Pinnacle West Capital (PNW) Projected to Release Quarterly Earnings on Tuesday

Pinnacle West Capital (NYSE:PNW) is expected to announce its Q2 2026 results before the market opens on Tuesday, August 4th. Analysts expect Pinnacle West Capital to announce earnings of $1.46 per share and revenue of $1.3965 billion for the quarter. Pinnacle West Capital has set its FY 2026 guidance at 4.550-4.750 EPS. Interested persons are encouraged to explore the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Tuesday, August 4, 2026 at 12:00 PM ET.

Pinnacle West Capital (NYSE:PNW) last announced its quarterly earnings data on Monday, May 4th. The utilities provider reported $0.27 EPS for the quarter, beating the consensus estimate of ($0.03) by $0.30. The business had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.08 billion. Pinnacle West Capital had a net margin of 11.99% and a return on equity of 9.27%. The business’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.04) EPS. On average, analysts expect Pinnacle West Capital to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Pinnacle West Capital Stock Down 0.4%

NYSE:PNW opened at $100.95 on Friday. The firm has a market capitalization of $12.23 billion, a P/E ratio of 18.80, a PEG ratio of 3.67 and a beta of 0.43. Pinnacle West Capital has a 1-year low of $85.32 and a 1-year high of $111.16. The company’s fifty day moving average price is $104.57 and its 200-day moving average price is $100.98. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.60 and a quick ratio of 0.39.

Pinnacle West Capital Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 3rd will be given a dividend of $0.91 per share. The ex-dividend date is Monday, August 3rd. This represents a $3.64 dividend on an annualized basis and a yield of 3.6%. Pinnacle West Capital’s payout ratio is currently 67.78%.

Wall Street Analysts Forecast Growth

PNW has been the topic of several analyst reports. TD Cowen increased their price target on Pinnacle West Capital from $100.00 to $101.00 and gave the stock a “hold” rating in a research report on Friday, May 15th. Argus boosted their price objective on Pinnacle West Capital from $95.00 to $106.00 and gave the company a “buy” rating in a report on Tuesday, April 14th. Weiss Ratings upgraded Pinnacle West Capital from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, May 6th. Barclays boosted their price target on Pinnacle West Capital from $102.00 to $108.00 and gave the company an “equal weight” rating in a report on Wednesday, July 1st. Finally, Wells Fargo & Company set a $106.00 price objective on shares of Pinnacle West Capital in a research note on Tuesday, April 21st. Three research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $104.07.

Insider Activity

In other news, EVP Jacob Tetlow sold 6,567 shares of Pinnacle West Capital stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $99.00, for a total value of $650,133.00. Following the sale, the executive vice president owned 6,634 shares in the company, valued at $656,766. This trade represents a 49.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.19% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Pinnacle West Capital

A number of hedge funds have recently made changes to their positions in the company. CYBER HORNET ETFs LLC purchased a new position in shares of Pinnacle West Capital in the second quarter valued at approximately $27,000. MUFG Securities EMEA plc purchased a new stake in shares of Pinnacle West Capital during the second quarter worth approximately $32,000. Brown Brothers Harriman & Co. raised its stake in Pinnacle West Capital by 102.1% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 966 shares of the utilities provider’s stock valued at $87,000 after purchasing an additional 488 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in Pinnacle West Capital in the 4th quarter valued at $88,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in Pinnacle West Capital by 11.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,330 shares of the utilities provider’s stock valued at $119,000 after purchasing an additional 140 shares in the last quarter. Institutional investors and hedge funds own 91.51% of the company’s stock.

About Pinnacle West Capital

Pinnacle West Capital Corporation is a publicly traded utility holding company headquartered in Phoenix, Arizona. Through its principal subsidiary, Arizona Public Service Company (APS), Pinnacle West generates, transmits and distributes electricity to more than one million residential, commercial and industrial customers across central and southern Arizona. The company’s regulated operations focus on delivering safe, reliable power while meeting evolving environmental standards.

The company’s diversified generation portfolio includes natural gas–fired plants, the nuclear-powered Palo Verde Generating Station—the largest nuclear facility in the United States by net output—plus growing investments in solar and battery storage projects.