Pinnacle West Capital Corporation (PNW)

Market Cap	8.99B
Revenue (ttm)	4.70B
Net Income (ttm)	501.56M
Shares Out	123.20M
EPS (ttm)	4.41
PE Ratio	16.55
Forward PE	15.32
Dividend	$3.52 (4.82%)
Ex-Dividend Date	Apr 30, 2024

Volume	742,714
Open	72.25
Previous Close	71.97
Day's Range	71.98 - 73.31
52-Week Range	65.20 - 86.03
Beta	0.48
Analysts	Buy
Price Target	73.83 (+1.18%)
Earnings Date	May 2, 2024

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 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 stor...

• Industry: Utilities - Regulated Electric
• Sector: Utilities
• CEO: Jeffrey B. Guldner
• Employees: 6,113
• Stock Exchange: NYSE
• Ticker Symbol: PNW

Financial Performance

In 2023, PNW's revenue was $4.70 billion, an increase of 8.59% compared to the previous year's $4.32 billion. Earnings were $501.56 million, an increase of 3.71%.

Analyst Forecast

According to 13 analysts, the average rating for PNW stock is "Buy." The 12-month stock price forecast is $73.83, which is an increase of 1.18% from the latest price.

Price Target

$73.83

(1.18% upside)

Analyst Consensus: Buy