After Hours
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Recently, Yahoo Finance discussed the stock, revealing that Pinnacle West Sets Date for 2023 Fourth-Quarter and Full-Year Financial Results, Webcast/Conference Call.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Stocks Info
Pinnacle West Capital Corp. is listed on the NYSE in the Utilities sector while operating in the Utilities – Regulated Electric industry. The current market capitalization of Pinnacle West Capital Corp. is $7.96B. A total of 1.37 million shares were traded on the day, compared to an average of 1.16M shares.
Insider Activity
Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, PNW has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 21 BUYs and 22 SELLs from insiders. Insiders purchased 67,320 shares during that period but sold 48,782.
In the most recent transaction, Smith Robert Edgar sold 1,610 shares of PNW for 75.95 per share on Dec 08. After the transaction, the EVP, GC, and CDO now owns 9,178 company shares. In a previous transaction on Aug 24, Geisler Theodore N sold 1,484 shares at 79.93 per share. PNW shares that President, APS owns now total 6,750.
Among the insiders who sold shares, Geisler Theodore N disposed of 7 shares on Aug 24 at a per-share price of $79.73. This resulted in the President, APS holding 0 shares of PNW after the transaction.
Dividend
The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Pinnacle West Capital Corp. pays an annual dividend of $3.49, resulting in a dividend yield of 4.97%, and it has a price to earnings (P/E) ratio of 16.73. PNW’s most recent ex-dividend date was 1/31/2024 when it declared a $0.88 quarterly dividend that was paid in cash on 3/1/2024. Previously, the company paid the dividend on 12/1/2023 with an ex-dividend date of 10/31/2023. The PNW stock dividend was $0.88 per share in cash.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for PNW in the last 3 months, the mean price target is $77.00 with high estimates of $95.00 and low estimates of $69.00. In terms of 52-week highs and lows, PNW has a high of $86.03 and a low of $65.20.
As of this writing, PNW has an earnings estimate of -$0.13 per share for the current quarter. EPS was calculated based on a consensus of 9 estimates, with a high estimate of $0.02 per share and a lower estimate of -$0.21. The company reported an EPS of $0.94 in the last quarter, which was -21.00% lower than expectations of $1.19.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. PNW’s latest balance sheet shows that the firm has $9.97M in Cash & Short Term Investments as of fiscal 2021. There were $8.18B in debt and $1.76B in liabilities at the time. Its Book Value Per Share was $56.24, while its Total Shareholder’s Equity was $6.02B.
Analysts Opinion
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PNW is Buy with a score of 3.40.
