Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Pinnacle West Capital Corp (PNW)
NYSE:PNW
Holding PNW?
Track your performance easily
PNW Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$65.20 - $91.49
Previous Close$91.32
Volume1.18M
Average Volume (3M)889.58K
Market Cap
$10.38B
Enterprise Value$21.69B
Total Cash (Recent Filing)$4.01M
Total Debt (Recent Filing)$11.21B
Price to Earnings (P/E)16.9
Beta0.34
Next Earnings
Nov 01, 2024EPS Estimate
$3.19Last Dividend Ex-Date
Aug 01, 2024Dividend Yield3.88%
Share Statistics
EPS (TTM)5.41
Shares Outstanding113,611,506
10 Day Avg. Volume841,721
30 Day Avg. Volume889,575
Standard Deviation0.07
R-Squared0.15
Alpha-0.00176
Financial Highlights & Ratios
Price to Book (P/B)1.67
Price to Sales (P/S)2.11
Price to Cash Flow (P/CF)13.60
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.32
Enterprise Value/Gross Profit5.96
Enterprise Value/Ebitda8.08
Forecast
1Y Price Target
$86.80Price Target Upside-3.52% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering6
Pinnacle West Capital News
PremiumCompany Announcements
Pinnacle West Capital’s Upcoming Investor Engagement in September 2024
Bulls Say, Bears Say
Bulls Say
Price TargetWe increase our price target to $80 per share on higher confidence in the company's future earnings.
RegulationManagement remains optimistic on the direction of regulation with an aim toward reducing lag and smoothing the earnings trajectory.
Sales GrowthSales in the quarter grew by 5.9%, driven by strong growth in the commercial and industrial (C&I) segment.
Bears Say
EarningsLow interest debt maturities have some earnings drag.
Regulatory ChallengesArizona remains a more challenging regulatory environment with historical test years, popularly elected commission, and history of disallowances.
Regulatory EnvironmentRegulatory lag is likely to persist and could present risk to the '25E EPS.
---
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
PNW FAQ
What was Pinnacle West Capital Corp’s price range in the past 12 months?
Pinnacle West Capital Corp lowest stock price was $65.20 and its highest was $91.49 in the past 12 months.
What is Pinnacle West Capital Corp’s market cap?
Currently, no data Available
When is Pinnacle West Capital Corp’s upcoming earnings report date?
Pinnacle West Capital Corp’s upcoming earnings report date is Nov 01, 2024 which is in 42 days.
How were Pinnacle West Capital Corp’s earnings last quarter?
Pinnacle West Capital Corp released its earnings results on Aug 01, 2024. The company reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.279 by $0.481.
Is Pinnacle West Capital Corp overvalued?
According to Wall Street analysts Pinnacle West Capital Corp’s price is currently Overvalued.
Does Pinnacle West Capital Corp pay dividends?
Pinnacle West Capital Corp pays a Quarterly dividend of $0.88 which represents an annual dividend yield of 3.88%. See more information on Pinnacle West Capital Corp dividends here
What is Pinnacle West Capital Corp’s EPS estimate?
Pinnacle West Capital Corp’s EPS estimate is $3.19.
How many shares outstanding does Pinnacle West Capital Corp have?
Pinnacle West Capital Corp has 113,611,500 shares outstanding.
What happened to Pinnacle West Capital Corp’s price movement after its last earnings report?
Pinnacle West Capital Corp reported an EPS of $1.76 in its last earnings report, beating expectations of $1.279. Following the earnings report the stock price went up 3.966%.
Which hedge fund is a major shareholder of Pinnacle West Capital Corp?
Among the largest hedge funds holding Pinnacle West Capital Corp’s share is Bridgewater Associates, LP. It holds Pinnacle West Capital Corp’s shares valued at 4M.
---
Pinnacle West Capital Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$86.80 (-3.52% Downside)
$86.80 (-3.52% Downside)
Blogger Sentiment
Bullish
PNW Sentiment 80%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 23.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $655.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.2%
Last 30 Days ▲ 0.3%
Last 30 Days ▲ 0.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
21.69%
12-Months-Change
Fundamentals
Return on Equity
10.16%
Trailing 12-Months
Asset Growth
7.18%
Trailing 12-Months
Company Description
Pinnacle West Capital Corp
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.
---
PNW Company Deck
---
PNW Earnings Call
Q2 2024
0:00 / 0:00
---
PNW Revenue Breakdown
48.75% Residential Retail Electric Service
43.62% Non-Residential Retail Electric Service
4.45% Wholesale Energy Sales
2.95% Transmission Services for Others
0.23% Other
---
PNW Stock 12 Month Forecast
Average Price Target
$86.80
▼(-3.52% Downside)
Technical Analysis
Best Analysts Covering PNW
1 Year
1 Year Success Rate
7/7 ratings generated profit
1 Year Average Return
+28.26%
assigned a buy rating 7 months ago
Copying Anthony Crowdell's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +28.26% per trade.
---