S&P 500   4,283.74
DOW   33,999.04
QQQ   329.28
US to hold trade talks with Taiwan, island drills military
The Coming Copper Bull Run (Ad)
BJ’s Wholesale Club Pops, Will Costco Be Next?
Starbucks Stock, Is Brand Loyalty Enough Reason to Buy
Is the US Military Secretly Under Chinese Control? (Ad)
Trump Organization CFO pleads guilty in tax evasion case
Is Sanofi A Buy, Despite Recent Stumbles?
Is the US Military Secretly Under Chinese Control? (Ad)
Gas-powered muscle cars drive into the sunset, turn electric
Global markets lower after Wall Street gains on jobs data
S&P 500   4,283.74
DOW   33,999.04
QQQ   329.28
US to hold trade talks with Taiwan, island drills military
The Coming Copper Bull Run (Ad)
BJ’s Wholesale Club Pops, Will Costco Be Next?
Starbucks Stock, Is Brand Loyalty Enough Reason to Buy
Is the US Military Secretly Under Chinese Control? (Ad)
Trump Organization CFO pleads guilty in tax evasion case
Is Sanofi A Buy, Despite Recent Stumbles?
Is the US Military Secretly Under Chinese Control? (Ad)
Gas-powered muscle cars drive into the sunset, turn electric
Global markets lower after Wall Street gains on jobs data
S&P 500   4,283.74
DOW   33,999.04
QQQ   329.28
US to hold trade talks with Taiwan, island drills military
The Coming Copper Bull Run (Ad)
BJ’s Wholesale Club Pops, Will Costco Be Next?
Starbucks Stock, Is Brand Loyalty Enough Reason to Buy
Is the US Military Secretly Under Chinese Control? (Ad)
Trump Organization CFO pleads guilty in tax evasion case
Is Sanofi A Buy, Despite Recent Stumbles?
Is the US Military Secretly Under Chinese Control? (Ad)
Gas-powered muscle cars drive into the sunset, turn electric
Global markets lower after Wall Street gains on jobs data
S&P 500   4,283.74
DOW   33,999.04
QQQ   329.28
US to hold trade talks with Taiwan, island drills military
The Coming Copper Bull Run (Ad)
BJ’s Wholesale Club Pops, Will Costco Be Next?
Starbucks Stock, Is Brand Loyalty Enough Reason to Buy
Is the US Military Secretly Under Chinese Control? (Ad)
Trump Organization CFO pleads guilty in tax evasion case
Is Sanofi A Buy, Despite Recent Stumbles?
Is the US Military Secretly Under Chinese Control? (Ad)
Gas-powered muscle cars drive into the sunset, turn electric
Global markets lower after Wall Street gains on jobs data
NYSE:IDA

IDACORP - IDA Stock Forecast, Price & News

$114.96
-0.10 (-0.09%)
(As of 08/18/2022 12:00 AM ET)
Add
Compare
Today's Range
$114.66
$115.92
50-Day Range
$97.91
$115.16
52-Week Range
$95.26
$118.92
Volume
98,690 shs
Average Volume
159,351 shs
Market Capitalization
$5.81 billion
P/E Ratio
24.15
Dividend Yield
2.61%
Price Target
$114.50

IDACORP MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
0.4% Downside
$114.50 Price Target
Short Interest
Healthy
1.86% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.91
Upright™ Environmental Score
News Sentiment
0.14mentions of IDACORP in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
3.60%
From $5.00 to $5.18 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.11 out of 5 stars

Utilities Sector

54th out of 87 stocks

Electric Services Industry

21st out of 42 stocks

IDA stock logo

About IDACORP (NYSE:IDA) Stock

IDACORP, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, purchase, and sale of electric energy in the United States. The company operates 17 hydropower generating plants located in southern Idaho and eastern Oregon; three natural gas-fired plants in southern Idaho; and interests in two coal-fired steam electric generating plants located in Wyoming and Nevada. As of December 31, 2021, it had approximately 4,843 pole-miles of high-voltage transmission lines; 23 step-up transmission substations located at power plants; 21 transmission substations; 10 switching stations; 30 mixed-use transmission and distribution substations; 187 energized distribution substations; and 28,570 pole-miles of distribution lines, as well as provides electric utility services to approximately 604,000 retail customers in southern Idaho and eastern Oregon. The company serves commercial and industrial customers, which involved in food processing, electronics and general manufacturing, agriculture, health care, government, and education. It also invests in housing and other real estate tax credit investments. IDACORP, Inc. was founded in 1915 and is headquartered in Boise, Idaho.

IDACORP Price Performance

Shares of NYSE:IDA traded down $0.10 during mid-day trading on Thursday, reaching $114.96. The company's stock had a trading volume of 98,690 shares, compared to its average volume of 224,717. The stock has a 50-day moving average of $106.53 and a two-hundred day moving average of $108.24. The stock has a market capitalization of $5.81 billion, a P/E ratio of 24.09, a P/E/G ratio of 8.17 and a beta of 0.56. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.33 and a current ratio of 1.54. IDACORP has a 1-year low of $95.26 and a 1-year high of $118.92.

IDACORP (NYSE:IDA - Get Rating) last announced 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 net margin of 16.25% and a return on equity of 8.98%. During the same quarter in the previous year, the business posted $1.38 earnings per share. On average, equities research analysts anticipate that IDACORP will post 5 EPS for the current fiscal year.

IDACORP Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 31st. Shareholders of record on Wednesday, August 3rd will be paid a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a yield of 2.61%. The ex-dividend date of this dividend is Tuesday, August 2nd. IDACORP's dividend payout ratio (DPR) is presently 63.03%.

Wall Street Analyst Weigh In

Separately, Wells Fargo & Company upgraded shares of IDACORP from an "underweight" rating to an "equal weight" rating and boosted their target price for the company from $108.00 to $110.00 in a research note on Tuesday, May 3rd.

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.

IDA Stock News Headlines

The Returns At IDACORP (NYSE:IDA) Aren't Growing
IDACORP (NYSE:IDA) and Heliogen (NYSE:HLGN) Critical Comparison
IdaCorp: Q2 Earnings Snapshot - Greenwich Time
Recap: Idacorp Q2 Earnings - Benzinga
IDACORP Q2 2022 Earnings Preview
IDACORP (IDA) Set to Announce Earnings on Thursday
Idacorp (IDA) Passes Through 3% Yield Mark
Idacorp is Now Oversold (IDA) - Nasdaq
See More Headlines
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.

IDA Company Calendar

Ex-Dividend for 5/31 Dividend
5/02/2022
Dividend Payable
5/31/2022
Ex-Dividend for 8/31 Dividend
8/02/2022
Last Earnings
8/04/2022
Today
8/19/2022
Dividend Payable
8/31/2022
Next Earnings (Estimated)
10/27/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
Electric Utilities
Sector
Utilities
CUSIP
45110710
Employees
1,999
Year Founded
1916

Price Target and Rating

Average Stock Price Forecast
$114.50
High Stock Price Forecast
$119.00
Low Stock Price Forecast
$110.00
Forecasted Upside/Downside
-0.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$245.55 million
Pretax Margin
18.63%

Debt

Sales & Book Value

Annual Sales
$1.46 billion
Cash Flow
$8.40 per share
Book Value
$53.67 per share

Miscellaneous

Free Float
50,216,000
Market Cap
$5.81 billion
Optionable
Optionable
Beta
0.56

Social Links


Key Executives

  • Ms. Lisa A. Grow (Age 57)
    CEO, Pres & Director
    Comp: $2.17M
  • Mr. Brian R. Buckham (Age 43)
    Sr. VP & CFO
    Comp: $881.67k
  • Mr. Jeffrey L. MalmenMr. Jeffrey L. Malmen (Age 54)
    Sr. VP of Public Affairs
    Comp: $736.38k
  • Mr. Steven R. Keen (Age 61)
    Sr. VP
    Comp: $1.04M
  • Mr. Adam J. Richins (Age 43)
    Sr. VP & COO of Idaho Power
    Comp: $922.18k
  • Mr. Kenneth W. Petersen (Age 58)
    VP, Chief Accounting Officer & Treasurer
  • Mr. Jason C. Huszar
    VP of Information Technology & Chief Information Officer
  • Justin S. Forsberg
    Director of Investor Relations & Treasury
  • Mr. Patrick A. Harrington (Age 61)
    VP, Gen. Counsel & Corp. Sec.
  • Mr. Mitchel D. Colburn
    Resource Planning and Operations Director of Idaho Power













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 twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" IDA shares.
View IDA analyst ratings
or view top-rated stocks.

What is IDACORP's stock price forecast for 2022?

3 brokers have issued 1 year target prices for IDACORP's shares. Their IDA share price forecasts range from $110.00 to $119.00. On average, they anticipate the company's share price to reach $114.50 in the next twelve months. This suggests that the stock has a possible downside of 0.4%.
View analysts price targets for IDA
or view top-rated stocks among Wall Street analysts.

How have IDA shares performed in 2022?

IDACORP's stock was trading at $113.31 at the beginning of 2022. Since then, IDA shares have increased by 1.5% and is now trading at $114.96.
View the best growth stocks for 2022 here
.

When is IDACORP's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our IDA earnings forecast
.

How were IDACORP's earnings last quarter?

IDACORP, Inc. (NYSE:IDA) posted its earnings results 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 net margin of 16.25% and a trailing twelve-month return on equity of 8.98%. During the same period in the previous year, the company earned $1.38 EPS.

How often does IDACORP pay dividends? What is the dividend yield for IDACORP?

IDACORP announced a quarterly dividend on Thursday, July 21st. Stockholders of record on Wednesday, August 3rd will be given a dividend of $0.75 per share on Wednesday, August 31st. This represents a $3.00 annualized dividend and a yield of 2.61%. The ex-dividend date of this dividend is Tuesday, August 2nd.
Read our dividend analysis for IDA
.

Is IDACORP a good dividend stock?

IDACORP (NYSE:IDA) pays an annual dividend of $3.00 per share and currently has a dividend yield of 2.61%. 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 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.

What guidance has IDACORP issued on next quarter's earnings?

IDACORP issued an update on 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 earnings per share estimate of $4.98. 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 many different retail and institutional investors. Top institutional shareholders 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, Lisa A Grow, Richard J Dahl and Tessia Park.
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 $114.96.

How much money does IDACORP make?

IDACORP (NYSE:IDA) has a market capitalization of $5.81 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.

How many employees does IDACORP have?

The company employs 1,999 workers across the globe.

When was IDACORP founded?

IDACORP was founded in 1916.

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 8/19/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.