Avista Corporation (AVA)

NYSE: AVA · IEX Real-Time Price · USD
41.89
-0.24 (-0.57%)
Mar 30, 2023, 1:25 PM EDT - Market open
-0.57%
Market Cap 3.15B
Revenue (ttm) 1.71B
Net Income (ttm) 155.18M
Shares Out 75.28M
EPS (ttm) 2.12
PE Ratio 20.03
Forward PE 18.25
Dividend $1.78 (4.25%)
Ex-Dividend Date Feb 16, 2023
Volume 142,710
Open 42.32
Previous Close 42.13
Day's Range 41.86 - 42.61
52-Week Range 35.72 - 46.60
Beta 0.49
Analysts Sell
Price Target 39.61 (-5.44%)
Earnings Date May 2, 2023

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... [Read more]

Sector Utilities
Founded 1889
Employees 1,920
Stock Exchange NYSE
Ticker Symbol AVA
Full Company Profile

Financial Performance

In 2022, Avista's revenue was $1.71 billion, an increase of 18.85% compared to the previous year's $1.44 billion. Earnings were $155.18 million, an increase of 5.32%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for AVA stock is "Sell." The 12-month stock price forecast is $39.61, which is a decrease of -5.44% from the latest price.

Price Target
$39.61
(-5.44% downside)
Analyst Consensus: Sell
Stock Forecasts

News

Ethisphere names Avista as one of the 2023 World's Most Ethical Companies® for the fourth time

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

2 weeks ago - GlobeNewsWire

Kevin Jacobsen Nominated to Join Avista Corp. Board of Directors as Kristianne Blake Retires from Board

SPOKANE, Wash., March 07, 2023 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) announced that Kevin Jacobsen, age 56, has been nominated to join the Avista Corp. Board of Directors. Jacobsen will stand f...

3 weeks ago - GlobeNewsWire

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

1 month ago - GlobeNewsWire

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

SPOKANE, Wash., Feb. 22, 2023 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) today reported net income of $155.2 million, or $2.12 per diluted share, for the year ended Dec. 31, 2022, compared to $147.3...

1 month ago - GlobeNewsWire

Avista Corp. Board Increases Common Stock Dividend

SPOKANE, Wash., Feb. 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, an increase of $0.02...

1 month ago - GlobeNewsWire

Avista files multiyear electric and natural gas rate plan in Idaho

Company seeks to recover costs for ongoing infrastructure investments and increased operating costs Company seeks to recover costs for ongoing infrastructure investments and increased operating costs

2 months ago - GlobeNewsWire

Avista and NorthWestern Energy enter into strategic transaction of Colstrip, Montana assets

SPOKANE, Wash., Jan. 16, 2023 (GLOBE NEWSWIRE) -- Avista Corporation (“Avista”) and NorthWestern Energy (“NorthWestern”) announce an agreement through which Avista will turn over its interest in the C...

2 months ago - GlobeNewsWire

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

SPOKANE, Wash., Jan. 12, 2023 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss fourth quarter 2022 results on Wednesday, February 22, 2023, a...

2 months ago - GlobeNewsWire

Avista receives commission approval of settlement in Washington electric and natural gas general rate cases

Customers will benefit from tax credits that will partially offset rate increases over two years Customers will benefit from tax credits that will partially offset rate increases over two years

3 months ago - GlobeNewsWire

Avista posts updated Corporate Responsibility report

Visit avistacorp.com for latest environmental, social and governance (ESG) information Visit avistacorp.com for latest environmental, social and governance (ESG) information

3 months ago - GlobeNewsWire

Columbia Basin Hydropower and Avista partner on new clean energy contract

New agreement brings zero-carbon energy to Avista electric customers New agreement brings zero-carbon energy to Avista electric customers

3 months ago - GlobeNewsWire

Avista Corp. Board Declares Common Stock Dividend

SPOKANE, Wash., Nov. 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. The common stock div...

5 months ago - GlobeNewsWire

20 dividend stocks that may be safest if the Federal Reserves causes a recession

Investors cheered when a report last week showed the economy expanded in the third quarter after back-to-back contractions.

5 months ago - Market Watch

Avista (AVA) Reports Q3 Loss, Tops Revenue Estimates

Avista (AVA) delivered earnings and revenue surprises of -150% and 14.99%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Avista Corp. Reports Financial Results for the Third Quarter and Year-to-Date 2022, Lowers 2022 and 2023 Guidance

SPOKANE, Wash., Nov. 01, 2022 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) today reported a net loss of $5.8 million, or a loss of $0.08 per diluted share, for the third quarter of 2022, compared to n...

5 months ago - GlobeNewsWire

Avista issues request for proposals for renewable natural gas

RNG sought to meet carbon reduction requirements and goals RNG sought to meet carbon reduction requirements and goals

5 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.

5 months ago - Zacks Investment Research

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

SPOKANE, Wash., Oct. 12, 2022 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss third quarter 2022 results on Tuesday, November 1, 2022, at 10...

6 months ago - GlobeNewsWire

AVA vs. CNP: Which Stock Is the Better Value Option?

AVA vs. CNP: Which Stock Is the Better Value Option?

Other symbols: CNP
6 months ago - Zacks Investment Research

These 7 Utilities Are Worth A Look

Utility stocks—the “OGs of dividend payers”—have sailed through 2022.

Other symbols: ALENWENWNOGEPNWSR
7 months ago - Forbes

Avista Makes Price Adjustment Requests in Washington and Idaho

Overall changes in electric and natural gas prices would be effective November 1, 2022 Overall changes in electric and natural gas prices would be effective November 1, 2022

7 months ago - GlobeNewsWire

EBR vs. AVA: Which Stock Is the Better Value Option?

EBR vs. AVA: Which Stock Is the Better Value Option?

Other symbols: EBR
7 months ago - Zacks Investment Research

Avista Announces New Executive Appointments

Management Changes Focused on Enhancing Strategic Execution and Effective Operations

8 months ago - GlobeNewsWire

Avista (AVA) Q2 Earnings Lag Estimates

Avista (AVA) delivered earnings and revenue surprises of -11.11% and 24.41%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

8 months ago - Zacks Investment Research

Avista Corp. Reports Financial Results for the Second Quarter and Year-to-Date 2022, Confirms 2022 and 2023 Consolidated Guidance, Revises 2022 Segment Guidance

SPOKANE, Wash., Aug. 03, 2022 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) today reported net income of $11.5 million, or $0.16 per diluted share for the second quarter of 2022, compared to $14.1 mill...

8 months ago - GlobeNewsWire