How to Buy Txnm Energy Stock
Txnm Energy Inc
Txnm Energy is a regulated electric utility company located in New Mexico, United States, which is part of the Utilities sector, and is traded under the ticker TXNM on the NYSE exchange.
Txnm Energy stock last closed at $51.51, down 3.54% from the previous day, and has increased 40.39% in one year. It has overperformed other stocks in the Utilities - Regulated Electric industry by 0.21 percentage points. Txnm Energy stock is currently +45.69% from its 52-week low of $35.36, and -7.19% from its 52-week high of $55.50.
As of Apr 21, 2025, there are 92.66M shares of TXNM outstanding. The market cap of TXNM is $4.77B. In the past 24 hours, 1.26M TXNM shares were traded.
How to Buy Txnm Energy Stock
Not sure how to invest in Txnm Energy stock? Here's how.
- Choose where to buy Txnm Energy stock: You need to choose an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you figure out where to buy Txnm Energy stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your investment account: Select your payment method and add your information.
- Research Txnm Energy stock: The Txnm Energy ticker symbol is TXNM. Is Txnm Energy stock a good investment? Should you buy shares of TXNM? How do TXNM's underlying business fundamentals look? Do top analysts think Txnm Energy is a good buy? Why has TXNM's stock price moved recently? (Hint: Our stock research website can help you understand if TXNM is a good stock to buy).
- Execute your TXNM buy order: Decide if you will purchase TXNM shares at the current market price or use a limit order to purchase TXNM shares at a given price.
- Monitor your TXNM position: Create a watchlist to keep tabs on your investment in Txnm Energy stock.
Step 1: Choose where to buy Txnm Energy stock
You will need a brokerage account in order to access the NYSE market and buy TXNM stock.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the right brokerage, you'll need to fill out some personal details so you are able to buy TXNM today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to create a new trading account.
- Send your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've created your account on the best beginner stock app, you can securely and quickly fund your account:
Watch the tutorial below if you need help transferring funds into your new brokerage account.
Step 4: Research Txnm Energy stock
Once you have chosen the best place to buy Txnm Energy stock, it's critical to research their stock before you invest, so you can understand the risk as well as the upside.
Txnm Energy Numbers
TXNM Overview
WallStreetZen was designed to help everyday investors perform more in-depth fundamental analysis.
You can see all of the due diligence checks on TXNM's stock page.
Is TXNM stock properly valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge TXNM's true value.
Using relative valuations methods:
- TXNM could be undervalued based on its P/E ratio of 19.29x, relative to Utilities - Regulated Electric industry P/E ratio of 20.27x
- TXNM could be undervalued based on its P/B ratio of 1.88x, relative to Utilities - Regulated Electric industry P/B ratio of 1.89x
- TXNM could be overvalued based on its PEG ratio of 2.35x
You can access more valuation research on TXNM's stock here.
TXNM Financial Overview
Pros:
- TXNM profit margin has gone up from 4.5% to 12.3% in the past year.
Cons:
- Total TXNM debt is higher than 5 years ago, relative to shareholder equity.
- TXNM has cash burn of 736041000. It does not have enough cash and short-term investments to cover this.
- TXNM has $4.50M in cash and short term investments. This is not enough to cover its annual cash burn of $736.04M.
- TXNM has a relatively high debt to equity ratio of 3.4.
- There are more long-term liabilities than short-term assets on the TXNM balance sheet.
- There are more short-term liabilities than short-term assets on the TXNM balance sheet.
Is TXNM stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 6 Equities analysts who give ratings on TXNM, the consensus analyst rating on TXNM is a Buy
Please note that analyst ratings are not stock recommendations, nor are they financial advice.
Most Recent TXNM Analyst Upgrades/Downgrades
Ryan Levine, a bottom 10% analyst from Citigroup maintains TXNM with a hold rating and raises their TXNM price target from $45.00 to $53.00, on Dec 12, 2024.
Jonathan Reeder, a top 26% analyst from Wells Fargo maintains TXNM with a strong buy rating and raises their TXNM price target from $49.00 to $53.00, on Nov 26, 2024.
You can dig deeper into what analysts are saying on the Txnm Energy stock forecast page.
TXNM Technicals
TXNM Revenue
Last year, TXNM earnings were $241.63M. During the past five year, TXNM's earnings have gone up by 22.45% per year. This was faster than the Utilities - Regulated Electric industry average of 3.11%.
Last year, TXNM revenue was $1.97B. Over the past 5 year, TXNM's revenue has gone up by 6.22% per year. This was faster than the Utilities - Regulated Electric industry average of 3.48%.
Dig into TXNM's earnings and revenue performance here.
Who is buying/selling TXNM?
Over the past 12 months, insiders at TXNM have sold more shares than they have bought.
Gerald R. Bischoff, VP and Corporate Controller of TXNM, was the latest TXNM insider to sell. They sold $6,880.32 worth of TXNM shares on Mar 7, 2025.
Dig into more about who owns TXNM shares here.
Can I rely on TXNM as an income stream?
Txnm Energy pays a dividend of 3.05%, compared to the Utilities - Regulated Electric industry's average dividend yield of 3%. If you owned $1,000 worth of TXNM stock, you would have been paid $30.53 in the past 12 months.
Txnm Energy dividend payments have consistently grown over the past decade and have remained stable.
Find more info about Txnm Energy dividend yield and history here.
TXNM Social Trading Data
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Execute your TXNM buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually the easiest way to buy. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given price limit, use a limit order.
Press the Open Trade button and eToro will execute the order.
If you want more assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Monitor your TXNM position
Now that you own some TXNM stock, you'll want to stay up-to-date on your investment.
Put TXNM on a watchlist to track the most important metrics related to your TXNM stock.
TXNM Feed
How to Buy Stock in Txnm Energy
To summarize, here are the 6 steps to buy Txnm Energy stock:
- Choose where to buy Txnm Energy stock
- Create your brokerage account
- Fund your investment account
- Research Txnm Energy stock
- Execute your TXNM buy order
- Monitor your TXNM position
If you require a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep an eye on your investment in Txnm Energy, click the button below.
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