QQQ   283.85 (+1.18%)
AAPL   143.01 (+1.47%)
MSFT   247.71 (+1.37%)
META   116.13 (+1.93%)
GOOGL   94.26 (-0.72%)
AMZN   89.78 (+1.49%)
TSLA   170.93 (-1.79%)
NVDA   167.92 (+4.17%)
NIO   13.26 (+5.41%)
BABA   93.39 (+5.73%)
AMD   70.68 (+0.77%)
T   19.16 (-0.73%)
MU   55.41 (+2.95%)
CGC   3.18 (-1.85%)
F   13.14 (+0.31%)
GE   83.49 (-1.78%)
DIS   92.79 (+0.69%)
AMC   6.28 (+3.80%)
PYPL   75.18 (+1.02%)
PFE   51.05 (+1.61%)
NFLX   307.34 (-0.35%)
QQQ   283.85 (+1.18%)
AAPL   143.01 (+1.47%)
MSFT   247.71 (+1.37%)
META   116.13 (+1.93%)
GOOGL   94.26 (-0.72%)
AMZN   89.78 (+1.49%)
TSLA   170.93 (-1.79%)
NVDA   167.92 (+4.17%)
NIO   13.26 (+5.41%)
BABA   93.39 (+5.73%)
AMD   70.68 (+0.77%)
T   19.16 (-0.73%)
MU   55.41 (+2.95%)
CGC   3.18 (-1.85%)
F   13.14 (+0.31%)
GE   83.49 (-1.78%)
DIS   92.79 (+0.69%)
AMC   6.28 (+3.80%)
PYPL   75.18 (+1.02%)
PFE   51.05 (+1.61%)
NFLX   307.34 (-0.35%)
QQQ   283.85 (+1.18%)
AAPL   143.01 (+1.47%)
MSFT   247.71 (+1.37%)
META   116.13 (+1.93%)
GOOGL   94.26 (-0.72%)
AMZN   89.78 (+1.49%)
TSLA   170.93 (-1.79%)
NVDA   167.92 (+4.17%)
NIO   13.26 (+5.41%)
BABA   93.39 (+5.73%)
AMD   70.68 (+0.77%)
T   19.16 (-0.73%)
MU   55.41 (+2.95%)
CGC   3.18 (-1.85%)
F   13.14 (+0.31%)
GE   83.49 (-1.78%)
DIS   92.79 (+0.69%)
AMC   6.28 (+3.80%)
PYPL   75.18 (+1.02%)
PFE   51.05 (+1.61%)
NFLX   307.34 (-0.35%)
QQQ   283.85 (+1.18%)
AAPL   143.01 (+1.47%)
MSFT   247.71 (+1.37%)
META   116.13 (+1.93%)
GOOGL   94.26 (-0.72%)
AMZN   89.78 (+1.49%)
TSLA   170.93 (-1.79%)
NVDA   167.92 (+4.17%)
NIO   13.26 (+5.41%)
BABA   93.39 (+5.73%)
AMD   70.68 (+0.77%)
T   19.16 (-0.73%)
MU   55.41 (+2.95%)
CGC   3.18 (-1.85%)
F   13.14 (+0.31%)
GE   83.49 (-1.78%)
DIS   92.79 (+0.69%)
AMC   6.28 (+3.80%)
PYPL   75.18 (+1.02%)
PFE   51.05 (+1.61%)
NFLX   307.34 (-0.35%)

Pinnacle West Capital - PNW Stock Forecast, Price & News

$77.67
+0.05 (+0.06%)
(As of 12/8/2022 11:57 AM ET)
Add
Compare
Today's Range
$77.46
$78.00
50-Day Range
$59.76
$78.32
52-Week Range
$59.03
$80.51
Volume
4,470 shs
Average Volume
885,797 shs
Market Capitalization
$8.79 billion
P/E Ratio
16.46
Dividend Yield
4.43%
Price Target
$73.15

Pinnacle West Capital MarketRank™ Forecast

Analyst Rating
Hold
1.64 Rating Score
Upside/​Downside
5.8% Downside
$73.15 Price Target
Short Interest
Healthy
1.80% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.31
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Selling Shares
$190,011 Sold Last Quarter
Proj. Earnings Growth
1.44%
From $4.16 to $4.22 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.53 out of 5 stars

Utilities Sector

22nd out of 88 stocks

Electric Services Industry

10th out of 42 stocks

PNW stock logo

About Pinnacle West Capital (NYSE:PNW) Stock

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.

Receive PNW Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Pinnacle West Capital and its competitors with MarketBeat's FREE daily newsletter.

PNW Stock News Headlines

IDACORP (IDA) Beats on Q3 Earnings, Raises 2022 EPS View
Pinnacle West Reports Lower 2022 Third-Quarter Results
PNW Pinnacle West Capital Corporation
8 Analysts Have This to Say About Pinnacle West Capital
See More Headlines
Receive PNW Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Pinnacle West Capital and its competitors with MarketBeat's FREE daily newsletter.

PNW Company Calendar

Last Earnings
11/05/2021
Ex-Dividend for 12/1 Dividend
10/31/2022
Dividend Payable
12/01/2022
Today
12/08/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/24/2023

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
Electric Utilities
Sector
Utilities
CUSIP
72348410
Employees
5,872
Year Founded
1894

Price Target and Rating

Average Stock Price Forecast
$73.15
High Stock Price Forecast
$91.00
Low Stock Price Forecast
$56.00
Forecasted Upside/Downside
-5.8%
Consensus Rating
Hold
Rating Score (0-4)
1.64
Research Coverage
11 Analysts

Profitability

Net Income
$618.72 million
Pretax Margin
15.36%

Debt

Sales & Book Value

Annual Sales
$3.80 billion
Cash Flow
$12.19 per share
Book Value
$53.39 per share

Miscellaneous

Free Float
112,789,000
Market Cap
$8.79 billion
Optionable
Optionable
Beta
0.43

Social Links


Key Executives

  • Jeffrey B. Guldner
    Chairman, President & Chief Executive Officer
  • Andrew Cooper
    Chief Financial Officer & Senior Vice President
  • Robert E. Smith
    Chief Development Officer, EVP & General Counsel
  • Elizabeth A. Blankenship
    Chief Accounting Officer, VP & Controller
  • Robert S. Aiken
    Vice President-Federal Affairs













PNW Stock - Frequently Asked Questions

Should I buy or sell Pinnacle West Capital stock 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 4 sell ratings and 7 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" PNW shares. 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 PNW analyst ratings
or view top-rated stocks.

What is Pinnacle West Capital's stock price forecast for 2023?

11 brokerages have issued twelve-month target prices for Pinnacle West Capital's shares. Their PNW share price forecasts range from $56.00 to $91.00. On average, they anticipate the company's stock price to reach $73.15 in the next year. This suggests that the stock has a possible downside of 5.8%.
View analysts price targets for PNW
or view top-rated stocks among Wall Street analysts.

How have PNW shares performed in 2022?

Pinnacle West Capital's stock was trading at $70.59 on January 1st, 2022. Since then, PNW stock has increased by 10.0% and is now trading at $77.62.
View the best growth stocks for 2022 here
.

Are investors shorting Pinnacle West Capital?

Pinnacle West Capital saw a drop in short interest in the month of November. As of November 15th, there was short interest totaling 2,040,000 shares, a drop of 20.0% from the October 31st total of 2,550,000 shares. Based on an average daily volume of 811,900 shares, the days-to-cover ratio is currently 2.5 days.
View Pinnacle West Capital's Short Interest
.

When is Pinnacle West Capital's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, February 24th 2023.
View our PNW earnings forecast
.

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, beating analysts' consensus estimates of $2.78 by $0.22. The utilities provider had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.23 billion. Pinnacle West Capital had a net margin of 13.01% and a trailing twelve-month return on equity of 8.75%. The firm's quarterly revenue was up 4.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.07 EPS.
Read the conference call transcript
.

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, October 20th. Stockholders of record on Tuesday, November 1st will be given a dividend of $0.865 per share on Thursday, December 1st. This represents a $3.46 annualized dividend and a yield of 4.46%. The ex-dividend date of this dividend is Monday, October 31st. This is an increase from the stock's previous quarterly dividend of $0.85.
Read our dividend analysis for PNW
.

Is Pinnacle West Capital a good dividend stock?

Pinnacle West Capital (NYSE:PNW) pays an annual dividend of $3.46 per share and currently has a dividend yield of 4.43%. PNW has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company 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 is 73.31%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, PNW will have a dividend payout ratio of 81.99% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for PNW.

What guidance has Pinnacle West Capital issued on next quarter's earnings?

Pinnacle West Capital updated its FY 2022 earnings guidance on Thursday, November, 10th. The company provided EPS guidance of $4.20-$4.35 for the period, compared to the consensus earnings per share estimate of $4.03. The company issued revenue guidance of -.

What is Don Brandt's approval rating as Pinnacle West Capital's CEO?

11 employees have rated Pinnacle West Capital Chief Executive Officer Don Brandt on Glassdoor.com. Don Brandt has an approval rating of 54% among the company'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 variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (12.29%), BlackRock Inc. (8.73%), Lazard Asset Management LLC (7.99%), State Street Corp (6.75%), Barrow Hanley Mewhinney & Strauss LLC (4.99%) and Massachusetts Financial Services Co. MA (2.36%). Insiders that own company stock include Barbara D Lockwood, Daniel T Froetscher, James R Hatfield, Kathryn L Munro and Lee R Nickloy.
View institutional ownership trends
.

How do I buy shares of Pinnacle West Capital?

Shares of PNW stock 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 $77.62.

How much money does Pinnacle West Capital make?

Pinnacle West Capital (NYSE:PNW) has a market capitalization of $8.78 billion and generates $3.80 billion in revenue each year. The utilities provider earns $618.72 million in net income (profit) each year or $4.72 on an earnings per share basis.

How many employees does Pinnacle West Capital have?

The company employs 5,872 workers across the globe.

How can I contact Pinnacle West Capital?

Pinnacle West Capital's mailing address is 400 NORTH FIFTH STREET MS8695, PHOENIX AZ, 85072. The official website for the company is www.pinnaclewest.com. The utilities provider can be reached via phone at (602) 250-1000, via email at investorrelations@pinnaclewest.com, or via fax at 602-379-2625.

This page (NYSE:PNW) was last updated on 12/8/2022 by MarketBeat.com Staff