NYSE:PNW Pinnacle West Capital Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Pinnacle West Capital Co. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $73.77 +1.01 (+1.39 %) (As of 09/25/2020 12:00 AM ET) Add Compare Share Today's Range$72.00Now: $73.77▼$73.9050-Day Range$70.43MA: $74.50▼$82.5852-Week Range$60.05Now: $73.77▼$105.51Volume742,160 shsAverage Volume1.10 million shsMarket Capitalization$8.30 billionP/E Ratio13.87Dividend Yield4.30%Beta0.29 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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 generating facilities. The company serves approximately 1.2 million customers. It owns or leases approximately 6,015 megawatts of regulated generation capacity. The company was incorporated in 1985 and is headquartered in Phoenix, Arizona.Read More Beat the Market (BTM) Rank™ 2.3 Analyst's Opinion Consensus RatingPinnacle West Capital has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 5 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $88.13, Pinnacle West Capital has a forecasted upside of 19.5% from its current price of $73.77.Amount of Analyst CoveragePinnacle West Capital has only been the subject of 3 research reports in the past 90 days. Previous Next 1.5 Community Rank Outperform VotesPinnacle West Capital has received 363 “outperform” votes. (Add your “outperform” vote.)Underperform VotesPinnacle West Capital has received 831 “underperform” votes. (Add your “underperform” vote.)Community SentimentPinnacle West Capital has received 69.60% “underperform” votes from our community.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. Previous Next 4.2 Dividend Strength Dividend LeadershipPinnacle West Capital is a leading dividend payer. It pays a dividend yield of 4.30%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPinnacle West Capital has been increasing its dividend for 8 years.Dividend CoverageThe dividend payout ratio of Pinnacle West Capital is 65.62%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Pinnacle West Capital will have a dividend payout ratio of 62.73% next year. This indicates that Pinnacle West Capital will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Pinnacle West Capital insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.31% of the stock of Pinnacle West Capital is held by insiders.Percentage Held by Institutions83.69% of the stock of Pinnacle West Capital is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Pinnacle West Capital are expected to grow by 3.53% in the coming year, from $4.82 to $4.99 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Pinnacle West Capital is 13.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.38.Price to Earnings Ratio vs. SectorThe P/E ratio of Pinnacle West Capital is 13.87, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 20.15.Price to Earnings Growth RatioPinnacle West Capital has a PEG Ratio of 3.13. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPinnacle West Capital has a P/B Ratio of 1.49. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.3Community Rank: 1.5Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.16 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Electric services Sub-IndustryElectric Utilities SectorUtilities Current SymbolNYSE:PNW Previous Symbol CUSIP72348410 CIK764622 Webwww.pinnaclewest.com Phone602-250-1000Debt Debt-to-Equity Ratio1.06 Current Ratio0.77 Quick Ratio0.54Price-To-Earnings Trailing P/E Ratio13.87 Forward P/E Ratio15.30 P/E Growth3.13 Sales & Book Value Annual Sales$3.47 billion Price / Sales2.39 Cash Flow$11.58 per share Price / Cash Flow6.37 Book Value$49.40 per share Price / Book1.49Profitability EPS (Most Recent Fiscal Year)$4.77 Net Income$538.32 million Net Margins17.37% Return on Equity10.69% Return on Assets3.21%Miscellaneous Employees6,210 Outstanding Shares112,557,000Market Cap$8.30 billion Next Earnings Date11/5/2020 (Estimated) OptionableOptionable $73.77 +1.01 (+1.39 %) (As of 09/25/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive PNW News and Ratings via Email Sign-up to receive the latest news and ratings for PNW and its competitors with MarketBeat's FREE daily newsletter. Pinnacle West Capital (NYSE:PNW) Frequently Asked Questions How has Pinnacle West Capital's stock been impacted by COVID-19 (Coronavirus)? Pinnacle West Capital's stock was trading at $89.55 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, PNW shares have decreased by 17.6% and is now trading at $73.77. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Pinnacle West Capital? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pinnacle West Capital in the last year. There are currently 5 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Pinnacle West Capital. When is Pinnacle West Capital's next earnings date? Pinnacle West Capital is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020. 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 earnings results on Thursday, August, 6th. The utilities provider reported $1.71 EPS for the quarter, beating analysts' consensus estimates of $1.48 by $0.23. The utilities provider earned $929.50 million during the quarter, compared to analyst estimates of $915.14 million. Pinnacle West Capital had a return on equity of 10.69% and a net margin of 17.37%. The business's revenue for the quarter was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.28 earnings per share. View Pinnacle West Capital's earnings history. 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 17th. Shareholders of record on Monday, August 3rd will be given a dividend of $0.7825 per share on Tuesday, September 1st. This represents a $3.13 annualized dividend and a dividend yield of 4.24%. The ex-dividend date of this dividend is Friday, July 31st. View Pinnacle West Capital's dividend history. What guidance has Pinnacle West Capital issued on next quarter's earnings? Pinnacle West Capital issued an update on its FY20 earnings guidance on Thursday, August, 6th. The company provided EPS guidance of $4.75-4.95 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.82. What price target have analysts set for PNW? 10 equities research analysts have issued 1 year target prices for Pinnacle West Capital's stock. Their forecasts range from $80.00 to $97.00. On average, they expect Pinnacle West Capital's stock price to reach $88.13 in the next year. This suggests a possible upside of 19.5% from the stock's current price. View analysts' price targets for Pinnacle West Capital. Are investors shorting Pinnacle West Capital? Pinnacle West Capital saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 1,930,000 shares, an increase of 19.1% from the August 31st total of 1,620,000 shares. Based on an average daily trading volume, of 917,600 shares, the days-to-cover ratio is presently 2.1 days. View Pinnacle West Capital's Short Interest. Who are some of Pinnacle West Capital's key competitors? Some companies that are related to Pinnacle West Capital include NextEra Energy (NEE), Duke Energy (DUK), Southern (SO), American Electric Power (AEP), Xcel Energy (XEL), Exelon (EXC), Eversource Energy (ES), PPL (PPL), Edison International (EIX), Entergy (ETR), FirstEnergy (FE), OGE Energy (OGE), IDACORP (IDA), Hawaiian Electric Industries (HE) and PNM Resources (PNM). View all 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), Pfizer (PFE), AT&T (T), Procter & Gamble (PG), Exxon Mobil (XOM), IBM (IBM), Walmart (WMT), AbbVie (ABBV) and Cisco Systems (CSCO). Who are Pinnacle West Capital's key executives? Pinnacle West Capital's management team includes the following people: Mr. Donald E. Brandt CPA, Chairman, Pres & CEO (Age 64)Mr. James R. Hatfield, Exec. VP & CFO (Age 61)Mr. Robert S. Bement, Exec. VP & Chief Nuclear Officer of Palo Verde Generating Station - APS (Age 63)Mr. Daniel T. Froetscher, Exec. VP of Operations - APS (Age 57)Mr. Jeffrey B. Guldner, Exec. VP of Public Policy (Age 53) 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 Vanguard Group Inc. (12.13%), AQR Capital Management LLC (1.35%), Bank of New York Mellon Corp (1.06%), Duff & Phelps Investment Management Co. (0.95%), FMR LLC (0.90%) and California Public Employees Retirement System (0.84%). Company insiders that own Pinnacle West Capital stock include Barbara D Lockwood, Bruce J Nordstrom, Daniel T Froetscher, Denis A Cortese, Denise R Danner, Donald E Brandt, Donna M Easterly, James R Hatfield, Jeffrey B Guldner, Lee R Nickloy, Michael L Gallagher and Robert S Bement. View institutional ownership trends for Pinnacle West Capital. Which major investors are selling Pinnacle West Capital stock? PNW stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Vanguard Group Inc., Goldman Sachs Group Inc., First Trust Advisors LP, WINTON GROUP Ltd, Bank of Nova Scotia, CIBC Asset Management Inc, and APG Asset Management N.V.. Company insiders that have sold Pinnacle West Capital company stock in the last year include Barbara D Lockwood, Daniel T Froetscher, James R Hatfield, and Lee R Nickloy. View insider buying and selling activity for Pinnacle West Capital. Which major investors are buying Pinnacle West Capital stock? PNW stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, AJO LP, Duff & Phelps Investment Management Co., Electron Capital Partners LLC, Cincinnati Insurance Co., Victory Capital Management Inc., CIBC Private Wealth Group LLC, and Two Sigma Advisers LP. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Pinnacle West Capital's stock price today? One share of PNW stock can currently be purchased for approximately $73.77. How big of a company is Pinnacle West Capital? Pinnacle West Capital has a market capitalization of $8.30 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. What is Pinnacle West Capital's official website? The official website for Pinnacle West Capital is www.pinnaclewest.com. 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 9/26/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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