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AVA

AVA

Utilities · Utilities - Diversified

$41.51+1.29%
Mkt Cap: $3.43BDY: 4.80%

Performance

AVA (AVA) Stock Analysis 2026

Rule-based · Updated daily · Not financial advice

AVA (AVA) operates in the Utilities - Diversified space within the Utilities sector. With a market cap of $3.4B, it qualifies as a small-cap company. Revenue has been contracting year-over-year, a headwind that investors will watch closely in upcoming earnings.

Bull Case4
  • Forward P/E (14.9×) is lower than trailing P/E (16.5×) — analysts expect earnings to improve
  • Healthy profit margin of 10.7%
  • Dividend yield of 4.80% provides consistent income on top of price appreciation
  • Low beta of 0.23 — less volatile than the market, suitable for conservative portfolios
Bear Case3
  • Revenue declined 8% YoY — warning sign for business momentum
  • High debt-to-equity of 119.09× increases financial risk, especially with elevated interest rates
  • Current ratio below 1 (0.90×) — short-term liabilities exceed current assets

Verdict

Buy / Hold

More positives than negatives. Fundamentals support holding while monitoring key risks.

AI Insight

Powered by Claude

AI-generated analysis for informational purposes only. Not financial advice.

Related Articles

Revenue & Results

Dividends

Current DY

4.80%

5Y Avg Annual

$1.6892

Last Payment

$0.4930

Ex-Date

05/19/2026

Annual dividends paid per share

2011
2019
2026
Ex-DatePaymentAmountEst. DY
Latest05/19/2026
06/12/2026$0.49304.75%
02/25/2026
03/21/2026$0.49304.75%
11/24/2025
12/18/2025$0.49004.72%
08/19/2025
09/12/2025$0.49004.72%
05/13/2025
06/06/2025$0.49004.72%
02/26/2025
03/22/2025$0.49004.72%
11/26/2024
12/20/2024$0.47504.58%
08/22/2024
09/15/2024$0.47504.58%

Magic Number

Shares needed to self-fund your next purchase

$41.51

Price

÷

$0.4930

Last div. (quarterly)

=

85

shares

Own 85 AVA shares ($3,528.35) and each quarterly dividend pays for 1 new share — the snowball runs on its own.

Investment target

$3,528.35

New shares / year

+4 shares

If You Had Invested…

Hypothetical return based on historical prices

$

* Dividend reinvestment calculated at ex-date price. For informational purposes only.

Earnings

Next Earnings

Aug 5, 2026

50

days

EPS (TTM)

$2.51

P/E (TTM)

16.5

Fwd P/E

14.9

Earnings History

SEC EDGAR · official filings

SEC filings

SEC Filings

Official EDGAR documents

All filings

Key Statistics

Valuation

Market Cap$3.43B
P/E Ratio16.54
Forward P/E14.88
P/B Ratio
PEG Ratio2.69
EPS (TTM)$2.51

Trading

Open
Day High
Day Low
52W High$43.50
52W Low$35.50
Volume
Avg Volume (3M)654,679
Beta0.23

Dividends

Dividend Yield4.80%
Annual Rate$1.97
Ex-Div Date2026-05-19
Payout Ratio78.19%

Profitability

Profit Margin10.75%
Operating Margin23.68%
ROE7.59%
ROA2.79%
Revenue Growth-7.60%
Earnings Growth13.30%

Balance Sheet

Total Revenue$1.92B
Total Debt$3.31B
Debt / Equity119.09
Current Ratio0.90
Free Cash Flow$-172,375,008

Fair Value Estimates

Current price: $41.51

Graham Number

√(22.5 × EPS × Book Value)

$43.56

+4.9% upside

Benjamin Graham's intrinsic value formula. Assumes a fair stock trades at no more than 22.5× the product of EPS and book value per share.

Bazin Ceiling Price

Avg. Annual DPS (5Y) ÷ 6%

$30.51

-26.5% downside

Décio Bazin's dividend-based ceiling. The max price you should pay so that dividends alone deliver at least 6% annual yield on your cost basis.

These are simplified estimates. Not financial advice.

Buy & Hold Checklist

Quality criteria for long-term holding

6/10

60% score

Pays dividends

15Y hist.

15+ years of dividend history

Dividend consistency (5Y+)

15 yrs

Uninterrupted dividend payments for at least 5 years

ROE above 10%

7.6%

Return on equity — measures how efficiently capital is used

Positive profit margin

10.7%

Net profit margin must be positive — company earns more than it spends

Revenue growth (annual)

-7.6%

Annual revenue must be growing compared to the prior year

Earnings growth (annual)

+13.3%

Annual earnings must be growing compared to the prior year

Debt/Equity below 2×

119.09×

Low financial leverage reduces risk of distress

Current ratio above 1

0.90×

Short-term assets must cover short-term liabilities

Daily liquidity above $5M

$27M/day

High trading volume ensures easy entry and exit

Dividend yield above 0%

4.80%

Stock must distribute income to shareholders

Related Assets

Utilities

About AVA

Avista Corporation, together with its subsidiaries, operates as an electric and natural gas utility company in the United States. It operates through two segments, Avista Utilities and Alaska Electric Light and Power Company (AEL&P). The Avista Utilities segment provides electric distribution and transmission, and natural gas distribution and transmission services in parts of eastern Washington and northern Idaho; and natural gas distribution services in parts of northeastern and southwestern Oregon, as well as generates electricity in Washington, Idaho, Oregon, and Montana. This segment also engages in the supply of electricity to customers in Montana; and wholesale purchase and sale of electricity and natural gas. The Alaska Electric Light and Power Company segment offers electric services in Juneau, Alaska. The company generates electricity through hydroelectric, thermal, wind, and solar generation facilities. As of December 31, 2025, it supplied retail electrical services to approximately 429,000 customers; retail natural gas services to approximately 386,000 customers; and electrical energy to approximately 17,600 customers. The company also operates five hydroelectric generation facilities with a capacity of 102.7 MW; and four diesel generating facilities with a capacity of 107.5 MW. In addition, it engages in venture fund investments, real estate investments, and other investments. The company was formerly known as Washington Water Power and changed its name to Avista Corporation in January 1999. Avista Corporation was incorporated in 1889 and is headquartered in Spokane, Washington.

Sector

Utilities

Industry

Utilities - Diversified

Location

Spokane, United States