Pinnacle West upgraded by BofA Securities with a new price target
$PNW
Electric Utilities: Central
Utilities
BofA Securities upgraded Pinnacle West from Neutral to Buy and set a new price target of $80.00 from $71.00 previously
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/13/2025 | $95.00 | Market Perform | BMO Capital Markets |
| 12/4/2024 | $101.00 | Sector Weight → Overweight | KeyBanc Capital Markets |
| 11/18/2024 | $93.00 → $91.00 | Overweight → Equal Weight | Barclays |
| 9/20/2024 | $104.00 | Buy | Jefferies |
| 6/6/2024 | $74.00 → $83.50 | Neutral → Buy | Ladenburg Thalmann |
| 4/29/2024 | $78.00 | Neutral | Citigroup |
| 3/18/2024 | $71.00 → $80.00 | Neutral → Buy | BofA Securities |
| 3/11/2024 | $68.00 → $71.00 | Sell → Neutral | UBS |
Pinnacle West Capital Corporation's (NYSE:PNW) board of directors today declared a quarterly dividend of $0.895 per share of common stock, payable on Sept. 2, 2025, to shareholders of record at the close of business on Aug. 1, 2025. General Information Pinnacle West Capital Corp., an energy holding company based in Phoenix, has consolidated assets of more than $27 billion, about 6,500 megawatts of generating capacity and approximately 6,400 employees in Arizona and New Mexico. Through its principal subsidiary, Arizona Public Service, the company provides retail electricity service to about 1.4 million Arizona homes and businesses. For more information about Pinnacle West, visit the comp
Results in line with company's expectations; full year 2025 earnings guidance affirmed Planned power plant outages contribute to higher operations and maintenance expenses versus a year ago APS employees focus on summer preparedness, reliability and resilience Pinnacle West Capital Corp. (NYSE:PNW) today reported a consolidated net loss attributable to common shareholders of $4.6 million, or a loss of $0.04 per diluted share of common stock, for the quarter ended March 31, 2025. This result compares with consolidated net income attributable to common shareholders of $16.9 million, or $0.15 per diluted share, for the same period in 2024. The results reflect a decrease of about $22 mi
First-Quarter Financial Results, Conference Call Scheduled for May 1 Pinnacle West Capital Corporation's (NYSE:PNW) board of directors today declared a quarterly dividend of $0.895 per share of common stock, payable on June 2, 2025, to shareholders of record at the close of business on May 5, 2025. Earnings Release, Webcast and Conference Call In addition, as previously announced, Pinnacle West plans to release its 2025 first-quarter financial results before the U.S. financial markets open on Thursday, May 1, 2025. That same day at noon ET (9 a.m. Arizona time), management will host a live webcast and conference call to discuss financial results and recent developments. The webcast can