NYSE:AVA

Avista (AVA) Stock Price, News & Analysis

$37.60
-0.15 (-0.40%)
(As of 05/8/2024 ET)
Today's Range
$37.48
$37.80
50-Day Range
$33.10
$37.75
52-Week Range
$30.53
$44.76
Volume
424,849 shs
Average Volume
566,459 shs
Market Capitalization
$2.94 billion
P/E Ratio
15.60
Dividend Yield
5.05%
Price Target
$35.00

Avista MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
6.9% Downside
$35.00 Price Target
Short Interest
Healthy
3.63% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-3.54
Upright™ Environmental Score
News Sentiment
0.21mentions of Avista in the last 14 days
Based on 17 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.84 out of 5 stars

Utilities Sector

58th out of 89 stocks

Electric & Other Services Combined Industry

14th out of 18 stocks

AVA stock logo

About Avista Stock (NYSE:AVA)

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. This segment also engages in the supply of electricity to customers in Montana; and wholesale purchase and sale of electricity and natural gas. The AEL&P segment offers electric services in Juneau, Alaska. The company generates electricity through hydroelectric, thermal, wind, and solar generation facilities. As of December 31, 2023, it supplied retail electric services to approximately 416,000 customers; and retail natural gas services to approximately 381,000 customers. The company also operates five hydroelectric generation facilities with capacity of 102.7 MW; and four diesel generating facilities with a capacity of 107.5 MW. It also engages in venture fund investments, real estate investments, and other investments. Avista Corporation was incorporated in 1889 and is headquartered in Spokane, Washington.

AVA Stock Price History

AVA Stock News Headlines

Avista Foundation Announces First Quarter Grants
Avista prepares for wildfire season
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When it comes to retirement, everyone fears one thing… Outliving their retirement savings. You'll discover conservative, beginner-friendly options strategies which could help to cash flow your stock portfolio.
Avista (NYSE:AVA) Cut to Sell at StockNews.com
Avista (NYSE:AVA) Stock Rating Upgraded by Mizuho
Mizuho Upgrades Avista (AVA)
Avista (NYSE:AVA) Shares Gap Up to $35.98
“Crash Insurance” For Your Retirement
When it comes to retirement, everyone fears one thing… Outliving their retirement savings. You'll discover conservative, beginner-friendly options strategies which could help to cash flow your stock portfolio.
Q1 2024 Avista Corp Earnings Call
Avista Corp. Board Declares Common Stock Dividend
Avista Corp.
Avista Corporation (AVA)
See More Headlines
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Company Calendar

Ex-Dividend for 3/15 Dividend
2/22/2024
Dividend Payable
3/15/2024
Last Earnings
5/01/2024
Today
5/08/2024
Ex-Dividend for 6/14 Dividend
5/22/2024
Dividend Payable
6/14/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Electric & other services combined
Sub-Industry
Multi-Utilities
CUSIP
05379B10
Employees
1,858
Year Founded
1889

Price Target and Rating

Average Stock Price Target
$35.00
High Stock Price Target
$36.00
Low Stock Price Target
$34.00
Potential Upside/Downside
-6.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$171.18 million
Pretax Margin
8.65%

Debt

Sales & Book Value

Annual Sales
$1.75 billion
Cash Flow
$5.70 per share
Book Value
$32.24 per share

Miscellaneous

Free Float
77,438,000
Market Cap
$2.93 billion
Optionable
Optionable
Beta
0.48

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Key Executives


AVA Stock Analysis - Frequently Asked Questions

Should I buy or sell Avista stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Avista in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" AVA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AVA, but not buy additional shares or sell existing shares.
View AVA analyst ratings
or view top-rated stocks.

What is Avista's stock price target for 2024?

3 Wall Street research analysts have issued 12-month price objectives for Avista's stock. Their AVA share price targets range from $34.00 to $36.00. On average, they expect the company's stock price to reach $35.00 in the next year. This suggests that the stock has a possible downside of 6.9%.
View analysts price targets for AVA
or view top-rated stocks among Wall Street analysts.

How have AVA shares performed in 2024?

Avista's stock was trading at $35.74 at the start of the year. Since then, AVA shares have increased by 5.2% and is now trading at $37.61.
View the best growth stocks for 2024 here
.

When is Avista's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our AVA earnings forecast
.

How were Avista's earnings last quarter?

Avista Co. (NYSE:AVA) issued its quarterly earnings results on Wednesday, May, 1st. The utilities provider reported $0.91 earnings per share for the quarter, missing the consensus estimate of $1.00 by $0.09. The utilities provider had revenue of $594.90 million for the quarter, compared to analysts' expectations of $469.34 million. Avista had a trailing twelve-month return on equity of 7.65% and a net margin of 9.96%. The business's revenue for the quarter was up 29.3% on a year-over-year basis. During the same quarter last year, the company posted $0.73 earnings per share.

How often does Avista pay dividends? What is the dividend yield for Avista?

Avista declared a quarterly dividend on Wednesday, May 1st. Shareholders of record on Thursday, May 23rd will be given a dividend of $0.475 per share on Friday, June 14th. This represents a $1.90 dividend on an annualized basis and a dividend yield of 5.05%. The ex-dividend date of this dividend is Wednesday, May 22nd.
Read our dividend analysis for AVA
.

Is Avista a good dividend stock?

Avista (NYSE:AVA) pays an annual dividend of $1.90 per share and currently has a dividend yield of 5.08%. AVA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 22 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 78.84%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for AVA.

What guidance has Avista issued on next quarter's earnings?

Avista issued an update on its FY 2024 earnings guidance on Wednesday, May, 1st. The company provided earnings per share (EPS) guidance of 2.360-2.560 for the period, compared to the consensus EPS estimate of 2.390. The company issued revenue guidance of -.

What is Scott L. Morris' approval rating as Avista's CEO?

9 employees have rated Avista Chief Executive Officer Scott L. Morris on Glassdoor.com. Scott L. Morris has an approval rating of 100% among the company's employees. This puts Scott L. Morris in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Avista own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Avista investors own include AT&T (T), AbbVie (ABBV), Pfizer (PFE), Verizon Communications (VZ), Energy Transfer (ET), IDACORP (IDA), Johnson & Johnson (JNJ), Coca-Cola (KO), Southern (SO) and Exxon Mobil (XOM).

Who are Avista's major shareholders?

Avista's stock is owned by many different retail and institutional investors. Top institutional shareholders include Nuance Investments LLC (1.65%), Principal Financial Group Inc. (0.51%), ProShare Advisors LLC (0.31%), Assenagon Asset Management S.A. (0.24%), Swiss National Bank (0.20%) and Mutual of America Capital Management LLC (0.15%). Insiders that own company stock include Bryan Alden Cox, David J Meyer, David J Meyer, Donald C Burke, Heidi B Stanley, James M Kensok, James M Kensok, Jason R Thackston, Kevin J Christie, Kristianne Blake, Mark T Thies, R John Taylor, Scott J Kinney, Scott L Morris and Sena M Kwawu.
View institutional ownership trends
.

How do I buy shares of Avista?

Shares of AVA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:AVA) was last updated on 5/8/2024 by MarketBeat.com Staff

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