Avista Corporation (AVA)

NYSE: AVA · IEX Real-Time Price · USD
35.79
+0.21 (0.59%)
Apr 24, 2024, 4:00 PM EDT - Market closed
0.59%
Market Cap 2.80B
Revenue (ttm) 1.75B
Net Income (ttm) 171.18M
Shares Out 78.19M
EPS (ttm) 2.24
PE Ratio 16.04
Forward PE 15.06
Dividend $1.90 (5.31%)
Ex-Dividend Date Feb 22, 2024
Volume 301,724
Open 35.29
Previous Close 35.58
Day's Range 35.20 - 36.03
52-Week Range 30.53 - 44.83
Beta 0.49
Analysts Hold
Price Target 33.50 (-6.4%)
Earnings Date May 1, 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]

Sector Utilities
Founded 1889
Employees 1,858
Stock Exchange NYSE
Ticker Symbol AVA
Full Company Profile

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 Statements

Analyst Forecast

According to 3 analysts, the average rating for AVA stock is "Hold." The 12-month stock price forecast is $33.5, which is a decrease of -6.40% from the latest price.

Price Target
$33.5
(-6.40% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Avista Corp. First Quarter 2024 Earnings Conference Call and Webcast Announced

SPOKANE, Wash., April 05, 2024 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss first quarter 2024 results on Wednesday, May 1, 2024, at 10:3...

19 days ago - GlobeNewsWire

Ethisphere names Avista as one of the 2024 World's Most Ethical Companies® for the fifth time

Recognition honors companies demonstrating business integrity through best-in-class ethics, compliance, and governance practices Recognition honors companies demonstrating business integrity through b...

7 weeks ago - GlobeNewsWire

Avista Corp. Announces 2023 Results and Initiates 2024 Earnings Guidance

SPOKANE, Wash., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) today announced financial results for 2023. Net income and earnings per diluted share for the fourth quarter and the year end...

2 months ago - GlobeNewsWire

Avista Corp. Board Increases Common Stock Dividend

SPOKANE, Wash., Feb. 07, 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, an increase of $0.0...

2 months ago - GlobeNewsWire

Avista signs new renewable natural gas contract

SPOKANE, Wash., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Avista recently signed an agreement with Pine Creek RNG (“Pine Creek”) to purchase renewable natural gas (“RNG”) to be produced at the Quad Cities Lan...

3 months ago - GlobeNewsWire

Avista files multi-year rate plan in Washington

Company's filing seeks to recover infrastructure investments and expenses necessary to serve customers Company's filing seeks to recover infrastructure investments and expenses necessary to serve cust...

3 months ago - GlobeNewsWire

Avista Corp. Fourth Quarter 2023 Earnings Conference Call and Webcast Announced

SPOKANE, Wash., Jan. 12, 2024 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss fourth quarter 2023 results on Wednesday, February 21, 2024, a...

3 months ago - GlobeNewsWire

Avista posts updated Corporate Responsibility report

The latest environmental, social and governance (ESG) information can be found at avistacorp.com .

4 months ago - GlobeNewsWire

Avista Corp. Board Declares Common Stock Dividend

SPOKANE, Wash., Nov. 02, 2023 (GLOBE NEWSWIRE) -- Avista Corp.'s (NYSE: AVA) board of directors has declared a quarterly dividend of $0.46 per share on the company's common stock. The common stock div...

6 months ago - GlobeNewsWire

Avista Corp. Reports Financial Results for the Third Quarter of 2023

SPOKANE, Wash., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) today reported net income of $14.7 million, or earnings of $0.19 per diluted share, for the third quarter of 2023, compared t...

6 months ago - GlobeNewsWire

Avista receives approval of all-party, all-issues settlement in Oregon general rate case

SPOKANE, Wash., Oct. 27, 2023 (GLOBE NEWSWIRE) -- Avista (NYSE:AVA) received approval from the Public Utility Commission of Oregon (OPUC or Commission) of the settlement agreement that was filed on Au...

6 months ago - GlobeNewsWire

Avista Corp. Third Quarter 2023 Earnings Conference Call and Webcast Announced

SPOKANE, Wash., Oct. 11, 2023 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss third quarter 2023 results on Wednesday, November 1, 2023, at ...

7 months ago - GlobeNewsWire

Avista Foundation Announces Third Quarter Grants

SPOKANE, Wash., Oct. 04, 2023 (GLOBE NEWSWIRE) -- The Avista Foundation announced its third quarter grants today, awarding more than $171,000 to 24 non-profit organizations in Washington, Idaho, Orego...

7 months ago - GlobeNewsWire

Avista Corp. Names New President and Announces Senior Leadership Changes

SPOKANE, Wash., Sept. 07, 2023 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) announced that Senior Vice President and Chief Operating Officer Heather Rosentrater will become President and COO, making h...

8 months ago - GlobeNewsWire

Avista issues request for proposals for renewable or responsibly produced natural gas

SPOKANE, Wash., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Avista, through a request for proposal (RFP), is seeking to secure renewable natural gas (RNG) or responsibly sourced gas (RSG) resources for its cus...

8 months ago - GlobeNewsWire

Avista Makes Annual Price Adjustment Requests in Washington and Idaho

Overall changes in electric and natural gas prices would be effective November 1, 2023. Overall changes in electric and natural gas prices would be effective November 1, 2023.

8 months ago - GlobeNewsWire

Avista receives approval of multiparty settlement in Idaho general rate cases

SPOKANE, Wash., Aug. 31, 2023 (GLOBE NEWSWIRE) -- Avista (NYSE:AVA) received approval from the Idaho Public Utilities Commission (IPUC or Commission) of the multiparty settlement agreement that was fi...

8 months ago - GlobeNewsWire

Avista reaches all-party, all-issues settlement in Oregon general rate case

SPOKANE, Wash., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Avista (NYSE: AVA), the Staff of the Public Utility Commission of Oregon (Commission), the Oregon Citizens' Utility Board (“CUB”), Alliance of Western...

9 months ago - GlobeNewsWire

Avista Corp. Reports Financial Results for the Second Quarter of 2023

SPOKANE, Wash., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) today reported net income of $17.5 million, or earnings of $0.23 per diluted share, for the second quarter of 2023, compared ...

9 months ago - GlobeNewsWire

Avista Makes Annual Price Adjustment Filings in Idaho

Requests would result in higher electric prices effective Oct. 1, 2023 and lower natural gas prices Nov. 1, 2023 Requests would result in higher electric prices effective Oct. 1, 2023 and lower natura...

9 months ago - GlobeNewsWire

Top 3 Utilities Stocks Which Could Rescue Your Portfolio This Quarter

The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.

Other symbols: SJWVIA
10 months ago - Benzinga

Avista Passes Through 5% Yield Mark

In trading on Friday, shares of Avista were yielding above the 5% mark based on its quarterly dividend (annualized to $1.84)

10 months ago - Forbes

Avista Corp. Second Quarter 2023 Earnings Conference Call and Webcast Announced

SPOKANE, Wash., July 06, 2023 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss second quarter 2023 results on Wednesday, August 2, 2023, at 1...

10 months ago - GlobeNewsWire

Avista reaches multiparty settlement of all issues in Idaho general rate case

If approved, new rates would take effect beginning Sept. 2023 and Sept. 2024 If approved, new rates would take effect beginning Sept. 2023 and Sept. 2024

11 months ago - GlobeNewsWire

Avista submits 2023 Electric Integrated Resource Plan

SPOKANE, Wash., June 01, 2023 (GLOBE NEWSWIRE) -- Avista Utilities, an operating division of Avista Corp. (NYSE: AVA), filed its 2023 Electric Integrated Resource Plan (IRP) today with the Washington ...

11 months ago - GlobeNewsWire