NYSE:PNW Pinnacle West Capital (PNW) Stock Price, News & Analysis → Did You Get Your Free Bitcoin Yet? (From Crypto Swap Profits) (Ad) Free PNW Stock Alerts $75.04 +0.10 (+0.13%) (As of 05/2/2024 ET) Add Compare Share Share Today's Range$74.82▼$76.0850-Day Range$66.90▼$74.9552-Week Range$65.20▼$86.03Volume1.05 million shsAverage Volume1.32 million shsMarket Capitalization$8.52 billionP/E Ratio17.02Dividend Yield4.69%Price Target$73.42 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 RatingHold2.33 Rating ScoreUpside/Downside2.2% Downside$73.42 Price TargetShort InterestHealthy2.77% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-5.44Upright™ Environmental ScoreNews Sentiment0.78Based on 17 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.4.16 out of 5 starsUtilities Sector33rd out of 89 stocksElectric Services Industry16th out of 41 stocks 2.2 Analyst's Opinion Consensus RatingPinnacle West Capital has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 4 buy ratings, 8 hold ratings, and no sell ratings.Amount of Analyst CoveragePinnacle West Capital has been the subject of 9 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 2.7 News and Social Media Coverage News SentimentPinnacle West Capital has a news sentiment score of 0.78. 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 0.43 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 17 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 -85% 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 0% 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 17.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.85.Price to Earnings Ratio vs. SectorThe P/E ratio of Pinnacle West Capital is 17.02, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 82.23.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 1.35. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. 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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 HeadlinesMay 2, 2024 | msn.comPinnacle West Capital GAAP EPS of $0.15, revenue of $951.71M misses by $30.84MMay 2, 2024 | finance.yahoo.comPinnacle West Capital Corp (PNW) Reports Q1 2024 Earnings, Exceeds Revenue ExpectationsMay 2, 2024 | Porter & Company (Ad)The biggest energy story ever? Discover why I’m calling this one of the biggest developments in the global energy market since the shale revolution… why everything you’ve ever been told about Trump’s environmental record is a lie…May 2, 2024 | businesswire.comPinnacle West Reports 2024 First-quarter Financial ResultsMay 2, 2024 | msn.comPinnacle West Capital Q1 2024 Earnings PreviewMay 1, 2024 | americanbankingnews.comPinnacle West Capital Co. (NYSE:PNW) Receives Average Recommendation of "Hold" from AnalystsApril 30, 2024 | msn.comMap Shows Proposed Pacific Northwest High-Speed Rail RouteApril 30, 2024 | msn.comCitigroup Initiates Coverage of Pinnacle West Capital (PNW) with Neutral RecommendationMay 2, 2024 | Porter & Company (Ad)The biggest energy story ever? Discover why I’m calling this one of the biggest developments in the global energy market since the shale revolution… why everything you’ve ever been told about Trump’s environmental record is a lie…April 30, 2024 | americanbankingnews.comPinnacle West Capital (NYSE:PNW) Now Covered by Analysts at CitigroupApril 29, 2024 | markets.businessinsider.comHold Rating on Pinnacle West Capital Amid Regulatory and Financial HeadwindsApril 25, 2024 | americanbankingnews.comPinnacle West Capital (PNW) Scheduled to Post Quarterly Earnings on ThursdayApril 22, 2024 | finance.yahoo.comPinnacle West Capital Corporation (PNW)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 CallMarch 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 SharesSee 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 Payable3/01/2024Ex-Dividend for 6/3 Dividend4/30/2024Today5/02/2024Next 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$73.42 High Stock Price Target$80.00 Low Stock Price Target$61.00 Potential Upside/Downside-2.2%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$4.41 Trailing P/E Ratio17.02 Forward P/E Ratio15.97 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 / Sales1.81 Cash Flow$17.09 per share Price / Cash Flow4.39 Book Value$55.42 per share Price / Book1.35Miscellaneous Outstanding Shares113,560,000Free Float113,296,000Market Cap$8.52 billion OptionableOptionable Beta0.48 Social Links Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Jeffrey B. Guldner (Age 58)Chairman, President & CEO Comp: $3.04MMr. Andrew D. Cooper (Age 45)Senior VP & CFO Comp: $1.22MMr. Robert E. Smith (Age 54)Executive VP, General Counsel & Chief Development Officer Comp: $1.46MMr. Adam C. Heflin (Age 59)EVP & Chief Nuclear Officer of Palo Verde Generating Station of Arizona Public Service Company Comp: $1.5MMr. Theodore N. Geisler (Age 45)President of Arizona Public Service Company Comp: $1.52MMs. 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 CompanyMr. Paul J. Mountain (Age 46)VP of Finance & Treasurer More ExecutivesKey CompetitorsOGE EnergyNYSE:OGEIDACORPNYSE:IDAPortland General ElectricNYSE:POROtter TailNASDAQ:OTTRPNM ResourcesNYSE:PNMView All CompetitorsInsiders & InstitutionsMutual of America Capital Management LLCSold 303 shares on 5/2/2024Ownership: 0.013%Daiwa Securities Group Inc.Bought 694 shares on 5/2/2024Ownership: 0.003%Janney Montgomery Scott LLCBought 1,398 shares on 5/1/2024Ownership: 0.010%Diversify Advisory Services LLCBought 2,857 shares on 5/1/2024Ownership: 0.003%Capstone Investment Advisors LLCBought 300 shares on 5/1/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions PNW Stock Analysis - Frequently Asked Questions Should I buy or sell Pinnacle West Capital stock right now? 12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Pinnacle West Capital in the last year. There are currently 8 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? 12 brokerages have issued 1 year target prices for Pinnacle West Capital's stock. Their PNW share price targets range from $61.00 to $80.00. On average, they expect the company's share price to reach $73.42 in the next twelve months. This suggests that the stock has a possible downside of 2.2%. 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 the year. Since then, PNW shares have increased by 4.5% and is now trading at $75.04. 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 were Pinnacle West Capital's earnings last quarter? Pinnacle West Capital Co. (NYSE:PNW) posted its quarterly earnings results on Thursday, August, 3rd. The utilities provider reported $0.94 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.19 by $0.25. The utilities provider earned $1.12 billion during the quarter, compared to analyst estimates of $1.09 billion. Pinnacle West Capital had a trailing twelve-month return on equity of 8.02% and a net margin of 10.68%. The business's quarterly revenue was up 5.7% on a year-over-year basis. During the same period in the previous year, the business posted $1.45 earnings per share. 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. Stockholders 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 4.69%. 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 FY24 earnings guidance on Thursday, May, 2nd. The company provided earnings per share guidance of $4.60-4.80 for the period, compared to the consensus earnings per share estimate of $4.74. 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 a number of institutional and retail investors. Top institutional shareholders include Perpetual Ltd (0.26%), Principal Financial Group Inc. (0.11%), BNP Paribas Financial Markets (0.10%), Keystone Financial Planning Inc. (0.07%), Meritage Portfolio Management (0.06%) and Gateway Investment Advisers LLC (0.05%). 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 5/2/2024 by MarketBeat.com Staff From Our PartnersUrgent Nvidia WarningAltimetryA.I. is a Tidal Wave - Here’s What to BuyChaikin AnalyticsTruth about Trump you’ve never heardPorter & CompanyHe Is Giving Away BitcoinCrypto Swap ProfitsThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingThe A.I. story nobody is telling you (Read ASAP)TradeSmithAI “wealth window” is closing June 25thParadigm Press4 Cryptos BETTER than BitcoinTrue Market Insiders 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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