IDACORP, Inc., through its subsidiary, Idaho Power Company, engages in the generation, transmission, distribution, purchase, and sale of electric energy in the United States. It operates 17 hydroelectric generating plants located in southern Idaho and eastern Oregon, as well as 3 natural gas-fired plants in southern Idaho; and owns interests in 3 coal-fired steam electric generating plants located in Wyoming, Nevada, and Oregon. As of December 31, 2017, the company provided electric service to approximately 545,000 general business customers; and had a network of approximately 4,857 pole-miles of high-voltage transmission lines, 24 step-up transmission substations located at power plants, 24 transmission substations, 10 switching stations, and 223 energized distribution substations, as well as approximately 27,441 pole-miles of distribution lines. Its principal commercial and industrial customers are involved in food processing, electronics and general manufacturing, agriculture, health care, and winter recreation activities. The company, through its other subsidiaries, invests in housing and other real estate investments. IDACORP, Inc. was founded in 1915 and is headquartered in Boise, Idaho.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Electric services
Sub-IndustryElectric Utilities
SectorUtilities
Current SymbolNYSE:IDA
Previous Symbol
CUSIP45110710
Phone208-388-2200
Debt
Debt-to-Equity Ratio0.77
Current Ratio2.33
Quick Ratio1.86
Price-To-Earnings
Trailing P/E Ratio23.70
Forward P/E Ratio22.42
P/E Growth7.99
Sales & Book Value
Annual Sales$1.35 billion
Price / Sales3.73
Cash Flow$7.5756 per share
Price / Cash13.17
Book Value$47.10 per share
Price / Book2.12
Profitability
EPS (Most Recent Fiscal Year)$4.21
Net Income$212.41 million
Net Margins17.55%
Return on Equity10.43%
Return on Assets3.86%
Miscellaneous
Employees1,972
Outstanding Shares50,390,000
Market Cap$4.98 billion
OptionableOptionable
IDACORP (NYSE:IDA) Frequently Asked Questions
What is IDACORP's stock symbol?
IDACORP trades on the New York Stock Exchange (NYSE) under the ticker symbol "IDA."
How often does IDACORP pay dividends? What is the dividend yield for IDACORP?
IDACORP declared a quarterly dividend on Thursday, October 18th. Stockholders of record on Monday, November 5th will be given a dividend of $0.63 per share on Friday, November 30th. This represents a $2.52 annualized dividend and a dividend yield of 2.53%. The ex-dividend date is Friday, November 2nd. This is a boost from IDACORP's previous quarterly dividend of $0.59. View IDACORP's Dividend History.
How were IDACORP's earnings last quarter?
IDACORP Inc (NYSE:IDA) released its quarterly earnings results on Thursday, November, 1st. The coal producer reported $2.02 EPS for the quarter, beating analysts' consensus estimates of $1.76 by $0.26. The coal producer had revenue of $408.80 million for the quarter, compared to analyst estimates of $405.79 million. IDACORP had a net margin of 17.55% and a return on equity of 10.43%. During the same quarter in the prior year, the company earned $1.80 EPS. View IDACORP's Earnings History.
When is IDACORP's next earnings date?
What guidance has IDACORP issued on next quarter's earnings?
IDACORP issued an update on its FY 2018 earnings guidance on Thursday, November, 1st. The company provided earnings per share guidance of $4.40-4.50 for the period, compared to the Thomson Reuters consensus estimate of $4.28.
What price target have analysts set for IDA?
3 brokers have issued 1-year price objectives for IDACORP's shares. Their predictions range from $80.00 to $96.00. On average, they anticipate IDACORP's stock price to reach $87.00 in the next year. This suggests that the stock has a possible downside of 12.8%. View Analyst Price Targets for IDACORP.
What is the consensus analysts' recommendation for IDACORP?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IDACORP in the last year. There are currently 2 sell ratings and 1 hold rating for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for IDACORP.
Has IDACORP been receiving favorable news coverage?
News coverage about IDA stock has been trending positive this week, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. IDACORP earned a news sentiment score of 2.8 on InfoTrie's scale. They also gave headlines about the coal producer a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days.
Who are some of IDACORP's key competitors?
Some companies that are related to IDACORP include FirstEnergy (FE), Edison International (EIX), Korea Electric Power (KEP), SSE PLC/S (SSEZY), Entergy (ETR), Avangrid (AGR), Fortis (FTS), CenterPoint Energy (CNP), EDP-Energias de Portugal, S.A (EDPFY), Vistra Energy (VST), RED ELECTRICA C/ADR (RDEIY), NRG Energy (NRG), CENTRICA PLC/S (CPYYY), Pinnacle West Capital (PNW) and Enel Americas (ENIA).
Who are IDACORP's key executives?
IDACORP's management team includes the folowing people:
- Mr. Darrel T. Anderson, Pres, CEO & Director (Age 60)
- Mr. Steven R. Keen, Sr. VP, CFO & Treasurer (Age 57)
- Ms. Lisa A. Grow, Sr. VP & COO of Idaho Power Company (Age 53)
- Mr. Kenneth W. Petersen, VP, Controller & Chief Accounting Officer (Age 54)
- Justin S. Forsberg, Director of Investor Relations
Who are IDACORP's major shareholders?
IDACORP's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.21%), FMR LLC (5.14%), Renaissance Technologies LLC (2.10%), Bank of New York Mellon Corp (2.06%), Schroder Investment Management Group (1.84%) and Wells Fargo & Company MN (1.34%). Company insiders that own IDACORP stock include Christine King, Dennis L Johnson, Lisa A Grow, Steven R Keen and Tessia Park. View Institutional Ownership Trends for IDACORP.
Which major investors are selling IDACORP stock?
IDA stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., FMR LLC, Tributary Capital Management LLC, Wells Fargo & Company MN, Monarch Partners Asset Management LLC, Prudential Financial Inc., Deutsche Bank AG and TIAA CREF Investment Management LLC. Company insiders that have sold IDACORP company stock in the last year include Christine King, Steven R Keen and Tessia Park. View Insider Buying and Selling for IDACORP.
Which major investors are buying IDACORP stock?
IDA stock was acquired by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC, Victory Capital Management Inc., WINTON GROUP Ltd, Renaissance Technologies LLC, Assenagon Asset Management S.A., Bank of Montreal Can, First Quadrant L P CA and Man Group plc. View Insider Buying and Selling for IDACORP.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is IDACORP's stock price today?
One share of IDA stock can currently be purchased for approximately $99.77.
How big of a company is IDACORP?
IDACORP has a market capitalization of $4.98 billion and generates $1.35 billion in revenue each year. The coal producer earns $212.41 million in net income (profit) each year or $4.21 on an earnings per share basis. IDACORP employs 1,972 workers across the globe.
What is IDACORP's official website?
How can I contact IDACORP?
IDACORP's mailing address is 1221 WEST IDAHO STREET, BOISE ID, 83702. The coal producer can be reached via phone at 208-388-2200 or via email at [email protected]
MarketBeat Community Rating for IDACORP (NYSE IDA)
MarketBeat's community ratings are surveys of what our community members think about IDACORP and other stocks. Vote "Outperform" if you believe IDA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IDA will underperform the S&P 500 over the long term. You may vote once every thirty days.
