In the latest trading session,, 3.77 million TXNM Energy Inc (NYSE:TXNM) shares changed hands as the company’s beta touched 0.11. With the company’s most recent per share price at $56.76 changing hands around $3.88 or 7.34% at last look, the market valuation stands at $5.26B. TXNM’s last price was a premium, traded about 0.46% off its 52-week high of $56.50. The share price had its 52-week low at $35.56, which suggests the last value was 37.35% up since then.
TXNM Energy Inc (NYSE:TXNM) trade information
Instantly TXNM is in green as seen in intraday trades today. With action 7.09%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 15.44%, with the 5-day performance at 7.09% in the green. However, in the 30-day time frame, TXNM Energy Inc (NYSE:TXNM) is 6.29% up.
The consensus price target for the stock as assigned by Wall Street analysts is 52, meaning bulls need a downside of -9.15% from its recent market value. According to analyst projections, TXNM’s forecast low is 47 with 53 as the target high. To hit the forecast high, the stock’s price needs a 6.62% surge from its current level, while the stock would need to tank 17.2% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 22.55%. The 2025 estimates are for TXNM Energy Inc earnings to increase by 1.85%, but the outlook for the next 5-year period is at 7.45% per year.
TXNM Dividends
TXNM Energy Inc is expected to release its next quarterly earnings report in June. The 2.80% annual yield figure for the share gives it an annual dividend of 1.59. It is important to note, however, that the 2.80% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
Among Mutual Funds, the top two as of Dec 31, 2024 were UNDISCOVERED MANAGERS Fd.S-Undiscovered Managers Behavioral Value Fd. and iShares Trust-iShares Core S&P Mid-Cap ETF . With 3.34 shares estimated at $189.36 million under it, the former controlled 3.61% of total outstanding shares. On the other hand, iShares Trust-iShares Core S&P Mid-Cap ETF held about 3.18% of the shares, roughly 2.95 shares worth around $166.93 million.
