NYSE:AVAAvista Stock Price, Forecast & News

Avista's stock was trading at $48.01 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, AVA stock has decreased by 23.7% and is now trading at $36.65. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Avista in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Avista.

Avista is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Avista.

Avista Corp (NYSE:AVA) issued its earnings results on Friday, May, 8th. The utilities provider reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.06. The utilities provider earned $377.20 million during the quarter, compared to the consensus estimate of $404.97 million. Avista had a return on equity of 6.75% and a net margin of 9.68%. The firm's revenue for the quarter was down .1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.76 EPS. View Avista's earnings history.

Avista announced a quarterly dividend on Monday, May 11th. Stockholders of record on Friday, May 29th will be given a dividend of $0.405 per share on Monday, June 15th. This represents a $1.62 annualized dividend and a dividend yield of 4.42%. The ex-dividend date of this dividend is Thursday, May 28th. View Avista's dividend history.

Avista updated its FY20 earnings guidance on Friday, May, 8th. The company provided EPS guidance of $1.75-1.95 for the period, compared to the Thomson Reuters consensus estimate of $1.99.

4 brokers have issued 12 month price targets for Avista's stock. Their forecasts range from $42.00 to $42.00. On average, they anticipate Avista's stock price to reach $42.00 in the next year. This suggests a possible upside of 14.6% from the stock's current price. View analysts' price targets for Avista.

News articles about AVA stock have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Avista earned a news sentiment score of -1.7 on InfoTrie's scale. They also assigned news articles about the utilities provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news about Avista.

Some companies that are related to Avista include Dominion Energy (D), Sempra Energy (SRE), WEC Energy Group (WEC), Public Service Enterprise Group (PEG), Consolidated Edison (ED), DTE Energy (DTE), Ameren (AEE), CMS Energy (CMS), Alliant Energy (LNT), CenterPoint Energy (CNP), NiSource (NI), PG&E (PCG), Mdu Resources Group (MDU), Black Hills (BKH) and NorthWestern (NWE). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Avista investors own include AT&T (T), Energy Transfer LP Unit (ET), AbbVie (ABBV), IDACORP (IDA), Verizon Communications (VZ), Pfizer (PFE), Ford Motor (F), Abbott Laboratories (ABT), Johnson & Johnson (JNJ) and Coca-Cola (KO).

Avista trades on the New York Stock Exchange (NYSE) under the ticker symbol "AVA."

Avista's stock is owned by many different retail and institutional investors. Top institutional investors include Reinhart Partners Inc. (0.38%). Company insiders that own Avista stock include Broomfield Robert, David J Meyer, Heidi B Stanley, James M Kensok, Jason R Thackston, Karen S Feltes, Kevin J Christie, Marian M Durkin, Mcgeever Michael, R John Taylor and Scott L Morris. View institutional ownership trends for Avista.

AVA stock was purchased by a variety of institutional investors in the last quarter, including Reinhart Partners Inc.. View insider buying and selling activity for Avista.

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

One share of AVA stock can currently be purchased for approximately $36.65.

Avista has a market capitalization of $2.47 billion and generates $1.35 billion in revenue each year. The utilities provider earns $196.98 million in net income (profit) each year or $1.74 on an earnings per share basis. Avista employs 1,796 workers across the globe.

The official website for Avista is www.avistacorp.com.

Avista's mailing address is 1411 E MISSION AVE, SPOKANE WA, 99202. The utilities provider can be reached via phone at 509-489-0500 or via email at [email protected]