Pinnacle West Capital Corporation (PNW)

NYSE: PNW · IEX Real-Time Price · USD
77.41
-0.40 (-0.51%)
Sep 25, 2023, 4:01 PM EDT - Market closed
-0.51%
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]

Sector Utilities
CEO Jeffrey B. Guldner
Employees 5,861
Stock Exchange NYSE
Ticker Symbol PNW
Full Company Profile

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 Statements

Analyst 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.

Price Target
$76.3
(-1.43% downside)
Analyst Consensus: Hold
Stock Forecasts

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.

7 weeks ago - Business Wire

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.

3 months ago - Business Wire

Pinnacle West Declares Quarterly Dividend

PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital Corporation's (NYSE: PNW) board of directors today declared a quarterly dividend.

3 months ago - Business Wire

Mizuho: Utilities have underperformed this year, but earnings look promising

Anthony Crowdell, Mizuho Research Analyst, discusses the utilities sector following the Fed's latest rate decision.

Other symbols: AEECEGCMSDDTEEIXIDA
3 months ago - CNBC Television

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.

5 months ago - Business Wire

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.

6 months ago - Business Wire

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.

7 months ago - Business Wire

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.

7 months ago - Business Wire

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...

8 months ago - Business Wire

Pinnacle West Reports Lower 2022 Third-Quarter Results

PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital reports lower third-quarter results than a year ago.

11 months ago - Business Wire

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.

1 year ago - Business Wire

These 7 Utilities Are Worth A Look

Utility stocks—the “OGs of dividend payers”—have sailed through 2022.

Other symbols: ALEAVANWENWNOGESR
1 year ago - Forbes

Final Trades: Adobe, defense stocks, Pinnacle West & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols: ADBEITAVWAGY
1 year ago - CNBC Television

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

Other symbols: AMRC
1 year ago - Business Wire

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.

1 year 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.

1 year ago - Business Wire

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.

1 year ago - Business Wire

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.

1 year ago - Business Wire

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.

1 year ago - Business Wire

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.

1 year ago - Business Wire

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.

1 year ago - Business Wire

3 Utility Stocks to Power Your Portfolio

Contrary to popular belief, utility stocks can offer more than just income. There are plenty of names in the sector that are trading below their intrinsic values while also providing high levels of in...

Other symbols: ALEOGS
1 year ago - GuruFocus

APS Virtual Power Plant Benefits Customers, Smart Grid & Environment

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.

2 years ago - Business Wire