Avista Corporation (AVA)
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]
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 StatementsAnalyst 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.
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...

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...

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 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...

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...

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

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...

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...

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

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

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

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...

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.

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?

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...

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

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.

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...

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

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

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

Avista Announces New Executive Appointments
Management Changes Focused on Enhancing Strategic Execution and Effective Operations

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?

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...