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 $74.33 +6.14 (+9.00 %) (As of 04/7/2020 08:49 AM ET) Add Compare Share Today's Range$70.67Now: $74.33▼$76.5050-Day Range$62.91MA: $85.69▼$103.6052-Week Range$60.05Now: $74.33▼$105.51Volume1.19 million shsAverage Volume1.40 million shsMarket Capitalization$8.36 billionP/E Ratio15.55Dividend Yield4.59%Beta0.41 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider 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™ 4.0 Analyst's Opinion Consensus RatingPinnacle West Capital has received a consensus rating of Hold. The company's average rating score is 2.09, and is based on 2 buy ratings, 8 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $93.33, Pinnacle West Capital has a potential upside of 25.6% from its current price of $74.33.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 355 “outperform” votes. (Add your “outperform” vote.)Underperform VotesPinnacle West Capital has received 821 “underperform” votes. (Add your “underperform” vote.)Community SentimentPinnacle West Capital has received 69.81% “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 4.59%, 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 62.35 % 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 sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,396,043.00 in company stock.Percentage Held by InsidersOnly 0.41% of the stock of Pinnacle West Capital is held by insiders.Percentage Held by Institutions85.13% 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 1.3 Earnings and Valuation Earnings GrowthEarnings for Pinnacle West Capital are expected to grow by 4.15% in the coming year, from $4.82 to $5.02 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Pinnacle West Capital is 15.55, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 11.97.Price to Earnings Ratio vs. SectorThe P/E ratio of Pinnacle West Capital is 15.55, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 28.18.Price to Earnings Growth RatioPinnacle West Capital has a PEG Ratio of 3.22. 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 1.50. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.0Community Rank: 1.5Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.39 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 Webhttp://www.pinnaclewest.com/ Phone602-250-1000Debt Debt-to-Equity Ratio0.88 Current Ratio0.50 Quick Ratio0.33Price-To-Earnings Trailing P/E Ratio15.55 Forward P/E Ratio15.42 P/E Growth3.22 Sales & Book Value Annual Sales$3.47 billion Price / Sales2.41 Cash Flow$12.15 per share Price / Cash Flow6.12 Book Value$49.40 per share Price / Book1.50Profitability EPS (Most Recent Fiscal Year)$4.77 Net Income$538.32 million Net Margins15.51% Return on Equity9.80% Return on Assets2.95%Miscellaneous Employees6,210 Outstanding Shares112,440,000Market Cap$8.36 billion Next Earnings Date5/8/2020 (Confirmed) OptionableOptionable 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. PNW Rates by TradingView 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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, PNW stock has decreased by 17.0% and is now trading at $74.33. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Pinnacle West Capital? 11 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 2 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 Friday, May 8th 2020. View our earnings forecast for Pinnacle West Capital. How can I listen to Pinnacle West Capital's earnings call? Pinnacle West Capital will be holding an earnings conference call on Friday, May 8th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available. How were Pinnacle West Capital's earnings last quarter? Pinnacle West Capital Co. (NYSE:PNW) issued its quarterly earnings results on Friday, February, 21st. The utilities provider reported $0.57 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.47 by $0.10. The utilities provider had revenue of $670.40 million for the quarter, compared to analysts' expectations of $783.63 million. Pinnacle West Capital had a return on equity of 9.80% and a net margin of 15.51%. The company's revenue for the quarter was down 11.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.23 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 declared a quarterly dividend on Thursday, December 19th. Investors of record on Monday, February 3rd will be given a dividend of $0.7825 per share on Monday, March 2nd. This represents a $3.13 annualized dividend and a yield of 4.21%. The ex-dividend date of this dividend is Friday, January 31st. View Pinnacle West Capital's dividend history. What guidance has Pinnacle West Capital issued on next quarter's earnings? Pinnacle West Capital updated its FY20 earnings guidance on Friday, February, 21st. The company provided EPS guidance of $4.75-4.95 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.86. What price target have analysts set for PNW? 11 equities research analysts have issued twelve-month price targets for Pinnacle West Capital's stock. Their forecasts range from $66.00 to $110.00. On average, they expect Pinnacle West Capital's share price to reach $93.33 in the next year. This suggests a possible upside of 25.6% from the stock's current price. View analysts' price targets for Pinnacle West Capital. Has Pinnacle West Capital been receiving favorable news coverage? News headlines about PNW stock have trended very negative recently, InfoTrie reports. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded 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 -3.3 on InfoTrie's scale. They also assigned news stories about the utilities provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutPinnacle West Capital. 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 3,230,000 shares, an increase of 18.3% from the February 13th total of 2,730,000 shares. Based on an average daily volume of 1,000,000 shares, the days-to-cover ratio is currently 3.2 days. Approximately 2.9% of the company's 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), Edison International (EIX), Entergy (ETR), PPL (PPL), OGE Energy (OGE), Hawaiian Electric Industries (HE), IDACORP (IDA) and Portland General Electric (POR). 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 Spark Energy (SPKE), Verizon Communications (VZ), Intel (INTC), Exxon Mobil (XOM), NVIDIA (NVDA), Altria Group (MO), IBM (IBM), Wells Fargo & Co (WFC), Netflix (NFLX) and Walgreens Boots Alliance (WBA). 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 institutional and retail investors. Top institutional shareholders include State of Alaska Department of Revenue (0.09%) and Trinity Legacy Partners LLC (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, Mark A Schiavoni, Michael L Gallagher and Robert S Bement. View institutional ownership trends for Pinnacle West Capital. Which institutional investors are buying Pinnacle West Capital stock? PNW stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, and Trinity Legacy Partners LLC. 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 $74.33. How big of a company is Pinnacle West Capital? Pinnacle West Capital has a market capitalization of $8.36 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. View additional information about Pinnacle West Capital. What is Pinnacle West Capital's official website? The official website for Pinnacle West Capital is http://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 4/7/2020 by MarketBeat.com StaffFeatured Article: What are the economic characteristics of a bear market?
