Pinnacle West Capital Stock Price, News & Analysis (NYSE:PNW) $75.08 +0.14 (+0.19%) (As of 12/1/2023 08:55 PM ET) Add Compare Share Share Today's Range$74.37▼$75.1550-Day Range$68.94▼$77.4152-Week Range$68.55▼$86.03Volume592,800 shsAverage Volume846,103 shsMarket Capitalization$8.51 billionP/E Ratio17.88Dividend Yield4.69%Price Target$75.75 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Pinnacle West Capital MarketRank™ Stock AnalysisAnalyst RatingHold2.43 Rating ScoreUpside/Downside0.9% Upside$75.75 Price TargetShort InterestHealthy1.87% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-4.79Upright™ Environmental ScoreNews Sentiment0.35Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth16.75%From $4.24 to $4.95 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.32 out of 5 starsUtilities Sector43rd out of 86 stocksElectric Services Industry24th out of 41 stocks 1.2 Analyst's Opinion Consensus RatingPinnacle West Capital has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 3 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $75.75, Pinnacle West Capital has a forecasted upside of 0.9% from its current price of $75.08.Amount of Analyst CoveragePinnacle West Capital has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.87% of the outstanding shares of Pinnacle West Capital have been sold short.Short Interest Ratio / Days to CoverPinnacle West Capital has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Pinnacle West Capital has recently increased by 23.26%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend LeadershipPinnacle West Capital is a leading dividend payer. It pays a dividend yield of 4.69%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPinnacle West Capital has been increasing its dividend for 12 years.Dividend CoverageThe dividend payout ratio of Pinnacle West Capital is 83.81%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Pinnacle West Capital will have a dividend payout ratio of 71.11% next year. This indicates that Pinnacle West Capital will be able to sustain or increase its dividend. Previous Next 2.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePinnacle West Capital has received a 2.27% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Retailing electricity produced with nuclear fuels", "Electricity produced with nuclear fuels", "Retailing electricity produced with coal", "Electricity produced with coal", and "Electricity produced with photovoltaic solar power" products. See details.Environmental SustainabilityThe Environmental Impact score for Pinnacle West Capital is -4.79. Previous Next 2.4 News and Social Media Coverage News SentimentPinnacle West Capital has a news sentiment score of 0.35. 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 0.46 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Pinnacle West Capital this week, compared to 4 articles on an average week.Search Interest2 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 Follows5 people have added Pinnacle West Capital to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Pinnacle West Capital insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.31% of the stock of Pinnacle West Capital is held by insiders.Percentage Held by Institutions84.95% 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. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Pinnacle West Capital are expected to grow by 16.75% in the coming year, from $4.24 to $4.95 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Pinnacle West Capital is 17.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 108.93.Price to Earnings Ratio vs. SectorThe P/E ratio of Pinnacle West Capital is 17.88, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 100.01.Price to Earnings Growth RatioPinnacle West Capital has a PEG Ratio of 3.00. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPinnacle West Capital has a P/B Ratio of 1.31. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Pinnacle West Capital Stock (NYSE:PNW)Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona. The company engages in the generation, transmission, and distribution of electricity using coal, nuclear, gas, oil, and solar generating facilities. Its transmission facilities include overhead lines and underground lines; and distribution facilities, as well as owns and maintains transmission and distribution substations. The company was incorporated in 1985 and is headquartered in Phoenix, Arizona.Read More PNW Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PNW Stock News HeadlinesDecember 3, 2023 | americanbankingnews.comPinnacle West Capital Co. (NYSE:PNW) Given Consensus Recommendation of "Hold" by BrokeragesNovember 29, 2023 | markets.businessinsider.comBuy Rating for Pinnacle West Capital Amid Positive Regulatory Shifts and Growth ProspectsDecember 4, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.November 22, 2023 | finance.yahoo.comAn Intrinsic Calculation For Pinnacle West Capital Corporation (NYSE:PNW) Suggests It's 20% UndervaluedNovember 13, 2023 | seekingalpha.comPinnacle West: With Regulatory Problems In The Past, Nearing A Strong Entry PointNovember 7, 2023 | finance.yahoo.comPinnacle West Capital Corporation (NYSE:PNW) is favoured by institutional owners who hold 87% of the companyNovember 6, 2023 | finance.yahoo.comPinnacle West Capital Corporation: Maintaining BUY after 3Q earningsNovember 6, 2023 | uk.finance.yahoo.comPinnacle West Capital Corporation (PWC.F)December 4, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.November 3, 2023 | markets.businessinsider.comKeyBanc Keeps Their Hold Rating on Pinnacle West Capital (PNW)November 3, 2023 | markets.businessinsider.comPinnacle West Capital Q3 Profit Climbs, Reaffirms FY23 OutlookNovember 2, 2023 | finance.yahoo.comPinnacle West Reports 2023 Third-Quarter ResultsNovember 1, 2023 | finance.yahoo.comLooking Ahead: New APS Plan Addresses Growing Customer Energy NeedsOctober 31, 2023 | finance.yahoo.comPinnacle West Capital Corp's Dividend AnalysisOctober 30, 2023 | msn.comPinnacle West JV chosen by DoE for potential transmission projectOctober 30, 2023 | finance.yahoo.comTransCanyon, LLC Selected by U.S. Department of Energy under Transmission Facilitation Program to Increase Transmission Capabilities in the WestOctober 30, 2023 | finance.yahoo.comWhat's in Store for Pinnacle West Capital (PNW) in Q3 Earnings?October 26, 2023 | benzinga.comMonday Is Your Last Chance To Buy Pinnacle West Capital Before The Dividend PayoutOctober 22, 2023 | finance.yahoo.comPinnacle West Capital (NYSE:PNW) Will Pay A Larger Dividend Than Last Year At $0.88October 19, 2023 | finance.yahoo.comALE or PNW: Which Is the Better Value Stock Right Now?October 19, 2023 | finance.yahoo.comPinnacle West (PNW) Rewards Shareholders With 1.7% Dividend HikeOctober 9, 2023 | markets.businessinsider.comHold Rating for Pinnacle West Capital Amid Strong Q3 Earnings and Regulatory ChangesOctober 9, 2023 | finance.yahoo.comPinnacle West Capital's (NYSE:PNW) investors will be pleased with their 24% return over the last yearOctober 5, 2023 | msn.comKeybanc Upgrades Pinnacle West Capital (PNW)October 3, 2023 | finance.yahoo.comHere's Why Pinnacle West (PNW) is Poised for a Turnaround After Losing -6.19% in 4 WeeksOctober 2, 2023 | finance.yahoo.comPinnacle West Sets Date for 2023 Third-Quarter Financial Results, Webcast/Conference CallSeptember 29, 2023 | msn.comBarclays Maintains Pinnacle West Capital (PNW) Overweight RecommendationSee More Headlines Receive PNW Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Pinnacle West Capital and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 12/1 Dividend10/31/2023Last Earnings11/02/2023Dividend Payable12/01/2023Today12/03/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/26/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Electric services Sub-IndustryElectric Utilities SectorUtilities Current SymbolNYSE:PNW CUSIP72348410 CIK764622 Webwww.pinnaclewest.com Phone(602) 250-1000Fax602-379-2625Employees5,861Year Founded1894Price Target and Rating Average Stock Price Target$75.75 High Stock Price Target$88.00 Low Stock Price Target$61.00 Potential Upside/Downside+0.9%Consensus RatingHold Rating Score (0-4)2.43 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$4.20 Trailing P/E Ratio17.88 Forward P/E Ratio17.71 P/E Growth3Net Income$483.60 million Net Margins10.13% Pretax Margin11.88% Return on Equity7.68% Return on Assets2.02% Debt Debt-to-Equity Ratio1.26 Current Ratio1.10 Quick Ratio0.85 Sales & Book Value Annual Sales$4.32 billion Price / Sales1.97 Cash Flow$13.43 per share Price / Cash Flow5.59 Book Value$57.22 per share Price / Book1.31Miscellaneous Outstanding Shares113,400,000Free Float113,046,000Market Cap$8.51 billion OptionableOptionable Beta0.50 Social Links The Best High-Yield Dividend Stocks for 2023Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. Jeffrey B. Guldner (Age 57)Chairman, President & CEO Comp: $2.85MMr. Andrew D. Cooper (Age 44)Senior VP & CFO Comp: $1.01MMr. Robert E. Smith (Age 53)Executive VP, General Counsel & Chief Development Officer Comp: $1.35MMr. Adam C. Heflin (Age 58)EVP & Chief Nuclear Officer of Palo Verde Generating Station of Arizona Public Service Company Comp: $1.43MMr. Theodore N. Geisler (Age 44)President of Arizona Public Service Company Comp: $1.49MMr. Jacob Tetlow (Age 50)Executive Vice President of Operations for Arizona Public Service Company Comp: $512.31kMs. Elizabeth A. Blankenship (Age 51)VP, Controller & Chief Accounting Officer Amanda HoDirector of Investor RelationsMr. Paul J. Mountain (Age 45)VP of Finance & Treasurer Diane WoodAssistant VP & Corporate SecretaryMore ExecutivesKey CompetitorsOGE EnergyNYSE:OGEIDACORPNYSE:IDAPortland General ElectricNYSE:PORPNM ResourcesNYSE:PNMOtter TailNASDAQ:OTTRView All CompetitorsInsiders & InstitutionsAmerican Century Companies Inc.Sold 218,890 shares on 11/30/2023Ownership: 1.683%Deutsche Bank AGBought 52,224 shares on 11/24/2023Ownership: 0.141%Public Sector Pension Investment BoardBought 1,322 shares on 11/22/2023Ownership: 0.011%Verity Asset Management Inc.Bought 844 shares on 11/22/2023Ownership: 0.003%Tompkins Financial CorpSold 2,000 shares on 11/21/2023Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions PNW Stock Analysis - Frequently Asked Questions Should I buy or sell Pinnacle West Capital stock right now? 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Pinnacle West Capital in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PNW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PNW, but not buy additional shares or sell existing shares. View PNW analyst ratings or view top-rated stocks. What is Pinnacle West Capital's stock price target for 2024? 7 brokerages have issued 1 year price objectives for Pinnacle West Capital's shares. Their PNW share price targets range from $61.00 to $88.00. On average, they anticipate the company's share price to reach $75.75 in the next twelve months. This suggests a possible upside of 0.9% from the stock's current price. View analysts price targets for PNW or view top-rated stocks among Wall Street analysts. How have PNW shares performed in 2023? Pinnacle West Capital's stock was trading at $76.04 on January 1st, 2023. Since then, PNW shares have decreased by 1.3% and is now trading at $75.08. View the best growth stocks for 2023 here. Are investors shorting Pinnacle West Capital? Pinnacle West Capital saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 2,120,000 shares, an increase of 23.3% from the October 31st total of 1,720,000 shares. Based on an average daily volume of 833,500 shares, the short-interest ratio is currently 2.5 days. View Pinnacle West Capital's Short Interest. When is Pinnacle West Capital's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, February 26th 2024. View our PNW earnings forecast. How were Pinnacle West Capital's earnings last quarter? Pinnacle West Capital Co. (NYSE:PNW) issued its quarterly earnings data on Thursday, November, 2nd. The utilities provider reported $3.50 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.33 by $0.17. The utilities provider had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.54 billion. Pinnacle West Capital had a trailing twelve-month return on equity of 7.68% and a net margin of 10.13%. How often does Pinnacle West Capital pay dividends? What is the dividend yield for Pinnacle West Capital? Pinnacle West Capital declared a quarterly dividend on Wednesday, October 18th. Investors of record on Wednesday, November 1st will be given a dividend of $0.88 per share on Friday, December 1st. This represents a $3.52 annualized dividend and a yield of 4.69%. The ex-dividend date is Tuesday, October 31st. This is an increase from the stock's previous quarterly dividend of $0.87. Read our dividend analysis for PNW. Is Pinnacle West Capital a good dividend stock? Pinnacle West Capital (NYSE:PNW) pays an annual dividend of $3.52 per share and currently has a dividend yield of 4.69%. PNW has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 83.81%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, PNW will have a dividend payout ratio of 71.11% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PNW. What ETFs hold Pinnacle West Capital's stock? ETFs with the largest weight of Pinnacle West Capital (NYSE:PNW) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), Virtus Reaves Utilities ETF (UTES), Invesco Dorsey Wright Utilities Momentum ETF (PUI), Invesco S&P 500 Equal Weight Utilities ETF (RYU), Invesco S&P 500 Equal Weight Utilities ETF (RSPU), First Trust Utilities AlphaDEX Fund (FXU), iShares Focused Value Factor ETF (FOVL) and ALPS Sector Dividend Dogs ETF (SDOG). What guidance has Pinnacle West Capital issued on next quarter's earnings? Pinnacle West Capital updated its FY23 earnings guidance on Thursday, November, 2nd. The company provided earnings per share guidance of $4.10-4.30 for the period, compared to the consensus estimate of $4.23. What is Don Brandt's approval rating as Pinnacle West Capital's CEO? 11 employees have rated Pinnacle West Capital Chief Executive Officer Don Brandt on Glassdoor.com. Don Brandt has an approval rating of 54% among the company's employees. This puts Don Brandt in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Pinnacle West Capital own? Based on aggregate information from My MarketBeat watchlists, some companies that other Pinnacle West Capital investors own include Verizon Communications (VZ), Intel (INTC), AT&T (T), Pfizer (PFE), Exxon Mobil (XOM), International Business Machines (IBM), Procter & Gamble (PG), Walmart (WMT), Chevron (CVX) and AbbVie (ABBV). Who are Pinnacle West Capital's major shareholders? Pinnacle West Capital's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Invesco Ltd. (3.52%), Lazard Asset Management LLC (3.40%), Massachusetts Financial Services Co. MA (2.45%), American Century Companies Inc. (1.68%), Envestnet Asset Management Inc. (1.27%) and Morgan Stanley (1.16%). Insiders that own company stock include Barbara D Lockwood, James R Hatfield, Kathryn L Munro and Theodore N Geisler. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NYSE:PNW) was last updated on 12/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Pinnacle West Capital Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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