Avista (NYSE:AVA) Releases Earnings Results, Misses Expectations By $0.02 EPS

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

Avista Stock Up 3.4 %

NYSE:AVA traded up $1.30 during mid-day trading on Wednesday, reaching $39.46. The stock had a trading volume of 317,229 shares, compared to its average volume of 452,056. The stock has a market cap of $3.12 billion, a P/E ratio of 15.73, a PEG ratio of 2.56 and a beta of 0.49. The business’s 50 day moving average is $36.65 and its 200 day moving average is $37.55. Avista has a fifty-two week low of $32.70 and a fifty-two week high of $40.17. 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 Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Wednesday, February 26th will be given a $0.49 dividend. This represents a $1.96 dividend on an annualized basis and a dividend yield of 4.97%. This is a positive change from Avista’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend is Wednesday, February 26th. Avista’s dividend payout ratio is 78.09%.

Analyst Ratings Changes

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 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.