Pinnacle West Capital Corporation (PNW)Utilities | Utilities - Regulated Electric | Phoenix, United States | NYSE
103.44 USD
+1.04
(1.016%)
⇧
(June 12, 2026, 4 p.m.
EDT)
After hours: 103.44 |
Hot Take ↕ | June 7, 2026, 4:09 a.m. EDT
Pinnacle West delivers a reliable income stream backed by a consistent dividend increase and a positive nine-year price trajectory, making it a suitable defensive holding. However, the balance sheet carries significant leverage and negative free cash flow, which constrains the ability to fund aggressive growth or withstand severe stress. While the stock trades above its long-term averages, the statistical forecast remains neutral, and options activity shows a split between hedging near-term volatility and betting on long-term appreciation. Investors should view this as a steady yield play rather than a high-growth opportunity. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.016596 |
| AutoETS | 0.017039 |
| AutoARIMA | 0.017070 |
| MSTL | 0.017404 |
| MSTL_115 | 0.023047 |
| MSTL_79 | 0.031073 |
| MSTL_79_115 | 0.037931 |
Forecast horizon: 60 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 55% |
| H-stat | 0.71 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.170 |
| Excess Kurtosis | -0.94 |
| Attribute | Value |
|---|---|
| Sector | Utilities |
| Ex Dividend Date | 2026-05-03 |
| Last Dividend Date | 2026-05-03 |
| Debt to Equity Ratio | 212.957 |
| Revenue per Share | 45.428 |
| Market Cap | 12,535,601,152 |
| Trailing P/E | 19.30 |
| Forward P/E | 18.58 |
| Beta | 0.44 |
| Profit Margins | 11.99% |
| Website | https://www.pinnaclewest.com |
As of June 7, 2026, 4:09 a.m. EDT: Speculators are positioning for moderate upside with heavy October 2026 call open interest and notable volume at the 115 strike, suggesting a bullish bias for the back half of the year. However, significant put open interest in July and October indicates active hedging against downside volatility, with implied volatility pricing higher protection on the downside side.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.89% | 3.89% | 4.21% | 4.41% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-05-04 | 0.910 | 0.893734 |
| 2026-02-02 | 0.910 | 0.992366 |
| 2025-11-03 | 0.910 | 1.017328 |
| 2025-08-01 | 0.895 | 0.986987 |
| 2025-05-05 | 0.895 | 0.953040 |
| 2025-02-03 | 0.895 | 1.030868 |
| 2024-11-04 | 0.895 | 1.044219 |
| 2024-08-01 | 0.880 | 0.999205 |
| 2024-04-30 | 0.880 | 1.194840 |
| 2024-01-31 | 0.880 | 1.277213 |
| 2023-10-31 | 0.880 | 1.186304 |
| 2023-07-31 | 0.865 | 1.044434 |
| 2023-04-28 | 0.865 | 1.102473 |
| 2023-01-31 | 0.865 | 1.160295 |
| 2022-10-31 | 0.865 | 1.287011 |
| 2022-07-29 | 0.850 | 1.156935 |
| 2022-04-29 | 0.850 | 1.193820 |
| 2022-01-31 | 0.850 | 1.221089 |
| 2021-11-15 | 0.850 | 1.289442 |
| 2021-07-30 | 0.830 | 0.993417 |
| 2021-04-30 | 0.830 | 0.980508 |
| 2021-01-29 | 0.830 | 1.102990 |
| 2020-10-30 | 0.830 | 1.017531 |
| 2020-07-31 | 0.783 | 0.942465 |
| 2020-05-01 | 0.783 | 1.056395 |
| 2020-01-31 | 0.783 | 0.801515 |
| 2019-11-01 | 0.783 | 0.837523 |
| 2019-07-31 | 0.738 | 0.809033 |
| 2019-04-30 | 0.738 | 0.774641 |
| 2019-01-31 | 0.738 | 0.837494 |
| 2018-10-31 | 0.738 | 0.897264 |
| 2018-07-31 | 0.695 | 0.864105 |
| 2018-04-30 | 0.695 | 0.863354 |
| 2018-01-31 | 0.695 | 0.869293 |
| 2017-10-31 | 0.695 | 0.792384 |
| 2017-07-28 | 0.655 | 0.760390 |
| 2017-04-27 | 0.655 | 0.760743 |
| 2017-01-30 | 0.655 | 0.856881 |
| 2016-10-28 | 0.655 | 0.878016 |
| 2016-07-28 | 0.625 | 0.796280 |
| 2016-04-28 | 0.625 | 0.873149 |
| 2016-01-28 | 0.625 | 0.966445 |
| 2015-10-29 | 0.625 | 0.989394 |
| 2015-07-30 | 0.595 | 0.971111 |
| 2015-04-30 | 0.595 | 0.972222 |
| 2015-01-29 | 0.595 | 0.832867 |
| 2014-10-30 | 0.595 | 0.983146 |
| 2014-07-30 | 0.568 | 1.035552 |
| 2014-05-01 | 0.568 | 1.015192 |
| 2014-01-30 | 0.568 | 1.088123 |
| 2013-10-31 | 0.568 | 1.013743 |
| 2013-07-30 | 0.545 | 0.919676 |
| 2013-04-29 | 0.545 | 0.895204 |
| 2013-01-30 | 0.545 | 1.021364 |
| 2012-10-31 | 0.545 | 1.028884 |
| 2012-07-30 | 0.525 | 0.972763 |
| 2012-04-27 | 0.525 | 1.088986 |
| 2012-01-30 | 0.525 | 1.110641 |
| 2011-10-28 | 0.525 | 1.130004 |
| 2011-07-28 | 0.525 | 1.234713 |
| 2011-04-28 | 0.525 | 1.222636 |
| 2011-01-28 | 0.525 | 1.282364 |
| 2010-10-28 | 0.525 | 1.277372 |
| 2010-07-29 | 0.525 | 1.372190 |
| 2010-04-29 | 0.525 | 1.396277 |
| 2010-01-28 | 0.525 | 1.455100 |
| 2009-10-29 | 0.525 | 1.640113 |
| 2009-07-30 | 0.525 | 1.629929 |
| 2009-04-29 | 0.525 | 1.913265 |
| 2009-01-29 | 0.525 | 1.541850 |
| 2008-10-30 | 0.525 | 1.643192 |
| 2008-07-30 | 0.525 | 1.614391 |
| 2008-04-29 | 0.525 | 1.543210 |
| 2008-01-30 | 0.525 | 1.389992 |
| 2007-10-30 | 0.525 | 1.288028 |
| 2007-07-30 | 0.525 | 1.389992 |
| 2007-04-27 | 0.525 | 1.069246 |
| 2007-01-30 | 0.525 | 1.068811 |
| 2006-10-30 | 0.525 | 1.098326 |
| 2006-07-28 | 0.500 | 1.155001 |
| 2006-04-27 | 0.500 | 1.255650 |
| 2006-01-30 | 0.500 | 1.175917 |
| 2005-10-28 | 0.500 | 1.223691 |
| 2005-07-28 | 0.475 | 1.050885 |
| 2005-04-28 | 0.475 | 1.141004 |
| 2005-01-28 | 0.475 | 1.130952 |
| 2004-10-28 | 0.475 | 1.112673 |
| 2004-07-29 | 0.450 | 1.125000 |
| 2004-04-29 | 0.450 | 1.160691 |
| 2004-01-29 | 0.450 | 1.145038 |
| 2003-10-30 | 0.450 | 1.232877 |
| 2003-07-30 | 0.425 | 1.230814 |
| 2003-04-29 | 0.425 | 1.265634 |
| 2003-01-30 | 0.425 | 1.392073 |
| 2002-10-30 | 0.425 | 1.512455 |
| 2002-07-30 | 0.400 | 1.156738 |
| 2002-04-29 | 0.400 | 0.911993 |
| 2002-01-30 | 0.400 | 1.006542 |
| 2001-10-30 | 0.400 | 0.953516 |
| 2001-07-30 | 0.375 | 0.882145 |
| 2001-04-27 | 0.375 | 0.746714 |
| 2001-01-30 | 0.375 | 0.865052 |
| 2000-10-30 | 0.375 | 0.855920 |
| 2000-07-28 | 0.350 | 0.901771 |
| 2000-04-27 | 0.350 | 1.044776 |
| 2000-01-28 | 0.350 | 1.169102 |
| 1999-10-28 | 0.350 | 0.957265 |
| 1999-07-29 | 0.325 | 0.821485 |
| 1999-04-29 | 0.325 | 0.853859 |
| 1999-01-28 | 0.325 | 0.793893 |
| 1998-10-29 | 0.325 | 0.740741 |
| 1998-07-30 | 0.300 | 0.701754 |
| 1998-04-29 | 0.300 | 0.695652 |
| 1998-01-29 | 0.300 | 0.747664 |
| 1997-10-30 | 0.300 | 0.875912 |
| 1997-07-30 | 0.275 | 0.874751 |
| 1997-04-30 | 0.275 | 0.964912 |
| 1997-01-30 | 0.275 | 0.873016 |
| 1996-10-30 | 0.275 | 0.890688 |
| 1996-07-30 | 0.250 | 0.877193 |
| 1996-04-29 | 0.250 | 0.934579 |
| 1996-01-30 | 0.250 | 0.843882 |
| 1995-10-30 | 0.250 | 0.909091 |
| 1995-07-28 | 0.225 | 0.942408 |
| 1995-04-25 | 0.225 | 1.046512 |
| 1995-01-26 | 0.225 | 1.111111 |
| 1994-10-26 | 0.225 | 1.232877 |
| 1994-07-26 | 0.200 | 1.151079 |
| 1994-04-26 | 0.200 | 0.969697 |
| 1994-01-26 | 0.200 | 0.903955 |
| 1993-10-26 | 0.200 | 0.888889 |
| 1989-07-26 | 0.400 | 3.137255 |
| 1989-04-25 | 0.400 | 2.962963 |
| 1989-01-26 | 0.400 | 2.539683 |
| 1988-10-26 | 0.700 | 4.210526 |
| 1988-07-26 | 0.700 | 2.901554 |
| 1988-04-26 | 0.700 | 2.705314 |
| 1988-01-26 | 0.700 | 2.445415 |
| 1987-10-27 | 0.700 | 2.592593 |
| 1987-07-28 | 0.700 | 2.295082 |
| 1987-04-28 | 0.700 | 2.333333 |
| 1973-04-25 | 0.290 | 1.364706 |
| Attribute | Value |
|---|---|
| 52 Week Change | 0.16329288 |
| Address1 | 400 North Fifth Street |
| Address2 | PO Box 53999 |
| All Time High | 105.51 |
| All Time Low | 5.0 |
| Ask | 103.03 |
| Ask Size | 500 |
| Audit Risk | 3 |
| Average Analyst Rating | 2.6 - Hold |
| Average Daily Volume10 Day | 1,309,340 |
| Average Daily Volume3 Month | 1,168,055 |
| Average Volume | 1,168,055 |
| Average Volume10Days | 1,309,340 |
| Beta | 0.438 |
| Bid | 102.94 |
| Bid Size | 100 |
| Board Risk | 8 |
| Book Value | 58.325 |
| City | Phoenix |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 3 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 103.44 |
| Current Ratio | 0.599 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,780,012,800 |
| Day High | 103.7 |
| Day Low | 102.66 |
| Debt To Equity | 212.957 |
| Display Name | Pinnacle West Capital |
| Dividend Date | 1,780,272,000 |
| Dividend Rate | 3.64 |
| Dividend Yield | 3.52 |
| Earnings Call Timestamp End | 1,777,910,400 |
| Earnings Call Timestamp Start | 1,777,910,400 |
| Earnings Timestamp | 1,777,897,800 |
| Earnings Timestamp End | 1,777,897,800 |
| Earnings Timestamp Start | 1,777,897,800 |
| Ebitda | 2,133,831,040 |
| Ebitda Margins | 0.39101002 |
| Enterprise To Ebitda | 12.989 |
| Enterprise To Revenue | 5.079 |
| Enterprise Value | 27,715,289,088 |
| Eps Current Year | 4.71332 |
| Eps Forward | 5.56853 |
| Eps Trailing Twelve Months | 5.36 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,777,852,800 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 101.7006 |
| Fifty Day Average Change | 1.7394028 |
| Fifty Day Average Change Percent | 0.017103171 |
| Fifty Two Week Change Percent | 16.329288 |
| Fifty Two Week High | 104.92 |
| Fifty Two Week High Change | -1.4799957 |
| Fifty Two Week High Change Percent | -0.014105945 |
| Fifty Two Week Low | 85.32 |
| Fifty Two Week Low Change | 18.120003 |
| Fifty Two Week Low Change Percent | 0.21237697 |
| Fifty Two Week Range | 85.32 - 104.92 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 99,153,000,000 |
| Five Year Avg Dividend Yield | 4.33 |
| Float Shares | 120,389,754 |
| Forward Eps | 5.56853 |
| Forward P E | 18.575819 |
| Free Cashflow | -831,102,848 |
| Full Exchange Name | NYSE |
| Full Time Employees | 6,610 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,780,531,200 |
| Gross Margins | 0.43014 |
| Gross Profits | 2,347,365,120 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.0014599999 |
| Held Percent Institutions | 1.08439 |
| Implied Shares Outstanding | 121,187,166 |
| Industry | Utilities - Regulated Electric |
| Industry Disp | Utilities - Regulated Electric |
| Industry Key | utilities-regulated-electric |
| Ir Website | http://www.pinnaclewest.com/main/pnw/investors/default.html |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Dividend Date | 1,777,852,800 |
| Last Dividend Value | 0.91 |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | Pinnacle West Capital Corporation, through its subsidiary, provides retail and wholesale electric services in the state of Arizona. The company engages in the generation, transmission, and distribution of electricity using nuclear, gas, oil, coal, and solar generating facilities. Its transmission facilities include overhead lines and underground lines; and distribution facilities consist of overhead lines and underground primary cables. The company also owns and maintains substations, including transmission and distribution yards; and owns energy storage facilities. Pinnacle West Capital Corporation was incorporated in 1985 and is headquartered in Phoenix, Arizona. |
| Long Name | Pinnacle West Capital Corporation |
| Market | us_market |
| Market Cap | 12,535,601,152 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_296957 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | 654,094,976 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 12,535,600,451 |
| Number Of Analyst Opinions | 14 |
| Open | 102.79 |
| Operating Cashflow | 1,638,496,000 |
| Operating Margins | 0.11757 |
| Overall Risk | 5 |
| Payout Ratio | 0.6735 |
| Peg Ratio | 3.1 |
| Phone | 602 250 1000 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 103.44 |
| Post Market Time | 1,781,298,300 |
| Previous Close | 102.4 |
| Price Eps Current Year | 21.946316 |
| Price Hint | 2 |
| Price To Book | 1.7735106 |
| Price To Sales Trailing12 Months | 2.2970521 |
| Profit Margins | 0.11986 |
| Quick Ratio | 0.261 |
| Quote Type | EQUITY |
| Recommendation Key | hold |
| Recommendation Mean | 2.58824 |
| Region | US |
| Regular Market Change | 1.04 |
| Regular Market Change Percent | 1.01563 |
| Regular Market Day High | 103.7 |
| Regular Market Day Low | 102.66 |
| Regular Market Day Range | 102.66 - 103.7 |
| Regular Market Open | 102.79 |
| Regular Market Previous Close | 102.4 |
| Regular Market Price | 103.44 |
| Regular Market Time | 1,781,294,402 |
| Regular Market Volume | 506,122 |
| Return On Assets | 0.024920002 |
| Return On Equity | 0.09559 |
| Revenue Growth | 0.114 |
| Revenue Per Share | 45.428 |
| Sand P52 Week Change | 0.23177934 |
| Sector | Utilities |
| Sector Disp | Utilities |
| Sector Key | utilities |
| Share Holder Rights Risk | 6 |
| Shares Outstanding | 121,187,166 |
| Shares Percent Shares Out | 0.0744 |
| Shares Short | 9,019,788 |
| Shares Short Previous Month Date | 1,777,507,200 |
| Shares Short Prior Month | 6,646,938 |
| Short Name | Pinnacle West Capital Corporati |
| Short Percent Of Float | 0.0967 |
| Short Ratio | 7.21 |
| Source Interval | 15 |
| State | AZ |
| Symbol | PNW |
| Target High Price | 128.0 |
| Target Low Price | 87.0 |
| Target Mean Price | 105.07143 |
| Target Median Price | 104.0 |
| Total Cash | 6,409,000 |
| Total Cash Per Share | 0.053 |
| Total Debt | 15,143,285,760 |
| Total Revenue | 5,457,255,936 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 3.61 |
| Trailing Annual Dividend Yield | 0.035253905 |
| Trailing Eps | 5.36 |
| Trailing P E | 19.298508 |
| Trailing Peg Ratio | 3.1064 |
| Triggerable | 1 |
| Two Hundred Day Average | 94.54875 |
| Two Hundred Day Average Change | 8.891251 |
| Two Hundred Day Average Change Percent | 0.09403879 |
| Type Disp | Equity |
| Volume | 506,122 |
| Website | https://www.pinnaclewest.com |
| Zip | 85,072-3999 |