Lowest-Rated Stocks NYSE:PNW Pinnacle West Capital - PNW Stock Forecast, Price & News Adding Choose a watchlist: 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. $77.57 +0.29 (+0.38%) (As of 03/28/2023 12:00 AM ET) Add Compare Share Share Today's Range$76.78▼$78.3550-Day Range$72.12▼$79.6252-Week Range$59.03▼$80.60Volume705,124 shsAverage Volume992,426 shsMarket Capitalization$8.78 billionP/E Ratio18.17Dividend Yield4.46%Price Target$73.73 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Pinnacle West Capital MarketRank™ ForecastAnalyst RatingHold1.80 Rating ScoreUpside/Downside5.0% Downside$73.73 Price TargetShort InterestHealthy1.55% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-4.41Upright™ Environmental ScoreNews Sentiment0.76Based on 10 Articles This WeekInsider TradingN/AProj. Earnings Growth14.95%From $4.08 to $4.69 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.34 out of 5 starsUtilities Sector45th out of 85 stocksElectric Services Industry23rd out of 40 stocks 0.9 Analyst's Opinion Consensus RatingPinnacle West Capital has received a consensus rating of Hold. The company's average rating score is 1.80, and is based on 1 buy rating, 6 hold ratings, and 3 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $73.73, Pinnacle West Capital has a forecasted downside of 5.0% from its current price of $77.57.Amount of Analyst CoveragePinnacle West Capital has only been the subject of 3 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.55% of the outstanding shares of Pinnacle West Capital have been sold short.Short Interest Ratio / Days to CoverPinnacle West Capital has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Pinnacle West Capital has recently decreased by 15.05%, indicating that investor sentiment is improving significantly. Previous Next 4.2 Dividend Strength Dividend LeadershipPinnacle West Capital is a leading dividend payer. It pays a dividend yield of 4.48%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPinnacle West Capital has been increasing its dividend for 11 years.Dividend CoverageThe dividend payout ratio of Pinnacle West Capital is 81.03%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Pinnacle West Capital will have a dividend payout ratio of 73.77% next year. This indicates that Pinnacle West Capital will be able to sustain or increase its dividend. Previous Next 1.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePinnacle West Capital has received a -17.11% net impact score from Upright. The largest negative impact of Pinnacle West Capital in category "GHG emissions" seems to be driven mostly by its "Electricity produced with crude oil", "Electricity produced with coal", and "Main electricity grid operation services for electricity produced by fossil fuels" products. See details.Environmental SustainabilityThe Environmental Impact score for Pinnacle West Capital is -4.41. Previous Next 3.2 News and Social Media Coverage News SentimentPinnacle West Capital has a news sentiment score of 0.76. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.42 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Pinnacle West Capital this week, compared to 5 articles on an average week.Search InterestOnly 1 people have searched for PNW on MarketBeat in the last 30 days. This is a decrease of -95% compared to the previous 30 days.MarketBeat Follows3 people have added Pinnacle West Capital to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 1.7 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 Institutions85.21% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Pinnacle West Capital are expected to grow by 14.95% in the coming year, from $4.08 to $4.69 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Pinnacle West Capital is 18.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.80.Price to Earnings Ratio vs. SectorThe P/E ratio of Pinnacle West Capital is 18.17, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 105.17.Price to Book Value per Share RatioPinnacle West Capital has a P/B Ratio of 1.42. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Pinnacle West Capital (NYSE:PNW) StockPinnacle West Capital Corp. is a holding company, which engages in providing energy and energy-related products. It offers regulated retail and wholesale electricity businesses and related activities, such as electricity generation, transmission and distribution through its subsidiary, Arizona Public Service Co. The company was founded on February 20, 1985, and is headquartered in Phoenix, AZ.Read More Receive PNW Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Pinnacle West Capital and its competitors with MarketBeat's FREE daily newsletter. Email Address PNW Stock News HeadlinesMarch 16, 2023 | marketbeat.comYour Safety Plan Should Start With These ‘Low Vol’ Yields up to 6.3%March 26, 2023 | americanbankingnews.comPinnacle West Capital Co. (NYSE:PNW) Forecasted to Post Q1 2023 Earnings of $0.11 Per ShareMarch 28, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.March 23, 2023 | americanbankingnews.comPinnacle West Capital (NYSE:PNW) Given New $71.00 Price Target at Morgan StanleyMarch 20, 2023 | finance.yahoo.comInvesting in Pinnacle West Capital (NYSE:PNW) three years ago would have delivered you a 41% gainMarch 17, 2023 | marketwatch.comPinnacle West Capital Corp. stock rises Thursday, still underperforms marketMarch 15, 2023 | marketwatch.comPinnacle West Capital Corp. stock outperforms market on strong trading dayMarch 14, 2023 | msn.comCredit Suisse Upgrades Pinnacle West Capital (PNW)March 28, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.March 14, 2023 | marketwatch.com: Pinnacle West Capital upgraded to outperform from neutral at Credit SuisseMarch 13, 2023 | finance.yahoo.comPinnacle West Capital Corporation (NYSE:PNW) Q4 2022 Earnings Call TranscriptMarch 8, 2023 | msn.comPinnacle West Capital gets minor victory in Arizona utility case (update)March 7, 2023 | msn.comPinnacle West Capital gets minor victory in Arizona utility caseMarch 1, 2023 | marketwatch.comPinnacle West Capital Corp. stock falls Wednesday, underperforms marketMarch 1, 2023 | marketwatch.comPinnacle West Capital Corp. stock outperforms competitors despite losses on the dayFebruary 27, 2023 | finance.yahoo.comPinnacle West (PNW) Q4 Earnings Lag Estimates, Revenues BeatFebruary 27, 2023 | finance.yahoo.comPinnacle West Reports Lower 2022 Full-Year and Fourth-Quarter ResultsFebruary 27, 2023 | finance.yahoo.comPinnacle West (PNW) Reports Q4 Loss, Tops Revenue EstimatesFebruary 24, 2023 | msn.comEarnings Outlook For Pinnacle West CapitalFebruary 22, 2023 | finance.yahoo.comWhat Awaits Pinnacle West Capital (PNW) in Q4 Earnings?February 22, 2023 | finance.yahoo.comEarnings Preview: Vistra Corp. (VST) Q4 Earnings Expected to DeclineFebruary 22, 2023 | finance.yahoo.comFormer NRC Chairman Kristine L. Svinicki Elected to Pinnacle West Board of DirectorsFebruary 20, 2023 | finance.yahoo.comEarnings Preview: Pinnacle West (PNW) Q4 Earnings Expected to DeclineFebruary 20, 2023 | finance.yahoo.comDid Pinnacle West Capital Corporation (NYSE:PNW) Use Debt To Deliver Its ROE Of 8.7%?February 17, 2023 | finance.yahoo.comPPL (PPL) Matches Q4 Earnings EstimatesFebruary 9, 2023 | finance.yahoo.comDuke Energy (DUK) Beats Q4 Earnings and Revenue EstimatesJanuary 26, 2023 | finance.yahoo.comPinnacle West Sets Date for 2022 Fourth-Quarter and Full-Year Financial Results, Webcast/Conference CallSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive PNW Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Pinnacle West Capital and its competitors with MarketBeat's FREE daily newsletter. Email Address PNW Company Calendar Ex-Dividend for 3/1 Dividend1/31/2023Last Earnings2/27/2023Dividend Payable3/01/2023Today3/28/2023Next Earnings (Estimated)5/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Electric services Sub-IndustryElectric Utilities SectorUtilities Current SymbolNYSE:PNW CUSIP72348410 CIK764622 Webwww.pinnaclewest.com Phone(602) 250-1000Fax602-379-2625Employees5,861Year Founded1894Price Target and Rating Average Stock Price Forecast$73.73 High Stock Price Forecast$91.00 Low Stock Price Forecast$56.00 Forecasted Upside/Downside-5.0%Consensus RatingHold Rating Score (0-4)1.80 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$4.27 Trailing P/E Ratio18.17 Forward P/E Ratio19.01 P/E GrowthN/ANet Income$483.60 million Net Margins11.18% Pretax Margin13.31% Return on Equity7.87% Return on Assets2.14% Debt Debt-to-Equity Ratio1.26 Current Ratio0.99 Quick Ratio0.74 Sales & Book Value Annual Sales$4.32 billion Price / Sales2.03 Cash Flow$13.51 per share Price / Cash Flow5.74 Book Value$54.44 per share Price / Book1.42Miscellaneous Outstanding Shares113,180,000Free Float112,825,000Market Cap$8.78 billion OptionableOptionable Beta0.44 Social Links Key ExecutivesJeffrey B. GuldnerChairman, President & Chief Executive OfficerAndrew CooperChief Financial Officer & Senior Vice PresidentRobert E. SmithChief Development Officer, EVP & General CounselElizabeth A. BlankenshipChief Accounting Officer, VP & ControllerRobert S. AikenVice President-Federal AffairsKey CompetitorsOGE EnergyNYSE:OGEIDACORPNYSE:IDAPNM ResourcesNYSE:PNMPortland General ElectricNYSE:PORHawaiian Electric IndustriesNYSE:HEView All CompetitorsInsiders & InstitutionsNeo Ivy Capital ManagementBought 6,190 shares on 3/27/2023Ownership: 0.006%MetLife Investment Management LLCSold 461 shares on 3/23/2023Ownership: 0.026%Crumly & Associates Inc.Sold 2,079 shares on 3/3/2023Ownership: 0.003%Voya Investment Management LLCBought 2,131 shares on 2/28/2023Ownership: 0.038%Bridgewealth Advisory Group LLCBought 3,250 shares on 2/24/2023Ownership: 0.003%View All Insider TransactionsView All Institutional Transactions PNW Stock - Frequently Asked Questions Should I buy or sell Pinnacle West Capital stock right now? 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Pinnacle West Capital in the last twelve months. There are currently 3 sell ratings, 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PNW shares. 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 PNW analyst ratings or view top-rated stocks. What is Pinnacle West Capital's stock price forecast for 2023? 10 equities research analysts have issued 1-year price targets for Pinnacle West Capital's shares. Their PNW share price forecasts range from $56.00 to $91.00. On average, they predict the company's share price to reach $73.73 in the next year. This suggests that the stock has a possible downside of 4.6%. View analysts price targets for PNW or view top-rated stocks among Wall Street analysts. How have PNW shares performed in 2023? Pinnacle West Capital's stock was trading at $76.04 on January 1st, 2023. Since then, PNW shares have increased by 1.6% and is now trading at $77.28. View the best growth stocks for 2023 here. Are investors shorting Pinnacle West Capital? Pinnacle West Capital saw a increase in short interest in February. As of February 28th, there was short interest totaling 2,060,000 shares, an increase of 34.6% from the February 13th total of 1,530,000 shares. Based on an average daily volume of 963,500 shares, the days-to-cover ratio is presently 2.1 days. View Pinnacle West Capital's Short Interest. When is Pinnacle West Capital's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023. View our PNW earnings forecast. How were Pinnacle West Capital's earnings last quarter? Pinnacle West Capital Co. (NYSE:PNW) announced its quarterly earnings data on Monday, February, 27th. The utilities provider reported ($0.21) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.18) by $0.03. The utilities provider had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $638.28 million. Pinnacle West Capital had a net margin of 11.18% and a trailing twelve-month return on equity of 7.87%. Pinnacle West Capital's quarterly revenue was up 26.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.24 earnings per share. Read the conference call transcript. 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, December 14th. Shareholders of record on Wednesday, February 1st will be given a dividend of $0.865 per share on Wednesday, March 1st. This represents a $3.46 dividend on an annualized basis and a yield of 4.48%. The ex-dividend date of this dividend is Tuesday, January 31st. Read our dividend analysis for PNW. What ETFs hold Pinnacle West Capital's stock? ETFs with the largest weight of Pinnacle West Capital (NYSE:PNW) stock in their portfolio include First Trust Utilities AlphaDEX Fund (FXU), Invesco S&P 500 Equal Weight Utilities ETF (RYU), Invesco DWA Utilities Momentum ETF (PUI), Invesco S&P 500 High Dividend Low Volatility ETF (SPHD), Invesco High Yield Equity Dividend Achievers ETF (PEY), ALPS Sector Dividend Dogs ETF (SDOG), KFA Value Line Dynamic Core Equity Index ETF (KVLE) and SPDR Portfolio S&P 500 High Dividend ETF (SPYD). Is Pinnacle West Capital a good dividend stock? Pinnacle West Capital (NYSE:PNW) pays an annual dividend of $3.46 per share and currently has a dividend yield of 4.48%. PNW has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 81.03%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, PNW will have a dividend payout ratio of 73.77% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PNW. What guidance has Pinnacle West Capital issued on next quarter's earnings? Pinnacle West Capital issued an update on its FY 2023 earnings guidance on Monday, February, 27th. The company provided earnings per share guidance of $3.95-$4.15 for the period, compared to the consensus estimate of $4.14. The company issued revenue guidance of -. What is Don Brandt's approval rating as Pinnacle West Capital's CEO? 11 employees have rated Pinnacle West Capital Chief Executive Officer Don Brandt on Glassdoor.com. Don Brandt has an approval rating of 54% among the company's employees. This puts Don Brandt in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 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), 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 institutional and retail investors. Top institutional shareholders include Lazard Asset Management LLC (6.22%), Barrow Hanley Mewhinney & Strauss LLC (4.86%), Geode Capital Management LLC (2.44%), American Century Companies Inc. (2.28%), Envestnet Asset Management Inc. (1.34%) and Franklin Resources Inc. (1.26%). Insiders that own company stock include Barbara D Lockwood, James R Hatfield and Kathryn L Munro. View institutional ownership trends. How do I buy shares of Pinnacle West Capital? Shares of PNW stock 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 $77.28. How much money does Pinnacle West Capital make? Pinnacle West Capital (NYSE:PNW) has a market capitalization of $8.75 billion and generates $4.32 billion in revenue each year. The utilities provider earns $483.60 million in net income (profit) each year or $4.27 on an earnings per share basis. How many employees does Pinnacle West Capital have? The company employs 5,861 workers across the globe. How can I contact Pinnacle West Capital? Pinnacle West Capital's mailing address is 400 NORTH FIFTH STREET MS8695, PHOENIX AZ, 85072. The official website for the company is www.pinnaclewest.com. The utilities provider can be reached via phone at (602) 250-1000, via email at investorrelations@pinnaclewest.com, or via fax at 602-379-2625. This page (NYSE:PNW) was last updated on 3/28/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free 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 from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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