NYSE:PNW - Pinnacle West Capital Stock Price, News, & Analysis

Pinnacle West Capital trades on the New York Stock Exchange (NYSE) under the ticker symbol "PNW."

Pinnacle West Capital announced a quarterly dividend on Thursday, October 18th. Investors of record on Thursday, November 1st will be given a dividend of $0.7375 per share on Monday, December 3rd. This represents a $2.95 annualized dividend and a dividend yield of 3.37%. The ex-dividend date of this dividend is Wednesday, October 31st. This is an increase from Pinnacle West Capital's previous quarterly dividend of $0.70. View Pinnacle West Capital's Dividend History.

Pinnacle West Capital Co. (NYSE:PNW) released its earnings results on Thursday, November, 8th. The utilities provider reported $2.80 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.75 by $0.05. The utilities provider earned $1.27 billion during the quarter, compared to the consensus estimate of $1.15 billion. Pinnacle West Capital had a return on equity of 9.68% and a net margin of 13.71%. Pinnacle West Capital's revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.46 EPS. View Pinnacle West Capital's Earnings History.

Pinnacle West Capital is scheduled to release their next quarterly earnings announcement on Friday, February 22nd 2019. View Earnings Estimates for Pinnacle West Capital.

Pinnacle West Capital issued an update on its FY 2018 earnings guidance on Thursday, November, 8th. The company provided earnings per share (EPS) guidance of $4.35-4.55 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.48. Pinnacle West Capital also updated its FY18 guidance to $1.35-4.55 EPS.

11 equities research analysts have issued 1-year price targets for Pinnacle West Capital's shares. Their forecasts range from $80.00 to $92.00. On average, they anticipate Pinnacle West Capital's stock price to reach $86.00 in the next twelve months. This suggests that the stock has a possible downside of 1.8%. View Analyst Price Targets for 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 7 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Pinnacle West Capital.

News articles about PNW stock have trended positive recently, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Pinnacle West Capital earned a media sentiment score of 2.7 on InfoTrie's scale. They also assigned headlines about the utilities provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next several days.

Some companies that are related to Pinnacle West Capital include American Electric Power (AEP), PPL (PPL), DTE Energy (DTE), Eversource Energy (ES), FirstEnergy (FE), Edison International (EIX), Entergy (ETR), Korea Electric Power (KEP), Avangrid (AGR), Fortis (FTS), CenterPoint Energy (CNP), Vistra Energy (VST), NRG Energy (NRG), Enel Americas (ENIA) and Huaneng Power International (HNP).

Pinnacle West Capital's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.53%), American Century Companies Inc. (2.60%), Renaissance Technologies LLC (2.22%), TIAA CREF Investment Management LLC (1.47%), Franklin Resources Inc. (1.39%) and Massachusetts Financial Services Co. MA (1.28%). Company insiders that own Pinnacle West Capital stock include Barbara M Gomez, Daniel T Froetscher, David P Falck, Denis A Cortese, Donald E Brandt, James R Hatfield, John S Hatfield, Kathryn L Munro, Mark A Schiavoni and Michael L Gallagher. View Institutional Ownership Trends for Pinnacle West Capital.

PNW stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Zimmer Partners LP, Assenagon Asset Management S.A., Mitsubishi UFJ Trust & Banking Corp, Allianz Asset Management GmbH, Reaves W H & Co. Inc., Ontario Teachers Pension Plan Board and Korea Investment CORP. Company insiders that have sold Pinnacle West Capital company stock in the last year include David P Falck, Donald E Brandt, John S Hatfield, Kathryn L Munro and Mark A Schiavoni. View Insider Buying and Selling for Pinnacle West Capital.

PNW stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Deutsche Bank AG, Canada Pension Plan Investment Board, American Century Companies Inc., FMR LLC, TIAA CREF Investment Management LLC, Massachusetts Financial Services Co. MA and Ffcm LLC. View Insider Buying and Selling for 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, Scottrade, Fidelity and Charles Schwab.

One share of PNW stock can currently be purchased for approximately $87.54.

Pinnacle West Capital has a market capitalization of $9.96 billion and generates $3.57 billion in revenue each year. The utilities provider earns $488.45 million in net income (profit) each year or $4.35 on an earnings per share basis. Pinnacle West Capital employs 6,292 workers across the globe.

The official website for Pinnacle West Capital is http://www.pinnaclewest.com.

Pinnacle West Capital's mailing address is 400 NORTH FIFTH STREET MS8695, PHOENIX AZ, 85004. The utilities provider can be reached via phone at 602-250-1000 or via email at [email protected]