NYSE:PNW Pinnacle West Capital (PNW) Stock Price, News & Analysis → Major Elon Musk Crypto Leak Revealed (From Crypto 101 Media) (Ad) Free PNW Stock Alerts $74.73 +0.70 (+0.95%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$73.90▼$74.7950-Day Range$66.39▼$74.7352-Week Range$65.20▼$86.03Volume902,873 shsAverage Volume1.46 million shsMarket Capitalization$8.48 billionP/E Ratio16.95Dividend Yield4.71%Price Target$72.91 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Pinnacle West Capital alerts: Email Address Pinnacle West Capital MarketRank™ Stock AnalysisAnalyst RatingHold2.36 Rating ScoreUpside/Downside2.4% Downside$72.91 Price TargetShort InterestHealthy2.77% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-4.63Upright™ Environmental ScoreNews Sentiment1.04Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth6.30%From $4.76 to $5.06 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.69 out of 5 starsUtilities Sector11th out of 90 stocksElectric Services Industry5th out of 40 stocks 2.2 Analyst's Opinion Consensus RatingPinnacle West Capital has received a consensus rating of Hold. The company's average rating score is 2.36, and is based on 4 buy ratings, 7 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $72.91, Pinnacle West Capital has a forecasted downside of 2.4% from its current price of $74.73.Amount of Analyst CoveragePinnacle West Capital has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.77% of the outstanding shares of Pinnacle West Capital have been sold short.Short Interest Ratio / Days to CoverPinnacle West Capital has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Pinnacle West Capital has recently decreased by 5.99%, indicating that investor sentiment is improving significantly. Previous Next 4.2 Dividend Strength Dividend LeadershipPinnacle West Capital is a leading dividend payer. It pays a dividend yield of 4.89%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPinnacle West Capital has been increasing its dividend for 12 years.Dividend CoverageThe dividend payout ratio of Pinnacle West Capital is 79.82%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Pinnacle West Capital will have a dividend payout ratio of 69.57% next year. This indicates that Pinnacle West Capital will be able to sustain or increase its dividend. Previous Next 2.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePinnacle West Capital has received a 3.72% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Retailing electricity produced with nuclear fuels", "Electricity produced with nuclear fuels", "Retailing electricity produced with coal", "Electricity produced with coal", and "Electricity produced with photovoltaic solar power" products. See details.Environmental SustainabilityThe Environmental Impact score for Pinnacle West Capital is -4.63. Previous Next 2.8 News and Social Media Coverage News SentimentPinnacle West Capital has a news sentiment score of 1.04. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.47 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Pinnacle West Capital this week, compared to 5 articles on an average week.Search Interest22 people have searched for PNW on MarketBeat in the last 30 days. This is an increase of 175% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Pinnacle West Capital to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Pinnacle West Capital insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.31% of the stock of Pinnacle West Capital is held by insiders.Percentage Held by Institutions91.51% of the stock of Pinnacle West Capital is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Pinnacle West Capital are expected to grow by 6.30% in the coming year, from $4.76 to $5.06 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Pinnacle West Capital is 16.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 148.81.Price to Earnings Ratio vs. SectorThe P/E ratio of Pinnacle West Capital is 16.95, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 76.04.Price to Earnings Growth RatioPinnacle West Capital has a PEG Ratio of 2.00. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPinnacle West Capital has a P/B Ratio of 1.35. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap ProfitsDid You Get Your Free Bitcoin Yet?And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.>> Register right here About Pinnacle West Capital Stock (NYSE:PNW)Pinnacle West Capital Corporation, through its subsidiary, provides retail and wholesale electric services primarily in the state of Arizona. The company engages in the generation, transmission, and distribution of electricity using coal, nuclear, gas, oil, and solar generating facilities. Its transmission facilities include overhead lines and underground lines; and distribution facilities consist of overhead lines and underground primary cables. The company also owns and maintains transmission and distribution substations; and owns energy storage facilities. Pinnacle West Capital Corporation was incorporated in 1985 and is headquartered in Phoenix, Arizona.Read More PNW Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PNW Stock News HeadlinesMarch 27, 2024 | seekingalpha.comPinnacle West: Equity Offering Dilution Offset By Credit StabilizationMarch 22, 2024 | americanbankingnews.comPinnacle West Capital (NYSE:PNW) Given New $70.00 Price Target at Morgan StanleyMarch 29, 2024 | Crypto 101 Media (Ad)Major Elon Musk Crypto Leak RevealedReports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.March 20, 2024 | finance.yahoo.comShareholders in Pinnacle West Capital (NYSE:PNW) are in the red if they invested five years agoMarch 20, 2024 | finance.yahoo.comPNW Jul 2024 80.000 callMarch 19, 2024 | americanbankingnews.comPinnacle West Capital (NYSE:PNW) Upgraded to "Buy" at Bank of AmericaMarch 18, 2024 | msn.comPinnacle West raised to Buy at BofA on road to long improving ROEMarch 18, 2024 | markets.businessinsider.comPinnacle West Capital Is Primed For Multiyear EPS Growth, Says Bullish AnalystMarch 29, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.March 16, 2024 | nasdaq.comPNW May 17th Options Begin TradingMarch 9, 2024 | nasdaq.comGuru Fundamental Report for PNWFebruary 29, 2024 | finance.yahoo.comPinnacle West Capital Corporation: Maintaining BUY following 4Q resultsFebruary 29, 2024 | markets.businessinsider.comPinnacle West Prices Public Offering Of 9.77 Mln SharesFebruary 29, 2024 | msn.comPinnacle West prices public offering of about 9.8M shares of common stockFebruary 29, 2024 | finance.yahoo.comAnalyst Estimates: Here's What Brokers Think Of Pinnacle West Capital Corporation (NYSE:PNW) After Its Yearly ReportFebruary 29, 2024 | businesswire.comPinnacle West Announces Pricing of a Public Offering of 9,774,436 Shares of Common StockFebruary 28, 2024 | businesswire.comPinnacle West Announces Proposed Public Offering of $650 Million of Common StockFebruary 28, 2024 | finance.yahoo.comPinnacle West Capital Corporation (NYSE:PNW) Q4 2023 Earnings Call TranscriptFebruary 28, 2024 | finance.yahoo.comQ4 2023 Pinnacle West Capital Corp Earnings CallFebruary 28, 2024 | finance.yahoo.comPinnacle West Capital Full Year 2023 Earnings: Beats ExpectationsFebruary 27, 2024 | finance.yahoo.comPinnacle West Capital posts smaller loss in Q4 on lower operating expensesFebruary 27, 2024 | msn.comPinnacle West Capital reports Q4 resultsFebruary 27, 2024 | markets.businessinsider.comPinnacle West Capital Guides FY24 EPS In Line With Estimates - UpdateFebruary 27, 2024 | finance.yahoo.comPinnacle West Reports 2023 Full-Year and Fourth-Quarter Results, Shares 2024 Financial OutlookFebruary 27, 2024 | finance.yahoo.comPinnacle West Capital Corp Reports Steady Earnings Growth and Outlines Future PlansFebruary 27, 2024 | businesswire.comPinnacle West Reports 2023 Full-Year and Fourth-Quarter Results, Shares 2024 Financial OutlookFebruary 20, 2024 | finance.yahoo.comPinnacle West (PNW) May Report Negative Earnings: Know the Trend Ahead of Next Week's ReleaseSee 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. Email Address Company Calendar Last Earnings8/03/2023Ex-Dividend for 3/1 Dividend1/31/2024Dividend Payable3/01/2024Today3/29/2024Next Earnings (Estimated)5/02/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorUtilities Industry Electric services Sub-IndustryElectric Utilities Current SymbolNYSE:PNW CUSIP72348410 CIK764622 Webwww.pinnaclewest.com Phone(602) 250-1000Fax602-379-2625Employees6,133Year Founded1894Price Target and Rating Average Stock Price Target$72.91 High Stock Price Target$80.00 Low Stock Price Target$61.00 Potential Upside/Downside-2.4%Consensus RatingHold Rating Score (0-4)2.36 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$4.41 Trailing P/E Ratio16.95 Forward P/E Ratio15.70 P/E Growth2Net Income$501.56 million Net Margins10.68% Pretax Margin12.69% Return on Equity8.02% Return on Assets2.08% Debt Debt-to-Equity Ratio1.20 Current Ratio0.67 Quick Ratio0.50 Sales & Book Value Annual Sales$4.70 billion Price / Sales1.81 Cash Flow$17.42 per share Price / Cash Flow4.29 Book Value$55.42 per share Price / Book1.35Miscellaneous Outstanding Shares113,430,000Free Float113,075,000Market Cap$8.48 billion OptionableOptionable Beta0.48 Social Links A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for April 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Jeffrey B. Guldner (Age 58)Chairman, President & CEO Comp: $2.85MMr. Andrew D. Cooper (Age 45)Senior VP & CFO Comp: $1.01MMr. Robert E. Smith (Age 54)Executive VP, General Counsel & Chief Development Officer Comp: $1.35MMr. Adam C. Heflin (Age 59)EVP & Chief Nuclear Officer of Palo Verde Generating Station of Arizona Public Service Company Comp: $1.43MMr. Theodore N. Geisler (Age 45)President of Arizona Public Service Company Comp: $1.49MMr. Jacob Tetlow (Age 51)Executive Vice President of Operations for Arizona Public Service Company Comp: $512.31kMs. Elizabeth A. Blankenship (Age 52)VP, Controller & Chief Accounting Officer Amanda HoDirector of Investor RelationsMr. Todd HortonSVP of Nuclear Regulatory & Oversight of Palo Verde Generating Station for APSMr. Cary HarborSenior VP of Site Ops. of Palo Verde Generating Station for Arizona Public Service CompanyMore ExecutivesKey CompetitorsOGE EnergyNYSE:OGEIDACORPNYSE:IDAPortland General ElectricNYSE:POROtter TailNASDAQ:OTTRPNM ResourcesNYSE:PNMView All CompetitorsInsiders & InstitutionsNewbridge Financial Services Group Inc.Bought 199 shares on 3/28/2024Ownership: 0.000%Napatree Capital LLCBought 2,981 shares on 3/26/2024Ownership: 0.003%Quadrature Capital LtdBought 3,988 shares on 3/25/2024Ownership: 0.013%PNC Financial Services Group Inc.Sold 5,361 shares on 3/22/2024Ownership: 0.051%Vanguard Group Inc.Sold 133,681 shares on 3/11/2024Ownership: 12.591%View All Insider TransactionsView All Institutional Transactions PNW Stock Analysis - Frequently Asked Questions Should I buy or sell Pinnacle West Capital stock right now? 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Pinnacle West Capital in the last twelve months. There are currently 7 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research 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 target for 2024? 11 equities research analysts have issued twelve-month price targets for Pinnacle West Capital's shares. Their PNW share price targets range from $61.00 to $80.00. On average, they predict the company's share price to reach $72.91 in the next year. This suggests that the stock has a possible downside of 2.4%. View analysts price targets for PNW or view top-rated stocks among Wall Street analysts. How have PNW shares performed in 2024? Pinnacle West Capital's stock was trading at $71.84 at the beginning of 2024. Since then, PNW stock has increased by 4.0% and is now trading at $74.73. View the best growth stocks for 2024 here. Are investors shorting Pinnacle West Capital? Pinnacle West Capital saw a increase in short interest in February. As of February 15th, there was short interest totaling 2,910,000 shares, an increase of 46.2% from the January 31st total of 1,990,000 shares. Based on an average daily volume of 1,240,000 shares, the short-interest ratio is presently 2.3 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 Thursday, May 2nd 2024. View our PNW earnings forecast. How were Pinnacle West Capital's earnings last quarter? Pinnacle West Capital Co. (NYSE:PNW) issued its quarterly earnings results on Thursday, August, 3rd. The utilities provider reported $0.94 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.19 by $0.25. The utilities provider had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.09 billion. Pinnacle West Capital had a net margin of 10.68% and a trailing twelve-month return on equity of 8.02%. The business's revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.45 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 announced a quarterly dividend on Wednesday, December 13th. Stockholders of record on Thursday, February 1st will be given a dividend of $0.88 per share on Friday, March 1st. This represents a $3.52 dividend on an annualized basis and a yield of 4.71%. The ex-dividend date is Wednesday, January 31st. Read our dividend analysis for PNW. Is Pinnacle West Capital a good dividend stock? Pinnacle West Capital (NYSE:PNW) pays an annual dividend of $3.52 per share and currently has a dividend yield of 4.89%. 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 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 79.82%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, PNW will have a dividend payout ratio of 69.57% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PNW. What ETFs hold Pinnacle West Capital's stock? ETFs with the largest weight of Pinnacle West Capital (NYSE:PNW) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), Virtus Reaves Utilities ETF (UTES), Invesco Dorsey Wright Utilities Momentum ETF (PUI), Invesco S&P 500 Equal Weight Utilities ETF (RYU), Invesco S&P 500 Equal Weight Utilities ETF (RSPU), First Trust Utilities AlphaDEX Fund (FXU), iShares Focused Value Factor ETF (FOVL) and ALPS Sector Dividend Dogs ETF (SDOG). What guidance has Pinnacle West Capital issued on next quarter's earnings? Pinnacle West Capital updated its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share (EPS) guidance of 4.600-4.800 for the period, compared to the consensus estimate of 4.800. 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). Who are Pinnacle West Capital's major shareholders? Pinnacle West Capital's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (12.59%), Vanguard Group Inc. (12.59%), Capital Research Global Investors (5.74%), Massachusetts Financial Services Co. MA (2.42%), Norges Bank (1.39%) and First Trust Advisors LP (1.06%). Insiders that own company stock include Barbara D Lockwood, James R Hatfield, Kathryn L Munro, Robert Edgar Smith and Theodore N Geisler. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:PNW) was last updated on 3/29/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders Alliance“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyFed launches fourth dollar overhaulStansberry Research Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Pinnacle West Capital Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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