TXNM Energy (TXNM) to Release Quarterly Earnings on Friday

TXNM Energy (NYSE:TXNM) is expected to announce its Q2 2026 results before the market opens on Friday, July 31st. Analysts expect TXNM Energy to post earnings of $0.56 per share and revenue of $567.00 million for the quarter. Individuals may visit the the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Friday, July 31, 2026 at 12:30 PM ET.

TXNM Energy (NYSE:TXNM) last announced its earnings results on Friday, May 1st. The company reported $0.21 earnings per share for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.09). TXNM Energy had a net margin of 6.96% and a return on equity of 7.18%. The company had revenue of $504.98 million during the quarter, compared to analysts’ expectations of $506.24 million. During the same period in the prior year, the business earned $0.19 earnings per share. The company’s revenue for the quarter was up 4.6% compared to the same quarter last year. On average, analysts expect TXNM Energy to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

TXNM Energy Trading Down 0.0%

Shares of TXNM Energy stock opened at $58.28 on Friday. TXNM Energy has a 1 year low of $55.64 and a 1 year high of $59.53. The firm has a market cap of $6.45 billion, a PE ratio of 41.93, a PEG ratio of 2.51 and a beta of 0.17. The company has a debt-to-equity ratio of 1.46, a current ratio of 0.55 and a quick ratio of 0.36. The company has a 50 day simple moving average of $57.89 and a two-hundred day simple moving average of $58.59.

TXNM Energy Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Monday, August 3rd will be issued a $0.4225 dividend. The ex-dividend date of this dividend is Monday, August 3rd. This represents a $1.69 dividend on an annualized basis and a dividend yield of 2.9%. TXNM Energy’s dividend payout ratio is presently 121.58%.

Institutional Trading of TXNM Energy

A number of hedge funds have recently bought and sold shares of the company. Balyasny Asset Management L.P. grew its position in TXNM Energy by 344.9% during the third quarter. Balyasny Asset Management L.P. now owns 4,042,301 shares of the company’s stock valued at $228,592,000 after acquiring an additional 3,133,794 shares during the last quarter. Sona Asset Management US LLC lifted its holdings in shares of TXNM Energy by 10.3% in the 4th quarter. Sona Asset Management US LLC now owns 1,834,874 shares of the company’s stock worth $108,037,000 after acquiring an additional 171,044 shares during the last quarter. Adage Capital Partners GP L.L.C. boosted its stake in shares of TXNM Energy by 83.1% in the 2nd quarter. Adage Capital Partners GP L.L.C. now owns 1,762,758 shares of the company’s stock valued at $99,279,000 after purchasing an additional 800,258 shares in the last quarter. Pentwater Capital Management LP boosted its stake in shares of TXNM Energy by 38.7% in the 4th quarter. Pentwater Capital Management LP now owns 1,651,000 shares of the company’s stock valued at $97,211,000 after purchasing an additional 461,000 shares in the last quarter. Finally, Northern Trust Corp boosted its stake in shares of TXNM Energy by 1.8% in the 3rd quarter. Northern Trust Corp now owns 1,196,845 shares of the company’s stock valued at $67,682,000 after purchasing an additional 20,883 shares in the last quarter. Institutional investors own 91.68% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on TXNM. Weiss Ratings restated a “hold (c)” rating on shares of TXNM Energy in a research report on Friday, May 29th. Wall Street Zen lowered shares of TXNM Energy from a “hold” rating to a “sell” rating in a research report on Sunday, July 5th. Three research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $61.25.

About TXNM Energy

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. The segment owns and leases communications, office and other equipment, office space, vehicles, and real estate. It generates electricity using coal, natural gas and oil, and nuclear fuel and waste, as well as solar, wind, geothermal, and battery storage energy sources.