Pinnacle West Capital Corporation Company Profile (NYSE:PNW)

About Pinnacle West Capital Corporation (NYSE:PNW)

Pinnacle West Capital Corporation logoPinnacle West Capital Corporation is a holding company that operates through its subsidiaries. The Company operates through regulated electricity segment, which consists of traditional regulated retail and wholesale electricity businesses and related activities, and includes electricity generation, transmission and distribution. It owned and leased 6,236 megawatt (MW) of regulated generation capacity and the Company held a mix of both long-term and short-term purchased power agreements for additional capacity, including agreements for the purchase of renewable energy, as of December 31, 2016. Its subsidiaries include Arizona Public Service Company, which is a vertically-integrated electric utility that provides 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.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Electric Utilities
  • Sub-Industry: Electric Utilities
  • Symbol: NYSE:PNW
  • CUSIP: 72348410
  • Web: www.pinnaclewest.com
Capitalization:
  • Market Cap: $9.90998 billion
  • Outstanding Shares: 111,624,000
Average Prices:
  • 50 Day Moving Avg: $87.37
  • 200 Day Moving Avg: $86.88
  • 52 Week Range: $70.86 - $90.92
P/E:
  • Trailing P/E Ratio: 19.61
  • Foreward P/E Ratio: 19.73
  • P/E Growth: 3.40
Sales & Book Value:
  • Annual Revenue: $3.53 billion
  • Price / Sales: 2.81
  • Book Value: $43.53 per share
  • Price / Book: 2.04
Dividend:
  • Annual Dividend: $2.62
  • Dividend Yield: 3.0%
Profitability:
  • EBITDA: $1.53 billion
  • Net Margins: 14.37%
  • Return on Equity: 10.20%
  • Return on Assets: 3.14%
Debt:
  • Debt-to-Equity Ratio: 0.84%
  • Current Ratio: 0.65%
  • Quick Ratio: 0.48%
Misc:
  • Average Volume: 657,362 shs.
  • Beta: 0.36
  • Short Ratio: 4.1
 

Frequently Asked Questions for Pinnacle West Capital Corporation (NYSE:PNW)

What is Pinnacle West Capital Corporation's stock symbol?

Pinnacle West Capital Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "PNW."

How often does Pinnacle West Capital Corporation pay dividends? What is the dividend yield for Pinnacle West Capital Corporation?

Pinnacle West Capital Corporation announced a quarterly dividend on Wednesday, October 18th. Investors of record on Wednesday, November 1st will be paid a dividend of $0.695 per share on Friday, December 1st. This represents a $2.78 dividend on an annualized basis and a yield of 3.13%. The ex-dividend date of this dividend is Tuesday, October 31st. This is a positive change from Pinnacle West Capital Corporation's previous quarterly dividend of $0.66. View Pinnacle West Capital Corporation's Dividend History.

How were Pinnacle West Capital Corporation's earnings last quarter?

Pinnacle West Capital Corporation (NYSE:PNW) released its quarterly earnings results on Thursday, August, 3rd. The company reported $1.49 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.16 by $0.33. The company earned $944.59 million during the quarter, compared to the consensus estimate of $921.79 million. Pinnacle West Capital Corporation had a net margin of 14.37% and a return on equity of 10.20%. The business's revenue for the quarter was up 3.2% compared to the same quarter last year. During the same quarter last year, the business posted $1.08 earnings per share. View Pinnacle West Capital Corporation's Earnings History.

When will Pinnacle West Capital Corporation make its next earnings announcement?

Pinnacle West Capital Corporation is scheduled to release their next quarterly earnings announcement on Friday, November, 3rd 2017. View Earnings Estimates for Pinnacle West Capital Corporation.

What guidance has Pinnacle West Capital Corporation issued on next quarter's earnings?

Pinnacle West Capital Corporation issued an update on its FY17 earnings guidance on Monday, August, 21st. The company provided earnings per share (EPS) guidance of $4.15-4.30 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.26. The company issued revenue guidance of $3.54-3.6 billion, compared to the consensus revenue estimate of $3.60 billion.

Where is Pinnacle West Capital Corporation's stock going? Where will Pinnacle West Capital Corporation's stock price be in 2017?

10 brokers have issued 1-year price objectives for Pinnacle West Capital Corporation's shares. Their forecasts range from $74.00 to $90.00. On average, they anticipate Pinnacle West Capital Corporation's stock price to reach $84.00 in the next twelve months. View Analyst Ratings for Pinnacle West Capital Corporation.

Who are some of Pinnacle West Capital Corporation's key competitors?

Who are Pinnacle West Capital Corporation's key executives?

Pinnacle West Capital Corporation's management team includes the folowing people:

  • Donald E. Brandt, Chairman of the Board, President and CEO of the Company and APS
  • James R. Hatfield, Chief Financial Officer, Executive Vice President of the Company and the APS
  • Mark A. Schiavoni, Chief Operating Officer, Executive Vice President of APS
  • Jeffrey B. Guldner, Executive Vice President - Public Policy, General Counsel
  • Robert S. Bement, Executive Vice President and Chief Nuclear Officer, PVNGS, of APS
  • David P. Falck, Executive Vice President - Law
  • Daniel T. Froetscher, Senior Vice President - Transmission, Distribution & Customers
  • Barbara M. Gomez, enior Vice President, Transmission, Distribution & Customers of APS
  • Denise R. Danner, Vice President, Controller and Chief Accounting Officer of Pinnacle West; Chief Accounting Officer of APS
  • Lee R. Nickloy, Vice President, Treasurer

Who owns Pinnacle West Capital Corporation stock?

Pinnacle West Capital Corporation's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include APG Asset Management N.V. (0.54%), Assenagon Asset Management S.A. (0.29%), Robeco Institutional Asset Management B.V. (0.24%), PGGM Investments (0.06%), Shell Asset Management Co. (0.03%) and State Treasurer State of Michigan (0.03%). Company insiders that own Pinnacle West Capital Corporation stock include Barbara M Gomez, Daniel T Froetscher, David P Falck, Denis A Cortese, Donald E Brandt, James R Hatfield, John S Hatfield, Kathryn L Munro, Mark A Schiavoni, Michael L Gallagher, Randall K Edington and Robert S Bement. View Institutional Ownership Trends for Pinnacle West Capital Corporation.

Who sold Pinnacle West Capital Corporation stock? Who is selling Pinnacle West Capital Corporation stock?

Pinnacle West Capital Corporation's stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., PGGM Investments, Shell Asset Management Co., State Treasurer State of Michigan, Ronna Sue Cohen, Meeder Asset Management Inc. and LS Investment Advisors LLC. Company insiders that have sold Pinnacle West Capital Corporation stock in the last year include Barbara M Gomez, Daniel T Froetscher, David P Falck, Denis A Cortese, Donald E Brandt, James R Hatfield, John S Hatfield, Kathryn L Munro and Michael L Gallagher. View Insider Buying and Selling for Pinnacle West Capital Corporation.

Who bought Pinnacle West Capital Corporation stock? Who is buying Pinnacle West Capital Corporation stock?

Pinnacle West Capital Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Robeco Institutional Asset Management B.V., Quantitative Systematic Strategies LLC and Mutual of America Capital Management LLC. View Insider Buying and Selling for Pinnacle West Capital Corporation.

How do I buy Pinnacle West Capital Corporation stock?

Shares of Pinnacle West Capital Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Pinnacle West Capital Corporation's stock price today?

One share of Pinnacle West Capital Corporation stock can currently be purchased for approximately $88.78.


MarketBeat Community Rating for Pinnacle West Capital Corporation (NYSE PNW)
Community Ranking:  0.9 out of 5 ()
Outperform Votes:  96 (Vote Outperform)
Underperform Votes:  459 (Vote Underperform)
Total Votes:  555
MarketBeat's community ratings are surveys of what our community members think about Pinnacle West Capital Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Pinnacle West Capital Corporation (NYSE:PNW) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 9 Hold Ratings
Consensus Rating:Hold (Score: 1.90)
Consensus Price Target: $84.00 (5.38% downside)
Consensus Price Target History for Pinnacle West Capital Corporation (NYSE:PNW)
Price Target History for Pinnacle West Capital Corporation (NYSE:PNW)
Analysts' Ratings History for Pinnacle West Capital Corporation (NYSE:PNW)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/12/2017SunTrust Banks, Inc.Reiterated RatingHold$84.00N/AView Rating Details
9/20/2017Credit Suisse GroupInitiated CoverageNeutral -> Neutral$90.00LowView Rating Details
9/8/2017Morgan StanleyBoost Price TargetUnderweight$83.00 -> $86.00LowView Rating Details
9/1/2017KeyCorpReiterated RatingHoldLowView Rating Details
8/29/2017Royal Bank Of CanadaReiterated RatingHold$89.00LowView Rating Details
8/4/2017BMO Capital MarketsReiterated RatingHold$89.00LowView Rating Details
3/7/2017Williams CapitalDowngradeBuy -> Hold$79.00N/AView Rating Details
2/27/2017MizuhoBoost Price TargetNeutral -> Neutral$78.00 -> $81.00N/AView Rating Details
1/17/2017Goldman Sachs Group, Inc. (The)UpgradeSell -> Neutral$71.00 -> $74.00N/AView Rating Details
11/22/2016Bank of America CorporationUpgradeUnderperform -> NeutralN/AView Rating Details
3/19/2016Barclays PLCReiterated RatingHoldN/AView Rating Details
2/29/2016Evercore ISIBoost Price Target$66.00 -> $67.00N/AView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for Pinnacle West Capital Corporation (NYSE:PNW)
Earnings by Quarter for Pinnacle West Capital Corporation (NYSE:PNW)
Earnings History by Quarter for Pinnacle West Capital Corporation (NYSE PNW)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/3/2017$2.32N/AView Earnings Details
8/3/2017Q2 2017$1.16$1.49$921.79 million$944.59 millionViewListenView Earnings Details
5/2/2017Q1 2017$0.15$0.21$704.09 million$677.73 millionViewListenView Earnings Details
2/24/2017Q4 2016$0.47$0.47$791.38 million$739.00 millionViewN/AView Earnings Details
11/3/2016Q316$2.41$2.35$1.21 billion$1.17 billionViewN/AView Earnings Details
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)

Estimates

Earnings Estimates for Pinnacle West Capital Corporation (NYSE:PNW)
2017 EPS Consensus Estimate: $3.98
2018 EPS Consensus Estimate: $4.41
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.05$0.15$0.09
Q2 20173$1.11$1.28$1.21
Q3 20173$2.23$2.66$2.41
Q4 20172$0.25$0.29$0.27
Q1 20182$0.22$0.23$0.23
Q2 20182$1.18$1.24$1.21
Q3 20182$2.36$2.73$2.55
Q4 20182$0.34$0.51$0.43
Q1 20191$0.23$0.23$0.23
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Pinnacle West Capital Corporation (NYSE:PNW)
Next Dividend:12/1/2017
Annual Dividend:$2.62
Dividend Yield:2.95%
Dividend Growth:4.70% (3 Year Average)
Payout Ratio:57.96% (Trailing 12 Months of Earnings)
61.36% (Based on This Year's Estimates)
58.22% (Based on Next Year's Estimates)
Track Record:5 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Pinnacle West Capital Corporation (NYSE:PNW)

Dividend History by Quarter for Pinnacle West Capital Corporation (NYSE PNW)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/18/2017quarterly$0.703.14%10/31/201711/1/201712/1/2017
6/21/2017quarterly$0.662.97%7/28/20178/1/20179/1/2017
4/19/2017quarterly$0.663.07%4/27/20175/1/20176/1/2017
12/21/2016quarterly$0.663.38%1/30/20172/1/20173/1/2017
10/20/2016quarterly$0.123.54%10/28/201611/1/201612/1/2016
6/22/2016quarterly$0.633.23%7/28/20168/1/20169/1/2016
4/20/2016quarterly$0.633.52%4/28/20165/2/20166/1/2016
12/16/2015quarterly$0.633.93%1/28/20162/1/20163/1/2016
10/21/2015quarterly$0.633.75%10/29/201511/2/201512/1/2015
6/17/2015quarterly$0.604.1%7/30/20158/3/20159/1/2015
4/22/2015quarterly$0.603.73%4/30/20155/4/20156/1/2015
12/17/2014quarterly$0.603.54%1/29/20152/2/20153/2/2015
10/23/2014quarterly$0.604.02%10/30/201411/3/201412/1/2014
6/18/2014quarterly$0.574.01%7/30/20148/1/20149/2/2014
4/23/2014quarterly$0.574.04%5/1/20145/5/20146/2/2014
12/18/2013quarterly$0.574.27%1/30/20142/3/20143/3/2014
10/23/2013quarterly$0.573.93%10/30/201311/1/201312/2/2013
6/19/2013quarterly$0.554.17%7/30/20138/1/20139/3/2013
4/17/2013quarterly$0.553.72%4/29/20135/1/20136/3/2013
12/19/2012quarterly$0.554.17%1/30/20132/1/20133/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Pinnacle West Capital Corporation (NYSE:PNW)
Insider Ownership Percentage: 0.70%
Institutional Ownership Percentage: 84.16%
Insider Trades by Quarter for Pinnacle West Capital Corporation (NYSE:PNW)
Institutional Ownership by Quarter for Pinnacle West Capital Corporation (NYSE:PNW)
Insider Trades by Quarter for Pinnacle West Capital Corporation (NYSE:PNW)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/25/2017Kathryn L MunroDirectorSell1,806$90.28$163,045.68View SEC Filing  
8/24/2017David P FalckEVPSell4,600$89.98$413,908.00View SEC Filing  
8/23/2017Donald E BrandtChairmanSell35,013$89.57$3,136,114.41View SEC Filing  
5/26/2017Daniel T FroetscherSVPSell2,800$87.31$244,468.00View SEC Filing  
5/16/2017Barbara M GomezSVPSell1,900$84.00$159,600.00View SEC Filing  
5/11/2017Denis A CorteseDirectorSell1,776$83.85$148,917.60View SEC Filing  
5/5/2017Donald E BrandtChairmanSell52,134$84.70$4,415,749.80View SEC Filing  
5/5/2017John S HatfieldVPSell2,265$84.63$191,686.95View SEC Filing  
5/4/2017James R HatfieldCFOSell10,000$84.35$843,500.00View SEC Filing  
12/13/2016Donald E BrandtChairmanSell50,000$77.12$3,856,000.00View SEC Filing  
12/12/2016David P FalckEVPSell5,331$76.68$408,781.08View SEC Filing  
12/12/2016Donald E BrandtCEOSell30,735$76.79$2,360,140.65View SEC Filing  
12/5/2016Michael L GallagherDirectorSell5,000$73.41$367,050.00View SEC Filing  
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)

Headlines

Headline Trends for Pinnacle West Capital Corporation (NYSE:PNW)
Latest Headlines for Pinnacle West Capital Corporation (NYSE:PNW)
Source:
Loading headlines, please wait.

Social

Chart

Pinnacle West Capital Corporation (PNW) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.