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TXNM Energy Inc (TXNM) stock

TXNMNYSEElectric ServicesFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 30, 2026Score 5/303% above fair value
$58.82−0.01 (-0.02%)

Close on Nov 12, 2026Market cap $6.48BP/E 28.3Yield 2.81%

TXNM Energy Inc grew revenue 10.0% to $2.32B over the twelve months to Sep 30, 2026. Operating income rose 33.4% to $565.12M, moving the operating margin from 20.1% to 24.4%. Free cash flow was -$602.59M. At the latest close the market valued the company at $6.48B, 28.3 times its earnings.

Revenue
$2.32B
+10.0% vs. a year earlier
Operating income
$565.12M
+33.4% vs. a year earlier
Free cash flow
-$602.59M
TTM Q3 2026
EPS, diluted
$2.08
+21.6% vs. a year earlier

Key statistics

Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026

Valuation

Market cap
$6.48B
P/E ratio
28.3
Price to sales
2.79
Price to book
1.78
Dividend yield
2.81%
Free cash flow yield
-9.30%

Fundamentals

Revenue
$2.32B
EPS, diluted
$2.08
Free cash flow
-$602.59M
Book value per share
$33.45
Diluted shares
109M

Trading

Next earnings
Feb 26, 2027 (estimated, before the open)
Previous close
$58.83
Open
$59.00
Day's range
$58.68 – $59.00
Volume
953,919
Average volume (20 days)
1,010,238
Index membership
S&P MidCap 400, Russell 2000, Russell 3000
Beta (5 years)
0.17
52-week range
$55.64 – $59.53
RSI (14 days)
58.2
Volatility (1 year)
5.4%
Relative volume
1.01×
WACC
5.9%

Index membership is inferred from the holdings of funds that track each index (IJH, SPMD, IWM, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.

Market cap history

Month-end market cap since 2010, using shares outstanding reported at the time

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.

PeriodTXNMS&P 500DifferenceTXNM per yearS&P 500 per year
1 month+0.7%-2.7%+3.4 pts
3 months+2.6%-1.7%+4.3 pts
Year to date+2.1%+11.9%−9.8 pts
1 year+4.1%+12.0%−7.9 pts
3 years+52.9%+78.2%−25.2 pts+15.2%+21.2%
5 years+40.3%+73.2%−32.9 pts+7.0%+11.6%
10 years+142.4%+309.6%−167.3 pts+9.3%+15.1%

Fifteen years at a glance

Fiscal years 2011 to 2025 and trailing twelve months, USD

Revenue

$2.32B+10.0% YoY

Gross profit

–

Operating income

$565.12M+33.4% YoY

Net income

–

EPS, diluted

$2.08+21.6% YoY

Free cash flow

-$602.59M
Reported periodTrailing twelve months

Press releases

Releases TXNM Energy filed with the SEC as exhibits to Form 8-K or 6-K

All press releases and earnings

About TXNM Energy

Electric Services

TXNM Energy, Inc. operates as an energy holding company that provides electric utility services through its two regulated subsidiaries, PNM and TNMP. The company generates, transmits, and distributes electricity, utilizing a diversified power portfolio that includes renewable resources such as solar, wind, and geothermal, alongside battery energy storage, natural gas, nuclear, and coal assets. Its operations also encompass wholesale electricity transmission services. TXNM serves a diverse customer base consisting of residential, commercial, and industrial consumers, as well as wholesale transmission counterparties and retail electric providers.

Company profile, executives and history

TXNM Energy stock: common questions

What is TXNM Energy's stock price?

TXNM closed at $58.82 on Nov 12, 2026, down 0.02% on the day. Over the past 52 weeks it traded between $55.64 and $59.53.

What is TXNM Energy's market cap?

TXNM Energy was worth $6.48B at the close on Nov 12, 2026: the share price times the diluted shares outstanding.

What is TXNM's P/E ratio?

TXNM trades at 28.3 times earnings, based on diluted earnings per share of $2.08 over the twelve months to Sep 30, 2026.

How much revenue does TXNM Energy make?

TXNM Energy reported revenue of $2.32B for the twelve months to Sep 30, 2026, up 10.0% from a year earlier.

Does TXNM Energy pay a dividend?

Yes. TXNM Energy paid $1.65 per share over the last twelve months, a yield of 2.81% at the latest price, and has raised its annual dividend 14 years in a row.

When does TXNM Energy report earnings next?

TXNM Energy is expected to report Q4 FY2026 results on Feb 26, 2027, before the open. The date is estimated from its past reporting pattern until the company confirms it.

How has TXNM stock performed over the past year?

Including dividends, TXNM returned +4.1% over the past year, against +12.0% for the S&P 500.

How many TXNM shares are sold short?

6M shares were sold short at the latest FINRA report, 6.38% of the float, or 6.3 days of average trading volume.

Who are TXNM Energy's competitors?

Companies most similar to TXNM Energy by business, industry and size include BKH, OGE, IDA, CWEN, PNW.

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