NYSE:PNWPinnacle 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 stock has decreased by 11.9% and is now trading at $78.86. View which stocks have been most impacted by Coronavirus.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pinnacle West Capital in the last year. There are currently 1 sell rating, 7 hold ratings and 6 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 Thursday, August 6th 2020. View our earnings forecast for Pinnacle West Capital.

Pinnacle West Capital will be holding an earnings conference call on Thursday, August 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Pinnacle West Capital Co. (NYSE:PNW) announced its earnings results on Friday, May, 8th. The utilities provider reported $0.27 EPS for the quarter, topping the consensus estimate of $0.16 by $0.11. The utilities provider had revenue of $661.93 million for the quarter, compared to analysts' expectations of $749.63 million. Pinnacle West Capital had a net margin of 16.22% and a return on equity of 9.92%. Pinnacle West Capital's quarterly revenue was down 10.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.16 EPS. View Pinnacle West Capital's earnings history.

Pinnacle West Capital declared a quarterly dividend on Wednesday, June 17th. Stockholders of record on Monday, August 3rd will be paid a dividend of $0.7825 per share on Tuesday, September 1st. This represents a $3.13 dividend on an annualized basis and a yield of 3.97%. The ex-dividend date is Friday, July 31st. View Pinnacle West Capital's dividend history.

Pinnacle West Capital issued an update on its FY 2020 Pre-Market earnings guidance on Friday, May, 8th. The company provided EPS guidance of 4.75-4.95 for the period, compared to the Thomson Reuters consensus estimate of $4.81.

14 brokers have issued 1-year target prices for Pinnacle West Capital's shares. Their forecasts range from $75.00 to $102.00. On average, they expect Pinnacle West Capital's stock price to reach $90.27 in the next year. This suggests a possible upside of 14.5% from the stock's current price. View analysts' price targets for Pinnacle West Capital.

Media headlines about PNW stock have trended very negative this week, according to InfoTrie. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Pinnacle West Capital earned a media sentiment score of -3.2 on InfoTrie's scale. They also gave media stories about the utilities provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news about Pinnacle West Capital.

Pinnacle West Capital saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 2,610,000 shares, an increase of 14.0% from the June 15th total of 2,290,000 shares. Based on an average trading volume of 1,210,000 shares, the short-interest ratio is presently 2.2 days. Currently, 2.3% of the company's shares 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), IDACORP (IDA), Hawaiian Electric Industries (HE) and Portland General Electric (POR). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Pinnacle West Capital investors own include Verizon Communications (VZ), Intel (INTC), Spark Energy (SPKE), Exxon Mobil (XOM), IBM (IBM), Bank of America (BAC), Procter & Gamble (PG), Altria Group (MO), Netflix (NFLX) and NVIDIA (NVDA).

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

Pinnacle West Capital's stock is owned by a variety of retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.09%), Envestnet Asset Management Inc. (0.02%), DNB Asset Management AS (0.01%), IFM Investors Pty Ltd (0.01%) and Cypress Capital Group (0.00%). 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.

PNW stock was sold by a variety of institutional investors in the last quarter, including IFM Investors Pty Ltd, and State of Alaska Department of Revenue. 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.

PNW stock was purchased by a variety of institutional investors in the last quarter, including Cypress Capital Group, Envestnet Asset Management Inc., and DNB Asset Management AS. View insider buying and selling activity 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 $78.86.

Pinnacle West Capital has a market capitalization of $8.87 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.

The official website for Pinnacle West Capital is 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]