Pinnacle West Capital Stock Shares Outstanding

PNW Stock  USD 74.03  2.04  2.83%   
Pinnacle West Capital fundamentals help investors to digest information that contributes to Pinnacle West's financial success or failures. It also enables traders to predict the movement of Pinnacle Stock. The fundamental analysis module provides a way to measure Pinnacle West's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Pinnacle West stock.
Common Stock Shares Outstanding is likely to drop to about 105.8 M in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Pinnacle Shares Outstanding Analysis

Pinnacle West's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total8.2B8.9B10.3B10.8B
Total Assets22.0B22.7B24.7B14.0B

Shares Outstanding

 = 

Public Shares

-

Repurchased

More About Shares Outstanding | All Equity Analysis

Current Pinnacle West Shares Outstanding

    
  113.43 M  
Most of Pinnacle West's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Pinnacle West Capital is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Pinnacle Shares Outstanding Driver Correlations

Understanding the fundamental principles of building solid financial models for Pinnacle West is extremely important. It helps to project a fair market value of Pinnacle Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Pinnacle West's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Pinnacle West's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Pinnacle West's interrelated accounts and indicators.
0.920.980.70.980.880.810.67-0.571.00.890.320.85-0.810.780.80.950.06-0.510.73-0.130.740.870.890.870.240.160.74-0.250.22
0.920.970.530.960.790.720.7-0.770.890.750.240.94-0.870.760.720.790.25-0.460.580.030.80.70.70.670.160.150.52-0.230.11
0.980.970.621.00.840.760.67-0.670.960.810.260.92-0.850.80.780.890.21-0.520.69-0.070.780.80.810.770.170.190.62-0.240.16
0.70.530.620.640.720.690.71-0.390.720.770.720.44-0.530.820.890.81-0.42-0.50.62-0.40.550.910.880.910.70.030.95-0.510.83
0.980.961.00.640.850.770.67-0.650.970.820.270.91-0.850.80.790.910.19-0.540.71-0.090.780.810.820.790.180.20.64-0.250.17
0.880.790.840.720.850.890.55-0.380.880.910.520.77-0.840.670.720.82-0.14-0.50.61-0.050.560.760.790.820.39-0.020.77-0.280.38
0.810.720.760.690.770.890.48-0.460.820.940.540.72-0.790.560.580.76-0.27-0.280.40.050.380.690.750.760.39-0.070.75-0.220.38
0.670.70.670.710.670.550.48-0.60.660.540.580.57-0.550.820.810.630.06-0.480.67-0.410.780.790.680.670.560.110.59-0.590.5
-0.57-0.77-0.67-0.39-0.65-0.38-0.46-0.6-0.53-0.43-0.22-0.70.62-0.6-0.51-0.46-0.230.25-0.15-0.06-0.63-0.45-0.4-0.38-0.16-0.09-0.290.21-0.21
1.00.890.960.720.970.880.820.66-0.530.910.330.81-0.780.770.80.960.01-0.50.73-0.150.720.890.920.890.270.150.77-0.260.24
0.890.750.810.770.820.910.940.54-0.430.910.460.69-0.760.610.680.89-0.27-0.360.54-0.050.470.810.880.890.380.00.86-0.190.39
0.320.240.260.720.270.520.540.58-0.220.330.460.2-0.30.490.530.31-0.51-0.330.27-0.460.260.580.470.540.97-0.30.66-0.810.78
0.850.940.920.440.910.770.720.57-0.70.810.690.2-0.940.70.650.680.32-0.370.470.140.660.560.560.520.090.140.39-0.170.08
-0.81-0.87-0.85-0.53-0.85-0.84-0.79-0.550.62-0.78-0.76-0.3-0.94-0.67-0.66-0.68-0.180.38-0.41-0.15-0.52-0.56-0.57-0.57-0.16-0.17-0.50.12-0.24
0.780.760.80.820.80.670.560.82-0.60.770.610.490.7-0.670.980.780.0-0.590.69-0.260.820.850.780.760.480.110.69-0.480.58
0.80.720.780.890.790.720.580.81-0.510.80.680.530.65-0.660.980.84-0.06-0.60.75-0.350.780.910.850.840.520.140.79-0.480.65
0.950.790.890.810.910.820.760.63-0.460.960.890.310.68-0.680.780.84-0.09-0.530.77-0.20.690.920.970.950.270.210.85-0.210.36
0.060.250.21-0.420.19-0.14-0.270.06-0.230.01-0.27-0.510.32-0.180.0-0.06-0.09-0.120.09-0.050.16-0.18-0.26-0.32-0.550.4-0.490.17-0.57
-0.51-0.46-0.52-0.5-0.54-0.5-0.28-0.480.25-0.5-0.36-0.33-0.370.38-0.59-0.6-0.53-0.12-0.670.39-0.47-0.6-0.51-0.54-0.34-0.16-0.460.51-0.29
0.730.580.690.620.710.610.40.67-0.150.730.540.270.47-0.410.690.750.770.09-0.67-0.450.710.810.770.740.270.250.6-0.420.25
-0.130.03-0.07-0.4-0.09-0.050.05-0.41-0.06-0.15-0.05-0.460.14-0.15-0.26-0.35-0.2-0.050.39-0.45-0.15-0.47-0.32-0.34-0.53-0.24-0.370.66-0.37
0.740.80.780.550.780.560.380.78-0.630.720.470.260.66-0.520.820.780.690.16-0.470.71-0.150.730.670.630.250.090.47-0.360.22
0.870.70.80.910.810.760.690.79-0.450.890.810.580.56-0.560.850.910.92-0.18-0.60.81-0.470.730.970.960.570.140.9-0.520.56
0.890.70.810.880.820.790.750.68-0.40.920.880.470.56-0.570.780.850.97-0.26-0.510.77-0.320.670.970.990.440.150.92-0.330.49
0.870.670.770.910.790.820.760.67-0.380.890.890.540.52-0.570.760.840.95-0.32-0.540.74-0.340.630.960.990.510.10.96-0.360.56
0.240.160.170.70.180.390.390.56-0.160.270.380.970.09-0.160.480.520.27-0.55-0.340.27-0.530.250.570.440.51-0.340.63-0.870.78
0.160.150.190.030.2-0.02-0.070.11-0.090.150.0-0.30.14-0.170.110.140.210.4-0.160.25-0.240.090.140.150.1-0.340.020.21-0.1
0.740.520.620.950.640.770.750.59-0.290.770.860.660.39-0.50.690.790.85-0.49-0.460.6-0.370.470.90.920.960.630.02-0.40.72
-0.25-0.23-0.24-0.51-0.25-0.28-0.22-0.590.21-0.26-0.19-0.81-0.170.12-0.48-0.48-0.210.170.51-0.420.66-0.36-0.52-0.33-0.36-0.870.21-0.4-0.51
0.220.110.160.830.170.380.380.5-0.210.240.390.780.08-0.240.580.650.36-0.57-0.290.25-0.370.220.560.490.560.78-0.10.72-0.51
Click cells to compare fundamentals
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition

Pinnacle Common Stock Shares Outstanding

Common Stock Shares Outstanding

105.79 Million

At this time, Pinnacle West's Common Stock Shares Outstanding is fairly stable compared to the past year.
Based on the latest financial disclosure, Pinnacle West Capital has 113.43 M of shares currently outstending. This is 88.75% lower than that of the Electric Utilities sector and significantly higher than that of the Utilities industry. The shares outstanding for all United States stocks is 80.16% higher than that of the company.

Pinnacle Shares Outstanding Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Pinnacle West's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Pinnacle West could also be used in its relative valuation, which is a method of valuing Pinnacle West by comparing valuation metrics of similar companies.
Pinnacle West is currently under evaluation in shares outstanding category among related companies.

Pinnacle West ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Pinnacle West's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Pinnacle West's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Pinnacle Fundamentals

About Pinnacle West Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Pinnacle West Capital's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pinnacle West using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pinnacle West Capital based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2024
Common Stock Shares Outstanding113.8 M105.8 M

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Pinnacle West Capital using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
When determining whether Pinnacle West Capital is a strong investment it is important to analyze Pinnacle West's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pinnacle West's future performance. For an informed investment choice regarding Pinnacle Stock, refer to the following important reports:
Check out Pinnacle West Piotroski F Score and Pinnacle West Altman Z Score analysis.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Complementary Tools for Pinnacle Stock analysis

When running Pinnacle West's price analysis, check to measure Pinnacle West's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pinnacle West is operating at the current time. Most of Pinnacle West's value examination focuses on studying past and present price action to predict the probability of Pinnacle West's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pinnacle West's price. Additionally, you may evaluate how the addition of Pinnacle West to your portfolios can decrease your overall portfolio volatility.
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Is Pinnacle West's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Pinnacle West. If investors know Pinnacle will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Pinnacle West listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.215
Dividend Share
3.475
Earnings Share
4.41
Revenue Per Share
41.396
Quarterly Revenue Growth
(0.02)
The market value of Pinnacle West Capital is measured differently than its book value, which is the value of Pinnacle that is recorded on the company's balance sheet. Investors also form their own opinion of Pinnacle West's value that differs from its market value or its book value, called intrinsic value, which is Pinnacle West's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pinnacle West's market value can be influenced by many factors that don't directly affect Pinnacle West's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Pinnacle West's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pinnacle West is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pinnacle West's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.