On 2016-07-27, PNM Resources, Inc. (Holding Co.) (NYSE:PNM) confirmed the dividend disbursement of $0.22 a share to shareholders as on record 2016-08-08. The firm will release dividend on 2016-08-22 while ex-dividend date is reported to be 2016-08-04.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, PNM Resources, Inc. (Holding Co.) (NYSE:PNM) paid a total of $0.22 per share in dividends. This figure stood at $0.22 a share in the same period a year ago indicating a deviation of 8.1081%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $36.2 on the stock. This figure is the average of recommendations offered by 5 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $39 and $34, respectively.
Taking the mathematical rating formula, the price for PNM Resources, Inc. (Holding Co.) (NYSE:PNM) stands at 1.86. Earnings Review PNM Resources, Inc. (Holding Co.) (NYSE:PNM) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-04. For the period ending on 2016-09-30, experts are expecting EPS of $0.8.
Coming to the quarter ending on 2015-12-31, PNM Resources, Inc. (Holding Co.) (NYSE:PNM) recorded EPS of $0.4. The reported numbers came lower than the analysts’ estimates of $0.37, demonstrating a miss of $0.03 as against reported figures.
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