S&P 500   4,655.27
DOW   35,135.94
QQQ   399.69
S&P 500   4,655.27
DOW   35,135.94
QQQ   399.69
S&P 500   4,655.27
DOW   35,135.94
QQQ   399.69
S&P 500   4,655.27
DOW   35,135.94
QQQ   399.69

Pinnacle West Capital Stock Forecast, Price & News

$66.29
+1.03 (+1.58%)
(As of 11/29/2021 12:00 AM ET)
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Today's Range
$65.11
$66.49
50-Day Range
$63.36
$75.10
52-Week Range
$62.78
$88.54
Volume
1.27 million shs
Average Volume
990,970 shs
Market Capitalization
$7.48 billion
P/E Ratio
13.10
Dividend Yield
5.21%
Beta
0.27
30 days | 90 days | 365 days | Advanced Chart
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Pinnacle West Capital logo

About Pinnacle West Capital

Pinnacle 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.

Headlines

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Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
Electric Utilities
Sector
Utilities
CUSIP
72348410
Employees
6,026
Year Founded
1894

Sales & Book Value

Annual Sales
$3.59 billion
Cash Flow
$11.05 per share
Book Value
$54.85 per share

Profitability

Net Income
$550.56 million
Pretax Margin
18.25%

Debt

Price-To-Earnings

Miscellaneous

Free Float
112,459,000
Market Cap
$7.48 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/05/2021
Ex-Dividend
11/15/2021
Today
11/30/2021
Dividend Payable
12/01/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/23/2022

Social Links


MarketRank

Overall MarketRank

2.67 out of 5 stars

Utilities Sector

21st out of 122 stocks

Electric Services Industry

7th out of 56 stocks

Analyst Opinion: 3.0Community Rank: 3.1Dividend Strength: 4.2Insider Behavior: 2.5Valuation: 0.6 5 -4 -3 -2 -1 -












Pinnacle West Capital (NYSE:PNW) Frequently Asked Questions

Is Pinnacle West Capital a buy right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pinnacle West Capital in the last twelve months. There are currently 3 sell ratings, 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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.

How has Pinnacle West Capital's stock price been impacted by COVID-19?

Pinnacle West Capital's stock was trading at $89.55 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PNW stock has decreased by 26.0% and is now trading at $66.29.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Pinnacle West Capital?

Pinnacle West Capital saw a increase in short interest in November. As of November 15th, there was short interest totaling 2,830,000 shares, an increase of 45.9% from the October 31st total of 1,940,000 shares. Based on an average daily volume of 1,310,000 shares, the days-to-cover ratio is presently 2.2 days. Currently, 2.5% of the shares of the company are short sold.
View Pinnacle West Capital's Short Interest
.

When is Pinnacle West Capital's next earnings date?

Pinnacle West Capital is scheduled to release its next quarterly earnings announcement on Wednesday, February 23rd 2022.
View our earnings forecast for Pinnacle West Capital
.

How were Pinnacle West Capital's earnings last quarter?

Pinnacle West Capital Co. (NYSE:PNW) released its earnings results on Friday, November, 5th. The utilities provider reported $3.00 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.78 by $0.22. The utilities provider earned $1.31 billion during the quarter, compared to the consensus estimate of $1.23 billion. Pinnacle West Capital had a net margin of 15.26% and a trailing twelve-month return on equity of 9.70%. The firm's revenue was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.07 EPS.
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 Thursday, November 4th. Investors of record on Tuesday, November 16th will be given a dividend of $0.85 per share on Wednesday, December 1st. This represents a $3.40 dividend on an annualized basis and a yield of 5.13%. The ex-dividend date is Monday, November 15th. This is an increase from Pinnacle West Capital's previous quarterly dividend of $0.83.
View Pinnacle West Capital's dividend history
.

Is Pinnacle West Capital a good dividend stock?

Pinnacle West Capital pays an annual dividend of $3.40 per share and currently has a dividend yield of 5.21%. 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 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Pinnacle West Capital is 67.19%. 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 87.18% 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 updated its FY 2021 earnings guidance on Friday, November, 26th. The company provided EPS guidance of $5.250-$5.350 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.980. The company issued revenue guidance of -.

What price target have analysts set for PNW?

11 Wall Street analysts have issued 12 month target prices for Pinnacle West Capital's stock. Their forecasts range from $58.00 to $91.00. On average, they expect Pinnacle West Capital's stock price to reach $75.25 in the next twelve months. This suggests a possible upside of 13.5% from the stock's current price.
View analysts' price targets for Pinnacle West Capital
or view top-rated stocks among Wall Street analysts.

Who are Pinnacle West Capital's key executives?

Pinnacle West Capital's management team includes the following people:
  • Jeffrey B. Guldner, Chairman, President & Chief Executive Officer
  • Theodore N. Geisler, Chief Financial Officer & Senior Vice President
  • Robert E. Smith, Chief Development Officer, EVP & General Counsel
  • Elizabeth A. Blankenship, Chief Accounting Officer, VP & Controller
  • Andrew Cooper, Co-Treasurer & Vice President

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.

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 number of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.04%), Wellington Management Group LLP (5.85%), American Century Companies Inc. (4.22%), Franklin Resources Inc. (3.13%), Massachusetts Financial Services Co. MA (2.62%) and Invesco Ltd. (2.38%). Company insiders that own Pinnacle West Capital stock include Daniel T Froetscher, James R Hatfield and Lee R Nickloy.
View institutional ownership trends for Pinnacle West Capital
.

Which institutional investors are selling Pinnacle West Capital stock?

PNW stock was sold by a variety of institutional investors in the last quarter, including Royal Bank of Canada, Invesco Ltd., Franklin Resources Inc., Victory Capital Management Inc., BlackRock Inc., Wellington Management Group LLP, Bank of New York Mellon Corp, and Martingale Asset Management L P.
View insider buying and selling activity for Pinnacle West Capital
or view top insider-selling stocks.

Which institutional investors are buying Pinnacle West Capital stock?

PNW stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Sabal Trust CO, Wedge Capital Management L L P NC, Assenagon Asset Management S.A., BOKF NA, Mitsubishi UFJ Trust & Banking Corp, Thrivent Financial for Lutherans, and Squarepoint Ops LLC.
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 $66.29.

How much money does Pinnacle West Capital make?

Pinnacle West Capital has a market capitalization of $7.48 billion and generates $3.59 billion in revenue each year. The utilities provider earns $550.56 million in net income (profit) each year or $5.06 on an earnings per share basis.

How many employees does Pinnacle West Capital have?

Pinnacle West Capital employs 6,026 workers across the globe.

When was Pinnacle West Capital founded?

Pinnacle West Capital was founded in 1894.

What is Pinnacle West Capital's official website?

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

Where are Pinnacle West Capital's headquarters?

Pinnacle West Capital is headquartered at 400 NORTH FIFTH STREET MS8695, PHOENIX AZ, 85072.

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, via email at [email protected], or via fax at 602-379-2625.


This page was last updated on 11/30/2021 by MarketBeat.com Staff

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