Avista (NYSE:AVA) Issues FY 2025 Earnings Guidance

Avista (NYSE:AVA) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 2.520-2.720 for the period, compared to the consensus earnings per share estimate of 2.500. The company issued revenue guidance of -.

Avista Stock Up 4.4 %

Shares of AVA traded up $1.67 during midday trading on Wednesday, hitting $39.83. The stock had a trading volume of 1,059,942 shares, compared to its average volume of 461,228. The firm has a market cap of $3.15 billion, a price-to-earnings ratio of 15.87, a price-to-earnings-growth ratio of 2.56 and a beta of 0.49. Avista has a twelve month low of $32.70 and a twelve month high of $40.17. The company has a 50 day simple moving average of $36.65 and a two-hundred day simple moving average of $37.55. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.75 and a quick ratio of 0.48.

Avista (NYSE:AVA) last posted its earnings results on Wednesday, February 26th. The utilities provider reported $0.84 earnings per share for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.02). Avista had a return on equity of 7.83% and a net margin of 10.24%. On average, analysts anticipate that Avista will post 2.3 EPS for the current year.

Avista Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Wednesday, February 26th will be issued a dividend of $0.49 per share. This represents a $1.96 dividend on an annualized basis and a yield of 4.92%. This is a positive change from Avista’s previous quarterly dividend of $0.48. The ex-dividend date is Wednesday, February 26th. Avista’s payout ratio is presently 78.09%.

Analysts Set New Price Targets

Separately, Jefferies Financial Group decreased their target price on Avista from $40.00 to $39.00 and set a “hold” rating for the company in a research report on Tuesday, January 28th.

About Avista

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.