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
Stock Exchange NYSE
Industry Electric services
Sub-IndustryElectric Utilities
SectorUtilities
Current SymbolNYSE:PNW
Previous Symbol
CUSIP72348410
Phone602-250-1000
Debt
Debt-to-Equity Ratio0.82
Current Ratio0.70
Quick Ratio0.52
Price-To-Earnings
Trailing P/E Ratio20.90
Forward P/E Ratio20.29
P/E Growth4.53
Sales & Book Value
Annual Sales$3.57 billion
Price / Sales2.86
Cash Flow$9.7230 per share
Price / Cash Flow9.35
Book Value$45.97 per share
Price / Book1.98
Profitability
EPS (Most Recent Fiscal Year)$4.35
Net Income$488.45 million
Net Margins13.71%
Return on Equity9.68%
Return on Assets2.92%
Miscellaneous
Employees6,292
Outstanding Shares112,080,000
Market Cap$10.17 billion
OptionableOptionable
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 Thursday, October 18th. Investors of record on Thursday, November 1st will be given a dividend of $0.7375 per share on Monday, December 3rd. This represents a $2.95 dividend on an annualized basis and a yield of 3.24%. The ex-dividend date is Wednesday, October 31st. This is an increase from Pinnacle West Capital's previous quarterly dividend of $0.70. View Pinnacle West Capital's Dividend History.
How were Pinnacle West Capital's earnings last quarter?
Pinnacle West Capital Co. (NYSE:PNW) issued its quarterly earnings data on Thursday, November, 8th. The utilities provider reported $2.80 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $2.75 by $0.05. The utilities provider earned $1.27 billion during the quarter, compared to the consensus estimate of $1.15 billion. Pinnacle West Capital had a return on equity of 9.68% and a net margin of 13.71%. The firm's quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.46 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 issued an update on its FY 2018 earnings guidance on Thursday, November, 8th. The company provided EPS guidance of $4.35-4.55 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.48. Pinnacle West Capital also updated its FY18 guidance to $1.35-4.55 EPS.
What price target have analysts set for PNW?
11 analysts have issued 12 month price objectives for Pinnacle West Capital's stock. Their predictions range from $80.00 to $92.00. On average, they expect Pinnacle West Capital's stock price to reach $86.00 in the next twelve months. This suggests that the stock has a possible downside of 5.4%. View Analyst Price Targets for Pinnacle West Capital.
What is the consensus analysts' recommendation 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 7 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Pinnacle West Capital.
Has Pinnacle West Capital been receiving favorable news coverage?
Headlines about PNW stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Pinnacle West Capital earned a news impact score of 1.5 on InfoTrie's scale. They also assigned news stories about the utilities provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near future.
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), PPL (PPL), Eversource Energy (ES), DTE Energy (DTE), FirstEnergy (FE), Edison International (EIX), Tenaga Nasional Bhd (TNABY), Korea Electric Power (KEP), Avangrid (AGR), Entergy (ETR), Fortis (FTS), CenterPoint Energy (CNP), SSE PLC/S (SSEZY) and EDP-Energias de Portugal, S.A (EDPFY).
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. 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)
- Ms. Stefanie Layton, Director, Investor Relations
Who are Pinnacle West Capital's major shareholders?
Pinnacle West Capital's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.53%), Vanguard Group Inc. (10.85%), American Century Companies Inc. (2.60%), Renaissance Technologies LLC (2.22%), TIAA CREF Investment Management LLC (1.47%) and Franklin Resources Inc. (1.39%). Company insiders that own Pinnacle West Capital stock include Barbara M Gomez, Daniel T Froetscher, David P Falck, Denis A Cortese, Denise R Danner, 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 BlackRock Inc., Zimmer Partners LP, Assenagon Asset Management S.A., Mitsubishi UFJ Trust & Banking Corp, Allianz Asset Management GmbH, Reaves W H & Co. Inc., Ontario Teachers Pension Plan Board and Korea Investment CORP. Company insiders that have sold Pinnacle West Capital company stock in the last year include David P Falck, Denise R Danner, Donald E Brandt, John S Hatfield, Kathryn L Munro and Mark A Schiavoni. View Insider Buying and Selling for Pinnacle West Capital.
Which institutional investors are buying Pinnacle West Capital stock?
PNW stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Deutsche Bank AG, Canada Pension Plan Investment Board, American Century Companies Inc., FMR LLC, TIAA CREF Investment Management LLC, Massachusetts Financial Services Co. MA and Ffcm 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 $90.91.
How big of a company is Pinnacle West Capital?
Pinnacle West Capital has a market capitalization of $10.17 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.
What is Pinnacle West Capital's official website?
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 (NYSE 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.
