Pinnacle West Capital (PNW) Projected to Post Earnings on Monday

Pinnacle West Capital (NYSE:PNW) will likely be releasing its Q3 2025 results before the market opens on Monday, November 3rd. Analysts expect Pinnacle West Capital to post earnings of $2.79 per share and revenue of $1.7753 billion for the quarter. Interested persons may visit the the company’s upcoming Q3 2025 earningresults page for the latest details on the call scheduled for Monday, November 3, 2025 at 11:00 AM ET.

Pinnacle West Capital (NYSE:PNW) last released its quarterly earnings data on Wednesday, August 6th. The utilities provider reported $1.58 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.58. Pinnacle West Capital had a net margin of 10.96% and a return on equity of 8.45%. The firm had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.35 billion. During the same quarter in the previous year, the company earned $1.76 earnings per share. The company’s revenue for the quarter was up 3.8% compared to the same quarter last year. On average, analysts expect Pinnacle West Capital to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Pinnacle West Capital Price Performance

PNW stock opened at $92.10 on Monday. The firm’s 50-day moving average price is $89.71 and its two-hundred day moving average price is $90.79. Pinnacle West Capital has a 12-month low of $81.47 and a 12-month high of $96.50. The stock has a market capitalization of $11.00 billion, a price-to-earnings ratio of 18.99, a PEG ratio of 9.54 and a beta of 0.46. The company has a current ratio of 0.52, a quick ratio of 0.37 and a debt-to-equity ratio of 1.25.

Pinnacle West Capital Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Monday, November 3rd will be given a $0.91 dividend. The ex-dividend date is Monday, November 3rd. This is a positive change from Pinnacle West Capital’s previous quarterly dividend of $0.90. This represents a $3.64 dividend on an annualized basis and a dividend yield of 4.0%. Pinnacle West Capital’s dividend payout ratio is presently 75.05%.

Wall Street Analyst Weigh In

A number of research firms have issued reports on PNW. UBS Group boosted their price objective on shares of Pinnacle West Capital from $95.00 to $101.00 and gave the company a “neutral” rating in a research report on Friday, October 10th. Morgan Stanley set a $93.00 price target on shares of Pinnacle West Capital and gave the company an “outperform” rating in a research report on Wednesday. KeyCorp reduced their price target on shares of Pinnacle West Capital from $100.00 to $97.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 15th. Mizuho cut shares of Pinnacle West Capital from an “outperform” rating to a “neutral” rating and reduced their price target for the company from $102.00 to $90.00 in a research report on Tuesday, September 9th. Finally, TD Cowen assumed coverage on shares of Pinnacle West Capital in a research report on Thursday, October 16th. They set a “hold” rating and a $97.00 price target on the stock. Six investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Pinnacle West Capital currently has an average rating of “Hold” and an average price target of $97.00.

Insiders Place Their Bets

In other Pinnacle West Capital news, EVP Jacob Tetlow sold 6,496 shares of the company’s stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $92.37, for a total value of $600,035.52. Following the sale, the executive vice president owned 56 shares in the company, valued at approximately $5,172.72. This represents a 99.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.23% of the company’s stock.

Institutional Investors Weigh In On Pinnacle West Capital

A number of hedge funds and other institutional investors have recently bought and sold shares of PNW. Brighton Jones LLC purchased a new stake in Pinnacle West Capital in the fourth quarter worth about $417,000. NewEdge Advisors LLC lifted its stake in shares of Pinnacle West Capital by 999.1% in the first quarter. NewEdge Advisors LLC now owns 8,210 shares of the utilities provider’s stock worth $782,000 after buying an additional 7,463 shares in the last quarter. Jones Financial Companies Lllp lifted its stake in shares of Pinnacle West Capital by 109.8% in the first quarter. Jones Financial Companies Lllp now owns 2,255 shares of the utilities provider’s stock worth $215,000 after buying an additional 1,180 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Pinnacle West Capital by 10.3% in the first quarter. Goldman Sachs Group Inc. now owns 441,047 shares of the utilities provider’s stock worth $42,010,000 after buying an additional 41,173 shares in the last quarter. Finally, Empowered Funds LLC lifted its stake in shares of Pinnacle West Capital by 12.8% in the first quarter. Empowered Funds LLC now owns 4,600 shares of the utilities provider’s stock worth $438,000 after buying an additional 523 shares in the last quarter. Hedge funds and other institutional investors own 91.51% of the company’s stock.

About Pinnacle West Capital

Pinnacle West Capital Corporation, through its subsidiary, provides retail and wholesale electric services primarily in the state of Arizona. The company engages in the generation, transmission, and distribution of electricity using coal, nuclear, gas, oil, and solar generating facilities. Its transmission facilities include overhead lines and underground lines; and distribution facilities consist of overhead lines and underground primary cables.