TXNM Energy (TXNM) to Announce Earnings on Friday

TXNM Energy (NYSE:TXNM) will likely be announcing its Q2 2026 results before the market opens on Friday, July 31st. Analysts expect TXNM Energy to announce earnings of $0.56 per share and revenue of $567.00 million for the quarter. Parties can find conference call details on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Friday, August 7, 2026 at 12:30 PM ET.

TXNM Energy (NYSE:TXNM) last posted 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). The firm had revenue of $504.98 million during the quarter, compared to the consensus estimate of $506.24 million. TXNM Energy had a net margin of 6.96% and a return on equity of 7.18%. The firm’s revenue was up 4.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.19 EPS. 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 0.2%

TXNM Energy stock opened at $58.06 on Wednesday. The business has a 50-day simple moving average of $57.82 and a two-hundred day simple moving average of $58.57. The company has a market cap of $6.43 billion, a P/E ratio of 41.77, a P/E/G ratio of 2.51 and a beta of 0.17. TXNM Energy has a 52-week low of $55.64 and a 52-week high of $59.53. The company has a quick ratio of 0.36, a current ratio of 0.55 and a debt-to-equity ratio of 1.46.

TXNM Energy Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Investors 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 (DPR) is presently 121.58%.

Analyst Upgrades and Downgrades

TXNM has been the subject of several recent research reports. Wall Street Zen lowered shares of TXNM Energy from a “hold” rating to a “sell” rating in a research report on Sunday, July 5th. Weiss Ratings reissued a “hold (c)” rating on shares of TXNM Energy in a research report on Friday, May 29th. Three research analysts have rated the stock with a Hold rating, According to MarketBeat, the company has an average rating of “Hold” and an average price target of $61.25.

Institutional Investors Weigh In On TXNM Energy

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TXNM. Empowered Funds LLC purchased a new stake in TXNM Energy in the 1st quarter worth approximately $547,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in TXNM Energy by 12.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 297,350 shares of the company’s stock valued at $15,902,000 after purchasing an additional 32,776 shares in the last quarter. M&T Bank Corp lifted its holdings in TXNM Energy by 29.4% during the second quarter. M&T Bank Corp now owns 6,271 shares of the company’s stock valued at $353,000 after purchasing an additional 1,426 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of TXNM Energy by 215.1% in the second quarter. EverSource Wealth Advisors LLC now owns 1,528 shares of the company’s stock worth $86,000 after purchasing an additional 1,043 shares during the period. Finally, Marshall Wace LLP increased its stake in shares of TXNM Energy by 323.5% in the second quarter. Marshall Wace LLP now owns 126,600 shares of the company’s stock worth $7,130,000 after purchasing an additional 96,708 shares in the last quarter. 91.68% of the stock is owned by hedge funds and other institutional investors.

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. 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.