Avista (NYSE:AVA) Issues FY 2025 Earnings Guidance

Key Points

• Avista has issued a FY 2025 earnings guidance with anticipated earnings per share (EPS) between $2.520 and $2.720, slightly below the consensus estimate of $2.530.
• The company reported a quarterly dividend of $0.49 per share, reflecting a 5.3% yield and an annualized total of $1.96 per share.
• Avista's stock increased by 1.8% during trading, reaching $37.32, with a current market capitalization of $3.01 billion.

Avista (NYSE:AVA - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 2.520-2.720 for the period, compared to the consensus EPS estimate of 2.530. The company issued revenue guidance of -.

Avista Trading Up 1.8%

AVA traded up $0.65 during mid-day trading on Thursday, reaching $37.32. The stock had a trading volume of 934,551 shares, compared to its average volume of 734,923. The firm's fifty day simple moving average is $37.70 and its two-hundred day simple moving average is $38.72. Avista has a 52 week low of $34.80 and a 52 week high of $43.09. The stock has a market capitalization of $3.01 billion, a P/E ratio of 15.95, a P/E/G ratio of 2.53 and a beta of 0.40. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.64 and a current ratio of 0.93.

Avista (NYSE:AVA - Get Free Report) last announced its earnings results on Wednesday, August 6th. The utilities provider reported $0.17 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.11). The company had revenue of $400.00 million for the quarter, compared to the consensus estimate of $416.06 million. Avista had a return on equity of 7.28% and a net margin of 9.63%. During the same period in the previous year, the firm posted $0.29 EPS. On average, equities analysts predict that Avista will post 2.3 EPS for the current year.

Avista Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Shareholders of record on Tuesday, August 19th will be given a dividend of $0.49 per share. This represents a $1.96 dividend on an annualized basis and a yield of 5.3%. Avista's payout ratio is currently 83.76%.

Insider Activity

In related news, VP Scott J. Kinney sold 1,024 shares of Avista stock in a transaction that occurred on Thursday, June 12th. The stock was sold at an average price of $37.82, for a total transaction of $38,727.68. Following the sale, the vice president directly owned 11,515 shares in the company, valued at $435,497.30. The trade was a 8.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.96% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Royal Bank of Canada lifted its holdings in shares of Avista by 5.3% during the first quarter. Royal Bank of Canada now owns 65,494 shares of the utilities provider's stock worth $2,741,000 after purchasing an additional 3,296 shares during the period. AQR Capital Management LLC boosted its position in shares of Avista by 11.1% during the 1st quarter. AQR Capital Management LLC now owns 69,831 shares of the utilities provider's stock valued at $2,924,000 after acquiring an additional 6,967 shares during the last quarter. United Services Automobile Association acquired a new stake in Avista during the first quarter worth $201,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Avista by 26.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 283,182 shares of the utilities provider's stock valued at $11,857,000 after acquiring an additional 58,504 shares during the period. Finally, Strs Ohio acquired a new position in Avista in the 1st quarter valued at about $134,000. Hedge funds and other institutional investors own 85.24% of the company's stock.

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.

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