Pinnacle West Capital Corp. Company Profile (NYSE:PNW)

About Pinnacle West Capital Corp.

Pinnacle West Capital Corp. logoPinnacle West Capital Corporation is a holding company that operates primarily through its subsidiaries. The Company operates through electricity segment, which consists of traditional regulated retail and wholesale electricity businesses (primarily electric service to Native Load customers) and related activities, and includes electricity generation, transmission and distribution. Its subsidiaries include Arizona Public Service Company (APS), a vertically integrated electric utility that provides either retail or wholesale electric service to the State of Arizona, with the exceptions of about one-half of the Phoenix metropolitan area, the Tucson metropolitan area and Mohave County in northwestern Arizona; El Dorado Investment Company (El Dorado) and Bright Canyon Energy Corporation (BCE). It owns and leases over 6,200 megawatt (MW) of regulated generation capacity, and holds a mix of both long-term and short-term purchased power agreements for additional capacity.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Electric Utilities
  • Sub-Industry: Electric Utilities
  • Exchange: NYSE
  • Symbol: PNW
  • CUSIP: 72348410
Key Metrics:
  • Previous Close: $79.39
  • 50 Day Moving Average: $76.49
  • 200 Day Moving Average: $75.73
  • 52-Week Range: $111,174,000.00 - $60.70
  • Trailing P/E Ratio: 20.96
  • Foreward P/E Ratio: 18.90
  • P/E Growth: 5.15
  • Market Cap: $8.83B
  • Outstanding Shares: 111,174,000
  • Beta: 0.35
  • Net Margins: 12.02%
  • Return on Equity: 8.94%
  • Return on Assets: 2.80%
  • Debt-to-Equity Ratio: 0.83%
  • Current Ratio: 0.65%
  • Quick Ratio: 0.46%
Additional Links:
Companies Related to Pinnacle West Capital Corp.:

Analyst Ratings

Consensus Ratings for Pinnacle West Capital Corp. (NYSE:PNW) (?)
Ratings Breakdown: 3 Sell Ratings, 6 Hold Ratings
Consensus Rating:Hold (Score: 1.67)
Consensus Price Target: $69.56 (12.39% downside)

Analysts' Ratings History for Pinnacle West Capital Corp. (NYSE:PNW)
DateFirmActionRatingPrice TargetDetails
9/12/2016SunTrust Banks Inc.Lower Price TargetNeutral$75.00 -> $73.00View Rating Details
8/30/2016Williams CapitalReiterated RatingHold$58.00 -> $79.00View Rating Details
8/3/2016MizuhoBoost Price TargetNeutral$70.00 -> $78.00View Rating Details
7/18/2016BMO Capital MarketsReiterated RatingHoldView Rating Details
6/20/2016Royal Bank Of CanadaReiterated RatingSector Perfor$73.00 -> $69.00View Rating Details
3/19/2016Barclays PLCReiterated RatingHoldView Rating Details
2/29/2016Evercore ISIBoost Price Target$66.00 -> $67.00View Rating Details
1/12/2016Bank of America Corp.DowngradeNeutral -> Underperform$63.00View Rating Details
1/12/2016Morgan StanleyDowngradeEqual Weight -> Underweight$64.00View Rating Details
10/19/2015Goldman Sachs Group Inc.DowngradeNeutral -> Sell$61.00 -> $59.00View Rating Details
7/1/2015Credit Suisse Group AGUpgradeNeutral -> Outperform$71.00View Rating Details
5/4/2015Evercore Partners Inc.UpgradeHold -> Buy$67.00 -> $65.00View Rating Details
4/21/2015GuggenheimInitiated CoverageNeutralView Rating Details
2/23/2015Jefferies GroupInitiated CoverageHoldView Rating Details
1/27/2015ArgusDowngradeBuy -> HoldView Rating Details
(Data available from 9/25/2014 forward)


Earnings History for Pinnacle West Capital Corp. (NYSE:PNW)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/2/2016Q216$1.14$1.08$915.40 million$915.40 millionViewN/AView Earnings Details
4/29/2016Q116$0.12$0.04$696.50 million$677.20 millionViewListenView Earnings Details
2/19/2016Q415$0.26$0.37$763.38 million$734.43 millionViewListenView Earnings Details
10/30/2015Q315$2.32$2.30$1.20 billion$1.20 billionViewListenView Earnings Details
7/30/2015Q215$1.23$1.10$933.63 million$890.65 millionViewListenView Earnings Details
5/1/2015Q115$0.18$0.14$726.92 million$671.20 millionViewListenView Earnings Details
2/20/2015Q414$0.20$0.05$733.93 million$726.50 millionViewListenView Earnings Details
10/31/2014Q314$2.15$2.20$1.18 billion$1.17 billionViewListenView Earnings Details
7/31/2014Q214$1.15$1.19$931.65 million$906.26 millionViewListenView Earnings Details
5/2/2014Q114$0.13$0.14$695.78 million$686.25 millionViewListenView Earnings Details
2/21/2014Q413$0.18$0.22$664.58 million$699.76 millionViewListenView Earnings Details
10/31/2013Q313$2.15$2.04$1.11 billion$1.15 billionViewListenView Earnings Details
8/2/2013Q2 2013$1.07$1.18$880.80 million$915.82 millionViewListenView Earnings Details
5/3/2013Q1 2013$0.09$0.22$638.90 million$686.65 millionViewListenView Earnings Details
2/22/2013Q4 2012$0.17$0.24$701.01 million$693.12 millionViewListenView Earnings Details
11/2/2012Q312$2.25$2.21$1.14 billion$1.11 billionViewN/AView Earnings Details
8/2/2012$1.03$1.12ViewN/AView Earnings Details
5/3/2012($0.08)($0.07)ViewN/AView Earnings Details
2/24/2012$0.05$0.11ViewN/AView Earnings Details
11/1/2011$2.11$2.24ViewN/AView Earnings Details
8/2/2011$0.89$0.78ViewN/AView Earnings Details
4/29/2011($0.01)($0.14)ViewN/AView Earnings Details
2/18/2011$0.01$0.06ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Pinnacle West Capital Corp. (NYSE:PNW)
Current Year EPS Consensus Estimate: $3.99 EPS
Next Year EPS Consensus Estimate: $4.20 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.09$0.16$0.13
Q2 20161$1.16$1.16$1.16
Q3 20162$2.45$2.48$2.47
Q4 20162$0.28$0.44$0.36
Q1 20172$0.04$0.18$0.11
Q2 20172$1.12$1.14$1.13
Q3 20172$2.60$2.62$2.61
Q4 20172$0.42$0.43$0.43
Q1 20181$0.05$0.05$0.05
Q2 20181$1.20$1.20$1.20
(Data provided by Zacks Investment Research)


Current Dividend Information for Pinnacle West Capital Corp. (NYSE:PNW)
Annual Dividend:$2.50
Dividend Yield:3.15%
Dividend Growth:4.40% (3 Year Average)
Payout Ratio:65.96% (Based on Trailing 12 Months of Earnings)
62.66% (Based on Current Year Consensus EPS Estimate)
59.52% (Based on Next Year Consensus EPS Estimate)
Track Record:4 Years of Consecutive Dividend Growth

Dividend History for Pinnacle West Capital Corp. (NYSE:PNW)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Pinnacle West Capital Corp. (NYSE:PNW)
Insider Ownership Percentage: 0.70%
Institutional Ownership Percentage: 82.65%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/12/2016John S HatfieldVPSell4,523$75.27$340,446.21View SEC Filing  
6/8/2016Robert S BementSVPSell4,300$75.75$325,725.00View SEC Filing  
5/13/2016Randall K EdingtonEVPSell5,500$73.99$406,945.00View SEC Filing  
5/11/2016Randall K EdingtonEVPSell6,500$73.69$478,985.00View SEC Filing  
5/6/2016Denis A CorteseDirectorSell2,000$72.87$145,740.00View SEC Filing  
3/2/2016Daniel T FroetscherSVPSell1,805$68.30$123,281.50View SEC Filing  
12/7/2015David P FalckEVPSell6,423$62.82$403,492.86View SEC Filing  
11/18/2015Mark A SchiavoniCOOSell4,339$61.70$267,716.30View SEC Filing  
6/9/2015Robert S BementSVPSell5,000$56.82$284,100.00View SEC Filing  
3/10/2015Patrick DinkelVPSell4,195$62.39$261,726.05View SEC Filing  
12/10/2014John S HatfieldVPSell2,554$65.38$166,980.52View SEC Filing  
12/4/2014Mark A SchiavoniCOOSell5,000$65.44$327,200.00View SEC Filing  
12/2/2014David P FalckEVPSell6,450$64.67$417,121.50View SEC Filing  
11/21/2014Jeffrey B GuldnerSVPSell2,332$62.43$145,586.76View SEC Filing  
11/12/2014Daniel T FroetscherSVPSell2,000$61.85$123,700.00View SEC Filing  
12/31/2013Daniel FroetscherVPSell3,000$52.83$158,490.00View SEC Filing  
12/31/2013David FalckEVPSell7,500$52.92$396,900.00View SEC Filing  
5/20/2013Daniel T FroetscherVPSell2,000$60.18$120,360.00View SEC Filing  
5/16/2013Tammy D McleodVPSell4,000$60.00$240,000.00View SEC Filing  
11/23/2012Daniel T FroetscherVPSell2,000$49.16$98,320.00View SEC Filing  
9/4/2012David P FalckEVPSell1,549$52.20$80,857.80View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Pinnacle West Capital Corp. (NYSE:PNW)
DateHeadline logoPINNACLE WEST CAPITAL CORP Files SEC form 8-K, Financial Statements and Exhibits (NYSE:PNW) - September 20 at 12:06 PM logoLow Beta, Dividend Yielding Stocks in Uncertain Markets (NYSE:PNW) - September 13 at 11:42 AM
News IconLnz Capital Lp adds Pinnacle West Capital Corporation (PNW) to its portfolio (NYSE:PNW) - September 9 at 6:28 PM logoPINNACLE WEST CAPITAL CORP Files SEC form 8-K, Creation of a Direct Financial Obligation or an Obligation under an Of (NYSE:PNW) - September 1 at 9:58 AM logoPINNACLE WEST CAPITAL CORP : Other Events (form 8-K) (NYSE:PNW) - August 30 at 6:47 PM logoPinnacle West Capital (PNW) Says Commissioner Burns Filed Subpoenas in APS's Current Retail Rate Proceeding (NYSE:PNW) - August 30 at 6:47 PM logo5 Republicans vie for seats on utility regulation panel (NYSE:PNW) - August 30 at 6:47 PM logoPINNACLE WEST CAPITAL CORP Files SEC form 8-K, Other Events (NYSE:PNW) - August 30 at 6:47 PM logoACC Commissioner Burns issues APS contribution subpoena (NYSE:PNW) - August 25 at 7:00 PM logoApril 2017 Options Now Available For Pinnacle West Capital (PNW) (NYSE:PNW) - August 22 at 11:29 AM logoAPS parent Pinnacle West gets grand jury subpoenas (NYSE:PNW) - August 20 at 6:31 PM logoOversold Conditions For Pinnacle West Capital (PNW) (NYSE:PNW) - August 16 at 7:00 PM logoExelon (EXC) to Invest $31.8B, Gives Road Map for Growth (NYSE:PNW) - August 11 at 10:07 AM logoPINNACLE WEST CAPITAL CORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NYSE:PNW) - August 9 at 7:09 PM logoPinnacle West Capital Corp. :PNW-US: Earnings Analysis: Q2, 2016 By the Numbers : August 8, 2016 (NYSE:PNW) - August 8 at 7:08 PM logoPINNACLE WEST CAPITAL CORP Financials (NYSE:PNW) - August 6 at 6:57 PM logoETF’s with exposure to Pinnacle West Capital Corp. : August 5, 2016 (NYSE:PNW) - August 5 at 7:05 PM logoPacific Star Network Ltd. :PNW-AU: Earnings Analysis: For the six months ended December 31, 2015 : August 4, 2016 (NYSE:PNW) - August 4 at 10:03 AM logoPinnacle West Capital Corp. breached its 50 day moving average in a Bearish Manner : PNW-US : August 4, 2016 (NYSE:PNW) - August 4 at 10:03 AM logoVMware Moves Up In Market Cap Rank, Passing Pinnacle West Capital (NYSE:PNW) - August 3 at 7:15 PM logoPinnacle West Capital's (PNW) CEO Don Brandt on Q2 2016 Results - Earnings Call Transcript (NYSE:PNW) - August 3 at 10:08 AM logoPinnacle West (PNW) Misses on Q2 Earnings, Offers Outlook (NYSE:PNW) - August 2 at 7:13 PM logoPinnacle West Capital Corporation: Pinnacle West Reports 2016 Second-Quarter Results (NYSE:PNW) - August 2 at 11:52 AM logoPinnacle West Capital Corp. Reports 1% Retreat In Q2 Profit (NYSE:PNW) - August 2 at 11:52 AM logoPinnacle West misses 2Q profit forecasts (NYSE:PNW) - August 2 at 11:52 AM logoPinnacle West Reports 2016 Second-Quarter Results (NYSE:PNW) - August 2 at 11:52 AM logoPinnacle West (PNW) Misses Q2 Earnings,Tops Revenue (NYSE:PNW) - August 2 at 11:52 AM logoPINNACLE WEST CAPITAL CORPORATION : ex-dividend day (NYSE:PNW) - July 27 at 7:15 PM logoPinnacle West Capital Corporation (PNW) Ex-Dividend Date Scheduled for July 28 ... (NYSE:PNW) - July 27 at 7:15 PM logoPinnacle West (PNW) Q2 Earnings: Stock to Disappoint? (NYSE:PNW) - July 27 at 9:55 AM logoPinnacle West Capital : Customers Have New Options to Manage Demand Under Approved APS Plan (NYSE:PNW) - July 15 at 5:55 PM logoDid You Know America’s Largest Carbon-Free Energy Source is Located in Arizona and Operated by APS? (NYSE:PNW) - July 15 at 9:00 AM logoCustomers Have New Options To Manage Demand Under Approved APS Plan (NYSE:PNW) - July 14 at 3:08 PM logoPinnacle West Capital Corporation (PNW) is Trading Lower on Unusual Volume for July 06 (NYSE:PNW) - July 8 at 9:47 AM
News IconCoverage Initiated on Select Electric Utilities Equities (NYSE:PNW) - July 8 at 9:15 AM logoPinnacle West Capital Corp. : PNW-US: Dividend Analysis : August 01st, 2016 (record date) : By the numbers : July 6, 2016 (NYSE:PNW) - July 6 at 1:07 PM logoPinnacle West Sets Date for 2016 Second-Quarter Financial Results, Webcast/Conference Call (NYSE:PNW) - July 1 at 4:51 PM logoAPS Announces Executive Changes at Palo Verde (NYSE:PNW) - June 28 at 4:00 PM logoPINNACLE WEST CAPITAL CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Ex (NYSE:PNW) - June 28 at 2:07 PM logoPinnacle West Capital (PNW) Declares $0.625 Quarterly Dividend; 3.2% Yield (NYSE:PNW) - June 25 at 10:38 AM logoPinnacle West Declares Quarterly Dividend (NYSE:PNW) - June 22 at 6:29 PM logoWhat's driving APS parent company Pinnacle West's record-setting stock price (NYSE:PNW) - June 15 at 6:50 PM
News IconSVP, Site Ops PVNGS, APS of Pinnacle West Capital Corporati (NYSE:PNW), Bement Robert S, sells 4,300 shares worth $325,725 (NYSE:PNW) - June 12 at 9:35 AM logoPinnacle West Capital Corporati (PNW) Hits a New 52-Week High (NYSE:PNW) - June 12 at 9:35 AM logoPinnacle West (PNW) Hits 52-Week High on Economic Growth (NYSE:PNW) - June 6 at 9:24 AM logoAPS Requests First Rate Review in Five Years (NYSE:PNW) - June 1 at 8:40 AM logoPINNACLE WEST CAPITAL CORP Files SEC form 8-K, Regulation FD Disclosure, Other Events, Financial Statements and Exhib (NYSE:PNW) - June 1 at 8:30 AM logoPinnacle West Capital Corp. breached its 50 day moving average in a Bullish Manner : PNW-US : June 1, 2016 (NYSE:PNW) - June 1 at 8:18 AM logoLongbow Capital Partners LP Decreased Stake in Pinnacle West Capital (NYSE:PNW) by $3.73 Million as Shares Rose - CCH Daily News (NYSE:PNW) - May 29 at 1:21 PM logoFitch Affirms PNW and APS's IDRs at 'A-'; Outlooks Stable (NYSE:PNW) - May 27 at 1:57 PM


Pinnacle West Capital Corp. (NYSE:PNW) Chart for Sunday, September, 25, 2016

Last Updated on 9/25/2016 by Staff