NYSE:PNW Pinnacle West Capital (PNW) Stock Price, News & Analysis → The system that called 2023’s top 7 stocks is at it again… (From WealthPress) (Ad) Free PNW Stock Alerts $73.69 -0.51 (-0.69%) (As of 04/26/2024 08:53 PM ET) Add Compare Share Share Today's Range$73.67▼$74.6350-Day Range$66.90▼$74.7352-Week Range$65.20▼$86.03Volume864,400 shsAverage Volume1.33 million shsMarket Capitalization$8.37 billionP/E Ratio16.71Dividend Yield4.78%Price Target$73.00 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/Downside0.9% Downside$73.00 Price TargetShort InterestHealthy2.77% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-5.44Upright™ Environmental ScoreNews Sentiment1.10Based on 7 Articles This WeekInsider TradingN/AProj. Earnings Growth6.17%From $4.70 to $4.99 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.4.21 out of 5 starsUtilities Sector33rd out of 89 stocksElectric Services Industry17th out of 42 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.Amount of Analyst CoveragePinnacle West Capital has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 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 2.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Pinnacle West Capital has recently increased by 3.28%, indicating that investor sentiment is decreasing. Previous Next 4.2 Dividend Strength Dividend LeadershipPinnacle West Capital is a leading dividend payer. It pays a dividend yield of 4.78%, 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 70.54% next year. This indicates that Pinnacle West Capital will be able to sustain or increase its dividend. Previous Next 1.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePinnacle West Capital has received a -24.71% net impact score from Upright. The largest negative impact of Pinnacle West Capital in category "GHG emissions" seems to be driven mostly by its "Retailing electricity produced with coal", "Electricity produced with coal", and "Retailing electricity produced with oil" products. See details.Environmental SustainabilityThe Environmental Impact score for Pinnacle West Capital is -5.44. Previous Next 2.8 News and Social Media Coverage News SentimentPinnacle West Capital has a news sentiment score of 1.10. 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 0.45 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Pinnacle West Capital this week, compared to 5 articles on an average week.Search InterestOnly 3 people have searched for PNW on MarketBeat in the last 30 days. This is a decrease of -86% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Pinnacle West Capital to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% 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 0.23% 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 6.17% in the coming year, from $4.70 to $4.99 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Pinnacle West Capital is 16.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.09.Price to Earnings Ratio vs. SectorThe P/E ratio of Pinnacle West Capital is 16.71, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 77.54.Price to Earnings Growth RatioPinnacle West Capital has a PEG Ratio of 2.08. 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 1.33. 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 Wall Street StarAI finds its first serious applicationAI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.Click here to learn more about the booming eHealth industry 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 HeadlinesApril 25, 2024 | americanbankingnews.comPinnacle West Capital (PNW) Scheduled to Post Quarterly Earnings on ThursdayApril 22, 2024 | finance.yahoo.comPinnacle West Capital Corporation (PNW)April 29, 2024 | Banyan Hill Publishing (Ad)The Best AI Stock to Own in the World Today is Trading for Just $25“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.April 17, 2024 | seekingalpha.comPinnacle West Capital declares $0.88 dividendApril 17, 2024 | businesswire.comPinnacle West Declares Quarterly DividendApril 15, 2024 | finance.yahoo.comWith 89% ownership, Pinnacle West Capital Corporation (NYSE:PNW) boasts of strong institutional backingApril 15, 2024 | markets.businessinsider.comBarclays Keeps Their Buy Rating on Pinnacle West Capital (PNW)April 2, 2024 | businesswire.comPinnacle West Sets Date for 2024 First-Quarter Financial Results, Webcast/Conference CallApril 29, 2024 | Banyan Hill Publishing (Ad)The Best AI Stock to Own in the World Today is Trading for Just $25“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.March 27, 2024 | seekingalpha.comPinnacle West: Equity Offering Dilution Offset By Credit StabilizationMarch 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 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 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 resultsSee 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 Payable3/01/2024Today4/28/2024Ex-Dividend for 6/3 Dividend4/30/2024Next Earnings (Confirmed)5/02/2024Dividend Payable6/03/2024Fiscal 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$73.00 High Stock Price Target$80.00 Low Stock Price Target$61.00 Potential Upside/Downside-0.9%Consensus RatingHold Rating Score (0-4)2.36 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$4.41 Trailing P/E Ratio16.71 Forward P/E Ratio15.68 P/E Growth2.08Net 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 / Sales1.78 Cash Flow$16.79 per share Price / Cash Flow4.39 Book Value$55.42 per share Price / Book1.33Miscellaneous Outstanding Shares113,560,000Free Float113,296,000Market Cap$8.37 billion OptionableOptionable Beta0.49 Social Links A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for May 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 & InstitutionsYousif Capital Management LLCSold 10,048 shares on 4/26/2024Ownership: 0.016%Mesirow Financial Investment Management Inc.Bought 13,684 shares on 4/26/2024Ownership: 0.012%Securian Asset Management Inc.Sold 598 shares on 4/26/2024Ownership: 0.006%LifeSteps Financial Inc.Bought 916 shares on 4/26/2024Ownership: 0.001%Simplicity Wealth LLCBought 10,809 shares on 4/24/2024Ownership: 0.010%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 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 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 brokers 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 $73.00 in the next year. This suggests that the stock has a possible downside of 0.9%. 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 on January 1st, 2024. Since then, PNW shares have increased by 2.6% and is now trading at $73.69. View the best growth stocks for 2024 here. 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 can I listen to Pinnacle West Capital's earnings call? Pinnacle West Capital will be holding an earnings conference call on Thursday, May 2nd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 919-882-2331 with passcode "50305". How were Pinnacle West Capital's earnings last quarter? Pinnacle West Capital Co. (NYSE:PNW) announced its quarterly earnings data on Thursday, August, 3rd. The utilities provider reported $0.94 EPS for the quarter, missing analysts' consensus estimates of $1.19 by $0.25. The utilities provider earned $1.12 billion during the quarter, compared to the consensus estimate 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 firm's revenue was up 5.7% on a year-over-year basis. During the same period last year, the firm 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 declared a quarterly dividend on Wednesday, April 17th. Investors of record on Wednesday, May 1st will be given a dividend of $0.88 per share on Monday, June 3rd. This represents a $3.52 dividend on an annualized basis and a dividend yield of 4.78%. The ex-dividend date of this dividend is Tuesday, April 30th. 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 4.78%. 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 70.54% 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 Virtus Reaves Utilities ETF (UTES), Invesco S&P 500 Equal Weight Utilities ETF (RSPU), First Trust Utilities AlphaDEX Fund (FXU), Invesco S&P 500 Equal Weight Utilities ETF (RYU), Invesco Dorsey Wright Utilities Momentum ETF (PUI), Invesco S&P 500 High Dividend Low Volatility ETF (SPHD), Invesco High Yield Equity Dividend Achievers ETF (PEY) and iShares Focused Value Factor ETF (FOVL). What guidance has Pinnacle West Capital issued on next quarter's earnings? Pinnacle West Capital updated its FY 2024 earnings guidance on Wednesday, April, 17th. The company provided earnings per share guidance of 4.600-4.800 for the period, compared to the consensus EPS estimate of 4.690. 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 investors include Perpetual Ltd (0.26%), Keystone Financial Planning Inc. (0.07%), Gateway Investment Advisers LLC (0.05%), Butensky & Cohen Financial Security Inc. (0.05%), Seven Grand Managers LLC (0.04%) and Baker Ellis Asset Management LLC (0.04%). 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 4/29/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? 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