Avista Corporation (AVA)

NYSE: AVA · Delayed Price · USD
43.65
0.61 (1.43%)
At close: May 25, 2022 4:00 PM
44.09
0.44 (1.01%)
After-hours:May 25, 2022 7:00 PM EDT
Market Cap3.16B
Revenue (ttm)1.49B
Net Income (ttm)150.88M
Shares Out72.44M
EPS (ttm)2.13
PE Ratio20.53
Forward PE20.83
Dividend$1.73 (3.95%)
Ex-Dividend DateMay 26, 2022
Volume535,856
Open43.73
Previous Close43.04
Day's Range43.55 - 44.33
52-Week Range37.73 - 46.90
Beta0.63
AnalystsSell
Price Target44.27 (+1.4%)
Earnings DateMay 4, 2022

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 wholesale purchase a...

IndustryMulti-Utilities
Founded1889
CEODennis Vermillion
Employees2,021
Stock ExchangeNYSE
Ticker SymbolAVA
Full Company Profile

Financial Performance

In 2021, Avista's revenue was $1.44 billion, an increase of 8.85% compared to the previous year's $1.32 billion. Earnings were $147.33 million, an increase of 13.78%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for AVA stock is "Sell." The 12-month stock price forecast is 44.27, which is an increase of 1.42% from the latest price.

Price Target
$44.27
(1.42% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Avista Corp. Board Declares Common Stock Dividend

SPOKANE, Wash., May 12, 2022 (GLOBE NEWSWIRE) -- Avista Corp.'s (NYSE: AVA) board of directors has declared a quarterly dividend of $0.44 per share on the company's common stock. The common stock divide...

1 week ago - GlobeNewsWire

Avista (AVA) Q1 Earnings and Revenues Surpass Estimates

Avista (AVA) delivered earnings and revenue surprises of 6.45% and 6.98%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

3 weeks ago - Zacks Investment Research

Avista Corp. Reports Financial Results for First Quarter 2022, Confirms 2022 and 2023 Guidance

SPOKANE, Wash., May 04, 2022 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) today reported net income of $71.6 million, or $0.99 per diluted share for the first quarter of 2022, compared to $68.0 million,...

3 weeks ago - GlobeNewsWire

Analysts Estimate Avista (AVA) to Report a Decline in Earnings: What to Look Out for

Avista (AVA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

4 weeks ago - Zacks Investment Research

The Avista Foundation provides $185,850 to non-profit agencies in the first quarter of 2022

Donations benefit community organizations across four states Donations benefit community organizations across four states

1 month ago - GlobeNewsWire

Avista Corp. First Quarter 2022 Earnings Conference Call and Webcast Announced

SPOKANE, Wash., April 06, 2022 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss first quarter 2022 results on Wednesday, May 4, 2022, at 10:30 ...

1 month ago - GlobeNewsWire

Avista is named one of the 2022 World's Most Ethical Companies by Ethisphere for the third time

Recognition honors companies demonstrating exceptional leadership and a commitment to business integrity through best-in-class ethics, compliance, and governance practices Recognition honors companies d...

2 months ago - GlobeNewsWire

Two more utilities join the Western Energy Imbalance Market

Addition of Avista Utilities and Tacoma Power will enhance grid efficiencies Addition of Avista Utilities and Tacoma Power will enhance grid efficiencies

2 months ago - GlobeNewsWire

Avista Corp. Reports Financial Results for Fourth Quarter and Fiscal Year 2021, Confirms 2022 and 2023 Guidance

SPOKANE, Wash., Feb. 23, 2022 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) today reported net income of $147.3 million, or $2.10 per diluted share for the year ended Dec. 31, 2021, compared to $129.5 mi...

3 months ago - GlobeNewsWire

Utility Stock Q4 Earnings to Watch on Feb 23: ETR, NI & More

Total Q4 earnings of Utility stocks are expected to drop 1.5% year over year on 10.5% higher revenues. ETR, NI, OGS, WTRG, CPK & AVA are set to release their quarterly figures on Feb 23

Other symbols:CPKETRNIOGSWTRG
3 months ago - Zacks Investment Research

3 Utility Stocks Set to Beat Estimates This Earnings Season

Utilities AEP, PEG, and AVA are likely to beat four-quarter earnings estimates, courtesy of stable demand for their services, new rates and systematic investments to provide high-quality services to cus...

Other symbols:AEPPEG
3 months ago - Zacks Investment Research

Avista issues request for proposals for energy resources

All source energy solutions sought to add energy, capacity, and renewables to Avista's portfolio All source energy solutions sought to add energy, capacity, and renewables to Avista's portfolio

3 months ago - GlobeNewsWire

Avista Corp. Board Increases Common Stock Dividend

SPOKANE, Wash., Feb. 03, 2022 (GLOBE NEWSWIRE) -- Avista Corp.'s (NYSE: AVA) board of directors has declared a quarterly dividend of $0.44 per share on the company's common stock, an increase of $0.0175...

3 months ago - GlobeNewsWire

Avista Corp. Fourth Quarter 2021 Earnings Conference Call and Webcast Announced

SPOKANE, Wash., Jan. 24, 2022 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss fourth quarter 2021 results on Wednesday, February 23, 2022, at ...

4 months ago - GlobeNewsWire

Avista files multiyear rate plan in Washington

Company seeks recovery of costs for infrastructure investments while also providing tax benefits to customers Company seeks recovery of costs for infrastructure investments while also providing tax bene...

4 months ago - GlobeNewsWire

Avista (AVA) to Buy Hydro Energy, Boosts Clean Energy Moves

Avista (AVA) inks a deal to buy electricity from two hydro projects from the Chelan County Public Utility District. This move will in turn, help AVA meet its clean-energy targets.

4 months ago - Zacks Investment Research

Chelan PUD and Avista Announce Long-Term Clean Energy Contract

Agreement provides valuable carbon-free energy to Northwest electric customers Agreement provides valuable carbon-free energy to Northwest electric customers

4 months ago - GlobeNewsWire

Avista updates Corporate Responsibility report

See latest environmental, social and governance (ESG) information at avistacorp.com See latest environmental, social and governance (ESG) information at avistacorp.com

5 months ago - GlobeNewsWire

Avista (AVA) Beats Q3 Earnings and Revenue Estimates

Avista (AVA) delivered earnings and revenue surprises of 150.00% and 8.35%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Avista Corp. Reports Financial Results for Third Quarter and Year-to-Date 2021 and Confirms 2021 and 2023 Consolidate...

SPOKANE, Wash., Nov. 03, 2021 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) today reported net income of $14.4 million, or $0.20 per diluted share, for the third quarter of 2021, compared to $4.9 million...

6 months ago - GlobeNewsWire

Avista (AVA) Earnings Expected to Grow: Should You Buy?

Avista (AVA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

6 months ago - Zacks Investment Research

Avista Corp. Third Quarter 2021 Earnings Conference Call and Webcast Announced

SPOKANE, Wash., Oct. 05, 2021 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss third quarter 2021 results on Wednesday, November 3, 2021, at 10...

7 months ago - GlobeNewsWire

Avista submits Clean Energy Implementation Plan

Plan sets course for equitable transition to clean energy Plan sets course for equitable transition to clean energy

7 months ago - GlobeNewsWire

Avista receives commission decision in Washington Electric and Natural Gas General Rate Cases

Avista's proposed tax customer credit results in no rate change for customers effective Oct. 1, 2021 while providing Avista with necessary cost recovery Avista's proposed tax customer credit results in ...

7 months ago - GlobeNewsWire

Avista Makes Annual Price Adjustment Requests in Washington

New rates would take effect Nov. 1, 2021 New rates would take effect Nov. 1, 2021

8 months ago - GlobeNewsWire