PNW
Utilities · Utilities - Regulated Electric
Performance
PNW (PNW) Stock Analysis 2026
Rule-based · Updated daily · Not financial advice
PNW (PNW) operates in the Utilities - Regulated Electric space within the Utilities sector. With a market cap of $12.7B, it qualifies as a mid-cap company. The company is growing revenue strongly while maintaining healthy profitability — a combination that investors typically reward with a premium valuation.
- Forward P/E (18.7×) is lower than trailing P/E (19.5×) — analysts expect earnings to improve
- Revenue growth of 11% YoY shows solid business momentum
- Healthy profit margin of 12.0%
- Dividend yield of 3.52% provides consistent income on top of price appreciation
- Low beta of 0.44 — less volatile than the market, suitable for conservative portfolios
- High debt-to-equity of 212.96× increases financial risk, especially with elevated interest rates
- Current ratio below 1 (0.60×) — short-term liabilities exceed current assets
- Price is near its 52-week high — limited near-term upside, higher pullback risk
Verdict
Buy / Hold
More positives than negatives. Fundamentals support holding while monitoring key risks.
AI Insight
Powered by ClaudeAI-generated analysis for informational purposes only. Not financial advice.
Related Articles
Revenue & Results
Dividends
Current DY
3.52%
5Y Avg Annual
$3.1680
Last Payment
$0.9100
Ex-Date
05/04/2026
Annual dividends paid per share
| Ex-Date | Payment | Amount | Est. DY |
|---|---|---|---|
Latest05/04/2026 | 06/01/2026 | $0.9100 | 3.49% |
02/02/2026 | 03/02/2026 | $0.9100 | 3.49% |
11/03/2025 | 12/01/2025 | $0.9100 | 3.49% |
08/01/2025 | 08/29/2025 | $0.8950 | 3.43% |
05/05/2025 | 06/02/2025 | $0.8950 | 3.43% |
02/03/2025 | 03/03/2025 | $0.8950 | 3.43% |
11/04/2024 | 12/02/2024 | $0.8950 | 3.43% |
08/01/2024 | 08/29/2024 | $0.8800 | 3.37% |
Magic Number
Shares needed to self-fund your next purchase
$104.39
Price
$0.9100
Last div. (quarterly)
115
shares
Own 115 PNW shares ($12,004.85) and each quarterly dividend pays for 1 new share — the snowball runs on its own.
Investment target
$12,004.85
New shares / year
+4 shares
If You Had Invested…
Hypothetical return based on historical prices
* Dividend reinvestment calculated at ex-date price. For informational purposes only.
Earnings
EPS (TTM)
$5.36
P/E (TTM)
19.5
Fwd P/E
18.7
Earnings History
SEC EDGAR · official filings
SEC Filings
Official EDGAR documents
Key Statistics
Valuation
Trading
Dividends
Profitability
Balance Sheet
Fair Value Estimates
Current price: $104.39
Graham Number
√(22.5 × EPS × Book Value)
$83.87
Benjamin Graham's intrinsic value formula. Assumes a fair stock trades at no more than 22.5× the product of EPS and book value per share.
Bazin Ceiling Price
Avg. Annual DPS (5Y) ÷ 6%
$57.87
Décio Bazin's dividend-based ceiling. The max price you should pay so that dividends alone deliver at least 6% annual yield on your cost basis.
These are simplified estimates. Not financial advice.
Buy & Hold Checklist
Quality criteria for long-term holding
6/10
67% score
Pays dividends
15Y hist.15+ years of dividend history
Dividend consistency (5Y+)
15 yrsUninterrupted dividend payments for at least 5 years
ROE above 10%
9.6%Return on equity — measures how efficiently capital is used
Positive profit margin
12.0%Net profit margin must be positive — company earns more than it spends
Revenue growth (annual)
+11.4%Annual revenue must be growing compared to the prior year
Earnings growth (annual)
Annual earnings must be growing compared to the prior year
Debt/Equity below 2×
212.96×Low financial leverage reduces risk of distress
Current ratio above 1
0.60×Short-term assets must cover short-term liabilities
Daily liquidity above $5M
$122M/dayHigh trading volume ensures easy entry and exit
Dividend yield above 0%
3.52%Stock must distribute income to shareholders
Related Assets
Utilities
About PNW
Pinnacle West Capital Corporation, through its subsidiary, provides retail and wholesale electric services in the state of Arizona. The company engages in the generation, transmission, and distribution of electricity using nuclear, gas, oil, coal, and solar generating facilities. Its transmission facilities include overhead lines and underground lines; and distribution facilities consist of overhead lines and underground primary cables. The company also owns and maintains substations, including transmission and distribution yards; and owns energy storage facilities. Pinnacle West Capital Corporation was incorporated in 1985 and is headquartered in Phoenix, Arizona.
Sector
Utilities
Industry
Utilities - Regulated Electric
Location
Phoenix, United States
Employees
6,610