Pinnacle West Capital Corporation (PNW)

NYSE: PNW · Real-Time Price · USD
90.05
+1.23 (1.38%)
Apr 9, 2025, 1:21 PM EDT - Market open
1.38%
Market Cap 10.74B
Revenue (ttm) 5.12B
Net Income (ttm) 608.81M
Shares Out 119.24M
EPS (ttm) 5.24
PE Ratio 16.73
Forward PE 19.12
Dividend $3.58 (4.08%)
Ex-Dividend Date Feb 3, 2025
Volume 737,999
Open 87.89
Previous Close 88.82
Day's Range 86.62 - 90.05
52-Week Range 70.72 - 96.50
Beta 0.42
Analysts Buy
Price Target 93.75 (+4.11%)
Earnings Date May 1, 2025

About 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 nuclear, gas, oil, coal, 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 stor... [Read more]

Sector Utilities
Founded 1985
Employees 6,403
Stock Exchange NYSE
Ticker Symbol PNW
Full Company Profile

Financial Performance

In 2024, Pinnacle West Capital's revenue was $5.12 billion, an increase of 9.13% compared to the previous year's $4.70 billion. Earnings were $608.81 million, an increase of 21.38%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for PNW stock is "Buy." The 12-month stock price forecast is $93.75, which is an increase of 4.11% from the latest price.

Price Target
$93.75
(4.11% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Pinnacle West Sets Date for 2025 First-Quarter Financial Results, Webcast/Conference Call

PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital plans to release its 2025 first-quarter financial results before the U.S. financial markets open on Thursday, May 1, 2025.

7 days ago - Business Wire

Extra Eyes: APS, Firefighters Team Up With New AI Smoke-Detection Cameras

PHOENIX--(BUSINESS WIRE)--Arizona Public Service's new artificial intelligence (AI) cameras are proactively searching 24/7 for early signs of wildfires in targeted areas.

15 days ago - Business Wire

Undercovered Dozen: INmune Bio, Primerica, First Quantum, Pinnacle West +

The 'Undercovered' Dozen series highlights 12 lesser-covered stocks, offering fresh ideas and fostering discussion among investors. Mitsui & Co. is given a 'buy' recommendation, driven by Warren Buffe...

Other symbols: INMBPRI
19 days ago - Seeking Alpha

Pinnacle West: Steady Income Generator For Sleep-Well-At-Night Returns

Pinnacle West Capital has demonstrated strong business fundamentals and growth catalysts on the horizon. PNW benefits from favorable regulatory developments, robust residential growth, and increasing ...

26 days ago - Seeking Alpha

Pinnacle West Capital Corporation (PNW) Q4 2024 Earnings Call Transcript

Pinnacle West Capital Corporation (NYSE:PNW) Q4 2024 Earnings Conference Call February 25, 2025 11:00 AM ET Company Participants Amanda Ho - Investor Relations Jeffrey Guldner - Chairman, President a...

6 weeks ago - Seeking Alpha

Pinnacle West Reports 2024 Full-Year and Fourth-Quarter Results

PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital reports strong year-end results with year-over-year retail customer growth increasing a robust 2.1%.

6 weeks ago - Business Wire

Pinnacle West Sets Date for 2024 Fourth-Quarter and Full-Year Financial Results, Webcast/Conference Call

PHOENIX--(BUSINESS WIRE)--Pinnacle West plans to release its 2024 fourth-quarter and full-year financial results before U.S. financial markets open on Tuesday, Feb. 25, 2025.

2 months ago - Business Wire

Pinnacle West and APS Announce Leadership Succession

PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital Corp. Chairman and CEO Jeff Guldner will retire on March 31, 2025. APS President Ted Geisler has been tapped as his successor.

4 months ago - Business Wire

Pinnacle West Declares Quarterly Dividend

PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital Corp. today declared a quarterly dividend of $0.895 per share of common stock, payable on March 3, 2025.

4 months ago - Business Wire

ADDING and REPLACING APS Secures Its Largest-Ever Energy Supply to Reliably Serve Customers

PHOENIX--(BUSINESS WIRE)--Arizona Public Service has signed agreements to add its largest-ever energy supply and launches its 2024 All Source Request for Proposals.

5 months ago - Business Wire

Pinnacle West Capital Corporation (PNW) Q3 2024 Earnings Call Transcript

Pinnacle West Capital Corporation (NYSE:PNW) Q3 2024 Earnings Conference Call November 6, 2024 11:00 AM ET Company Participants Amanda Ho - IR Jeffrey Guldner - Chairman, President and CEO Andrew Coo...

5 months ago - Seeking Alpha

Pinnacle West Reports Slightly Lower 2024 Third-Quarter Results Compared to a Year Ago

PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital reports slightly lower 2024 third-quarter results compared to a year-ago.

5 months ago - Business Wire

U.S. Department of Energy Funds to Help Strengthen APS Smart Grid With New Technology

PHOENIX--(BUSINESS WIRE)--The U.S. Department of Energy announced it has awarded APS $70 million for smart grid resilience, reliability and wildfire mitigation projects.

6 months ago - Business Wire

Utilities: Why Pinnacle West Capital is a good buy

Today on Yahoo Finance's Good Buy or Goodbye, Host Julie Hyman is joined by Mizuho Americas managing director and senior analyst of utilities Anthony Crowdell to discuss the best and worst stock picks...

6 months ago - Yahoo Finance

Pinnacle West Sets Date for 2024 Third-Quarter Financial Results, Webcast/Conference Call

PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital Corp. plans to release its 2024 third-quarter financial results before U.S. financial markets open on Wednesday, Nov. 6, 2024.

6 months ago - Business Wire

Bank of America Says These 5 Stocks Could Benefit from Rising Power Demand

Bank of America is predicting a big jump in electrical demand—with some power companies better-positioned to capitalize than others.

Other symbols: ETRNWESRETXNM
6 months ago - Investopedia

5 Recession-Resistant Stocks That Won't Weigh You Down In A Soft Landing

Opposition hedging, while common, can reduce returns as it hedges against the main portfolio direction. We prefer using companies with inherently resilient business models to reduce economic exposure....

Other symbols: ACICCIFPIPSTL
8 months ago - Seeking Alpha

Wait On Pinnacle West Capital For Lower Interest Rates

Pinnacle West Capital Corporation is a $9.8 billion market cap company offering a 4.1% dividend and a low 0.50 beta. The company owns the largest nuclear power generating station in the US, benefiting...

8 months ago - Seeking Alpha

Pinnacle West Capital Corporation (PNW) Q2 2024 Earnings Call Transcript

Pinnacle West Capital Corporation (NYSE:PNW) Q2 2024 Earnings Conference Call August 1, 2024 12:00 PM ET Company Participants Amanda Ho - Investor Relations Jeffrey Guldner - Chairman of the Board, P...

8 months ago - Seeking Alpha

Pinnacle West Reports Improved 2024 Second-Quarter Financial Results

PHOENIX--(BUSINESS WIRE)--New customer rates and record heat positively impact Pinnacle West's 2024 second-quarter financial results.

8 months ago - Business Wire

Pinnacle West Sets Date for 2024 Second-Quarter Financial Results, Webcast/Conference Call

PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital Corp. plans to release its 2024 second-quarter financial results before U.S. financial markets open on Thursday, Aug. 1, 2024.

10 months ago - Business Wire

Pinnacle West Appoints Three New Members to its Board of Directors

PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital Corp. announced today that its board of directors has elected three new members to the company's board effective July 1, 2024.

10 months ago - Business Wire

Pinnacle West: Demand For Its Electricity Is Booming

Pinnacle West, the primary electric utility in Phoenix, is expected to benefit from the city's booming population and job growth. The company has a strong growth pipeline, with plans to invest in tran...

10 months ago - Seeking Alpha

Pinnacle West: One Of The Best Utilities, But Fairly Valued

Pinnacle West Capital Corporation reported solid Q1 2024 earnings, beating consensus estimates. The company updated its earnings guidance for 2024. We examine the Pinnacle West Capital Corporation set...

10 months ago - Seeking Alpha

Pinnacle West Upsizes and Prices Offering of $475 Million of 4.75% Convertible Senior Notes Due 2027

PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital Corp. announced the upsizing and pricing of its offering of $475 million aggregate principal convertible senior notes due 2027.

11 months ago - Business Wire