NYSE:IDA IDACORP (IDA) Stock Price, News & Analysis → The “Perfect Storm” for Gold (From Gold Safe Exchange) (Ad) Free IDA Stock Alerts $92.26 +1.89 (+2.09%) (As of 04/18/2024 ET) Add Compare Share Share Today's Range$90.23▼$92.4750-Day Range$86.91▼$93.6852-Week Range$86.43▼$112.96Volume280,437 shsAverage Volume362,295 shsMarket Capitalization$4.68 billionP/E Ratio17.95Dividend Yield3.60%Price Target$93.80 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/Downside1.7% Upside$93.80 Price TargetShort InterestHealthy2.56% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-1.88Upright™ Environmental ScoreNews Sentiment1.06Based on 6 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.3.97 out of 5 starsUtilities Sector38th out of 91 stocksElectric Services Industry18th out of 39 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 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.56% of the float of IDACORP has been sold short.Short Interest Ratio / Days to CoverIDACORP has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in IDACORP has recently increased by 1.57%, indicating that investor sentiment is decreasing. Previous Next 5.0 Dividend Strength Dividend LeadershipIDACORP is a leading dividend payer. It pays a dividend yield of 3.72%, 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 3.4 News and Social Media Coverage News SentimentIDACORP has a news sentiment score of 1.06. 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 0.52 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 6 news articles for IDACORP this week, compared to 3 articles on an average week.Search InterestOnly 1 people have searched for IDA on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat Follows2 people have added IDACORP to their MarketBeat watchlist in the last 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 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. 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 17.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.28.Price to Earnings Ratio vs. SectorThe P/E ratio of IDACORP is 17.95, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 78.77.Price to Book Value per Share RatioIDACORP has a P/B Ratio of 1.60. 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 Gold Safe ExchangeThe “Perfect Storm” for GoldGold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.Click here now to download the free Precious Metals Buying Guide! 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 HeadlinesApril 18, 2024 | businesswire.comIDACORP, Inc. Declares DividendApril 17, 2024 | businesswire.comEast Bank Master Developer Agreement with The Fallon Company ApprovedApril 19, 2024 | Gold Safe Exchange (Ad)The “Perfect Storm” for GoldGold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.April 15, 2024 | americanbankingnews.comIDACORP, Inc. (NYSE:IDA) Receives Consensus Recommendation of "Hold" from AnalystsApril 1, 2024 | finance.yahoo.comIDACORP's (NYSE:IDA) Returns Have Hit A WallMarch 11, 2024 | finance.yahoo.comIs IDACORP, Inc.'s (NYSE:IDA) Recent Performance Underpinned By Weak Financials?March 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 NowApril 19, 2024 | Gold Safe Exchange (Ad)The “Perfect Storm” for GoldGold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.February 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 YearFebruary 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 OutlookSee 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 Payable2/28/2024Today4/18/2024Next 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$93.80 High Stock Price Target$99.00 Low Stock Price Target$88.00 Potential Upside/Downside+1.7%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$5.14 Trailing P/E Ratio17.95 Forward P/E Ratio17.34 P/E GrowthN/ANet 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 / Sales2.65 Cash Flow$9.42 per share Price / Cash Flow9.79 Book Value$57.59 per share Price / Book1.60Miscellaneous Outstanding Shares50,690,000Free Float50,456,000Market Cap$4.68 billion OptionableOptionable Beta0.56 Social Links The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.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 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 Mr. Patrick A. Harrington (Age 63)Corporate Secretary More ExecutivesKey CompetitorsPortland General ElectricNYSE:POROtter TailNASDAQ:OTTRPNM ResourcesNYSE:PNMOGE EnergyNYSE:OGEPinnacle West CapitalNYSE:PNWView All CompetitorsInsiders & InstitutionsAllspring Global Investments Holdings LLCBought 145,316 shares on 4/18/2024Ownership: 0.772%Tributary Capital Management LLCBought 18,197 shares on 4/18/2024Ownership: 0.393%State of Michigan Retirement SystemBought 300 shares on 4/18/2024Ownership: 0.025%Buffington Mohr McNealSold 139 shares on 4/18/2024Ownership: 0.011%Hennion & Walsh Asset Management Inc.Sold 2,788 shares on 4/17/2024Ownership: 0.022%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 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 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 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 stock price to reach $93.80 in the next year. This suggests a possible upside of 1.7% 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 start of the year. Since then, IDA stock has decreased by 6.2% and is now trading at $92.26. View the best growth stocks for 2024 here. Are investors shorting IDACORP? IDACORP saw a increase in short interest during the month of 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 daily trading volume, of 366,800 shares, the short-interest ratio is currently 3.5 days. Currently, 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) posted its earnings results on Thursday, February, 15th. The energy company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.01. The energy company earned $411.95 million during the quarter, compared to analyst estimates 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 in the prior year, the company 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. Investors 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 yield of 3.60%. 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 3.72%. 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 Invesco Dorsey Wright Utilities Momentum ETF (PUI), Ecofin U.S. Renewables Infrastructure Trust (RNEW), First Trust EIP Carbon Impact ETF (ECLN), First Trust Utilities AlphaDEX Fund (FXU), Invesco S&P MidCap Low Volatility ETF (XMLV), Virtus Reaves Utilities ETF (UTES), iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) and First Trust North American Energy Infrastructure Fund (EMLP). 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 EPS guidance of 5.250-5.450 for the period, compared to the consensus earnings per share 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 many different institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.77%), Tributary Capital Management LLC (0.39%), Alaska Permanent Fund Corp (0.25%), Buckley Wealth Management LLC (0.08%), Congress Asset Management Co. MA (0.04%) and State of Michigan Retirement System (0.02%). 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 4/19/2024 by MarketBeat.com Staff From Our PartnersThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingBiden’s $374B Giveaway Into This SectorDTIThe “Perfect Storm” for GoldGold Safe ExchangeForget Bitcoin. 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