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 resources. The company serves approximately 1.2 million homes and businesses. It owns or leases approximately 6,236 megawatts of regulated generation capacity. The company was founded in 1920 and is headquartered in Phoenix, Arizona.
Industry, Sector and Symbol
Industry Electric services
Sub-IndustryElectric Utilities
SectorUtilities
SymbolNYSE:PNW
CUSIP72348410
Phone602-250-1000
Debt
Debt-to-Equity Ratio0.83
Current Ratio0.51
Quick Ratio0.35
Price-To-Earnings
Trailing P/E Ratio17.82
Forward P/E Ratio17.42
P/E Growth3.89
Sales & Book Value
Annual Sales$3.57 billion
Price / Sales2.43
Cash Flow$9.6792 per share
Price / Cash8.01
Book Value$45.97 per share
Price / Book1.69
Profitability
EPS (Most Recent Fiscal Year)$4.35
Net Income$488.45 million
Net Margins13.08%
Return on Equity9.11%
Return on Assets2.76%
Miscellaneous
Employees6,292
Outstanding Shares111,930,000
Pinnacle West Capital (NYSE:PNW) Frequently Asked Questions
What is Pinnacle West Capital's stock symbol?
Pinnacle West Capital trades on the New York Stock Exchange (NYSE) under the ticker symbol "PNW."
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, June 20th. Shareholders of record on Wednesday, August 1st will be given a dividend of $0.695 per share on Tuesday, September 4th. This represents a $2.78 dividend on an annualized basis and a yield of 3.59%. View Pinnacle West Capital's Dividend History.
How were Pinnacle West Capital's earnings last quarter?
Pinnacle West Capital Co. (NYSE:PNW) released its quarterly earnings data on Wednesday, May, 2nd. The utilities provider reported $0.03 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.10 by $0.07. The utilities provider had revenue of $692.71 million for the quarter, compared to analyst estimates of $680.96 million. Pinnacle West Capital had a net margin of 13.08% and a return on equity of 9.11%. Pinnacle West Capital's quarterly revenue was up 2.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.21 EPS. View Pinnacle West Capital's Earnings History.
When is Pinnacle West Capital's next earnings date?
What guidance has Pinnacle West Capital issued on next quarter's earnings?
Pinnacle West Capital updated its FY18 earnings guidance on Wednesday, May, 2nd. The company provided earnings per share guidance of $4.35-4.55 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.47.
What price target have analysts set for PNW?
11 brokers have issued 12-month price objectives for Pinnacle West Capital's shares. Their predictions range from $78.00 to $89.00. On average, they expect Pinnacle West Capital's share price to reach $83.60 in the next twelve months. View Analyst Ratings for Pinnacle West Capital.
Who are some of Pinnacle West Capital's key competitors?
Some companies that are related to Pinnacle West Capital include American Electric Power (AEP), CLP (CLPHY), Edison International (EIX), Tenaga Nasional Bhd (TNABY), Korea Electric Power (KEP), PPL (PPL), SSE PLC/S (SSEZY), DTE Energy (DTE), Eversource Energy (ES), FirstEnergy (FE), Avangrid (AGR), Entergy (ETR), EDP-Energias de Portugal, S.A (EDPFY), Fortis (FTS) and Vistra Energy (VST).
Who are Pinnacle West Capital's key executives?
Pinnacle West Capital's management team includes the folowing people:
- Mr. Donald E. Brandt CPA, Chairman, Pres & CEO (Age 63)
- Mr. James R. Hatfield, Exec. VP & CFO (Age 60)
- Mr. David P. Falck, Exec. VP of Law (Age 65)
- Mr. Robert S. Bement, EVP & Chief Nuclear Officer of Palo Verde Nuclear Generating Station - Arizona Public Service Co. (Age 62)
- Ms. Denise R. Danner, VP, Controller & Chief Accounting Officer (Age 62)
Has Pinnacle West Capital been receiving favorable news coverage?
Media stories about PNW stock have trended somewhat positive recently, according to Accern Sentiment. Accern ranks the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Pinnacle West Capital earned a news impact score of 0.24 on Accern's scale. They also assigned media stories about the utilities provider an impact score of 47.95 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days.
Who are Pinnacle West Capital's major shareholders?
Pinnacle West Capital's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.71%), Boston Partners (3.21%), American Century Companies Inc. (2.43%), Barrow Hanley Mewhinney & Strauss LLC (2.25%), Millennium Management LLC (1.66%) and Wedge Capital Management L L P NC (1.54%). Company insiders that own Pinnacle West Capital 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 and Michael L Gallagher. View Institutional Ownership Trends for Pinnacle West Capital.
Which institutional investors are selling Pinnacle West Capital stock?
PNW stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Franklin Resources Inc., Lord Abbett & CO. LLC, California Public Employees Retirement System, Allianz Asset Management GmbH, Allianz Asset Management GmbH, Ontario Teachers Pension Plan Board and Swiss National Bank. Company insiders that have sold Pinnacle West Capital company stock in the last year include David P Falck, Donald E Brandt, John S Hatfield, Kathryn L Munro, Mark A Schiavoni and Michael L Gallagher. View Insider Buying and Selling for Pinnacle West Capital.
Which institutional investors are buying Pinnacle West Capital stock?
PNW stock was bought by a variety of institutional investors in the last quarter, including Barrow Hanley Mewhinney & Strauss LLC, BlackRock Inc., Epoch Investment Partners Inc., Monarch Partners Asset Management LLC, JPMorgan Chase & Co., Forsta AP Fonden, Boston Partners and Guggenheim Capital LLC. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Pinnacle West Capital's stock price today?
One share of PNW stock can currently be purchased for approximately $77.53.
How big of a company is Pinnacle West Capital?
Pinnacle West Capital has a market capitalization of $8.70 billion and generates $3.57 billion in revenue each year. The utilities provider earns $488.45 million in net income (profit) each year or $4.35 on an earnings per share basis. Pinnacle West Capital employs 6,292 workers across the globe.
How can I contact Pinnacle West Capital?
Pinnacle West Capital's mailing address is 400 NORTH FIFTH STREET MS8695, PHOENIX AZ, 85004. The utilities provider can be reached via phone at 602-250-1000 or via email at [email protected]
MarketBeat Community Rating for Pinnacle West Capital (PNW)
MarketBeat's community ratings are surveys of what our community members think about Pinnacle West Capital and other stocks. Vote "Outperform" if you believe PNW will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PNW will underperform the S&P 500 over the long term. You may vote once every thirty days.
