Via Renewables Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock (VIASP)

FairStock Score: 59/100 — STEADY

Key Financials

Current Price$25.62
Market Cap—
P/E Ratio21.9
ROE31.51%
Dividend Yield10.49%
SectorUtilities

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look first for a durable business with predictable cash flows. Via Renewables is a small retail energy marketer, with 156 employees, selling electricity and natural gas in a competitive, commodity-like industry. The supplied growth data show revenue up 11.79% and profit down 76.67%, pointing to top-line progress without bottom-line durability. In fiscal Q1 2026, revenue was $159.0M and net income was $2.1M, a 1.29% margin, which tells me pricing power is thin. FairStock's return metrics are attractive, with ROE of 31.51% and ROCE of 13.88%, while leverage is moderate at D/E of 0.73 and trailing free cash flow is $22.7M. FairStock's Piotroski F-Score of 6/9 is respectable but not exceptional. At the 2026-07-09 close of $25.62, FairStock calculates P/E of 21.90 and P/B of 1.53, which is not a bargain for a cyclical retailer. FairStock's Graham Number is $29.57, offering a 13.36% margin of safety, and the FairStock Score is 59/100. For the preferred, the 8.75% coupon and 10.49% yield are the main attraction; the price sits near the top of its 52-week range of $25.00 to $25.96. Cumulative preferred dividends are a contractual claim, but they are only as good as the issuer's continuing cash generation. The Lynch category is none because there are only 0 years of filed results, needing 3, so I lack a long track record. I would want evidence that the profit collapse is temporary and that preferred distributions are well covered before treating the yield as safe.

In plain English: Via Renewables sells electricity and natural gas to homes and businesses. The company has been growing sales, but profit has fallen sharply and the latest quarter's profit margin was very thin, so the underlying business looks only fair. The shares pay a high income and trade close to the top of their recent price range; versus the numbers given, the price looks roughly fair rather than clearly cheap or expensive.

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Data as of 2026-07-09 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer