Avista - AVA Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Avista in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" AVA shares.
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1 brokerages have issued 12-month price targets for Avista's stock. Their AVA share price forecasts range from $44.00 to $44.00. On average, they expect the company's stock price to reach $44.00 in the next twelve months. This suggests a possible upside of 13.0% from the stock's current price.
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Avista's stock was trading at $42.49 at the beginning of the year. Since then, AVA stock has decreased by 8.3% and is now trading at $38.95.
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Avista saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 1,900,000 shares, an increase of 9.2% from the August 15th total of 1,740,000 shares. Based on an average daily volume of 397,500 shares, the days-to-cover ratio is currently 4.8 days.
View Avista's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our AVA earnings forecast.

Avista Co. (NYSE:AVA) announced its earnings results on Wednesday, August, 3rd. The utilities provider reported $0.16 earnings per share for the quarter, missing analysts' consensus estimates of $0.17 by $0.01. Avista had a net margin of 9.53% and a trailing twelve-month return on equity of 6.80%. During the same period last year, the firm posted $0.20 EPS.

Avista announced a quarterly dividend on Thursday, August 4th. Stockholders of record on Friday, August 19th will be given a dividend of $0.44 per share on Thursday, September 15th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.52%. The ex-dividend date of this dividend is Thursday, August 18th.
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 4.40%. 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 19 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 85.44%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, AVA will have a dividend payout ratio of 72.43% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AVA.

Avista issued an update on its FY 2023 earnings guidance on Wednesday, August, 10th. The company provided EPS guidance of $2.42-$2.62 for the period, compared to the consensus EPS estimate of $2.46. The company issued revenue guidance of -.

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 a variety of institutional and retail investors. Top institutional investors include Public Sector Pension Investment Board (4.82%), State Street Corp (4.71%), Nuance Investments LLC (2.21%), Mitsubishi UFJ Trust & Banking Corp (2.06%), Northern Trust Corp (1.22%) and Millennium Management LLC (1.17%). Insiders that own company stock include Broomfield Robert, 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, Marian M Durkin, Mcgeever Michael, R John Taylor, Scott L Morris and Sena M Kwawu.
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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.
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One share of AVA stock can currently be purchased for approximately $38.95.

Avista (NYSE:AVA) has a market capitalization of $2.84 billion and generates $1.44 billion in revenue each year. The utilities provider earns $147.33 million in net income (profit) each year or $2.06 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.