QQQ   292.27 (-1.35%)
AAPL   144.03 (-1.30%)
MSFT   243.71 (-1.79%)
META   148.53 (-2.12%)
GOOGL   97.35 (-2.03%)
AMZN   100.51 (-1.69%)
TSLA   172.49 (-3.04%)
NVDA   196.47 (-3.53%)
NIO   12.02 (-5.43%)
BABA   112.63 (-4.86%)
AMD   73.32 (-2.76%)
T   20.13 (+0.90%)
MU   62.49 (-2.16%)
F   13.07 (-1.51%)
CGC   2.90 (-1.02%)
GE   82.10 (-1.36%)
DIS   108.60 (-0.86%)
AMC   5.14 (-6.72%)
PFE   43.81 (+0.05%)
PYPL   80.88 (-1.16%)
NFLX   357.12 (-1.01%)
QQQ   292.27 (-1.35%)
AAPL   144.03 (-1.30%)
MSFT   243.71 (-1.79%)
META   148.53 (-2.12%)
GOOGL   97.35 (-2.03%)
AMZN   100.51 (-1.69%)
TSLA   172.49 (-3.04%)
NVDA   196.47 (-3.53%)
NIO   12.02 (-5.43%)
BABA   112.63 (-4.86%)
AMD   73.32 (-2.76%)
T   20.13 (+0.90%)
MU   62.49 (-2.16%)
F   13.07 (-1.51%)
CGC   2.90 (-1.02%)
GE   82.10 (-1.36%)
DIS   108.60 (-0.86%)
AMC   5.14 (-6.72%)
PFE   43.81 (+0.05%)
PYPL   80.88 (-1.16%)
NFLX   357.12 (-1.01%)
QQQ   292.27 (-1.35%)
AAPL   144.03 (-1.30%)
MSFT   243.71 (-1.79%)
META   148.53 (-2.12%)
GOOGL   97.35 (-2.03%)
AMZN   100.51 (-1.69%)
TSLA   172.49 (-3.04%)
NVDA   196.47 (-3.53%)
NIO   12.02 (-5.43%)
BABA   112.63 (-4.86%)
AMD   73.32 (-2.76%)
T   20.13 (+0.90%)
MU   62.49 (-2.16%)
F   13.07 (-1.51%)
CGC   2.90 (-1.02%)
GE   82.10 (-1.36%)
DIS   108.60 (-0.86%)
AMC   5.14 (-6.72%)
PFE   43.81 (+0.05%)
PYPL   80.88 (-1.16%)
NFLX   357.12 (-1.01%)
QQQ   292.27 (-1.35%)
AAPL   144.03 (-1.30%)
MSFT   243.71 (-1.79%)
META   148.53 (-2.12%)
GOOGL   97.35 (-2.03%)
AMZN   100.51 (-1.69%)
TSLA   172.49 (-3.04%)
NVDA   196.47 (-3.53%)
NIO   12.02 (-5.43%)
BABA   112.63 (-4.86%)
AMD   73.32 (-2.76%)
T   20.13 (+0.90%)
MU   62.49 (-2.16%)
F   13.07 (-1.51%)
CGC   2.90 (-1.02%)
GE   82.10 (-1.36%)
DIS   108.60 (-0.86%)
AMC   5.14 (-6.72%)
PFE   43.81 (+0.05%)
PYPL   80.88 (-1.16%)
NFLX   357.12 (-1.01%)

Pinnacle West Capital - PNW Stock Forecast, Price & News

$74.20
+0.13 (+0.18%)
(As of 01/30/2023 11:45 AM ET)
Add
Compare
Today's Range
$73.89
$74.62
50-Day Range
$73.65
$79.45
52-Week Range
$59.03
$80.60
Volume
188,972 shs
Average Volume
825,020 shs
Market Capitalization
$8.39 billion
P/E Ratio
15.72
Dividend Yield
4.67%
Price Target
$74.18

Pinnacle West Capital MarketRank™ Forecast

Analyst Rating
Hold
1.64 Rating Score
Upside/​Downside
0.3% Downside
$74.18 Price Target
Short Interest
Healthy
2.07% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.41
Upright™ Environmental Score
News Sentiment
0.42mentions of Pinnacle West Capital in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$53,659 Sold Last Quarter
Proj. Earnings Growth
-3.74%
From $4.28 to $4.12 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.17 out of 5 stars

Utilities Sector

53rd out of 85 stocks

Electric Services Industry

27th out of 42 stocks


PNW stock logo

About Pinnacle West Capital (NYSE:PNW) Stock

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.

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.

PNW Stock News Headlines

The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
Pinnacle West Stock Hits New 52-Week High (PNW)
Solar Industry at Start of Long Bull Run?
The U.S. solar industry generated nearly $33 billion of private investment in the American economy in 2021 -- and analysts say it looks like the start of a long solar bull market. Leading the way is the just-signed Inflation Reduction Act of 2022. With its generous investment tax credits, the Act is expected to triple U.S. solar energy production over the next 5 years.
RBC Capital Keeps Their Hold Rating on Pinnacle West Capital (PNW)
IDACORP (IDA) Beats on Q3 Earnings, Raises 2022 EPS View
See More Headlines
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.

PNW Company Calendar

Ex-Dividend for 12/1 Dividend
10/31/2022
Last Earnings
11/03/2022
Dividend Payable
12/01/2022
Today
1/30/2023
Ex-Dividend for 3/1 Dividend
1/31/2023
Next Earnings (Confirmed)
2/27/2023
Dividend Payable
3/01/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
Electric Utilities
Sector
Utilities
CUSIP
72348410
Employees
5,872
Year Founded
1894

Price Target and Rating

Average Stock Price Forecast
$74.18
High Stock Price Forecast
$91.00
Low Stock Price Forecast
$56.00
Forecasted Upside/Downside
0.0%
Consensus Rating
Hold
Rating Score (0-4)
1.64
Research Coverage
11 Analysts

Profitability

Net Income
$618.72 million
Pretax Margin
15.36%

Debt

Sales & Book Value

Annual Sales
$3.80 billion
Cash Flow
$12.28 per share
Book Value
$53.39 per share

Miscellaneous

Free Float
112,789,000
Market Cap
$8.39 billion
Optionable
Optionable
Beta
0.43

Social Links


Key Executives

  • Mr. Jeffrey B. Guldner (Age 57)
    Chairman, Pres & CEO
    Comp: $2.92M
  • Mr. Robert E. Smith (Age 53)
    Exec. VP, Gen. Counsel & Chief Devel. Officer
    Comp: $1.28M
  • Mr. Theodore N. Geisler (Age 44)
    Pres of Arizona Public Service Company
    Comp: $926.25k
  • Mr. Andrew D. Cooper (Age 44)
    Sr. VP & CFO
  • Ms. Elizabeth A. Blankenship (Age 51)
    VP, Controller & Chief Accounting Officer
  • Amanda Ho
    Director of Investor Relations
  • Mr. John J. Cadogan
    Sr. VP of Site Ops, Palo Verde Nuclear Generating Station - Arizona Public Service Co.
  • Mr. Adam C. Heflin (Age 58)
    EVP & Chief Nuclear Officer of Palo Verde Generating Station of Arizona Public Service Company
  • Mr. Paul J. Mountain
    VP of Fin. & Treasurer
  • Diane Wood
    Assistant VP & Corp. Sec.













PNW Stock - Frequently Asked Questions

Should I buy or sell Pinnacle West Capital stock right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pinnacle West Capital in the last year. There are currently 4 sell ratings and 7 hold ratings for the stock. The consensus among Wall Street 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?

11 Wall Street research analysts have issued 1-year target prices for Pinnacle West Capital's stock. Their PNW share price forecasts range from $56.00 to $91.00. On average, they expect the company's stock price to reach $74.18 in the next year. This suggests a possible upside of 0.2% from the stock's current price.
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 stock has decreased by 2.6% and is now trading at $74.07.
View the best growth stocks for 2023 here
.

Are investors shorting Pinnacle West Capital?

Pinnacle West Capital saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 2,340,000 shares, an increase of 29.3% from the December 31st total of 1,810,000 shares. Based on an average daily volume of 897,900 shares, the days-to-cover ratio is presently 2.6 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 Monday, February 27th 2023.
View our PNW earnings forecast
.

How can I listen to Pinnacle West Capital's earnings call?

Pinnacle West Capital will be holding an earnings conference call on Monday, February 27th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 919-882-2331 with passcode "47401".

How were Pinnacle West Capital's earnings last quarter?

Pinnacle West Capital Co. (NYSE:PNW) issued its quarterly earnings results on Thursday, November, 3rd. The utilities provider reported $2.88 EPS for the quarter, topping analysts' consensus estimates of $2.62 by $0.26. The utilities provider had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.32 billion. Pinnacle West Capital had a net margin of 13.01% and a trailing twelve-month return on equity of 8.75%.

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, December 14th. Stockholders 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 4.67%. The ex-dividend date of this dividend is Tuesday, January 31st.
Read our dividend analysis for PNW
.

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 4.67%. 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 73.31%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, PNW will have a dividend payout ratio of 83.98% in the coming year. This indicates that the company may not be able to sustain their current 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 2022 earnings guidance on Thursday, November, 10th. The company provided EPS guidance of $4.20-$4.35 for the period, compared to the consensus EPS estimate of $4.03. 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 many different institutional and retail investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.22%), New York State Teachers Retirement System (0.13%), PATRIZIA Pty Ltd (0.13%), MUFG Securities EMEA plc (0.12%), Verity & Verity LLC (0.08%) and Capital Investment Advisors LLC (0.06%). Insiders that own company stock include Barbara D Lockwood, Daniel T Froetscher, James R Hatfield, Kathryn L Munro and Lee R Nickloy.
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 $74.07.

How much money does Pinnacle West Capital make?

Pinnacle West Capital (NYSE:PNW) has a market capitalization of $8.38 billion and generates $4.11 billion in revenue each year. The utilities provider earns $618.72 million in net income (profit) each year or $4.72 on an earnings per share basis.

How many employees does Pinnacle West Capital have?

The company employs 5,872 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 1/30/2023 by MarketBeat.com Staff