NYSE:IDA IDACORP (IDA) Stock Price, News & Analysis → Make This $3 Trade the Instant the Opening Bell Rings (From Monument Traders Alliance) (Ad) Free IDA Stock Alerts $91.00 +0.20 (+0.22%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$90.57▼$91.5350-Day Range$86.91▼$98.1452-Week Range$86.43▼$112.96Volume588,274 shsAverage Volume462,505 shsMarket Capitalization$4.61 billionP/E Ratio17.70Dividend Yield3.65%Price Target$93.20 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get IDACORP alerts: Email Address IDACORP MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside2.4% Upside$93.20 Price TargetShort InterestHealthy2.15% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-1.88Upright™ Environmental ScoreNews Sentiment0.25Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth6.39%From $5.32 to $5.66 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.3.90 out of 5 starsUtilities Sector44th out of 92 stocksElectric Services Industry20th out of 42 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.Price Target Upside/DownsideAccording to analysts' consensus price target of $93.20, IDACORP has a forecasted upside of 2.4% from its current price of $91.00.Amount of Analyst CoverageIDACORP has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.15% of the float of IDACORP has been sold short.Short Interest Ratio / Days to CoverIDACORP has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in IDACORP has recently increased by 35.17%, indicating that investor sentiment is decreasing significantly. Previous Next 5.0 Dividend Strength Dividend LeadershipIDACORP is a leading dividend payer. It pays a dividend yield of 3.66%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthIDACORP has been increasing its dividend for 12 years.Dividend CoverageThe dividend payout ratio of IDACORP is 64.59%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, IDACORP will have a dividend payout ratio of 58.66% next year. This indicates that IDACORP will be able to sustain or increase its 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 2.4 News and Social Media Coverage News SentimentIDACORP has a news sentiment score of 0.25. 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 lower news sentiment than the 0.45 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 8 news articles for IDACORP this week, compared to 3 articles on an average week.Search Interest2 people have searched for IDA on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added IDACORP to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, IDACORP insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.47% of the stock of IDACORP is held by insiders.Percentage Held by Institutions83.00% of the stock of IDACORP is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for IDACORP are expected to grow by 6.39% in the coming year, from $5.32 to $5.66 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of IDACORP is 17.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.99.Price to Earnings Ratio vs. SectorThe P/E ratio of IDACORP is 17.70, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 81.23.Price to Earnings Growth RatioIDACORP has a PEG Ratio of 3.90. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioIDACORP has a P/B Ratio of 1.58. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsThe ONE AI sSock to own now. (It’s not Nvidia.)Don’t panic — you haven’t missed the boat on AI. In fact, it has barely launched. Sure, the early stages of this boom were big … But I believe the real wealth in AI has yet to be made …Click here to see the presentation 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 HeadlinesMarch 14, 2024 | americanbankingnews.comIDACORP (NYSE:IDA) Now Covered by Analysts at Morgan StanleyMarch 11, 2024 | finance.yahoo.comIs IDACORP, Inc.'s (NYSE:IDA) Recent Performance Underpinned By Weak Financials?March 19, 2024 | Monument Traders Alliance (Ad)Make This $3 Trade the Instant the Opening Bell RingsSince the birth of Wall Street, one simple rule has remained the same.... Buy stocks that are cheap....When they’re on sale…. And when nobody else is looking…March 11, 2024 | americanbankingnews.comQ3 2024 EPS Estimates for IDACORP, Inc. (NYSE:IDA) Lowered by Zacks ResearchMarch 6, 2024 | markets.businessinsider.comMizuho Maintains Neutral Rating for Idacorp: Here's What You Need To KnowFebruary 25, 2024 | seekingalpha.comIdacorp: An Underfollowed Utility Worth Buying NowFebruary 19, 2024 | finance.yahoo.comSouthern (SO) Q4 Earnings Beat on Lower Costs, Sales MissFebruary 18, 2024 | finance.yahoo.comIDACORP, Inc. (NYSE:IDA) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This YearMarch 19, 2024 | Prosper Trading Academy (Ad)Did you make $29,000 two days with AI options trades?What if it was possible to find options trades on autopilot… Using A.I. to find the ones with the highest profit potential… And nearly perfect win rates… You can grab your free copy of my "Ultimate Guide to A.I. Options Trading" by clicking the link below:February 17, 2024 | finance.yahoo.comIDACORP Full Year 2023 Earnings: Revenues Beat Expectations, EPS In LineFebruary 16, 2024 | markets.businessinsider.comMaintaining Hold on IdaCorp Amidst Balanced Capital Expenditure and Earnings OutlookFebruary 16, 2024 | finance.yahoo.comIDACORP, Inc. (NYSE:IDA) Q4 2023 Earnings Call TranscriptFebruary 16, 2024 | finance.yahoo.comQ4 2023 Idacorp Inc Earnings CallFebruary 15, 2024 | msn.comIDACORP's (IDA) Q4 Earnings Top Estimates, Clean Energy AddedFebruary 15, 2024 | seekingalpha.comIDACORP, Inc. 2023 Q4 - Results - Earnings Call PresentationFebruary 15, 2024 | ca.finance.yahoo.comIDACORP, Inc. (IDA) Stock Price, News, Quote & History - Yahoo FinanceFebruary 15, 2024 | sfgate.comIdaCorp: Q4 Earnings SnapshotFebruary 15, 2024 | finance.yahoo.comDown -6.89% in 4 Weeks, Here's Why IdaCorp (IDA) Looks Ripe for a TurnaroundFebruary 15, 2024 | finance.yahoo.comIdaCorp (IDA) Q4 Earnings Beat EstimatesFebruary 15, 2024 | markets.businessinsider.comIDACORP Q4 Profit Down, But Beats Estimates; Sees FY24 Earnings Below MarketFebruary 15, 2024 | finance.yahoo.comIDACORP, Inc. Announces Fourth Quarter and Year-End 2023 Results, Initiates 2024 Earnings GuidanceFebruary 15, 2024 | finance.yahoo.comIdacorp Inc (IDA) Reports Modest Annual Earnings Growth Amid Operational ChallengesFebruary 15, 2024 | businesswire.comIDACORP, Inc. Announces Fourth Quarter and Year-End 2023 Results, Initiates 2024 Earnings GuidanceFebruary 14, 2024 | ca.finance.yahoo.comIDA Feb 2024 85.000 callFebruary 14, 2024 | benzinga.comIdacorp's Earnings OutlookFebruary 13, 2024 | wsj.comIDACORP Inc.February 9, 2024 | finance.yahoo.comDown -6.81% in 4 Weeks, Here's Why You Should You Buy the Dip in IdaCorp (IDA)See 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 Ex-Dividend for 2/28 Dividend2/02/2024Last Earnings2/15/2024Dividend Payable2/28/2024Today3/19/2024Next Earnings (Estimated)5/02/2024Fiscal 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$93.20 High Stock Price Target$99.00 Low Stock Price Target$88.00 Potential Upside/Downside+2.4%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$5.14 Trailing P/E Ratio17.70 Forward P/E Ratio17.11 P/E Growth3.9Net Income$261.20 million Net Margins14.79% Pretax Margin16.37% Return on Equity9.06% Return on Assets3.22% Debt Debt-to-Equity Ratio0.95 Current Ratio1.58 Quick Ratio1.33 Sales & Book Value Annual Sales$1.77 billion Price / Sales2.61 Cash Flow$9.13 per share Price / Cash Flow9.97 Book Value$57.59 per share Price / Book1.58Miscellaneous Outstanding Shares50,630,000Free Float50,390,000Market Cap$4.61 billion OptionableOptionable Beta0.55 Social Links 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.Get This Free Report Key ExecutivesMs. Lisa A. Grow (Age 59)CEO, President & Director Comp: $2.35MMr. Brian R. Buckham (Age 45)Senior VP, CFO & Treasurer Comp: $959.89kMr. Jeffrey L. Malmen (Age 56)Senior Vice President of Public Affairs Comp: $774.56kMr. Adam J. Richins (Age 44)Senior VP & COO of Idaho Power Comp: $1.01MMr. Jason C. HuszarVP of Information Technology & Chief Information OfficerJustin S. ForsbergDirector of Investor Relations & TreasuryMs. 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 CompetitorsPortland General ElectricNYSE:POROtter TailNASDAQ:OTTRPNM ResourcesNYSE:PNMOGE EnergyNYSE:OGEHawaiian Electric IndustriesNYSE:HEView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Sold 223,216 shares on 3/11/2024Ownership: 11.405%Wellington Management Group LLPBought 546,818 shares on 3/5/2024Ownership: 3.228%Goldman Sachs Group Inc.Bought 8,479 shares on 3/1/2024Ownership: 0.525%American International Group Inc.Sold 2,942 shares on 2/28/2024Ownership: 0.135%Teachers Retirement System of The State of KentuckyBought 6,997 shares on 2/26/2024Ownership: 0.084%View All Insider TransactionsView All Institutional Transactions IDA Stock Analysis - Frequently Asked Questions Should I buy or sell IDACORP stock right now? 5 Wall Street equities research 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 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? 5 brokers have issued 1 year target prices for IDACORP's stock. Their IDA share price targets range from $88.00 to $99.00. On average, they predict the company's stock price to reach $93.20 in the next twelve months. This suggests a possible upside of 2.4% 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 7.4% and is now trading at $91.00. View the best growth stocks for 2024 here. Are investors shorting IDACORP? IDACORP saw a increase in short interest in the month of February. As of February 29th, there was short interest totaling 1,080,000 shares, an increase of 35.2% from the February 14th total of 799,000 shares. Based on an average trading volume of 340,600 shares, the short-interest ratio is currently 3.2 days. Approximately 2.2% of the shares of the 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) announced its earnings results on Thursday, February, 15th. The energy company reported $0.61 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.60 by $0.01. The energy company had revenue of $411.95 million for 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 quarter last year, the firm earned $0.83 earnings per share. How often does IDACORP pay dividends? What is the dividend yield for IDACORP? IDACORP declared a quarterly dividend on Thursday, January 18th. Stockholders 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 dividend on an annualized basis and a yield of 3.65%. 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 3.66%. 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 ETFs hold IDACORP's stock? ETFs with the largest weight of IDACORP (NYSE:IDA) stock in their portfolio include Ecofin US Renewables Infrastructure (RNEW), First Trust EIP Carbon Impact ETF (ECLN), Invesco Dorsey Wright Utilities Momentum ETF (PUI), First Trust Utilities AlphaDEX Fund (FXU), iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV), Invesco S&P MidCap Low Volatility ETF (XMLV), First Trust North American Energy Infrastructure Fund (EMLP) and iShares U.S. Small Cap Equity Factor ETF (SMLF). 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 (EPS) 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 shareholders include Vanguard Group Inc. (11.41%), Vanguard Group Inc. (11.40%), Wellington Management Group LLP (3.23%), Victory Capital Management Inc. (2.36%), Parnassus Investments LLC (2.08%) and GW&K Investment Management LLC (1.51%). 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 3/19/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial Metals8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressLike Tiny Crypto Retirement FundsCrypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceThe world’s greatest investmentPorter & CompanySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academytop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders Agency Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding IDACORP, Inc. 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