TXNM

Based on TXNM Energy, Inc.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.

What does TXNM Energy do?

TXNM Energy is a regulated electric utility that generates, transmits, and distributes electricity in New Mexico through its PNM subsidiary and provides regulated transmission and distribution services in Texas through TNMP. It serves residential, commercial, and industrial customers and uses a fuel mix that includes renewables, nuclear, and natural gas.

Does TXNM pay dividends?

Yes, TXNM Energy pays a regular dividend. Regulated utilities like TXNM typically use the predictable cash flows from rate-regulated operations to fund consistent dividend payments, making the stock a consideration for income-oriented investors. Check TXNM's investor relations page for the current declared dividend amount and payment schedule.

When does TXNM report earnings?

TXNM Energy reports earnings on a quarterly cadence, in line with standard US-listed company practice. Because it is a regulated utility, results are closely tied to regulatory decisions and capital investment cycles rather than market-driven revenue swings. Visit TXNM Energy's investor relations page for the latest earnings release schedule.

Is TXNM a good stock to buy?

UQS Score rates TXNM as Good overall, with Valuation standing out as the strongest pillar. The remaining pillars — Quality, Moat, Growth, and Risk — are all Neutral, reflecting a stable but not exceptional profile relative to sector peers. Whether it fits your portfolio depends on your income, risk, and growth preferences. View the full pillar breakdown on UQS Pro.

Is TXNM overvalued?

The UQS Valuation pillar for TXNM is rated Good, suggesting the stock is not significantly overpriced relative to what the business generates. Regulated utilities are often valued on the basis of allowed returns and rate-base growth, and TXNM's current valuation profile appears reasonable within that framework. Full valuation metrics are available to UQS Pro members.

How does TXNM compare to its competitors?

TXNM operates as a purely domestic, Southwest-focused regulated utility, which distinguishes it from peers with international exposure or different regional dynamics. Portland General Electric, for example, serves the Pacific Northwest with a strong renewable focus, while Enel Chile operates in Latin American markets. Each peer carries distinct regulatory, geographic, and generation-mix characteristics.

What is TXNM's market cap bracket?

TXNM Energy is classified as a mid-cap company. Mid-cap utilities often offer a balance between the growth potential of smaller regional players and the stability associated with larger, more diversified utility holding companies. This size bracket can appeal to investors seeking regulated income with moderate scale.

Who founded TXNM Energy?

TXNM Energy's origins date to 1882, making it one of the longer-established electric utilities in the American Southwest. The company operated for decades as PNM Resources before rebranding to TXNM Energy in August 2024. Detailed founding history is publicly available through the company's official corporate profile.

Is TXNM a long-term quality investment?

As a long-term quality indicator, TXNM's UQS profile shows a balanced but not exceptional picture — Neutral across Quality, Moat, Growth, and Risk, with Valuation rated Good. Regulated utilities can offer durability over long horizons, but sustained quality depends on regulatory outcomes, capital discipline, and the pace of the renewable energy transition. The complete analyst view is available to Pro members.

What is the main competitive advantage of TXNM Energy?

TXNM's primary advantage lies in its regulated utility status, which grants it exclusive service territories in New Mexico and Texas. This regulatory framework limits direct competition and provides a degree of revenue predictability tied to state-approved rate structures. However, the UQS Moat pillar is rated Neutral, indicating this advantage is in line with rather than superior to sector peers.

What sector does TXNM belong to?

TXNM Energy belongs to the Utilities sector, specifically the regulated electric utility segment. Utilities are generally characterized by stable, rate-regulated revenues, capital-intensive infrastructure, and dividend-paying traditions. Investors can explore other [top-rated utility stocks](/sector/utilities) on the UQS platform for sector-wide comparisons.

Is TXNM a growth stock or value stock?

Based on UQS pillar labels, TXNM leans toward the value side of the spectrum — Valuation is rated Good while Growth is Neutral, suggesting the stock is reasonably priced but not positioned as a high-growth name. Regulated utilities rarely qualify as growth stocks; they tend to attract investors prioritizing income and capital preservation over rapid earnings expansion.

TXNM Energy, Inc. has average quality metrics, with room for improvement in margins or capital efficiency.

TXNM Energy, Inc. shows steady but unspectacular growth, typical for mature companies.

TXNM Energy, Inc. has some risk factors including moderate leverage or solvency concerns.

TXNM Energy, Inc. appears attractively valued relative to its earnings, cash flows, and sector peers.

TXNM Energy, Inc. possesses some competitive advantages but faces meaningful competition. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for TXNM.

The UQS (Unified Quality Score) for TXNM Energy, Inc. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.

Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.

Moat (25%) assesses TXNM Energy, Inc.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.

Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.

Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.

Valuation (15%) measures whether TXNM Energy, Inc. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.

Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.