Pinnacle West Capital (PNW) Stock Price, Fundamentals & Analysis

What PNW does

Pinnacle West Capital (PNW) is a regulated electric utility that provides retail and wholesale electric services in Arizona. The company generates, transmits, and distributes electricity using nuclear, gas, oil, coal, and solar facilities, and it also owns and maintains substations and energy storage assets. It operates through a subsidiary and is part of the S&P 500.

Key numbers explained

• 92.05 USD is the latest reported price, with a -1.19% change today.
• The trailing P/E ratio of 17.7 shows how much investors pay per dollar of the last 12 months' earnings; the forward P/E ratio of 16.5 uses expected future earnings.
• The dividend yield of 3.91% tells you the annual dividend as a percentage of the current price.
• The ex-dividend date is 3 aug. 2026; the company pays out 70% of earnings as dividends.
• The beta of 0.44 suggests the stock has historically moved less than the overall market.
• The 52-week range of 85.91 – 111.16 shows the lowest and highest prices in the past year, with a 6.9% price change over that period.
• Revenue growth of 7.1% year over year and a profit margin of 11.5% describe top-line expansion and how much of revenue becomes profit.
• The debt-to-equity ratio of 233.3% indicates the company carries more debt than equity, which is common for capital-intensive utilities.

Recent news

Morgan Stanley adjusted its price target on Pinnacle West Capital to $89 from $94, keeping an Equalweight rating. Other recent headlines highlight PNW alongside wind-energy stocks, Arizona growth, mixed fair-value signals, and a Zacks.com feature that also included Super Micro Computer and State Street.

What to watch

Utility stocks like PNW are typically sensitive to interest rates, regulatory decisions, and weather-driven demand. Investors often compare PNW with peers such as Exelon (EXC), Vistra Corp. (VST), and Eversource Energy (ES). The next earnings report is scheduled for 3 nov. 2026.