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Pinnacle West Capital Corp PNW

Morningstar Rating
$73.39 +0.43 (0.59%)
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Company Report

Price vs Fair Value

PNW is trading within a range we consider fairly valued.
Price
$72.97
Fair Value
$13.00
Uncertainty
Low
1-Star Price
$55.28
5-Star Price
$98.90
Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

Pinnacle West should benefit from investing in the infrastructure that will be needed to support renewable energy targets in Arizona and surrounding states.

Bears

Utility regulation in Arizona has a history of political influence, creating more regulatory uncertainty than at other utilities and raising risk for shareholders, as 2021's rate outcome showed.

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News

Trading Information

Previous Close Price
$72.96
Day Range
$73.3973.39
52-Week Range
$65.2386.02
Bid/Ask
$73.18 / $73.48
Market Cap
$8.33 Bil
Volume/Avg
817,106 / 1.4 Mil

Key Statistics

Price/Earnings (Normalized)
16.55
Price/Sales
1.77
Dividend Yield (Trailing)
4.78%
Dividend Yield (Forward)
4.82%
Total Yield
4.83%

Company Profile

Pinnacle West is a holding company whose principal subsidiary is Arizona Public Service, a vertically integrated electric utility that serves 1.4 million customers across a 35,000-square-mile territory in central Arizona, including Phoenix. APS owns or leases more than 6 gigawatts of power generation capacity, including a 29% ownership stake in the largest nuclear plant in the U.S., Palo Verde. About half of the electricity that APS supplies to customers comes from clean energy sources, including nuclear.
Sector
Utilities
Industry
Utilities - Regulated Electric
Stock Style Box
Small Value
Total Number of Employees
6,133

Competitors

Valuation

Metric
PNW
OGE
POR
Price/Earnings (Normalized)
16.5515.9418.47
Price/Book Value
1.341.471.27
Price/Sales
1.772.491.40
Price/Cash Flow
6.538.035.48
Price/Earnings
PNW
OGE
POR

Financial Strength

Metric
PNW
OGE
POR
Quick Ratio
0.230.250.38
Current Ratio
0.670.650.84
Interest Coverage
2.723.072.58
Quick Ratio
PNW
OGE
POR

Profitability

Metric
PNW
OGE
POR
Return on Assets (Normalized)
2.03%3.24%2.21%
Return on Equity (Normalized)
7.91%9.26%7.42%
Return on Invested Capital (Normalized)
4.66%6.64%5.24%
Return on Assets
PNW
OGE
POR
See how this stock stacks up to its competitors with Morningstar Investor

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Economic Moat
Market Cap
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NGG
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PCG
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D
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EXC
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PEG
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ED
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