Analyst Activity – BMO Capital Markets Reiterates Hold on Pinnacle West Capital Corporation (NYSE:PNW)

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Analyst Ratings For Pinnacle West Capital Corporation (NYSE:PNW)

Today, BMO Capital Markets reiterated its Hold rating on Pinnacle West Capital Corporation (NYSE:PNW) with a price target of $89.00.

There are 1 sell rating, 7 hold ratings on the stock.

The current consensus rating on Pinnacle West Capital Corporation (NYSE:PNW) is Hold (Score: 1.88) with a consensus target price of $81.57 per share, a potential 8.06% downside.

Some recent analyst ratings include

  • 8/4/2017-BMO Capital Markets Reiterated Rating of Hold.
  • 7/24/2017-Royal Bank Of Canada Reiterated Rating of Hold.
  • 3/7/2017-Williams Capital was Downgraded by analysts at Williams Capital from a “Buy ” rating to a ” Hold” rating. They now have a $79.00 price target on the stock.
  • 1/17/2017-Goldman Sachs Group, Inc. (The) Upgrade from a “Sell ” rating to a ” Neutral” rating.
  • 11/22/2016-Bank of America Corporation Upgrade from a “Underperform ” rating to a ” Neutral” rating.

Dividend information for Pinnacle West Capital Corporation (NYSE:PNW)

Pinnacle West Capital Corporation (NYSE:PNW) pays an annual dividend of Community Ranking: with a yield of 2.95% and an average dividend growth of 4.70% based on a 3 Year Average.

Dividend History for Pinnacle West Capital Corporation (NYSE:PNW)

  • On 6/21/2017 Pinnacle West Capital Corporation announced a quarterly dividend of $0.66 2.97% with an ex dividend date of 7/28/2017 which will be payable on 9/1/2017.
  • On 4/19/2017 Pinnacle West Capital Corporation announced a quarterly dividend of $0.66 3.07% with an ex dividend date of 4/27/2017 which will be payable on 6/1/2017.
  • On 12/21/2016 Pinnacle West Capital Corporation announced a quarterly dividend of $0.66 3.38% with an ex dividend date of 1/30/2017 which will be payable on 3/1/2017.
  • On 10/20/2016 Pinnacle West Capital Corporation announced a quarterly dividend of $0.12 3.54% with an ex dividend date of 10/28/2016 which will be payable on 12/1/2016.
  • On 6/22/2016 Pinnacle West Capital Corporation announced a quarterly dividend of $0.63 3.23% with an ex dividend date of 7/28/2016 which will be payable on 9/1/2016.
  • On 4/20/2016 Pinnacle West Capital Corporation announced a quarterly dividend of $0.63 3.52% with an ex dividend date of 4/28/2016 which will be payable on 6/1/2016.
  • On 12/16/2015 Pinnacle West Capital Corporation announced a quarterly dividend of $0.63 3.93% with an ex dividend date of 1/28/2016 which will be payable on 3/1/2016.

Recent Insider Trading Activity For Pinnacle West Capital Corporation (NYSE:PNW)
Pinnacle West Capital Corporation (NYSE:PNW) has insider ownership of 0.70% and institutional ownership of 83.06%.

  • On 5/26/2017 Daniel T Froetscher, SVP, sold 2,800 with an average share price of $87.31 per share and the total transaction amounting to $244,468.00. View SEC Filing
  • On 5/16/2017 Barbara M Gomez, SVP, sold 1,900 with an average share price of $84.00 per share and the total transaction amounting to $159,600.00. View SEC Filing
  • On 5/11/2017 Denis A Cortese, Director, sold 1,776 with an average share price of $83.85 per share and the total transaction amounting to $148,917.60. View SEC Filing
  • On 5/5/2017 Donald E Brandt, Chairman, sold 52,134 with an average share price of $84.70 per share and the total transaction amounting to $4,415,749.80. View SEC Filing
  • On 5/5/2017 John S Hatfield, VP, sold 2,265 with an average share price of $84.63 per share and the total transaction amounting to $191,686.95. View SEC Filing
  • On 5/4/2017 James R Hatfield, CFO, sold 10,000 with an average share price of $84.35 per share and the total transaction amounting to $843,500.00. View SEC Filing
  • On 12/13/2016 Donald E Brandt, Chairman, sold 50,000 with an average share price of $77.12 per share and the total transaction amounting to $3,856,000.00. View SEC Filing

Recent Trading Activity for Pinnacle West Capital Corporation (NYSE:PNW)
Shares of Pinnacle West Capital Corporation closed the previous trading session at 88.72 up +1.48 1.70% with 939,891 shares trading hands.

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