Pinnacle West Capital (NYSE:PNW – Get Free Report) is set to announce its earnings results before the market opens on Thursday, May 2nd. Analysts expect the company to announce earnings of $0.05 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.
Pinnacle West Capital Stock Performance
PNW stock opened at $73.65 on Wednesday. The company has a market capitalization of $8.36 billion, a P/E ratio of 16.70, a PEG ratio of 2.08 and a beta of 0.49. The company has a 50-day simple moving average of $72.11 and a 200 day simple moving average of $72.09. Pinnacle West Capital has a fifty-two week low of $65.20 and a fifty-two week high of $86.03. The company has a quick ratio of 0.50, a current ratio of 0.67 and a debt-to-equity ratio of 1.20.
Pinnacle West Capital Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Wednesday, May 1st will be given a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 4.78%. The ex-dividend date is Tuesday, April 30th. Pinnacle West Capital’s dividend payout ratio (DPR) is presently 79.82%.
Analysts Set New Price Targets
Read Our Latest Research Report on Pinnacle West Capital
Pinnacle West Capital Company Profile
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.
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