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MarketBeat Week in Review – 4/8 - 4/12
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
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How O.J. Simpson burned the Ford Bronco into America's collective memory
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
It's almost April 15. Here's how to reduce stress and get your taxes done
Nearing 50 Supreme Court arguments in, lawyer Lisa Blatt keeps winning
The craze for Masters gnomes is growing. Little golf-centric statue is now a coveted collector item
How O.J. Simpson burned the Ford Bronco into America's collective memory
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
It's almost April 15. Here's how to reduce stress and get your taxes done
Nearing 50 Supreme Court arguments in, lawyer Lisa Blatt keeps winning
The craze for Masters gnomes is growing. Little golf-centric statue is now a coveted collector item
How O.J. Simpson burned the Ford Bronco into America's collective memory
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
It's almost April 15. Here's how to reduce stress and get your taxes done
Nearing 50 Supreme Court arguments in, lawyer Lisa Blatt keeps winning
The craze for Masters gnomes is growing. Little golf-centric statue is now a coveted collector item
How O.J. Simpson burned the Ford Bronco into America's collective memory

IDACORP (IDA) Stock Price, News & Analysis

$90.22
-1.44 (-1.57%)
(As of 04/12/2024 ET)
Today's Range
$89.95
$92.00
50-Day Range
$86.91
$93.68
52-Week Range
$86.43
$112.96
Volume
318,852 shs
Average Volume
419,351 shs
Market Capitalization
$4.57 billion
P/E Ratio
17.55
Dividend Yield
3.68%
Price Target
$93.80

IDACORP MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
4.0% Upside
$93.80 Price Target
Short Interest
Healthy
2.56% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.88
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
6.39%
From $5.32 to $5.66 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.

3.99 out of 5 stars

Utilities Sector

38th out of 90 stocks

Electric Services Industry

19th out of 40 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

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IDACORP, Inc. (NYSE:IDA) Q4 2023 Earnings Call Transcript
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.
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
4/13/2024
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
$93.80
High Stock Price Target
$99.00
Low Stock Price Target
$88.00
Potential Upside/Downside
+4.0%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
5 Analysts

Profitability

Net Income
$261.20 million
Pretax Margin
16.37%

Debt

Sales & Book Value

Annual Sales
$1.77 billion
Cash Flow
$8.97 per share
Book Value
$57.59 per share

Miscellaneous

Free Float
50,456,000
Market Cap
$4.57 billion
Optionable
Optionable
Beta
0.56

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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
  • 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
  • Mr. Patrick A. Harrington (Age 63)
    Corporate Secretary

IDA Stock Analysis - Frequently Asked Questions

Should I buy or sell IDACORP stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for IDACORP in the last year. There are currently 5 hold ratings 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?

5 Wall Street research analysts have issued 12-month price targets for IDACORP's shares. Their IDA share price targets range from $88.00 to $99.00. On average, they anticipate the company's share price to reach $93.80 in the next twelve months. This suggests a possible upside of 4.0% 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 at the beginning of the year. Since then, IDA stock has decreased by 8.2% and is now trading at $90.22.
View the best growth stocks for 2024 here
.

Are investors shorting IDACORP?

IDACORP saw a increase in short interest in March. As of March 15th, there was short interest totaling 1,270,000 shares, an increase of 17.6% from the February 29th total of 1,080,000 shares. Based on an average trading volume of 366,800 shares, the short-interest ratio is currently 3.5 days. Approximately 2.5% 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) released its quarterly earnings results on Thursday, February, 15th. The energy company reported $0.61 EPS for the quarter, topping the consensus estimate of $0.60 by $0.01. The energy company had revenue of $411.95 million for the quarter, compared to analyst estimates of $429.84 million. IDACORP had a net margin of 14.79% and a trailing twelve-month return on equity of 9.06%. During the same period in the prior year, the business earned $0.83 EPS.

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

IDACORP declared a quarterly dividend on Thursday, January 18th. Shareholders of record on Monday, February 5th will be paid a dividend of $0.83 per share on Wednesday, February 28th. This represents a $3.32 annualized dividend and a dividend yield of 3.68%. 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 3.62%. 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 58.66% 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 issued an update on 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 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 a number of institutional and retail investors. Top institutional investors include Alaska Permanent Fund Corp (0.25%), Congress Asset Management Co. MA (0.04%), First Hawaiian Bank (0.01%), Park Avenue Securities LLC (0.01%), Los Angeles Capital Management LLC (0.01%) and CWM LLC (0.00%). 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 4/13/2024 by MarketBeat.com Staff

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