AVA Stock Recent News

SPOKANE, Wash., April 05, 2024 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss first quarter 2024 results on Wednesday, May 1, 2024, at 10:30 a.m. Eastern Daylight Time. A news release with first quarter 2024 earnings information will be issued at 7:05 a.m. Eastern Daylight Time on May 1, 2024.

SPOKANE, Wash., Jan. 12, 2024 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss fourth quarter 2023 results on Wednesday, February 21, 2024, at 10:30 a.m. Eastern Daylight Time. A news release with fourth quarter 2023 earnings information will be issued at 7:05 a.m. Eastern Daylight Time on February 21, 2024.

Avista Corporation consists of two regulated utilities: Avista Utilities, based Spokane, and Alaska Electric Light & Power. The company was in the top-10 for overall utility returns in 2022. Avista has a total electric generating capacity of 2,110 megawatts, with 57.0% of this coming from renewable sources, primarily hydro.  The US utility renewable average is only 20.0%. The company offers an attractive dividend yield of 5.08% with a 21-year streak of increases. The next raise will likely be in February, and I project a 5.0% boost.

Avista (AVA), with its regular dividend payment and rising earnings estimates, makes a strong case for investment in the utility space.

Avista is a utility company that operates in the electric and natural gas sector, with a focus on renewable energy. The company has shown steady revenue and earnings growth over the past decade, with a 20-year streak of annual dividend increases. Avista is attractively valued with a P/E ratio of 15.3 and offers a 5.2% dividend yield, making it a solid investment opportunity.

Avista Corporation is a regulated electric and natural gas utility operating in the Pacific Northwest and Alaska. The company has stable cash flows and a high dividend yield of 5.72%. Despite a decline in stock price, Avista Corporation has outperformed the U.S. Utilities Index and may be undervalued.

SPOKANE, Wash., Oct. 11, 2023 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss third quarter 2023 results on Wednesday, November 1, 2023, at 10:30 a.m. Eastern Daylight Time. A news release with third quarter 2023 earnings information will be issued at 7:05 a.m. Eastern Daylight Time on November 1, 2023.

Avista Corporation is a regulated electric and natural gas utility operating in the Pacific Northwest states. The company enjoys stable revenue and cash flow due to customers considering its product a necessity. Avista Corporation has plans to invest in infrastructure upgrades and expects to grow its rate base and earnings per share.

Avista (AVA) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.16 per share a year ago.

In trading on Friday, shares of Avista were yielding above the 5% mark based on its quarterly dividend (annualized to $1.84)