IDACORP (IDA) Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IDACORP in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" IDACORP stock.
View analyst ratings for IDACORP or view top-rated stocks.

3 Wall Street research analysts have issued twelve-month target prices for IDACORP's stock. Their IDA stock forecasts range from $110.00 to $119.00. On average, they anticipate IDACORP's share price to reach $114.50 in the next twelve months. This suggests a possible upside of 4.6% from the stock's current price.
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IDACORP's stock was trading at $113.31 at the start of the year. Since then, IDA shares have decreased by 3.4% and is now trading at $109.49.
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IDACORP is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our earnings forecast for IDACORP.

IDACORP, Inc. (NYSE:IDA) issued its quarterly earnings data on Thursday, August, 4th. The energy company reported $1.27 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.31 by $0.04. IDACORP had a trailing twelve-month return on equity of 9.01% and a net margin of 16.25%. During the same quarter in the previous year, the business earned $1.38 EPS.

IDACORP declared a quarterly dividend on Thursday, July 21st. Shareholders of record on Wednesday, August 3rd will be paid a dividend of $0.75 per share on Wednesday, August 31st. This represents a $3.00 annualized dividend and a yield of 2.74%. The ex-dividend date is Tuesday, August 2nd.
View IDACORP's dividend history.

IDACORP(NYSE:IDA) pays an annual dividend of $3.00 per share and currently has a dividend yield of 2.74%. IDACORP has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of IDACORP is 63.03%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IDACORP will have a dividend payout ratio of 57.92% next year. This indicates that IDACORP will be able to sustain or increase its dividend.
View IDACORP's dividend history.

IDACORP issued an update on its FY 2022 earnings guidance on Thursday, August, 4th. The company provided EPS guidance of $4.95-$5.05 for the period, compared to the consensus earnings per share estimate of $4.98. The company issued revenue guidance of -.

1 employees have rated IDACORP CEO Hal Koyama on Glassdoor.com. Hal Koyama has an approval rating of 100% among IDACORP's employees. This puts Hal Koyama in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

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).

IDACORP trades on the New York Stock Exchange (NYSE) under the ticker symbol "IDA."

IDACORP's stock is owned by many different institutional and retail investors. Top institutional investors include Parnassus Investments LLC (3.56%), Boston Trust Walden Corp (1.14%), Anchor Capital Advisors LLC (0.40%), Tributary Capital Management LLC (0.36%), Strs Ohio (0.35%) and Leeward Investments LLC MA (0.32%). Company insiders that own IDACORP stock include Christine King, Darrel T Anderson, Jeffrey L Malmen, Lisa A Grow, Richard J Dahl and Tessia Park.
View institutional ownership trends for IDACORP.

Shares of IDA 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.
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One share of IDA stock can currently be purchased for approximately $109.49.

IDACORP (NYSE:IDA) has a market capitalization of $5.54 billion and generates $1.46 billion in revenue each year. The energy company earns $245.55 million in net income (profit) each year or $4.76 on an earnings per share basis.

IDACORP employs 1,999 workers across the globe.

IDACORP was founded in 1916.

IDACORP's mailing address is 1221 WEST IDAHO STREET, BOISE ID, 83702. The official website for IDACORP is www.idacorpinc.com. The energy company can be reached via phone at (208) 388-2200, via email at jforsberg@idacorpinc.com, or via fax at 208-388-6916.