IDACORP - IDA Stock Forecast, Price & News

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

3 equities research analysts have issued 12-month target prices for IDACORP's stock. Their IDA share price forecasts range from $110.00 to $119.00. On average, they expect the company's share price to reach $114.50 in the next year. This suggests a possible upside of 5.6% from the stock's current price.
View analysts price targets for IDA or view top-rated stocks among Wall Street analysts.

IDACORP's stock was trading at $113.31 on January 1st, 2022. Since then, IDA shares have decreased by 4.3% and is now trading at $108.41.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our IDA earnings forecast.

IDACORP, Inc. (NYSE:IDA) announced its quarterly earnings data on Thursday, August, 4th. The energy company reported $1.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.31 by $0.04. IDACORP had a net margin of 16.25% and a trailing twelve-month return on equity of 8.98%. During the same quarter in the prior year, the business posted $1.38 EPS.

IDACORP announced a quarterly dividend on Thursday, July 21st. Investors 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 dividend yield of 2.77%. The ex-dividend date of this dividend is Tuesday, August 2nd.
Read our dividend analysis for IDA.

IDACORP (NYSE:IDA) pays an annual dividend of $3.00 per share and currently has a dividend yield of 2.77%. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 63.03%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IDA will have a dividend payout ratio of 57.92% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for IDA.

IDACORP updated its FY 2022 earnings guidance on Thursday, August, 18th. The company provided earnings per share guidance of $4.95-$5.05 for the period, compared to the consensus estimate of $4.98. The company issued revenue guidance of -.

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.

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 a number of institutional and retail investors. Top institutional investors include Price T Rowe Associates Inc. MD (5.65%), Parnassus Investments LLC (3.56%), State Street Corp (3.22%), FMR LLC (2.61%), Goldman Sachs Group Inc. (1.41%) and Northern Trust Corp (1.21%). Insiders that own company stock include Christine King, Darrel T Anderson, Jeffrey L Malmen and Richard J Dahl.
View institutional ownership trends.

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.
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One share of IDA stock can currently be purchased for approximately $108.41.

IDACORP (NYSE:IDA) has a market capitalization of $5.48 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.

The company employs 1,999 workers across the globe.

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.