Pinnacle West Capital Corporation (PNW) has been a noteworthy topic in recent financial news. Lately, the company's stocks have shown some
underperformance against competitors on certain days but also displaying significant
resilience and outperformance on others. There's been notable
investment activity around PNW with firms like Wealth Enhancement Advisory Services LLC selling their shares and Allspring Global Investments and Mirador Capital Partners acquiring more stakes. Notably, The company is
dominated by institutional owners with an 87% ownership stake. However, the company's stock has been said to be
undervalued by 23%, and investment analysis seem to favor the PNW stock. Q1 2024 earnings for PNW have
exceeded revenue expectations, despite the report of a 1.3% loss for investors over the last five years. A new price target for PNW has been set at $78 by Barclays, but another one has been lowered to $72 by Morgan Stanley. In addition, PNW has declared a
quarterly dividend of $0.88. The company's management team is undergoing some changes with the forthcoming retirement of Don Brandt, the chairman.
Pinnacle West Capital Corporation PNW News Analytics from Mon, 15 Jun 2015 17:17:51 GMT to Sun, 07 Jul 2024 14:18:47 GMT -
Rating 2
- Innovation -2
- Information 5
- Rumor -3
