NYSE:PNW

Pinnacle West Capital Stock Forecast, Price & News

$81.72
-0.54 (-0.66 %)
(As of 06/23/2021 01:55 PM ET)
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Today's Range
$81.33
$82.27
50-Day Range
$81.05
$88.12
52-Week Range
$69.29
$91.88
Volume20,321 shs
Average Volume899,673 shs
Market Capitalization$9.21 billion
P/E Ratio16.58
Dividend Yield4.02%
Beta0.3
30 days | 90 days | 365 days | Advanced Chart
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About Pinnacle West Capital

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 approximately 5,728 pole miles of overhead lines and approximately 74 miles of underground lines; and distribution facilities comprise approximately 11,225 miles of overhead lines and approximately 22,453 miles of underground primary cable, as well as owns and maintains 80 transmission substations and 443 distribution substations. The company also owns or leases approximately 6,321 megawatts of regulated generation capacity. It serves approximately 1.3 million customers. The company was incorporated in 1985 and is headquartered in Phoenix, Arizona.

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MarketRank

Overall MarketRank

2.26 out of 5 stars

Utilities Sector

14th out of 280 stocks

Electric Services Industry

7th out of 79 stocks

Analyst Opinion: 2.1Community Rank: 1.5Dividend Strength: 4.2Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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Pinnacle West Capital (NYSE:PNW) Frequently Asked Questions

Is Pinnacle West Capital a buy right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Pinnacle West Capital in the last year. There are currently 1 sell rating, 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Pinnacle West Capital stock. 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 analyst ratings for Pinnacle West Capital
or view top-rated stocks.

What stocks does MarketBeat like better than Pinnacle West Capital?

Wall Street analysts have given Pinnacle West Capital a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Pinnacle West Capital wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Pinnacle West Capital?

Pinnacle West Capital saw a increase in short interest during the month of May. As of May 14th, there was short interest totaling 4,330,000 shares, an increase of 52.5% from the April 29th total of 2,840,000 shares. Based on an average daily trading volume, of 908,400 shares, the short-interest ratio is currently 4.8 days.
View Pinnacle West Capital's Short Interest
.

When is Pinnacle West Capital's next earnings date?

Pinnacle West Capital is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for Pinnacle West Capital
.

How were Pinnacle West Capital's earnings last quarter?

Pinnacle West Capital Co. (NYSE:PNW) issued its quarterly earnings results on Wednesday, May, 5th. The utilities provider reported $0.32 earnings per share for the quarter, topping analysts' consensus estimates of $0.25 by $0.07. The utilities provider had revenue of $696.48 million for the quarter, compared to the consensus estimate of $709.94 million. Pinnacle West Capital had a trailing twelve-month return on equity of 9.62% and a net margin of 15.36%. The firm's revenue for the quarter was up 5.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.27 EPS.
View Pinnacle West Capital's earnings history
.

How has Pinnacle West Capital's stock price been impacted by COVID-19?

Pinnacle West Capital's stock was trading at $89.55 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PNW shares have decreased by 9.0% and is now trading at $81.48.
View which stocks have been most impacted by COVID-19
.

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 21st. Stockholders of record on Monday, May 3rd will be paid a dividend of $0.83 per share on Tuesday, June 1st. This represents a $3.32 dividend on an annualized basis and a dividend yield of 4.07%. The ex-dividend date of this dividend is Friday, April 30th.
View Pinnacle West Capital's dividend history
.

Is Pinnacle West Capital a good dividend stock?

Pinnacle West Capital pays an annual dividend of $3.32 per share and currently has a dividend yield of 4.02%. PNW has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Pinnacle West Capital has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Pinnacle West Capital is 68.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Pinnacle West Capital will have a dividend payout ratio of 65.74% next year. This indicates that Pinnacle West Capital will be able to sustain or increase its dividend.
View Pinnacle West Capital's dividend history.

What price target have analysts set for PNW?

9 analysts have issued 12-month price targets for Pinnacle West Capital's stock. Their forecasts range from $78.00 to $100.00. On average, they anticipate Pinnacle West Capital's stock price to reach $89.00 in the next twelve months. This suggests a possible upside of 9.2% from the stock's current price.
View analysts' price targets for Pinnacle West Capital
or view top-rated stocks among Wall Street analysts.

Who are Pinnacle West Capital's key executives?

Pinnacle West Capital's management team includes the following people:
  • Mr. Jeffrey B. Guldner, Chairman, Pres & CEO (Age 55, Pay $2.68M)
  • Mr. Theodore N. Geisler, Sr. VP & CFO (Age 42, Pay $722.34k)
  • Mr. James R. Hatfield, Exec. VP & Chief Admin. Officer (Age 63, Pay $1.42M)
  • Mr. Robert E. Smith, Sr. VP & Gen. Counsel (Age 51, Pay $1.25M)
  • Ms. Maria L. Lacal, EVP & Chief Nuclear Officer of Palo Verde Generating Station - Arizona Public Service Company (Age 60, Pay $1.16M)
  • Mr. Daniel T. Froetscher, Pres & COO of Arizona Public Service Company (Age 59, Pay $1.13M)
  • Ms. Elizabeth A. Blankenship, VP, Controller & Chief Accounting Officer (Age 49)
  • Ms. Stefanie A. Layton, Director of Investor Relations
  • Mr. John J. Cadogan, Sr. VP of Site Ops, Palo Verde Nuclear Generating Station - Arizona Public Service Co.
  • Diane Wood, Assistant VP & Sec.

What is Don Brandt's approval rating as Pinnacle West Capital's CEO?

11 employees have rated Pinnacle West Capital CEO Don Brandt on Glassdoor.com. Don Brandt has an approval rating of 54% among Pinnacle West Capital's employees. This puts Don Brandt in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

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), AT&T (T), Pfizer (PFE), Exxon Mobil (XOM), International Business Machines (IBM), The Procter & Gamble (PG), Walmart (WMT), Chevron (CVX) and AbbVie (ABBV).

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 a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.40%), Franklin Resources Inc. (3.63%), Massachusetts Financial Services Co. MA (2.59%), Ameriprise Financial Inc. (2.24%), Geode Capital Management LLC (1.82%) and Mitsubishi UFJ Trust & Banking Corp (1.57%). Company insiders that own Pinnacle West Capital stock include Barbara D Lockwood, Daniel T Froetscher, James R Hatfield and Lee R Nickloy.
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 Renaissance Technologies LLC, Alliancebernstein L.P., Morgan Stanley, Assenagon Asset Management S.A., BNP Paribas Arbitrage SA, Franklin Resources Inc., AQR Capital Management LLC, and Glenmede Trust Co. NA.
View insider buying and selling activity for Pinnacle West Capital
or view top insider-selling stocks.

Which institutional investors are buying Pinnacle West Capital stock?

PNW stock was acquired by a variety of institutional investors in the last quarter, including ClearBridge Investments Ltd, Credit Suisse AG, River Road Asset Management LLC, Mitsubishi UFJ Trust & Banking Corp, SG Americas Securities LLC, BlackRock Inc., APG Asset Management N.V., and Boston Partners.
View insider buying and selling activity for Pinnacle West Capital
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Pinnacle West Capital's stock price today?

One share of PNW stock can currently be purchased for approximately $81.48.

How much money does Pinnacle West Capital make?

Pinnacle West Capital has a market capitalization of $9.19 billion and generates $3.59 billion in revenue each year. The utilities provider earns $550.56 million in net income (profit) each year or $4.87 on an earnings per share basis.

How many employees does Pinnacle West Capital have?

Pinnacle West Capital employs 6,026 workers across the globe.

When was Pinnacle West Capital founded?

Pinnacle West Capital was founded in 1894.

What is Pinnacle West Capital's official website?

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

Where are Pinnacle West Capital's headquarters?

Pinnacle West Capital is headquartered at 400 NORTH FIFTH STREET MS8695, PHOENIX AZ, 85072.

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 6/23/2021 by MarketBeat.com Staff
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