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

Company Overview

Pinnacle West Capital Corporation (NYSE: PNW) is an energy holding company headquartered in Phoenix, Arizona. Its principal subsidiary, Arizona Public Service Company (APS), is an electric utility that provides power to residential, commercial and industrial customers throughout much of Arizona.

Through APS, Pinnacle West is involved in the generation, transmission and distribution of electricity. Its generation portfolio includes nuclear, natural gas, coal, solar and other renewable energy resources. APS is also the operator and a co-owner of the Palo Verde Generating Station, a nuclear power facility near Phoenix that supplies electricity to customers in Arizona and other parts of the western United States.

Pinnacle West was incorporated in 1985 following the reorganization of the former parent company of APS and has operated as APS's holding company since that time. The company focuses on maintaining and modernizing its electric infrastructure, expanding clean-energy resources and supporting reliable service across the communities served by APS.

Key Stats

• Today's Range: $91.03 to $92.42
• 50-Day Range: $92.06 to $109.30
• 52-Week Range: $85.91 to $111.16
• Volume: 1.20 million shs
• Average Volume: 1.21 million shs
• Market Capitalization: $11.04 billion
• P/E Ratio: 17.45
• Dividend Yield: 4.00%
• Price Target: $104.23
• Consensus Rating: Hold

Pinnacle West Capital Stock Analysis - MarketRank™

Pinnacle West Capital scored higher than 81% of companies evaluated by MarketBeat, and ranked 43rd out of 96 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: 3.3 / 5
• Analyst Rating: Hold

Consensus Rating

Pinnacle West Capital has received a consensus rating of Hold. The company's average rating score is 2.21, and is based on no strong buy ratings, 3 buy ratings, 11 hold ratings, and no sell ratings.

Upside Potential

Pinnacle West Capital has a consensus price target of $104.23, representing about 14.4% upside from its current price of $91.08.

Amount of Analyst Coverage

Pinnacle West Capital has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 18.05%

Earnings Growth

Earnings for Pinnacle West Capital are expected to grow by 18.05% in the coming year, from $4.71 to $5.56 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Pinnacle West Capital is 17.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.94.

Price to Earnings Ratio vs. Sector

The P/E ratio of Pinnacle West Capital is 17.45, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 23.98.

Price to Earnings Growth Ratio

Pinnacle West Capital has a PEG Ratio of 3.40. 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 1.54. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

8.55% of the float of Pinnacle West Capital has been sold short.

Short Interest Ratio / Days to Cover

Pinnacle West Capital has a short interest ratio ("days to cover") of 12.53, which indicates bearish sentiment.

Change versus previous month

Short interest in Pinnacle West Capital has recently increased by 6.19%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Pinnacle West Capital is a leading dividend payer. It pays a dividend yield of 3.90%, 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 69.73%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Pinnacle West Capital will have a dividend payout ratio of 65.47% next year. This indicates that Pinnacle West Capital will be able to sustain or increase its dividend.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: -0.12

News Sentiment

Pinnacle West Capital has a news sentiment score of -0.12. 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 lower news sentiment than the 0.61 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Pinnacle West Capital this week, compared to 3 articles on an average week.

Search Interest

2 people have searched for PNW on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

5 people have added Pinnacle West Capital to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days.

Company Ownership

• Score: 1.4 / 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 $280,805.00 in company stock.

Percentage Held by Insiders

0.19% 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.

Company Calendar

• Record date for 9/1 Dividend: 8/03/2026
• Ex-Dividend for 9/1 Dividend: 8/03/2026
• Last Earnings: 8/04/2026
• Dividend Payable: 9/01/2026
• Today: 9/24/2026
• Next Earnings (Estimated): 11/02/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Utilities
• Industry: Electric Utilities
• Sub-Industry: Electric Utilities
• Current Symbol: NYSE:PNW
• CIK: 764622
• Web: www.pinnaclewest.com
• Phone: (602) 250-1000
• Fax: 602-379-2625
• Employees: 6,610
• Year Founded: 1894

Price Target and Rating

• Average Price Target for Pinnacle West Capital: $104.23
• High Price Target: $129.00
• Low Price Target: $89.00
• Potential Upside/Downside: +14.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.21
• Research Coverage: 14 Analysts

Profitability

• EPS (Trailing Twelve Months): $5.22
• Trailing P/E Ratio: 17.45
• Forward P/E Ratio: 19.34
• P/E Growth: 3.4
• Net Income: $616.53 million
• Net Margins: 11.52%
• Pretax Margin: 13.71%
• Return on Equity: 8.99%
• Return on Assets: 2.08%

Debt

• Debt-to-Equity Ratio: 1.38
• Current Ratio: 0.59
• Quick Ratio: 0.41

Sales & Book Value

• Annual Sales: $5.55 billion
• Price / Sales: 1.99
• Cash Flow: $16.74 per share
• Price / Cash Flow: 5.44
• Book Value: $59.21 per share
• Price / Book: 1.54

Miscellaneous

• Outstanding Shares: 121,197,000
• Free Float: 120,967,000
• Market Cap: $11.04 billion
• Optionable: Optionable
• Beta: 0.45