Pinnacle West Capital (PNW)
(Delayed Data from NYSE)
$87.02 USD
+0.61 (0.71%)
Updated Aug 28, 2024 04:00 PM ET
After-Market: $87.02 0.00 (0.00%) 7:36 PM ET
3-Hold of 5 3
B Value D Growth B Momentum C VGM
Company Summary
Phoenix, AZ-based Pinnacle West Capital Corporation was incorporated in 1985. The company provides electricity services (wholesale or retail) in the state of Arizona through its subsidiaries. The company is involved in the generation, transmission and distribution of electricity from coal, nuclear, gas, oil and solar.
The company’s only reportable segment is Regulated Electricity. The company derives 100% of its earnings from this segment. The Regulated Electricity segment consists of traditional regulated retail and wholesale electricity businesses and related activities. It includes electricity generation, transmission and distribution.
Through its wholly owned subsidiary, Arizona Public Service Company (APS), ...
Company Summary
The company’s only reportable segment is Regulated Electricity. The company derives 100% of its earnings from this segment. The Regulated Electricity segment consists of traditional regulated retail and wholesale electricity businesses and related activities. It includes electricity generation, transmission and distribution.
Through its wholly owned subsidiary, Arizona Public Service Company (APS), Pinnacle West transmits and distributes electricity to roughly 1.4 million residential, commercial and industrial customers. Excluding half of the Phoenix metropolitan area, the Tucson metropolitan area and Mohave County in northwestern Arizona, APS provides electric service to most of the counties in Arizona.
The company derives the majority of its revenues from APS. Pinnacle West’s generation capacity owned or leased roughly 6,491 megawatts (MW) of regulated generation and maintained a mix of both long-term and short-term power purchase agreements including purchase of renewable energy.
The company obtains power through its various generation stations and through purchased power agreements. Resource planning is an important function necessary to meet Arizona’s future energy needs. In 2023, major energy sources supplied by the company were Gas (27%), followed by Nuclear (22%) and Coal (15%). Also, Renewables, Purchased Power and Demand Side Management contributed 13%, 8% and 15%, respectively, to the company’s total power supplied.
Other subsidiaries of Pinnacle West are El Dorado Investment Company (El Dorado) and Bright Canyon Energy Corporation (BCE).
In 2023, residential and non-residential customers contributed 48.7% and 43.6%, respectively, to total revenues. The remaining revenues came from Wholesale Energy Sales, Transmission Services for Others and Other Sources.
General Information
Pinnacle West Capital Corporation
400 NORTH FIFTH STREET PO BOX 53999
PHOENIX, AZ 85072
Phone: 602-250-1000
Fax: 602-379-2625
Web: http://www.pinnaclewest.com
Email: investorrelations@pinnaclewest.com
Industry | Utility - Electric Power |
Sector | Utilities |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 11/7/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 3.11 |
Current Year EPS Consensus Estimate | 4.77 |
Estimated Long-Term EPS Growth Rate | 8.20 |
Exp Earnings Date | 11/7/2024 |
Price and Volume Information
Zacks Rank | ![]() |
Yesterday's Close | 86.41 |
52 Week High | 89.39 |
52 Week Low | 65.20 |
Beta | 0.50 |
20 Day Moving Average | 842,586.19 |
Target Price Consensus | 83.64 |
4 Week | 1.12 |
12 Week | 10.78 |
YTD | 20.28 |
4 Week | -2.28 |
12 Week | 4.20 |
YTD | 1.98 |
Shares Outstanding (millions) | 113.61 |
Market Capitalization (millions) | 9,817.17 |
Short Ratio | NA |
Last Split Date | NA |
Dividend Yield | 4.07% |
Annual Dividend | $3.52 |
Payout Ratio | 0.65 |
Change in Payout Ratio | -0.05 |
Last Dividend Payout / Amount | 7/31/2024 / $0.88 |
Fundamental Ratios
P/E (F1) | 18.11 |
Trailing 12 Months | 15.97 |
PEG Ratio | 2.20 |
vs. Previous Year | 87.23% |
vs. Previous Quarter | 1,073.33% |
vs. Previous Year | 16.70% |
vs. Previous Quarter | 37.54% |
Price/Book | 1.55 |
Price/Cash Flow | 5.15 |
Price / Sales | 2.01 |
6/30/24 | 9.75 |
3/31/24 | 8.29 |
12/31/23 | 8.02 |
6/30/24 | 2.48 |
3/31/24 | 2.13 |
12/31/23 | 2.08 |
6/30/24 | 0.66 |
3/31/24 | 0.58 |
12/31/23 | 0.67 |
6/30/24 | 0.48 |
3/31/24 | 0.42 |
12/31/23 | 0.50 |
6/30/24 | 12.65 |
3/31/24 | 11.09 |
12/31/23 | 10.68 |
6/30/24 | 12.65 |
3/31/24 | 11.09 |
12/31/23 | 10.68 |
6/30/24 | 14.97 |
3/31/24 | 13.15 |
12/31/23 | 12.69 |
6/30/24 | 55.60 |
3/31/24 | 55.57 |
12/31/23 | 55.42 |
6/30/24 | 5.62 |
3/31/24 | 5.73 |
12/31/23 | 5.86 |
6/30/24 | 1.28 |
3/31/24 | 1.20 |
12/31/23 | 1.20 |
6/30/24 | 56.05 |
3/31/24 | 54.44 |
12/31/23 | 54.54 |