PNW · News · 20260808N

Guidance / Outlook

PINNACLE WEST CAPITAL CORP · 2026-08-08 · Importance 62 · Surprise 68

Pinnacle West reaffirmed its 2026 earnings guidance of $4.55–$4.75 per share and expects to finish near the high end of that range. Management targets 5%–7% long-term EPS growth and 5%–7% weather-normalized sales growth through 2030. The outlook is supported by customer expansion and rising electricity demand from data centers, advanced manufacturing, residential customers, and commercial customers in Arizona.

Key facts

• The company stated a dividend payout ratio target of 65%-75%. source