35.94 USD
+0.59
1.67%
At close Jan 14, 4:00 PM EST
After hours
35.94
+0.00
0.00%
1 day
1.67%
5 days
0.31%
1 month
-1.56%
3 months
-5.37%
6 months
0.42%
Year to date
-1.13%
1 year
5.99%
5 years
-24.43%
10 years
-1.86%
 

About: Avista Corp is an electric and natural gas utility company headquartered in Spokane, Washington. Avista primarily operates in the Pacific Northwest of the United States along with some operations in Juneau, Alaska. The company has two major business segments including Avista Utilities, which provides electric distribution and transmission, and natural gas distribution services in parts of eastern Washington and northern Idaho and also provides natural gas distribution service in parts of northeastern and southwestern Oregon. Avista Utilities has electric generating facilities in Washington, Idaho, Oregon and Montana. AEL&P is a regulated utility providing electric services in Juneau, Alaska that is a wholly-owned subsidiary and the primary operating subsidiary of AERC.

Employees: 1,858

0
Funds holding %
of 6,815 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

152% more call options, than puts

Call options by funds: $2.55M | Put options by funds: $1.01M

55% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 31

10% more capital invested

Capital invested by funds: $2.39B [Q2] → $2.62B (+$232M) [Q3]

4% more funds holding

Funds holding: 315 [Q2] → 327 (+12) [Q3]

5% less repeat investments, than reductions

Existing positions increased: 106 | Existing positions reduced: 111

1.66% less ownership

Funds ownership: 88.32% [Q2] → 86.65% (-1.66%) [Q3]

50% less funds holding in top 10

Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$40
11%
upside
Avg. target
$40
11%
upside
High target
$40
11%
upside

1 analyst rating

positive
0%
neutral
100%
negative
0%
Jefferies
Julien Dumoulin-Smith
52% 1-year accuracy
37 / 71 met price target
11%upside
$40
Hold
Initiated
9 Dec 2024

Financial journalist opinion

Based on 4 articles about AVA published over the past 30 days

Positive
Seeking Alpha
1 week ago
Avista: Reliable Income And Growth From A Small Utility
Avista's substantial capex plans and favorable rate cases are expected to drive significant earnings growth and higher returns on equity. Trading at a discount to peers, AVA offers value with a low price-to-earnings ratio and a book value significantly below asset replacement costs. Despite wildfire risks and regulatory challenges, AVA is well-positioned to benefit from increasing electricity demand driven by AI data centers.
Avista: Reliable Income And Growth From A Small Utility
Neutral
GlobeNewsWire
1 week ago
Avista submits 2025 Electric Integrated Resource Plan
Will issue Request for Proposals (RFP) to ensure reliable service in the future Will issue Request for Proposals (RFP) to ensure reliable service in the future
Avista submits 2025 Electric Integrated Resource Plan
Neutral
GlobeNewsWire
3 weeks ago
Avista Posts Updated Corporate Responsibility Report
The latest environmental, social and governance (ESG) information can be found at avistacorp.com .
Avista Posts Updated Corporate Responsibility Report
Neutral
GlobeNewsWire
3 weeks ago
Avista Receives Commission Decision in Washington General Rate Cases
Company pleased with the fair and balanced decision for the Company and its customers Company pleased with the fair and balanced decision for the Company and its customers
Avista Receives Commission Decision in Washington General Rate Cases
Neutral
GlobeNewsWire
2 months ago
Avista Corp. Board Declares Common Stock Dividend
SPOKANE, Wash., Nov. 14, 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. The common stock dividend is payable December 13, 2024, to shareholders of record at the close of business on November 26, 2024.
Avista Corp. Board Declares Common Stock Dividend
Positive
Benzinga
2 months ago
Wall Street's Most Accurate Analysts Spotlight 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.
Wall Street's Most Accurate Analysts Spotlight On 3 Utilities Stocks Delivering High-Dividend Yields
Neutral
Seeking Alpha
2 months ago
Avista Corporation (AVA) Q3 2024 Earnings Conference Call Transcript
Avista Corporation (NYSE:AVA ) Q3 2024 Earnings Conference Call November 6, 2024 10:30 AM ET Company Participants Stacey Wenz - IR Manager Dennis Vermillion - CEO Heather Rosentrater - President and COO Kevin Christie - SVP and CFO, Treasurer and Regulatory Affairs Officer Conference Call Participants Brian Russo - Jefferies Anthony Crowdell - Mizuho Sophie Karp - KBCM Operator Good day and thank you for standing by. Welcome to the Avista Corporation Q3 2024 Earnings Conference Call.
Avista Corporation (AVA) Q3 2024 Earnings Conference Call Transcript
Positive
Zacks Investment Research
2 months ago
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) Q3 Earnings Top Estimates
Neutral
GlobeNewsWire
2 months ago
Avista Corp. Reports Financial Results for the Third Quarter of 2024
SPOKANE, Wash., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) today announced financial results for the third quarter of 2024. Net income and earnings per diluted share for the third quarter and year-to-date 2024 compared to the same periods in 2023 are presented in the table below (dollars in thousands, except per-share data):
Avista Corp. Reports Financial Results for the Third Quarter of 2024
Neutral
GlobeNewsWire
2 months ago
Avista joins PGE, Grid United and ALLETE in 3,000 megawatt east-west transmission line
North Plains Connector transmission line continues building momentum as Avista commits to nonbinding memorandum of understanding for a 10% ownership share that would provide Avista access to a new transmission corridor. North Plains Connector transmission line continues building momentum as Avista commits to nonbinding memorandum of understanding for a 10% ownership share that would provide Avista access to a new transmission corridor.
Avista joins PGE, Grid United and ALLETE in 3,000 megawatt east-west transmission line
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