Avista Corp. is an energy company involved in the production, transmission and distribution of energy as well as other energy-related businesses. Avista Utilities is our operating division that provides electric service to 397,000 customers and natural gas to 363,000 customers. Its service territory covers 30,000 square miles in eastern Washington, northern Idaho and parts of southern and eastern Oregon, with a population of 1.6 million. Alaska Energy and Resources Company is an Avista subsidiary that provides retail electric service in the city and borough of Juneau, Alaska, through its subsidiary Alaska Electric Light and Power Company. Avista stock is traded under the ticker symbol 'AVA.'
Company profile
Ticker
AVA
Exchange
Website
CEO
Dennis Vermillion
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
WASHINGTON WATER POWER CO
SEC CIK
Corporate docs
Subsidiaries
Avista Capital, Inc. • Avista Development, Inc. • Avista Edge, Inc. • Avista Northwest Resources, LLC • Pentzer Corporation • Pentzer Venture Holding II, Inc. • Courtyard Office Center, LLC • Alaska Energy • Alaska Electric Light and Power Company • AJT Mining Properties, Inc. ...
IRS number
910462470
AVA stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Other Events
3 Mar 23
8-K
Avista Corp. Reports Financial Results for the Fourth Quarter and Fiscal Year 2022, Confirms 2023 Guidance
21 Feb 23
10-K
2022 FY
Annual report
21 Feb 23
8-K
Other Events
3 Feb 23
8-K
Entry into a Material Definitive Agreement
17 Jan 23
8-K
Departure of Directors or Certain Officers
6 Jan 23
8-K
Entry into a Material Definitive Agreement
4 Jan 23
8-K
Other Events
29 Dec 22
8-K
Entry into a Material Definitive Agreement
19 Dec 22
8-K
Other Events
14 Dec 22
Transcripts
AVA
Earnings call transcript
2022 Q4
22 Feb 23
AVA
Earnings call transcript
2022 Q3
1 Nov 22
AVA
Earnings call transcript
2022 Q2
3 Aug 22
AVA
Earnings call transcript
2022 Q1
4 May 22
AVA
Earnings call transcript
2021 Q4
23 Feb 22
AVA
Earnings call transcript
2021 Q3
3 Nov 21
AVA
Earnings call transcript
2021 Q2
5 Aug 21
AVA
Earnings call transcript
2021 Q1
9 May 21
AVA
Earnings call transcript
2020 Q4
24 Feb 21
AVA
Earnings call transcript
2020 Q3
4 Nov 20
Latest ownership filings
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 13.43 mm | 13.43 mm | 13.43 mm | 13.43 mm | 13.43 mm | 13.43 mm |
| Cash burn (monthly) | 311.67 k | 728.33 k | (no burn) | (no burn) | 28.74 mm | (no burn) |
| Cash used (since last report) | 858.11 k | 2.01 mm | n/a | n/a | 79.12 mm | n/a |
| Cash remaining | 12.57 mm | 11.42 mm | n/a | n/a | -65.69 mm | n/a |
| Runway (months of cash) | 40.3 | 15.7 | n/a | n/a | -2.3 | n/a |
Institutional ownership, Q4 2022
23.9% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 282 |
| Opened positions | 47 |
| Closed positions | 37 |
| Increased positions | 105 |
| Reduced positions | 92 |
| 13F shares | Current |
|---|---|
| Total value | 2.87 tn |
| Total shares | 65.79 mm |
| Total puts | 4.00 k |
| Total calls | 15.10 k |
| Total put/call ratio | 0.3 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 13.68 mm | $606.69 bn |
| Vanguard | 9.17 mm | $406.57 bn |
| STT State Street | 3.64 mm | $161.32 bn |
| Public Sector Pension Investment Board | 3.51 mm | $155.80 bn |
| Millennium Management | 2.95 mm | $129.68 bn |
| First Trust Advisors | 1.82 mm | $80.62 bn |
| Nuance Investments | 1.54 mm | $68.23 bn |
| Dimensional Fund Advisors | 1.37 mm | $60.25 bn |
| AMP Ameriprise Financial | 1.37 mm | $60.65 bn |
| BK Bank Of New York Mellon | 1.36 mm | $60.27 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 27 Feb 23 | Scott L Morris | Common Stock | Gift | Dispose G | No | No | 41.43 | 6,033 | 249.95 k | 124,488 |
| 24 Feb 23 | Bryan Alden Cox | Common Stock | Sell | Dispose S | No | No | 41.3 | 2,542 | 104.98 k | 4,698 |
| 2 Feb 23 | Kevin J Christie | Common Stock - Restricted Shares Grant 2023 | Grant | Acquire A | No | No | 41.98 | 2,929 | 122.96 k | 21,400 |
| 2 Feb 23 | Kevin J Christie | Performance Shares Grant - 2023 Common Stock | Grant | Acquire A | No | No | 41.98 | 6,838 | 287.06 k | 6,838 |
| 2 Feb 23 | Bryan Alden Cox | Common Stock - Restricted Shares Grant 2023 | Grant | Acquire A | No | No | 41.98 | 1,964 | 82.45 k | 7,240 |
| 2 Feb 23 | Bryan Alden Cox | Performance Shares Grant - 2023 Common Stock | Grant | Acquire A | No | No | 41.98 | 4,587 | 192.56 k | 4,587 |
| 2 Feb 23 | Joshua D DiLuciano | Common Stock - Restricted Shares Grant 2023 | Grant | Acquire A | No | No | 41.98 | 1,608 | 67.50 k | 5,184 |
| 2 Feb 23 | Joshua D DiLuciano | Performance Shares Grant - 2023 Common Stock | Grant | Acquire A | No | No | 41.98 | 3,752 | 157.51 k | 3,752 |
News
Avista Reiterates FY23 EPS Outlook $2.27 - $2.47 Vs. $2.44 Estimate
22 Feb 23
Avista Q4 EPS $1.05 Beats $0.78 Estimate, Sales $496.77M Beat $371.59M Estimate
22 Feb 23
Earnings Scheduled For February 22, 2023
22 Feb 23
Benzinga's Top Ratings Upgrades, Downgrades For February 9, 2023
9 Feb 23
Mizuho Downgrades Avista to Underperform, Lowers Price Target to $38
9 Feb 23
Press releases
Ethisphere names Avista as one of the 2023 World's Most Ethical Companies® for the fourth time
13 Mar 23
Kevin Jacobsen Nominated to Join Avista Corp. Board of Directors as Kristianne Blake Retires from Board
7 Mar 23
Avista requests recovery of costs for providing service in Oregon
1 Mar 23
Avista Corp. Reports Financial Results for the Fourth Quarter and Fiscal Year 2022, Confirms 2023 Guidance
22 Feb 23
AVYA ALERT: Hagens Berman, National Trial Attorneys, Encourages Avaya Holdings Corp. (AVYA) Investors with Significant Losses to Contact Firm's Attorneys, Deadline Approaching in Securities Class Action
10 Feb 23