Avista (NYSE:AVA) Issues FY 2026 Earnings Guidance

Avista (NYSE:AVA) issued an update on its FY 2026 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 2.520-2.720 for the period, compared to the consensus EPS estimate of 2.600. The company issued revenue guidance of -.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Wall Street Zen raised shares of Avista from a “sell” rating to a “hold” rating in a report on Saturday, April 18th. Wells Fargo & Company set a $39.00 price target on Avista in a report on Tuesday, April 21st. Zacks Research upgraded Avista from a “strong sell” rating to a “hold” rating in a research report on Friday, May 22nd. Weiss Ratings upgraded Avista from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, July 23rd. Finally, Barclays increased their price objective on Avista from $39.00 to $40.00 and gave the stock an “equal weight” rating in a report on Monday, July 6th. One analyst has rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $40.00.

Avista Price Performance

NYSE:AVA traded down $0.83 during mid-day trading on Monday, hitting $39.62. 1,651,841 shares of the stock traded hands, compared to its average volume of 674,301. The business’s 50-day moving average price is $41.35 and its 200 day moving average price is $40.99. The company has a quick ratio of 0.60, a current ratio of 0.90 and a debt-to-equity ratio of 1.01. The company has a market cap of $3.27 billion, a PE ratio of 15.78, a price-to-earnings-growth ratio of 3.79 and a beta of 0.25. Avista has a 12-month low of $35.50 and a 12-month high of $43.50.

Avista (NYSE:AVA) last posted its earnings results on Friday, July 31st. The utilities provider reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.20. Avista had a net margin of 10.75% and a return on equity of 7.65%. The business had revenue of $413.00 million for the quarter, compared to analysts’ expectations of $426.93 million. During the same period in the prior year, the company posted $0.17 EPS. The business’s revenue for the quarter was up .5% compared to the same quarter last year. On average, analysts expect that Avista will post 2.58 EPS for the current fiscal year.

Avista Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Tuesday, May 19th were given a $0.4925 dividend. This represents a $1.97 dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date was Tuesday, May 19th. Avista’s dividend payout ratio (DPR) is 78.49%.

Insider Activity

In related news, SVP Wayne O. Manuel sold 1,593 shares of Avista stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $40.98, for a total transaction of $65,281.14. Following the completion of the sale, the senior vice president owned 10,521 shares of the company’s stock, valued at approximately $431,150.58. This trade represents a 13.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.78% of the company’s stock.

Trending Headlines about Avista

Here are the key news stories impacting Avista this week:

• Positive Sentiment: Avista reported second-quarter GAAP earnings of $0.43 per diluted share, up from $0.17 a year earlier and well above the $0.23 consensus estimate. Net income more than doubled to $35 million from $14 million, while first-half earnings rose to $1.54 per share from $1.15. Avista Q2 2026 Financial Results
• Positive Sentiment: Management reaffirmed 2026 non-GAAP utility earnings guidance of $2.52 to $2.72 per share, citing disciplined cost control, operational execution and favorable rate-case impacts. The company continues to plan approximately $615 million in 2026 utility capital expenditures. Avista Q2 Results and Guidance
• Neutral Sentiment: The earnings improvement was driven substantially by gains at Avista’s non-regulated investment businesses, which recovered from losses in 2025. Core utility earnings per share were unchanged year over year at $0.29 in the quarter, making the quality and sustainability of the earnings beat an investor focus.
• Negative Sentiment: The updated full-year EPS range of $2.52 to $2.72 is broad and includes a low end below the $2.60 analyst consensus. Avista also expects investment-related volatility and cannot provide comparable GAAP earnings guidance. Avista Q2 2026 Earnings Call Transcript
• Negative Sentiment: Multiple wildfires in the Spokane, Washington area reportedly caused extensive damage to Avista’s power grid and service disruptions. Potential repair costs, outages, regulatory scrutiny or liability could pressure near-term cash flow and sentiment. Avista Reports Wildfire Damage
• Negative Sentiment: Year-to-date electric and natural-gas revenues declined because of lower wholesale activity, regulatory adjustments and the departure of a large industrial customer. The company is also evaluating up to $100 million of additional short-term liquidity needs.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Goldman Sachs Group Inc. boosted its stake in Avista by 105.1% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,137,236 shares of the utilities provider’s stock worth $43,829,000 after buying an additional 582,742 shares in the last quarter. Qube Research & Technologies Ltd grew its position in Avista by 1,723.9% during the third quarter. Qube Research & Technologies Ltd now owns 442,427 shares of the utilities provider’s stock valued at $16,728,000 after acquiring an additional 418,170 shares during the last quarter. State Street Corp lifted its holdings in shares of Avista by 8.3% in the 2nd quarter. State Street Corp now owns 5,191,896 shares of the utilities provider’s stock worth $197,032,000 after acquiring an additional 398,446 shares during the last quarter. Norges Bank purchased a new stake in shares of Avista in the 4th quarter valued at $13,533,000. Finally, Sei Investments Co. boosted its stake in shares of Avista by 216.5% in the 3rd quarter. Sei Investments Co. now owns 477,238 shares of the utilities provider’s stock valued at $18,044,000 after purchasing an additional 326,469 shares in the last quarter. 85.24% of the stock is currently owned by institutional investors.

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.