IDACORP Stock Price, News & Analysis (NYSE:IDA) $98.48 +1.98 (+2.05%) (As of 12/1/2023 08:54 PM ET) Add Compare Share Share Today's Range$96.67▼$98.4950-Day Range$89.50▼$100.7552-Week Range$88.10▼$112.96Volume278,000 shsAverage Volume248,203 shsMarket Capitalization$4.99 billionP/E Ratio18.37Dividend Yield3.37%Price Target$102.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability IDACORP MarketRank™ Stock AnalysisAnalyst RatingHold2.25 Rating ScoreUpside/Downside3.8% Upside$102.25 Price TargetShort InterestHealthy1.66% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-1.88Upright™ Environmental ScoreNews Sentiment0.60Based on 5 Articles This WeekInsider TradingSelling Shares$143,608 Sold Last QuarterProj. Earnings Growth5.66%From $5.12 to $5.41 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.49 out of 5 starsUtilities Sector28th out of 86 stocksElectric Services Industry15th out of 41 stocks 1.1 Analyst's Opinion Consensus RatingIDACORP has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $102.25, IDACORP has a forecasted upside of 3.8% from its current price of $98.48.Amount of Analyst CoverageIDACORP has only been the subject of 3 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.66% of the float of IDACORP has been sold short.Short Interest Ratio / Days to CoverIDACORP has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in IDACORP has recently decreased by 39.90%, indicating that investor sentiment is improving significantly. Previous Next 4.2 Dividend Strength Dividend YieldIDACORP pays a meaningful dividend of 3.37%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthIDACORP has been increasing its dividend for 12 years.Dividend CoverageThe dividend payout ratio of IDACORP is 61.94%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, IDACORP will have a dividend payout ratio of 61.37% next year. This indicates that IDACORP will be able to sustain or increase its dividend. Previous Next 3.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreIDACORP has received a 27.28% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Retailing electricity produced with hydropower", "Electricity produced with hydropower", "Electricity distribution services of electricity produced with renewable energy sources", and "Retailing electricity produced with biomass" products. See details.Environmental SustainabilityThe Environmental Impact score for IDACORP is -1.88. Previous Next 3.1 News and Social Media Coverage News SentimentIDACORP has a news sentiment score of 0.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 5 news articles for IDACORP this week, compared to 3 articles on an average week.Search Interest1 people have searched for IDA on MarketBeat in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, IDACORP insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $143,608.00 in company stock.Percentage Held by InsidersOnly 0.47% of the stock of IDACORP is held by insiders.Percentage Held by Institutions83.00% of the stock of IDACORP is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for IDACORP are expected to grow by 5.66% in the coming year, from $5.12 to $5.41 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of IDACORP is 18.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 108.95.Price to Earnings Ratio vs. SectorThe P/E ratio of IDACORP is 18.37, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 100.01.Price to Earnings Growth RatioIDACORP has a PEG Ratio of 4.68. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioIDACORP has a P/B Ratio of 1.70. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About IDACORP Stock (NYSE:IDA)IDACORP, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, purchase, and sale of electric energy in the United States. The company operates 17 hydropower generating plants located in southern Idaho and eastern Oregon; three natural gas-fired plants in southern Idaho; and interests in two coal-fired steam electric generating plants located in Wyoming and Nevada. As of December 31, 2022, it had approximately 4,832 pole-miles of high-voltage transmission lines; 23 step-up transmission substations located at power plants; 21 transmission substations; 11 switching stations; 30 mixed-use transmission and distribution substations; 189 energized distribution substations; and 29,384 pole-miles of distribution lines, as well as provides electric utility services to approximately 618,000 retail customers in southern Idaho and eastern Oregon. The company serves commercial and industrial customers, which involved in food processing, electronics and general manufacturing, agriculture, health care, government, and education. It also invests in housing and other real estate tax credit investments. IDACORP, Inc. was founded in 1915 and is headquartered in Boise, Idaho.Read More IDA Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart IDA Stock News HeadlinesDecember 3, 2023 | americanbankingnews.comMizuho Increases IDACORP (NYSE:IDA) Price Target to $98.00December 1, 2023 | markets.businessinsider.comAnalyst Expectations for Idacorp's FutureDecember 4, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. November 30, 2023 | americanbankingnews.comShort Interest in IDACORP, Inc. (NYSE:IDA) Decreases By 39.9%November 25, 2023 | benzinga.comIdacorp Stock (NYSE:IDA), Analyst Ratings, Price Targets, PredictionsNovember 8, 2023 | markets.businessinsider.comIDACORP Prices Public Offering Of 2.8 Mln SharesNovember 8, 2023 | msn.comIDACORP prices public offering of 2.8M shares of common stockNovember 8, 2023 | tmcnet.comIDACORP, Inc. Prices Public Offering of 2,801,724 Shares of Common StockDecember 4, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.November 7, 2023 | finance.yahoo.comIDACORP, Inc. Announces Public Offering of $260 Million of Shares of Common StockNovember 5, 2023 | finance.yahoo.comIDACORP, Inc. (NYSE:IDA) Q3 2023 Earnings Call TranscriptNovember 3, 2023 | finance.yahoo.comQ3 2023 Idacorp Inc Earnings CallNovember 3, 2023 | finance.yahoo.comIDACORP's (IDA) Q3 Earnings Beat Estimates, 2023 View RaisedNovember 2, 2023 | seekingalpha.comIDACORP, Inc. 2023 Q3 - Results - Earnings Call PresentationNovember 2, 2023 | finance.yahoo.comIdaCorp (IDA) Q3 Earnings Surpass EstimatesNovember 2, 2023 | msn.comIDACORP GAAP EPS of $2.07 beats by $0.12November 2, 2023 | finance.yahoo.comIDACORP, Inc. Announces Third Quarter 2023 Results, Increases Bottom-End 2023 Earnings GuidanceNovember 2, 2023 | finance.yahoo.comIdacorp Inc (IDA) Reports Q3 2023 Earnings, Raises Lower-End Earnings GuidanceNovember 1, 2023 | msn.comMizuho Maintains Idacorp (IDA) Neutral RecommendationOctober 30, 2023 | benzinga.comIdacorp Stock (NYSE:IDA) Dividends: History, Yield and DatesOctober 28, 2023 | msn.comGuggenheim Initiates Coverage of Idacorp (IDA) with Buy RecommendationOctober 26, 2023 | benzinga.comIdacorp's Ex-Dividend Date Is Tuesday, Here's What You Need To KnowOctober 22, 2023 | finance.yahoo.comIDACORP's (NYSE:IDA) Upcoming Dividend Will Be Larger Than Last Year'sOctober 19, 2023 | msn.comIDACORP declares $0.83 dividendOctober 19, 2023 | finance.yahoo.comIDACORP Schedules Third Quarter 2023 Earnings Release & Conference CallOctober 19, 2023 | businesswire.comIDACORP Schedules Third Quarter 2023 Earnings Release & Conference CallSeptember 25, 2023 | finance.yahoo.comIDACORP (IDA) Rewards Shareholders With 5.1% Dividend HikeSee More Headlines Receive IDA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for IDACORP and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 11/30 Dividend10/31/2023Last Earnings11/02/2023Dividend Payable11/30/2023Today12/03/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/15/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Electric services Sub-IndustryElectric Utilities SectorUtilities Current SymbolNYSE:IDA CUSIP45110710 CIK1057877 Webwww.idacorpinc.com Phone(208) 388-2200Fax208-388-6916Employees2,070Year Founded1916Price Target and Rating Average Stock Price Target$102.25 High Stock Price Target$108.00 Low Stock Price Target$98.00 Potential Upside/Downside+3.8%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$5.36 Trailing P/E Ratio18.37 Forward P/E Ratio19.23 P/E Growth4.68Net Income$258.98 million Net Margins15.30% Pretax Margin17.43% Return on Equity9.51% Return on Assets3.45% Debt Debt-to-Equity Ratio0.96 Current Ratio2.12 Quick Ratio1.81 Sales & Book Value Annual Sales$1.64 billion Price / Sales3.03 Cash Flow$8.56 per share Price / Cash Flow11.51 Book Value$57.87 per share Price / Book1.70Miscellaneous Outstanding Shares50,620,000Free Float50,377,000Market Cap$4.99 billion OptionableOptionable Beta0.57 Social Links 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMs. Lisa A. Grow (Age 58)CEO, President & Director Comp: $2.35MMr. Brian R. Buckham (Age 44)Senior VP & CFO Comp: $959.89kMr. Kenneth W. Petersen (Age 59)VP, Chief Accounting Officer & Treasurer Comp: $565.2kMr. Jeffrey L. Malmen (Age 55)Senior Vice President of Public Affairs Comp: $774.56kMr. Adam J. Richins (Age 44)Senior VP & COO of Idaho Power Comp: $1.01MMr. Jason C. HuszarVP of Information Technology & Chief Information OfficerJustin S. ForsbergDirector of Investor Relations & TreasuryMs. Julia A. HiltonVP & General CounselMs. Sarah E. Griffin (Age 53)Vice President of Human Resources for Idaho Power. Mr. James Bo D. Hanchey (Age 47)VP of Customer Operations & Chief Safety Officer for Idaho Power More ExecutivesKey CompetitorsPortland General ElectricNYSE:PORPNM ResourcesNYSE:PNMOtter TailNASDAQ:OTTROGE EnergyNYSE:OGEHawaiian Electric IndustriesNYSE:HEView All CompetitorsInsiders & InstitutionsWellington Management Group LLPBought 1,087,645 shares on 12/1/2023Ownership: 2.149%B. Riley Wealth Advisors Inc.Sold 523 shares on 12/1/2023Ownership: 0.007%American Century Companies Inc.Bought 6,430 shares on 11/30/2023Ownership: 0.410%Deutsche Bank AGSold 546 shares on 11/24/2023Ownership: 0.235%Comerica BankBought 22,172 shares on 11/21/2023Ownership: 0.060%View All Insider TransactionsView All Institutional Transactions IDA Stock Analysis - Frequently Asked Questions Should I buy or sell IDACORP stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for IDACORP in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" IDA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IDA, but not buy additional shares or sell existing shares. View IDA analyst ratings or view top-rated stocks. What is IDACORP's stock price target for 2024? 4 brokerages have issued 1 year target prices for IDACORP's stock. Their IDA share price targets range from $98.00 to $108.00. On average, they anticipate the company's share price to reach $102.25 in the next twelve months. This suggests a possible upside of 3.8% from the stock's current price. View analysts price targets for IDA or view top-rated stocks among Wall Street analysts. How have IDA shares performed in 2023? IDACORP's stock was trading at $107.85 at the beginning of 2023. Since then, IDA stock has decreased by 8.7% and is now trading at $98.48. View the best growth stocks for 2023 here. Are investors shorting IDACORP? IDACORP saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 835,400 shares, a decrease of 39.9% from the October 31st total of 1,390,000 shares. Based on an average daily volume of 347,000 shares, the short-interest ratio is currently 2.4 days. Approximately 1.7% of the company's stock are short sold. View IDACORP's Short Interest. When is IDACORP's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, February 15th 2024. View our IDA earnings forecast. How were IDACORP's earnings last quarter? IDACORP, Inc. (NYSE:IDA) announced its quarterly earnings results on Thursday, November, 2nd. The energy company reported $2.07 EPS for the quarter, topping analysts' consensus estimates of $1.70 by $0.37. The energy company earned $510.91 million during the quarter, compared to the consensus estimate of $552.12 million. IDACORP had a net margin of 15.30% and a trailing twelve-month return on equity of 9.51%. How often does IDACORP pay dividends? What is the dividend yield for IDACORP? IDACORP declared a quarterly dividend on Thursday, October 19th. Investors of record on Wednesday, November 1st will be paid a dividend of $0.83 per share on Thursday, November 30th. This represents a $3.32 annualized dividend and a dividend yield of 3.37%. The ex-dividend date of this dividend is Tuesday, October 31st. This is a boost from the stock's previous quarterly dividend of $0.79. Read our dividend analysis for IDA. Is IDACORP a good dividend stock? IDACORP (NYSE:IDA) pays an annual dividend of $3.32 per share and currently has a dividend yield of 3.37%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 61.94%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IDA will have a dividend payout ratio of 61.37% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for IDA. What ETFs hold IDACORP's stock? ETFs with the largest weight of IDACORP (NYSE:IDA) stock in their portfolio include Ecofin US Renewables Infrastructure (RNEW), First Trust EIP Carbon Impact ETF (ECLN), Invesco Dorsey Wright Utilities Momentum ETF (PUI), First Trust Utilities AlphaDEX Fund (FXU), iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV), Invesco S&P MidCap Low Volatility ETF (XMLV), First Trust North American Energy Infrastructure Fund (EMLP) and iShares U.S. Small Cap Equity Factor ETF (SMLF). What is Hal Koyama's approval rating as IDACORP's CEO? 1 employees have rated IDACORP Chief Executive Officer Hal Koyama on Glassdoor.com. Hal Koyama has an approval rating of 100% among the company's employees. This puts Hal Koyama in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of IDACORP own? Based on aggregate information from My MarketBeat watchlists, some companies that other IDACORP investors own include Johnson & Johnson (JNJ), AT&T (T), AbbVie (ABBV), Costco Wholesale (COST), International Business Machines (IBM), Pfizer (PFE), Procter & Gamble (PG), Walmart (WMT), Avista (AVA) and Bristol-Myers Squibb (BMY). Who are IDACORP's major shareholders? IDACORP's stock is owned by many different institutional and retail investors. Top institutional shareholders include Wellington Management Group LLP (2.15%), Morgan Stanley (2.06%), Victory Capital Management Inc. (1.82%), FMR LLC (1.76%), American Trust (1.64%) and River Road Asset Management LLC (1.25%). Insiders that own company stock include Jeffrey L Malmen and Mitchel D Colburn. View institutional ownership trends. How do I buy shares of IDACORP? Shares of IDA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NYSE:IDA) was last updated on 12/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding IDACORP, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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