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PNW

PNW - Pinnacle West Capital Corp Stock Price, Fair Value and News

74.55USD+0.05 (+0.07%)Market Closed

Market Summary

PNW
USD74.55+0.05
Market Closed
0.07%

PNW Stock Price

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PNW RSI Chart

PNW Valuation

Market Cap

8.5B

Price/Earnings (Trailing)

16.29

Price/Sales (Trailing)

1.8

EV/EBITDA

13.4

Price/Free Cashflow

7

PNW Price/Sales (Trailing)

PNW Profitability

EBT Margin

0.43%

Return on Equity

8.4%

Return on Assets

2.1%

Free Cashflow Yield

14.29%

PNW Fundamentals

PNW Revenue

Revenue (TTM)

4.7B

Rev. Growth (Yr)

-1.76%

Rev. Growth (Qtr)

-39.46%

PNW Earnings

Earnings (TTM)

518.8M

Earnings Growth (Yr)

121.76%

Earnings Growth (Qtr)

-98.94%

Breaking Down PNW Revenue

Last 7 days

4.6%

Last 30 days

2.0%

Last 90 days

9.2%

Trailing 12 Months

-7.9%

How does PNW drawdown profile look like?

PNW Financial Health

Current Ratio

0.67

Debt/Equity

1.22

Debt/Cashflow

0.16

PNW Investor Care

Dividend Yield

7.01%

Dividend/Share (TTM)

5.22

Shares Dilution (1Y)

0.22%

Diluted EPS (TTM)

4.41

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20234.5B4.5B4.7B4.7B
20223.9B4.0B4.1B4.3B
20213.6B3.7B3.7B3.8B
20203.4B3.5B3.5B3.6B
20193.7B3.6B3.6B3.5B
20183.6B3.6B3.7B3.7B
20173.5B3.5B3.5B3.6B
20163.5B3.5B3.5B3.5B
20153.5B3.5B3.5B3.5B
20143.5B3.4B3.5B3.5B
20133.4B3.4B3.4B3.5B
20123.2B3.3B3.3B3.3B
20113.2B3.2B3.2B3.2B
20103.2B3.1B3.2B3.2B
200903.2B3.2B3.2B
20080003.2B
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Tracking the Latest Insider Buys and Sells of Pinnacle West Capital Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 20, 2024
heflin adam c
back to issuer
-29,643
69.1
-429
-
Feb 20, 2024
cooper andrew d
sold (taxes)
-112,218
69.1
-1,624
svp & cfo
Feb 20, 2024
geisler theodore n
acquired
-
-
5,388
-
Feb 20, 2024
geisler theodore n
gifted
-
-
4,697
-
Feb 20, 2024
tetlow jacob
acquired
-
-
1,883
-
Feb 20, 2024
cooper andrew d
acquired
-
-
530
svp & cfo
Feb 20, 2024
geisler theodore n
back to issuer
-17,344
69.1
-251
-
Feb 20, 2024
mountain paul j
acquired
-
-
475
vp, finance and treasurer
Feb 20, 2024
mountain paul j
gifted
-
-
-902
vp, finance and treasurer
Feb 20, 2024
geisler theodore n
gifted
-
-
-4,697
-

1–10 of 50

Which funds bought or sold PNW recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 23, 2024
Global Retirement Partners, LLC
reduced
-0.11
8,552
133,219
-%
Apr 23, 2024
Gradient Investments LLC
sold off
-100
-21,696
-
-%
Apr 23, 2024
REGIONS FINANCIAL CORP
reduced
-3.87
-5.00
480,963
-%
Apr 23, 2024
WESBANCO BANK INC
new
-
204,312
204,312
0.01%
Apr 23, 2024
FIFTH THIRD BANCORP
reduced
-11.42
-18,487
216,717
-%
Apr 23, 2024
WETZEL INVESTMENT ADVISORS, INC.
unchanged
-
1,267
80,267
0.05%
Apr 23, 2024
Venturi Wealth Management, LLC
sold off
-100
-9,555
-
-%
Apr 23, 2024
AMALGAMATED BANK
reduced
-8.5
-124,000
2,444,000
0.02%
Apr 23, 2024
SEVEN GRAND MANAGERS, LLC
new
-
3,736,500
3,736,500
1.83%
Apr 23, 2024
WEDGE CAPITAL MANAGEMENT L L P/NC
added
15.53
2,220,710
13,224,400
0.21%

1–10 of 50

Are Funds Buying or Selling PNW?

Are funds buying PNW calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own PNW
No. of Funds

Unveiling Pinnacle West Capital Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Mar 08, 2024
capital research global investors
11.2%
12,719,348
SC 13G/A
Feb 15, 2024
lazard asset management llc
3.43%
3,890,947
SC 13G/A
Feb 13, 2024
barrow hanley mewhinney & strauss llc
12.%
5,721,114
SC 13G
Feb 13, 2024
vanguard group inc
12.60%
14,282,050
SC 13G/A
Feb 09, 2024
capital research global investors
5.7%
6,507,809
SC 13G
Jan 29, 2024
state street corp
6.02%
6,818,811
SC 13G/A
Jan 25, 2024
blackrock inc.
8.9%
10,042,715
SC 13G/A
Mar 08, 2023
lazard asset management llc
6.24%
7,065,285
SC 13G/A
Feb 10, 2023
state street corp
6.58%
7,444,711
SC 13G/A
Feb 09, 2023
vanguard group inc
12.57%
14,225,294
SC 13G/A

Recent SEC filings of Pinnacle West Capital Corp

View All Filings
Date Filed Form Type Document
Apr 08, 2024
8-K
Current Report
Apr 04, 2024
DEF 14A
DEF 14A
Apr 04, 2024
DEFA14A
DEFA14A
Mar 20, 2024
4/A
Insider Trading
Mar 20, 2024
8-K
Current Report
Mar 08, 2024
SC 13G/A
Major Ownership Report
Mar 04, 2024
8-K
Current Report
Mar 04, 2024
8-K
Current Report
Mar 01, 2024
424B5
Prospectus Filed
Feb 29, 2024
8-K
Current Report

Peers (Alternatives to Pinnacle West Capital Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
44.4B
19.0B
3.12% -9.23%
20.06
2.34
-3.35% -4.03%
23.3B
4.2B
1.79% -20.89%
24.73
5.51
11.66% 15.12%
19.7B
7.5B
3.24% -18.43%
17.03
2.63
-5.74% 7.23%
17.7B
3.9B
0.92% 1.22%
19.18
4.49
-15.47% 16.09%
14.9B
28.8B
6.42% 104.23%
-73.61
0.52
-8.62% -116.54%
14.3B
8.3B
2.96% -10.05%
18.14
1.72
4.87% -10.78%
12.2B
12.7B
5.42% -28.09%
60.95
0.96
0.40% 141.39%
2.3B
670.6M
0.69% -17.52%
26.95
3.5
-1.48% -2.88%
MID-CAP
8.5B
4.7B
2.04% -7.93%
16.29
1.8
8.59% 3.59%
3.4B
1.9B
2.22% -6.21%
13.93
1.83
19.68% 30.53%
2.8B
1.7B
5.58% -20.45%
16.25
1.6
2.36% 10.31%
SMALL-CAP
392.1M
180.2M
-13.82% 45.00%
13.18
2.18
91.50% 388.02%
150.2M
2.0M
-14.50% -47.79%
-4.78
74.74
33.96% -26.84%
34.9M
436.8M
-0.82% -0.09%
2.33
0.08
-5.23% 97.61%
9.4M
-
6.09% -19.21%
-12.58
12.3
-88.45% 83.25%

Pinnacle West Capital Corp News

Latest updates
MarketBeat • 12 hours ago
Yahoo Movies Canada • 21 Apr 2024 • 03:16 am
Zacks Investment Research • 18 Apr 2024 • 12:32 pm
Business Wire • 17 Apr 2024 • 09:01 pm
CNN • 06 Mar 2024 • 05:01 am

Pinnacle West Capital Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-39.5%9921,6381,1229451,0091,4701,0627847991,3081,0006967411,2559306626701,191870741756
Costs and Expenses-18.2%9171,1219388949731,052839729749879722649710799668622658787673680689
EBITDA Margin3.0%0.26*0.25*0.25*0.25*0.25*0.26*0.26*0.26*0.26*0.25*0.26*0.26*---------
Interest Expenses-1.4%87.0088.0082.0075.0069.0063.0062.0061.0060.0059.0058.0057.0059.0057.0058.0055.0056.0054.0053.0054.0056.00
Income Taxes-95.1%3.0057.0016.001.00-8.7553.0027.004.00-3.9972.0047.00-4.35-19.9177.0041.00-20.21-88.5453.0017.002.007.00
Earnings Before Taxes--------------65242824015.00-37016625.00-
EBT Margin0.4%0.00*0.00*0.00*0.00*0.00*0.00*0.01*0.01*0.01*0.01*0.01*0.01*---------
Net Income-98.9%4.004031111.00-19.6933116921.0032.0034421941.00-14.5235119835.0069.0031714923.0031.00
Net Income Margin5.2%0.11*0.10*0.09*0.11*0.12*0.13*0.14*0.16*0.17*0.16*0.16*0.16*---------
Free Cashflow-5.7%374396226212210444248341200348110202194403185------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets0.9%24,66124,43423,97923,58022,72322,84522,50122,20122,00321,53621,06220,18520,02019,75119,30718,56218,47918,37818,16617,85417,664
  Current Assets-10.9%1,9272,1621,8521,7481,7512,0171,7981,5951,5511,7091,5231,1701,1981,4551,1471,0781,0301,1331,029876925
    Cash Equivalents-67.2%5.0015.008.007.005.007.0029.0014.0010.0026.0014.0017.0060.001827.0063.0010.0030.002.006.006.00
  Net PPE1.2%15,80315,62115,46914,55214,52214,47714,50014,24814,18414,02313,95813,75913,72813,45313,43813,14713,19813,12613,15912,36512,371
  Current Liabilities46.8%2,8891,9681,9331,7241,7622,0612,0221,5971,7571,6492,0231,3311,3601,2451,4962,2952,0781,5871,9011,5911,649
  Short Term Borrowings43.8%61042430549834146754126329212550521516958.0029256311557.0043224476.00
  Long Term Debt-7.6%7,5418,1648,1647,9177,7417,3447,2417,2276,9146,7636,3166,4656,3146,3165,9224,8334,8334,9854,8874,8864,638
    LT Debt, Current-100.0%-250250------------------
    LT Debt, Non Current-7.6%7,5418,1648,1647,9177,7417,3447,2417,2276,9146,7636,3166,4656,3146,3165,9224,8334,8334,9854,8874,8864,638
Shareholder's Equity-3.1%6,1786,3756,0766,1646,0496,3626,0226,0506,0216,1865,8355,8075,7535,9675,6105,5975,5535,6825,3575,3825,349
  Retained Earnings-5.4%3,4663,6663,2683,3573,3603,5803,2543,2823,2653,4293,0893,0613,0253,2312,8852,8682,8382,9502,6382,6592,641
  Additional Paid-In Capital0%3,3223,3223,3223,3223,1723,1723,1723,1723,0222,8722,8722,8722,8722,7222,7222,7222,7222,7222,7222,7222,722
Accumulated Depreciation1.1%8,4088,3198,1998,0737,9307,7997,6687,5977,5057,3687,2797,1907,1107,0006,9056,7846,6386,5526,4716,3996,366
Shares Outstanding0.0%113113113113113113113113113113113113---------
Minority Interest-5.6%107114109116111118113120115122117124119126121127123129124131126
Float---9,215---8,248---9,025---8,232-10,536----
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-5.7%373,798396,286226,008211,605209,527443,628247,678340,608199,501348,163110,338202,012194,346402,987185,404183,628121,965488,827172,502173,432317,381
  Share Based Compensation-0.8%5,0375,0793,5903,6353,1184,9522,5345,3381,7523,2242,14711,3376,1732,9892,8486,2821,8902,7611,65112,0743,407
Cashflow From Investing-30.2%-458,345-352,133-430,532-453,239-396,151-427,645-419,909-374,341-424,617-312,744-301,499-348,069-322,315-302,982-311,361-341,160-298,964-304,375-273,125-254,513-279,508
Cashflow From Financing302.7%74,394-36,703205,231243,753184,424-38,140187,45237,732209,397-23,877188,105103,2916,01175,15869,581210,388157,430-156,24896,16281,424-97,098
  Dividend Payments1.9%98,03096,22196,15796,07896,04394,29694,27794,26594,14991,82991,77991,72191,65386,35886,30986,25786,52781,13781,08280,89780,855
  Buy Backs----------653562-738-555-524-1,680-2,230293-2,653-

PNW Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]   
OPERATING REVENUES (Note 2)$ 4,695,991$ 4,324,385$ 3,803,835
OPERATING EXPENSES   
Fuel and purchased power1,792,6571,629,3431,152,551
Operations and maintenance1,058,725987,072954,067
Depreciation and amortization794,043753,195650,875
Taxes other than income taxes224,013220,370234,639
Other expenses1,9132,4946,393
Total3,871,3513,592,4742,998,525
OPERATING INCOME824,640731,911805,310
OTHER INCOME (DEDUCTIONS)   
Allowance for equity funds used during construction (Note 1)53,11845,26341,737
Pension and other postretirement non-service credits, net (Note 7)40,64898,487112,541
Other income (Note 16)33,6667,91645,100
Other expense (Note 16)(25,056)(52,385)(25,396)
Total102,37699,281173,982
INTEREST EXPENSE   
Interest charges374,887283,569254,314
Allowance for borrowed funds used during construction (Note 1)(43,564)(28,030)(21,052)
Total331,323255,539233,262
INCOME BEFORE INCOME TAXES595,693575,653746,030
INCOME TAXES (Note 4)76,91274,827110,086
NET INCOME518,781500,826635,944
Less: Net income attributable to noncontrolling interests (Note 17)17,22417,22417,224
NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS$ 501,557$ 483,602$ 618,720
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING — BASIC (in shares)113,442113,196112,910
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING — DILUTED (in shares)113,804113,416113,192
EARNINGS PER WEIGHTED-AVERAGE COMMON SHARE OUTSTANDING   
Net income attributable to common shareholders - basic (in dollars per share)$ 4.42$ 4.27$ 5.48
Net income attributable to common shareholders — diluted (in dollars per share)$ 4.41$ 4.26$ 5.47

PNW Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
CURRENT ASSETS  
Cash and cash equivalents$ 4,955$ 4,832
Customer and other receivables513,892453,209
Accrued unbilled revenues167,553164,764
Allowance for doubtful accounts (Note 2)(22,433)(23,778)
Materials and supplies (at average cost)444,344410,481
Fossil fuel (at average cost)49,20340,155
Income tax receivable (Note 4)33214,086
Assets from risk management activities (Note 15)6,80887,835
Assets held for sale (Note 20)35,1390
Deferred fuel and purchased power regulatory asset (Note 3)463,195460,561
Other regulatory assets (Note 3)162,56278,318
Other current assets101,41760,091
Total current assets1,926,9671,750,554
INVESTMENTS AND OTHER ASSETS  
Nuclear decommissioning trusts (Notes 12 and 18)1,201,2461,073,410
Other special use funds (Notes 12 and 18)362,781347,231
Assets from risk management activities (Note 15)044,394
Other assets102,845125,672
Total investments and other assets1,666,8721,590,707
PROPERTY, PLANT AND EQUIPMENT (Notes 1, 6 and 9)  
Plant in service and held for future use24,211,16722,452,146
Accumulated depreciation and amortization(8,408,040)(7,929,878)
Net15,803,12714,522,268
Construction work in progress1,724,0041,882,791
Palo Verde sale leaseback, net of accumulated depreciation of $264,624 and $260,754 (Note 17)86,42690,296
Intangible assets, net of accumulated amortization of $885,505 and $817,961267,110258,880
Nuclear fuel, net of accumulated amortization of $118,074 and $126,15799,490100,119
Total property, plant and equipment17,980,15716,854,354
DEFERRED DEBITS  
Regulatory assets (Notes 1, 3, 4 and 7)1,390,2791,283,221
Operating lease right-of-use assets (Note 8)1,309,975801,688
Assets for pension and other postretirement benefits (Note 7)323,438396,599
Other63,46546,282
Total deferred debits3,087,1572,527,790
TOTAL ASSETS24,661,15322,723,405
CURRENT LIABILITIES  
Accounts payable442,455430,425
Accrued taxes166,833164,440
Accrued interest72,91661,217
Common dividends payable99,81397,895
Short-term borrowings (Note 5)609,500340,720
Current maturities of long-term debt (Note 6)875,00050,685
Customer deposits42,03741,769
Liabilities from risk management activities (Note 15)80,91337,697
Liabilities for asset retirements (Note 11)28,55012,232
Operating lease liabilities (Note 8)67,883105,210
Regulatory liabilities (Note 3)209,923271,575
Other current liabilities193,524148,276
Total current liabilities2,889,3471,762,141
LONG-TERM DEBT LESS CURRENT MATURITIES (Note 6)7,540,6227,741,286
DEFERRED CREDITS AND OTHER  
Deferred income taxes (Note 4)2,416,4802,384,421
Regulatory liabilities (Notes 1, 3, 4 and 7)1,965,8652,061,776
Liabilities for asset retirements (Note 11)937,451785,530
Liabilities for pension benefits (Note 7)112,702116,286
Liabilities from risk management activities (Note 15)42,9754,749
Customer advances533,580422,103
Coal mine reclamation184,007179,255
Deferred investment tax credit257,743180,677
Unrecognized tax benefits (Note 4)33,86138,658
Operating lease liabilities (Note 8)1,210,189639,247
Other251,469247,400
Total deferred credits and other7,946,3227,060,102
COMMITMENTS AND CONTINGENCIES (Note 10)
EQUITY  
Common stock, no par value; authorized 150,000,000 shares, 113,537,689 and 113,247,189 issued at respective dates2,752,6762,724,740
Treasury stock at cost; 113,272 and 73,613 shares at respective dates(8,185)(5,005)
Total common stock2,744,4912,719,735
Retained earnings3,466,3173,360,347
Accumulated other comprehensive loss (Note 19)(33,144)(31,435)
Total shareholders’ equity6,177,6646,048,647
Noncontrolling interests (Note 17)107,198111,229
Total equity6,284,8626,159,876
TOTAL LIABILITIES AND EQUITY$ 24,661,153$ 22,723,405
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 headquartered in Phoenix, Arizona.
 CEO
 WEBSITEpinnaclewest.com
 INDUSTRYUtilities Regulated Electric
 EMPLOYEES5861

Pinnacle West Capital Corp Frequently Asked Questions


What is the ticker symbol for Pinnacle West Capital Corp? What does PNW stand for in stocks?

PNW is the stock ticker symbol of Pinnacle West Capital Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Pinnacle West Capital Corp (PNW)?

As of Tue Apr 23 2024, market cap of Pinnacle West Capital Corp is 8.45 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PNW stock?

You can check PNW's fair value in chart for subscribers.

What is the fair value of PNW stock?

You can check PNW's fair value in chart for subscribers. The fair value of Pinnacle West Capital Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Pinnacle West Capital Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PNW so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Pinnacle West Capital Corp a good stock to buy?

The fair value guage provides a quick view whether PNW is over valued or under valued. Whether Pinnacle West Capital Corp is cheap or expensive depends on the assumptions which impact Pinnacle West Capital Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PNW.

What is Pinnacle West Capital Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, PNW's PE ratio (Price to Earnings) is 16.29 and Price to Sales (PS) ratio is 1.8. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PNW PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Pinnacle West Capital Corp's stock?

In the past 10 years, Pinnacle West Capital Corp has provided 0.062 (multiply by 100 for percentage) rate of return.