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PNM Resources, Inc is an utilities-regulated electric business based in the US. PNM Resources shares (PNM) are listed on the NYSE and all prices are listed in US Dollars. PNM Resources employs 1,708 staff and has a trailing 12-month revenue of around USD$1.5 billion.
|52-week range||USD$33.554 - USD$49.6648|
|50-day moving average||USD$48.6782|
|200-day moving average||USD$48.2932|
|Wall St. target price||USD$49.93|
|Dividend yield||USD$1.25 (2.53%)|
|Earnings per share (TTM)||USD$2.15|
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This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Valuing PNM Resources stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of PNM Resources's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
PNM Resources's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 23x. In other words, PNM Resources shares trade at around 23x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
PNM Resources's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 4.1875. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into PNM Resources's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
PNM Resources's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$592 million.
The EBITDA is a measure of a PNM Resources's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$1.5 billion|
|Operating margin TTM||18.21%|
|Gross profit TTM||USD$859.9 million|
|Return on assets TTM||2.28%|
|Return on equity TTM||9.65%|
|Market capitalisation||USD$4.3 billion|
TTM: trailing 12 months
There are currently 4.4 million PNM Resources shares held short by investors – that's known as PNM Resources's "short interest". This figure is 30.8% up from 3.4 million last month.
There are a few different ways that this level of interest in shorting PNM Resources shares can be evaluated.
PNM Resources's "short interest ratio" (SIR) is the quantity of PNM Resources shares currently shorted divided by the average quantity of PNM Resources shares traded daily (recently around 1.2 million). PNM Resources's SIR currently stands at 3.76. In other words for every 100,000 PNM Resources shares traded daily on the market, roughly 3760 shares are currently held short.
However PNM Resources's short interest can also be evaluated against the total number of PNM Resources shares, or, against the total number of tradable PNM Resources shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case PNM Resources's short interest could be expressed as 0.05% of the outstanding shares (for every 100,000 PNM Resources shares in existence, roughly 50 shares are currently held short) or 0.0585% of the tradable shares (for every 100,000 tradable PNM Resources shares, roughly 59 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against PNM Resources.
Find out more about how you can short PNM Resources stock.
Dividend payout ratio: 55.7% of net profits
Recently PNM Resources has paid out, on average, around 55.7% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.65% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), PNM Resources shareholders could enjoy a 2.65% return on their shares, in the form of dividend payments. In PNM Resources's case, that would currently equate to about $1.25 per share.
PNM Resources's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
PNM Resources's most recent dividend payout was on 13 May 2021. The latest dividend was paid out to all shareholders who bought their shares by 28 April 2021 (the "ex-dividend date").
PNM Resources's shares were split on a 3:2 basis on 13 June 2004. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your PNM Resources shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for PNM Resources shares which in turn could have impacted PNM Resources's share price.
Over the last 12 months, PNM Resources's shares have ranged in value from as little as $33.554 up to $49.6648. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while PNM Resources's is 0.5234. This would suggest that PNM Resources's shares are less volatile than average (for this exchange).
PNM Resources, Inc. , through its subsidiaries, provides electricity and electric services in the United States. It operates through Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP) segments. The PNM segment engages in the generation, transmission, and distribution of electricity. It generates electricity using coal, natural gas and oil, nuclear fuel, solar, wind, and geothermal energy sources. As of December 31, 2020, this segment had owned or leased facilities with a total net generation capacity of 2,168 megawatts; and owned 3,389 miles of electric transmission lines, 6,077 miles of distribution overhead lines, 5,962 miles of underground distribution lines, and 255 substations. It also owns and leases office and other equipment, office space, vehicles, and real estate.
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