Avista (AVA) to Release Quarterly Earnings on Wednesday

Avista (NYSE:AVA - Get Free Report) is expected to announce its Q1 2025 earnings results before the market opens on Wednesday, May 7th. Analysts expect Avista to post earnings of $0.93 per share and revenue of $636.30 million for the quarter. Avista has set its FY 2025 guidance at 2.520-2.720 EPS.

Avista (NYSE:AVA - Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The utilities provider reported $0.84 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.86 by ($0.02). Avista had a return on equity of 7.83% and a net margin of 10.24%. The firm had revenue of $517.00 million during the quarter, compared to the consensus estimate of $487.48 million. On average, analysts expect Avista to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Avista Stock Performance

Shares of Avista stock traded up $0.58 during mid-day trading on Friday, hitting $41.81. 539,863 shares of the stock were exchanged, compared to its average volume of 573,129. The company has a market capitalization of $3.36 billion, a P/E ratio of 16.66, a P/E/G ratio of 2.56 and a beta of 0.38. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.48 and a current ratio of 0.75. The company has a 50-day simple moving average of $40.50 and a 200 day simple moving average of $38.33. Avista has a 12 month low of $33.45 and a 12 month high of $43.09.

Avista Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Tuesday, May 13th will be issued a $0.49 dividend. This represents a $1.96 dividend on an annualized basis and a dividend yield of 4.69%. The ex-dividend date is Tuesday, May 13th. Avista's dividend payout ratio (DPR) is currently 86.34%.

Insider Transactions at Avista

In related news, VP Scott J. Kinney sold 2,298 shares of the business's stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $38.75, for a total transaction of $89,047.50. Following the sale, the vice president now directly owns 12,539 shares in the company, valued at approximately $485,886.25. The trade was a 15.49 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.96% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reduced their price objective on Avista from $40.00 to $39.00 and set a "hold" rating for the company in a report on Tuesday, January 28th.

Avista Company Profile

Avista Corporation, together with its subsidiaries, operates as an electric and natural gas utility company. It operates in two segments, Avista Utilities and AEL&P. The Avista Utilities segment provides electric distribution and transmission, and natural gas distribution services in parts of eastern Washington and northern Idaho; and natural gas distribution services in parts of northeastern and southwestern Oregon, as well as generates electricity in Washington, Idaho, Oregon, and Montana.