Pinnacle West Capital Stock Forecast, Price & News

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Pinnacle West Capital in the last year. There are currently 1 sell rating, 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research 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.
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Wall Street analysts have given Pinnacle West Capital a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Pinnacle West Capital wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Pinnacle West Capital is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for Pinnacle West Capital.

Pinnacle West Capital will be holding an earnings conference call on Thursday, August 5th at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 919-882-2331 with passcode "41816".

Pinnacle West Capital Co. (NYSE:PNW) issued its earnings results on Wednesday, May, 5th. The utilities provider reported $0.32 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.25 by $0.07. The utilities provider earned $696.48 million during the quarter, compared to analyst estimates of $709.94 million. Pinnacle West Capital had a net margin of 15.36% and a trailing twelve-month return on equity of 9.62%. Pinnacle West Capital's revenue was up 5.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.27 EPS.
View Pinnacle West Capital's earnings history.

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. Since then, PNW shares have decreased by 4.7% and is now trading at $85.32.
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Pinnacle West Capital declared a quarterly dividend on Wednesday, June 23rd. Stockholders of record on Monday, August 2nd will be given a dividend of $0.83 per share on Wednesday, September 1st. This represents a $3.32 annualized dividend and a yield of 3.89%. The ex-dividend date is Friday, July 30th.
View Pinnacle West Capital's dividend history.

Pinnacle West Capital pays an annual dividend of $3.32 per share and currently has a dividend yield of 3.84%. Pinnacle West Capital has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Pinnacle West Capital is 68.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Pinnacle West Capital will have a dividend payout ratio of 65.48% next year. This indicates that Pinnacle West Capital will be able to sustain or increase its dividend.
View Pinnacle West Capital's dividend history.

9 Wall Street analysts have issued 12-month price targets for Pinnacle West Capital's shares. Their forecasts range from $78.00 to $100.00. On average, they expect Pinnacle West Capital's stock price to reach $87.94 in the next twelve months. This suggests a possible upside of 3.1% from the stock's current price.
View analysts' price targets for Pinnacle West Capital or view top-rated stocks among Wall Street analysts.

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.

Some companies that are related to Pinnacle West Capital include NextEra Energy (NEE), Duke Energy (DUK), The Southern (SO), Eversource Energy (ES), PPL (PPL), Edison International (EIX), Entergy (ETR), FirstEnergy (FE), OGE Energy (OGE), IDACORP (IDA), Hawaiian Electric Industries (HE), Portland General Electric (POR), PNM Resources (PNM), ALLETE (ALE) and MGE Energy (MGEE).
View all of PNW's competitors.

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), The Procter & Gamble (PG), Walmart (WMT), Chevron (CVX) and AbbVie (ABBV).

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

Pinnacle West Capital's stock is owned by many different institutional and retail investors. Top institutional shareholders include Sequoia Financial Advisors LLC (0.02%), State of Alaska Department of Revenue (0.02%), IFM Investors Pty Ltd (0.01%), Old Port Advisors (0.01%), New Mexico Educational Retirement Board (0.01%) and CHICAGO TRUST Co NA (0.00%). Company insiders that own Pinnacle West Capital stock include Barbara D Lockwood, Daniel T Froetscher, James R Hatfield and Lee R Nickloy.
View institutional ownership trends for Pinnacle West Capital.

PNW stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, and Raymond James Trust N.A..
View insider buying and selling activity for Pinnacle West Capital or view top insider-selling stocks.

PNW stock was acquired by a variety of institutional investors in the last quarter, including Old Port Advisors, Sequoia Financial Advisors LLC, IFM Investors Pty Ltd, CHICAGO TRUST Co NA, and New Mexico Educational Retirement Board.
View insider buying and selling activity for Pinnacle West Capital or or view top insider-buying stocks.

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.
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One share of PNW stock can currently be purchased for approximately $85.32.

Pinnacle West Capital has a market capitalization of $9.62 billion and generates $3.59 billion in revenue each year. The utilities provider earns $550.56 million in net income (profit) each year or $4.87 on an earnings per share basis.

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

Pinnacle West Capital was founded in 1894.

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

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

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]