IDACORP Stock Forecast, Price & News

IDACORP's stock was trading at $95.80 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, IDA stock has decreased by 15.1% and is now trading at $81.33.
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6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IDACORP in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for IDACORP.

IDACORP is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
View our earnings forecast for IDACORP.

IDACORP Inc (NYSE:IDA) announced its quarterly earnings data on Thursday, July, 30th. The energy company reported $1.19 earnings per share for the quarter, beating analysts' consensus estimates of $1.18 by $0.01. The energy company had revenue of $318.77 million for the quarter, compared to analyst estimates of $310.35 million. IDACORP had a return on equity of 9.48% and a net margin of 18.22%. During the same quarter in the previous year, the firm posted $1.05 EPS.
View IDACORP's earnings history.

IDACORP declared a quarterly dividend on Thursday, July 16th. Shareholders of record on Wednesday, August 5th will be given a dividend of $0.67 per share on Monday, August 31st. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.30%. The ex-dividend date is Tuesday, August 4th.
View IDACORP's dividend history.

IDACORP updated its FY20 earnings guidance on Thursday, July, 30th. The company provided earnings per share guidance of $4.45-4.65 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.54.

6 brokers have issued 1 year price targets for IDACORP's shares. Their forecasts range from $96.00 to $110.00. On average, they expect IDACORP's share price to reach $102.83 in the next year. This suggests a possible upside of 26.4% from the stock's current price.
View analysts' price targets for IDACORP.

Some companies that are related to IDACORP include NextEra Energy (NEE), Duke Energy (DUK), Southern (SO), American Electric Power (AEP), Xcel Energy (XEL), Exelon (EXC), Eversource Energy (ES), PPL (PPL), Entergy (ETR), Edison International (EIX), FirstEnergy (FE), Pinnacle West Capital (PNW), OGE Energy (OGE), Hawaiian Electric Industries (HE) and PNM Resources (PNM).
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Based on aggregate information from My MarketBeat watchlists, some companies that other IDACORP investors own include Costco Wholesale (COST), AT&T (T), AbbVie (ABBV), Johnson & Johnson (JNJ), Pfizer (PFE), IBM (IBM), Avista (AVA), Dominion Energy (D), Procter & Gamble (PG) and Verizon Communications (VZ).

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 investors include Vanguard Group Inc. (11.30%), FMR LLC (1.89%), Bank of New York Mellon Corp (1.43%), First Trust Advisors LP (1.21%), Charles Schwab Investment Management Inc. (1.09%) and Goldman Sachs Group Inc. (0.94%). Company insiders that own IDACORP stock include Christine King, Darrel T Anderson, Lisa A Grow, Richard J Dahl, Steven R Keen and Tessia Park.
View institutional ownership trends for IDACORP.

IDA stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Goldman Sachs Group Inc., AQR Capital Management LLC, Barclays PLC, FMR LLC, WINTON GROUP Ltd, Charles Schwab Investment Management Inc., and Advisory Research Inc.. Company insiders that have sold IDACORP company stock in the last year include Christine King, and Darrel T Anderson.
View insider buying and selling activity for IDACORP.

IDA stock was acquired by a variety of institutional investors in the last quarter, including Man Group plc, GW&K Investment Management LLC, Tiedemann Advisors LLC, Nordea Investment Management AB, AJO LP, Bank of America Corp DE, MUFG Securities EMEA plc, and First Quadrant L P CA.
View insider buying and selling activity 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of IDA stock can currently be purchased for approximately $81.33.

IDACORP has a market capitalization of $4.10 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 1,985 workers across the globe.

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

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]