NYSE:IDA IDACORP - IDA Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding IDACORP, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $106.16 +0.57 (+0.54%) (As of 03/28/2023 04:33 PM ET) Add Compare Share Share Today's Range$105.43▼$107.1550-Day Range$100.99▼$109.3152-Week Range$93.53▼$118.92Volume112,549 shsAverage Volume221,582 shsMarket Capitalization$5.37 billionP/E Ratio20.77Dividend Yield2.98%Price Target$110.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability IDACORP MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside3.6% Upside$110.00 Price TargetShort InterestHealthy2.09% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-2.02Upright™ Environmental ScoreNews Sentiment0.82Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth6.79%From $5.01 to $5.35 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.22 out of 5 starsUtilities Sector52nd out of 85 stocksElectric Services Industry26th out of 40 stocks 1.2 Analyst's Opinion Consensus RatingIDACORP has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $110.00, IDACORP has a forecasted upside of 3.6% from its current price of $106.16.Amount of Analyst CoverageIDACORP has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.09% of the float of IDACORP has been sold short.Short Interest Ratio / Days to CoverIDACORP has a short interest ratio ("days to cover") of 4.8.Change versus previous monthShort interest in IDACORP has recently decreased by 0.94%, indicating that investor sentiment is improving. Previous Next 4.2 Dividend Strength Dividend YieldIDACORP pays a meaningful dividend of 2.99%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthIDACORP has been increasing its dividend for 11 years.Dividend CoverageThe dividend payout ratio of IDACORP is 61.84%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, IDACORP will have a dividend payout ratio of 59.07% next year. This indicates that IDACORP will be able to sustain or increase its dividend. Previous Next 2.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreIDACORP has received a 24.60% 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 -2.02. Previous Next 3.2 News and Social Media Coverage News SentimentIDACORP has a news sentiment score of 0.82. 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 0.43 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 3 news articles for IDACORP this week, compared to 2 articles on an average week.Search Interest3 people have searched for IDA on MarketBeat 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 0.68% of the stock of IDACORP is held by insiders.Percentage Held by Institutions79.38% 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 6.79% in the coming year, from $5.01 to $5.35 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of IDACORP is 20.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.61.Price to Earnings Ratio vs. SectorThe P/E ratio of IDACORP is 20.77, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 104.72.Price to Earnings Growth RatioIDACORP has a PEG Ratio of 7.01. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioIDACORP has a P/B Ratio of 1.91. 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 About IDACORP (NYSE:IDA) StockIDACORP, Inc. is a holding company, which engages in the generation, transmission, distribution, sale, and purchase of electric energy. It operates through the Utilities Operations and All Other segments. The Utilities Operations segment focuses on the production of electricity. The All Others segment consists of IFS's investments in affordable housing developments and historic rehabilitation projects and Ida-West's joint venture investments in small hydropower generation projects. The company was founded in 1916 and is headquartered in Boise, ID.Read More 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 IDA Stock News HeadlinesMarch 15, 2023 | finance.yahoo.comPositive week for IDACORP, Inc. (NYSE:IDA) institutional investors who lost 2.3% over the past yearFebruary 28, 2023 | finance.yahoo.comDo IDACORP's (NYSE:IDA) Earnings Warrant Your Attention?March 28, 2023 | Weiss Ratings (Ad)Banking NightmareDuring and after the Great Financial Crisis of 2008, 485 U.S. banks went under. Here at Weiss Ratings, we warned about 484 — an accuracy rate of 99.8%. Now, we have a new warning. But this time, it's not just about a few hundred banks … it's about nearly every single bank in America …February 16, 2023 | finance.yahoo.comIdaCorp (IDA) Surpasses Q4 Earnings and Revenue EstimatesFebruary 16, 2023 | businesswire.comIDACORP, Inc. Announces Fourth Quarter and Year-End 2022 Results, Initiates 2023 Earnings GuidanceFebruary 13, 2023 | finance.yahoo.comIDACORP's (NYSE:IDA) investors will be pleased with their decent 39% return over the last five yearsFebruary 2, 2023 | finance.yahoo.comIDACORP Schedules Fourth Quarter 2022 Earnings Release & Conference CallJanuary 26, 2023 | finance.yahoo.comDuke Energy begins operation of Idaho's largest solar plantMarch 28, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.January 14, 2023 | finance.yahoo.comInvestors Met With Slowing Returns on Capital At IDACORP (NYSE:IDA)December 12, 2022 | finance.yahoo.comIDACORP, Inc. (IDA) Stock Historical Prices & Data - Yahoo FinanceNovember 30, 2022 | finance.yahoo.comIDACORP, Inc. (NYSE:IDA) Shares Could Be 35% Above Their Intrinsic Value EstimateNovember 9, 2022 | finance.yahoo.comIDACORP Third Quarter 2022 Earnings: Beats ExpectationsNovember 3, 2022 | finance.yahoo.comIDACORP, Inc. Announces Third Quarter 2022 Results, Increases 2022 Earnings GuidanceOctober 29, 2022 | msn.comIdacorp: Dividend InsightsOctober 21, 2022 | finance.yahoo.comIDACORP, Inc. (NYSE:IDA) Stock's On A Decline: Are Poor Fundamentals The Cause?October 17, 2022 | marketwatch.comTrading Idacorp IDA With Integrated Risk ControlsOctober 15, 2022 | nasdaq.comIdacorp, Inc. Shares Near 52-Week Low - Market Mover - NasdaqOctober 12, 2022 | nasdaq.comHere's What To Make Of IDACORP's (NYSE:IDA) Decelerating Rates Of Return - NasdaqOctober 11, 2022 | seekingalpha.comOGE Energy, others poised to report relatively strong Q3 earnings, BofA says (NYSE:OGE) - Seeking AlphaOctober 8, 2022 | seekingalpha.comFirst Trust FIF CEF: Utility & Energy Exposure Under One Roof - Seeking AlphaOctober 7, 2022 | au.finance.yahoo.comIDACORP, Inc.'s (NYSE:IDA) recent 3.1% pullback adds to one-year year losses, institutional owners may take drastic measures - Yahoo Finance AustraliaOctober 6, 2022 | uk.finance.yahoo.comIDACORP, Inc.'s (NYSE:IDA) recent 3.1% pullback adds to one-year year losses, institutional owners may take drastic measures - Yahoo Finance UKOctober 6, 2022 | nasdaq.comIDACORP (IDA) Gains From Regular Investments in Clean Assets - NasdaqOctober 6, 2022 | finance.yahoo.comIDACORP, Inc.'s (NYSE:IDA) recent 3.1% pullback adds to one-year year losses, institutional owners may take drastic measuresOctober 6, 2022 | finance.yahoo.comIDACORP (IDA) Gains From Regular Investments in Clean AssetsOctober 1, 2022 | nasdaq.comIdacorp (IDA) Passes Through 3% Yield Mark - NasdaqSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 IDA Company Calendar Ex-Dividend for 2/28 Dividend2/03/2023Last Earnings2/16/2023Dividend Payable2/28/2023Today3/28/2023Next Earnings (Estimated)5/04/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Electric services Sub-IndustryElectric Utilities SectorUtilities Current SymbolNYSE:IDA CUSIP45110710 CIK1057877 Webwww.idacorpinc.com Phone(208) 388-2200Fax208-388-6916Employees2,070Year Founded1916Price Target and Rating Average Stock Price Forecast$110.00 High Stock Price Forecast$117.00 Low Stock Price Forecast$103.00 Forecasted Upside/Downside+3.5%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$5.11 Trailing P/E Ratio20.79 Forward P/E Ratio21.21 P/E Growth7.01Net Income$258.98 million Net Margins15.75% Pretax Margin18.09% Return on Equity9.42% Return on Assets3.48% Debt Debt-to-Equity Ratio0.78 Current Ratio1.26 Quick Ratio1.07 Sales & Book Value Annual Sales$1.64 billion Price / Sales3.27 Cash Flow$8.60 per share Price / Cash Flow12.35 Book Value$55.67 per share Price / Book1.91Miscellaneous Outstanding Shares50,570,000Free Float50,226,000Market Cap$5.37 billion OptionableOptionable Beta0.59 Social Links Key ExecutivesLisa A. GrowPresident, Chief Executive Officer & DirectorBrian R. BuckhamChief Financial Officer & Senior Vice PresidentPat HarringtonSecretary, Vice President & General CounselKen PetersenTreasurer, Chief Accounting Officer & VPRyan N. AdelmanVice President-Power SupplyKey CompetitorsPNM ResourcesNYSE:PNMPortland General ElectricNYSE:PORHawaiian Electric IndustriesNYSE:HEOGE EnergyNYSE:OGEOtter TailNASDAQ:OTTRView All CompetitorsInstitutional OwnershipMetLife Investment Management LLCSold 635 shares on 3/23/2023Ownership: 0.063%Victory Capital Management Inc.Bought 591,874 shares on 3/10/2023Ownership: 1.192%NatixisBought 21,300 shares on 2/24/2023Ownership: 0.042%Teachers Retirement System of The State of KentuckyBought 700 shares on 2/22/2023Ownership: 0.016%Northwestern Mutual Wealth Management Co.Bought 380 shares on 2/21/2023Ownership: 0.003%View All Institutional Transactions IDA Stock - Frequently Asked Questions Should I buy or sell IDACORP stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for IDACORP in the last year. There are currently 2 hold ratings and 1 buy rating 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 forecast for 2023? 3 Wall Street research analysts have issued 12-month target prices for IDACORP's shares. Their IDA share price forecasts range from $103.00 to $117.00. On average, they expect the company's share price to reach $110.00 in the next twelve months. This suggests a possible upside of 4.2% 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 2023? IDACORP's stock was trading at $107.85 on January 1st, 2023. Since then, IDA stock has decreased by 2.1% and is now trading at $105.59. View the best growth stocks for 2023 here. Are investors shorting IDACORP? IDACORP saw a drop in short interest in February. As of February 28th, there was short interest totaling 1,060,000 shares, a drop of 7.8% from the February 13th total of 1,150,000 shares. Based on an average daily volume of 220,700 shares, the short-interest ratio is presently 4.8 days. Currently, 2.1% 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 4th 2023. View our IDA earnings forecast. How were IDACORP's earnings last quarter? IDACORP, Inc. (NYSE:IDA) announced its earnings results on Thursday, February, 16th. The energy company reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.03. The energy company earned $422.96 million during the quarter, compared to the consensus estimate of $360.62 million. IDACORP had a net margin of 15.75% and a trailing twelve-month return on equity of 9.42%. During the same quarter in the previous year, the company posted $0.65 earnings per share. How often does IDACORP pay dividends? What is the dividend yield for IDACORP? IDACORP announced a quarterly dividend on Thursday, January 19th. Investors of record on Monday, February 6th will be given a dividend of $0.79 per share on Tuesday, February 28th. This represents a $3.16 dividend on an annualized basis and a yield of 2.99%. The ex-dividend date of this dividend is Friday, February 3rd. 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 VanEck Green Infrastructure ETF (RNEW), First Trust EIP Carbon Impact ETF (ECLN), Invesco DWA Utilities Momentum ETF (PUI), First Trust Utilities AlphaDEX Fund (FXU), Invesco S&P MidCap Low Volatility ETF (XMLV), iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV), FlexShares US Quality Low Volatility Index Fund (QLV) and iShares Select Dividend ETF (DVY). Is IDACORP a good dividend stock? IDACORP (NYSE:IDA) pays an annual dividend of $3.16 per share and currently has a dividend yield of 2.99%. The company 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 is 61.84%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IDA will have a dividend payout ratio of 59.07% 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 2023 earnings guidance on Monday, February, 20th. The company provided earnings per share guidance of $4.95-$5.15 for the period, compared to the consensus EPS estimate of $5.14. 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). What is IDACORP's stock symbol? IDACORP trades on the New York Stock Exchange (NYSE) under the ticker symbol "IDA." Who are IDACORP's major shareholders? IDACORP's stock is owned by a variety of institutional and retail investors. Top institutional investors include T. Rowe Price Investment Management Inc. (6.00%), Alliancebernstein L.P. (3.56%), Parnassus Investments LLC (2.65%), Geode Capital Management LLC (1.67%), GW&K Investment Management LLC (1.63%) and First Trust Advisors LP (1.47%). Insiders that own company stock include Christine King, Darrel T Anderson and Jeffrey L Malmen. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is IDACORP's stock price today? One share of IDA stock can currently be purchased for approximately $105.59. How much money does IDACORP make? IDACORP (NYSE:IDA) has a market capitalization of $5.34 billion and generates $1.64 billion in revenue each year. The energy company earns $258.98 million in net income (profit) each year or $5.11 on an earnings per share basis. How many employees does IDACORP have? The company employs 2,070 workers across the globe. How can I contact IDACORP? IDACORP's mailing address is 1221 WEST IDAHO STREET, BOISE ID, 83702. The official website for the company 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. This page (NYSE:IDA) was last updated on 3/28/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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