Avista - AVA Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Avista in the last twelve months. There are currently 1 sell rating and 1 hold rating for the stock. The consensus among Wall Street research 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.

2 Wall Street analysts have issued 12-month target prices for Avista's stock. Their AVA share price forecasts range from $33.00 to $44.00. On average, they predict the company's share price to reach $36.67 in the next year. This suggests that the stock has a possible downside of 12.0%.
View analysts price targets for AVA or view top-rated stocks among Wall Street analysts.

Avista's stock was trading at $44.34 at the beginning of the year. Since then, AVA shares have decreased by 6.0% and is now trading at $41.68.
View the best growth stocks for 2023 here.

Avista saw a increase in short interest in December. As of December 30th, there was short interest totaling 2,590,000 shares, an increase of 25.7% from the December 15th total of 2,060,000 shares. Based on an average daily trading volume, of 693,000 shares, the short-interest ratio is currently 3.7 days.
View Avista's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023.
View our AVA earnings forecast.

Avista will be holding an earnings conference call on Wednesday, February 22nd at 10:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Avista Co. (NYSE:AVA) issued its quarterly earnings data on Wednesday, November, 3rd. The utilities provider reported $0.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.06 by $0.14. The utilities provider had revenue of $296.01 million for the quarter, compared to analyst estimates of $290.93 million. Avista had a net margin of 7.91% and a trailing twelve-month return on equity of 5.78%. During the same quarter in the previous year, the business earned $0.07 EPS.

Avista announced a quarterly dividend on Thursday, February 2nd. Stockholders of record on Friday, February 17th will be paid a dividend of $0.46 per share on Wednesday, March 15th. This represents a $1.84 annualized dividend and a dividend yield of 4.41%. The ex-dividend date is Thursday, February 16th. This is a positive change from the stock's previous quarterly dividend of $0.44.
Read our dividend analysis for AVA.

Avista (NYSE:AVA) pays an annual dividend of $1.76 per share and currently has a dividend yield of 4.25%. 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 20 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 98.88%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, AVA will have a dividend payout ratio of 75.86% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for AVA.

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.

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).

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. (0.46%), PATRIZIA Pty Ltd (0.38%), Peregrine Capital Management LLC (0.33%), ProShare Advisors LLC (0.31%), Nisa Investment Advisors LLC (0.13%) and Congress Asset Management Co. MA (0.10%). Insiders that own company stock include Bryan Alden Cox, David J Meyer, David J Meyer, Heidi B Stanley, James M Kensok, James M Kensok, Jason R Thackston, Kevin J Christie, Kristianne Blake, R John Taylor, Scott L Morris and Sena M Kwawu.
View institutional ownership trends.

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

One share of AVA stock can currently be purchased for approximately $41.68.

Avista (NYSE:AVA) has a market capitalization of $3.08 billion and generates $1.44 billion in revenue each year. The utilities provider earns $147.33 million in net income (profit) each year or $1.78 on an earnings per share basis.

The company employs 1,809 workers across the globe.

Avista's mailing address is 1411 E MISSION AVE, SPOKANE WA, 99202. The official website for the company is www.avistacorp.com. The utilities provider can be reached via phone at (509) 489-0500, via email at john.wilcox@avistacorp.com, or via fax at 509-777-5075.