As per PNM Resources, Inc. (Holding Co.) (NYSE:PNM) statement on 2016-07-27, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.22 per share as dividend to stakeholders. The record date is set as 2016-08-08, the payout date as 2016-08-22 and the ex-dividend date is 2016-08-04.
Last fiscal PNM Resources, Inc. (Holding Co.) (NYSE:PNM) disbursed cash dividend of $0.22. A year ago, the payout was $0.22, which indicates a difference of 8.1081%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.22, implying 9.8561% growth.
For the period ended on 2015-12-31, PNM Resources, Inc. (Holding Co.) (NYSE:PNM)’s earnings came at $0.4 per share compared to EPS of $0.76 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-04. For this quarter, the analysts have earnings estimate of $0.8 per share.
The interim price target for PNM Resources, Inc. (Holding Co.) (NYSE:PNM) is set at $36.4. This level is the mean price reached by averaging the stock views of 5 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for PNM Resources, Inc. (Holding Co.) (NYSE:PNM) is seen at $39 and the lowest level is established at $35. This broad range highlights a standard deviation of $1.673 in reported estimates.
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