Avista Corporation Common Stock (AVA)

Utility stocks, like REITs, are best used for income investors. Most of them have good dividend growth and consistent dividends.

Avista has a 21-year dividend increase streak, which is quite impressive by any measure, even among utilities.

Companies Reporting Before The Bell • Gatos Silver (NYSE:GATO) is estimated to report quarterly earnings at $0.09 per share on revenue of $83.00 million.

These three stocks have unbelievable dividend yields, high dividend coverage stocks, and performed well in the 2008 recession.

AVA stock results show that Avista missed analyst estimates for earnings per share but beat on revenue for the first quarter of 2024.

Although utility stocks are generally safe investments, these struggling ideas just happen to be short-seller targets.

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

KeyBanc Capital Markets analyst Sophie Karp upgraded Avista Corporation (NYSE: AVA)

The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.

Avista Corp’s recent $0.46 quarterly dividend multiplies out to $1.84 annually to yield 4.56% at Friday’s closing price.

As of the close of business on Tuesday, 5/2, we captured the Top 10 Highest Short Interest % stocks within the Utilities sector. The average short interest for stocks within the Utilities sector stands at 1.89%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.