Avista Corporation (NYSE:AVA – Free Report) – KeyCorp raised their Q3 2026 earnings estimates for shares of Avista in a research note issued on Monday, October 12th. KeyCorp analyst S. Karp now expects that the utilities provider will post earnings of $0.44 per share for the quarter, up from their previous forecast of $0.21. The consensus estimate for Avista’s current full-year earnings is $2.59 per share. KeyCorp also issued estimates for Avista’s FY2028 earnings at $2.85 EPS, FY2029 earnings at $3.15 EPS and FY2030 earnings at $3.32 EPS.
Avista (NYSE:AVA – Get Free Report) last released its quarterly earnings results on Friday, July 31st. The utilities provider reported $0.43 EPS for the quarter, beating the consensus estimate of $0.23 by $0.20. Avista had a net margin of 11.83% and a return on equity of 7.85%. The company had revenue of $413.00 million for the quarter, compared to analyst estimates of $426.93 million. During the same quarter last year, the business earned $0.17 earnings per share. The firm’s revenue was up .5% on a year-over-year basis.
View Our Latest Research Report on AVA
Avista Stock Performance
NYSE AVA opened at $36.44 on Thursday. The stock has a market capitalization of $3.05 billion, a price-to-earnings ratio of 13.15, a PEG ratio of 3.38 and a beta of 0.23. The stock has a 50-day moving average of $36.90 and a 200 day moving average of $39.65. The company has a current ratio of 1.10, a quick ratio of 0.69 and a debt-to-equity ratio of 1.08. Avista has a twelve month low of $34.46 and a twelve month high of $43.50.
Institutional Trading of Avista
A number of hedge funds and other institutional investors have recently made changes to their positions in AVA. BlackRock Inc. purchased a new position in Avista in the second quarter worth approximately $605,448,000. Dimensional Fund Advisors LP raised its holdings in Avista by 0.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,516,163 shares of the utilities provider’s stock valued at $60,860,000 after buying an additional 4,958 shares during the period. Bank of New York Mellon Corp purchased a new stake in shares of Avista in the 2nd quarter valued at approximately $37,919,000. Algert Global LLC boosted its position in shares of Avista by 15.8% during the 2nd quarter. Algert Global LLC now owns 739,725 shares of the utilities provider’s stock worth $30,262,000 after purchasing an additional 100,918 shares during the period. Finally, Gamco Investors INC. ET AL raised its position in Avista by 8.4% in the first quarter. Gamco Investors INC. ET AL now owns 549,732 shares of the utilities provider’s stock valued at $22,066,000 after purchasing an additional 42,428 shares during the period. Institutional investors and hedge funds own 85.24% of the company’s stock.
Insider Transactions at Avista
In other Avista news, VP Joshua Diluciano sold 4,675 shares of the firm’s stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of $37.24, for a total value of $174,097.00. Following the completion of the sale, the vice president directly owned 8,334 shares of the company’s stock, valued at $310,358.16. This trade represents a 35.94% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.78% of the stock is currently owned by insiders.
Avista Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, September 14th. Shareholders of record on Tuesday, August 18th were paid a dividend of $0.4925 per share. The ex-dividend date of this dividend was Tuesday, August 18th. This represents a $1.97 dividend on an annualized basis and a yield of 5.4%. Avista’s payout ratio is 71.12%.
Trending Headlines about Avista
Here are the key news stories impacting Avista this week:
- Positive Sentiment: KeyCorp more than doubled its Q3 2026 EPS forecast to $0.44 from $0.21 and increased its FY2026 estimate to $2.66 from $2.59. The firm also lifted its longer-term forecasts to $2.85 for FY2028, $3.15 for FY2029 and $3.32 for FY2030, signaling improved expectations for Avista’s earnings trajectory. KeyCorp earnings estimate updates
- Positive Sentiment: A valuation-focused analysis identified Avista as a potential value opportunity among electric utilities. Its relatively low valuation and defensive utility business may attract investors seeking income and stability, while the stock’s low beta reinforces its defensive profile. AVA versus PNW value analysis
- Neutral Sentiment: KeyCorp lowered its Q4 2026 EPS forecast to $0.68 from $0.84, partially offsetting the improved full-year and longer-term estimates. The revision suggests near-term earnings may be uneven despite better expectations for future periods. Avista quarterly earnings estimates
- Negative Sentiment: Avista was newly rated “Hold” by sell-side brokerages, indicating limited conviction that the shares will materially outperform in the near term. Avista receives Hold rating
- Negative Sentiment: An analysis highlighted financing challenges that could constrain growth or pressure shareholder returns, even though Avista’s discounted valuation offers potential upside. Avista valuation and financing analysis
About Avista
Avista Corporation is an energy company headquartered in Spokane, Washington. Through its Avista Utilities subsidiary, the company generates, transmits and distributes electricity and provides natural gas service to residential, commercial and industrial customers.
Avista Utilities serves communities in eastern Washington and northern Idaho, with natural gas operations also extending into parts of Oregon. The company’s energy portfolio includes hydroelectric, thermal and renewable generation resources, supported by transmission and distribution infrastructure.
Avista also operates Alaska Electric Light & Power Company, which provides electric service to customers in Juneau, Alaska.
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