NYSE:PNW Pinnacle West Capital 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. $71.75 +1.79 (+2.56%) (As of 06/24/2022 12:00 AM ET) Add Compare Share Today's Range$70.08▼$72.2450-Day Range$65.92▼$78.7252-Week Range$62.78▼$86.87Volume1.05 million shsAverage Volume809,259 shsMarket Capitalization$8.11 billionP/E Ratio13.54Dividend Yield4.86%Price Target$73.18 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability 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 Stock Forecast (MarketRank)Overall MarketRank™2.66 out of 5 starsUtilities Sector33rd out of 120 stocksElectric Services Industry12th out of 56 stocksAnalyst Opinion: 1.8Community Rank: 2.9Dividend Strength: 4.2Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 - 1.8 Analyst's Opinion Consensus RatingPinnacle West Capital has received a consensus rating of Hold. The company's average rating score is 1.62, and is based on 2 buy ratings, 4 hold ratings, and 7 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $73.18, Pinnacle West Capital has a forecasted upside of 2.0% from its current price of $71.75.Amount of Analyst CoveragePinnacle West Capital has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.9 Community Rank Outperform VotesPinnacle West Capital has received 374 “outperform” votes. (Add your “outperform” vote.)Underperform VotesPinnacle West Capital has received 462 “underperform” votes. (Add your “underperform” vote.)Community SentimentPinnacle West Capital has received 55.26% “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 4.86%, 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 64.15%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on EPS estimates, Pinnacle West Capital will have a dividend payout ratio of 80.76% in the coming year. This indicates that Pinnacle West Capital may not be able to sustain their current dividend. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Pinnacle West Capital insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $259,058.00 in company stock.Percentage Held by InsidersOnly 0.31% of the stock of Pinnacle West Capital is held by insiders.Percentage Held by Institutions80.89% 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 4.99% in the coming year, from $4.01 to $4.21 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Pinnacle West Capital is 13.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 13.72.Price to Earnings Ratio vs. SectorThe P/E ratio of Pinnacle West Capital is 13.54, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 17.04.Price to Book Value per Share RatioPinnacle West Capital has a P/B Ratio of 1.34. 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)Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona. The company engages in the generation, transmission, and distribution of electricity using coal, nuclear, gas, oil, and solar generating facilities. Its transmission facilities include approximately 5,814 pole miles of overhead lines and approximately 74 miles of underground lines; and distribution facilities comprise approximately 11,258 miles of overhead lines and approximately 22,821 miles of underground primary cable, as well as owns and maintains 475 transmission and distribution substations. The company also owns or leases approximately 6,323 megawatts of regulated generation capacity. It serves approximately 1.3 million customers. Pinnacle West Capital Corporation was incorporated in 1985 and is headquartered in Phoenix, Arizona.Read More PNW Stock News HeadlinesJune 24, 2022 | americanbankingnews.comPinnacle West Capital Co. (PNW) to Distribute Quarterly Dividend of $0.85 on September 1stJune 20, 2022 | morningstar.comPinnacle West Capital Corp - Stock Dividends PNWJune 14, 2022 | nasdaq.comTuesday Sector Laggards: Utilities, HealthcareJune 14, 2022 | nasdaq.comPNW Crosses Critical Technical IndicatorJune 13, 2022 | nasdaq.comPNW Makes Notable Cross Below Critical Moving AverageJune 6, 2022 | americanbankingnews.comContrasting Pinnacle West Capital (NYSE:PNW) and Broadscale Acquisition (NASDAQ:SCLE)June 3, 2022 | finance.yahoo.com6 Dividend-Paying Utility Stocks to Buy for a Coming RecessionJune 1, 2022 | seekingalpha.comPinnacle West - Starting To Look Expensive Due To Muted EarningsMay 24, 2022 | finance.yahoo.comAPS Appoints Heflin to Lead Operations at Palo Verde Generating StationMay 23, 2022 | markets.businessinsider.com11 Analysts Have This to Say About Pinnacle West CapitalMay 21, 2022 | marketwatch.comHow To Trade Pinnacle West Capital PNWMay 16, 2022 | finance.yahoo.comAPS Adding New Clean Energy Resources to Power Historic Growth in ArizonaMay 4, 2022 | finance.yahoo.comEarnings growth of 2.1% over 3 years hasn't been enough to translate into positive returns for Pinnacle West Capital (NYSE:PNW) shareholdersSee More Headlines Industry, Sector and Symbol Stock ExchangeNYSE Industry Electric services Sub-IndustryElectric Utilities SectorUtilities Current SymbolNYSE:PNW CUSIP72348410 CIK764622 Webwww.pinnaclewest.com Phone(602) 250-1000Fax602-379-2625Employees5,872Year Founded1894Company Calendar Ex-Dividend for 6/1 Dividend4/29/2022Last Earnings5/04/2022Dividend Payable6/01/2022Today6/24/2022Next Earnings (Estimated)8/04/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$73.18 High Stock Price Forecast$84.48 Low Stock Price Forecast$58.00 Forecasted Upside/Downside+2.0%Consensus RatingHold Rating Score (0-4)1.61538461538462 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$5.299990 Trailing P/E Ratio13.54 Forward P/E Ratio17.89 P/E GrowthN/ANet Income$618.72 million Net Margins15.42% Pretax Margin18.90% Return on Equity9.96% Return on Assets2.77% Debt Debt-to-Equity Ratio1.19 Current Ratio1.00 Quick Ratio0.76 Sales & Book Value Annual Sales$3.80 billion Price / Sales2.13 Cash Flow$12.88 per share Price / Cash Flow5.57 Book Value$53.39 per share Price / Book1.34Miscellaneous Outstanding Shares113,001,000Free Float112,651,000Market Cap$8.11 billion OptionableOptionable Beta0.31 Social Links Pinnacle West Capital Frequently Asked Questions Should I buy or sell Pinnacle West Capital stock right now? 13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Pinnacle West Capital in the last twelve months. There are currently 7 sell ratings, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Pinnacle West Capital stock. 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 analyst ratings for Pinnacle West Capital or view top-rated stocks. What is Pinnacle West Capital's stock price forecast for 2022? 13 brokerages have issued 1 year price targets for Pinnacle West Capital's stock. Their PNW stock forecasts range from $58.00 to $84.48. On average, they anticipate Pinnacle West Capital's stock price to reach $73.18 in the next year. This suggests a possible upside of 2.0% from the stock's current price. View analysts' price targets for Pinnacle West Capital or view top-rated stocks among Wall Street analysts. How has Pinnacle West Capital's stock price performed in 2022? Pinnacle West Capital's stock was trading at $70.59 on January 1st, 2022. Since then, PNW shares have increased by 1.6% and is now trading at $71.75. View the best growth stocks for 2022 here. When is Pinnacle West Capital's next earnings date? Pinnacle West Capital is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022. View our earnings forecast for Pinnacle West Capital. How were Pinnacle West Capital's earnings last quarter? Pinnacle West Capital Co. (NYSE:PNW) announced its earnings results on Wednesday, May, 4th. The utilities provider reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.10. The utilities provider had revenue of $783.53 million for the quarter, compared to analyst estimates of $692.73 million. Pinnacle West Capital had a trailing twelve-month return on equity of 9.96% and a net margin of 15.42%. The company's revenue for the quarter was up 12.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.32 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 announced a quarterly dividend on Wednesday, June 22nd. Shareholders of record on Monday, August 1st will be given a dividend of $0.85 per share on Thursday, September 1st. This represents a $3.40 dividend on an annualized basis and a yield of 4.74%. The ex-dividend date of this dividend is Friday, July 29th. View Pinnacle West Capital's dividend history. Is Pinnacle West Capital a good dividend stock? Pinnacle West Capital(NYSE:PNW) pays an annual dividend of $3.40 per share and currently has a dividend yield of 4.86%. PNW has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Pinnacle West Capital 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 of Pinnacle West Capital is 64.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, Pinnacle West Capital will have a dividend payout ratio of 80.76% in the coming year. This indicates that Pinnacle West Capital may not be able to sustain their current dividend. 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 2022 earnings guidance on Wednesday, May, 11th. The company provided earnings per share (EPS) guidance of $3.90-$4.10 for the period, compared to the consensus earnings per share estimate of $4.02. The company issued revenue guidance of -. Who are Pinnacle West Capital's key executives? Pinnacle West Capital's management team includes the following people: Mr. Jeffrey B. Guldner, Chairman, Pres & CEO (Age 56, Pay $2.92M)Mr. Robert E. Smith, Exec. VP, Gen. Counsel & Chief Devel. Officer (Age 52, Pay $1.28M)Ms. Maria L. Lacal, Exec. VP & Advisor to the Chief Exec. Officer - Arizona Public Service Company (Age 61, Pay $1.43M)Mr. Theodore N. Geisler, Pres of Arizona Public Service Company (Age 43, Pay $926.25k)Mr. Andrew D. Cooper, Sr. VP & CFO (Age 43)Ms. Elizabeth A. Blankenship, VP, Controller & Chief Accounting Officer (Age 50)Amanda Ho, Director of Investor RelationsMr. John J. Cadogan, Sr. VP of Site Ops, Palo Verde Nuclear Generating Station - Arizona Public Service Co.Mr. Adam C. Heflin, EVP & Chief Nuclear Officer of Palo Verde Generating Station of Arizona Public Service Company (Age 57)Mr. Paul J. Mountain, VP of Fin. & Treasurer What is Don Brandt's approval rating as Pinnacle West Capital's CEO? 11 employees have rated Pinnacle West Capital CEO Don Brandt on Glassdoor.com. Don Brandt has an approval rating of 54% among Pinnacle West Capital's employees. This puts Don Brandt in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 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), Eversource Energy (ES), Edison International (EIX), Entergy (ETR), FirstEnergy (FE), PPL (PPL), OGE Energy (OGE), IDACORP (IDA), Hawaiian Electric Industries (HE), Portland General Electric (POR), PNM Resources (PNM), ALLETE (ALE) and MGE Energy (MGEE). View all of PNW's 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), 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 many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.80%), Lazard Asset Management LLC (8.71%), BlackRock Inc. (8.30%), State Street Corp (6.12%), American Century Companies Inc. (3.21%) and Invesco Ltd. (3.13%). Company insiders that own Pinnacle West Capital stock include Barbara D Lockwood, Barbara D Lockwood, Daniel T Froetscher, James R Hatfield and Lee R Nickloy. 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 Lazard Asset Management LLC, BlackRock Inc., Ensign Peak Advisors Inc, Massachusetts Financial Services Co. MA, Wellington Management Group LLP, Mitsubishi UFJ Trust & Banking Corp, American Century Companies Inc., and Bank of America Corp DE. Company insiders that have sold Pinnacle West Capital company stock in the last two years include Barbara D Lockwood, and James R Hatfield. View insider buying and selling activity for Pinnacle West Capital or view top insider-selling stocks. Which major investors are buying Pinnacle West Capital stock? PNW stock was bought by a variety of institutional investors in the last quarter, including State Street Corp, Invesco Ltd., Cincinnati Financial Corp, Vanguard Group Inc., Canada Pension Plan Investment Board, Personal Capital Advisors Corp, JPMorgan Chase & Co., and Employees Retirement System of Texas. View insider buying and selling activity for Pinnacle West Capital or or view top insider-buying stocks. 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 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 $71.75. How much money does Pinnacle West Capital make? Pinnacle West Capital (NYSE:PNW) has a market capitalization of $8.11 billion and generates $3.80 billion in revenue each year. The utilities provider earns $618.72 million in net income (profit) each year or $5.299990 on an earnings per share basis. How many employees does Pinnacle West Capital have? Pinnacle West Capital employs 5,872 workers across the globe. When was Pinnacle West Capital founded? Pinnacle West Capital was founded in 1894. 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 Pinnacle West Capital is www.pinnaclewest.com. The utilities provider can be reached via phone at (602) 250-1000, via email at [email protected], or via fax at 602-379-2625. 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