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S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
How does the Consumer Price Index affect the stock market?
A 'soft landing' or a recession? How each one might affect America's households and businesses
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Carrier Global, Marathon Oil rise; RH, Newmont fall, Friday, 12/8/2023
Closing prices for crude oil, gold and other commodities
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
How major US stock indexes fared Friday, 12/8/2023
FTC opens inquiry of Chevron-Hess merger, marking second review this week of major oil industry deal
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
How does the Consumer Price Index affect the stock market?
A 'soft landing' or a recession? How each one might affect America's households and businesses
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Carrier Global, Marathon Oil rise; RH, Newmont fall, Friday, 12/8/2023
Closing prices for crude oil, gold and other commodities
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
How major US stock indexes fared Friday, 12/8/2023
FTC opens inquiry of Chevron-Hess merger, marking second review this week of major oil industry deal
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
How does the Consumer Price Index affect the stock market?
A 'soft landing' or a recession? How each one might affect America's households and businesses
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Carrier Global, Marathon Oil rise; RH, Newmont fall, Friday, 12/8/2023
Closing prices for crude oil, gold and other commodities
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
How major US stock indexes fared Friday, 12/8/2023
FTC opens inquiry of Chevron-Hess merger, marking second review this week of major oil industry deal

Pinnacle West Capital Stock Price, News & Analysis (NYSE:PNW)

$75.30
-0.75 (-0.99%)
(As of 12/8/2023 ET)
Compare
Today's Range
$75.15
$76.24
50-Day Range
$68.94
$76.56
52-Week Range
$68.55
$86.03
Volume
1.23 million shs
Average Volume
913,509 shs
Market Capitalization
$8.54 billion
P/E Ratio
17.93
Dividend Yield
4.67%
Price Target
$75.75

Pinnacle West Capital MarketRank™ Stock Analysis

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
0.6% Upside
$75.75 Price Target
Short Interest
Healthy
1.87% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.79
Upright™ Environmental Score
News Sentiment
1.30mentions of Pinnacle West Capital in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
15.38%
From $4.29 to $4.95 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.49 out of 5 stars

Utilities Sector

32nd out of 88 stocks

Electric Services Industry

16th out of 42 stocks


PNW stock logo

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.

PNW Stock Price History

PNW Stock News Headlines

ALE vs. PNW: Which Stock Is the Better Value Option?
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Trading Experts Call It “The Perfect Tesla Trade”
Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.
Pinnacle West Capital Corporation (PWC.F)
KeyBanc Keeps Their Hold Rating on Pinnacle West Capital (PNW)
Pinnacle West Capital Q3 Profit Climbs, Reaffirms FY23 Outlook
Pinnacle West Reports 2023 Third-Quarter Results
Pinnacle West Capital Corp's Dividend Analysis
ALE or PNW: Which Is the Better Value Stock Right Now?
See More Headlines
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Company Calendar

Ex-Dividend for 12/1 Dividend
10/31/2023
Last Earnings
11/02/2023
Dividend Payable
12/01/2023
Today
12/09/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/26/2024

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
Electric Utilities
Sector
Utilities
CUSIP
72348410
Employees
5,861
Year Founded
1894

Price Target and Rating

Average Stock Price Target
$75.75
High Stock Price Target
$88.00
Low Stock Price Target
$61.00
Potential Upside/Downside
+0.6%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
7 Analysts

Profitability

Net Income
$483.60 million
Pretax Margin
11.88%

Debt

Sales & Book Value

Annual Sales
$4.32 billion
Cash Flow
$13.30 per share
Book Value
$54.44 per share

Miscellaneous

Free Float
113,046,000
Market Cap
$8.54 billion
Optionable
Optionable
Beta
0.50

Social Links

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Key Executives

  • Mr. Jeffrey B. Guldner (Age 57)
    Chairman, President & CEO
    Comp: $2.85M
  • Mr. Andrew D. Cooper (Age 44)
    Senior VP & CFO
    Comp: $1.01M
  • Mr. Robert E. Smith (Age 53)
    Executive VP, General Counsel & Chief Development Officer
    Comp: $1.35M
  • Mr. Adam C. Heflin (Age 58)
    EVP & Chief Nuclear Officer of Palo Verde Generating Station of Arizona Public Service Company
    Comp: $1.43M
  • Mr. Theodore N. GeislerMr. Theodore N. Geisler (Age 44)
    President of Arizona Public Service Company
    Comp: $1.49M
  • Mr. Jacob Tetlow (Age 50)
    Executive Vice President of Operations for Arizona Public Service Company
    Comp: $512.31k
  • Ms. Elizabeth A. Blankenship (Age 51)
    VP, Controller & Chief Accounting Officer
  • Amanda Ho
    Director of Investor Relations
  • Mr. Paul J. Mountain (Age 45)
    VP of Finance & Treasurer
  • Diane Wood
    Assistant VP & Corporate Secretary














PNW Stock Analysis - Frequently Asked Questions

Should I buy or sell Pinnacle West Capital stock right now?

7 Wall Street 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 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 Wall Street analysts have issued 1-year price targets for Pinnacle West Capital's shares. Their PNW share price targets range from $61.00 to $88.00. On average, they expect the company's share price to reach $75.75 in the next twelve months. This suggests a possible upside of 0.6% 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 at the start of the year. Since then, PNW stock has decreased by 1.0% and is now trading at $75.30.
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 days-to-cover ratio is presently 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) announced its quarterly earnings results 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 net margin of 10.13% and a trailing twelve-month return on equity of 7.68%.

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 paid a dividend of $0.88 per share on Friday, December 1st. This represents a $3.52 dividend on an annualized basis and a yield of 4.67%. The ex-dividend date of this dividend is Tuesday, October 31st. This is a positive change 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 4.63%. 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 guidance has Pinnacle West Capital issued on next quarter's earnings?

Pinnacle West Capital issued an update on its FY23 earnings guidance on Thursday, November, 2nd. The company provided earnings per share (EPS) 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 retail and institutional 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 12/9/2023 by MarketBeat.com Staff

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