Avista Corp (AVA) Announces Quarterly Dividend of $0.32
Avista Corp (NYSE:AVA) declared a quarterly dividend on Friday, August 8th, AnalystRatings.NET reports. Investors of record on Thursday, August 21st will be given a dividend of 0.3175 per share on Monday, September 15th. This represents a $1.27 dividend on an annualized basis and a yield of 4.07%.
On the ratings front, analysts at Williams Capital raised their price target on shares of Avista Corp from $29.00 to $33.00 in a research note on Tuesday, June 17th. They now have a “hold” rating on the stock.
Shares of Avista Corp (NYSE:AVA) traded up 0.87% on Friday, hitting $31.24. The stock had a trading volume of 515,888 shares. Avista Corp has a 52-week low of $25.55 and a 52-week high of $33.60. The stock’s 50-day moving average is $32.25 and its 200-day moving average is $30.9. The company has a market cap of $1.881 billion and a P/E ratio of 9.71.
Avista Corp (NYSE:AVA) last announced its earnings results on Wednesday, August 6th. The company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.08. The company had revenue of $312.60 million for the quarter, compared to the consensus estimate of $344.15 million. During the same quarter in the previous year, the company posted $0.43 earnings per share. The company’s revenue for the quarter was up 2.7% on a year-over-year basis. On average, analysts predict that Avista Corp will post $1.89 earnings per share for the current fiscal year.
Avista Corporation (NYSE:AVA) is an energy company engaged in the generation, transmission and distribution of energy, as well as other energy-related businesses.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.