Avista Corporation (AVA)
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]
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 $33.5, which is a decrease of -6.40% from the latest price.
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...
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...
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...
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...
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...
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...
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...
Avista posts updated Corporate Responsibility report
The latest environmental, social and governance (ESG) information can be found at avistacorp.com .
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...
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...
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...
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 ...
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...
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...
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...
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.
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...
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...
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 ...
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...
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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)
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...
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
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 ...