Pinnacle West Capital Corporation (PNW)
| 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...]
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 StatementsAnalyst 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.
News
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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?
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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.
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?
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...
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.
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.
7 Best Mid-Cap Stocks to Buy Right Now
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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, ...
Pinnacle West Declares Quarterly Dividend
PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital Corp. declares quarterly dividend.
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?
Ameresco and Bright Canyon Energy Partner to Build Large Scale Solar and Battery Project Promoting Clean Energy and R...
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 resil...
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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 (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.
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?
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.
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.
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.
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.
