Avista (NYSE:AVA) Issues Quarterly Earnings Results, Misses Estimates By $0.02 EPS

Posted by Marion Hillson on Feb 26th, 2025

Avista (NYSE:AVA – Get Free Report) announced its earnings results on Wednesday. The utilities provider reported $0.84 earnings per share for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.02), Zacks reports. Avista had a net margin of 10.24% and a return on equity of 7.83%. Avista updated its FY 2025 guidance to 2.520-2.720 EPS.

Avista Stock Performance

AVA traded up $1.37 on Wednesday, reaching $39.53. The stock had a trading volume of 275,498 shares, compared to its average volume of 451,063. The company has a market cap of $3.13 billion, a P/E ratio of 15.77, a price-to-earnings-growth ratio of 2.56 and a beta of 0.49. The business’s 50-day moving average price is $36.62 and its two-hundred day moving average price is $37.55. The company has a current ratio of 0.75, a quick ratio of 0.48 and a debt-to-equity ratio of 1.05. Avista has a 12-month low of $32.70 and a 12-month high of $40.17.

Avista Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Wednesday, February 26th will be issued a $0.49 dividend. This is a boost from Avista’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend is Wednesday, February 26th. This represents a $1.96 dividend on an annualized basis and a yield of 4.96%. Avista’s payout ratio is presently 78.09%.

Wall Street Analysts Forecast Growth

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

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About Avista

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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.