The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

TXNM

Concerning the House

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.

United States · www.txnmenergy.com

The Long Run

FY 2010–2025 · 16 years

LineLatestCAGRTrend
Revenue$1.91B+5.0%
Gross profit$740.46M+14.1%
Operating income$441.18M+5.7%
Net income$8.78M-10.1%
Cash from ops$551.17M+4.4%
Quotation

$57.39

+0.06 (+0.1%)

52w hi$59.05
52w lo$54.89
Vol542.85K
As ofAug 13
The Verdict

Hold

Our score -0.36

Short-0.23
Medium-0.53
Long-0.27

computed 2026-08-13

By the Numbers

TXNM Energy, Inc.

Utilities · Utilities - Regulated Electric

Market cap$5.91B
Enterprise value$11.93B
Trailing P/E31.36x
Forward P/E17.61x
EV / EBITDA12.71x
P / S (ttm)2.65x
Profit margin8.8%
Return on equity6.3%
Revenue growth+9.2%
Earnings growth+190.9%
Debt / equity165.51
Risk Metrics
Beta vs SPX0.27
Corr SPX0.29
Annual vol15.4%
Annual ret+18.7%
Sharpe1.21
Max DD-10.2%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.26
Sector-0.01
Technical-0.12
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$57.43$57.50$57.31$57.39542.85K
Aug 12$57.35$57.41$57.30$57.33760.20K
Aug 11$57.25$57.45$57.24$57.31431.00K
Aug 10$57.47$57.55$57.35$57.36685.70K
Aug 7$57.30$57.73$57.30$57.60611.70K