Pinnacle West Capital Stock Today
| PNW Stock | USD 72.97 1.00 1.39% |
Performance6 of 100
| Odds Of DistressLess than 35
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Pinnacle West is selling for under 72.97 as of the 19th of April 2024; that is 1.39 percent increase since the beginning of the trading day. The stock's lowest day price was 71.99. Pinnacle West has about a 35 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Pinnacle West Capital are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Utilities | IPO Date 19th of July 1984 |
Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona. Pinnacle West Capital Corporation was incorporated in 1985 and is headquartered in Phoenix, Arizona. The company has 113.56 M outstanding shares of which 3.05 M shares are at this time shorted by investors with about 1.93 days to cover. More on Pinnacle West Capital
Moving together with Pinnacle Stock
| 0.88 | D | Dominion Energy Financial Report 3rd of May 2024 | PairCorr |
| 0.69 | ES | Eversource Energy Financial Report 1st of May 2024 | PairCorr |
| 0.73 | FE | FirstEnergy Earnings Call This Week | PairCorr |
| 0.89 | SO | Southern Financial Report 25th of April 2024 | PairCorr |
| 0.61 | CMS-PB | Consumers Energy Earnings Call This Week | PairCorr |
Moving against Pinnacle Stock
| 0.75 | HE | Hawaiian Electric Buyout Trend | PairCorr |
| 0.43 | EBR | Centrais Electricas Financial Report 2nd of May 2024 | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 2nd of May 2024
Pinnacle Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Pinnacle West's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Pinnacle West or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Pinnacle West's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Pinnacle West's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO | Robert Bement | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [Plantwear S.A., Sports Entertainment Group Limited] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Electric Utilities, Utilities - Regulated Electric, Utilities, NYSE Composite, PHLX Utility, SP 500 Index, Utilities, Electric Utilities, Utilities—Regulated Electric, Utilities (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Excise Tax Activities | CoalNuclear | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Pinnacle West report their recommendations after researching Pinnacle West's financial statements, talking to executives and customers, or listening in on Pinnacle West's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Pinnacle West Capital. The Pinnacle consensus assessment is calculated by taking the average forecast from all of the analysts covering Pinnacle West. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Pinnacle West's liquidity, profitability, solvency, and operating efficiency, Pinnacle West Capital is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in May. Financial strength of Pinnacle West Capital is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Pinnacle West's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Pinnacle West's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Pinnacle West's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Pinnacle West's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Pinnacle West's financial leverage. It provides some insight into what part of Pinnacle West's total assets is financed by creditors.
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Pinnacle West Capital (PNW) is traded on New York Stock Exchange in USA. It is located in 400 North Fifth Street, Phoenix, AZ, United States, 85072-3999 and employs 6,133 people. Pinnacle West is listed under Electric Utilities category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 8.29 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Pinnacle West's market, we take the total number of its shares issued and multiply it by Pinnacle West's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Pinnacle West Capital runs under Electric Utilities sector within Utilities industry. The entity has 113.56 M outstanding shares of which 3.05 M shares are at this time shorted by investors with about 1.93 days to cover.
Pinnacle West Capital has about 4.83 M in cash with 1.21 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06.
Check Pinnacle West Probability Of Bankruptcy
Ownership AllocationPinnacle West Capital has a total of 113.56 Million outstanding shares. The majority of Pinnacle West Capital outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Pinnacle West Capital to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Pinnacle West. Please pay attention to any change in the institutional holdings of Pinnacle West Capital as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Pinnacle Ownership Details
Pinnacle Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Pinnacle West jumping above the current price in 90 days from now is about 12.68%. The Pinnacle West Capital probability density function shows the probability of Pinnacle West stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Pinnacle West has a beta of 0.88 indicating Pinnacle West Capital market returns are correlated to returns on the market. As the market goes up or down, Pinnacle West is expected to follow. Additionally, pinnacle West Capital has an alpha of 0.0321, implying that it can generate a 0.0321 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Pinnacle West to move above the current price in 90 days from now is about 12.68 (This Pinnacle West Capital probability density function shows the probability of Pinnacle Stock to fall within a particular range of prices over 90 days) .
Pinnacle Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Pinnacle West that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Pinnacle West's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Pinnacle West's value.| Instituion | Recorded On | Shares | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.4 M | |
| Goldman Sachs Group Inc | 2023-12-31 | 1.4 M | |
| First Trust Advisors L.p. | 2023-12-31 | 1.2 M | |
| Bank Of New York Mellon Corp | 2023-12-31 | 1.2 M | |
| Franklin Resources Inc | 2023-12-31 | 1.1 M | |
| Northern Trust Corp | 2023-12-31 | 1 M | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 991.4 K | |
| Envestnet Asset Management Inc | 2023-12-31 | 984 K | |
| Legal & General Group Plc | 2023-12-31 | 931.3 K | |
| Vanguard Group Inc | 2023-12-31 | 14.3 M | |
| Blackrock Inc | 2023-12-31 | 10 M |
Pinnacle West Historical Income Statement
Pinnacle West Capital Income Statement is one of the three primary financial statements used for reporting Pinnacle's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Pinnacle West Capital revenue and expense. Pinnacle West Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Pinnacle West's Interest Expense is fairly stable compared to the past year. Income Tax Expense is likely to climb to about 111.3 M in 2024, whereas Gross Profit is likely to drop slightly above 1.8 B in 2024. View More FundamentalsPinnacle Stock Against Markets
Picking the right benchmark for Pinnacle West stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Pinnacle West stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Pinnacle West is critical whether you are bullish or bearish towards Pinnacle West Capital at a given time. Please also check how Pinnacle West's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Pinnacle West without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Pinnacle West Corporate Directors
Pinnacle West corporate directors refer to members of a Pinnacle West board of directors. The board of directors generally takes responsibility for the Pinnacle West's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Pinnacle West's board members must vote for the resolution. The Pinnacle West board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Richard Fox | Independent Director | Profile | |
| Humberto Lopez | Independent Director | Profile | |
| Roy Herberger | Independent Director | Profile | |
| Michael Gallagher | Independent Director | Profile |
How to buy Pinnacle Stock?
Before investing in Pinnacle West, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Pinnacle West. To buy Pinnacle West stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Pinnacle West. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Pinnacle West stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Pinnacle West Capital stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Pinnacle West Capital stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Pinnacle West Capital, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Pinnacle Stock please use our How to Invest in Pinnacle West guide.
Already Invested in Pinnacle West Capital?
The danger of trading Pinnacle West Capital is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Pinnacle West is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Pinnacle West. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Pinnacle West Capital is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Pinnacle West Capital is a strong investment it is important to analyze Pinnacle West's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pinnacle West's future performance. For an informed investment choice regarding Pinnacle Stock, refer to the following important reports: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pinnacle West Capital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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When running Pinnacle West's price analysis, check to measure Pinnacle West's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pinnacle West is operating at the current time. Most of Pinnacle West's value examination focuses on studying past and present price action to predict the probability of Pinnacle West's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pinnacle West's price. Additionally, you may evaluate how the addition of Pinnacle West to your portfolios can decrease your overall portfolio volatility.
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Is Pinnacle West's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Pinnacle West. If investors know Pinnacle will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Pinnacle West listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.215 | Dividend Share 3.475 | Earnings Share 4.41 | Revenue Per Share 41.396 | Quarterly Revenue Growth (0.02) |
The market value of Pinnacle West Capital is measured differently than its book value, which is the value of Pinnacle that is recorded on the company's balance sheet. Investors also form their own opinion of Pinnacle West's value that differs from its market value or its book value, called intrinsic value, which is Pinnacle West's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pinnacle West's market value can be influenced by many factors that don't directly affect Pinnacle West's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Pinnacle West's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pinnacle West is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pinnacle West's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.