Avista - AVA Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Avista in the last year. There are currently 2 sell ratings for the stock. The consensus among Wall Street analysts is that investors should "sell" AVA shares.
View AVA analyst ratings or view top-rated stocks.

2 Wall Street research analysts have issued 1-year price targets for Avista's stock. Their AVA share price forecasts range from $33.00 to $38.00. On average, they predict the company's stock price to reach $34.67 in the next twelve months. This suggests that the stock has a possible downside of 18.3%.
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 2023. Since then, AVA shares have decreased by 4.3% and is now trading at $42.45.
View the best growth stocks for 2023 here.

Avista saw a decrease in short interest during the month of March. As of March 15th, there was short interest totaling 3,960,000 shares, a decrease of 7.9% from the February 28th total of 4,300,000 shares. Based on an average trading volume of 1,010,000 shares, the short-interest ratio is presently 3.9 days.
View Avista's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
View our AVA earnings forecast.

Avista Co. (NYSE:AVA) announced its quarterly earnings results on Wednesday, February, 22nd. The utilities provider reported $1.05 EPS for the quarter, topping analysts' consensus estimates of $0.72 by $0.33. The utilities provider had revenue of $496.80 million for the quarter, compared to analysts' expectations of $371.59 million. Avista had a trailing twelve-month return on equity of 6.87% and a net margin of 9.14%. Avista's revenue for the quarter was up 18.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.71 earnings per share.

Avista declared a quarterly dividend on Thursday, February 2nd. Investors 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 dividend on an annualized basis and a yield of 4.33%. The ex-dividend date is Thursday, February 16th. This is an increase from the stock's previous quarterly dividend of $0.44.
Read our dividend analysis for AVA.

ETFs with the largest weight of Avista (NYSE:AVA) stock in their portfolio include Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU), Invesco High Yield Equity Dividend Achievers ETF (PEY), KFA Value Line Dynamic Core Equity Index ETF (KVLE), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), SPDR S&P Dividend ETF (SDY), ETC 6 Meridian Small Cap Equity ETF (SIXS) and Global X Alternative Income ETF (ALTY).

Avista (NYSE:AVA) pays an annual dividend of $1.84 per share and currently has a dividend yield of 4.37%. 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 21 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 86.79%. 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 75.72% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for AVA.

Avista issued an update on its FY23 earnings guidance on Wednesday, February, 22nd. The company provided earnings per share guidance of $2.27-$2.47 for the period, compared to the consensus earnings per share estimate of $2.31.

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."

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 $42.45.

Avista (NYSE:AVA) has a market capitalization of $3.04 billion and generates $1.71 billion in revenue each year. The utilities provider earns $155.18 million in net income (profit) each year or $2.12 on an earnings per share basis.

The company employs 1,767 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.