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TXNM
$59.20+0.14 (+0.24%)
Market ClosedLast close May 1
TXNM Energy, Inc., through its subsidiaries, provides electricity and electric services in the United States.
Historical Price
Price (Candle)
50-Day SMA
200-Day SMA
Whystock Brain
The Narrative
TXNM Energy, Inc. in the Utilities sector is trading at $59.20. The stock is currently near its 52-week high of $59.52, remaining 3.6% above its 200-day moving average. Technical signals show neutral RSI of 70 and bullish MACD crossover, explaining why TXNM maintains its current momentum and trend strength. The Whystock Score of 75/100 reflects a high-conviction bullish alignment.
Ecosystem Influences
Overbought levels (RSI 70) — risk of consolidation or pullback
Long-term trend bullish (Price vs 200-day SMA)
Macro-economic sensitivity to interest rate and inflation shifts
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Peer Comparison
Whystock Valuation Model
Whystock fair value is estimated using a trailing P/E model adjusted for return on equity: Fair P/E = 18 + (ROE × 20). Fair Value = (Current Price ÷ Trailing P/E) × Fair P/E. A base P/E of 18 represents a typical market multiple, scaled upward for companies that earn high returns on equity. The result is a theoretical "normalised" price — not a price target or investment advice. Large deviations are common for high-growth or loss-making companies.
Current Price$59.20
Potential Downside
52.6%
Whystock Fair Value$28.04
Price
UndervaluedFair ValueOvervalued
Simplified model based on P/E and ROE. Not a substitute for full valuation analysis. Data may be delayed. See our Terms.
Analyst Consensus6 analysts
Hold
Mean target$60.79+2.7%
Range$59.00 – $61.25
Fundamentals
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 comm...
Market Cap
Total dollar market value of a company's outstanding shares of stock (Price * Shares).
$6.43B
P/E Ratio
Priced for growth. Investors expect sustained double-digit expansion.
39.88
Beta
Defensive asset. Lower volatility than the S&P 500.
0.17
Div Yield
Strong income play. Yield provides a meaningful total return floor.
2.79%
ROE
Average efficiency. Growth may require heavy reinvestment.
4.45%
Volume
Today's trading volume
1.84M
Recent News
PNM, Blackstone execs defend stock sale before New Mexico regulators
The legality of a $400 million stock purchase has become the focal point of a private equity giant’s effort to take over New Mexico’s largest electric utility. The stock transaction — between Public Service Company of New Mexico parent company TXNM Energy Inc. and Blackstone Infrastructure — was the subject of an hourslong virtual hearing Thursday before the New Mexico Public Regulation ...
TXNM CEO says it ‘would have been beneficial’ to seek PRC approval for stock sale to Blackstone
TXNM Energy Inc. President and CEO Don Tarry on Thursday testified in a state Public Regulation Commission hearing that, in hindsight, it would have been beneficial for the companies to seek PRC approval of a $400 million stock sale to private equity firm Blackstone Inc. “I think that looking at it today, it would have been beneficial,” he said of the May 2025 sale of 8 million TXNM shares to ...
New Mexico attorney general: PNM stock sale to Blackstone should be voided
New Mexico Department of Justice attorneys are arguing the issuance and sale last year of $400 million in TXNM Energy stock to private equity firm Blackstone should be considered null and void — like it never happened — according to a brief submitted recently to state utility regulators. The stock deal has come under scrutiny in the course of the private equity giant’s $11.5-billion bid to ...
A Look At TXNM Energy (TXNM) Valuation After Its Rebrand And Mixed Signals On Future Growth
Why TXNM Energy Is On Investors’ Radar TXNM Energy (TXNM) is drawing fresh attention after its recent rebranding from PNM Resources, shifting its corporate identity while continuing to provide regulated electricity and related services across New Mexico and Texas. See our latest analysis for TXNM Energy. TXNM Energy’s recent rebrand has come during a period where the share price has been relatively soft over the past quarter. However, its 1 year and 5 year total shareholder returns of 11.7%...
Regulators open investigation into PNM-Blackstone stock trade
Correction appended. New Mexico’s largest electric utility and the world’s largest private equity firm that is trying to acquire it have been ordered by state regulators to further explain how a $400 million stock transaction between the two companies that took place last year does not violate state law. Although the companies have maintained the sale was above board and unconnected to the ...