NYSE:PNWPinnacle West Capital Stock Price, Forecast & 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 $77.78 -1.19 (-1.51 %) (As of 06/4/2020 04:00 PM ET) Add Compare Share Today's Range$76.79Now: $77.78▼$78.5850-Day Range$71.42MA: $75.47▼$81.8352-Week Range$60.05Now: $77.78▼$105.51Volume748,408 shsAverage Volume1.37 million shsMarket Capitalization$8.75 billionP/E Ratio15.85Dividend Yield4.00%Beta0.37 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial 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™ 3.1 Analyst's Opinion Consensus RatingPinnacle West Capital has received a consensus rating of Hold. The company's average rating score is 2.23, and is based on 4 buy ratings, 8 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $89.70, Pinnacle West Capital has a potential upside of 15.3% from its current price of $77.78.Amount of Analyst CoveragePinnacle West Capital has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.5 Community Rank Outperform VotesPinnacle West Capital has received 359 “outperform” votes. (Add your “outperform” vote.)Underperform VotesPinnacle West Capital has received 826 “underperform” votes. (Add your “underperform” vote.)Community SentimentPinnacle West Capital has received 69.70% “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 4.00%, 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 62.10 % 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 Institutions84.41% 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 7.92% in the coming year, from $4.67 to $5.04 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Pinnacle West Capital is 15.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.29.Price to Earnings Ratio vs. SectorThe P/E ratio of Pinnacle West Capital is 15.85, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 29.92.Price to Earnings Growth RatioPinnacle West Capital has a PEG Ratio of 3.23. 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 1.57. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.1Community Rank: 1.5Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.33 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 Ratio0.87 Current Ratio0.47 Quick Ratio0.32Price-To-Earnings Trailing P/E Ratio15.85 Forward P/E Ratio16.66 P/E Growth3.23 Sales & Book Value Annual Sales$3.47 billion Price / Sales2.52 Cash Flow$11.08 per share Price / Cash Flow7.02 Book Value$49.40 per share Price / Book1.57Profitability EPS (Most Recent Fiscal Year)$4.77 Net Income$538.32 million Net Margins16.22% Return on Equity9.92% Return on Assets2.99%Miscellaneous Employees6,210 Outstanding Shares112,490,000Market Cap$8.75 billion Next Earnings Date8/13/2020 (Estimated) OptionableOptionable PNW Rates by TradingView 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 Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PNW shares have decreased by 13.1% and is now trading at $77.78. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Pinnacle West Capital? 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pinnacle West Capital in the last year. There are currently 1 sell rating, 8 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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, August 13th 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 Friday, May, 8th. The utilities provider reported $0.27 EPS for the quarter, beating the Zacks' consensus estimate of $0.16 by $0.11. The utilities provider earned $661.93 million during the quarter, compared to analysts' expectations of $749.63 million. Pinnacle West Capital had a return on equity of 9.92% and a net margin of 16.22%. Pinnacle West Capital's revenue was down 10.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.16 EPS. 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, April 22nd. Shareholders of record on Monday, May 4th will be given a dividend of $0.7825 per share on Monday, June 1st. This represents a $3.13 annualized dividend and a yield of 4.02%. The ex-dividend date of this dividend is Friday, May 1st. 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 FY 2020 Pre-Market earnings guidance on Friday, May, 8th. The company provided earnings per share (EPS) guidance of 4.75-4.95 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.81. What price target have analysts set for PNW? 13 brokers have issued twelve-month price objectives for Pinnacle West Capital's shares. Their forecasts range from $73.00 to $102.00. On average, they expect Pinnacle West Capital's stock price to reach $89.70 in the next twelve months. This suggests a possible upside of 15.3% from the stock's current price. View analysts' price targets for Pinnacle West Capital. Has Pinnacle West Capital been receiving favorable news coverage? Press coverage about PNW stock has trended somewhat negative on Thursday, InfoTrie reports. The research group scores the sentiment of media coverage by monitoring more than six thousand blog and news sources. 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 -1.0 on InfoTrie's scale. They also gave news articles 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 next several days. View the latest news aboutPinnacle West Capital. Are investors shorting Pinnacle West Capital? Pinnacle West Capital saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 1,850,000 shares, a decrease of 18.5% from the April 30th total of 2,270,000 shares. Based on an average daily volume of 1,210,000 shares, the days-to-cover ratio is presently 1.5 days. Currently, 1.7% of the shares of the stock are short sold. View Pinnacle West Capital's Current Options Chain. 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), Exelon (EXC), Xcel Energy (XEL), Eversource Energy (ES), FirstEnergy (FE), PPL (PPL), Edison International (EIX), Entergy (ETR), OGE Energy (OGE), IDACORP (IDA), Portland General Electric (POR) and Hawaiian Electric Industries (HE). 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), Spark Energy (SPKE), Exxon Mobil (XOM), IBM (IBM), Bank of America (BAC), Procter & Gamble (PG), Altria Group (MO), Netflix (NFLX) and NVIDIA (NVDA). 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 many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.72%), State Street Corp (5.90%), Invesco Ltd. (2.62%), AQR Capital Management LLC (2.37%), Zimmer Partners LP (2.14%) and Geode Capital Management LLC (1.70%). 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, Wells Fargo & Company MN, Deutsche Bank AG, Janus Henderson Group PLC, APG Asset Management N.V., UBS Group AG, BlackRock Inc., and JPMorgan Chase & Co.. 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 purchased by a variety of institutional investors in the last quarter, including Zimmer Partners LP, Invesco Ltd., AMF Pensionsforsakring AB, Banco Santander S.A., Massachusetts Financial Services Co. MA, Swiss National Bank, State Street Corp, and Unigestion Holding SA. 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 $77.78. How big of a company is Pinnacle West Capital? Pinnacle West Capital has a market capitalization of $8.75 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 6/4/2020 by MarketBeat.com Staff
