Pinnacle West Capital Corporation (PNW)

Market Cap	10.36B
Revenue (ttm)	4.89B
Net Income (ttm)	618.86M
Shares Out	113.61M
EPS (ttm)	5.41
PE Ratio	16.77
Forward PE	20.73
Dividend	$3.52 (3.86%)
Ex-Dividend Date	Aug 1, 2024

Volume	514,189
Open	91.00
Previous Close	90.70
Day's Range	90.65 - 91.49
52-Week Range	65.20 - 91.49
Beta	0.52
Analysts	Buy
Price Target	77.88 (-14.56%)
Earnings Date	Oct 31, 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
• Founded: 1985
• Employees: 6,113
• Stock Exchange: NYSE
• Ticker Symbol: PNW
• Website: https://www.pinnaclewest.com

Financial Performance

In 2023, Pinnacle West Capital'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 $77.88, which is a decrease of -14.56% from the latest price.

Price Target

$77.88

(-14.56% downside)

Analyst Consensus: Buy