NYSE:IDA IDACORP (IDA) Stock Price, News & Analysis $97.46 +0.21 (+0.22%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$96.87▼$97.9250-Day Range$91.08▼$98.3052-Week Range$86.43▼$104.79Volume251,935 shsAverage Volume364,058 shsMarket Capitalization$5.19 billionP/E Ratio19.57Dividend Yield3.41%Price Target$96.40 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get IDACORP alerts: Email Address IDACORP MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside1.1% Downside$96.40 Price TargetShort InterestHealthy1.72% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-1.88Upright™ Environmental ScoreNews Sentiment0.85Based on 4 Articles This WeekInsider TradingSelling Shares$142,635 Sold Last QuarterProj. Earnings Growth7.69%From $5.33 to $5.74 Per ShareSee Full Details Hide Full Details 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.4.21 out of 5 starsUtilities Sector25th out of 90 stocksElectric Services Industry18th out of 43 stocks 1.0 Analyst's Opinion Consensus RatingIDACORP has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 5 hold ratings, and no sell ratings.Amount of Analyst CoverageIDACORP has only been the subject of 3 research reports in the past 90 days.Read more about IDACORP's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.72% of the outstanding shares of IDACORP have been sold short.Short Interest Ratio / Days to CoverIDACORP has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in IDACORP has recently increased by 13.05%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend YieldIDACORP pays a meaningful dividend of 3.44%, 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 66.67%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, IDACORP will have a dividend payout ratio of 57.84% next year. This indicates that IDACORP will be able to sustain or increase its dividend.Read more about IDACORP's 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 2.7 News and Social Media Coverage News SentimentIDACORP has a news sentiment score of 0.85. 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 0.39 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 4 news articles for IDACORP this week, compared to 4 articles on an average week.MarketBeat Follows4 people have added IDACORP to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 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 $142,635.00 in company stock.Percentage Held by InsidersOnly 0.47% of the stock of IDACORP is held by insiders.Percentage Held by Institutions89.10% of the stock of IDACORP is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about IDACORP's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for IDACORP are expected to grow by 7.69% in the coming year, from $5.33 to $5.74 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of IDACORP is 19.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.45.Price to Earnings Ratio vs. SectorThe P/E ratio of IDACORP is 19.57, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 91.84.Price to Book Value per Share RatioIDACORP has a P/B Ratio of 1.69. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about IDACORP's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. 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.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 HeadlinesJuly 25 at 4:55 AM | americanbankingnews.comIDACORP (IDA) Set to Announce Earnings on ThursdayJuly 24 at 3:43 AM | americanbankingnews.comIDACORP, Inc. (NYSE:IDA) Receives Average Recommendation of "Hold" from AnalystsJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 19, 2024 | finance.yahoo.com3 Utility Stocks With Consistent Growth & High Dividend Yields: IDACORP, Edison International And SpireJuly 18, 2024 | businesswire.comIDACORP, Inc. Declares DividendMay 22, 2024 | seekingalpha.comIdacorp: This Underappreciated Dividend Growth Stock Remains A BuyMay 20, 2024 | msn.comIdaho Power Appoints Dennis L. Johnson as Board ChairMay 16, 2024 | businesswire.comPleasant Valley Solar Project Partners Commit $123,000 in Scholarship Funds to Boise State University and College of Western IdahoJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.May 10, 2024 | finance.yahoo.comMost Shareholders Will Probably Agree With IDACORP, Inc.'s (NYSE:IDA) CEO CompensationMay 6, 2024 | finance.yahoo.comIDACORP, Inc. (NYSE:IDA) Q1 2024 Earnings Call TranscriptMay 4, 2024 | seekingalpha.comIDACORP, Inc. 2024 Q1 - Results - Earnings Call PresentationMay 3, 2024 | finance.yahoo.comIdacorp Inc (IDA) (Q1 2024) Earnings Call Transcript Highlights: Navigating Financial Shifts ...May 3, 2024 | finance.yahoo.comQ1 2024 Idacorp Inc Earnings CallMay 3, 2024 | finance.yahoo.comIdacorp Inc's Dividend AnalysisMay 3, 2024 | finance.yahoo.comIDACORP First Quarter 2024 Earnings: Revenues Beat Expectations, EPS LagsMay 2, 2024 | investorplace.comIDA Stock Earnings: Idacorp Misses EPS, Beats Revenue for Q1 2024May 2, 2024 | markets.businessinsider.comIdacorp Inc. Q1 Profit Falls, misses estimatesSee 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 Last Earnings5/02/2024Ex-Dividend for 5/30 Dividend5/03/2024Dividend Payable5/30/2024Today7/26/2024Next Earnings (Confirmed)8/01/2024Ex-Dividend for 8/30 Dividend8/05/2024Dividend Payable8/30/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorUtilities Industry Electric services Sub-IndustryElectric Utilities Current SymbolNYSE:IDA CUSIP45110710 CIK1057877 Webwww.idacorpinc.com Phone(208) 388-2200Fax208-388-6916Employees2,112Year Founded1916Price Target and Rating Average Stock Price Target$96.40 High Stock Price Target$99.00 Low Stock Price Target$93.00 Potential Upside/Downside-1.1%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$4.98 Trailing P/E Ratio19.57 Forward P/E Ratio18.29 P/E GrowthN/ANet Income$261.20 million Net Margins14.18% Pretax Margin15.05% Return on Equity8.71% Return on Assets3.07% Debt Debt-to-Equity Ratio0.95 Current Ratio1.54 Quick Ratio1.19 Sales & Book Value Annual Sales$1.77 billion Price / Sales2.94 Cash Flow$9.20 per share Price / Cash Flow10.59 Book Value$57.59 per share Price / Book1.69Miscellaneous Outstanding Shares53,240,000Free Float52,987,000Market Cap$5.19 billion OptionableOptionable Beta0.58 Social Links 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMs. Lisa A. Grow (Age 59)CEO, President & Director Comp: $2.58MMr. Brian R. Buckham (Age 45)Senior VP, CFO & Treasurer Comp: $1.08MMr. Jeffrey L. Malmen (Age 56)Senior Vice President of Public Affairs Comp: $847.01kMr. Adam J. Richins (Age 44)Senior VP & COO of Idaho Power Comp: $1.11MMr. Kenneth W. Petersen (Age 60)Vice President Comp: $666.71kMr. Jason C. HuszarVP of Information Technology & Chief Information OfficerMs. 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 More ExecutivesKey CompetitorsPinnacle West CapitalNYSE:PNWOGE EnergyNYSE:OGEPortland General ElectricNYSE:POROtter TailNASDAQ:OTTRALLETENYSE:ALEView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 10,580 shares on 7/26/2024Ownership: 1.009%Allspring Global Investments Holdings LLCSold 138,837 shares on 7/26/2024Ownership: 0.474%State of Michigan Retirement SystemSold 200 shares on 7/26/2024Ownership: 0.023%Tributary Capital Management LLCSold 307 shares on 7/25/2024Ownership: 0.373%Raymond James Trust N.A.Bought 107 shares on 7/25/2024Ownership: 0.012%View All Insider TransactionsView All Institutional Transactions IDA Stock Analysis - Frequently Asked Questions How have IDA shares performed this year? IDACORP's stock was trading at $98.32 at the beginning of 2024. Since then, IDA stock has decreased by 0.9% and is now trading at $97.46. View the best growth stocks for 2024 here. How were IDACORP's earnings last quarter? IDACORP, Inc. (NYSE:IDA) issued its quarterly earnings data on Thursday, May, 2nd. The energy company reported $0.95 earnings per share for the quarter, missing analysts' consensus estimates of $1.01 by $0.06. The energy company had revenue of $448.94 million for the quarter, compared to analyst estimates of $441.21 million. IDACORP had a net margin of 14.18% and a trailing twelve-month return on equity of 8.71%. 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. Who are IDACORP's major shareholders? Top institutional shareholders of IDACORP include Boston Trust Walden Corp (1.08%), Bank of New York Mellon Corp (1.01%), Raymond James & Associates (0.81%) and Allspring Global Investments Holdings LLC (0.47%). Insiders that own company stock include Jeffrey L Malmen, James Bo D Hanchey 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. What other stocks do shareholders of IDACORP own? Based on aggregate information from My MarketBeat watchlists, some other companies that IDACORP investors own include Johnson & Johnson (JNJ), AT&T (T), AbbVie (ABBV), Costco Wholesale (COST), International Business Machines (IBM), Pfizer (PFE) and Procter & Gamble (PG). 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