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USUtilities

Pinnacle West Capital Corp (PNW)

US · Utilities · Utilities - Regulated Electric

$95.59+0.63%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$1.46B
Revenue YoY
+7.1%
Net profit
$178.6M
Profit YoY
-7.3%
EPS
$1.43
EPS estimate
$1.49
Net margin
12.3%

EPS came in at 1.43 against a street estimate of 1.49 — a miss of 4.0%.

Key statistics

Market cap
$11.51B
P/E
18.2
Forward P/E
17.2
P/B
1.64
Book value
$58.05
EPS (TTM)
$5.21
Dividend yield
3.82%
52-week high
$110.16
52-week low
$82.51
50-day MA
$101.29
200-day MA
$98.75
Beta
0.44

Analyst view

Analysts rate Pinnacle West Capital Corp a hold (4 buy, 12 hold, 1 sell out of 17) with an average price target of $105.85.

From the latest earnings call · 2026-08-04

CONFIDENT PNW beat Q2 EPS but guides toward guidance top-end (4.55–4.75). Record peak demand, robust C&I growth, and TSMC expansion secure long-term runway. Rate case on schedule for year-end decision. Q2 2026 TSMC expansion anchors North Phoenix corridor with 20K acres in development, 30M sq ft mixed-use, 9K residential units. Halo Vista project underway, tenants arriving H1 2027. Analysts probed sales growth sustainability and guidance refresh (management cautious), TSMC/Desert Southwest pipeline timing (details in October IRP), and rate case surprises (staff constructive, strong evidentiary record). Management deferred major updates pending IRP filing. 2026-08-04…

Full summary in the app.

Shareholding

Insiders
0.15%
Institutions
110.51%

Largest institutional holders

FundStake
Capital Research Global Investors13.61%
BlackRock Inc9.71%
Vanguard Capital Management, LLC6.44%
State Street Corp5.70%
Barrow Hanley Mewhinney & Strauss LLC5.43%
Vanguard Portfolio Management, LLC4.94%
ATLAS Infrastructure Partners (UK) Ltd4.40%
Amvescap Plc.3.51%

Recent filings & reports

DocumentDate
Reg FD disclosure · Q3 2026
PINNACLE WEST CAPITAL CORPORATION - FORM 8-K SUMMARY HEADLINE NUMBERS • No specific financial metrics provided in this filing • Document is a disclos
2026-09-04
Current report · Q3 2026
PINNACLE WEST CAPITAL CORPORATION / ARIZONA PUBLIC SERVICE COMPANY - FORM 8-K SUMMARY HEADLINE NUMBERS • Issued $100 million of 5.50% Notes due 2035
2026-08-13
Reg FD disclosure · Q3 2026
DOCUMENT SUMMARY: PINNACLE WEST CAPITAL CORPORATION HEADLINE NUMBERS • No financial results or numerical data provided in this filing – document is
2026-08-07
Quarterly report · Q2 2026
PINNACLE WEST CAPITAL CORPORATION – Q2 2026 10-Q SUMMARY HEADLINE NUMBERS • Operating Revenues (6 months): $2,605,346 thousand (up from $2,391,031 t
2026-08-04
Material agreement · Q3 2026
PINNACLE WEST CAPITAL CORPORATION - FORM 8-K SUMMARY HEADLINE NUMBERS • Company entered into Equity Distribution Agreement on August 4, 2026 • Up to
2026-08-04
Quarterly report · Q1 2026
PINNACLE WEST CAPITAL CORPORATION (PNW) - Q1 2026 SUMMARY HEADLINE NUMBERS • Operating Revenues: $1,149,597 thousand (Q1 2026) vs. $1,032,280 thousa
2026-05-04
Proxy statement · Q2 2026
PINNACLE WEST CAPITAL CORPORATION – PROXY STATEMENT SUMMARY CEO COMPENSATION & CHANGE • Theodore N. Geisler (CEO) became Chairman, President, and CE
2026-04-03
Annual report FY2025
PINNACLE WEST CAPITAL CORPORATION – 10-K SUMMARY FOR RETAIL INVESTORS HEADLINE NUMBERS • Consolidated assets: approximately $30 billion • Market val
2026-02-25

Readable in the app.

Corporate actions

ActionDetailDate
Dividend$0.91 / share
ex-date Aug 3, 2026 · pay Sep 1, 2026
2026-08-03
Dividend$0.91 / share
ex-date May 4, 2026 · pay Jun 1, 2026
2026-05-04
Dividend$0.91 / share
ex-date Feb 2, 2026 · pay Mar 2, 2026
2026-02-02
Dividend$0.91 / share
ex-date Nov 3, 2025 · pay Dec 1, 2025
2025-11-03

Deals & corporate news

AnnouncementDate
Financial results for 2025 and earnings outlook for 2026 provided
Pinnacle West Capital Corporation released its financial results for Q4 and full year 2025 on February 25, 2026, along with its 2026 earnings outlook. The company held an earnings conference
2026-02-25

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Data updated 2026-09-18.