S&P 500   5,137.08
DOW   39,087.38
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Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
Critical asset just had biggest fall on record (Ad)
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Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
South Korean doctors hold massive anti-government rally over medical school recruitment plan
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
Critical asset just had biggest fall on record (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
South Korean doctors hold massive anti-government rally over medical school recruitment plan
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
Critical asset just had biggest fall on record (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
South Korean doctors hold massive anti-government rally over medical school recruitment plan
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
Critical asset just had biggest fall on record (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
South Korean doctors hold massive anti-government rally over medical school recruitment plan
NYSE:IDA

IDACORP (IDA) Stock Price, News & Analysis

$87.05
-1.06 (-1.20%)
(As of 03/1/2024 ET)
Today's Range
$86.47
$88.13
50-Day Range
$86.91
$99.18
52-Week Range
$86.43
$112.96
Volume
606,353 shs
Average Volume
343,322 shs
Market Capitalization
$4.41 billion
P/E Ratio
16.94
Dividend Yield
3.81%
Price Target
$96.00

IDACORP MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
10.3% Upside
$96.00 Price Target
Short Interest
Healthy
1.59% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.88
Upright™ Environmental Score
News Sentiment
1.44mentions of IDACORP in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-0.75%
From $5.35 to $5.31 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.51 out of 5 stars

Utilities Sector

22nd out of 89 stocks

Electric Services Industry

9th out of 38 stocks


IDA stock logo

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, 2023, it had approximately 4,762 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; 186 energized distribution substations; and 29,714 pole-miles of distribution lines, and 131 MW of battery storage, as well as provides electric utility services to approximately 633,000 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.

IDA Stock Price History

IDA Stock News Headlines

Idacorp: An Underfollowed Utility Worth Buying Now
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Southern (SO) Q4 Earnings Beat on Lower Costs, Sales Miss
IDACORP, Inc. (NYSE:IDA) Q4 2023 Earnings Call Transcript
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Q4 2023 Idacorp Inc Earnings Call
IdaCorp: Q4 Earnings Snapshot
IdaCorp (IDA) Q4 Earnings Beat Estimates
IDA Feb 2024 85.000 call
Idacorp's Earnings Outlook
IDACORP Inc.
A Look At The Fair Value Of IDACORP, Inc. (NYSE:IDA)
See More Headlines
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Company Calendar

Ex-Dividend for 2/28 Dividend
2/02/2024
Last Earnings
2/15/2024
Dividend Payable
2/28/2024
Today
3/03/2024
Next Earnings (Estimated)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Electric services
Sub-Industry
Electric Utilities
CUSIP
45110710
Employees
2,112
Year Founded
1916

Price Target and Rating

Average Stock Price Target
$96.00
High Stock Price Target
$99.00
Low Stock Price Target
$93.00
Potential Upside/Downside
+10.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
4 Analysts

Profitability

Net Income
$261.20 million
Pretax Margin
16.37%

Debt

Sales & Book Value

Annual Sales
$1.77 billion
Cash Flow
$9.00 per share
Book Value
$57.57 per share

Miscellaneous

Free Float
50,390,000
Market Cap
$4.41 billion
Optionable
Optionable
Beta
0.55

Social Links

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Key Executives

  • Ms. Lisa A. Grow (Age 59)
    CEO, President & Director
    Comp: $2.35M
  • Mr. Brian R. Buckham (Age 45)
    Senior VP, CFO & Treasurer
    Comp: $959.89k
  • Mr. Jeffrey L. MalmenMr. Jeffrey L. Malmen (Age 56)
    Senior Vice President of Public Affairs
    Comp: $774.56k
  • Mr. Adam J. Richins (Age 44)
    Senior VP & COO of Idaho Power
    Comp: $1.01M
  • Mr. Jason C. Huszar
    VP of Information Technology & Chief Information Officer
  • Justin S. Forsberg
    Director of Investor Relations & Treasury
  • Ms. Julia A. Hilton (Age 46)
    VP & General Counsel
  • Ms. Amy I. Shaw (Age 44)
    Vice President of Finance, Compliance & Risk
  • Ms. 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














IDA Stock Analysis - Frequently Asked Questions

Should I buy or sell IDACORP stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for IDACORP in the last year. There are currently 4 hold ratings for the stock. The consensus among Wall Street equities 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 Wall Street research analysts have issued 12 month target prices for IDACORP's shares. Their IDA share price targets range from $93.00 to $99.00. On average, they predict the company's share price to reach $96.00 in the next twelve months. This suggests a possible upside of 10.3% 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 2024?

IDACORP's stock was trading at $98.32 on January 1st, 2024. Since then, IDA shares have decreased by 11.5% and is now trading at $87.05.
View the best growth stocks for 2024 here
.

Are investors shorting IDACORP?

IDACORP saw a increase in short interest in January. As of January 31st, there was short interest totaling 777,600 shares, an increase of 9.4% from the January 15th total of 710,700 shares. Based on an average daily volume of 318,900 shares, the days-to-cover ratio is presently 2.4 days. Approximately 1.5% of the company's stock are sold short.
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, May 2nd 2024.
View our IDA earnings forecast
.

How were IDACORP's earnings last quarter?

IDACORP, Inc. (NYSE:IDA) issued its quarterly earnings data on Thursday, February, 15th. The energy company reported $0.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.60 by $0.01. The energy company earned $411.95 million during the quarter, compared to analysts' expectations of $429.84 million. IDACORP had a trailing twelve-month return on equity of 9.06% and a net margin of 14.79%. During the same period in the prior year, the company posted $0.83 EPS.

How often does IDACORP pay dividends? What is the dividend yield for IDACORP?

IDACORP announced a quarterly dividend on Thursday, January 18th. Shareholders of record on Monday, February 5th will be given a dividend of $0.83 per share on Wednesday, February 28th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 3.81%. The ex-dividend date of this dividend is Friday, February 2nd.
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 3.77%. 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 64.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IDA will have a dividend payout ratio of 62.52% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for IDA.

What guidance has IDACORP issued on next quarter's earnings?

IDACORP updated its FY 2024 earnings guidance on Friday, February, 16th. The company provided earnings per share guidance of 5.250-5.450 for the period, compared to the consensus earnings per share estimate of 5.460. The company issued revenue guidance of -.

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 retail and institutional investors. Top institutional investors include Vanguard Group Inc. (11.41%), Victory Capital Management Inc. (2.36%), Parnassus Investments LLC (2.08%), GW&K Investment Management LLC (1.51%), First Trust Advisors LP (1.50%) and Dimensional Fund Advisors LP (1.28%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:IDA) was last updated on 3/3/2024 by MarketBeat.com Staff