C
PNM Resources, Inc. PNM
$38.21 $0.240.63%
Recommendation
Prev Close
Volume
Avg Vol (90D)
Market Cap
Dividend & Yield
52-Week Range
P/E (TTM)
EPS (TTM)
C
Hold 5/7/2024Upgraded
PNM Resources, Inc. (PNM) was upgraded to C- from D+ on 5/7/2024 due to an increase in the growth index. EBIT increased 272.81% from -$46.91M to $81.06M, earnings per share increased from -$0.5779 to $0.52, and total revenue increased 6.01% from $412.11M to $436.88M.
D
Sell 3/4/2024Downgrade
PNM Resources, Inc. (PNM) was downgraded to D+ from C- on 3/4/2024 due to a major decline in the valuation index, growth index and efficiency index. Net income declined 233.14% from $37.73M to -$50.23M, earnings per share declined from $0.4382 to -$0.5779, and EBIT declined 154.68% from $85.79M to -$46.91M.
C
Hold 2/1/2024Downgrade
PNM Resources, Inc. (PNM) was downgraded to C- from C on 2/1/2024 due to a significant decline in the growth index, volatility index and valuation index. Earnings per share declined from $0.5263 to $0.4382, and EBIT declined 6.21% from $91.46M to $85.79M.
C
Hold 8/9/2023Downgrade
PNM Resources, Inc. (PNM) was downgraded to C from C+ on 8/9/2023 due to a large decline in the growth index, volatility index and efficiency index. Net income declined 17.65% from $55.01M to $45.3M, earnings per share declined from $0.6389 to $0.5263, and operating cash flow declined 15.63% from $131.5M to $110.94M.
C
Hold 7/12/2023Downgrade
PNM Resources, Inc. (PNM) was downgraded to C+ from B- on 7/12/2023 due to a decline in the total return index and volatility index.
B
Buy 5/30/2023Downgrade
PNM Resources, Inc. (PNM) was downgraded to B- from B on 5/30/2023 due to a decline in the volatility index and total return index.
B
Buy 5/12/2023Upgraded
PNM Resources, Inc. (PNM) was upgraded to B from B- on 5/12/2023 due to a major increase in the growth index, valuation index and volatility index. Earnings per share increased from $0.1828 to $0.6389, and EBIT increased 81.82% from $54.02M to $98.23M.
B
Buy 3/16/2023Upgraded
PNM Resources, Inc. (PNM) was upgraded to B- from C+ on 3/16/2023 due to an increase in the volatility index, valuation index and dividend index.
C
Hold 3/1/2023Downgrade
PNM Resources, Inc. (PNM) was downgraded to C+ from B- on 3/1/2023 due to a noticeable decline in the growth index, volatility index and solvency index. Earnings per share declined from $1.42 to $0.1828, EBIT declined 70.35% from $182.18M to $54.02M, and operating cash flow declined 33.32% from $209.63M to $139.79M.
B
Buy 10/28/2022Upgraded
PNM Resources, Inc. (PNM) was upgraded to B- from C+ on 10/28/2022 due to a noticeable increase in the volatility index.
C
Hold 10/18/2022Upgraded
PNM Resources, Inc. (PNM) was upgraded to C+ from C on 10/18/2022 due to an increase in the volatility index, efficiency index and solvency index. Total capital increased 3.64% from $6.16B to $6.39B.
C
Hold 6/21/2022Downgrade
PNM Resources, Inc. (PNM) was downgraded to C from C+ on 6/21/2022 due to a decline in the total return index and volatility index.
C
Hold 6/6/2022Upgraded
PNM Resources, Inc. (PNM) was upgraded to C+ from C on 6/6/2022 due to a noticeable increase in the growth index and total return index. EBIT increased 87.82% from $35.93M to $67.48M, earnings per share increased from $0.1301 to $0.1857, and total revenue increased 2.31% from $434.08M to $444.12M.
C
Hold 3/7/2022Downgrade
PNM Resources, Inc. (PNM) was downgraded to C from C+ on 3/7/2022 due to a decline in the growth index, volatility index and total return index. Earnings per share declined from $1.3166 to $0.1301, EBIT declined 76.15% from $150.66M to $35.93M, and operating cash flow declined 40.43% from $233.95M to $139.36M.
C
Hold 2/25/2022Upgraded
PNM Resources, Inc. (PNM) was upgraded to C+ from C on 2/25/2022 due to an increase in the volatility index and valuation index.
C
Hold 2/9/2022Downgrade
PNM Resources, Inc. (PNM) was downgraded to C from C+ on 2/9/2022 due to a decline in the volatility index and total return index.
C
Hold 1/13/2022Downgrade
PNM Resources, Inc. (PNM) was downgraded to C+ from B- on 1/13/2022 due to a large decline in the total return index and volatility index.
B
Buy 11/29/2021Downgrade
PNM Resources, Inc. (PNM) was downgraded to B- from B on 11/29/2021 due to a decline in the total return index, volatility index and valuation index.
B
Buy 11/5/2021Upgraded
PNM Resources, Inc. (PNM) was upgraded to B from B- on 11/5/2021 due to an increase in the total return index, volatility index and solvency index. The quick ratio increased from 0.37 to 0.61, and debt to equity declined from 1.7 to 1.65.
B
Buy 10/4/2021Upgraded
PNM Resources, Inc. (PNM) was upgraded to B- from C+ on 10/4/2021 due to an increase in the volatility index, total return index and valuation index.
C
Hold 9/17/2021Downgrade
PNM Resources, Inc. (PNM) was downgraded to C+ from B- on 9/17/2021 due to a decline in the volatility index, valuation index and dividend index.
B
Buy 8/17/2021Upgraded
PNM Resources, Inc. (PNM) was upgraded to B- from C+ on 8/17/2021 due to an increase in the volatility index and valuation index.
C
Hold 8/2/2021Downgrade
PNM Resources, Inc. (PNM) was downgraded to C+ from B- on 8/2/2021 due to a decline in the valuation index, volatility index and efficiency index.
B
Buy 7/23/2021Upgraded
PNM Resources, Inc. (PNM) was upgraded to B- from C+ on 7/23/2021 due to an increase in the volatility index and valuation index.
C
Hold 6/23/2021Downgrade
PNM Resources, Inc. (PNM) was downgraded to C+ from B- on 6/23/2021 due to a decline in the volatility index and solvency index. The quick ratio declined from 0.25 to 0.12, and debt to equity increased from 1.64 to 1.7.
B
Buy 4/9/2021Upgraded
PNM Resources, Inc. (PNM) was upgraded to B- from C+ on 4/9/2021 due to a noticeable increase in the total return index, volatility index and valuation index.
C
Hold 11/9/2020Upgraded
PNM Resources, Inc. (PNM) was upgraded to C+ from C on 11/9/2020 due to an increase in the growth index, valuation index and total return index. Operating cash flow increased 180.86% from $71.98M to $202.18M, earnings per share increased from $0.72 to $1.52, and EBIT increased 109.82% from $69.74M to $146.32M.
C
Hold 10/23/2020Downgrade
PNM Resources, Inc. (PNM) was downgraded to C from C+ on 10/23/2020 due to a decline in the valuation index and dividend index.
C
Hold 10/8/2020Upgraded
PNM Resources, Inc. (PNM) was upgraded to C+ from C on 10/8/2020 due to a noticeable increase in the volatility index and total return index.
C
Hold 7/31/2020Upgraded
PNM Resources, Inc. (PNM) was upgraded to C from C- on 7/31/2020 due to a significant increase in the growth index, valuation index and efficiency index. Earnings per share increased from -$0.1911 to $0.72, net income increased 476.73% from -$15.26M to $57.49M, and EBIT increased 50.62% from $46.25M to $69.67M.
C
Hold 5/6/2020Downgrade
PNM Resources, Inc. (PNM) was downgraded to C- from C on 5/6/2020 due to a large decline in the valuation index, volatility index and solvency index. The quick ratio declined from 0.17 to 0.15, and debt to equity increased from 1.92 to 2.05.
C
Hold 3/19/2020Downgrade
PNM Resources, Inc. (PNM) was downgraded to C from C+ on 3/19/2020 due to a major decline in the volatility index and total return index.
C
Hold 3/4/2020Upgraded
PNM Resources, Inc. (PNM) was upgraded to C+ from C on 3/4/2020 due to a large increase in the valuation index, efficiency index and volatility index. Total capital increased 1.18% from $5.03B to $5.09B.
C
Hold 8/5/2019Downgrade
PNM Resources, Inc. (PNM) was downgraded to C from B on 8/5/2019 due to a significant decline in the growth index, valuation index and efficiency index. Earnings per share declined from $0.23 to -$0.95, net income declined 505.96% from $18.7M to -$75.91M, and EBIT declined 365.9% from $35.67M to -$94.84M.
B
Buy 6/10/2019Upgraded
PNM Resources, Inc. (PNM) was upgraded to B from B- on 6/10/2019 due to an increase in the total return index and volatility index.
B
Buy 5/24/2019Downgrade
PNM Resources, Inc. (PNM) was downgraded to B- from B on 5/24/2019 due to a decline in the valuation index, volatility index and dividend index.
B
Buy 5/9/2019Upgraded
PNM Resources, Inc. (PNM) was upgraded to B from B- on 5/9/2019 due to a significant increase in the growth index and solvency index. EBIT increased 304.95% from -$17.4M to $35.67M, earnings per share increased from -$0.6889 to $0.23, and the quick ratio increased from 0.33 to 0.5.
B
Buy 3/6/2019Upgraded
PNM Resources, Inc. (PNM) was upgraded to B- from C+ on 3/6/2019 due to a noticeable increase in the total return index, volatility index and valuation index.
C
Hold 5/11/2018Upgraded
PNM Resources, Inc. (PNM) was upgraded to C+ from C on 5/11/2018 due to a noticeable increase in the growth index and solvency index. Earnings per share increased from -$0.6789 to $0.1877, and EBIT increased 101.13% from $22.94M to $46.13M.
C
Hold 3/22/2018Downgrade
PNM Resources, Inc. (PNM) was downgraded to C from C+ on 3/22/2018 due to a decline in the volatility index, total return index and valuation index.
C
Hold 3/12/2018Downgrade
PNM Resources, Inc. (PNM) was downgraded to C+ from B on 3/12/2018 due to a significant decline in the growth index, valuation index and volatility index. Earnings per share declined from $0.92 to -$0.6789, EBIT declined 83.9% from $142.48M to $22.94M, and operating cash flow declined 50.34% from $215.72M to $107.13M.
B
Buy 12/29/2017Downgrade
PNM Resources, Inc. (PNM) was downgraded to B from B+ on 12/29/2017 due to a decline in the total return index.
B
Buy 12/28/2017Downgrade
PNM Resources, Inc. (PNM) was downgraded to B+ from A- on 12/28/2017 due to a major decline in the total return index and volatility index.
A
Buy 12/7/2017Downgrade
PNM Resources, Inc. (PNM) was downgraded to A- from A on 12/7/2017 due to a noticeable decline in the total return index and dividend index.
A
Buy 10/19/2017Upgraded
PNM Resources, Inc. (PNM) was upgraded to A from A- on 10/19/2017 due to an increase in the total return index and volatility index.
A
Buy 10/9/2017Upgraded
PNM Resources, Inc. (PNM) was upgraded to A- from B+ on 10/9/2017 due to a noticeable increase in the total return index, volatility index and valuation index.
B
Buy 8/23/2017Upgraded
PNM Resources, Inc. (PNM) was upgraded to B+ from B on 8/23/2017 due to a significant increase in the growth index, total return index and volatility index. Earnings per share increased from $0.2866 to $0.47, EBIT increased 52.08% from $55.96M to $85.11M, and total revenue increased 9.73% from $330.18M to $362.32M.
B
Buy 3/3/2017Upgraded
PNM Resources, Inc. (PNM) was upgraded to B from C on 3/3/2017 due to a significant increase in the valuation index, growth index and efficiency index. Total capital increased 0.03% from $4.43B to $4.44B.
C
Hold 8/11/2016Downgrade
PNM Resources, Inc. (PNM) was downgraded to C from C+ on 8/11/2016 due to a noticeable decline in the growth index, volatility index and efficiency index. Operating cash flow declined 65.29% from $90.6M to $31.44M.
C
Hold 5/4/2016Upgraded
PNM Resources, Inc. (PNM) was upgraded to C+ from C on 5/4/2016 due to a noticeable increase in the growth index and dividend index. EBIT increased 134.84% from -$119.14M to $41.51M, earnings per share increased from -$1.1461 to $0.13, and operating cash flow increased 76.6% from $51.3M to $90.6M.
C
Hold 3/4/2016Downgrade
PNM Resources, Inc. (PNM) was downgraded to C from A- on 3/4/2016 due to a significant decline in the growth index, valuation index and efficiency index. Earnings per share declined from $0.76 to -$1.1461, net income declined 249.76% from $61.05M to -$91.42M, and EBIT declined 198.05% from $121.51M to -$119.14M.
A
Buy 3/2/2016Upgraded
PNM Resources, Inc. (PNM) was upgraded to A- from B+ on 3/2/2016 due to a noticeable increase in the total return index and volatility index.
B
Buy 2/18/2016Upgraded
PNM Resources, Inc. (PNM) was upgraded to B+ from B on 2/18/2016 due to a significant increase in the volatility index, total return index and growth index. Operating cash flow increased 426.08% from $42.94M to $225.9M, earnings per share increased from $0.3971 to $0.76, and EBIT increased 67.79% from $72.41M to $121.51M.
B
Buy 10/15/2015Upgraded
PNM Resources, Inc. (PNM) was upgraded to B from B- on 10/15/2015 due to an increase in the total return index, volatility index and growth index.
B
Buy 8/24/2015Downgrade
PNM Resources, Inc. (PNM) was downgraded to B- from B on 8/24/2015 due to a significant decline in the volatility index, total return index and solvency index. The quick ratio declined from 0.44 to 0.3.
B
Buy 2/27/2015Downgrade
PNM Resources, Inc. (PNM) was downgraded to B from A- on 2/27/2015 due to a significant decline in the growth index, total return index and solvency index. Earnings per share declined from $0.6937 to $0.2387, operating cash flow declined 56.22% from $202.44M to $88.64M, and EBIT declined 46.19% from $116.8M to $62.85M.
A
Buy 2/17/2015Downgrade
PNM Resources, Inc. (PNM) was downgraded to A- from A on 2/17/2015 due to a decline in the volatility index, total return index and solvency index.
A
Buy 1/26/2015Upgraded
PNM Resources, Inc. (PNM) was upgraded to A from A- on 1/26/2015 due to a large increase in the total return index, volatility index and solvency index.
A
Buy 12/19/2014Upgraded
PNM Resources, Inc. (PNM) was upgraded to A- from B+ on 12/19/2014 due to an increase in the total return index and volatility index.
B
Buy 11/21/2014Upgraded
PNM Resources, Inc. (PNM) was upgraded to B+ from C+ on 11/21/2014 due to a significant increase in the growth index, valuation index and efficiency index. Operating cash flow increased 326.96% from $47.41M to $202.44M, earnings per share increased from $0.36 to $0.69, and net income increased 90.98% from $29.14M to $55.65M.
C
Hold 3/5/2014Downgrade
PNM Resources, Inc. (PNM) was downgraded to C+ from B on 3/5/2014 due to a significant decline in the valuation index, solvency index and dividend index. The quick ratio declined from 0.62 to 0.43, and debt to equity increased from 1.12 to 1.13.
Weiss Ratings