Pinnacle West Capital Corporation (PNW)
Stock Price:
$85.73 USD
2.04 (2.44%)
Updated Oct 22, 2020 4:03 PM EDT - Market closed
Key Info
| Market Cap |
9.65B |
| Revenue (ttm) |
3.45B |
| Net Income (ttm) |
599.84M |
| Shares Out |
112.56M |
| EPS (ttm) |
5.31 |
| PE Ratio |
16.15 |
| Forward PE |
16.05 |
| Dividend |
$3.13 |
| Dividend Yield |
3.65% |
Stock Quote
| Trading Day |
Oct 22, 2020 |
| Last Price |
$85.73 |
| Previous Close |
$83.69 |
| Change ($) |
2.04 |
| Change (%) |
2.44% |
| Day's Open |
83.66 |
| Day's Range |
82.78 - 85.91 |
| Day's Volume |
1,137,519 |
| 52-Week Range |
60.05 - 105.51 |
More Stats
| Market Cap |
9.65B |
| Enterprise Value |
16.35B |
| Earnings Date (est) |
Oct 30, 2020 |
| Ex-Dividend Date |
n/a |
| Shares Outstanding |
112.56M |
| Float |
112.28M |
| EPS (basic) |
5.34 |
| EPS (diluted) |
5.31 |
| FCF / Share |
-2.35 |
| Dividend |
$3.13 |
| Dividend Yield |
3.65% |
| Earnings Yield |
6.19% |
| FCF Yield |
n/a |
| Payout Ratio |
57.80% |
| Shares Short |
2.06M |
| Short Ratio |
2.35 |
| Short % of Float |
1.83% |
| Beta |
0.29 |
| PE Ratio |
16.15 |
| Forward PE |
16.05 |
| P/FCF Ratio |
n/a |
| PS Ratio |
2.79 |
| PB Ratio |
1.66 |
| Revenue |
3.45B |
| Operating Income |
717.58M |
| Net Income |
599.84M |
| Free Cash Flow |
-264.12M |
| Net Cash |
-6.70B |
| Net Cash / Share |
-59.53 |
| Gross Margin |
43.08% |
| Operating Margin |
20.78% |
| Profit Margin |
17.40% |
| FCF Margin |
-7.65% |
| ROA |
2.53% |
| ROE |
11.29% |
| ROIC |
3.60% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Summary
Analyst Ratings (15)
| Buy |
5 |
| Overweight |
1 |
| Hold |
7 |
| Underweight |
1 |
| Sell |
1 |
Analyst Consensus: Overweight
Price Target
$86.77*
(1.21% upside)
Low
78.0
Current: $85.73
High
97.0
Target: 86.77
*Average 12-month price target from 13 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 3,471 | 3,691 | 3,565 | 3,499 | 3,495 | 3,492 | 3,455 | 3,302 | 3,241 | 3,189 |
| Revenue Growth | -5.96% | 3.53% | 1.9% | 0.09% | 0.11% | 1.07% | 4.63% | 1.86% | 1.64% | - |
| Gross Profit | 1,269 | 1,366 | 1,451 | 1,325 | 1,354 | 1,231 | 1,270 | 1,263 | 1,180 | 1,137 |
| Operating Income | 672 | 774 | 910 | 836 | 855 | 811 | 846 | 852 | 747 | 715 |
| Net Income | 538 | 511 | 488 | 442 | 437 | 398 | 406 | 382 | 339 | 350 |
| Shares Outstanding | 112 | 112 | 112 | 111 | 111 | 111 | 110 | 110 | 109 | 107 |
| Earnings Per Share | 4.77 | 4.54 | 4.35 | 3.95 | 3.92 | 3.58 | 3.66 | 3.45 | 3.09 | 3.27 |
| EPS Growth | 5.07% | 4.37% | 10.13% | 0.77% | 9.5% | -2.19% | 6.09% | 11.65% | -5.5% | - |
| Dividend Per Share | 3.00 | 2.82 | 2.66 | 2.53 | 2.41 | 2.30 | 2.20 | 2.12 | 2.10 | 2.10 |
| Dividend Growth | 6.13% | 6.09% | 5.14% | 4.98% | 4.83% | 4.36% | 3.92% | 0.95% | 0% | - |
| Operating Cash Flow | 957 | 1,277 | 1,118 | 1,010 | 1,100 | 1,124 | 1,195 | 1,171 | 1,126 | 750 |
| Capital Expenditures | -1,121 | -1,150 | -1,385 | -1,184 | -1,026 | -890 | -975 | -840 | -846 | -716 |
| Free Cash Flow | -164 | 127 | -267 | -174 | 74.52 | 234 | 219 | 331 | 279 | 34.84 |
| Cash & Equivalents | 10.28 | 5.77 | 13.89 | 8.84 | 22.06 | 4.52 | 9.53 | 26.20 | 33.58 | 110 |
| Total Debt | 5,812 | 5,215 | 4,967 | 4,157 | 3,695 | 3,413 | 3,490 | 3,414 | 3,496 | 3,694 |
| Net Cash / Debt | -5,802 | -5,209 | -4,953 | -4,148 | -3,673 | -3,408 | -3,480 | -3,388 | -3,463 | -3,584 |
| Assets | 18,479 | 17,664 | 17,019 | 15,931 | 14,982 | 14,190 | 13,509 | 13,380 | 13,111 | 12,393 |
| Liabilities | 12,926 | 12,315 | 11,883 | 10,893 | 10,167 | 9,561 | 9,168 | 9,277 | 9,180 | 8,618 |
| Book Value | 5,431 | 5,223 | 5,007 | 4,906 | 4,679 | 4,478 | 4,194 | 3,973 | 3,822 | 3,683 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
Pinnacle West Capital Corporation |
| Country |
United States |
| Employees |
6,210 |
| CEO |
Jeffrey B. Guldner |
Stock Information
| Ticker Symbol |
PNW |
| Stock Exchange |
New York Stock Exchange |
| Sector |
Utilities |
| Industry |
Utilities—Regulated Electric |
| Unique Identifier |
NYSE: PNW |
Description
Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona. The company generates, transmits, and distributes electricity using coal, nuclear, gas, oil, and solar generating facilities. Its transmission facilities consist of approximately 6,192 pole miles of overhead lines and approximately 49 miles of underground lines; and distribution facilities comprise approximately 11,191 miles of overhead lines and approximately 22,092 miles of underground primary cable. The company serves approximately 1.3 million customers. It owns or leases approximately 6,316 megawatts of regulated generation capacity. The company was incorporated in 1985 and is headquartered in Phoenix, Arizona.