Entering text into the input field will update the search result below

Pinnacle West: Bare-Bones Upside, Time For Some Calls


  • PNW is a company where I left behind most of what was a large investment stake when the company's troubles became clearer.
  • I came out in the green and reinvested into other utility plays - but I keep an eye on PNW, and when the company drops below $65, I "BUY".
  • There was recently a "BUY" and now I'm revisiting the upside at $76/share.
  • Looking for more investing ideas like this one? Get them exclusively at iREIT on Alpha. Learn More »

Concentrated engineer working with laptop during night shift in gas and oil industry station.


Dear readers/followers

Utility plays are probably one of the safest income generators you could go for in terms of overall dividend safety and stability/growth. At least, that's generally the case. Because a utility's income is dependent on rate bases

I also run a global subscriber service founded on the principles of capital preservation, dividends, and conservative investing. Come join us!

This article was written by

Wolf Report profile picture

Wolf Report is a senior analyst and private portfolio manager with over 10 years generating value ideas in European and North American markets.

He is a contributing author for the investing group iREIT on Alpha where in addition to the U.S. market, he covers the markets of Scandinavia, Germany, France, UK, Italy, Spain, Portugal and Eastern Europe in search of reasonably valued stock ideas. Learn more.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of ENLAY, PNW either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

While this article may sound like financial advice, please observe that the author is not a CFA or in any way licensed to give financial advice. It may be structured as such, but it is not financial advice. Investors are required and expected to do their own due diligence and research prior to any investment. Short-term trading, options trading/investment, and futures trading are potentially extremely risky investment styles. They generally are not appropriate for someone with limited capital, limited investment experience, or a lack of understanding for the necessary risk tolerance involved. The author's intent is never to give personalized financial advice, and publications are to be viewed as research and company interest pieces. The author owns the European/Scandinavian tickers (not the ADRs) of all European/Scandinavian companies listed in the articles. The author owns the Canadian tickers of all Canadian stocks written about.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

Comments (6)

Nibble at sub-$70. Buy at $65 and lower. There is no price worth investing my war chest without another rate case. It's not like PNW's business model is broken with a fair / accomodating state regulatory body. But the regulatory body could put rate payers at risk with not allowing a fair and respectable utility cost recover rate.
Optionputter profile picture
It’s very comforting to see that your price predictions align perfectly with my own, except I use short term options, like $80 calls for 1/20/2023 with $0.90 premium, is looking good now. However, I’m looking for big generators that can sell wholesale, presuming increasing power demand. Does this apply to PNW, or are they regulation-bound?
As I write this PNW is trading around $74 and change. It pays a dividend yield of 4.55%.
That is pretty nice.
The growth of businesses and people in the PNW service area continues to increase. Huge employers are building in that service area and those companies are large publicly traded companies.
Small business growth dovetails that and Arizona has a economic history that is often better than the national economy.
tensei profile picture

what about the utility regulator?
Old Professor profile picture
Arizona has terrible utility regulation.

There's "constructive," "neutral," then "non-constructive," a euphemism for "destructive."

Arizona's regulation is "destructive," among of the worse in the U. S. For investors, this means--and has meant for some time now--value destruction.
tensei profile picture
Pnw is overvalued rn
Disagree with this article? Submit your own. To report a factual error in this article, . Your feedback matters to us!

About PNW

SymbolLast Price% Chg
Market Cap
Yield (TTM)
Rev Growth (YoY)
Short Interest
Prev. Close
Compare to Peers

More on PNW

Related Stocks

SymbolLast Price% Chg
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.