Pinnacle West Capital (PNW) Stock Price, News & Analysis

Company Overview

Pinnacle West Capital Corporation is a publicly traded utility holding company headquartered in Phoenix, Arizona. Through its principal subsidiary, Arizona Public Service Company (APS), Pinnacle West generates, transmits and distributes electricity to more than one million residential, commercial and industrial customers across central and southern Arizona. The company’s regulated operations focus on delivering safe, reliable power while meeting evolving environmental standards.

The company’s diversified generation portfolio includes natural gas–fired plants, the nuclear-powered Palo Verde Generating Station—the largest nuclear facility in the United States by net output—plus growing investments in solar and battery storage projects. Pinnacle West also pursues grid modernization initiatives, energy‐efficiency programs and demand‐response solutions designed to enhance system resiliency and support Arizona’s long‐term clean energy goals.

Established in 1985 as the holding company for APS, Pinnacle West traces its origins to the founding of Phoenix Light and Fuel Company in 1886. Over more than a century of operations, the company has expanded its footprint through infrastructure upgrades and strategic renewables investments to meet rising energy demand in one of the fastest‐growing regions in the U.S. Its board and executive leadership draw on decades of utility and energy‐industry experience to guide ongoing efforts in sustainability, customer service and reliable electricity delivery.

Key Stats

• Today's Range: $88.29 to $89.30
• 50-Day Range: $88.53 to $94.45
• 52-Week Range: $81.47 to $96.50
• Volume: 720,890 shs
• Average Volume: 1.16 million shs
• Market Capitalization: $10.60 billion
• P/E Ratio: 18.30
• Dividend Yield: 4.03%
• Price Target: $97.22
• Consensus Rating: Hold

Pinnacle West Capital Stock Analysis - MarketRank™

Pinnacle West Capital scored higher than 81% of companies evaluated by MarketBeat, and ranked 33rd out of 97 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

Pinnacle West Capital has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 4 buy ratings, 6 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Pinnacle West Capital has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -11.70%

Earnings Growth

Earnings for Pinnacle West Capital are expected to decrease by -11.70% in the coming year, from $5.13 to $4.53 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Pinnacle West Capital is 18.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 269.61.

Price to Earnings Ratio vs. Sector

The P/E ratio of Pinnacle West Capital is 18.30, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 51.12.

Price to Earnings Growth Ratio

Pinnacle West Capital has a PEG Ratio of 9.23. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Pinnacle West Capital has a P/B Ratio of 1.55. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.36% of the outstanding shares of Pinnacle West Capital have been sold short.

Short Interest Ratio / Days to Cover

Pinnacle West Capital has a short interest ratio ("days to cover") of 4.6.

Change versus previous month

Short interest in Pinnacle West Capital has recently decreased by 0.95%, indicating that investor sentiment is improving.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Pinnacle West Capital is a leading dividend payer. It pays a dividend yield of 4.01%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Pinnacle West Capital does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Pinnacle West Capital is 73.81%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on EPS estimates, Pinnacle West Capital will have a dividend payout ratio of 79.03% in the coming year. This indicates that Pinnacle West Capital may not be able to sustain their current dividend.

Sustainability and ESG

• Score: 1.4 / 5
• Environmental Score: -5.68

Percentage of Shares Shorted

4.36% of the outstanding shares of Pinnacle West Capital have been sold short.

Short Interest Ratio / Days to Cover

Pinnacle West Capital has a short interest ratio ("days to cover") of 4.6.

Change versus previous month

Short interest in Pinnacle West Capital has recently decreased by 0.95%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.6 / 5
• News Sentiment: 1.42

News Sentiment

Pinnacle West Capital has a news sentiment score of 1.42. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.82 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for Pinnacle West Capital this week, compared to 10 articles on an average week.

Search Interest

7 people have searched for PNW on MarketBeat in the last 30 days. This is an increase of 250% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Pinnacle West Capital insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $600,036.00 in company stock.

Percentage Held by Insiders

Only 0.23% of the stock of Pinnacle West Capital is held by insiders.

Percentage Held by Institutions

91.51% of the stock of Pinnacle West Capital is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PNW Stock Analysis - Frequently Asked Questions

How have PNW shares performed this year?

Pinnacle West Capital's stock was trading at $84.77 at the start of the year. Since then, PNW shares have increased by 4.7% and is now trading at $88.7580.

How were Pinnacle West Capital's earnings last quarter?

Pinnacle West Capital Corporation (NYSE:PNW) announced its quarterly earnings results on Wednesday, August, 6th. The utilities provider reported $1.58 earnings per share for the quarter, meeting the consensus estimate of $1.58. The company's quarterly revenue was up 3.8% on a year-over-year basis.
Read the conference call transcript.

Who are Pinnacle West Capital's major shareholders?

Top institutional investors of Pinnacle West Capital include Vanguard Group Inc. (12.38%), Invesco Ltd. (3.56%), Geode Capital Management LLC (2.53%) and ATLAS Infrastructure Partners UK Ltd. (2.40%). Insiders that own company stock include Kathryn L Munro, Robert Edgar Smith, Susan T Flanagan, Jacob Tetlow, Theodore N Geisler and Barbara D Lockwood.
View institutional ownership trends.

How do I buy shares of Pinnacle West Capital?

Shares of PNW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Pinnacle West Capital own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Pinnacle West Capital investors own include Chevron (CVX), NVIDIA (NVDA), Verizon Communications (VZ), Exxon Mobil (XOM), JPMorgan Chase & Co. (JPM), Meta Platforms (META) and AbbVie (ABBV).

Company Calendar

• Record date for 9/2 Dividend: 8/01/2025
• Ex-Dividend for 9/2 Dividend: 8/01/2025
• Last Earnings: 8/06/2025
• Dividend Payable: 9/02/2025
• Today: 9/03/2025
• Next Earnings (Estimated): 11/05/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Utilities
• Industry: UTIL - ELEC PWR
• Sub-Industry: Electric Utilities
• Current Symbol: NYSE:PNW
• CIK: 764622
• Web: www.pinnaclewest.com
• Phone: (602) 250-1000
• Fax: 602-379-2625
• Employees: 6,403
• Year Founded: 1894

Price Target and Rating

• Average Price Target for Pinnacle West Capital: $97.22
• High Price Target: $104.00
• Low Price Target: $89.00
• Potential Upside/Downside: +9.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.40
• Research Coverage: 10 Analysts

Profitability

• EPS (Trailing Twelve Months): $4.85
• Trailing P/E Ratio: 18.25
• Forward P/E Ratio: 17.26
• P/E Growth: 9.23
• Net Income: $608.81 million
• Net Margins: 10.96%
• Pretax Margin: 13.25%
• Return on Equity: 8.45%
• Return on Assets: 2.12%

Debt

• Debt-to-Equity Ratio: 1.25
• Current Ratio: 0.52
• Quick Ratio: 0.37

Sales & Book Value

• Annual Sales: $5.12 billion
• Price / Sales: 2.06
• Cash Flow: $17.36 per share
• Price / Cash Flow: 5.10
• Book Value: $57.17 per share
• Price / Book: 1.55

Miscellaneous

• Outstanding Shares: 119,430,000
• Free Float: 119,152,000
• Market Cap: $10.57 billion
• Optionable: Optionable
• Beta: 0.45