Avista (AVA) Q3 Earnings Top Estimates
Avista (AVA) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.19 per share a year ago.
Avista (AVA) Expected to Beat Earnings Estimates: Should You Buy?
Avista (AVA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
AVA vs. ED: Which Stock Is the Better Value Option?
Investors with an interest in Utility - Electric Power stocks have likely encountered both Avista (AVA) and Consolidated Edison (ED). But which of these two stocks offers value investors a better bang for their buck right now?
Avista: Slightly Undervalued, Significant Leverage And Better Protection With This Strategy
As a regulated utility, Avista has a narrow economic moat, a 5% dividend yield and 3-4% dividend growth. The stock is approximately 12-13% undervalued, based on both a relative and an absolute valuation. A bullish 40/35 Put spread strategy could yield close to 200% annualized return if the stock price exceeds $40, and could bring profits even with the stock price slightly down.
Wall Street's Most Accurate Analysts Give Their Take On 3 Utilities Stocks Delivering High-Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Avista: Population And Electric Consumption Growth Driving The Story
Avista Corporation is a regulated electric utility serving the Pacific Northwest with a low carbon footprint and strong growth potential. The stock price has risen by 19.16% since the last article we published, underperforming the S&P 500 Index. The company plans to invest $1.6 billion in rate base expansion to grow earnings per share and deliver a 9% to 11% total return annually.
Avista Corporation (AVA) Q2 2024 Earnings Call Transcript
Avista Corporation (NYSE:AVA ) Q2 2024 Earnings Conference Call August 7, 2024 10:30 AM ET Company Participants Stacey Wenz - Investor Relations Manager Dennis Vermillion - CEO & Director Heather Rosentrater - President & COO Kevin Christie - CFO, Treasurer & SVP, Regulatory Affairs Conference Call Participants Brian Russo - Jefferies Willard Grainger - Mizuho Operator Good day and thank you for standing by. Welcome to the Avista Corporation Q2 2024 Earnings Conference Call.
Wall Street's Most Accurate Analysts Say Hold These 3 Utilities Stocks With Over 5% Dividend Yields
During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks.
Avista: Growth And Income In The Renewable Energy Space
Avista is a utility company with a growing renewable energy business, including hydro, wind, and biomass. The company exhibits strong financials with a conservative balance sheet relative to peers. Compared to its historical multiple, the company appears to be trading at a discount at 14.8% earnings.
Avista Co. (AVA) To Go Ex-Dividend on May 22nd
Avista Co. (NYSE:AVA – Get Free Report) announced a quarterly dividend on Wednesday, May 1st, Wall Street Journal reports. Stockholders of record on Thursday, May 23rd will be given a dividend of 0.475 per share by the utilities provider on Friday, June 14th. This represents a $1.90 dividend on an annualized basis and a dividend yield of 4.95%. The ex-dividend date is Wednesday, May 22nd. Avista has increased its dividend payment by an average of 4.3% per year over the last three years and has increased its dividend annually for the last 22 consecutive years. Avista has a payout ratio of 73.1% indicating that its dividend is sufficiently covered by earnings. Avista Price Performance Shares of AVA stock opened at $38.38 on Monday. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.97 and a quick ratio of 0.69. The company has a market capitalization of $3.00 billion, a PE ratio of 15.93 and a beta of 0.48. The firm’s 50-day moving average is $35.38 and its two-hundred day moving average is $34.81. Avista has a 12 month low of $30.53 and a 12 month high of $43.22. Avista (NYSE:AVA – Get Free Report) last issued its quarterly earnings data on Wednesday, May 1st. The utilities provider reported $0.91 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.00 by ($0.09). Avista had a net margin of 9.96% and a return on equity of 7.65%. The company had revenue of $594.90 million during the quarter, compared to analysts’ expectations of $469.34 million. During the same quarter last year, the firm posted $0.73 earnings per share. The firm’s quarterly revenue was up 29.3% on a year-over-year basis. Analysts predict that Avista will post 2.46 earnings per share for the current year. Analysts Set New Price Targets A number of research analysts have commented on the company. Mizuho upgraded Avista from an “underperform” rating to a “neutral” rating and upped their price target for the stock from $32.00 to $36.00 in a research note on Friday, May 3rd. Guggenheim raised Avista from a “sell” rating to a “neutral” rating and set a $34.00 target price on the stock in a research note on Monday, January 22nd. Finally, StockNews.com raised Avista from a “sell” rating to a “hold” rating in a research report on Friday, May 10th. Four investment analysts have rated the stock with a hold rating, Based on data from MarketBeat, Avista currently has an average rating of “Hold” and an average price target of $35.00. Get Our Latest Stock Report on Avista Avista Company Profile (Get Free Report) 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.
