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

Pinnacle West Capital (NYSE:PNW) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 4.400-4.600 for the period, compared to the consensus EPS estimate of 4.530. The company issued revenue guidance of -.

Pinnacle West Capital Stock Up 0.7 %

Shares of PNW traded up $0.68 during trading hours on Tuesday, reaching $92.79. The company’s stock had a trading volume of 346,810 shares, compared to its average volume of 987,765. The company has a quick ratio of 0.54, a current ratio of 0.71 and a debt-to-equity ratio of 1.20. The firm has a market cap of $10.55 billion, a price-to-earnings ratio of 17.57, a P/E/G ratio of 3.59 and a beta of 0.57. The company has a 50 day moving average of $86.39 and a two-hundred day moving average of $88.07. Pinnacle West Capital has a 1-year low of $66.77 and a 1-year high of $95.42.

Pinnacle West Capital (NYSE:PNW) last posted its quarterly earnings results on Tuesday, February 25th. The utilities provider reported ($0.06) EPS for the quarter, beating the consensus estimate of ($0.31) by $0.25. Pinnacle West Capital had a net margin of 12.26% and a return on equity of 9.60%. As a group, research analysts predict that Pinnacle West Capital will post 5.13 EPS for the current fiscal year.

Pinnacle West Capital Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Monday, February 3rd will be paid a $0.895 dividend. The ex-dividend date of this dividend is Monday, February 3rd. This represents a $3.58 annualized dividend and a dividend yield of 3.86%. Pinnacle West Capital’s payout ratio is 67.80%.

Analysts Set New Price Targets

Several analysts have commented on PNW shares. Wells Fargo & Company boosted their target price on shares of Pinnacle West Capital from $90.00 to $92.00 and gave the stock an “equal weight” rating in a research report on Thursday, November 7th. Morgan Stanley lowered their target price on shares of Pinnacle West Capital from $82.00 to $81.00 and set an “equal weight” rating on the stock in a research report on Friday, November 22nd. Barclays downgraded Pinnacle West Capital from an “overweight” rating to an “equal weight” rating and decreased their price target for the stock from $93.00 to $91.00 in a research note on Monday, November 18th. Citigroup boosted their target price on Pinnacle West Capital from $85.00 to $95.00 and gave the stock a “neutral” rating in a report on Wednesday, December 4th. Finally, Jefferies Financial Group lowered their price target on Pinnacle West Capital from $106.00 to $104.00 and set a “buy” rating on the stock in a report on Tuesday, January 28th. Eight investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, Pinnacle West Capital presently has a consensus rating of “Hold” and a consensus target price of $85.21.

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.