NYSE:PNW - Pinnacle West Capital Stock Price, Forecast & News

Pinnacle West Capital's stock was trading at $89.55 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PNW shares have decreased by 20.9% and is now trading at $70.84. View which stocks have been mosted impacted by Coronavirus.

11 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Pinnacle West Capital.

Pinnacle West Capital is scheduled to release its next quarterly earnings announcement on Wednesday, May 6th 2020. View our earnings forecast for Pinnacle West Capital.

Pinnacle West Capital Co. (NYSE:PNW) posted its quarterly earnings data on Friday, February, 21st. The utilities provider reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.10. The utilities provider had revenue of $670.40 million for the quarter, compared to analysts' expectations of $783.63 million. Pinnacle West Capital had a net margin of 15.51% and a return on equity of 9.80%. The business's revenue for the quarter was down 11.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.23 earnings per share. View Pinnacle West Capital's earnings history.

Pinnacle West Capital announced a quarterly dividend on Thursday, December 19th. Shareholders of record on Monday, February 3rd will be paid a dividend of $0.7825 per share on Monday, March 2nd. This represents a $3.13 dividend on an annualized basis and a yield of 4.42%. The ex-dividend date is Friday, January 31st. View Pinnacle West Capital's dividend history.

Pinnacle West Capital issued an update on its FY20 earnings guidance on Friday, February, 21st. The company provided earnings per share guidance of $4.75-4.95 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.86.

11 Wall Street analysts have issued twelve-month target prices for Pinnacle West Capital's shares. Their forecasts range from $66.00 to $110.00. On average, they anticipate Pinnacle West Capital's stock price to reach $93.33 in the next year. This suggests a possible upside of 31.8% from the stock's current price. View analysts' price targets for Pinnacle West Capital.

Media stories about PNW stock have been trending very negative on Wednesday, according to InfoTrie. The research group scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Pinnacle West Capital earned a coverage optimism score of -3.3 on InfoTrie's scale. They also assigned news headlines about the utilities provider a news buzz of 0.0 out of 10, indicating that recent news 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.

Pinnacle West Capital saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 3,230,000 shares, an increase of 18.3% from the February 13th total of 2,730,000 shares. Based on an average trading volume of 1,000,000 shares, the days-to-cover ratio is presently 3.2 days. Approximately 2.9% of the shares of the company are sold short. View Pinnacle West Capital's Current Options Chain.

Some companies that are related to Pinnacle West Capital include NextEra Energy (NEE), Duke Energy (DUK), Southern (SO), American Electric Power (AEP), Exelon (EXC), Xcel Energy (XEL), Eversource Energy (ES), FirstEnergy (FE), Edison International (EIX), Entergy (ETR), PPL (PPL), OGE Energy (OGE), Hawaiian Electric Industries (HE), Portland General Electric (POR) and IDACORP (IDA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Pinnacle West Capital investors own include Spark Energy (SPKE), Verizon Communications (VZ), Intel (INTC), Exxon Mobil (XOM), Altria Group (MO), NVIDIA (NVDA), IBM (IBM), Wells Fargo & Co (WFC), Netflix (NFLX) and Walgreens Boots Alliance (WBA).

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

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.

One share of PNW stock can currently be purchased for approximately $70.84.

Pinnacle West Capital has a market capitalization of $7.97 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. View additional information about Pinnacle West Capital.

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

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]