TXNM Energy, Inc. (TXNM) To Go Ex-Dividend on October 24th

TXNM Energy, Inc. (NYSE:TXNM) announced a quarterly dividend on Tuesday, September 23rd, RTT News reports. Stockholders of record on Friday, October 24th will be paid a dividend of 0.4075 per share on Friday, November 14th. This represents a c) annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, October 24th.

TXNM Energy Stock Down 0.0%

TXNM stock opened at $56.87 on Thursday. TXNM Energy has a 52 week low of $42.09 and a 52 week high of $57.42. The company has a quick ratio of 0.36, a current ratio of 0.51 and a debt-to-equity ratio of 1.49. The firm has a 50-day simple moving average of $56.82 and a 200-day simple moving average of $55.23. The stock has a market capitalization of $5.99 billion, a P/E ratio of 29.31, a P/E/G ratio of 2.69 and a beta of 0.09.

TXNM Energy (NYSE:TXNM) last posted its quarterly earnings data on Friday, August 1st. The company reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.21). TXNM Energy had a return on equity of 7.34% and a net margin of 8.75%.The firm had revenue of $502.42 million during the quarter, compared to analyst estimates of $493.90 million. The company’s revenue for the quarter was up 2.9% on a year-over-year basis. Equities analysts forecast that TXNM Energy will post 2.73 earnings per share for the current fiscal year.

TXNM Energy Company Profile

TXNM Energy, 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.