View ValuationPinnacle West Capital 将来の成長Future 基準チェック /26Pinnacle West Capital利益と収益がそれぞれ年間10.1%と5.1%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に9.2% 7.2%なると予測されています。主要情報10.1%収益成長率7.19%EPS成長率Electric Utilities 収益成長7.7%収益成長率5.1%将来の株主資本利益率9.25%アナリストカバレッジGood最終更新日23 May 2026今後の成長に関する最新情報お知らせ • Feb 25Pinnacle West Capital Corporation Provides Consolidated Earnings Guidance for the Year 2026Pinnacle West Capital Corporation provided consolidated earnings guidance for the year 2026. For the year, the company continues to estimate its consolidated earnings to be within a range of $4.55 to $4.75 per diluted share on a weather-normalized basis.お知らせ • Nov 04+ 1 more updatePinnacle West Capital Corporation Revises Consolidated Earnings Guidance for the Year 2025Pinnacle West Capital Corporation revised consolidated earnings guidance for the year 2025. Given the positive customer and sales growth and impact of weather and through the first three quarters of the year – partially offset by higher than previously forecasted operations and maintenance expenses – the company is adjusting its 2025 consolidated earnings guidance upward to a range of $4.90 per diluted share to $5.10 per diluted share from $4.40 to $4.60 per diluted share.お知らせ • Aug 06Pinnacle West Capital Corporation Provides Consolidated Earnings Guidance for the Year 2025Pinnacle West Capital Corporation provided consolidated earnings guidance for the year 2025. For the year, the company continues to estimate its consolidated earnings will be with in a range of $4.40 to $4.60 per diluted share on a weather-normalized basis.お知らせ • Feb 26Pinnacle West Capital Corporation Provides Consolidated Earnings Guidance for the Full Year of 2025Pinnacle West Capital Corporation provided consolidated earnings guidance for the full year of 2025. For the year, the company expects consolidated earnings will be within a range of $4.40 to $4.60 per diluted share on a weather-normalized basis.お知らせ • Nov 07+ 1 more updatePinnacle West Capital Corporation Provides Consolidated Earnings Guidance for the Full Year of 2025Pinnacle West Capital Corporation provided consolidated earnings guidance for the full year 2025. For the year 2025, the company estimates its consolidated earnings will be within a range of $4.40 to $4.60 per diluted share on a weather-normalized basis.お知らせ • Aug 02Pinnacle West Capital Corporation Provides Consolidated Earnings Guidance for the Full Year 2024Pinnacle West Capital Corporation provided consolidated earnings guidance for the full year 2024. for the year, the company continues to estimate its consolidated earnings guidance will be in the range of $4.60 to $4.80 per diluted share.すべての更新を表示Recent updatesRecent Insider Transactions • May 17Insider recently sold US$650k worth of stockOn the 13th of May, Jacob Tetlow sold around 7k shares on-market at roughly US$99.00 per share. This transaction amounted to 42% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.3m more than they bought in the last 12 months.Reported Earnings • May 05First quarter 2026 earnings released: EPS: US$0.27 (vs US$0.039 loss in 1Q 2025)First quarter 2026 results: EPS: US$0.27 (up from US$0.039 loss in 1Q 2025). Revenue: US$1.15b (up 11% from 1Q 2025). Net income: US$32.9m (up US$37.6m from 1Q 2025). Profit margin: 2.9% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 9% per year.Declared Dividend • Apr 26Fourth quarter dividend of US$0.91 announcedShareholders will receive a dividend of US$0.91. Ex-date: 4th May 2026 Payment date: 1st June 2026 Dividend yield will be 3.5%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 24% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Apr 24Pinnacle West Capital Corporation announces Quarterly dividend, payable on June 01, 2026Pinnacle West Capital Corporation announced Quarterly dividend of USD 0.9100 per share payable on June 01, 2026, ex-date on May 04, 2026 and record date on May 04, 2026.お知らせ • Apr 07Pinnacle West Capital Corporation to Report Q1, 2026 Results on May 04, 2026Pinnacle West Capital Corporation announced that they will report Q1, 2026 results at 9:30 AM, US Eastern Standard Time on May 04, 2026お知らせ • Apr 06Pinnacle West Capital Corporation, Annual General Meeting, May 14, 2026Pinnacle West Capital Corporation, Annual General Meeting, May 14, 2026.お知らせ • Feb 25Pinnacle West Capital Corporation Provides Consolidated Earnings Guidance for the Year 2026Pinnacle West Capital Corporation provided consolidated earnings guidance for the year 2026. For the year, the company continues to estimate its consolidated earnings to be within a range of $4.55 to $4.75 per diluted share on a weather-normalized basis.お知らせ • Jan 27Pinnacle West Capital Corporation to Report Q4, 2025 Results on Feb 25, 2026Pinnacle West Capital Corporation announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Feb 25, 2026Upcoming Dividend • Jan 26Upcoming dividend of US$0.91 per shareEligible shareholders must have bought the stock before 02 February 2026. Payment date: 02 March 2026. Payout ratio is a comfortable 71% but the company is not cash flow positive. Trailing yield: 3.9%. Lower than top quartile of British dividend payers (5.5%). In line with average of industry peers (4.0%).Declared Dividend • Dec 14Third quarter dividend of US$0.91 announcedShareholders will receive a dividend of US$0.91. Ex-date: 2nd February 2026 Payment date: 2nd March 2026 Dividend yield will be 4.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (72% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Dec 11Pinnacle West Capital Corporation Declares Quarterly Dividend, Payable on March 2, 2026The board of directors of Pinnacle West Capital Corporation declared a quarterly dividend of $0.91 per share of common stock, payable on March 2, 2026, to shareholders of record at the close of business on February 2, 2026.Reported Earnings • Nov 04Third quarter 2025 earnings released: EPS: US$3.45 (vs US$3.47 in 3Q 2024)Third quarter 2025 results: EPS: US$3.45. Revenue: US$1.82b (up 2.9% from 3Q 2024). Net income: US$413.2m (up 4.6% from 3Q 2024). Profit margin: 23% (in line with 3Q 2024). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Electric Utilities industry in Europe.お知らせ • Nov 04+ 1 more updatePinnacle West Capital Corporation Revises Consolidated Earnings Guidance for the Year 2025Pinnacle West Capital Corporation revised consolidated earnings guidance for the year 2025. Given the positive customer and sales growth and impact of weather and through the first three quarters of the year – partially offset by higher than previously forecasted operations and maintenance expenses – the company is adjusting its 2025 consolidated earnings guidance upward to a range of $4.90 per diluted share to $5.10 per diluted share from $4.40 to $4.60 per diluted share.Declared Dividend • Oct 27Second quarter dividend increased to US$0.91Dividend of US$0.91 is 1.7% higher than last year. Ex-date: 3rd November 2025 Payment date: 1st December 2025 Dividend yield will be 3.9%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (72% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 24% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Oct 23Pinnacle West Capital Corporation Declares Quarterly Dividend, Payable on December 1, 2025Pinnacle West Capital Corporation’s board of directors voted to raise the Company’s dividend by 1.7%, or 6 cents per common share annually. This action will result in an indicated annual dividend of $3.64 per share – or $0.91 per share quarterly. The declared quarterly dividend is payable December 1, 2025, to shareholders of record at the close of business November 3, 2025.お知らせ • Oct 03Pinnacle West Capital Corporation to Report Q3, 2025 Results on Nov 03, 2025Pinnacle West Capital Corporation announced that they will report Q3, 2025 results Pre-Market on Nov 03, 2025Recent Insider Transactions • Aug 13Insider recently sold US$600k worth of stockOn the 11th of August, Jacob Tetlow sold around 6k shares on-market at roughly US$92.37 per share. This transaction amounted to 72% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.8m more than they bought in the last 12 months.Reported Earnings • Aug 06Second quarter 2025 earnings released: EPS: US$1.61 (vs US$1.79 in 2Q 2024)Second quarter 2025 results: EPS: US$1.61 (down from US$1.79 in 2Q 2024). Revenue: US$1.36b (up 3.8% from 2Q 2024). Net income: US$192.6m (down 5.5% from 2Q 2024). Profit margin: 14% (down from 16% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year and the company’s share price has also increased by 7% per year.お知らせ • Aug 06Pinnacle West Capital Corporation Provides Consolidated Earnings Guidance for the Year 2025Pinnacle West Capital Corporation provided consolidated earnings guidance for the year 2025. For the year, the company continues to estimate its consolidated earnings will be with in a range of $4.40 to $4.60 per diluted share on a weather-normalized basis.Upcoming Dividend • Jul 25Upcoming dividend of US$0.90 per shareEligible shareholders must have bought the stock before 01 August 2025. Payment date: 02 September 2025. Payout ratio is a comfortable 70% but the company is not cash flow positive. Trailing yield: 3.9%. Lower than top quartile of British dividend payers (5.4%). Lower than average of industry peers (4.5%).お知らせ • Jul 08Pinnacle West Capital Corporation to Report Q2, 2025 Results on Aug 06, 2025Pinnacle West Capital Corporation announced that they will report Q2, 2025 results Pre-Market on Aug 06, 2025Declared Dividend • Jun 22First quarter dividend of US$0.90 announcedShareholders will receive a dividend of US$0.90. Ex-date: 1st August 2025 Payment date: 2nd September 2025 Dividend yield will be 4.0%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 19% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jun 19Pinnacle West Capital Corporation Declares Quarterly Dividend, Payable on Sept. 2, 2025Pinnacle West Capital Corporation’s board of directors declared a quarterly dividend of $0.895 per share of common stock, payable on Sept. 2, 2025, to shareholders of record at the close of business on Aug. 1, 2025.Reported Earnings • May 02First quarter 2025 earnings released: US$0.039 loss per share (vs US$0.15 profit in 1Q 2024)First quarter 2025 results: US$0.039 loss per share (down from US$0.15 profit in 1Q 2024). Revenue: US$1.03b (up 8.5% from 1Q 2024). Net loss: US$4.64m (down 127% from profit in 1Q 2024). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Apr 26Fourth quarter dividend of US$0.90 announcedShareholders will receive a dividend of US$0.90. Ex-date: 5th May 2025 Payment date: 2nd June 2025 Dividend yield will be 3.8%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (66% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Apr 24Pinnacle West Capital Corporation Declares Quarterly Dividend, Payable on June 2, 2025Pinnacle West Capital Corporation’s board of directors declared a quarterly dividend of $0.895 per share of common stock, payable on June 2, 2025, to shareholders of record at the close of business on May 5, 2025.Board Change • Apr 10High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Susan Flanagan was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Board Change • Apr 03High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. President of Arizona Public Service Company & Director Ted Geisler was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Apr 02Pinnacle West Capital Corporation to Report Q1, 2025 Results on May 01, 2025Pinnacle West Capital Corporation announced that they will report Q1, 2025 results Pre-Market on May 01, 2025お知らせ • Mar 07Pinnacle West Capital Corporation, Annual General Meeting, May 21, 2025Pinnacle West Capital Corporation, Annual General Meeting, May 21, 2025.Reported Earnings • Feb 26Full year 2024 earnings released: EPS: US$5.35 (vs US$4.42 in FY 2023)Full year 2024 results: EPS: US$5.35 (up from US$4.42 in FY 2023). Revenue: US$5.12b (up 9.1% from FY 2023). Net income: US$608.8m (up 21% from FY 2023). Profit margin: 12% (up from 11% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 26Pinnacle West Capital Corporation Provides Consolidated Earnings Guidance for the Full Year of 2025Pinnacle West Capital Corporation provided consolidated earnings guidance for the full year of 2025. For the year, the company expects consolidated earnings will be within a range of $4.40 to $4.60 per diluted share on a weather-normalized basis.お知らせ • Feb 22Pinnacle West Capital Corporation and Arizona Public Service Company Announces Management ChangesOn February 19, 2025, Pinnacle West Capital Corporation (“Pinnacle West”) and Arizona Public Service Company (“APS”) announced that Robert E. Smith was named Executive Vice President, Chief Legal Officer and Chief Development Officer of Pinnacle West and APS, respectively, and that Shirley A. Baum has been promoted to the position of Senior Vice President and General Counsel of Pinnacle West and APS, respectively. The changes are effective immediately. These changes are in support of a smooth transition of the duties and responsibilities of the General Counsel to Ms. Baum due to Mr. Smith’s planned retirement as an officer of Pinnacle West and APS on August 1, 2025.お知らせ • Jan 28Pinnacle West Capital Corporation to Report Q4, 2024 Results on Feb 25, 2025Pinnacle West Capital Corporation announced that they will report Q4, 2024 results Pre-Market on Feb 25, 2025Upcoming Dividend • Jan 27Upcoming dividend of US$0.90 per shareEligible shareholders must have bought the stock before 03 February 2025. Payment date: 03 March 2025. Payout ratio is a comfortable 65% but the company is not cash flow positive. Trailing yield: 4.2%. Lower than top quartile of British dividend payers (6.0%). Lower than average of industry peers (5.0%).Declared Dividend • Dec 16Third quarter dividend of US$0.90 announcedShareholders will receive a dividend of US$0.90. Ex-date: 3rd February 2025 Payment date: 3rd March 2025 Dividend yield will be 4.0%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (65% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 7.9% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Dec 13+ 1 more updatePinnacle West Capital Corp. and Arizona Public Service Announce CEO ChangesPinnacle West Capital Corp. announced that Pinnacle West and Arizona Public Service (APS) Chairman and CEO Jeff Guldner will retire as CEO on March 31, 2025, after 5 years of leading the company. APS President Ted Geisler will assume the roles of Chairman of the Board, President and CEO of Pinnacle West and APS effective April 1, 2025. Guldner will remain employed by Pinnacle West in a non-executive advisory capacity to support a smooth transition through the end of March 2026. Geisler has been President of APS since 2022 and has held a series of leadership positions at the company during his 23-year career at APS. Geisler began his career at APS in 2001 and has held positions on the executive team since 2018, including the past two years as President. His leadership journey includes critical roles such as Chief Financial Officer, Chief Information Officer, General Manager of Transmission and Distribution Operations and Director of Corporate Strategy, as well as other key positions across operations and corporate resources. A third-generation Arizonan, Geisler is deeply committed to the community and is currently Chairman of the Board of the Arizona Chamber of Commerce and on the board of the Greater Phoenix Economic Council (GPEC). He sits on the W.P. Carey Dean’s Council at Arizona State University and recently was chosen as the 56th Fighter Wing Command Honorary Commander at Luke Air Force Base. He has previously served on the boards of Chicanos por la Causa and Boys and Girls Club of the Valley. Geisler earned a Bachelor of Science degree from Colorado State University and an MBA from Arizona State University. He is a graduate of the Nuclear Reactor Technology Course at the Massachusetts Institute of Technology and the Strategic Financial Leadership Program at Stanford University’s Graduate School of Business.お知らせ • Dec 12Pinnacle West Capital Corporation Declares Quarterly Dividend, Payable on March 3, 2025Pinnacle West Capital Corporation’s board of directors declared a quarterly dividend of $0.895 per share of common stock, payable on March 3, 2025, to shareholders of record at the close of business on February 3, 2025.Buy Or Sell Opportunity • Dec 11Now 20% undervaluedThe stock has been flat over the last 90 days, currently trading at US$89.40. The fair value is estimated to be US$112, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings are also forecast to grow by 5.8% per annum over the same time period.Recent Insider Transactions • Nov 14Insider recently sold US$860k worth of stockOn the 13th of November, Jacob Tetlow sold around 9k shares on-market at roughly US$90.80 per share. This transaction amounted to 79% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.6m more than they bought in the last 12 months.お知らせ • Nov 09Pinnacle West Capital Corporation has filed a Follow-on Equity Offering in the amount of $900 million.Pinnacle West Capital Corporation has filed a Follow-on Equity Offering in the amount of $900 million. Security Name: Common Stock Security Type: Common Stock Transaction Features: At the Market OfferingBuy Or Sell Opportunity • Nov 07Now 20% undervaluedOver the last 90 days, the stock has risen 3.0% to US$88.68. The fair value is estimated to be US$111, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 3.9% per annum. Earnings are also forecast to grow by 5.8% per annum over the same time period.お知らせ • Nov 07+ 1 more updatePinnacle West Capital Corporation Provides Consolidated Earnings Guidance for the Full Year of 2025Pinnacle West Capital Corporation provided consolidated earnings guidance for the full year 2025. For the year 2025, the company estimates its consolidated earnings will be within a range of $4.40 to $4.60 per diluted share on a weather-normalized basis.Reported Earnings • Nov 07Third quarter 2024 earnings released: EPS: US$3.47 (vs US$3.51 in 3Q 2023)Third quarter 2024 results: EPS: US$3.47 (down from US$3.51 in 3Q 2023). Revenue: US$1.77b (up 8.0% from 3Q 2023). Net income: US$395.0m (flat on 3Q 2023). Profit margin: 22% (down from 24% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.Declared Dividend • Oct 27Second quarter dividend increased to US$0.90Dividend of US$0.90 is 1.7% higher than last year. Ex-date: 4th November 2024 Payment date: 2nd December 2024 Dividend yield will be 4.0%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (64% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 7.5% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Oct 25Pinnacle West Capital Corporation Declares Quarterly Dividend, Payable on December 2, 2024Pinnacle West Capital Corporation’s board of directors voted 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 December 2, 2024, to shareholders of record at the close of business November 4, 2024.お知らせ • Oct 04Pinnacle West Capital Corporation to Report Q3, 2024 Results on Nov 06, 2024Pinnacle West Capital Corporation announced that they will report Q3, 2024 results Pre-Market on Nov 06, 2024Buy Or Sell Opportunity • Sep 27Now 20% undervaluedOver the last 90 days, the stock has risen 17% to US$88.78. The fair value is estimated to be US$112, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has declined by 5.2%. For the next 3 years, revenue is forecast to grow by 3.8% per annum. Earnings are also forecast to grow by 5.7% per annum over the same time period.お知らせ • Sep 23Pinnacle West Capital Corporation(NYSE:PNW) dropped from FTSE All-World Index (USD)Pinnacle West Capital Corporation(NYSE:PNW) dropped from FTSE All-World Index (USD)Buy Or Sell Opportunity • Aug 02Now 20% undervaluedOver the last 90 days, the stock has risen 15% to US$86.44. The fair value is estimated to be US$109, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has declined by 5.2%. For the next 3 years, revenue is forecast to grow by 3.8% per annum. Earnings are also forecast to grow by 5.5% per annum over the same time period.お知らせ • Aug 02Pinnacle West Capital Corporation Provides Consolidated Earnings Guidance for the Full Year 2024Pinnacle West Capital Corporation provided consolidated earnings guidance for the full year 2024. for the year, the company continues to estimate its consolidated earnings guidance will be in the range of $4.60 to $4.80 per diluted share.Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: US$1.79 (vs US$0.94 in 2Q 2023)Second quarter 2024 results: EPS: US$1.79 (up from US$0.94 in 2Q 2023). Revenue: US$1.31b (up 17% from 2Q 2023). Net income: US$203.8m (up 91% from 2Q 2023). Profit margin: 16% (up from 9.5% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Board Change • Aug 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Susan Flanagan was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Jul 25Upcoming dividend of US$0.88 per shareEligible shareholders must have bought the stock before 01 August 2024. Payment date: 03 September 2024. Payout ratio is on the higher end at 76% but the company is not cash flow positive. Trailing yield: 4.2%. Lower than top quartile of British dividend payers (5.5%). Lower than average of industry peers (5.0%).お知らせ • Jul 04Pinnacle West Capital Corporation to Report Q2, 2024 Results on Aug 01, 2024Pinnacle West Capital Corporation announced that they will report Q2, 2024 results Pre-Market on Aug 01, 2024Declared Dividend • Jun 22First quarter dividend of US$0.88 announcedShareholders will receive a dividend of US$0.88. Ex-date: 1st August 2024 Payment date: 3rd September 2024 Dividend yield will be 4.7%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (76% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jun 21Pinnacle West Capital Corp. Appoints Three New Members to Its Board of DirectorsPinnacle West Capital Corp. announced 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 portfolio management. The appointments, effective July 1, 2024 increase the number of Pinnacle West directors from nine to 12, of which 11 are independent members. Butler and Flanagan have been appointed to the Board’s Audit and Finance committees. Eicher joins the Audit and the Nuclear & Operating committees. Butler – a trusted advisor to Fortune 500 executives, corporate boards and audit committees across a broad set of industries including mining and metals, technology and consumer products – began his career in 1991 with KPMG in its Phoenix office. In 1995, he joined EY, becoming a Partner in 2004 and then being promoted to Managing Partner of the Arizona practice in 2008. Over his career, Butler has advised a diverse group of public and privately held companies ranging from middle-market to large multinational companies. He also serves as EY’s U.S Mining and Metals Leader. Butler received his Bachelor of Science degree in Accountancy from the University of Arizona and is the recipient of the University of Arizona Eller College Outstanding Alumnus (2024) and the University of Arizona Alumni Association Sidney S. Woods Alumni Service Award (2015). He is a licensed CPA in the State of Arizona and a member of the Arizona Society of CPA’s and the American Institute of Certified Public Accountants. Eicher possesses more than 30 years of experience in global manufacturing, operations and mergers and acquisitions. She is on the boards of The Tennant Company (NYSE: TNC), an industrial machinery company, and Arq Inc., a diversified, environmental technology company with products that enable a cleaner and safer planet while actively reducing its environmental impact. She also serves on two private company boards. Her senior leadership experience includes positions at The Dow Chemical Company, Rohm and Haas Company, Ashland Chemical Company and E.I. DuPont de Nemours and Company Inc. In her last executive role, Eicher served as CEO of Innocor Inc. from May 2014 to July 2017. Eicher holds a Bachelor of Science degree in Chemical Engineering from the University of Pennsylvania and a Master in Business Administration from York College of Pennsylvania. She volunteers as Chair of the Board of Directors for the Fairmount Park Conservancy and as Secretary of the Board of Trustees for York College of Pennsylvania. Flanagan – an experienced senior executive and subject matter expert in the energy and renewables sector – started her professional career as an aerospace engineer with General Electric (GE). Her subsequent experience spanned research and development and corporate finance at utilities Long Island Lighting Company and Dayton Power & Light; and M&A and due diligence at PricewaterhouseCoopers and Ernst & Young working closely with utilities and private equity. In 2005, Flanagan rejoined GE where she served in various senior roles, most notably as President and CEO of GE Capital’s Energy Financial Services business. Following her 2023 retirement from GE, she joined Apollo Global Management as an Operating Partner, where she advises on structured investment opportunities across the Energy value chain. Flanagan has a Bachelor of Science degree in mechanical engineering from Columbia University’s School of Engineering, and a Master of Science in Aerospace Engineering from the University of Cincinnati. She also earned an MBA from New York University'sStern School of Business. She has been actively engaged in energy transition issues and has addressed the World Economic Forum in Davos and other thought leadership venues. She served on the Columbia University School of Engineering'sBoard of Visitors.お知らせ • Jun 20Pinnacle West Capital Corporation Declares Quarterly Dividend, Payable on September 3, 2024Pinnacle West Capital Corporation declared a quarterly dividend of $0.88 per share of common stock, payable on Sept. 3, 2024, to shareholders of record at the close of business on Aug. 1, 2024.お知らせ • May 03Pinnacle West Capital Corporation Provides Consolidated Earnings Guidance for the Full Year 2024Pinnacle West Capital Corporation provided consolidated earnings guidance for the full year 2024. For the period, Company Expects earnings guidance will be in the range of $4.60 to $4.80 per diluted share on a weather-normalized basis.Reported Earnings • May 02First quarter 2024 earnings released: EPS: US$0.15 (vs US$0.029 loss in 1Q 2023)First quarter 2024 results: EPS: US$0.15 (up from US$0.029 loss in 1Q 2023). Revenue: US$951.7m (flat on 1Q 2023). Net income: US$16.9m (up US$20.2m from 1Q 2023). Profit margin: 1.8% (up from net loss in 1Q 2023). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 4% per year.Upcoming Dividend • Apr 25Upcoming dividend of US$0.88 per shareEligible shareholders must have bought the stock before 30 April 2024. Payment date: 03 June 2024. Payout ratio is on the higher end at 79% but the company is not cash flow positive. Trailing yield: 4.7%. Lower than top quartile of British dividend payers (5.9%). Lower than average of industry peers (5.8%).Declared Dividend • Apr 23Fourth quarter dividend of US$0.88 announcedShareholders will receive a dividend of US$0.88. Ex-date: 30th April 2024 Payment date: 3rd June 2024 Dividend yield will be 4.7%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (79% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Apr 18Pinnacle West Declares Quarterly Dividend, Payable on June 3, 2024Pinnacle West Capital Corporation's board of directors declared a quarterly dividend of $0.88 per share of common stock, payable on June 3, 2024, to shareholders of record at the close of business on May 1, 2024.お知らせ • Apr 05Pinnacle West Capital Corporation, Annual General Meeting, May 22, 2024Pinnacle West Capital Corporation, Annual General Meeting, May 22, 2024, at 13:30 US Eastern Standard Time. Agenda: To elect nine Directors to serve until the 2025 Annual Meeting of Shareholders; to hold an advisory vote to approve executive compensation; and to ratify the appointment of our independent registered public accounting firm for the year ending December 31, 2024.お知らせ • Apr 03Pinnacle West Capital Corporation to Report Q1, 2024 Results on May 02, 2024Pinnacle West Capital Corporation announced that they will report Q1, 2024 results Pre-Market on May 02, 2024New Risk • Mar 07New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.9% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (8.9% increase in shares outstanding).お知らせ • Mar 01Pinnacle West Capital Corporation has completed a Follow-on Equity Offering in the amount of $649.999994 million.Pinnacle West Capital Corporation has completed a Follow-on Equity Offering in the amount of $649.999994 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 9,774,436 Price\Range: $66.5お知らせ • Feb 29+ 1 more updatePinnacle West Capital Corporation has filed a Follow-on Equity Offering in the amount of $650 million.Pinnacle West Capital Corporation has filed a Follow-on Equity Offering in the amount of $650 million. Security Name: Common Stock Security Type: Common StockReported Earnings • Feb 28Full year 2023 earnings released: EPS: US$4.42 (vs US$4.27 in FY 2022)Full year 2023 results: EPS: US$4.42 (up from US$4.27 in FY 2022). Revenue: US$4.70b (up 8.6% from FY 2022). Net income: US$501.6m (up 3.7% from FY 2022). Profit margin: 11% (in line with FY 2022). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.お知らせ • Jan 30Pinnacle West Capital Corporation to Report Q4, 2023 Results on Feb 27, 2024Pinnacle West Capital Corporation announced that they will report Q4, 2023 results Pre-Market on Feb 27, 2024Upcoming Dividend • Jan 24Upcoming dividend of US$0.88 per share at 5.1% yieldEligible shareholders must have bought the stock before 31 January 2024. Payment date: 01 March 2024. Payout ratio is on the higher end at 82% but the company is not cash flow positive. Trailing yield: 5.1%. Lower than top quartile of British dividend payers (6.0%). In line with average of industry peers (5.4%).Buying Opportunity • Dec 22Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be US$89.73, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has declined by 10%. For the next 3 years, revenue is forecast to grow by 3.4% per annum. Earnings is also forecast to grow by 8.2% per annum over the same time period.お知らせ • Dec 14Pinnacle West Capital Corporation Declares Quarterly Dividend, Payable on March 1, 2024Pinnacle West Capital Corporation’ board of directors declared a quarterly dividend of $0.88 per share of common stock, payable on March 1, 2024, to shareholders of record at the close of business on February 1, 2024.Buying Opportunity • Nov 18Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 6.5%. The fair value is estimated to be US$90.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has declined by 10%. For the next 3 years, revenue is forecast to grow by 3.5% per annum. Earnings is also forecast to grow by 8.4% per annum over the same time period.お知らせ • Nov 04Pinnacle West Capital Corporation Provides Earnings Guidance for the Year 2023Pinnacle West Capital Corporation provided earnings guidance for the year 2023. For the period, the company consolidated earnings guidance will be in the range of $4.10 to $4.30 per diluted share on a weather-normalized basis.Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: US$3.51 (vs US$2.88 in 3Q 2022)Third quarter 2023 results: EPS: US$3.51 (up from US$2.88 in 3Q 2022). Revenue: US$1.64b (up 11% from 3Q 2022). Net income: US$398.2m (up 22% from 3Q 2022). Profit margin: 24% (up from 22% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.9% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Oct 24Upcoming dividend of US$0.88 per share at 4.7% yieldEligible shareholders must have bought the stock before 31 October 2023. Payment date: 01 December 2023. Payout ratio is on the higher end at 96% but the company is not cash flow positive. Trailing yield: 4.7%. Lower than top quartile of British dividend payers (6.7%). Lower than average of industry peers (5.8%).お知らせ • Oct 19Pinnacle West Capital Corporation Declares Quarterly Dividend, Payable on December 1, 2023Pinnacle West Capital Corporation’s board of directors voted on October 18, 2023 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 $3.52 per share – or $0.88 per share quarterly. The declared quarterly dividend is payable December 1, 2023, to shareholders of record at the close of business November 1, 2023.お知らせ • Oct 05Pinnacle West Capital Corporation to Report Q3, 2023 Results on Nov 02, 2023Pinnacle West Capital Corporation announced that they will report Q3, 2023 results Pre-Market on Nov 02, 2023お知らせ • Aug 04Pinnacle West Capital Corporation Revises Consolidated Earnings Guidance for the Year 2023Pinnacle West Capital Corporation revised consolidated earnings guidance for the year 2023. For the year, the company expects consolidated earnings range to be $4.10 to $4.30 per diluted share on a weather-normalized basis from a previously disclosed range of $3.95 to $4.15 per diluted share.New Risk • Aug 04New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 95% The company is paying a dividend despite having no free cash flows. Dividend yield: 4.4% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.3x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 95% Paying a dividend despite having no free cash flows. Minor Risk Profit margins are more than 30% lower than last year (8.9% net profit margin).Reported Earnings • Aug 04Second quarter 2023 earnings released: EPS: US$0.94 (vs US$1.45 in 2Q 2022)Second quarter 2023 results: EPS: US$0.94 (down from US$1.45 in 2Q 2022). Revenue: US$1.12b (up 5.7% from 2Q 2022). Net income: US$106.7m (down 35% from 2Q 2022). Profit margin: 9.5% (down from 16% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 3.9% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Jul 24Upcoming dividend of US$0.86 per share at 4.1% yieldEligible shareholders must have bought the stock before 31 July 2023. Payment date: 01 September 2023. Payout ratio is on the higher end at 84% but the company is not cash flow positive. Trailing yield: 4.1%. Lower than top quartile of British dividend payers (6.0%). Lower than average of industry peers (5.2%).お知らせ • Jul 04Pinnacle West Capital Corporation to Report Q2, 2023 Results on Aug 03, 2023Pinnacle West Capital Corporation announced that they will report Q2, 2023 results Pre-Market on Aug 03, 2023お知らせ • Jun 22Pinnacle West Capital Corporation Declares Quarterly Dividend, Payable on September 1, 2023Pinnacle West Capital Corporation's board of directors declared a quarterly dividend of $0.865 per share of common stock, payable on September 1, 2023, to shareholders of record at the close of business on August 1, 2023.お知らせ • May 05Pinnacle West Capital Corporation Provides Financial Guidance for 2023Pinnacle West Capital Corporation provided financial guidance for 2023. For 2023, the company continues to project its consolidated earnings guidance will be in the range of $3.95 to $4.15 per diluted share on a weather-normalized basis.Reported Earnings • May 05First quarter 2023 earnings released: US$0.029 loss per share (vs US$0.15 profit in 1Q 2022)First quarter 2023 results: US$0.029 loss per share (down from US$0.15 profit in 1Q 2022). Revenue: US$945.0m (up 21% from 1Q 2022). Net loss: US$3.30m (down 119% from profit in 1Q 2022). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 3.9% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Reported Earnings • Feb 28Full year 2022 earnings released: EPS: US$4.27 (vs US$5.48 in FY 2021)Full year 2022 results: EPS: US$4.27 (down from US$5.48 in FY 2021). Revenue: US$4.32b (up 14% from FY 2021). Net income: US$483.6m (down 22% from FY 2021). Profit margin: 11% (down from 16% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 3.3% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 9% per year, which means it is performing significantly worse than earnings.お知らせ • Jan 27Pinnacle West Capital Corporation to Report Q4, 2022 Results on Feb 27, 2023Pinnacle West Capital Corporation announced that they will report Q4, 2022 results Pre-Market on Feb 27, 2023Upcoming Dividend • Jan 24Upcoming dividend of US$0.86 per share at 4.7% yieldEligible shareholders must have bought the stock before 31 January 2023. Payment date: 01 March 2023. Payout ratio is a comfortable 72% but the company is not cash flow positive. Trailing yield: 4.7%. Lower than top quartile of British dividend payers (5.5%). In line with average of industry peers (4.4%).Recent Insider Transactions • Dec 09Insider recently sold US$54k worth of stockOn the 6th of December, Barbara Lockwood sold around 689 shares on-market at roughly US$77.88 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$313k more than they bought in the last 12 months.Reported Earnings • Nov 04Third quarter 2022 earnings released: EPS: US$2.88 (vs US$3.01 in 3Q 2021)Third quarter 2022 results: EPS: US$2.88 (down from US$3.01 in 3Q 2021). Revenue: US$1.47b (up 12% from 3Q 2021). Net income: US$326.3m (down 4.0% from 3Q 2021). Profit margin: 22% (down from 26% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Upcoming Dividend • Oct 24Upcoming dividend of US$0.86 per shareEligible shareholders must have bought the stock before 31 October 2022. Payment date: 01 December 2022. Payout ratio is a comfortable 70% but the company is not cash flow positive. Trailing yield: 5.3%. Lower than top quartile of British dividend payers (6.2%). In line with average of industry peers (4.9%).Reported Earnings • Aug 04Second quarter 2022 earnings released: EPS: US$1.45 (vs US$1.91 in 2Q 2021)Second quarter 2022 results: EPS: US$1.45 (down from US$1.91 in 2Q 2021). Revenue: US$1.06b (up 6.1% from 2Q 2021). Net income: US$164.3m (down 24% from 2Q 2021). Profit margin: 16% (down from 22% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 2.3% compared to a 4.6% decline forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Upcoming Dividend • Jul 22Upcoming dividend of US$0.85 per shareEligible shareholders must have bought the stock before 29 July 2022. Payment date: 01 September 2022. Payout ratio is a comfortable 63% but the company is not cash flow positive. Trailing yield: 4.9%. Lower than top quartile of British dividend payers (5.3%). Higher than average of industry peers (4.4%).Recent Insider Transactions • May 19Insider recently sold US$259k worth of stockOn the 17th of May, Barbara Lockwood sold around 3k shares on-market at roughly US$74.25 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$471k more than they bought in the last 12 months.業績と収益の成長予測LSE:0KIT - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20286,282832N/A1,9261012/31/20275,937738N/A1,7661212/31/20265,528587N/A1,553123/31/20265,457654-1,0391,638N/A12/31/20255,340617-8671,805N/A9/30/20255,307594-7671,768N/A6/30/20255,255576-8391,736N/A3/31/20255,205587-7351,664N/A12/31/20245,125609-6881,610N/A9/30/20245,021616-7511,544N/A6/30/20244,890619-7151,307N/A3/31/20244,703522-6191,343N/A12/31/20234,696502-6821,208N/A9/30/20234,714478-7461,043N/A6/30/20234,546406-7351,091N/A3/31/20234,486463-6851,112N/A12/31/20224,324484-4941,241N/A9/30/20224,114535-5361,231N/A6/30/20223,952549-5211,136N/A3/31/20223,891600-523999N/A12/31/20213,804619-635860N/A9/30/20213,746572-528855N/A6/30/20213,692578-441910N/A3/31/20213,622556-385985N/A12/31/20203,587551-379966N/A9/30/20203,516634-428894N/A6/30/20203,453600-363980N/A3/31/20203,393550-321967N/A12/31/20193,471538N/A957N/A9/30/20193,557500N/A1,152N/A6/30/20193,634503N/A1,227N/A3/31/20193,739526N/A1,284N/A12/31/20183,691511N/A1,277N/A9/30/20183,695507N/A1,306N/A6/30/20183,610468N/A1,223N/A3/31/20183,580468N/A1,145N/A12/31/20173,565488N/A1,118N/A9/30/20173,545520N/A1,030N/A6/30/20173,528507N/A891N/A3/31/20173,499461N/A1,019N/A12/31/20163,499442N/A1,023N/A9/30/20163,494430N/A1,038N/A6/30/20163,526424N/A1,123N/A3/31/20163,501426N/A1,094N/A12/31/20153,495437N/A1,094N/A9/30/20153,487402N/A1,034N/A6/30/20153,461388N/A1,029N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 0KITの予測収益成長率 (年間10.1% ) は 貯蓄率 ( 3.4% ) を上回っています。収益対市場: 0KITの収益 ( 10.1% ) UK市場 ( 11.5% ) よりも低い成長が予測されています。高成長収益: 0KITの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: 0KITの収益 ( 5.1% ) UK市場 ( 4.5% ) よりも速いペースで成長すると予測されています。高い収益成長: 0KITの収益 ( 5.1% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 0KITの 自己資本利益率 は、3年後には低くなると予測されています ( 9.2 %)。成長企業の発掘7D1Y7D1Y7D1YUtilities 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/24 23:49終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Pinnacle West Capital Corporation 12 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。26 アナリスト機関Gary HovisArgus Research CompanyDaniel FordBarclaysNicholas CampanellaBarclays23 その他のアナリストを表示
お知らせ • Feb 25Pinnacle West Capital Corporation Provides Consolidated Earnings Guidance for the Year 2026Pinnacle West Capital Corporation provided consolidated earnings guidance for the year 2026. For the year, the company continues to estimate its consolidated earnings to be within a range of $4.55 to $4.75 per diluted share on a weather-normalized basis.
お知らせ • Nov 04+ 1 more updatePinnacle West Capital Corporation Revises Consolidated Earnings Guidance for the Year 2025Pinnacle West Capital Corporation revised consolidated earnings guidance for the year 2025. Given the positive customer and sales growth and impact of weather and through the first three quarters of the year – partially offset by higher than previously forecasted operations and maintenance expenses – the company is adjusting its 2025 consolidated earnings guidance upward to a range of $4.90 per diluted share to $5.10 per diluted share from $4.40 to $4.60 per diluted share.
お知らせ • Aug 06Pinnacle West Capital Corporation Provides Consolidated Earnings Guidance for the Year 2025Pinnacle West Capital Corporation provided consolidated earnings guidance for the year 2025. For the year, the company continues to estimate its consolidated earnings will be with in a range of $4.40 to $4.60 per diluted share on a weather-normalized basis.
お知らせ • Feb 26Pinnacle West Capital Corporation Provides Consolidated Earnings Guidance for the Full Year of 2025Pinnacle West Capital Corporation provided consolidated earnings guidance for the full year of 2025. For the year, the company expects consolidated earnings will be within a range of $4.40 to $4.60 per diluted share on a weather-normalized basis.
お知らせ • Nov 07+ 1 more updatePinnacle West Capital Corporation Provides Consolidated Earnings Guidance for the Full Year of 2025Pinnacle West Capital Corporation provided consolidated earnings guidance for the full year 2025. For the year 2025, the company estimates its consolidated earnings will be within a range of $4.40 to $4.60 per diluted share on a weather-normalized basis.
お知らせ • Aug 02Pinnacle West Capital Corporation Provides Consolidated Earnings Guidance for the Full Year 2024Pinnacle West Capital Corporation provided consolidated earnings guidance for the full year 2024. for the year, the company continues to estimate its consolidated earnings guidance will be in the range of $4.60 to $4.80 per diluted share.
Recent Insider Transactions • May 17Insider recently sold US$650k worth of stockOn the 13th of May, Jacob Tetlow sold around 7k shares on-market at roughly US$99.00 per share. This transaction amounted to 42% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.3m more than they bought in the last 12 months.
Reported Earnings • May 05First quarter 2026 earnings released: EPS: US$0.27 (vs US$0.039 loss in 1Q 2025)First quarter 2026 results: EPS: US$0.27 (up from US$0.039 loss in 1Q 2025). Revenue: US$1.15b (up 11% from 1Q 2025). Net income: US$32.9m (up US$37.6m from 1Q 2025). Profit margin: 2.9% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 9% per year.
Declared Dividend • Apr 26Fourth quarter dividend of US$0.91 announcedShareholders will receive a dividend of US$0.91. Ex-date: 4th May 2026 Payment date: 1st June 2026 Dividend yield will be 3.5%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 24% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 24Pinnacle West Capital Corporation announces Quarterly dividend, payable on June 01, 2026Pinnacle West Capital Corporation announced Quarterly dividend of USD 0.9100 per share payable on June 01, 2026, ex-date on May 04, 2026 and record date on May 04, 2026.
お知らせ • Apr 07Pinnacle West Capital Corporation to Report Q1, 2026 Results on May 04, 2026Pinnacle West Capital Corporation announced that they will report Q1, 2026 results at 9:30 AM, US Eastern Standard Time on May 04, 2026
お知らせ • Apr 06Pinnacle West Capital Corporation, Annual General Meeting, May 14, 2026Pinnacle West Capital Corporation, Annual General Meeting, May 14, 2026.
お知らせ • Feb 25Pinnacle West Capital Corporation Provides Consolidated Earnings Guidance for the Year 2026Pinnacle West Capital Corporation provided consolidated earnings guidance for the year 2026. For the year, the company continues to estimate its consolidated earnings to be within a range of $4.55 to $4.75 per diluted share on a weather-normalized basis.
お知らせ • Jan 27Pinnacle West Capital Corporation to Report Q4, 2025 Results on Feb 25, 2026Pinnacle West Capital Corporation announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Feb 25, 2026
Upcoming Dividend • Jan 26Upcoming dividend of US$0.91 per shareEligible shareholders must have bought the stock before 02 February 2026. Payment date: 02 March 2026. Payout ratio is a comfortable 71% but the company is not cash flow positive. Trailing yield: 3.9%. Lower than top quartile of British dividend payers (5.5%). In line with average of industry peers (4.0%).
Declared Dividend • Dec 14Third quarter dividend of US$0.91 announcedShareholders will receive a dividend of US$0.91. Ex-date: 2nd February 2026 Payment date: 2nd March 2026 Dividend yield will be 4.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (72% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Dec 11Pinnacle West Capital Corporation Declares Quarterly Dividend, Payable on March 2, 2026The board of directors of Pinnacle West Capital Corporation declared a quarterly dividend of $0.91 per share of common stock, payable on March 2, 2026, to shareholders of record at the close of business on February 2, 2026.
Reported Earnings • Nov 04Third quarter 2025 earnings released: EPS: US$3.45 (vs US$3.47 in 3Q 2024)Third quarter 2025 results: EPS: US$3.45. Revenue: US$1.82b (up 2.9% from 3Q 2024). Net income: US$413.2m (up 4.6% from 3Q 2024). Profit margin: 23% (in line with 3Q 2024). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Electric Utilities industry in Europe.
お知らせ • Nov 04+ 1 more updatePinnacle West Capital Corporation Revises Consolidated Earnings Guidance for the Year 2025Pinnacle West Capital Corporation revised consolidated earnings guidance for the year 2025. Given the positive customer and sales growth and impact of weather and through the first three quarters of the year – partially offset by higher than previously forecasted operations and maintenance expenses – the company is adjusting its 2025 consolidated earnings guidance upward to a range of $4.90 per diluted share to $5.10 per diluted share from $4.40 to $4.60 per diluted share.
Declared Dividend • Oct 27Second quarter dividend increased to US$0.91Dividend of US$0.91 is 1.7% higher than last year. Ex-date: 3rd November 2025 Payment date: 1st December 2025 Dividend yield will be 3.9%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (72% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 24% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Oct 23Pinnacle West Capital Corporation Declares Quarterly Dividend, Payable on December 1, 2025Pinnacle West Capital Corporation’s board of directors voted to raise the Company’s dividend by 1.7%, or 6 cents per common share annually. This action will result in an indicated annual dividend of $3.64 per share – or $0.91 per share quarterly. The declared quarterly dividend is payable December 1, 2025, to shareholders of record at the close of business November 3, 2025.
お知らせ • Oct 03Pinnacle West Capital Corporation to Report Q3, 2025 Results on Nov 03, 2025Pinnacle West Capital Corporation announced that they will report Q3, 2025 results Pre-Market on Nov 03, 2025
Recent Insider Transactions • Aug 13Insider recently sold US$600k worth of stockOn the 11th of August, Jacob Tetlow sold around 6k shares on-market at roughly US$92.37 per share. This transaction amounted to 72% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.8m more than they bought in the last 12 months.
Reported Earnings • Aug 06Second quarter 2025 earnings released: EPS: US$1.61 (vs US$1.79 in 2Q 2024)Second quarter 2025 results: EPS: US$1.61 (down from US$1.79 in 2Q 2024). Revenue: US$1.36b (up 3.8% from 2Q 2024). Net income: US$192.6m (down 5.5% from 2Q 2024). Profit margin: 14% (down from 16% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year and the company’s share price has also increased by 7% per year.
お知らせ • Aug 06Pinnacle West Capital Corporation Provides Consolidated Earnings Guidance for the Year 2025Pinnacle West Capital Corporation provided consolidated earnings guidance for the year 2025. For the year, the company continues to estimate its consolidated earnings will be with in a range of $4.40 to $4.60 per diluted share on a weather-normalized basis.
Upcoming Dividend • Jul 25Upcoming dividend of US$0.90 per shareEligible shareholders must have bought the stock before 01 August 2025. Payment date: 02 September 2025. Payout ratio is a comfortable 70% but the company is not cash flow positive. Trailing yield: 3.9%. Lower than top quartile of British dividend payers (5.4%). Lower than average of industry peers (4.5%).
お知らせ • Jul 08Pinnacle West Capital Corporation to Report Q2, 2025 Results on Aug 06, 2025Pinnacle West Capital Corporation announced that they will report Q2, 2025 results Pre-Market on Aug 06, 2025
Declared Dividend • Jun 22First quarter dividend of US$0.90 announcedShareholders will receive a dividend of US$0.90. Ex-date: 1st August 2025 Payment date: 2nd September 2025 Dividend yield will be 4.0%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 19% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jun 19Pinnacle West Capital Corporation Declares Quarterly Dividend, Payable on Sept. 2, 2025Pinnacle West Capital Corporation’s board of directors declared a quarterly dividend of $0.895 per share of common stock, payable on Sept. 2, 2025, to shareholders of record at the close of business on Aug. 1, 2025.
Reported Earnings • May 02First quarter 2025 earnings released: US$0.039 loss per share (vs US$0.15 profit in 1Q 2024)First quarter 2025 results: US$0.039 loss per share (down from US$0.15 profit in 1Q 2024). Revenue: US$1.03b (up 8.5% from 1Q 2024). Net loss: US$4.64m (down 127% from profit in 1Q 2024). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Apr 26Fourth quarter dividend of US$0.90 announcedShareholders will receive a dividend of US$0.90. Ex-date: 5th May 2025 Payment date: 2nd June 2025 Dividend yield will be 3.8%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (66% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 24Pinnacle West Capital Corporation Declares Quarterly Dividend, Payable on June 2, 2025Pinnacle West Capital Corporation’s board of directors declared a quarterly dividend of $0.895 per share of common stock, payable on June 2, 2025, to shareholders of record at the close of business on May 5, 2025.
Board Change • Apr 10High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Susan Flanagan was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Board Change • Apr 03High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. President of Arizona Public Service Company & Director Ted Geisler was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 02Pinnacle West Capital Corporation to Report Q1, 2025 Results on May 01, 2025Pinnacle West Capital Corporation announced that they will report Q1, 2025 results Pre-Market on May 01, 2025
お知らせ • Mar 07Pinnacle West Capital Corporation, Annual General Meeting, May 21, 2025Pinnacle West Capital Corporation, Annual General Meeting, May 21, 2025.
Reported Earnings • Feb 26Full year 2024 earnings released: EPS: US$5.35 (vs US$4.42 in FY 2023)Full year 2024 results: EPS: US$5.35 (up from US$4.42 in FY 2023). Revenue: US$5.12b (up 9.1% from FY 2023). Net income: US$608.8m (up 21% from FY 2023). Profit margin: 12% (up from 11% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 26Pinnacle West Capital Corporation Provides Consolidated Earnings Guidance for the Full Year of 2025Pinnacle West Capital Corporation provided consolidated earnings guidance for the full year of 2025. For the year, the company expects consolidated earnings will be within a range of $4.40 to $4.60 per diluted share on a weather-normalized basis.
お知らせ • Feb 22Pinnacle West Capital Corporation and Arizona Public Service Company Announces Management ChangesOn February 19, 2025, Pinnacle West Capital Corporation (“Pinnacle West”) and Arizona Public Service Company (“APS”) announced that Robert E. Smith was named Executive Vice President, Chief Legal Officer and Chief Development Officer of Pinnacle West and APS, respectively, and that Shirley A. Baum has been promoted to the position of Senior Vice President and General Counsel of Pinnacle West and APS, respectively. The changes are effective immediately. These changes are in support of a smooth transition of the duties and responsibilities of the General Counsel to Ms. Baum due to Mr. Smith’s planned retirement as an officer of Pinnacle West and APS on August 1, 2025.
お知らせ • Jan 28Pinnacle West Capital Corporation to Report Q4, 2024 Results on Feb 25, 2025Pinnacle West Capital Corporation announced that they will report Q4, 2024 results Pre-Market on Feb 25, 2025
Upcoming Dividend • Jan 27Upcoming dividend of US$0.90 per shareEligible shareholders must have bought the stock before 03 February 2025. Payment date: 03 March 2025. Payout ratio is a comfortable 65% but the company is not cash flow positive. Trailing yield: 4.2%. Lower than top quartile of British dividend payers (6.0%). Lower than average of industry peers (5.0%).
Declared Dividend • Dec 16Third quarter dividend of US$0.90 announcedShareholders will receive a dividend of US$0.90. Ex-date: 3rd February 2025 Payment date: 3rd March 2025 Dividend yield will be 4.0%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (65% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 7.9% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Dec 13+ 1 more updatePinnacle West Capital Corp. and Arizona Public Service Announce CEO ChangesPinnacle West Capital Corp. announced that Pinnacle West and Arizona Public Service (APS) Chairman and CEO Jeff Guldner will retire as CEO on March 31, 2025, after 5 years of leading the company. APS President Ted Geisler will assume the roles of Chairman of the Board, President and CEO of Pinnacle West and APS effective April 1, 2025. Guldner will remain employed by Pinnacle West in a non-executive advisory capacity to support a smooth transition through the end of March 2026. Geisler has been President of APS since 2022 and has held a series of leadership positions at the company during his 23-year career at APS. Geisler began his career at APS in 2001 and has held positions on the executive team since 2018, including the past two years as President. His leadership journey includes critical roles such as Chief Financial Officer, Chief Information Officer, General Manager of Transmission and Distribution Operations and Director of Corporate Strategy, as well as other key positions across operations and corporate resources. A third-generation Arizonan, Geisler is deeply committed to the community and is currently Chairman of the Board of the Arizona Chamber of Commerce and on the board of the Greater Phoenix Economic Council (GPEC). He sits on the W.P. Carey Dean’s Council at Arizona State University and recently was chosen as the 56th Fighter Wing Command Honorary Commander at Luke Air Force Base. He has previously served on the boards of Chicanos por la Causa and Boys and Girls Club of the Valley. Geisler earned a Bachelor of Science degree from Colorado State University and an MBA from Arizona State University. He is a graduate of the Nuclear Reactor Technology Course at the Massachusetts Institute of Technology and the Strategic Financial Leadership Program at Stanford University’s Graduate School of Business.
お知らせ • Dec 12Pinnacle West Capital Corporation Declares Quarterly Dividend, Payable on March 3, 2025Pinnacle West Capital Corporation’s board of directors declared a quarterly dividend of $0.895 per share of common stock, payable on March 3, 2025, to shareholders of record at the close of business on February 3, 2025.
Buy Or Sell Opportunity • Dec 11Now 20% undervaluedThe stock has been flat over the last 90 days, currently trading at US$89.40. The fair value is estimated to be US$112, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings are also forecast to grow by 5.8% per annum over the same time period.
Recent Insider Transactions • Nov 14Insider recently sold US$860k worth of stockOn the 13th of November, Jacob Tetlow sold around 9k shares on-market at roughly US$90.80 per share. This transaction amounted to 79% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.6m more than they bought in the last 12 months.
お知らせ • Nov 09Pinnacle West Capital Corporation has filed a Follow-on Equity Offering in the amount of $900 million.Pinnacle West Capital Corporation has filed a Follow-on Equity Offering in the amount of $900 million. Security Name: Common Stock Security Type: Common Stock Transaction Features: At the Market Offering
Buy Or Sell Opportunity • Nov 07Now 20% undervaluedOver the last 90 days, the stock has risen 3.0% to US$88.68. The fair value is estimated to be US$111, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 3.9% per annum. Earnings are also forecast to grow by 5.8% per annum over the same time period.
お知らせ • Nov 07+ 1 more updatePinnacle West Capital Corporation Provides Consolidated Earnings Guidance for the Full Year of 2025Pinnacle West Capital Corporation provided consolidated earnings guidance for the full year 2025. For the year 2025, the company estimates its consolidated earnings will be within a range of $4.40 to $4.60 per diluted share on a weather-normalized basis.
Reported Earnings • Nov 07Third quarter 2024 earnings released: EPS: US$3.47 (vs US$3.51 in 3Q 2023)Third quarter 2024 results: EPS: US$3.47 (down from US$3.51 in 3Q 2023). Revenue: US$1.77b (up 8.0% from 3Q 2023). Net income: US$395.0m (flat on 3Q 2023). Profit margin: 22% (down from 24% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
Declared Dividend • Oct 27Second quarter dividend increased to US$0.90Dividend of US$0.90 is 1.7% higher than last year. Ex-date: 4th November 2024 Payment date: 2nd December 2024 Dividend yield will be 4.0%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (64% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 7.5% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Oct 25Pinnacle West Capital Corporation Declares Quarterly Dividend, Payable on December 2, 2024Pinnacle West Capital Corporation’s board of directors voted 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 December 2, 2024, to shareholders of record at the close of business November 4, 2024.
お知らせ • Oct 04Pinnacle West Capital Corporation to Report Q3, 2024 Results on Nov 06, 2024Pinnacle West Capital Corporation announced that they will report Q3, 2024 results Pre-Market on Nov 06, 2024
Buy Or Sell Opportunity • Sep 27Now 20% undervaluedOver the last 90 days, the stock has risen 17% to US$88.78. The fair value is estimated to be US$112, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has declined by 5.2%. For the next 3 years, revenue is forecast to grow by 3.8% per annum. Earnings are also forecast to grow by 5.7% per annum over the same time period.
お知らせ • Sep 23Pinnacle West Capital Corporation(NYSE:PNW) dropped from FTSE All-World Index (USD)Pinnacle West Capital Corporation(NYSE:PNW) dropped from FTSE All-World Index (USD)
Buy Or Sell Opportunity • Aug 02Now 20% undervaluedOver the last 90 days, the stock has risen 15% to US$86.44. The fair value is estimated to be US$109, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has declined by 5.2%. For the next 3 years, revenue is forecast to grow by 3.8% per annum. Earnings are also forecast to grow by 5.5% per annum over the same time period.
お知らせ • Aug 02Pinnacle West Capital Corporation Provides Consolidated Earnings Guidance for the Full Year 2024Pinnacle West Capital Corporation provided consolidated earnings guidance for the full year 2024. for the year, the company continues to estimate its consolidated earnings guidance will be in the range of $4.60 to $4.80 per diluted share.
Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: US$1.79 (vs US$0.94 in 2Q 2023)Second quarter 2024 results: EPS: US$1.79 (up from US$0.94 in 2Q 2023). Revenue: US$1.31b (up 17% from 2Q 2023). Net income: US$203.8m (up 91% from 2Q 2023). Profit margin: 16% (up from 9.5% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Board Change • Aug 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Susan Flanagan was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Jul 25Upcoming dividend of US$0.88 per shareEligible shareholders must have bought the stock before 01 August 2024. Payment date: 03 September 2024. Payout ratio is on the higher end at 76% but the company is not cash flow positive. Trailing yield: 4.2%. Lower than top quartile of British dividend payers (5.5%). Lower than average of industry peers (5.0%).
お知らせ • Jul 04Pinnacle West Capital Corporation to Report Q2, 2024 Results on Aug 01, 2024Pinnacle West Capital Corporation announced that they will report Q2, 2024 results Pre-Market on Aug 01, 2024
Declared Dividend • Jun 22First quarter dividend of US$0.88 announcedShareholders will receive a dividend of US$0.88. Ex-date: 1st August 2024 Payment date: 3rd September 2024 Dividend yield will be 4.7%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (76% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jun 21Pinnacle West Capital Corp. Appoints Three New Members to Its Board of DirectorsPinnacle West Capital Corp. announced 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 portfolio management. The appointments, effective July 1, 2024 increase the number of Pinnacle West directors from nine to 12, of which 11 are independent members. Butler and Flanagan have been appointed to the Board’s Audit and Finance committees. Eicher joins the Audit and the Nuclear & Operating committees. Butler – a trusted advisor to Fortune 500 executives, corporate boards and audit committees across a broad set of industries including mining and metals, technology and consumer products – began his career in 1991 with KPMG in its Phoenix office. In 1995, he joined EY, becoming a Partner in 2004 and then being promoted to Managing Partner of the Arizona practice in 2008. Over his career, Butler has advised a diverse group of public and privately held companies ranging from middle-market to large multinational companies. He also serves as EY’s U.S Mining and Metals Leader. Butler received his Bachelor of Science degree in Accountancy from the University of Arizona and is the recipient of the University of Arizona Eller College Outstanding Alumnus (2024) and the University of Arizona Alumni Association Sidney S. Woods Alumni Service Award (2015). He is a licensed CPA in the State of Arizona and a member of the Arizona Society of CPA’s and the American Institute of Certified Public Accountants. Eicher possesses more than 30 years of experience in global manufacturing, operations and mergers and acquisitions. She is on the boards of The Tennant Company (NYSE: TNC), an industrial machinery company, and Arq Inc., a diversified, environmental technology company with products that enable a cleaner and safer planet while actively reducing its environmental impact. She also serves on two private company boards. Her senior leadership experience includes positions at The Dow Chemical Company, Rohm and Haas Company, Ashland Chemical Company and E.I. DuPont de Nemours and Company Inc. In her last executive role, Eicher served as CEO of Innocor Inc. from May 2014 to July 2017. Eicher holds a Bachelor of Science degree in Chemical Engineering from the University of Pennsylvania and a Master in Business Administration from York College of Pennsylvania. She volunteers as Chair of the Board of Directors for the Fairmount Park Conservancy and as Secretary of the Board of Trustees for York College of Pennsylvania. Flanagan – an experienced senior executive and subject matter expert in the energy and renewables sector – started her professional career as an aerospace engineer with General Electric (GE). Her subsequent experience spanned research and development and corporate finance at utilities Long Island Lighting Company and Dayton Power & Light; and M&A and due diligence at PricewaterhouseCoopers and Ernst & Young working closely with utilities and private equity. In 2005, Flanagan rejoined GE where she served in various senior roles, most notably as President and CEO of GE Capital’s Energy Financial Services business. Following her 2023 retirement from GE, she joined Apollo Global Management as an Operating Partner, where she advises on structured investment opportunities across the Energy value chain. Flanagan has a Bachelor of Science degree in mechanical engineering from Columbia University’s School of Engineering, and a Master of Science in Aerospace Engineering from the University of Cincinnati. She also earned an MBA from New York University'sStern School of Business. She has been actively engaged in energy transition issues and has addressed the World Economic Forum in Davos and other thought leadership venues. She served on the Columbia University School of Engineering'sBoard of Visitors.
お知らせ • Jun 20Pinnacle West Capital Corporation Declares Quarterly Dividend, Payable on September 3, 2024Pinnacle West Capital Corporation declared a quarterly dividend of $0.88 per share of common stock, payable on Sept. 3, 2024, to shareholders of record at the close of business on Aug. 1, 2024.
お知らせ • May 03Pinnacle West Capital Corporation Provides Consolidated Earnings Guidance for the Full Year 2024Pinnacle West Capital Corporation provided consolidated earnings guidance for the full year 2024. For the period, Company Expects earnings guidance will be in the range of $4.60 to $4.80 per diluted share on a weather-normalized basis.
Reported Earnings • May 02First quarter 2024 earnings released: EPS: US$0.15 (vs US$0.029 loss in 1Q 2023)First quarter 2024 results: EPS: US$0.15 (up from US$0.029 loss in 1Q 2023). Revenue: US$951.7m (flat on 1Q 2023). Net income: US$16.9m (up US$20.2m from 1Q 2023). Profit margin: 1.8% (up from net loss in 1Q 2023). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 4% per year.
Upcoming Dividend • Apr 25Upcoming dividend of US$0.88 per shareEligible shareholders must have bought the stock before 30 April 2024. Payment date: 03 June 2024. Payout ratio is on the higher end at 79% but the company is not cash flow positive. Trailing yield: 4.7%. Lower than top quartile of British dividend payers (5.9%). Lower than average of industry peers (5.8%).
Declared Dividend • Apr 23Fourth quarter dividend of US$0.88 announcedShareholders will receive a dividend of US$0.88. Ex-date: 30th April 2024 Payment date: 3rd June 2024 Dividend yield will be 4.7%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (79% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 18Pinnacle West Declares Quarterly Dividend, Payable on June 3, 2024Pinnacle West Capital Corporation's board of directors declared a quarterly dividend of $0.88 per share of common stock, payable on June 3, 2024, to shareholders of record at the close of business on May 1, 2024.
お知らせ • Apr 05Pinnacle West Capital Corporation, Annual General Meeting, May 22, 2024Pinnacle West Capital Corporation, Annual General Meeting, May 22, 2024, at 13:30 US Eastern Standard Time. Agenda: To elect nine Directors to serve until the 2025 Annual Meeting of Shareholders; to hold an advisory vote to approve executive compensation; and to ratify the appointment of our independent registered public accounting firm for the year ending December 31, 2024.
お知らせ • Apr 03Pinnacle West Capital Corporation to Report Q1, 2024 Results on May 02, 2024Pinnacle West Capital Corporation announced that they will report Q1, 2024 results Pre-Market on May 02, 2024
New Risk • Mar 07New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.9% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (8.9% increase in shares outstanding).
お知らせ • Mar 01Pinnacle West Capital Corporation has completed a Follow-on Equity Offering in the amount of $649.999994 million.Pinnacle West Capital Corporation has completed a Follow-on Equity Offering in the amount of $649.999994 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 9,774,436 Price\Range: $66.5
お知らせ • Feb 29+ 1 more updatePinnacle West Capital Corporation has filed a Follow-on Equity Offering in the amount of $650 million.Pinnacle West Capital Corporation has filed a Follow-on Equity Offering in the amount of $650 million. Security Name: Common Stock Security Type: Common Stock
Reported Earnings • Feb 28Full year 2023 earnings released: EPS: US$4.42 (vs US$4.27 in FY 2022)Full year 2023 results: EPS: US$4.42 (up from US$4.27 in FY 2022). Revenue: US$4.70b (up 8.6% from FY 2022). Net income: US$501.6m (up 3.7% from FY 2022). Profit margin: 11% (in line with FY 2022). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
お知らせ • Jan 30Pinnacle West Capital Corporation to Report Q4, 2023 Results on Feb 27, 2024Pinnacle West Capital Corporation announced that they will report Q4, 2023 results Pre-Market on Feb 27, 2024
Upcoming Dividend • Jan 24Upcoming dividend of US$0.88 per share at 5.1% yieldEligible shareholders must have bought the stock before 31 January 2024. Payment date: 01 March 2024. Payout ratio is on the higher end at 82% but the company is not cash flow positive. Trailing yield: 5.1%. Lower than top quartile of British dividend payers (6.0%). In line with average of industry peers (5.4%).
Buying Opportunity • Dec 22Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be US$89.73, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has declined by 10%. For the next 3 years, revenue is forecast to grow by 3.4% per annum. Earnings is also forecast to grow by 8.2% per annum over the same time period.
お知らせ • Dec 14Pinnacle West Capital Corporation Declares Quarterly Dividend, Payable on March 1, 2024Pinnacle West Capital Corporation’ board of directors declared a quarterly dividend of $0.88 per share of common stock, payable on March 1, 2024, to shareholders of record at the close of business on February 1, 2024.
Buying Opportunity • Nov 18Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 6.5%. The fair value is estimated to be US$90.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has declined by 10%. For the next 3 years, revenue is forecast to grow by 3.5% per annum. Earnings is also forecast to grow by 8.4% per annum over the same time period.
お知らせ • Nov 04Pinnacle West Capital Corporation Provides Earnings Guidance for the Year 2023Pinnacle West Capital Corporation provided earnings guidance for the year 2023. For the period, the company consolidated earnings guidance will be in the range of $4.10 to $4.30 per diluted share on a weather-normalized basis.
Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: US$3.51 (vs US$2.88 in 3Q 2022)Third quarter 2023 results: EPS: US$3.51 (up from US$2.88 in 3Q 2022). Revenue: US$1.64b (up 11% from 3Q 2022). Net income: US$398.2m (up 22% from 3Q 2022). Profit margin: 24% (up from 22% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.9% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Oct 24Upcoming dividend of US$0.88 per share at 4.7% yieldEligible shareholders must have bought the stock before 31 October 2023. Payment date: 01 December 2023. Payout ratio is on the higher end at 96% but the company is not cash flow positive. Trailing yield: 4.7%. Lower than top quartile of British dividend payers (6.7%). Lower than average of industry peers (5.8%).
お知らせ • Oct 19Pinnacle West Capital Corporation Declares Quarterly Dividend, Payable on December 1, 2023Pinnacle West Capital Corporation’s board of directors voted on October 18, 2023 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 $3.52 per share – or $0.88 per share quarterly. The declared quarterly dividend is payable December 1, 2023, to shareholders of record at the close of business November 1, 2023.
お知らせ • Oct 05Pinnacle West Capital Corporation to Report Q3, 2023 Results on Nov 02, 2023Pinnacle West Capital Corporation announced that they will report Q3, 2023 results Pre-Market on Nov 02, 2023
お知らせ • Aug 04Pinnacle West Capital Corporation Revises Consolidated Earnings Guidance for the Year 2023Pinnacle West Capital Corporation revised consolidated earnings guidance for the year 2023. For the year, the company expects consolidated earnings range to be $4.10 to $4.30 per diluted share on a weather-normalized basis from a previously disclosed range of $3.95 to $4.15 per diluted share.
New Risk • Aug 04New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 95% The company is paying a dividend despite having no free cash flows. Dividend yield: 4.4% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.3x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 95% Paying a dividend despite having no free cash flows. Minor Risk Profit margins are more than 30% lower than last year (8.9% net profit margin).
Reported Earnings • Aug 04Second quarter 2023 earnings released: EPS: US$0.94 (vs US$1.45 in 2Q 2022)Second quarter 2023 results: EPS: US$0.94 (down from US$1.45 in 2Q 2022). Revenue: US$1.12b (up 5.7% from 2Q 2022). Net income: US$106.7m (down 35% from 2Q 2022). Profit margin: 9.5% (down from 16% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 3.9% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Jul 24Upcoming dividend of US$0.86 per share at 4.1% yieldEligible shareholders must have bought the stock before 31 July 2023. Payment date: 01 September 2023. Payout ratio is on the higher end at 84% but the company is not cash flow positive. Trailing yield: 4.1%. Lower than top quartile of British dividend payers (6.0%). Lower than average of industry peers (5.2%).
お知らせ • Jul 04Pinnacle West Capital Corporation to Report Q2, 2023 Results on Aug 03, 2023Pinnacle West Capital Corporation announced that they will report Q2, 2023 results Pre-Market on Aug 03, 2023
お知らせ • Jun 22Pinnacle West Capital Corporation Declares Quarterly Dividend, Payable on September 1, 2023Pinnacle West Capital Corporation's board of directors declared a quarterly dividend of $0.865 per share of common stock, payable on September 1, 2023, to shareholders of record at the close of business on August 1, 2023.
お知らせ • May 05Pinnacle West Capital Corporation Provides Financial Guidance for 2023Pinnacle West Capital Corporation provided financial guidance for 2023. For 2023, the company continues to project its consolidated earnings guidance will be in the range of $3.95 to $4.15 per diluted share on a weather-normalized basis.
Reported Earnings • May 05First quarter 2023 earnings released: US$0.029 loss per share (vs US$0.15 profit in 1Q 2022)First quarter 2023 results: US$0.029 loss per share (down from US$0.15 profit in 1Q 2022). Revenue: US$945.0m (up 21% from 1Q 2022). Net loss: US$3.30m (down 119% from profit in 1Q 2022). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 3.9% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Reported Earnings • Feb 28Full year 2022 earnings released: EPS: US$4.27 (vs US$5.48 in FY 2021)Full year 2022 results: EPS: US$4.27 (down from US$5.48 in FY 2021). Revenue: US$4.32b (up 14% from FY 2021). Net income: US$483.6m (down 22% from FY 2021). Profit margin: 11% (down from 16% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 3.3% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 9% per year, which means it is performing significantly worse than earnings.
お知らせ • Jan 27Pinnacle West Capital Corporation to Report Q4, 2022 Results on Feb 27, 2023Pinnacle West Capital Corporation announced that they will report Q4, 2022 results Pre-Market on Feb 27, 2023
Upcoming Dividend • Jan 24Upcoming dividend of US$0.86 per share at 4.7% yieldEligible shareholders must have bought the stock before 31 January 2023. Payment date: 01 March 2023. Payout ratio is a comfortable 72% but the company is not cash flow positive. Trailing yield: 4.7%. Lower than top quartile of British dividend payers (5.5%). In line with average of industry peers (4.4%).
Recent Insider Transactions • Dec 09Insider recently sold US$54k worth of stockOn the 6th of December, Barbara Lockwood sold around 689 shares on-market at roughly US$77.88 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$313k more than they bought in the last 12 months.
Reported Earnings • Nov 04Third quarter 2022 earnings released: EPS: US$2.88 (vs US$3.01 in 3Q 2021)Third quarter 2022 results: EPS: US$2.88 (down from US$3.01 in 3Q 2021). Revenue: US$1.47b (up 12% from 3Q 2021). Net income: US$326.3m (down 4.0% from 3Q 2021). Profit margin: 22% (down from 26% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Oct 24Upcoming dividend of US$0.86 per shareEligible shareholders must have bought the stock before 31 October 2022. Payment date: 01 December 2022. Payout ratio is a comfortable 70% but the company is not cash flow positive. Trailing yield: 5.3%. Lower than top quartile of British dividend payers (6.2%). In line with average of industry peers (4.9%).
Reported Earnings • Aug 04Second quarter 2022 earnings released: EPS: US$1.45 (vs US$1.91 in 2Q 2021)Second quarter 2022 results: EPS: US$1.45 (down from US$1.91 in 2Q 2021). Revenue: US$1.06b (up 6.1% from 2Q 2021). Net income: US$164.3m (down 24% from 2Q 2021). Profit margin: 16% (down from 22% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 2.3% compared to a 4.6% decline forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Jul 22Upcoming dividend of US$0.85 per shareEligible shareholders must have bought the stock before 29 July 2022. Payment date: 01 September 2022. Payout ratio is a comfortable 63% but the company is not cash flow positive. Trailing yield: 4.9%. Lower than top quartile of British dividend payers (5.3%). Higher than average of industry peers (4.4%).
Recent Insider Transactions • May 19Insider recently sold US$259k worth of stockOn the 17th of May, Barbara Lockwood sold around 3k shares on-market at roughly US$74.25 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$471k more than they bought in the last 12 months.