Pinnacle West Capital (NYSE:PNW) Issues FY 2025 Earnings Guidance

Pinnacle West Capital (NYSE:PNW) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 4.400-4.600 for the period, compared to the consensus EPS estimate of 4.750. The company issued revenue guidance of -. Pinnacle West Capital also updated its FY 2024 guidance to 5.000-5.200 EPS.

Pinnacle West Capital Stock Performance

Shares of Pinnacle West Capital stock opened at $91.81 on Friday. The company has a market capitalization of $10.43 billion, a PE ratio of 17.39, a PEG ratio of 2.13 and a beta of 0.52. Pinnacle West Capital has a 12 month low of $65.20 and a 12 month high of $92.59. The company has a current ratio of 0.66, a quick ratio of 0.48 and a debt-to-equity ratio of 1.28. The stock’s fifty day simple moving average is $88.43 and its 200 day simple moving average is $82.73.

Pinnacle West Capital Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Monday, November 4th will be paid a $0.895 dividend. This is an increase from Pinnacle West Capital’s previous quarterly dividend of $0.88. The ex-dividend date is Monday, November 4th. This represents a $3.58 annualized dividend and a dividend yield of 3.90%. Pinnacle West Capital’s dividend payout ratio (DPR) is currently 67.80%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on PNW. Wells Fargo & Company lifted their price target on Pinnacle West Capital from $90.00 to $92.00 and gave the stock an “equal weight” rating in a report on Thursday. Morgan Stanley lifted their price target on Pinnacle West Capital from $78.00 to $83.00 and gave the stock an “equal weight” rating in a report on Wednesday, September 25th. StockNews.com raised Pinnacle West Capital from a “sell” rating to a “hold” rating in a report on Monday, August 5th. Finally, Jefferies Financial Group began coverage on shares of Pinnacle West Capital in a research report on Thursday, September 19th. They issued a “buy” rating and a $104.00 target price for the company. Seven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $80.96.

Pinnacle West Capital Company Profile

Pinnacle West Capital Corporation, through its subsidiary, 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 consist of overhead lines and underground primary cables.