KeyBanc Capital Markets upgraded Pinnacle West from Underweight to Sector Weight
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
| 2/14/2024 | $69.00 | Neutral | Ladenburg Thalmann |
| 1/22/2024 | $78.00 | Neutral → Buy | Guggenheim |
| 10/5/2023 | Underweight → Sector Weight | KeyBanc Capital Markets |
SC 13G/A - PINNACLE WEST CAPITAL CORP (0000764622) (Subject)
SC 13G/A - PINNACLE WEST CAPITAL CORP (0000764622) (Subject)
SC 13G/A - PINNACLE WEST CAPITAL CORP (0000764622) (Subject)
Jefferies initiated coverage of Pinnacle West with a rating of Buy and set a new price target of $104.00
Ladenburg Thalmann upgraded Pinnacle West from Neutral to Buy and set a new price target of $83.50 from $74.00 previously
Citigroup initiated coverage of Pinnacle West with a rating of Neutral and set a new price target of $78.00
Barclays analyst Nicholas Campanella maintains Pinnacle West Capital (NYSE:PNW) with a Overweight and lowers the price target from $81 to $78.
Morgan Stanley analyst Stephen Byrd maintains Pinnacle West Capital (NYSE:PNW) with a Equal-Weight and lowers the price target from $76 to $72.
10-Q - PINNACLE WEST CAPITAL CORP (0000764622) (Filer)
8-K - PINNACLE WEST CAPITAL CORP (0000764622) (Filer)
8-K - PINNACLE WEST CAPITAL CORP (0000764622) (Filer)
4 - PINNACLE WEST CAPITAL CORP (0000764622) (Issuer)
Record-setting summer heat drives increase in customer sales and usage Operating performance, reliability remain strong for customers Creative approach used to address monsoon outages, restore power Pinnacle West Capital Corp. (NYSE:PNW) today reported consolidated net income attributable to common shareholders for the 2024 third quarter of $395.0 million, or $3.37 per diluted share of common stock. This result compares with consolidated net income of $398.2 million, or $3.50 per diluted share of common stock, for the same period a year ago. The results reflect a decrease of about $3 million, primarily as a result of higher operations and maintenance expense; increased depreciation
Third-Quarter Financial Results, Conference Call Scheduled for Nov. 6 Pinnacle West Capital Corporation's (NYSE:PNW) board of directors voted today to raise the Company's dividend by about 1.7%, or 6 cents per common share annually. This action will result in an indicated annual dividend of $3.58 per share – or $0.895 per share quarterly. The declared quarterly dividend is payable Dec. 2, 2024, to shareholders of record at the close of business Nov. 4, 2024. Earnings Release, Webcast and Conference Call In addition, as previously announced, Pinnacle West plans to release its 2024 third-quarter results before the U.S. financial markets open on Wednesday, Nov. 6, 2024. That same day at 11
TransCanyon LLC's Cross-Tie Project has reached a significant milestone with the recent announcement from the Bureau of Land Management (BLM) and United States Department of Agriculture-Forest Service (Forest Service) regarding the availability of the Final Environmental Impact Statement (FEIS). This document marks a key step in development of the Cross-Tie 500-kV Transmission Project, a major infrastructure initiative aimed at enhancing the region's energy transmission capabilities. "We are excited to announce the next stage for the proposed Cross-Tie 500-kV Transmission Project," said BLM West Desert District Manager Michael Gates. "This transmission line represents a critical pathway in
Additions Butler, Eicher & Flanagan bring diverse experience, financial acumen Pinnacle West Capital Corp. (NYSE:PNW) announced today that its board of directors has elected three new members to the company's board: Ronald Butler Jr., a "Big 4" public accounting firm managing partner with more than 32 years of diverse management and executive leadership experience; Carol S. Eicher, a seasoned executive who has served in multiple board leadership roles with both public and private equity-backed businesses; and Susan T. Flanagan, an executive with a broad and accomplished career spanning various sectors, including regulated utilities, energy and renewables, finance and capital markets, and
Arizona Public Service Co. (APS) announced today that Adam Heflin has been named Executive Vice President and Chief Nuclear Officer (CNO) at the Palo Verde Generating Station, effective June 6. Heflin succeeds Maria Lacal, who recently announced her intent to retire after a distinguished 41-year career in the commercial nuclear industry. Heflin previously served as Chief Executive Officer (CEO) and CNO of the Wolf Creek Nuclear Operating Corporation in Kansas until his retirement in 2019. Prior to that, he was the CNO at Ameren's Callaway Energy Center in Missouri. Heflin worked with Palo Verde this year as part of its Offsite Safety Review Committee and has served on the board of the STAR
New Director Appointed; One Director Announces Retirement Orion Group Holdings, Inc. (NYSE:ORN) (the "Company") a leading specialty construction company, today announced the appointment of Quentin P. Smith, Jr. to the Board of Directors, as well as the retirement of Richard L. Daerr, Jr. as a board member. The Board's appointment of Mr. Smith to the Board of Directors is effective January 21, 2022. His initial term will expire at the 2022 annual meeting of stockholders, at which time the Board will propose Mr. Smith for re-election as a Class II Director to serve until the 2024 annual meeting of stockholders. In addition, Richard L. Daerr, Jr. has announced his retirement from the Board e
4 - PINNACLE WEST CAPITAL CORP (0000764622) (Issuer)
4 - PINNACLE WEST CAPITAL CORP (0000764622) (Issuer)
4 - PINNACLE WEST CAPITAL CORP (0000764622) (Issuer)
Record-setting summer heat drives increase in customer sales and usage Operating performance, reliability remain strong for customers Creative approach used to address monsoon outages, restore power Pinnacle West Capital Corp. (NYSE:PNW) today reported consolidated net income attributable to common shareholders for the 2024 third quarter of $395.0 million, or $3.37 per diluted share of common stock. This result compares with consolidated net income of $398.2 million, or $3.50 per diluted share of common stock, for the same period a year ago. The results reflect a decrease of about $3 million, primarily as a result of higher operations and maintenance expense; increased depreciation
Third-Quarter Financial Results, Conference Call Scheduled for Nov. 6 Pinnacle West Capital Corporation's (NYSE:PNW) board of directors voted today to raise the Company's dividend by about 1.7%, or 6 cents per common share annually. This action will result in an indicated annual dividend of $3.58 per share – or $0.895 per share quarterly. The declared quarterly dividend is payable Dec. 2, 2024, to shareholders of record at the close of business Nov. 4, 2024. Earnings Release, Webcast and Conference Call In addition, as previously announced, Pinnacle West plans to release its 2024 third-quarter results before the U.S. financial markets open on Wednesday, Nov. 6, 2024. That same day at 11
Pinnacle West Capital Corp. (NYSE:PNW) announced today that it plans to release its 2024 third-quarter financial results before the U.S. financial markets open on Wednesday, Nov. 6, 2024. That same day at 11 a.m. ET (9 a.m. Arizona time), management will host a live webcast and conference call to discuss financial results and recent developments. To access the live session: Join the webcast at www.pinnaclewest.com/presentations for audio of the call and slides; or Dial (888) 506-0062 or (973) 528-0011 for international callers and enter participant access code 952382. To access the replay: Visit www.pinnaclewest.com/presentations within 30 days for the webcast recording. An audi