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

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

Pinnacle West Capital declared a quarterly dividend on Thursday, December 19th. Investors of record on Monday, February 3rd will be given a dividend of $0.7825 per share on Monday, March 2nd. This represents a $3.13 annualized dividend and a yield of 3.02%. The ex-dividend date of this dividend is Friday, January 31st. View Pinnacle West Capital's Dividend History.

Pinnacle West Capital Co. (NYSE:PNW) announced its quarterly earnings results on Friday, February, 21st. The utilities provider reported $0.57 earnings per share for the quarter, beating the Zacks' 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 return on equity of 9.19% and a net margin of 14.07%. The company's revenue was down 11.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.23 EPS. View Pinnacle West Capital's Earnings History.

Pinnacle West Capital is scheduled to release their next quarterly earnings announcement on Friday, February 21st 2020. View Earnings Estimates for Pinnacle West Capital.

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

11 Wall Street analysts have issued 12 month price objectives for Pinnacle West Capital's shares. Their forecasts range from $93.00 to $108.00. On average, they anticipate Pinnacle West Capital's share price to reach $98.00 in the next year. This suggests that the stock has a possible downside of 5.4%. View Analyst Price Targets for Pinnacle West Capital.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pinnacle West Capital in the last year. There are currently 2 sell ratings, 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Pinnacle West Capital.

Media coverage about PNW stock has been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Pinnacle West Capital earned a media sentiment score of 0.6 on InfoTrie's scale. They also assigned media headlines about the utilities provider a news buzz of 7.0 out of 10, meaning that recent media coverage is likely to have an impact on the company's share price in the next several days. View News Stories for Pinnacle West Capital.

Pinnacle West Capital saw a decrease in short interest during the month of January. As of January 31st, there was short interest totalling 2,500,000 shares, a decrease of 18.0% from the January 15th total of 3,050,000 shares. Based on an average daily volume of 970,700 shares, the short-interest ratio is currently 2.6 days. Currently, 2.2% of the shares of the stock 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), PPL (PPL), Entergy (ETR), OGE Energy (OGE), IDACORP (IDA), Portland General Electric (POR) and Hawaiian Electric Industries (HE).

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's stock is owned by many different of institutional and retail investors. Top institutional shareholders include State Street Corp (5.80%), AQR Capital Management LLC (3.61%), Renaissance Technologies LLC (2.70%), Geode Capital Management LLC (1.68%), Massachusetts Financial Services Co. MA (1.35%) and Franklin Resources Inc. (1.23%). Company insiders that own Pinnacle West Capital stock include Barbara D Lockwood, Bruce J Nordstrom, Denis A Cortese, Denise R Danner, Donald E Brandt, Donna M Easterly, James R Hatfield, Jeffrey B Guldner, John S Hatfield, Kathryn L Munro, Lee R Nickloy, Mark A Schiavoni, Michael L Gallagher and Robert S Bement. View Institutional Ownership Trends for Pinnacle West Capital.

PNW stock was sold by a variety of institutional investors in the last quarter, including Barrow Hanley Mewhinney & Strauss LLC, Reaves W H & Co. Inc., Brookfield Public Securities Group LLC, AQR Capital Management LLC, Man Group plc, Renaissance Technologies LLC, Panagora Asset Management Inc. and Teacher Retirement System of Texas. Company insiders that have sold Pinnacle West Capital company stock in the last year include Barbara D Lockwood, Bruce J Nordstrom, Denis A Cortese, Denise R Danner, Donald E Brandt, Donna M Easterly, James R Hatfield, Jeffrey B Guldner, Lee R Nickloy and Michael L Gallagher. View Insider Buying and Selling for Pinnacle West Capital.

PNW stock was purchased by a variety of institutional investors in the last quarter, including State Street Corp, Retirement Systems of Alabama, Bank of Montreal Can, Russell Investments Group Ltd., Massachusetts Financial Services Co. MA, Amundi Pioneer Asset Management Inc., FIL Ltd and Barclays PLC. View Insider Buying and Selling for 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.

One share of PNW stock can currently be purchased for approximately $103.60.

Pinnacle West Capital has a market capitalization of $11.65 billion and generates $3.69 billion in revenue each year. The utilities provider earns $511.05 million in net income (profit) each year or $4.54 on an earnings per share basis. Pinnacle West Capital employs 6,259 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, 85004. The utilities provider can be reached via phone at 602-250-1000 or via email at [email protected]