Avista Corporation

NYSE:AVA Stock Report

Market Cap: US$3.4b

Avista Dividends and Buybacks

Dividend criteria checks 5/6

Avista is a dividend paying company with a current yield of 4.83% that is well covered by earnings.

Key information

4.8%

Dividend yield

-2.2%

Buyback Yield

Total Shareholder Yield2.6%
Future Dividend Yield5.2%
Dividend Growth4.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio78%

Recent dividend and buyback updates

Recent updates

Narrative Update Apr 22

AVA: Environmental Compliance Progress And Dividend Profile Will Support Balanced Outlook

Analysts have revised their price target for Avista to $42.80 from $40.33, citing updated assumptions for revenue growth, profit margin, and future P/E that refine their outlook on the stock's valuation. What’s in the News Federal regulators completed an environmental assessment of Avista’s proposal to rehabilitate the North Channel Dam at the Spokane River Hydroelectric Project, finding that the amendment with environmental measures would not significantly affect the quality of the human environment.
Seeking Alpha Mar 14

Avista: Nice Yield And Valuation, But Growth May Be Limited

Summary Avista Corporation offers a stable, regulated utility profile with a 5.01% dividend yield and consistent net income growth exceeding inflation over five years. AVA’s customer base is limited by its rural service territory, resulting in a smaller scale versus urban-focused peers, but its financial stability remains attractive. The company’s five-year, $3.41 billion capital plan targets a 5% annual rate base growth, with potential upside to 12% if additional investments materialize. AVA trades at a forward P/E of 14.97, below sector averages, making it reasonably valued, though near-term growth is expected to lag utility sector peers. Read the full article on Seeking Alpha
Narrative Update Mar 13

AVA: Resource Plan And Storage Projects Will Support Steady Dividend Profile

Analysts have trimmed their price target on Avista slightly to about $40.33 from $40.60, reflecting small tweaks to assumptions around long term revenue growth, profit margins, and future P/E expectations. What's in the News The board declared a quarterly dividend of $0.4925 per share on common stock, implying an annualized dividend of $1.97, payable on March 13, 2026 to shareholders of record on February 25, 2026 (Key Developments).
Narrative Update Feb 26

AVA: Resource Plan And Storage Additions Will Support Balanced Dividend Outlook

Analysts have maintained their $40.60 price target on Avista, citing updated assumptions for slightly higher revenue growth, a marginally stronger profit margin, and a modestly higher future P/E as the main factors supporting their reaffirmed view. What's in the News The board has declared a quarterly dividend of $0.4925 per share on common stock, implying an annualized dividend of $1.97.
Narrative Update Feb 12

AVA: Resource Plan And Storage Investments Will Support Steady Dividend Outlook

Analysts have maintained their $40.60 price target for Avista, noting only very small updates to inputs such as the discount rate, revenue growth, profit margin, and future P/E assumptions that do not materially change their overall view of the stock. What's in the News The board declared a quarterly dividend of $0.4925 per share on common stock, which equates to an annualized dividend of $1.97, payable on March 13, 2026, to shareholders of record as of February 25, 2026 (Key Developments).
Narrative Update Jan 29

AVA: Resource Plan And Storage Projects Will Support Steady Outlook

Analysts have adjusted their price target on Avista to reflect updated assumptions around revenue growth, profit margins, and a slightly higher discount rate. However, their view of fair value per share remains broadly aligned with earlier estimates.
Analysis Article Jan 09

There's Been No Shortage Of Growth Recently For Avista's (NYSE:AVA) Returns On Capital

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Narrative Update Nov 02

AVA: Long-Term Earnings Growth Will Steady Energy Delivery Outlook

Avista's analyst fair value price target has been modestly reduced from $41.00 to $40.60 as analysts recalibrate their expectations in light of updated revenue growth and profitability forecasts. What's in the News Avista Corporation confirmed consolidated earnings guidance for the year ending December 31, 2025, with an expected earnings range of $2.52 to $2.72 per diluted share (Key Developments).
Analysis Article Sep 17

Calculating The Intrinsic Value Of Avista Corporation (NYSE:AVA)

Key Insights The projected fair value for Avista is US$37.78 based on Dividend Discount Model With US$35.55 share...
Analysis Article Aug 10

Avista Corporation Just Missed Earnings - But Analysts Have Updated Their Models

The second-quarter results for Avista Corporation ( NYSE:AVA ) were released last week, making it a good time to...
Analysis Article Jul 18

Avista (NYSE:AVA) Use Of Debt Could Be Considered Risky

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article May 03

Slowing Rates Of Return At Avista (NYSE:AVA) Leave Little Room For Excitement

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
Analysis Article Apr 08

Is Avista (NYSE:AVA) A Risky Investment?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Seeking Alpha Mar 25

Avista Corporation: A Proven Ability To Handle Recessions

Summary Avista Corporation is a regulated utility serving the Pacific Northwest and Alaska, providing it with stable cash flows and defensive qualities. The company’s Pacific Northwest operations are crucial, contributing the majority of its net income. The Pacific Northwest enjoys favorable demographic trends, which offsets potential demographic weaknesses in Alaska. Avista plans to invest $2.975 billion from 2025-2029 to grow its rate base, targeting a 5%-6% compound annual growth rate. With a 4.94% yield and historical resilience during recessions, Avista is positioned as a strong defensive investment, especially if a recession hits. Read the full article on Seeking Alpha
Analysis Article Mar 21

Avista Corporation's (NYSE:AVA) Business Is Trailing The Market But Its Shares Aren't

There wouldn't be many who think Avista Corporation's ( NYSE:AVA ) price-to-earnings (or "P/E") ratio of 17.8x is worth...
Analysis Article Feb 22

Should You Be Adding Avista (NYSE:AVA) To Your Watchlist Today?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Jan 20

Avista's (NYSE:AVA) Returns Have Hit A Wall

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...
Seeking Alpha Jan 07

Avista: Reliable Income And Growth From A Small Utility

Summary Avista's substantial capex plans and favorable rate cases are expected to drive significant earnings growth and higher returns on equity. Trading at a discount to peers, AVA offers value with a low price-to-earnings ratio and a book value significantly below asset replacement costs. Despite wildfire risks and regulatory challenges, AVA is well-positioned to benefit from increasing electricity demand driven by AI data centers. Read the full article on Seeking Alpha
Analysis Article Dec 05

Here's Why Avista (NYSE:AVA) Has A Meaningful Debt Burden

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Nov 21

Is Now The Time To Put Avista (NYSE:AVA) On Your Watchlist?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Nov 02

A Look At The Fair Value Of Avista Corporation (NYSE:AVA)

Key Insights Avista's estimated fair value is US$44.55 based on Dividend Discount Model Current share price of US$36.70...
Seeking Alpha Oct 20

Avista: Slightly Undervalued, Significant Leverage And Better Protection With This Strategy

Summary As a regulated utility, Avista has a narrow economic moat, a 5% dividend yield and 3-4% dividend growth. The stock is approximately 12-13% undervalued, based on both a relative and an absolute valuation. A bullish 40/35 Put spread strategy could yield close to 200% annualized return if the stock price exceeds $40, and could bring profits even with the stock price slightly down. Lower interest rates, increased electricity demand from AI, EVs and other sources and a slight increase in population are key drivers for Avista's growth and valuation. Read the full article on Seeking Alpha
Analysis Article Oct 18

Insufficient Growth At Avista Corporation (NYSE:AVA) Hampers Share Price

Avista Corporation's ( NYSE:AVA ) price-to-earnings (or "P/E") ratio of 15.4x might make it look like a buy right now...
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New Narrative Sep 05

Renewable Energy Shift And Innovations Signal Strong Future Despite Analyst Concerns

Avista's shift towards renewable energy and away from coal, along with advancements in wildfire mitigation and grid hardening, aims to improve sustainability, reduce costs, and enhance net margins.
Analysis Article Aug 20

Analysts Are Betting On Avista Corporation (NYSE:AVA) With A Big Upgrade This Week

Avista Corporation ( NYSE:AVA ) shareholders will have a reason to smile today, with the analysts making substantial...
Seeking Alpha Aug 16

Avista: Population And Electric Consumption Growth Driving The Story

Summary Avista Corporation is a regulated electric utility serving the Pacific Northwest with a low carbon footprint and strong growth potential. The stock price has risen by 19.16% since the last article we published, underperforming the S&P 500 Index. The company plans to invest $1.6 billion in rate base expansion to grow earnings per share and deliver a 9% to 11% total return annually. Electric consumption in the company's service territory has been growing at a very rapid pace, and it will likely accelerate going forward due to AI and data center needs. The company boasts a strong balance sheet and a fair valuation. Read the full article on Seeking Alpha
Analysis Article Jul 29

A Look At The Intrinsic Value Of Avista Corporation (NYSE:AVA)

Key Insights Avista's estimated fair value is US$42.92 based on Dividend Discount Model Current share price of US$39.35...
Analysis Article Jul 15

Is Avista (NYSE:AVA) A Risky Investment?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Jun 29

Slowing Rates Of Return At Avista (NYSE:AVA) Leave Little Room For Excitement

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Seeking Alpha Jun 01

Avista: Growth And Income In The Renewable Energy Space

Summary Avista is a utility company with a growing renewable energy business, including hydro, wind, and biomass. The company exhibits strong financials with a conservative balance sheet relative to peers. Compared to its historical multiple, the company appears to be trading at a discount at 14.8% earnings. With a 5.1% yield and undervaluation relative to its historical multiple, Avista has potential for both growth and income. Read the full article on Seeking Alpha
Analysis Article May 08

Avista's (NYSE:AVA) Earnings Are Weaker Than They Seem

Avista Corporation ( NYSE:AVA ) announced strong profits, but the stock was stagnant. Our analysis suggests that this...
Analysis Article May 05

Avista Corporation Just Missed Earnings - But Analysts Have Updated Their Models

Investors in Avista Corporation ( NYSE:AVA ) had a good week, as its shares rose 4.9% to close at US$37.30 following...
Analysis Article Mar 28

These 4 Measures Indicate That Avista (NYSE:AVA) Is Using Debt Extensively

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article Mar 08

Avista (NYSE:AVA) May Have Issues Allocating Its Capital

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
Analysis Article Feb 21

A Look At The Fair Value Of Avista Corporation (NYSE:AVA)

Key Insights Using the Dividend Discount Model, Avista fair value estimate is US$42.12 Avista's US$33.94 share price...

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: AVA's dividends per share have been stable in the past 10 years.

Growing Dividend: AVA's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Avista Dividend Yield vs Market
How does AVA dividend yield compare to the market?
SegmentDividend Yield
Company (AVA)4.8%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.2%
Industry Average (Integrated Utilities)3.3%
Analyst forecast (AVA) (up to 3 years)5.2%

Notable Dividend: AVA's dividend (4.83%) is higher than the bottom 25% of dividend payers in the US market (1.41%).

High Dividend: AVA's dividend (4.83%) is in the top 25% of dividend payers in the US market (4.24%)


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (77.7%), AVA's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: AVA is paying a dividend but the company has no free cash flows.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/06 15:06
End of Day Share Price 2026/05/06 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Avista Corporation is covered by 11 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael LoneganBarclays
Ross FowlerBofA Global Research
Nathan BatesD.A. Davidson & Co.