Avista (AVA) Stock

SPOKANE, Wash., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Avista Corp.'s (NYSE: AVA) board of directors has declared a quarterly dividend of $0.475 per share on the company's common stock. The common stock dividend is payable December 13, 2024, to shareholders of record at the close of business on November 26, 2024.

Avista (AVA) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.19 per share a year ago.

North Plains Connector transmission line continues building momentum as Avista commits to nonbinding memorandum of understanding for a 10% ownership share that would provide Avista access to a new transmission corridor. North Plains Connector transmission line continues building momentum as Avista commits to nonbinding memorandum of understanding for a 10% ownership share that would provide Avista access to a new transmission corridor.

Investments in infrastructure and increases in cost-of-service drive rate request Investments in infrastructure and increases in cost-of-service drive rate request

In 2024, the Avista Foundation has awarded more than $500,000 through its grant program In 2024, the Avista Foundation has awarded more than $500,000 through its grant program

SPOKANE, Wash., Oct. 28, 2024 (GLOBE NEWSWIRE) -- The Q'emiln Park boat launch ramp on the Spokane River in Post Falls, Idaho, will be closed for the season beginning Monday, Nov. 11.

Investors with an interest in Utility - Electric Power stocks have likely encountered both Avista (AVA) and Consolidated Edison (ED). But which of these two stocks offers value investors a better bang for their buck right now?

The project, in partnership with Idaho Power, will enhance grid flexibility, improve resilience against wildfire, and increase capacity for the region The project, in partnership with Idaho Power, will enhance grid flexibility, improve resilience against wildfire, and increase capacity for the region

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.