Avista (AVA) Stock Price, News & Analysis

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Avista in the last year. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" AVA shares.
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3 equities research analysts have issued 1 year price targets for Avista's shares. Their AVA share price targets range from $33.00 to $34.00. On average, they predict the company's share price to reach $33.50 in the next year. This suggests that the stock has a possible downside of 2.5%.
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Avista's stock was trading at $35.74 on January 1st, 2024. Since then, AVA stock has decreased by 3.9% and is now trading at $34.3550.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
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Avista will be holding an earnings conference call on Wednesday, May 1st at 10:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Avista Co. (NYSE:AVA) announced its quarterly earnings data on Wednesday, February, 21st. The utilities provider reported $1.08 earnings per share for the quarter, missing the consensus estimate of $1.14 by $0.06. The utilities provider earned $504.40 million during the quarter, compared to analyst estimates of $545.78 million. Avista had a trailing twelve-month return on equity of 7.07% and a net margin of 9.77%. The company's revenue for the quarter was up 1.5% compared to the same quarter last year. During the same period in the previous year, the company earned $1.05 EPS.

Avista declared a quarterly dividend on Wednesday, February 7th. Investors of record on Friday, February 23rd will be given a dividend of $0.475 per share on Friday, March 15th. This represents a $1.90 dividend on an annualized basis and a yield of 5.53%. The ex-dividend date of this dividend is Thursday, February 22nd. This is a boost from the stock's previous quarterly dividend of $0.46.
Read our dividend analysis for AVA.

Avista (NYSE:AVA) pays an annual dividend of $1.90 per share and currently has a dividend yield of 5.59%. AVA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 22 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 85.20%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, AVA will have a dividend payout ratio of 71.97% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AVA.

ETFs with the largest weight of Avista (NYSE:AVA) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU), Global SuperDividend US ETF (DIV), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), Invesco High Yield Equity Dividend Achievers ETF (PEY), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), Global X Alternative Income ETF (ALTY) and ETC 6 Meridian Small Cap Equity ETF (SIXS).

Avista issued an update on its FY24 earnings guidance on Wednesday, February, 21st. The company provided earnings per share (EPS) guidance of $2.36-2.56 for the period, compared to the consensus estimate of $2.44.

9 employees have rated Avista Chief Executive Officer Scott L. Morris on Glassdoor.com. Scott L. Morris has an approval rating of 100% among the company's employees. This puts Scott L. Morris in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Avista investors own include AT&T (T), AbbVie (ABBV), Pfizer (PFE), Verizon Communications (VZ), Energy Transfer (ET), IDACORP (IDA), Johnson & Johnson (JNJ), Coca-Cola (KO), Southern (SO) and Exxon Mobil (XOM).

Avista's stock is owned by a number of institutional and retail investors. Top institutional investors include Congress Asset Management Co. MA (0.10%), Hennessy Advisors Inc. (0.03%), Park Avenue Securities LLC (0.02%), Columbia Advisory Partners LLC (0.01%) and Mather Group LLC. (0.00%). Insiders that own company stock include Bryan Alden Cox, David J Meyer, David J Meyer, Donald C Burke, Heidi B Stanley, James M Kensok, James M Kensok, Jason R Thackston, Kevin J Christie, Kristianne Blake, Mark T Thies, R John Taylor, Scott J Kinney, Scott L Morris and Sena M Kwawu.
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Shares of AVA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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