Avista Corporation (NYSE:AVA) is included among the 15 Overlooked Dividend Stocks to Buy Right Now.
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On November 7, Mizuho raised its price target for Avista Corporation (NYSE:AVA) from $39 to $42 while keeping a Neutral rating, following the utility’s stronger-than-expected performance in the third quarter, as reported by The Fly.
Avista Corporation (NYSE:AVA) reported third-quarter 2025 revenues of $403 million, marking a 2.35% increase from the same period last year, though revenue fell short of analysts’ expectations by $14.7 million. As of September 30, 2025, the company had $210 million of liquidity available under its committed line of credit and $43 million under its letter of credit facility.
Looking ahead to 2026, the company plans to issue roughly $120 million in long-term debt and up to $80 million in common stock.
In its earnings report, CFO Kevin Christie highlighted the implementation of approved settlements for both the Oregon and Idaho general rate cases. He also reported $363 million in capital expenditures during the first three quarters of the year, with total spending expected to reach $525 million for 2025. Christie added that potential capital opportunities, including a request for proposals (RFP) and the addition of a large customer, could reach up to $500 million between 2026 and 2029.
Avista Corporation (NYSE:AVA) provides electricity and natural gas services, generating, transmitting, and distributing energy to customers across the Pacific Northwest.
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