Brokerages Set Pinnacle West Capital Corporation (NYSE:PNW) PT at $100.92

Shares of Pinnacle West Capital Corporation (NYSE:PNW) have received a consensus recommendation of “Hold” from the fifteen research firms that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, eleven have issued a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price target among brokers that have covered the stock in the last year is $100.9231.

Several analysts have recently weighed in on PNW shares. Stifel Nicolaus set a $107.00 price target on Pinnacle West Capital in a report on Thursday, February 26th. Citigroup lifted their target price on shares of Pinnacle West Capital from $100.00 to $109.00 and gave the stock a “neutral” rating in a research report on Thursday, February 26th. KeyCorp lowered shares of Pinnacle West Capital from an “overweight” rating to a “sector weight” rating in a report on Friday, December 12th. UBS Group upped their price target on shares of Pinnacle West Capital from $94.00 to $95.00 and gave the company a “neutral” rating in a research report on Wednesday, December 17th. Finally, Wells Fargo & Company raised their price target on shares of Pinnacle West Capital from $91.00 to $97.00 and gave the company an “equal weight” rating in a research note on Thursday, February 26th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of PNW. Caldwell Trust Co acquired a new position in shares of Pinnacle West Capital in the 2nd quarter worth approximately $27,000. CYBER HORNET ETFs LLC acquired a new stake in Pinnacle West Capital during the 2nd quarter worth about $27,000. Bayforest Capital Ltd bought a new position in shares of Pinnacle West Capital in the 3rd quarter worth about $29,000. Quent Capital LLC bought a new position in shares of Pinnacle West Capital in the 3rd quarter worth about $30,000. Finally, MUFG Securities EMEA plc acquired a new position in shares of Pinnacle West Capital in the 2nd quarter valued at about $32,000. 91.51% of the stock is owned by institutional investors and hedge funds.

Pinnacle West Capital Trading Down 0.1%

PNW opened at $102.64 on Wednesday. The company’s 50 day moving average is $98.58 and its 200-day moving average is $92.62. Pinnacle West Capital has a 1-year low of $85.32 and a 1-year high of $103.97. The company has a current ratio of 0.54, a quick ratio of 0.36 and a debt-to-equity ratio of 1.30. The company has a market cap of $12.41 billion, a P/E ratio of 20.28, a PEG ratio of 3.77 and a beta of 0.49.

Pinnacle West Capital (NYSE:PNW) last released its quarterly earnings data on Wednesday, February 25th. The utilities provider reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.05 by $0.08. The business had revenue of $1.13 billion during the quarter, compared to analysts’ expectations of $1.17 billion. Pinnacle West Capital had a net margin of 11.55% and a return on equity of 8.82%. The firm’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.06) EPS. Pinnacle West Capital has set its FY 2026 guidance at 4.550-4.750 EPS. Equities research analysts predict that Pinnacle West Capital will post 5.13 earnings per share for the current fiscal year.

Pinnacle West Capital Company Profile

Pinnacle West Capital Corporation is a publicly traded utility holding company headquartered in Phoenix, Arizona. Through its principal subsidiary, Arizona Public Service Company (APS), Pinnacle West generates, transmits and distributes electricity to more than one million residential, commercial and industrial customers across central and southern Arizona. The company’s regulated operations focus on delivering safe, reliable power while meeting evolving environmental standards.

The company’s diversified generation portfolio includes natural gas–fired plants, the nuclear-powered Palo Verde Generating Station—the largest nuclear facility in the United States by net output—plus growing investments in solar and battery storage projects.