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NYSE: PNM
Pnm Resources Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for PNM

Based on 1 analyst offering 12 month price targets for Pnm Resources Inc.
Min Forecast
$51.00+13.94%
Avg Forecast
$51.00+13.94%
Max Forecast
$51.00+13.94%

Should I buy or sell PNM stock?

Based on 1 analyst offering ratings for Pnm Resources Inc.
Hold
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
1 analysts 100%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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PNM stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Citigroup
Bottom 13%
13
HoldMaintains$51.00+13.94%2023-09-18

1 of 1

Forecast return on equity

Is PNM forecast to generate an efficient return?
Company
10.13%
Industry
11.37%
Market
33.97%
PNM's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is PNM forecast to generate an efficient return on assets?
Company
2.38%
Industry
3.11%
PNM is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

PNM vs Regulated Electric Utility Stocks

TickerPricePrice TargetUp/downsideConsensus
PNM$44.76$51.00+13.94%Hold
ENIC$3.08N/AN/A
POR$43.23$48.25+11.61%Buy
IDA$96.91$102.50+5.77%Hold
MGEE$73.44$65.00-11.49%Strong Sell
View Top Regulated Electric Utility Stocks

Pnm Resources Stock Forecast FAQ

Is Pnm Resources Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NYSE: PNM) stock is to Hold PNM stock.

Out of 1 analyst, 0 (0%) are recommending PNM as a Strong Buy, 0 (0%) are recommending PNM as a Buy, 1 (100%) are recommending PNM as a Hold, 0 (0%) are recommending PNM as a Sell, and 0 (0%) are recommending PNM as a Strong Sell.

If you're new to stock investing, here's how to buy Pnm Resources stock.

What is PNM's forecast return on equity (ROE) for 2023-2023?

(NYSE: PNM) forecast ROE is 10.13%, which is considered weak.

What is PNM's Price Target?

According to 1 Wall Street analyst that have issued a 1 year PNM price target, the average PNM price target is $51.00, with the highest PNM stock price forecast at $51.00 and the lowest PNM stock price forecast at $51.00.

The Wall Street analyst predicted that Pnm Resources's share price could reach $51.00 by Sep 18, 2024. The average Pnm Resources stock price prediction forecasts a potential upside of 13.94% from the current PNM share price of $44.76.

What is PNM's forecast return on assets (ROA) for 2023-2023?

(NYSE: PNM) forecast ROA is 2.38%, which is lower than the forecast US Utilities - Regulated Electric industry average of 3.11%.
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