Avista Corporation (AVA)
Market Cap | 3.05B |
Revenue (ttm) | 1.92B |
Net Income (ttm) | 196.98M |
Shares Out | 79.18M |
EPS (ttm) | 2.52 |
PE Ratio | 15.31 |
Forward PE | 16.36 |
Dividend | $1.90 (4.93%) |
Ex-Dividend Date | Aug 22, 2024 |
Volume | 263,818 |
Open | 38.75 |
Previous Close | 38.77 |
Day's Range | 38.39 - 38.94 |
52-Week Range | 31.91 - 39.99 |
Beta | 0.46 |
Analysts | Hold |
Price Target | 35.67 (-7.4%) |
Earnings Date | Nov 6, 2024 |
About AVA
Avista Corporation, together with its subsidiaries, operates as an electric and natural gas utility company. It operates in two segments, Avista Utilities and AEL&P. The Avista Utilities segment provides electric distribution and transmission, and natural gas distribution services in parts of eastern Washington and northern Idaho; and natural gas distribution services in parts of northeastern and southwestern Oregon, as well as generates electricity in Washington, Idaho, Oregon, and Montana. This segment also engages in the supply of electricit... [Read more]
Financial Performance
In 2023, Avista's revenue was $1.75 billion, an increase of 2.42% compared to the previous year's $1.71 billion. Earnings were $171.18 million, an increase of 10.31%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for AVA stock is "Hold." The 12-month stock price forecast is $35.67, which is a decrease of -7.40% from the latest price.
News
Avista Corp. Board Declares Common Stock Dividend
SPOKANE, Wash., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Avista Corp.'s (NYSE: AVA) board of directors has declared a quarterly dividend of $0.475 per share on the company's common stock. The common stock di...
Wall Street's Most Accurate Analysts Spotlight On 3 Utilities Stocks Delivering High-Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
Avista Corporation (AVA) Q3 2024 Earnings Conference Call Transcript
Avista Corporation (NYSE:AVA) Q3 2024 Earnings Conference Call November 6, 2024 10:30 AM ET Company Participants Stacey Wenz - IR Manager Dennis Vermillion - CEO Heather Rosentrater - President and C...
Avista Corp. Reports Financial Results for the Third Quarter of 2024
SPOKANE, Wash., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) today announced financial results for the third quarter of 2024. Net income and earnings per diluted share for the third quar...
Avista joins PGE, Grid United and ALLETE in 3,000 megawatt east-west transmission line
North Plains Connector transmission line continues building momentum as Avista commits to nonbinding memorandum of understanding for a 10% ownership share that would provide Avista access to a new tra...
Avista requests recovery of costs for providing service in Oregon
Investments in infrastructure and increases in cost-of-service drive rate request Investments in infrastructure and increases in cost-of-service drive rate request
Avista Foundation awards 27 grants to support local initiatives
In 2024, the Avista Foundation has awarded more than $500,000 through its grant program In 2024, the Avista Foundation has awarded more than $500,000 through its grant program
Post Falls boat ramp to close for the season
SPOKANE, Wash., Oct. 28, 2024 (GLOBE NEWSWIRE) -- The Q'emiln Park boat launch ramp on the Spokane River in Post Falls, Idaho, will be closed for the season beginning Monday, Nov. 11.
Avista selected for $85 million grant for transmission line update
The project, in partnership with Idaho Power, will enhance grid flexibility, improve resilience against wildfire, and increase capacity for the region The project, in partnership with Idaho Power, wil...
Avista: Slightly Undervalued, Significant Leverage And Better Protection With This Strategy
As a regulated utility, Avista has a narrow economic moat, a 5% dividend yield and 3-4% dividend growth. The stock is approximately 12-13% undervalued, based on both a relative and an absolute valuati...
Avista Corp. Third Quarter 2024 Earnings Conference Call and Webcast Announced
SPOKANE, Wash., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss third quarter 2024 results on Wednesday, November 6, 2024, at ...
Avista dispatches crews to assist Florida Power & Light with restoration efforts
SPOKANE, Wash., Oct. 09, 2024 (GLOBE NEWSWIRE) -- In the wake of Hurricane Helene, Avista today sent three, five-member line crews and other personnel to Lake City, Florida to assist in electrical dis...
Avista issues request for proposals for renewable natural gas
SPOKANE, Wash., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Avista, through a request for proposal (RFP), is seeking to secure renewable natural gas (RNG) resources for its customers over the long term.
Avista Makes Annual Price Adjustment Requests in Washington
Overall changes would be effective November 1, 2024 for electric customers and November 15, 2024 for natural gas customers Overall changes would be effective November 1, 2024 for electric customers an...
Avista CEO Dennis Vermillion Announces Retirement
Heather Rosentrater is named the first female CEO in the Company's history. Heather Rosentrater is named the first female CEO in the Company's history.
Wall Street's Most Accurate Analysts Give Their Take On 3 Utilities Stocks Delivering High-Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
Avista: Population And Electric Consumption Growth Driving The Story
Avista Corporation is a regulated electric utility serving the Pacific Northwest with a low carbon footprint and strong growth potential. The stock price has risen by 19.16% since the last article we ...
Avista Corporation (AVA) Q2 2024 Earnings Call Transcript
Avista Corporation (NYSE:AVA) Q2 2024 Earnings Conference Call August 7, 2024 10:30 AM ET Company Participants Stacey Wenz - Investor Relations Manager Dennis Vermillion - CEO & Director Heather Rose...
Avista Corp. Reports Financial Results for the Second Quarter of 2024
SPOKANE, Wash., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) today announced financial results for the second quarter of 2024. Net income and earnings per diluted share for the second qu...
Avista Makes Annual Price Adjustment Filings in Idaho
Lower electric prices effective Oct. 1, 2024 and lower natural gas prices Nov. 1, 2024, if approved. Lower electric prices effective Oct. 1, 2024 and lower natural gas prices Nov. 1, 2024, if approved...
Avista Foundation awards 40 grants supporting education and youth development
In 2024 so far, the Avista Foundation has awarded more than $385,750 through its grant program. In 2024 so far, the Avista Foundation has awarded more than $385,750 through its grant program.
Wall Street's Most Accurate Analysts Say Hold These 3 Utilities Stocks With Over 5% Dividend Yields
During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks.
These small stocks with big dividends can grow even after the small-cap rally fades
You should think twice before shifting your stock portfolio toward smaller-cap names. Small-cap stocks' spectacular rally over the past week does not mean market leadership is shifting from the large ...
Avista Corp. Second Quarter 2024 Earnings Conference Call and Webcast Announced
SPOKANE, Wash., July 08, 2024 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss second quarter 2024 results on Wednesday, August 7, 2024, at 1...
Avista: Growth And Income In The Renewable Energy Space
Avista is a utility company with a growing renewable energy business, including hydro, wind, and biomass. The company exhibits strong financials with a conservative balance sheet relative to peers. Co...