Pinnacle West Capital Corp (PNW) has seen various stock movements from both underperforming to outperforming the market in recent times. Multiple firms, including
MQS Management LLC, ING Groep NV, Empower Advisory Group LLC, and more, have either grown, reduced, or initiated positions in the company. The executive vice president and chief operating officer sold shares worth $860,239. A rise in dividend payouts, increasing to $0.895, has been noted, along with updated FY24 and FY25 Earnings Guidance. The company's Q3 2024 earnings beat estimates in revenue but fell behind in earnings per share. Investment firms are indicating regulatory support and have set an average stock target price at $80.79. It's also important to note that the company declared a quarterly dividend and drew attention for a
21% Discount Trade at one point. Despite this, their business has yet to catch up with the share price according to analysts. In terms of financial performance, the company reported lower Q3 2024 earnings, but the outlook remains positive with a composite rating rise to 96.
Pinnacle West Capital Corporation PNW News Analytics from Fri, 21 Apr 2023 07:00:00 GMT to Fri, 15 Nov 2024 22:19:00 GMT -
Rating 2
- Innovation -3
- Information 7
- Rumor -5