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PNM Resources (PNM)

(Real Time Quote from BATS)

$36.72 USD

36.72
111,939

+0.03 (0.08%)

Updated Apr 23, 2024 12:40 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

C Value D Growth C Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 37% (94 out of 252)

Industry: Utility - Electric Power

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Zacks News

AVANGRID (AGR) Receives Proposal for Its Outstanding Shares

by Zacks Equity Research

AVANGRID (AGR) receives a proposal to sell its 18.4% outstanding shares to Iberdrola for $2.5 billion.

Why Is PNM Resources (PNM) Up 0.6% Since Last Earnings Report?

by Zacks Equity Research

PNM Resources (PNM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Duke Energy (DUK) Q4 Earnings Miss Estimates, Revenues Fall

by Zacks Equity Research

Duke Energy's (DUK) Q4 earnings rise year over year. The company gives 2024 earnings guidance.

PNM Resources (PNM) Q4 Earnings Top, Full-Year Revenues Fall

by Zacks Equity Research

PNM Resources' (PNM) fourth-quarter 2023 earnings increase year over year. However, revenues for 2023 decrease from the year-ago level.

PNM Resources (PNM) Q4 Earnings Top Estimates

by Zacks Equity Research

PNM Resources (PNM) delivered earnings and revenue surprises of 20% and 41.55%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?

CMS Energy (CMS) Rewards Shareholders With 5.6% Dividend Hike

by Zacks Equity Research

CMS Energy (CMS) continues to reward shareholders through dividend hikes. It has been increasing dividends for 18 consecutive years.

WEC Energy (WEC) Q4 Earnings Match Estimates, Sales Lag

by Zacks Equity Research

WEC Energy's (WEC) fourth-quarter earnings on par with estimates, but revenues are lower than expected. The company continues to make long-term investments to strengthen its infrastructure to efficiently serve its customers.

What's in Store for PNM Resources (PNM) in Q4 Earnings?

by Zacks Equity Research

PNM Resources' (PNM) Q4 earnings are expected to have been adversely impacted by lower transmission margins, higher interest expenses and lower fixed income.

AVANGRID (AGR) Initiates First Onshore Wind Project in Oklahoma

by Zacks Equity Research

AVANGRID (AGR) launches its first onshore wind project in Oklahoma with 147.5 MW capacity. This will help deliver clean, renewable wind power to Pontotoc County.

AVANGRID (AGR) Scraps $4.3B Merge Deal, Focuses on Renewables

by Zacks Equity Research

AVANGRID (AGR) terminates its previously announced merger agreement with PNM Resources on its failure to receive all regulatory approvals.

3 Top Dividend Stocks to Maximize Your Retirement Income

by Zacks Equity Research

The traditional retirement planning approaches no longer cover all expenses in nest egg years. So what can retirees do? Thankfully, there are alternative investments that provide steady, higher-rate income streams to replace dwindling bond yields.

American Electric Power (AEP) to Sell Stake in New Mexico Asset

by Zacks Equity Research

American Electric Power (AEP) continues to streamline its operation by divesting non-core assets and adding more renewable assets to its generation portfolio.

PNM Resources (PNM) to Sell Renewable Joint Venture for $230M

by Zacks Equity Research

PNM Resources (PNM) and American Electric Power inked a deal to divest around 50% stake each in New Mexico Renewable Development, LLC for $230 million.

3 Top Dividend Stocks to Maximize Your Retirement Income

by Zacks Equity Research

The traditional ways to plan for your retirement may mean income can no longer cover expenses post-employment. But what if there was another option that could provide a steady, reliable source of income in your nest egg years?

How to Maximize Your Retirement Portfolio with These Top-Ranked Dividend Stocks

by Zacks Equity Research

The traditional retirement planning approaches no longer cover all expenses in nest egg years. So what can retirees do? Thankfully, there are alternative investments that provide steady, higher-rate income streams to replace dwindling bond yields.

PNM Resources (PNM) Raises Annual Dividend Rate by 5.4%

by Zacks Equity Research

PNM Resources (PNM) continues to perform steadily and is generating stable cash flows, enabling it to increase dividend rates and reward its shareholders.

Company News for Nov 21, 2023

by Zacks Equity Research

Companies in The News Are: NVDA, BMY, PNM, ZM

PNM vs. MGEE: Which Stock Is the Better Value Option?

by Zacks Equity Research

PNM vs. MGEE: Which Stock Is the Better Value Option?

Here's Why You Should Add PPL to Your Portfolio Right Now

by Zacks Equity Research

PPL makes a strong case for investment, given its positive growth estimates, strong financial position and systematic capital plan.

3 Top-Ranked Dividend Stocks: A Smarter Way to Boost Your Retirement Income

by Zacks Equity Research

The traditional ways to plan for your retirement may mean income can no longer cover expenses post-employment. But what if there was another option that could provide a steady, reliable source of income in your nest egg years?

Ameren (AEE) Q3 Earnings Beat Estimates, Revenues Fall Y/Y

by Zacks Equity Research

Ameren's (AEE) third-quarter earnings benefit from increased infrastructure investment and higher electric service rates. The company narrowed its earnings expectation for 2023.

MDU Resources' (MDU) Q3 Earnings Increase Y/Y, Sales Fall

by Zacks Equity Research

MDU Resources (MDU) Q3 earnings improve year over year. The company raises its 2023 guidance on account of its strategic initiatives and higher demand for its construction business.

PPL's Q3 Earnings Miss Estimates, Revenues Decrease Y/Y

by Zacks Equity Research

PPL Corporation's (PPL) third-quarter earnings and sales miss estimates. The company narrowed its earnings expectation for 2023.

PNM vs. MGEE: Which Stock Should Value Investors Buy Now?

by Zacks Equity Research

PNM vs. MGEE: Which Stock Is the Better Value Option?

How to Maximize Your Retirement Portfolio with These Top-Ranked Dividend Stocks

by Zacks Equity Research

The traditional ways to plan for your retirement may mean income can no longer cover expenses post-employment. But what if there was another option that could provide a steady, reliable source of income in your nest egg years?