well as owns and leases vehicles, service facilities, and office locations throughout its service territory. It serves residential, commercial, and industrial customers and end-users of electricity in New Mexico and Texas. The company was formerly known as PNM Resources, Inc and changed its name to TXNM Energy, Inc. in August 2024. TXNM Energy, Inc. was founded in 1882 and is based in Albuquerque, New Mexico.

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Data is sourced from end-of-day snapshots and refreshed daily before the US market open — nothing on this page is real-time. Figures can contain vendor errors. This page is for information only and is not investment advice.