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: $75.40
  • 50 Day Moving Average: $78.34
  • 200 Day Moving Average: $74.70
  • Trailing P/E Ratio: 19.91
  • Foreward P/E Ratio: 17.91
  • P/E Growth: 4.93
  • Market Cap: $8.38B
  • Outstanding Shares: 111,174,000
  • Beta: 0.3
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, 5 Hold Ratings
Consensus Rating:Hold (Score: 1.63)
Consensus Price Target: $68.50 (9.15% downside)

Analysts' Ratings History for Pinnacle West Capital Corp. (NYSE:PNW)
Show:
DateFirmActionRatingPrice TargetDetails
8/29/2016SunTrust Banks Inc.Lower Price TargetNeutral$76.00 -> $74.00View 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
9/8/2014Wells Fargo & Co.UpgradeMarket Perform -> OutperformView Rating Details
(Data available from 8/30/2014 forward)

Earnings

Earnings History for Pinnacle West Capital Corp. (NYSE:PNW)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/28/2016        
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 Corp. (NYSE:PNW)
Current Year EPS Consensus Estimate: $4 EPS
Next Year EPS Consensus Estimate: $4.21 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.09$0.16$0.13
Q2 20161$1.16$1.16$1.16
Q3 20161$2.48$2.48$2.48
Q4 20161$0.28$0.28$0.28
Q1 20171$0.04$0.04$0.04
Q2 20171$1.14$1.14$1.14
Q3 20171$2.62$2.62$2.62
Q4 20171$0.42$0.42$0.42
Q1 20181$0.05$0.05$0.05
Q2 20181$1.20$1.20$1.20
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Pinnacle West Capital Corp. (NYSE:PNW)
Annual Dividend:$2.50
Dividend Yield:3.32%
Payout Ratio:65.96% (Based on Trailing 12 Months of Earnings)
62.50% (Based on Current Year Consensus EPS Estimate)
59.38% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:4.40% (3 Year Average)

Dividend History for Pinnacle West Capital Corp. (NYSE:PNW)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 History for Pinnacle West Capital Corp. (NYSE:PNW)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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

Latest Headlines for Pinnacle West Capital Corp. (NYSE:PNW)
DateHeadline
bizjournals.com logoACC Commissioner Burns issues APS contribution subpoena (NYSE:PNW)
www.bizjournals.com - August 25 at 7:00 PM
nasdaq.com logoApril 2017 Options Now Available For Pinnacle West Capital (PNW) (NYSE:PNW)
www.nasdaq.com - August 22 at 11:29 AM
bizjournals.com logoAPS parent Pinnacle West gets grand jury subpoenas (NYSE:PNW)
www.bizjournals.com - August 20 at 6:31 PM
nasdaq.com logoOversold Conditions For Pinnacle West Capital (PNW) (NYSE:PNW)
www.nasdaq.com - August 16 at 7:00 PM
finance.yahoo.com logoExelon (EXC) to Invest $31.8B, Gives Road Map for Growth (NYSE:PNW)
finance.yahoo.com - August 11 at 10:07 AM
biz.yahoo.com logoPINNACLE 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
capitalcube.com logoPinnacle 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
finance.yahoo.com logoPINNACLE WEST CAPITAL CORP Financials (NYSE:PNW)
finance.yahoo.com - August 6 at 6:57 PM
capitalcube.com logoETF’s with exposure to Pinnacle West Capital Corp. : August 5, 2016 (NYSE:PNW)
www.capitalcube.com - August 5 at 7:05 PM
capitalcube.com logoPacific 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
capitalcube.com logoPinnacle 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
marketnewsvideo.com logoVMware Moves Up In Market Cap Rank, Passing Pinnacle West Capital (NYSE:PNW)
www.marketnewsvideo.com - August 3 at 7:15 PM
seekingalpha.com logoPinnacle West Capital's (PNW) CEO Don Brandt on Q2 2016 Results - Earnings Call Transcript (NYSE:PNW)
seekingalpha.com - August 3 at 10:08 AM
finance.yahoo.com logoPinnacle West (PNW) Misses on Q2 Earnings, Offers Outlook (NYSE:PNW)
finance.yahoo.com - August 2 at 7:13 PM
twst.com logoPinnacle West Capital Corporation: Pinnacle West Reports 2016 Second-Quarter Results (NYSE:PNW)
www.twst.com - August 2 at 11:52 AM
rttnews.com logoPinnacle West Capital Corp. Reports 1% Retreat In Q2 Profit (NYSE:PNW)
www.rttnews.com - August 2 at 11:52 AM
sg.finance.yahoo.com logoPinnacle West misses 2Q profit forecasts (NYSE:PNW)
sg.finance.yahoo.com - August 2 at 11:52 AM
publicnow.com logoPinnacle West Reports 2016 Second-Quarter Results (NYSE:PNW)
www.publicnow.com - August 2 at 11:52 AM
finance.yahoo.com logoPinnacle West (PNW) Misses Q2 Earnings,Tops Revenue (NYSE:PNW)
finance.yahoo.com - August 2 at 11:52 AM
4-traders.com logoPINNACLE WEST CAPITAL CORPORATION : ex-dividend day (NYSE:PNW)
www.4-traders.com - July 27 at 7:15 PM
nasdaq.com logoPinnacle West Capital Corporation (PNW) Ex-Dividend Date Scheduled for July 28 ... (NYSE:PNW)
www.nasdaq.com - July 27 at 7:15 PM
zacks.com logoPinnacle West (PNW) Q2 Earnings: Stock to Disappoint? (NYSE:PNW)
www.zacks.com - July 27 at 9:55 AM
4-traders.com logoPinnacle 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
finance.yahoo.com logoDid 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
publicnow.com logoCustomers Have New Options To Manage Demand Under Approved APS Plan (NYSE:PNW)
www.publicnow.com - July 14 at 3:08 PM
equities.com logoPinnacle West Capital Corporation (PNW) is Trading Lower on Unusual Volume for July 06 (NYSE:PNW)
www.equities.com - July 8 at 9:47 AM
News IconCoverage Initiated on Select Electric Utilities Equities (NYSE:PNW)
news.investornetwork.com - July 8 at 9:15 AM
capitalcube.com logoPinnacle 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
publicnow.com logoPinnacle West Sets Date for 2016 Second-Quarter Financial Results, Webcast/Conference Call (NYSE:PNW)
www.publicnow.com - July 1 at 4:51 PM
finance.yahoo.com logoAPS Announces Executive Changes at Palo Verde (NYSE:PNW)
finance.yahoo.com - June 28 at 4:00 PM
biz.yahoo.com logoPINNACLE 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
streetinsider.com logoPinnacle West Capital (PNW) Declares $0.625 Quarterly Dividend; 3.2% Yield (NYSE:PNW)
www.streetinsider.com - June 25 at 10:38 AM
publicnow.com logoPinnacle West Declares Quarterly Dividend (NYSE:PNW)
www.publicnow.com - June 22 at 6:29 PM
bizjournals.com logoWhat's driving APS parent company Pinnacle West's record-setting stock price (NYSE:PNW)
www.bizjournals.com - 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)
empowerednews.net - June 12 at 9:35 AM
fidaily.com logoPinnacle West Capital Corporati (PNW) Hits a New 52-Week High (NYSE:PNW)
www.fidaily.com - June 12 at 9:35 AM
finance.yahoo.com logoPinnacle West (PNW) Hits 52-Week High on Economic Growth (NYSE:PNW)
finance.yahoo.com - June 6 at 9:24 AM
finance.yahoo.com logoAPS Requests First Rate Review in Five Years (NYSE:PNW)
finance.yahoo.com - June 1 at 8:40 AM
biz.yahoo.com logoPINNACLE 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
capitalcube.com logoPinnacle 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
cchdailynews.com logoLongbow 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
marketwatch.com logoFitch Affirms PNW and APS's IDRs at 'A-'; Outlooks Stable (NYSE:PNW)
www.marketwatch.com - May 27 at 1:57 PM
biz.yahoo.com logoPINNACLE WEST CAPITAL CORP Files SEC form 8-K, Submission of Matters to a Vote of Security Holders (NYSE:PNW)
biz.yahoo.com - May 24 at 4:02 PM
capitalcube.com logoPinnacle West Capital Corp. breached its 50 day moving average in a Bearish Manner : PNW-US : May 18, 2016 (NYSE:PNW)
www.capitalcube.com - May 18 at 8:52 AM
biz.yahoo.com logoPINNACLE 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 - May 13 at 5:13 PM
biz.yahoo.com logoPINNACLE WEST CAPITAL CORP Files SEC form 8-K, Financial Statements and Exhibits (NYSE:PNW)
biz.yahoo.com - May 6 at 10:08 AM
capitalcube.com logoPinnacle West Capital Corp. :PNW-US: Earnings Analysis: Q1, 2016 By the Numbers (NYSE:PNW)
www.capitalcube.com - May 4 at 10:40 AM
finance.yahoo.com logoEdited Transcript of PNW earnings conference call or presentation 29-Apr-16 4:00pm GMT (NYSE:PNW)
finance.yahoo.com - April 29 at 6:49 PM
finance.yahoo.com logoPinnacle West (PNW) Misses Q1 Earnings & Revenues (NYSE:PNW)
finance.yahoo.com - April 29 at 10:02 AM
publicnow.com logoPinnacle West Reports 2016 First-Quarter Earnings (NYSE:PNW)
www.publicnow.com - April 29 at 8:53 AM

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Pinnacle West Capital Corp. (NYSE:PNW) Chart for Tuesday, August, 30, 2016


Last Updated on 8/30/2016 by MarketBeat.com Staff