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

About Pinnacle West Capital Corp.

Pinnacle 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

Profitability:

Net Margins: 12.02%
Return on Equity: 8.94%
Return on Assets: 2.80%

Debt:

Debt-to-Equity Ratio: 0.83%
Current Ratio: 0.65%
Quick Ratio: 0.46%

Additional Links:

Companies Related to Pinnacle West Capital Corp.:

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)

Show:

Date	Firm	Action	Rating	Price Target
9/12/2016	SunTrust Banks Inc.	Lower Price Target	Neutral	$75.00 -> $73.00
8/30/2016	Williams Capital	Reiterated Rating	Hold	$58.00 -> $79.00
8/3/2016	Mizuho	Boost Price Target	Neutral	$70.00 -> $78.00
7/18/2016	BMO Capital Markets	Reiterated Rating	Hold
6/20/2016	Royal Bank Of Canada	Reiterated Rating	Sector Perfor	$73.00 -> $69.00
3/19/2016	Barclays PLC	Reiterated Rating	Hold
2/29/2016	Evercore ISI	Boost Price Target		$66.00 -> $67.00
1/12/2016	Bank of America Corp.	Downgrade	Neutral -> Underperform	$63.00
1/12/2016	Morgan Stanley	Downgrade	Equal Weight -> Underweight	$64.00
10/19/2015	Goldman Sachs Group Inc.	Downgrade	Neutral -> Sell	$61.00 -> $59.00
7/1/2015	Credit Suisse Group AG	Upgrade	Neutral -> Outperform	$71.00
5/4/2015	Evercore Partners Inc.	Upgrade	Hold -> Buy	$67.00 -> $65.00
4/21/2015	Guggenheim	Initiated Coverage	Neutral
2/23/2015	Jefferies Group	Initiated Coverage	Hold
1/27/2015	Argus	Downgrade	Buy -> Hold

(Data available from 9/25/2014 forward)

Earnings History for Pinnacle West Capital Corp. (NYSE:PNW)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
10/28/2016
8/2/2016	Q216	$1.14	$1.08	$915.40 million	$915.40 million	View	N/A
4/29/2016	Q116	$0.12	$0.04	$696.50 million	$677.20 million	View	Listen
2/19/2016	Q415	$0.26	$0.37	$763.38 million	$734.43 million	View	Listen
10/30/2015	Q315	$2.32	$2.30	$1.20 billion	$1.20 billion	View	Listen
7/30/2015	Q215	$1.23	$1.10	$933.63 million	$890.65 million	View	Listen
5/1/2015	Q115	$0.18	$0.14	$726.92 million	$671.20 million	View	Listen
2/20/2015	Q414	$0.20	$0.05	$733.93 million	$726.50 million	View	Listen
10/31/2014	Q314	$2.15	$2.20	$1.18 billion	$1.17 billion	View	Listen
7/31/2014	Q214	$1.15	$1.19	$931.65 million	$906.26 million	View	Listen
5/2/2014	Q114	$0.13	$0.14	$695.78 million	$686.25 million	View	Listen
2/21/2014	Q413	$0.18	$0.22	$664.58 million	$699.76 million	View	Listen
10/31/2013	Q313	$2.15	$2.04	$1.11 billion	$1.15 billion	View	Listen
8/2/2013	Q2 2013	$1.07	$1.18	$880.80 million	$915.82 million	View	Listen
5/3/2013	Q1 2013	$0.09	$0.22	$638.90 million	$686.65 million	View	Listen
2/22/2013	Q4 2012	$0.17	$0.24	$701.01 million	$693.12 million	View	Listen
11/2/2012	Q312	$2.25	$2.21	$1.14 billion	$1.11 billion	View	N/A
8/2/2012		$1.03	$1.12			View	N/A
5/3/2012		($0.08)	($0.07)			View	N/A
2/24/2012		$0.05	$0.11			View	N/A
11/1/2011		$2.11	$2.24			View	N/A
8/2/2011		$0.89	$0.78			View	N/A
4/29/2011		($0.01)	($0.14)			View	N/A
2/18/2011		$0.01	$0.06			View	N/A

(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

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2016	2	$0.09	$0.16	$0.13
Q2 2016	1	$1.16	$1.16	$1.16
Q3 2016	2	$2.45	$2.48	$2.47
Q4 2016	2	$0.28	$0.44	$0.36
Q1 2017	2	$0.04	$0.18	$0.11
Q2 2017	2	$1.12	$1.14	$1.13
Q3 2017	2	$2.60	$2.62	$2.61
Q4 2017	2	$0.42	$0.43	$0.43
Q1 2018	1	$0.05	$0.05	$0.05
Q2 2018	1	$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)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
6/22/2016	quarterly	$0.63	3.23%	7/28/2016	8/1/2016	9/1/2016
4/20/2016	quarterly	$0.63	3.52%	4/28/2016	5/2/2016	6/1/2016
12/16/2015	quarterly	$0.63	3.93%	1/28/2016	2/1/2016	3/1/2016
10/21/2015	quarterly	$0.63	3.75%	10/29/2015	11/2/2015	12/1/2015
6/17/2015	quarterly	$0.60	4.1%	7/30/2015	8/3/2015	9/1/2015
4/22/2015	quarterly	$0.60	3.73%	4/30/2015	5/4/2015	6/1/2015
12/17/2014	quarterly	$0.60	3.54%	1/29/2015	2/2/2015	3/2/2015
10/23/2014	quarterly	$0.60	4.02%	10/30/2014	11/3/2014	12/1/2014
6/18/2014	quarterly	$0.57	4.01%	7/30/2014	8/1/2014	9/2/2014
4/23/2014	quarterly	$0.57	4.04%	5/1/2014	5/5/2014	6/2/2014
12/18/2013	quarterly	$0.57	4.27%	1/30/2014	2/3/2014	3/3/2014
10/23/2013	quarterly	$0.57	3.93%	10/30/2013	11/1/2013	12/2/2013
6/19/2013	quarterly	$0.55	4.17%	7/30/2013	8/1/2013	9/3/2013
4/17/2013	quarterly	$0.55	3.72%	4/29/2013	5/1/2013	6/3/2013
12/19/2012	quarterly	$0.55	4.17%	1/30/2013	2/1/2013	3/1/2013

(Data available from 1/1/2013 forward)

Insider Trading History for Pinnacle West Capital Corp. (NYSE:PNW)

Insider Ownership Percentage: 0.70%
Institutional Ownership Percentage: 82.65%

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
9/12/2016	John S Hatfield	VP	Sell	4,523	$75.27	$340,446.21
6/8/2016	Robert S Bement	SVP	Sell	4,300	$75.75	$325,725.00
5/13/2016	Randall K Edington	EVP	Sell	5,500	$73.99	$406,945.00
5/11/2016	Randall K Edington	EVP	Sell	6,500	$73.69	$478,985.00
5/6/2016	Denis A Cortese	Director	Sell	2,000	$72.87	$145,740.00
3/2/2016	Daniel T Froetscher	SVP	Sell	1,805	$68.30	$123,281.50
12/7/2015	David P Falck	EVP	Sell	6,423	$62.82	$403,492.86
11/18/2015	Mark A Schiavoni	COO	Sell	4,339	$61.70	$267,716.30
6/9/2015	Robert S Bement	SVP	Sell	5,000	$56.82	$284,100.00
3/10/2015	Patrick Dinkel	VP	Sell	4,195	$62.39	$261,726.05
12/10/2014	John S Hatfield	VP	Sell	2,554	$65.38	$166,980.52
12/4/2014	Mark A Schiavoni	COO	Sell	5,000	$65.44	$327,200.00
12/2/2014	David P Falck	EVP	Sell	6,450	$64.67	$417,121.50
11/21/2014	Jeffrey B Guldner	SVP	Sell	2,332	$62.43	$145,586.76
11/12/2014	Daniel T Froetscher	SVP	Sell	2,000	$61.85	$123,700.00
12/31/2013	Daniel Froetscher	VP	Sell	3,000	$52.83	$158,490.00
12/31/2013	David Falck	EVP	Sell	7,500	$52.92	$396,900.00
5/20/2013	Daniel T Froetscher	VP	Sell	2,000	$60.18	$120,360.00
5/16/2013	Tammy D Mcleod	VP	Sell	4,000	$60.00	$240,000.00
11/23/2012	Daniel T Froetscher	VP	Sell	2,000	$49.16	$98,320.00
9/4/2012	David P Falck	EVP	Sell	1,549	$52.20	$80,857.80

(Data available from 1/1/2013 forward)

Latest Headlines for Pinnacle West Capital Corp. (NYSE:PNW)

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