NYSE:AVAAvista Stock Price, Forecast & News

Avista's stock was trading at $48.01 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, AVA shares have decreased by 16.8% and is now trading at $39.95. 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) released its quarterly earnings results on Friday, May, 8th. The utilities provider reported $0.72 earnings per share (EPS) for the quarter, topping 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%. Avista's revenue for the quarter was down .1% on a year-over-year basis. During the same period last year, the firm earned $1.76 EPS. View Avista's earnings history.

Avista announced a quarterly dividend on Monday, May 11th. Investors of record on Friday, May 29th will be paid a dividend of $0.405 per share on Monday, June 15th. This represents a $1.62 dividend on an annualized basis and a yield of 4.06%. 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 earnings per share guidance of $1.75-1.95 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.99.

4 equities research analysts have issued 1-year price objectives for Avista's stock. Their forecasts range from $42.00 to $42.00. On average, they expect Avista's share price to reach $42.00 in the next year. This suggests a possible upside of 5.1% from the stock's current price. View analysts' price targets for Avista.

Media stories about AVA stock have trended extremely negative this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Avista earned a news impact score of -5.0 on InfoTrie's scale. They also gave media headlines about the utilities provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutAvista.

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 a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (18.12%), State Street Corp (3.81%), Mitsubishi UFJ Trust & Banking Corp (3.06%), Bank of New York Mellon Corp (2.46%), Invesco Ltd. (1.66%) and Acadian Asset Management LLC (1.60%). 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 sold by a variety of institutional investors in the last quarter, including Citigroup Inc., BlackRock Inc., Bank of New York Mellon Corp, Morgan Stanley, Morgan Stanley, Reinhart Partners Inc., Invesco Ltd., and Russell Investments Group Ltd.. Company insiders that have sold Avista company stock in the last year include James M Kensok, Jason R Thackston, Marian M Durkin, R John Taylor, and Scott L Morris. View insider buying and selling activity for Avista.

AVA stock was purchased by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, State Street Corp, Mitsubishi UFJ Trust & Banking Corp, AJO LP, Victory Capital Management Inc., Victory Capital Management Inc., Deprince Race & Zollo Inc., and Grantham Mayo Van Otterloo & Co. LLC. 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 $39.95.

Avista has a market capitalization of $2.69 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]