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NYSE:PNWPinnacle West Capital Stock Price, Forecast & News

$78.16
+0.58 (+0.75 %)
(As of 06/3/2020 04:00 PM ET)
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Today's Range
$77.65
Now: $78.16
$78.76
50-Day Range
$71.42
MA: $75.47
$81.83
52-Week Range
$60.05
Now: $78.16
$105.51
Volume1.04 million shs
Average Volume1.18 million shs
Market Capitalization$8.79 billion
P/E Ratio15.98
Dividend Yield4.00%
Beta0.37
Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona. It generates, transmits, and distributes electricity using coal, nuclear, gas, oil, and solar generating facilities. The company serves approximately 1.2 million customers. It owns or leases approximately 6,015 megawatts of regulated generation capacity. The company was incorporated in 1985 and is headquartered in Phoenix, Arizona.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.1Community Rank: 1.5Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.21 out of 5 stars


Industry, Sector and Symbol

Industry Electric services
Sub-IndustryElectric Utilities
SectorUtilities
CUSIP72348410
Phone602-250-1000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.47 billion
Cash Flow$11.21 per share
Book Value$49.40 per share

Profitability

Net Income$538.32 million

Miscellaneous

Employees6,210
Market Cap$8.79 billion
Next Earnings Date8/13/2020 (Estimated)
OptionableOptionable

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Pinnacle West Capital (NYSE:PNW) Frequently Asked Questions

How has Pinnacle West Capital's stock been impacted by COVID-19 (Coronavirus)?

Pinnacle West Capital's stock was trading at $89.55 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, PNW shares have decreased by 12.7% and is now trading at $78.16. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Pinnacle West Capital?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pinnacle West Capital in the last year. There are currently 1 sell rating, 8 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Pinnacle West Capital.

When is Pinnacle West Capital's next earnings date?

Pinnacle West Capital is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Pinnacle West Capital.

How were Pinnacle West Capital's earnings last quarter?

Pinnacle West Capital Co. (NYSE:PNW) posted its earnings results on Friday, May, 8th. The utilities provider reported $0.27 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.16 by $0.11. The utilities provider earned $661.93 million during the quarter, compared to the consensus estimate of $749.63 million. Pinnacle West Capital had a return on equity of 9.92% and a net margin of 16.22%. The business's quarterly revenue was down 10.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.16 earnings per share. View Pinnacle West Capital's earnings history.

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, April 22nd. Investors of record on Monday, May 4th will be paid a dividend of $0.7825 per share on Monday, June 1st. This represents a $3.13 dividend on an annualized basis and a dividend yield of 4.00%. The ex-dividend date is Friday, May 1st. View Pinnacle West Capital's dividend history.

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

Pinnacle West Capital issued an update on its FY 2020 Pre-Market earnings guidance on Friday, May, 8th. The company provided EPS guidance of 4.75-4.95 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.81.

What price target have analysts set for PNW?

13 analysts have issued twelve-month price objectives for Pinnacle West Capital's stock. Their forecasts range from $73.00 to $102.00. On average, they anticipate Pinnacle West Capital's share price to reach $89.70 in the next twelve months. This suggests a possible upside of 14.8% from the stock's current price. View analysts' price targets for Pinnacle West Capital.

Has Pinnacle West Capital been receiving favorable news coverage?

Media coverage about PNW stock has been trending negative on Thursday, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Pinnacle West Capital earned a news sentiment score of -2.8 on InfoTrie's scale. They also assigned news coverage about the utilities provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutPinnacle West Capital.

Are investors shorting Pinnacle West Capital?

Pinnacle West Capital saw a drop in short interest in May. As of May 15th, there was short interest totaling 1,850,000 shares, a drop of 18.5% from the April 30th total of 2,270,000 shares. Based on an average daily volume of 1,210,000 shares, the short-interest ratio is currently 1.5 days. Currently, 1.7% of the shares of the company are short sold. View Pinnacle West Capital's Current Options Chain.

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

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), Spark Energy (SPKE), Exxon Mobil (XOM), IBM (IBM), Bank of America (BAC), Procter & Gamble (PG), Altria Group (MO), Netflix (NFLX) and NVIDIA (NVDA).

Who are Pinnacle West Capital's key executives?

Pinnacle West Capital's management team includes the following people:
  • Mr. Donald E. Brandt CPA, Chairman, Pres & CEO (Age 64)
  • Mr. James R. Hatfield, Exec. VP & CFO (Age 61)
  • Mr. Robert S. Bement, Exec. VP & Chief Nuclear Officer of Palo Verde Generating Station - APS (Age 63)
  • Mr. Daniel T. Froetscher, Exec. VP of Operations - APS (Age 57)
  • Mr. Jeffrey B. Guldner, Exec. VP of Public Policy (Age 53)

What is Pinnacle West Capital's stock symbol?

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

Who are Pinnacle West Capital's major shareholders?

Pinnacle West Capital's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (11.72%), State Street Corp (5.90%), Invesco Ltd. (2.62%), AQR Capital Management LLC (2.37%), Zimmer Partners LP (2.14%) and Geode Capital Management LLC (1.70%). Company insiders that own Pinnacle West Capital stock include Barbara D Lockwood, Bruce J Nordstrom, Daniel T Froetscher, Denis A Cortese, Denise R Danner, Donald E Brandt, Donna M Easterly, James R Hatfield, Jeffrey B Guldner, Lee R Nickloy, Michael L Gallagher and Robert S Bement. View institutional ownership trends for Pinnacle West Capital.

Which major investors are selling Pinnacle West Capital stock?

PNW stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Wells Fargo & Company MN, Deutsche Bank AG, Janus Henderson Group PLC, APG Asset Management N.V., UBS Group AG, BlackRock Inc., and JPMorgan Chase & Co.. Company insiders that have sold Pinnacle West Capital company stock in the last year include Barbara D Lockwood, Daniel T Froetscher, James R Hatfield, and Lee R Nickloy. View insider buying and selling activity for Pinnacle West Capital.

Which major investors are buying Pinnacle West Capital stock?

PNW stock was acquired by a variety of institutional investors in the last quarter, including Zimmer Partners LP, Invesco Ltd., AMF Pensionsforsakring AB, Banco Santander S.A., Massachusetts Financial Services Co. MA, Swiss National Bank, State Street Corp, and Unigestion Holding SA. View insider buying and selling activity for Pinnacle West Capital.

How do I buy shares of Pinnacle West Capital?

Shares of PNW can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Pinnacle West Capital's stock price today?

One share of PNW stock can currently be purchased for approximately $78.16.

How big of a company is Pinnacle West Capital?

Pinnacle West Capital has a market capitalization of $8.79 billion and generates $3.47 billion in revenue each year. The utilities provider earns $538.32 million in net income (profit) each year or $4.77 on an earnings per share basis. Pinnacle West Capital employs 6,210 workers across the globe.

What is Pinnacle West Capital's official website?

The official website for Pinnacle West Capital is www.pinnaclewest.com.

How can I contact Pinnacle West Capital?

Pinnacle West Capital's mailing address is 400 NORTH FIFTH STREET MS8695, PHOENIX AZ, 85072. The utilities provider can be reached via phone at 602-250-1000 or via email at [email protected]

This page was last updated on 6/4/2020 by MarketBeat.com Staff

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