Pinnacle West Capital Corporation (PNW)
Market Cap | 8.77B |
Revenue (ttm) | 4.55B |
Net Income (ttm) | 405.70M |
Shares Out | 113.31M |
EPS (ttm) | 3.57 |
PE Ratio | 21.68 |
Forward PE | 16.41 |
Dividend | $3.46 (4.47%) |
Ex-Dividend Date | Jul 31, 2023 |
Volume | 411,666 |
Open | 76.78 |
Previous Close | 77.81 |
Day's Range | 76.78 - 77.64 |
52-Week Range | 59.03 - 86.03 |
Beta | 0.47 |
Analysts | Hold |
Price Target | 76.30 (-1.43%) |
Earnings Date | Nov 2, 2023 |
About PNW
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 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, as well as owns and maintains transmission and distribution substations. The company was incorporated in 1985 and is headqua... [Read more]
Financial Performance
In 2022, PNW's revenue was $4.32 billion, an increase of 13.68% compared to the previous year's $3.80 billion. Earnings were $483.60 million, a decrease of -21.84%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for PNW stock is "Hold." The 12-month stock price forecast is $76.3, which is a decrease of -1.43% from the latest price.
News

Pinnacle West Reports Lower 2023 Second-Quarter Financial Results
PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital Corp. today reported 2023 second-quarter consolidated net income of $106.7 million, or $0.94 per diluted share of common stock.

Pinnacle West Sets Date for 2023 Second-Quarter Financial Results, Webcast/Conference Call
PHOENIX--(BUSINESS WIRE)--Pinnacle West sets date for 2023 second-quarter financial results, webcast/conference call.

Pinnacle West Declares Quarterly Dividend
PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital Corporation's (NYSE: PNW) board of directors today declared a quarterly dividend.
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Pinnacle West Reports Lower 2023 First-Quarter Financial Results
PHOENIX--(BUSINESS WIRE)--Pinnacle West reports lower first-quarter financial results; favorable weather, strong sales and customer growth help offset higher O&M costs.

Pinnacle West Sets Date for 2023 First-Quarter Financial Results, Webcast/Conference Call
PHOENIX--(BUSINESS WIRE)--Pinnacle West to release 2023 first-quarter results before U.S.

Pinnacle West Reports Lower 2022 Full-Year and Fourth-Quarter Results
PHOENIX--(BUSINESS WIRE)--Pinnacle West reports lower 2022 full-year and fourth quarter results that reflect the negative impact of the company's prior rate case.

Former NRC Chairman Kristine L. Svinicki Elected to Pinnacle West Board of Directors
PHOENIX--(BUSINESS WIRE)--Former Nuclear Regulatory Commission (NRC) Chairman Kristine L. Svinicki has been elected to Pinnacle West's board of directors.

Pinnacle West Sets Date for 2022 Fourth-Quarter and Full-Year Financial Results, Webcast/Conference Call
PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital Corp. (NYSE: PNW) announced today that it plans to release its 2022 fourth-quarter and full-year financial results before the U.S. financial markets o...

Pinnacle West Reports Lower 2022 Third-Quarter Results
PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital reports lower third-quarter results than a year ago.

Pinnacle West Sets Date for 2022 Third-quarter Financial Results, Webcast/Conference Call
PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital Corp. to release 2022 third-quarter financial results on Thursday, Nov. 3, 2022.
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Pinnacle West Reports Lower 2022 Second-Quarter Results
PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital Corp. (NYSE: PNW) today reported consolidated net income attributable to common shareholders of $164.3 million, or $1.45 per diluted share of common sto...

Pinnacle West Sets Date for 2022 Second-Quarter Financial Results, Webcast/Conference Call
PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital Corp. (NYSE: PNW) announced today that it plans to release its 2022 second-quarter financial results before the U.S. financial markets open on Wednesday...

Ameresco and Bright Canyon Energy Partner to Build Large Scale Solar and Battery Project Promoting Clean Energy and Resiliency in Hawai‘i
FRAMINGHAM, Mass. & PHOENIX & HONOLULU--(BUSINESS WIRE)-- #batteryenergystorage--Ameresco and Bright Canyon Energy partner to build large scale solar and battery project promoting clean energy and res...

APS Appoints Heflin to Lead Operations at Palo Verde Generating Station
PHOENIX--(BUSINESS WIRE)--APS announced that Adam Heflin has been named Executive Vice President & Chief Nuclear Officer at the Palo Verde Generating Station, effective June 6.

APS Adding New Clean Energy Resources to Power Historic Growth in Arizona
PHOENIX--(BUSINESS WIRE)--Arizona Public Service Co. (APS) issues a new All Source RFP and adds more than one gigawatt of clean energy.

Pinnacle West Reports 2022 First-Quarter Results
PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital Corp. today reported consolidated net income of $17.0 million, or $0.15 per share of common stock, for the 2022 first quarter.

Pinnacle West Sets Date for 2022 First-Quarter Financial Results, Webcast/Conference Call
PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital Corp. plans to release its 2022 first-quarter financial results before U.S. financial markets open on Wednesday, May 4, 2022.

Pinnacle West Adds Former Head of Arizona Hispanic Chamber of Commerce to Its Board of Directors
PHOENIX--(BUSINESS WIRE)--Gonzalo A. de la Melena Jr., Founder and CEO of Phoenix-based Emerging Airport Ventures, has been elected to the Pinnacle West board of directors.

Pinnacle West Reports 2021 Full-Year and Fourth-Quarter Results
PHOENIX--(BUSINESS WIRE)--Pinnacle West reports 2021 full-year and fourth-quarter results reflecting higher customer usage and robust customer growth.

Pinnacle West Sets Date for 2021 Fourth-Quarter and Full-Year Financial Results, Webcast/Conference Call
PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital plans to release its 2021 fourth-quarter and full-year financial results on Friday, Feb. 25, 2022.

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PHOENIX--(BUSINESS WIRE)--APS's network of more than 52,000 customers' smart thermostats works as a virtual power plant, advancing cleaner energy and smart grid reliability.