Avista (NYSE:AVA) Updates 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 -.

Avista Trading Down 1.8%

AVA stock traded down $0.72 on Monday, reaching $39.29. The company's stock had a trading volume of 948,995 shares, compared to its average volume of 753,476. The business has a fifty day simple moving average of $40.62 and a two-hundred day simple moving average of $38.43. The firm has a market cap of $3.16 billion, a PE ratio of 15.65, a PEG ratio of 2.56 and a beta of 0.42. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.48 and a current ratio of 0.75. Avista has a 12-month low of $33.45 and a 12-month high of $43.09.

Avista (NYSE:AVA - Get Free Report) last announced 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 net margin of 10.24% and a return on equity of 7.83%. The firm had revenue of $603.00 million for the quarter, compared to analysts' expectations of $636.30 million. During the same period in the prior year, the business posted $0.91 EPS. The business's quarterly revenue was up 1.3% compared to the same quarter last year. As a group, research analysts forecast that Avista will post 2.3 EPS for the current year.

Avista Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Tuesday, May 13th will be issued a dividend of $0.49 per share. This represents a $1.96 dividend on an annualized basis and a dividend yield of 4.99%. The ex-dividend date is Tuesday, May 13th. Avista's payout ratio is 83.76%.

Wall Street Analysts Forecast Growth

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

Insiders Place Their Bets

In related news, VP Scott J. Kinney sold 2,298 shares of the firm's stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $38.75, for a total transaction of $89,047.50. Following the completion of the transaction, the vice president now directly owns 12,539 shares of the company's stock, valued at approximately $485,886.25. This trade represents a 15.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.96% of the stock is owned by company insiders.

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.