PNM Resources, Inc. (PNM) EPS Estimated At $0.23

April 16, 2018 - By reb123z

PNM Resources, Inc. (NYSE:PNM) LogoInvestors sentiment increased to 1.59 in Q4 2017. Its up 0.31, from 1.28 in 2017Q3. It improved, as 16 investors sold PNM Resources, Inc. shares while 69 reduced holdings. 53 funds opened positions while 82 raised stakes. 72.49 million shares or 0.24% more from 72.32 million shares in 2017Q3 were reported.
Martingale Asset L P holds 0.03% or 62,225 shares in its portfolio. Pinnacle Associates Limited holds 0.02% or 22,850 shares in its portfolio. New Mexico Educational Retirement Board invested in 0.03% or 19,700 shares. James Invest Research holds 223,574 shares. Tower Capital Limited Liability (Trc) holds 0% or 420 shares. Barclays Plc holds 109,547 shares or 0% of its portfolio. Northern Corp invested in 0.02% or 2.20M shares. Balyasny Asset Mgmt accumulated 5,200 shares. Nuveen Asset Limited Liability Corporation has invested 0.09% in PNM Resources, Inc. (NYSE:PNM). 33,396 are owned by Massachusetts Fincl Ma. Loomis Sayles & Limited Partnership reported 0% in PNM Resources, Inc. (NYSE:PNM). Ubs Asset Management Americas Inc has 0% invested in PNM Resources, Inc. (NYSE:PNM) for 63,216 shares. Paloma Prtn invested 0.01% of its portfolio in PNM Resources, Inc. (NYSE:PNM). Amp Cap Investors Limited holds 0.01% of its portfolio in PNM Resources, Inc. (NYSE:PNM) for 24,289 shares. Convergence Investment Prtnrs Ltd Limited Liability Company invested in 0.33% or 60,327 shares.

Since March 2, 2018, it had 0 buys, and 3 insider sales for $272,457 activity. TARRY JOSEPH DON sold $105,458 worth of stock or 2,954 shares. Shares for $113,674 were sold by Darnell Ronald N. on Friday, March 2.

Analysts expect PNM Resources, Inc. (NYSE:PNM) to report $0.23 EPS on April, 27.They anticipate $0.05 EPS change or 17.86 % from last quarter’s $0.28 EPS. PNM’s profit would be $18.32M giving it 42.07 P/E if the $0.23 EPS is correct. After having $0.24 EPS previously, PNM Resources, Inc.’s analysts see -4.17 % EPS growth. The stock increased 2.38% or $0.9 during the last trading session, reaching $38.7. About 404,603 shares traded. PNM Resources, Inc. (NYSE:PNM) has risen 0.93% since April 16, 2017 and is uptrending. It has underperformed by 10.62% the S&P500.

PNM Resources, Inc. (NYSE:PNM) Ratings Coverage

Among 8 analysts covering Pnm Resources Inc (NYSE:PNM), 0 have Buy rating, 2 Sell and 6 Hold. Therefore 0 are positive. Pnm Resources Inc had 21 analyst reports since October 18, 2017 according to SRatingsIntel. As per Monday, October 30, the company rating was maintained by Mizuho. Wells Fargo maintained PNM Resources, Inc. (NYSE:PNM) on Wednesday, February 28 with “Market Perform” rating. SunTrust maintained PNM Resources, Inc. (NYSE:PNM) rating on Monday, April 2. SunTrust has “Hold” rating and $3700 target. The firm earned “Hold” rating on Monday, February 5 by SunTrust. The rating was maintained by RBC Capital Markets with “Hold” on Thursday, February 1. SunTrust maintained PNM Resources, Inc. (NYSE:PNM) on Monday, February 12 with “Hold” rating. The rating was maintained by SunTrust with “Hold” on Monday, October 30. The firm has “Hold” rating by KeyBanc Capital Markets given on Wednesday, October 18. Mizuho maintained the stock with “Sell” rating in Thursday, January 11 report. The stock has “Hold” rating by SunTrust on Monday, December 11.

PNM Resources, Inc., through its subsidiaries, engages in the energy and energy-related businesses in the United States. The company has market cap of $3.08 billion. It operates through Public Service Company of New Mexico and Texas-New Mexico Power Company (TNMP) divisions. It has a 38.7 P/E ratio. The PNM segment is primarily involved in the generation, transmission, and distribution of electricity.

PNM Resources, Inc. (NYSE:PNM) Institutional Positions Chart

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