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

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, December 19th. Stockholders of record on Monday, February 3rd will be paid a dividend of $0.7825 per share on Monday, March 2nd. This represents a $3.13 dividend on an annualized basis and a dividend yield of 3.02%. The ex-dividend date is Friday, January 31st. View Pinnacle West Capital's Dividend History.

Pinnacle West Capital Co. (NYSE:PNW) posted its quarterly earnings data 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 earned $670.40 million during the quarter, compared to the consensus estimate of $783.63 million. Pinnacle West Capital had a return on equity of 9.19% and a net margin of 14.07%. The business's revenue was down 11.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.23 EPS. View Pinnacle West Capital's Earnings History.

Pinnacle West Capital is scheduled to release their next quarterly earnings announcement on Wednesday, May 6th 2020. View Earnings Estimates for Pinnacle West Capital.

Pinnacle West Capital issued an update on its FY20 earnings guidance on Friday, February, 21st. The company provided earnings per share guidance of $4.75-4.95 for the period, compared to the Thomson Reuters consensus estimate of $4.86.

11 brokers have issued 1 year price targets for Pinnacle West Capital's shares. Their forecasts range from $93.00 to $108.00. On average, they expect Pinnacle West Capital's stock price to reach $98.00 in the next year. This suggests that the stock has a possible downside of 5.4%. 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 2 sell ratings, 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Pinnacle West Capital.

Media headlines about PNW stock have been trending very negative recently, according to InfoTrie. The research firm ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Pinnacle West Capital earned a news impact score of -3.3 on InfoTrie's scale. They also assigned media headlines about the utilities provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Pinnacle West Capital.

Pinnacle West Capital saw a drop in short interest during the month of January. As of January 31st, there was short interest totalling 2,500,000 shares, a drop of 18.0% from the January 15th total of 3,050,000 shares. Based on an average daily volume of 970,700 shares, the days-to-cover ratio is currently 2.6 days. Currently, 2.2% of the company's stock are short sold. View Pinnacle West Capital's Current Options Chain.

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), PPL (PPL), Entergy (ETR), OGE Energy (OGE), IDACORP (IDA), Portland General Electric (POR) and Hawaiian Electric Industries (HE).

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), Altria Group (MO), NVIDIA (NVDA), IBM (IBM), Wells Fargo & Co (WFC), Netflix (NFLX) and Walgreens Boots Alliance (WBA).

Pinnacle West Capital's stock is owned by many different of institutional and retail investors. Top institutional investors include State Street Corp (5.80%), AQR Capital Management LLC (3.61%), Renaissance Technologies LLC (2.70%), Geode Capital Management LLC (1.68%), Massachusetts Financial Services Co. MA (1.35%) and Franklin Resources Inc. (1.23%). Company insiders that own Pinnacle West Capital stock include Barbara D Lockwood, Bruce J Nordstrom, Denis A Cortese, Denise R Danner, Donald E Brandt, Donna M Easterly, James R Hatfield, Jeffrey B Guldner, John S Hatfield, Kathryn L Munro, Lee R Nickloy, Mark A Schiavoni, Michael L Gallagher and Robert S Bement. View Institutional Ownership Trends for Pinnacle West Capital.

PNW stock was sold by a variety of institutional investors in the last quarter, including Barrow Hanley Mewhinney & Strauss LLC, Reaves W H & Co. Inc., Brookfield Public Securities Group LLC, AQR Capital Management LLC, Man Group plc, Renaissance Technologies LLC, Panagora Asset Management Inc. and Teacher Retirement System of Texas. Company insiders that have sold Pinnacle West Capital company stock in the last year include Barbara D Lockwood, Bruce J Nordstrom, Denis A Cortese, Denise R Danner, Donald E Brandt, Donna M Easterly, James R Hatfield, Jeffrey B Guldner, Lee R Nickloy and Michael L Gallagher. View Insider Buying and Selling for Pinnacle West Capital.

PNW stock was bought by a variety of institutional investors in the last quarter, including State Street Corp, Retirement Systems of Alabama, Bank of Montreal Can, Russell Investments Group Ltd., Massachusetts Financial Services Co. MA, Amundi Pioneer Asset Management Inc., FIL Ltd and Barclays PLC. 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, Robinhood, Fidelity and Charles Schwab.

One share of PNW stock can currently be purchased for approximately $103.60.

Pinnacle West Capital has a market capitalization of $11.65 billion and generates $3.69 billion in revenue each year. The utilities provider earns $511.05 million in net income (profit) each year or $4.77 on an earnings per share basis. Pinnacle West Capital employs 6,259 workers across the globe.View Additional Information About Pinnacle West Capital.

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]