Avista Corporation (AVA) To Go Ex-Dividend on August 18th

Avista Corporation (NYSE:AVA) declared a quarterly dividend on Tuesday, August 4th. Investors of record on Tuesday, August 18th will be given a dividend of 0.4925 per share by the utilities provider on Monday, September 14th. This represents a c) dividend on an annualized basis and a yield of 5.0%. The ex-dividend date of this dividend is Tuesday, August 18th.

Avista has raised its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend annually for the last 23 consecutive years. Avista has a dividend payout ratio of 71.9% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Avista to earn $2.72 per share next year, which means the company should continue to be able to cover its $1.97 annual dividend with an expected future payout ratio of 72.4%.

Avista Stock Up 1.2%

Shares of NYSE:AVA opened at $39.11 on Friday. The company has a market capitalization of $3.28 billion, a PE ratio of 14.12, a price-to-earnings-growth ratio of 3.67 and a beta of 0.25. Avista has a 52-week low of $35.50 and a 52-week high of $43.50. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.69 and a current ratio of 1.10. The company has a fifty day moving average of $40.81 and a 200-day moving average of $40.90.

Avista (NYSE:AVA) last issued its earnings results on Monday, August 3rd. The utilities provider reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.20. Avista had a return on equity of 7.85% and a net margin of 11.83%.The business had revenue of $413.00 million during the quarter, compared to analysts’ expectations of $426.93 million. During the same quarter in the prior year, the firm earned $0.17 EPS. The business’s revenue for the quarter was up .5% compared to the same quarter last year. Avista has set its FY 2026 guidance at 2.520-2.720 EPS. On average, equities analysts predict that Avista will post 2.58 EPS for the current fiscal year.

Institutional Investors Weigh In On Avista

Large investors have recently modified their holdings of the company. UMB Bank n.a. lifted its holdings in Avista by 90.7% in the fourth quarter. UMB Bank n.a. now owns 637 shares of the utilities provider’s stock valued at $25,000 after buying an additional 303 shares during the period. Bayban acquired a new stake in Avista during the 4th quarter worth about $35,000. Headlands Technologies LLC acquired a new stake in Avista during the 2nd quarter worth about $37,000. Global Retirement Partners LLC bought a new position in shares of Avista in the 2nd quarter worth about $42,000. Finally, Aquatic Capital Management LLC acquired a new position in shares of Avista in the 3rd quarter valued at about $43,000. 85.24% of the stock is currently owned by institutional investors and hedge funds.

Avista Company Profile

Avista Corporation operates as an integrated energy company providing electric and natural gas delivery services to residential, commercial and industrial customers in the Pacific Northwest. Through its regulated utility operations, the company maintains and upgrades an extensive transmission and distribution network, delivering reliable energy to approximately 400,000 electric customers and 324,000 natural gas customers across Washington, Oregon and Idaho. In addition to its core utility business, Avista invests in owned generation assets, including hydroelectric, natural gas–fired, coal and wind facilities, to support system reliability and long-term supply planning.

Founded in 1889 as the Spokane and Inland Empire Water Power Company, the business adopted the Avista name in 1999 to reflect its growing energy portfolio and strategic focus on innovation.