Pinnacle West Capital Corporation (PNW)

NYSE: PNW · IEX Real-Time Price · USD
69.34
-0.33 (-0.47%)
Sep 27, 2022 10:42 AM EDT - Market open
-0.47%
Market Cap 7.86B
Revenue (ttm) 3.95B
Net Income (ttm) 548.65M
Shares Out 113.04M
EPS (ttm) 4.85
PE Ratio 14.33
Forward PE 16.84
Dividend $3.40 (4.89%)
Ex-Dividend Date Jul 29, 2022
Volume 120,525
Open 69.97
Previous Close 69.67
Day's Range 69.14 - 70.13
52-Week Range 62.78 - 80.51
Beta 0.31
Analysts Sell
Price Target 72.93 (+4.9%)
Earnings Date Nov 3, 2022

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 approximately 5,814 pole miles of overhead lines and approximately 74 miles of underground lines; and distribution facilities comprise approximately 11,258 miles of overhead lines and approxi... [Read more...]

Industry Electric Utilities
CEO Jeffrey Guldner
Employees 5,872
Stock Exchange NYSE
Ticker Symbol PNW
Full Company Profile

Financial Performance

In 2021, PNW's revenue was $3.80 billion, an increase of 6.05% compared to the previous year's $3.59 billion. Earnings were $618.72 million, an increase of 12.38%.

Financial Statements

Analyst Forecast

According to 23 analysts, the average rating for PNW stock is "Sell." The 12-month stock price forecast is 72.93, which is an increase of 4.94% from the latest price.

Price Target
$72.93
(4.94% upside)
Analyst Consensus: Sell
Stock Forecasts

News

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2 weeks ago - InvestorPlace

Why Is Pinnacle West (PNW) Down 0.8% Since Last Earnings Report?

Pinnacle West (PNW) reported earnings 30 days ago. What's next for the stock?

3 weeks ago - Zacks Investment Research

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Pinnacle West (PNW) Q2 Earnings & Revenues Beat Estimates

Pinnacle West Capital's (PNW) Q2 earnings surpass estimates. Pinnacle West Capital benefits from stronger-than-projected sales growth and investments that fortify its infrastructure.

1 month ago - Zacks Investment Research

Pinnacle West (PNW) Tops Q2 Earnings and Revenue Estimates

Pinnacle West (PNW) delivered earnings and revenue surprises of 11.54% and 11.33%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

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 stock...

1 month ago - Business Wire

Analysts Estimate Pinnacle West (PNW) to Report a Decline in Earnings: What to Look Out for

Pinnacle West (PNW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

What to Expect From Pinnacle West (PNW) in Q2 Earnings?

Pinnacle West Capital's (PNW) second-quarter results are likely to reflect the benefits of customer growth, partly offset by a likely increase in expenses due to inflation.

2 months ago - Zacks Investment Research

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2 months ago - InvestorPlace

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, ...

2 months ago - Business Wire

Pinnacle West Declares Quarterly Dividend

PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital Corp. declares quarterly dividend.

3 months ago - Business Wire

Why Is Pinnacle West (PNW) Up 6.6% Since Last Earnings Report?

Pinnacle West (PNW) reported earnings 30 days ago. What's next for the stock?

3 months ago - Zacks Investment Research

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3 months ago - Business Wire

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4 months ago - Business Wire

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.

4 months ago - Business Wire

Pinnacle West (PNW) Q1 Earnings & Revenues Beat Estimates

Pinnacle West Capital's (PNW) Q1 earnings surpass estimates. Pinnacle West Capital benefits from stronger-than-projected sales growth and investments that fortify its infrastructure.

4 months ago - Zacks Investment Research

Pinnacle West (PNW) Tops Q1 Earnings and Revenue Estimates

Pinnacle West (PNW) delivered earnings and revenue surprises of 200% and 9.44%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

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.

4 months ago - Business Wire

Utility Stocks' Q1 Earnings Due on May 4: ATO,NI, PNW & More

Let's focus on utility stocks ATO, NI, PNW, ES and UGI that are scheduled to release first-quarter earnings on May 4.

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4 months ago - Zacks Investment Research

What to Expect From Pinnacle West (PNW) in Q1 Earnings?

Pinnacle West Capital's (PNW) first-quarter results are likely to reflect the benefits of increased demand and customer growth, partly offset by an increase in expenses.

4 months ago - Zacks Investment Research

Earnings Preview: Pinnacle West (PNW) Q1 Earnings Expected to Decline

Pinnacle West (PNW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

4 months ago - Zacks Investment Research

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