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IDACORP (IDA) Stock Price, News & Analysis

-0.34 (-0.35%)
(As of 05/22/2024 ET)
Today's Range
50-Day Range
52-Week Range
217,593 shs
Average Volume
378,048 shs
Market Capitalization
$4.92 billion
P/E Ratio
Dividend Yield
Price Target

IDACORP MarketRank™ Stock Analysis

Analyst Rating
2.00 Rating Score
0.3% Downside
$96.80 Price Target
Short Interest
2.87% of Float Sold Short
Dividend Strength
Based on Four Factors
Upright™ Environmental Score
News Sentiment
0.84mentions of IDACORP in the last 14 days
Based on 8 Articles This Week
Insider Trading
Proj. Earnings Growth
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.

3.97 out of 5 stars

Utilities Sector

35th out of 90 stocks

Electric Services Industry

14th out of 38 stocks

IDA stock logo


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

Mizuho Boosts IDACORP (NYSE:IDA) Price Target to $99.00
Q1 2024 Idacorp Inc Earnings Call
Idacorp Inc's Dividend Analysis
Idacorp Inc. Q1 Profit Falls, misses estimates
IDACORP Q1 2024 Earnings Preview
Here's what to expect from IDACORP's earnings report
IDACORP, Inc. Declares Dividend
IDACORP's (NYSE:IDA) Returns Have Hit A Wall
Idacorp: An Underfollowed Utility Worth Buying Now
Southern (SO) Q4 Earnings Beat on Lower Costs, Sales Miss
See More Headlines
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Company Calendar

Ex-Dividend for 2/28 Dividend
Dividend Payable
Last Earnings
Ex-Dividend for 5/30 Dividend
Dividend Payable
Next Earnings (Estimated)
Fiscal Year End

Industry, Sector and Symbol

Electric services
Electric Utilities
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Rating Score (0-4)
Research Coverage
5 Analysts


Net Income
$261.20 million
Pretax Margin


Sales & Book Value

Annual Sales
$1.79 billion
Cash Flow
$9.00 per share
Book Value
$57.65 per share


Free Float
Market Cap
$4.92 billion

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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 analysts have issued "buy," "hold," and "sell" ratings for IDACORP in the last twelve months. There are currently 5 hold ratings for the stock. The consensus among Wall Street 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 brokerages have issued 12-month price targets for IDACORP's shares. Their IDA share price targets range from $93.00 to $99.00. On average, they expect the company's share price to reach $96.80 in the next year. This suggests that the stock has a possible downside of 0.3%.
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 start of the year. Since then, IDA shares have decreased by 1.2% and is now trading at $97.1250.
View the best growth stocks for 2024 here

Are investors shorting IDACORP?

IDACORP saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 1,370,000 shares, an increase of 6.2% from the March 31st total of 1,290,000 shares. Based on an average trading volume of 393,200 shares, the days-to-cover ratio is currently 3.5 days. Currently, 2.7% of the shares of the company 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, August 1st 2024.
View our IDA earnings forecast

How were IDACORP's earnings last quarter?

IDACORP, Inc. (NYSE:IDA) released its quarterly earnings data on Thursday, May, 2nd. The energy company reported $0.95 EPS for the quarter, missing the consensus estimate 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 trailing twelve-month return on equity of 8.71% and a net margin of 14.18%. During the same quarter in the prior year, the business posted $1.11 EPS.

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

IDACORP declared a quarterly dividend on Thursday, April 18th. Investors of record on Monday, May 6th will be given a dividend of $0.83 per share on Thursday, May 30th. This represents a $3.32 dividend on an annualized basis and a yield of 3.42%. The ex-dividend date of this dividend is Friday, May 3rd.
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 66.67%. 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, May, 3rd. The company provided earnings per share guidance of 5.250-5.450 for the period, compared to the consensus estimate of 5.390. 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 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 Vanguard Group Inc. (11.31%), Nuance Investments LLC (1.85%), Principal Financial Group Inc. (1.00%), Raymond James & Associates (0.81%), Allspring Global Investments Holdings LLC (0.77%) and Allspring Global Investments Holdings LLC (0.77%). 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 5/23/2024 by Staff

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