PNM Resources (PNM) Tops Q2 EPS by 5c; Reaffirms FY17 EPS Guidance

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PNM Resources (PNM) PT Raised to $40 at Jefferies Following 2Q

July 31, 2017 8:03 AM EDT

Jefferies raised its price target on PNM Resources (NYSE: PNM) to $40.00 (from $38.00) while maintaining a Hold rating. PNM reported strong 2Q EPS of $0.49 which compares to Street estimates of $0.44. Results were driven by a $0.10 improvement at PSNM due to rate relief and higher... More

PNM Resources (PNM) Declares $0.2425 Quarterly Dividend; 2.5% Yield

July 28, 2017 5:40 AM EDT

PNM Resources (NYSE: PNM) declared a quarterly dividend of $0.2425 per share, or $0.97 annualized.

The dividend will be payable on August 14, 2017, to stockholders of record on August 7, 2017, with an ex-dividend date of August 3, 2017.

The annual yield on the dividend is 2.5... More