Pinnacle West Capital Corporation (PNW)

PNW price $106.15 +2.26 +2.18%

Ticker
PNW
Price
$106.15
Change
+2.26 +2.18%
Market cap ?
$12.87B
P/E ?
19.53
Forward P/E ?
22.07
Dividend yield ?
3.50%
Sector
Utilities
Industry
Regulated Electric
Stocklytics score
31
Value
25
Quality
28
Growth
40

Pinnacle West Capital Corporation (PNW), primarily operating through its Arizona Public Service Company (APS) subsidiary, delivers retail and wholesale electricity services predominantly within Arizona. The company manages the full scope of electricity provision, encompassing generation, transmission, and distribution, leveraging a diverse energy portfolio that includes coal, nuclear, natural gas, oil, and solar…

Fair value

PNW fair value Not meaningful versus price $106.15 (—).

Assumptions: 5-year discounted cash flow. Growth 0.00% (not estimated), discount 10.00%, terminal growth 2.50%. Analyst revenue or earnings growth is capped between -5% and 25%. Equity value is the present value of free cash flow minus net debt, divided by shares. A result below the trading price can still match those inputs. FMP's DCF (—) is a separate model and only a cross-check.

Financial Modeling Prep DCF cross-check: —.

Net debt is larger than the discounted cash flows.

Compare PNW

Earnings

DateEPS actualEPS estimateRevenueRevenue estimate
2026-11-03—3.31—1.90B
2026-08-041.431.461.46B1.40B
2026-05-040.27-0.031.15B1.08B
2026-02-250.130.051.13B1.17B
2025-11-033.393.041.82B1.17B
2025-08-061.581.581.36B1.78B
2025-05-01-0.040.051.03B1.34B
2025-02-25-0.06-0.311.10B1.05B
2024-11-063.373.491.77B1.70B
2024-08-011.761.251.31B1.21B
2024-05-020.150.01951.71M974.96M
2024-02-27-0.00-0.13991.57M1.12B
2023-11-023.503.411.64B1.54B
2023-08-030.941.191.12B1.09B
2023-05-04-0.03-0.01944.96M790.89M
2023-02-27-0.21-0.181.01B638.28M
2022-11-032.882.601.47B1.31B
2022-08-031.451.321.06B974.59M
2022-05-040.150.06783.53M692.73M
2022-02-250.240.06798.86M659.68M
2021-11-053.002.791.31B658.85M
2021-08-051.911.651.00B948.29M
2021-05-050.320.25696.48M716.31M
2021-02-24-0.17-0.03740.96M4.17B
2020-10-303.072.851.25B1.16B
2020-08-061.711.47929.59M799.12M
2020-05-080.270.15661.93M511.96M
2020-02-210.570.46670.39M541.02M
2019-11-072.773.001.19B1.29B
2019-08-081.281.42869.50M964.60M
2019-05-010.160.16740.53M740.53M
2019-02-220.230.18756.38M591.95M
2018-11-082.802.721.27B1.23B
2018-08-031.481.48974.12M974.20M
2018-05-020.030.07692.71M1.62B
2018-02-230.190.12759.66M479.81M
2017-11-032.462.321.18B1.12B
2017-08-031.491.17944.59M741.65M
2017-05-020.210.16677.73M516.34M
2017-02-240.470.47739.20M739.20M

Dividends

Yield 3.43%. Payout ratio 67.39%. Frequency Quarterly.

Dividend safety is 82/100 (Safe). The score adds four parts worth 25 points each: Payout ratio is 67% of earnings.; Dividends use a moderate share of free cash flow.; Dividends were paid in 38 separate years.; Yield is 3.4%, in a range that is usually sustainable.

Ex-dateDividendRecordPaymentFrequency
2026-08-03$0.912026-08-032026-09-01Quarterly
2026-05-04$0.912026-05-042026-06-01Quarterly
2026-02-02$0.912026-02-022026-03-02Quarterly
2025-11-03$0.912025-11-032025-12-01Quarterly
2025-08-01$0.902025-08-012025-09-02Quarterly
2025-05-05$0.902025-05-052025-06-02Quarterly
2025-02-03$0.902025-02-032025-03-03Quarterly
2024-11-04$0.902024-11-042024-12-02Quarterly
2024-08-01$0.882024-08-012024-09-03Quarterly
2024-04-30$0.882024-05-012024-06-03Quarterly
2024-01-31$0.882024-02-012024-03-01Quarterly
2023-10-31$0.882023-11-012023-12-01Quarterly
2023-07-31$0.862023-08-012023-09-01Quarterly
2023-04-28$0.862023-05-012023-06-01Quarterly
2023-01-31$0.862023-02-012023-03-01Quarterly
2022-10-31$0.862022-11-012022-12-01Quarterly
2022-07-29$0.852022-08-012022-09-01Quarterly
2022-04-29$0.852022-05-022022-06-01Quarterly
2022-01-31$0.852022-02-012022-03-01Quarterly
2021-11-15$0.852021-11-162021-12-01Quarterly
2021-07-30$0.832021-08-022021-09-01Quarterly
2021-04-30$0.832021-05-032021-06-01Quarterly
2021-01-29$0.832021-02-012021-03-01Quarterly
2020-10-30$0.832020-11-022020-12-01Quarterly
2020-07-31$0.782020-08-032020-09-01Quarterly
2020-05-01$0.782020-05-042020-06-01Quarterly
2020-01-31$0.782020-02-032020-03-02Quarterly
2019-11-01$0.782019-11-042019-12-02Quarterly
2019-07-31$0.742019-08-012019-09-03Quarterly
2019-04-30$0.742019-05-012019-06-03Quarterly
2019-01-31$0.742019-02-012019-03-01Quarterly
2018-10-31$0.742018-11-012018-12-03Quarterly
2018-07-31$0.692018-08-012018-09-04Quarterly
2018-04-30$0.692018-05-012018-06-01Quarterly
2018-01-31$0.692018-02-012018-03-01Quarterly
2017-10-31$0.692017-11-012017-12-01Quarterly
2017-07-28$0.662017-08-012017-09-01Quarterly
2017-04-27$0.662017-05-012017-06-01Quarterly
2017-01-30$0.662017-02-012017-03-01Quarterly
2016-10-28$0.662016-11-012016-12-01Quarterly
2016-07-28$0.622016-08-012016-09-01Quarterly
2016-04-28$0.622016-05-022016-06-01Quarterly
2016-01-28$0.622016-02-012016-03-01Quarterly
2015-10-29$0.622015-11-022015-12-01Quarterly
2015-07-30$0.592015-08-032015-09-01Quarterly
2015-04-30$0.592015-05-042015-06-01Quarterly
2015-01-29$0.592015-02-022015-03-02Quarterly
2014-10-30$0.592014-11-032014-12-01Quarterly
2014-07-30$0.572014-08-012014-09-02Quarterly
2014-05-01$0.572014-05-052014-06-02Quarterly
2014-01-30$0.572014-02-032014-03-03Quarterly
2013-10-31$0.572013-11-042013-12-02Quarterly
2013-07-30$0.552013-08-012013-09-03Quarterly
2013-04-29$0.552013-05-012013-06-03Quarterly
2013-01-30$0.552013-02-012013-03-01Quarterly
2012-10-31$0.552012-11-012012-12-03Quarterly
2012-07-30$0.532012-08-012012-09-04Quarterly
2012-04-27$0.532012-05-012012-06-01Quarterly
2012-01-30$0.532012-02-012012-03-01Quarterly
2011-10-28$0.532011-11-012011-12-01Quarterly
2011-07-28$0.532011-08-012011-09-01Quarterly
2011-04-28$0.532011-05-022011-06-01Quarterly
2011-01-28$0.532011-02-012011-03-01Quarterly
2010-10-28$0.532010-11-012010-12-01Quarterly
2010-07-29$0.532010-08-022010-09-01Quarterly
2010-04-29$0.532010-05-032010-06-01Quarterly
2010-01-28$0.532010-02-012010-03-01Quarterly
2009-10-29$0.532009-11-022009-12-01Quarterly
2009-07-30$0.532009-08-032009-09-01Quarterly
2009-04-29$0.532009-05-012009-06-01Quarterly
2009-01-29$0.532009-02-022009-03-02Quarterly
2008-10-30$0.532008-11-032008-12-01Quarterly
2008-07-30$0.532008-08-012008-09-02Quarterly
2008-04-29$0.532008-05-012008-06-02Quarterly
2008-01-30$0.532008-02-012008-03-03Quarterly
2007-10-30$0.532007-11-012007-12-03Quarterly
2007-07-30$0.532007-08-012007-09-04Quarterly
2007-04-27$0.532007-05-012007-06-01Quarterly
2007-01-30$0.532007-02-012007-03-01Quarterly
2006-10-30$0.532006-11-012006-12-01Quarterly

Insider trades

DateInsiderActionSharesPriceValue
2026-08-10Blankenship Elizabeth ASell980$99.1797.18K
2026-08-07Esparza Jose Luis JrSell1.80K$102.01183.62K
2026-05-14EICHER CAROL SBuy1.67K——
2026-05-14Butler Ronald JrBuy1.67K——
2026-05-14de la Melena Gonzalo A JrBuy1.67K——
2026-05-14Flanagan Susan T.Buy1.67K——
2026-05-14TREVATHAN JAMES E JRBuy1.67K——
2026-05-14Sims Paula JBuy1.67K$99.77166.12K
2026-05-14SPENCE WILLIAM HBuy1.67K$99.77166.12K
2026-05-14Svinicki Kristine LBuy1.67K——
2026-05-14BRYAN GLYNISBuy1.67K——
2026-05-13Tetlow JacobSell6.53K$99.00646.07K
2026-05-13Tetlow JacobSell41$99.014.06K
2026-03-18Blankenship Elizabeth ABuy3.10K——
2026-03-18Blankenship Elizabeth ASell373$100.9237.64K
2026-03-18Blankenship Elizabeth ASell733$100.9273.97K
2026-03-18Tetlow JacobBuy20.88K——
2026-03-18Tetlow JacobSell2.49K$100.92251.29K
2026-03-18Tetlow JacobSell7.88K$100.92795.25K
2026-03-18Heflin Adam CBuy22.16K——
2026-03-18Heflin Adam CSell2.64K$100.92266.63K
2026-03-18Heflin Adam CSell8.36K$100.92844.09K
2026-03-18Geisler Theodore NBuy12.44K——
2026-03-18Geisler Theodore NBuy24.29K——
2026-03-18Geisler Theodore NSell2.90K$100.92292.37K
2026-03-18Geisler Theodore NSell8.95K$100.92903.64K
2026-03-18Geisler Theodore NSell12.44K——
2026-03-18Esparza Jose Luis JrBuy3.71K——
2026-03-18Esparza Jose Luis JrSell443$100.9244.71K
2026-03-18Esparza Jose Luis JrSell1.40K$100.92141.49K
2026-03-18Cooper Andrew DBuy18.18K——
2026-03-18Cooper Andrew DSell2.16K$100.92217.99K
2026-03-18Cooper Andrew DSell6.70K$100.92676.57K
2026-03-18Baum Shirley ABuy2.78K——
2026-03-18Baum Shirley ASell327$100.9233.00K
2026-03-18Baum Shirley ASell1.05K$100.92106.17K
2026-02-20Tetlow JacobSell1.39K——
2026-02-20Tetlow JacobBuy1.39K——
2026-02-20Tetlow JacobSell54$98.345.31K
2026-02-20Tetlow JacobSell1.53K——
2026-02-20Tetlow JacobSell573$98.3456.35K
2026-02-20Tetlow JacobBuy1.53K——
2026-02-20Tetlow JacobSell120$98.3411.80K
2026-02-20Tetlow JacobSell605$98.3459.50K
2026-02-20Tetlow JacobBuy1.41K——
2026-02-20Tetlow JacobSell168$98.3416.52K
2026-02-20Tetlow JacobSell1.41K——
2026-02-20Tetlow JacobSell532$98.3452.32K
2026-02-20Tetlow JacobBuy781——
2026-02-20Tetlow JacobSell127$98.3412.49K
2026-02-20Tetlow JacobSell294$98.3428.91K
2026-02-20Tetlow JacobSell781——
2026-02-20Heflin Adam CBuy1.22K——
2026-02-20Heflin Adam CSell47$98.344.62K
2026-02-20Heflin Adam CSell326$98.3432.06K
2026-02-20Heflin Adam CBuy1.53K——
2026-02-20Heflin Adam CSell120$98.3411.80K
2026-02-20Heflin Adam CSell393$98.3438.65K
2026-02-20Heflin Adam CBuy1.49K——
2026-02-20Heflin Adam CBuy3.77K——
2026-02-20Heflin Adam CSell176$98.3417.31K
2026-02-20Heflin Adam CSell367$98.3436.09K
2026-02-20Heflin Adam CSell564$98.3455.46K
2026-02-20Heflin Adam CSell892$98.3487.72K
2026-02-20Heflin Adam CBuy1.35K——
2026-02-20Heflin Adam CSell199$98.3419.57K
2026-02-20Heflin Adam CSell322$98.3431.67K
2026-02-20Heflin Adam CSell1.22K——
2026-02-20Heflin Adam CSell1.53K——
2026-02-20Heflin Adam CSell1.49K——
2026-02-20Heflin Adam CSell3.77K——
2026-02-20Geisler Theodore NBuy5.32K——
2026-02-20Geisler Theodore NSell2.46K——
2026-02-20Geisler Theodore NBuy2.46K——
2026-02-20Geisler Theodore NSell96$98.349.44K
2026-02-20Geisler Theodore NSell989$98.3497.26K
2026-02-20Geisler Theodore NSell1.74K——
2026-02-20Geisler Theodore NBuy1.74K——
2026-02-20Geisler Theodore NSell67$98.346.59K
2026-02-20Geisler Theodore NSell699$98.3468.74K
2026-02-20Geisler Theodore NSell1.94K——
2026-02-20Geisler Theodore NBuy1.94K——
2026-02-20Geisler Theodore NSell152$98.3414.95K
2026-02-20Geisler Theodore NSell750$98.3473.75K
2026-02-20Geisler Theodore NBuy1.63K——
2026-02-20Geisler Theodore NSell192$98.3418.88K
2026-02-20Geisler Theodore NBuy2.25K——
2026-02-20Geisler Theodore NSell604$98.3459.40K
2026-02-20Geisler Theodore NSell361$98.3435.50K
2026-02-20Geisler Theodore NSell1.63K——
2026-02-20Geisler Theodore NSell790$98.3477.69K
2026-02-20Geisler Theodore NSell2.25K——
2026-02-20Geisler Theodore NSell5.32K——
2026-02-20Esparza Jose Luis JrBuy521——
2026-02-20Esparza Jose Luis JrSell20$98.341.97K
2026-02-20Esparza Jose Luis JrSell215$98.3421.14K
2026-02-20Esparza Jose Luis JrBuy473——
2026-02-20Esparza Jose Luis JrSell38$98.343.74K
2026-02-20Esparza Jose Luis JrSell199$98.3419.57K
2026-02-20Esparza Jose Luis JrBuy379——

Institutional holders

Latest filed quarter: Q2 2026.

Institutions holding: 740, holders +22 vs prior quarter. Ownership 109.73%.

HolderSharesChangeChange %Value
CAPITAL RESEARCH GLOBAL INVESTORS16.49M57.25K+0.35%1.76B
BLACKROCK, INC.11.78M14.32K+0.12%1.26B
VANGUARD CAPITAL MANAGEMENT LLC7.90M95.99K+1.23%845.02M
STATE STREET CORP7.02M105.65K+1.53%750.80M
BARROW HANLEY MEWHINNEY & STRAUSS LLC6.58M-424.94K-6.07%703.60M
VANGUARD PORTFOLIO MANAGEMENT LLC5.99M-1.81K-0.03%640.58M
ATLAS INFRASTRUCTURE PARTNERS (UK) LTD.5.33M257.81K+5.08%570.55M
INVESCO LTD.4.17M-76.83K-1.81%446.56M
SOROBAN CAPITAL PARTNERS LP3.87M20.16K+0.52%414.62M
GEODE CAPITAL MANAGEMENT, LLC3.22M89.51K+2.86%344.31M
MASSACHUSETTS FINANCIAL SERVICES CO /MA/2.85M9.30K+0.33%305.34M
TWO SIGMA INVESTMENTS, LP2.52M328.81K+15.02%269.36M
MORGAN STANLEY1.91M-146.95K-7.13%204.80M
BARCLAYS PLC1.76M1.02M+136.51%188.35M
GOLDMAN SACHS GROUP INC1.60M34.49K+2.20%171.48M
WELLINGTON MANAGEMENT GROUP LLP1.46M733.07K+101.27%155.89M
AMERICAN CENTURY COMPANIES INC1.44M1.30M+877.91%154.58M
PICTET ASSET MANAGEMENT HOLDING SA1.41M-6.85K-0.48%150.92M
DIMENSIONAL FUND ADVISORS LP1.37M26.92K+2.00%146.90M
NUVEEN, LLC1.34M359.43K+36.54%143.71M
NORGES BANK1.30M1.30MNew139.63M
CHARLES SCHWAB INVESTMENT MANAGEMENT INC1.18M31.29K+2.73%126.09M
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P.1.18M1.18MNew126.09M
FMR LLC1.16M1.16MNew123.95M
BANK OF NEW YORK MELLON CORP1.10M7.41K+0.68%117.48M

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