Avista (NYSE:AVA) Releases FY 2025 Earnings Guidance

Avista (NYSE:AVA - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 2.520-2.720 for the period, compared to the consensus estimate of 2.770. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group lowered their target price on shares of Avista from $40.00 to $39.00 and set a "hold" rating on the stock in a research report on Tuesday, January 28th.

Avista Price Performance

AVA traded down $0.46 during trading on Friday, reaching $40.04. 823,997 shares of the stock were exchanged, compared to its average volume of 584,371. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.75 and a quick ratio of 0.48. The company has a market capitalization of $3.21 billion, a price-to-earnings ratio of 15.95, a P/E/G ratio of 2.56 and a beta of 0.42. Avista has a 1 year low of $33.45 and a 1 year high of $43.09. The business's 50 day moving average price is $40.62 and its two-hundred day moving average price is $38.43.

Avista (NYSE:AVA - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The utilities provider reported $0.98 EPS for the quarter, missing the consensus estimate of $1.05 by ($0.07). Avista had a return on equity of 7.83% and a net margin of 10.24%. The business had revenue of $603.00 million during the quarter, compared to analysts' expectations of $636.30 million. During the same quarter in the prior year, the firm earned $0.91 earnings per share. Avista's quarterly revenue was up 1.3% on a year-over-year basis. As a group, equities research analysts anticipate that Avista will post 2.3 earnings per share for the current year.

Avista Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Tuesday, May 13th will be paid a dividend of $0.49 per share. The ex-dividend date of this dividend is Tuesday, May 13th. This represents a $1.96 dividend on an annualized basis and a dividend yield of 4.90%. Avista's dividend payout ratio (DPR) is 86.34%.

Insider Activity at Avista

In other Avista news, VP Scott J. Kinney sold 2,298 shares of Avista stock in a transaction that occurred on Thursday, March 6th. The shares were sold at an average price of $38.75, for a total value of $89,047.50. Following the completion of the sale, the vice president now directly owns 12,539 shares of the company's stock, valued at approximately $485,886.25. The trade was a 15.49 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.96% of the stock is owned by corporate insiders.

About Avista

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.