Avista Corp

Avista Corp Stock Forecast & Price Prediction

Live Avista Corp Stock (AVA) Price
$38.65

3

Ratings

  • Buy 0
  • Hold 2
  • Sell 1
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$38.65

P/E Ratio

15.58

Volume Traded Today

$368,711

Dividend

$0.475

52 Week High/low

39.99/30.89

Avista Corp Market Cap

$3.04B

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AVA Summary

From what 3 stock analysts predict, the share price for Avista Corp (AVA) might increase by 3.49% in the next year. This is based on a 12-month average estimation for AVA. Price targets go from $36 to $50. The majority of stock analysts believe AVA is a hold. Please note analyst price targets are not guaranteed and could be missed completely.

AVA Analyst Ratings

About 3 Wall Street analysts have assignedAVA 0 buy ratings, 2 hold ratings, and 1 sell ratings. This means that analysts expect Avista Corp to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on AVA. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

AVA stock forecast by analyst

These are the latest 20 analyst ratings of AVA.

Analyst/Firm

Rating

Price Target

Change

Date

Ross Fowler
B of A Securities

Underperform

$37

Reinstates

Sep 12, 2024
Anthony Crowdell
Mizuho

Neutral

$36

Upgrade

May 3, 2024
Shahriar Pourreza
Guggenheim

Neutral

$34

Upgrade

Jan 22, 2024
Anthony Crowdell
Mizuho

Underperform

$33

Maintains

Sep 22, 2023
Sophie Karp
Keybanc

Sector Weight


Upgrade

Aug 25, 2023
Anthony Crowdell
Mizuho

Underperform

$36

Maintains

Jul 21, 2023
Shahriar Pourreza
Guggenheim

Sell

$33

Maintains

Jul 7, 2023
Anthony Crowdell
Mizuho

Underperform

$38

Downgrade

Feb 9, 2023
Sophie Karp
Keybanc

Underweight

$32

Maintains

Jan 17, 2023
Anthony Crowdell
Mizuho

Neutral

$44

Maintains

Dec 13, 2022
Anthony Crowdell
Mizuho

Neutral

$40

Downgrade

Nov 2, 2022
Sophie Karp
Keybanc

Underweight

$33

Downgrade

Nov 2, 2022
Anthony Crowdell
Mizuho

Buy


Upgrade

Sep 23, 2022
Anthony Crowdell
Mizuho

Neutral

$44

Maintains

Jun 29, 2022

Mizuho

Neutral


Initiates

Mar 10, 2022

Sidoti & Co.

Neutral


Downgrade

Mar 26, 2021

B of A Securities

Underperform


Downgrade

Jan 8, 2021

B of A Securities

Neutral

$35

Downgrade

Sep 22, 2020

Keybanc

Sector Weight


Upgrade

Mar 24, 2020

KeyBanc

Sector Weight


Upgrade

Mar 24, 2020

AVA Company Information

What They Do: Operates as an electric and natural gas utility.

Business Model: The company generates revenue primarily through the distribution and transmission of electricity and natural gas to residential and commercial customers in the Pacific Northwest and Alaska. It also engages in wholesale trading of electricity and natural gas, and has a diverse generation portfolio including hydroelectric, thermal, wind, and solar facilities.

Other Information: As of December 31, 2023, Avista Corporation serves approximately 416,000 retail electric customers and 381,000 retail natural gas customers. The company operates five hydroelectric generation facilities and four diesel generating facilities, contributing to its generation capacity. Additionally, Avista is involved in various investments, including venture funds and real estate.

When did it IPO

1987

Staff Count

0

Country

United States

Sector/Industry

Utilities/Utilities—Diversified

CEO

Mr. Dennis P. Vermillion

Market Cap

$3.04B

Avista Corp (AVA) Financial Data

In 2023, AVA generated $1.75B in revenue, which was a increase of 2.42% from the previous year. This can be seen as a signal that AVA's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$1.32B

Revenue From 2021

$1.44B

8.85 %
From Previous Year

Revenue From 2022

$1.71B

18.85 %
From Previous Year

Revenue From 2023

$1.75B

2.42 %
From Previous Year
  • Revenue TTM $1.91B
  • Operating Margin TTM 13.9%
  • Gross profit TTM $1.05B
  • Return on assets TTM 2.4%
  • Return on equity TTM 7.8%
  • Profit Margin 10.1%
  • Book Value Per Share 32.11%
  • Market capitalisation $3.04B
  • Revenue for 2021 $1.44B
  • Revenue for 2022 $1.71B
  • Revenue for 2023 $1.75B
  • EPS this year (TTM) $2.48

Avista Corp (AVA) Latest News

News Image

Tue, 03 Sep 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Avista is seeking long-term renewable natural gas resources for its customers through a request for proposal (RFP), as announced on September 3, 2024.

Why It Matters - Avista's RFP for renewable natural gas signals a strategic shift towards sustainable energy, potentially enhancing long-term profitability and environmental compliance, impacting investor sentiment.

News Image

Fri, 30 Aug 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Changes for electric customers will take effect on November 1, 2024, and for natural gas customers on November 15, 2024.

Why It Matters - The upcoming changes in utility rates could impact revenue and profitability for energy companies, influencing stock prices and investor sentiment in the sector.

News Image

Mon, 26 Aug 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Heather Rosentrater has been appointed as the first female CEO in the Company's history.

Why It Matters - The appointment of Heather Rosentrater as the first female CEO signals potential shifts in corporate culture and governance, which may impact investor sentiment and company performance.

News Image

Mon, 19 Aug 2024

Sentiment - POSITIVE

Source - Benzinga

Summary - Investors often seek dividend-yielding stocks during market turbulence, as these companies typically have strong cash flows and provide substantial shareholder dividends.

Why It Matters - In turbulent markets, dividend-yielding stocks attract investors seeking stability and income, often indicating strong cash flows and reliable returns amidst uncertainty.

News Image

Fri, 16 Aug 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - Avista Corporation, a regulated utility in the Pacific Northwest, plans to invest $1.6 billion for growth, targeting a 9%-11% annual total return. Stock up 19.16%, underperforming the S&P 500.

Why It Matters - Avista's growth strategy and significant investment in expansion indicate potential for future earnings, but underperformance against the S&P 500 raises concerns about its competitiveness.

News Image

Wed, 07 Aug 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Avista Corporation (NYSE: AVA) will hold its Q2 2024 earnings conference call on August 7, 2024, at 10:30 AM ET, featuring key executives including the CEO and CFO.

Why It Matters - Avista Corporation's Q2 2024 earnings call provides insights into financial performance and strategic direction, influencing stock valuation and investor sentiment.

...

AVA Frequently asked questions

The highest forecasted price for AVA is $50 from at .

The lowest forecasted price for AVA is $36 from Anthony Crowdell from Mizuho

The AVA analyst ratings consensus are 0 buy ratings, 2 hold ratings, and 1 sell ratings.