IDACORP Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for IDACORP in the last year. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" IDACORP stock. 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.
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Wall Street analysts have given IDACORP a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but IDACORP wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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IDACORP is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for IDACORP.

IDACORP, Inc. (NYSE:IDA) issued its quarterly earnings results on Thursday, April, 29th. The energy company reported $0.89 EPS for the quarter, topping the Zacks' consensus estimate of $0.81 by $0.08. The energy company earned $316.05 million during the quarter. IDACORP had a trailing twelve-month return on equity of 9.86% and a net margin of 18.60%.
View IDACORP's earnings history.

IDACORP's stock was trading at $95.80 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, IDA stock has increased by 5.2% and is now trading at $100.80.
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IDACORP declared a quarterly dividend on Thursday, April 15th. Investors of record on Wednesday, May 5th will be paid a dividend of $0.71 per share on Tuesday, June 1st. This represents a $2.84 dividend on an annualized basis and a yield of 2.82%. The ex-dividend date of this dividend is Tuesday, May 4th.
View IDACORP's dividend history.

IDACORP pays an annual dividend of $2.84 per share and currently has a dividend yield of 2.79%. IDACORP has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of IDACORP is 61.61%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IDACORP will have a dividend payout ratio of 60.43% next year. This indicates that IDACORP will be able to sustain or increase its dividend.
View IDACORP's dividend history.

IDACORP updated its FY 2021 earnings guidance on Thursday, May, 6th. The company provided EPS guidance of 4.600-4.800 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.780. The company issued revenue guidance of -.

4 analysts have issued 12-month price targets for IDACORP's stock. Their forecasts range from $94.00 to $105.00. On average, they anticipate IDACORP's stock price to reach $100.00 in the next twelve months. This suggests that the stock has a possible downside of 0.8%.
View analysts' price targets for IDACORP or view top-rated stocks among Wall Street analysts.

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.

Some companies that are related to IDACORP include NextEra Energy (NEE), Duke Energy (DUK), The Southern (SO), Eversource Energy (ES), PPL (PPL), Edison International (EIX), Entergy (ETR), FirstEnergy (FE), Pinnacle West Capital (PNW), OGE Energy (OGE), Hawaiian Electric Industries (HE), Portland General Electric (POR), PNM Resources (PNM), ALLETE (ALE) and MGE Energy (MGEE).
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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), The 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 a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.00%), Price T Rowe Associates Inc. MD (4.93%), Alliancebernstein L.P. (2.63%), Parnassus Investments CA (2.31%), Goldman Sachs Group Inc. (1.69%) and GW&K Investment Management LLC (1.62%). 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.

IDA stock was sold by a variety of institutional investors in the last quarter, including Parnassus Investments CA, BlackRock Inc., Nuance Investments LLC, Franklin Resources Inc., Renaissance Technologies LLC, Los Angeles Capital Management LLC, Thrivent Financial for Lutherans, and Lazard Asset Management LLC. Company insiders that have sold IDACORP company stock in the last year include Christine King, Darrel T Anderson, and Jeffrey L Malmen.
View insider buying and selling activity for IDACORP or view top insider-selling stocks.

IDA stock was bought by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Price T Rowe Associates Inc. MD, Goldman Sachs Group Inc., Boston Trust Walden Corp, Ergoteles LLC, Assenagon Asset Management S.A., NFJ Investment Group LLC, and UBS Group AG.
View insider buying and selling activity for IDACORP or or view top insider-buying stocks.

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 $100.80.

IDACORP has a market capitalization of $5.09 billion and generates $1.35 billion in revenue each year. The energy company earns $232.85 million in net income (profit) each year or $4.61 on an earnings per share basis.

IDACORP employs 1,943 workers across the globe.

IDACORP was founded in 1916.

The official website for IDACORP is www.idacorpinc.com.

IDACORP is headquartered at 1221 WEST IDAHO STREET, BOISE ID, 83702.

IDACORP's mailing address is 1221 WEST IDAHO STREET, BOISE ID, 83702. The energy company can be reached via phone at 208-388-2200 or via email at [email protected]