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Stock market today: Shares mixed in Asia ahead of updates on jobs, inflation
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal that may attract regulator scrutiny
Watchdog: Western arms companies failed to ramp up production capacity in 2022 due to Ukraine war
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Alaska Air Group announces it has agreed to buy Hawaiian Airlines in a $1.9 billion deal with debt
Economists predict US inflation will keep cooling and the economy can avoid a recession
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Stock market today: Shares mixed in Asia ahead of updates on jobs, inflation
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal that may attract regulator scrutiny
Watchdog: Western arms companies failed to ramp up production capacity in 2022 due to Ukraine war
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Alaska Air Group announces it has agreed to buy Hawaiian Airlines in a $1.9 billion deal with debt
Economists predict US inflation will keep cooling and the economy can avoid a recession
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Stock market today: Shares mixed in Asia ahead of updates on jobs, inflation
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal that may attract regulator scrutiny
Watchdog: Western arms companies failed to ramp up production capacity in 2022 due to Ukraine war
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Alaska Air Group announces it has agreed to buy Hawaiian Airlines in a $1.9 billion deal with debt
Economists predict US inflation will keep cooling and the economy can avoid a recession
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Stock market today: Shares mixed in Asia ahead of updates on jobs, inflation
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal that may attract regulator scrutiny
Watchdog: Western arms companies failed to ramp up production capacity in 2022 due to Ukraine war
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Alaska Air Group announces it has agreed to buy Hawaiian Airlines in a $1.9 billion deal with debt
Economists predict US inflation will keep cooling and the economy can avoid a recession

IDACORP Stock Price, News & Analysis (NYSE:IDA)

$98.48
+1.98 (+2.05%)
(As of 12/1/2023 08:54 PM ET)
Compare
Today's Range
$96.67
$98.49
50-Day Range
$89.50
$100.75
52-Week Range
$88.10
$112.96
Volume
278,000 shs
Average Volume
248,203 shs
Market Capitalization
$4.99 billion
P/E Ratio
18.37
Dividend Yield
3.37%
Price Target
$102.25

IDACORP MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
3.8% Upside
$102.25 Price Target
Short Interest
Healthy
1.66% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.88
Upright™ Environmental Score
News Sentiment
0.60mentions of IDACORP in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$143,608 Sold Last Quarter
Proj. Earnings Growth
5.66%
From $5.12 to $5.41 Per Share

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 stars

Utilities Sector

28th out of 86 stocks

Electric Services Industry

15th out of 41 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, 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.

IDA Stock Price History

IDA Stock News Headlines

Mizuho Increases IDACORP (NYSE:IDA) Price Target to $98.00
Analyst Expectations for Idacorp's Future
New CBOE “special perk” helps traders target income every weekend
You 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.
Short Interest in IDACORP, Inc. (NYSE:IDA) Decreases By 39.9%
IDACORP Prices Public Offering Of 2.8 Mln Shares
All the trading advice you’ve ever received boils down to this
All 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.
IDACORP, Inc. (NYSE:IDA) Q3 2023 Earnings Call Transcript
Q3 2023 Idacorp Inc Earnings Call
IdaCorp (IDA) Q3 Earnings Surpass Estimates
IDACORP GAAP EPS of $2.07 beats by $0.12
IDACORP declares $0.83 dividend
IDACORP (IDA) Rewards Shareholders With 5.1% Dividend Hike
See More Headlines
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Company Calendar

Ex-Dividend for 11/30 Dividend
10/31/2023
Last Earnings
11/02/2023
Dividend Payable
11/30/2023
Today
12/03/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/15/2024

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
Electric Utilities
Sector
Utilities
CUSIP
45110710
Employees
2,070
Year Founded
1916

Price 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 Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$258.98 million
Pretax Margin
17.43%

Debt

Sales & Book Value

Annual Sales
$1.64 billion
Cash Flow
$8.56 per share
Book Value
$57.87 per share

Miscellaneous

Free Float
50,377,000
Market Cap
$4.99 billion
Optionable
Optionable
Beta
0.57

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Key Executives

  • Ms. Lisa A. Grow (Age 58)
    CEO, President & Director
    Comp: $2.35M
  • Mr. Brian R. Buckham (Age 44)
    Senior VP & CFO
    Comp: $959.89k
  • Mr. Kenneth W. Petersen (Age 59)
    VP, Chief Accounting Officer & Treasurer
    Comp: $565.2k
  • Mr. Jeffrey L. MalmenMr. Jeffrey L. Malmen (Age 55)
    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
    VP & General Counsel
  • 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 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 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

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