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NYSE:IDA

IDACORP Stock Forecast, Price & News

$92.08
-1.23 (-1.32 %)
(As of 11/27/2020 12:00 AM ET)
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Today's Range
$91.09
Now: $92.08
$93.11
50-Day Range
$86.15
MA: $90.10
$94.80
52-Week Range
$69.05
Now: $92.08
$113.58
Volume73,115 shs
Average Volume303,660 shs
Market Capitalization$4.65 billion
P/E Ratio18.87
Dividend Yield3.04%
Beta0.43
IDACORP, Inc. 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 three coal-fired steam electric generating plants located in Wyoming, Nevada, and Oregon. As of December 31, 2019, it had approximately 4,830 pole-miles of high-voltage transmission lines; 24 step-up transmission substations located at power plants; 21 transmission substations; 9 switching stations; 31 mixed-use transmission and distribution substations; 185 energized distribution substations; and 27,968 pole-miles of distribution lines, as well as provides electric utility services to approximately 572,000 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, and winter recreation activities. It also invests in housing and other real estate investments. The company was founded in 1915 and is headquartered in Boise, Idaho.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.4Community Rank: 1.9Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.24 out of 5 stars


Industry, Sector and Symbol

Industry Electric services
Sub-IndustryElectric Utilities
SectorUtilities
CUSIP45110710
Phone208-388-2200
Employees1,985

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.35 billion
Cash Flow$8.24 per share
Book Value$50.98 per share

Profitability

Net Income$232.85 million

Miscellaneous

Market Cap$4.65 billion
Next Earnings Date2/18/2021 (Estimated)
OptionableOptionable
$92.08
-1.23 (-1.32 %)
(As of 11/27/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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IDACORP (NYSE:IDA) Frequently Asked Questions

How has IDACORP's stock been impacted by Coronavirus?

IDACORP's stock was trading at $95.80 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, IDA stock has decreased by 3.9% and is now trading at $92.08.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of IDACORP?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IDACORP in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for IDACORP
.

What stocks does MarketBeat like better than IDACORP?

Wall Street analysts have given IDACORP a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but IDACORP wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is IDACORP's next earnings date?

IDACORP is scheduled to release its next quarterly earnings announcement on Thursday, February 18th 2021.
View our earnings forecast for IDACORP
.

How were IDACORP's earnings last quarter?

IDACORP, Inc. (NYSE:IDA) released its quarterly earnings results on Thursday, October, 29th. The energy company reported $2.02 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.92 by $0.10. The energy company earned $425.26 million during the quarter, compared to analyst estimates of $378.28 million. IDACORP had a net margin of 18.60% and a return on equity of 9.86%. During the same period in the previous year, the company posted $1.78 EPS.
View IDACORP's earnings history
.

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

IDACORP declared a quarterly dividend on Thursday, October 15th. Shareholders of record on Thursday, November 5th will be given a dividend of $0.71 per share on Monday, November 30th. This represents a $2.84 dividend on an annualized basis and a yield of 3.08%. The ex-dividend date of this dividend is Wednesday, November 4th. This is an increase from IDACORP's previous quarterly dividend of $0.67.
View IDACORP's dividend history
.

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

IDACORP issued an update on its fourth quarter earnings guidance on Thursday, October, 29th. The company provided earnings per share (EPS) guidance of $0.50-0.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.72.

What price target have analysts set for IDA?

5 brokers have issued 12 month price targets for IDACORP's shares. Their forecasts range from $96.00 to $110.00. On average, they anticipate IDACORP's share price to reach $102.60 in the next year. This suggests a possible upside of 11.4% from the stock's current price.
View analysts' price targets for IDACORP
.

Are investors shorting IDACORP?

IDACORP saw a increase in short interest in the month of October. As of October 15th, there was short interest totaling 624,900 shares, an increase of 56.4% from the September 30th total of 399,500 shares. Based on an average daily trading volume, of 285,100 shares, the days-to-cover ratio is currently 2.2 days. Approximately 1.3% of the shares of the stock are sold short.
View IDACORP's Short Interest
.

Who are some of IDACORP's key competitors?

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), The Procter & Gamble (PG), Walmart (WMT), Avista (AVA) and Bristol-Myers Squibb (BMY).

Who are IDACORP's key executives?

IDACORP's management team includes the following people:
  • Ms. Lisa A. Grow, CEO, Pres & Director (Age 55, Pay $1.22M)
  • Mr. Steven R. Keen, Sr. VP & CFO (Age 59, Pay $976.96k)
  • Mr. Brian R. Buckham, Sr. VP & Gen. Counsel (Age 41, Pay $741.56k)
  • Mr. Jeffrey L. Malmen, Sr. VP of Public Affairs (Age 52, Pay $620.32k)
  • Mr. Kenneth W. Petersen, VP, Chief Accounting Officer & Treasurer (Age 56)
  • Mr. Jason Huszar, VP of Information Technology & Chief Information Officer
  • Justin S. Forsberg, Director of Investor Relations & Treasury
  • Mr. Patrick A. Harrington, Corp. Sec. (Age 59)
  • Mr. Mitchel D. Colburn, Resource Planning and Operations Director of Idaho Power

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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.64%), State Street Corp (2.42%), Wells Fargo & Company MN (1.99%), Energy Income Partners LLC (1.50%), First Trust Advisors LP (1.48%) and GW&K Investment Management LLC (1.19%). Company insiders that own IDACORP stock include Christine King, Darrel T Anderson, Jeffrey L Malmen, Lisa A Grow, Richard J Dahl, 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., Acadian Asset Management LLC, State Street Corp, Lord Abbett & CO. LLC, Charles Schwab Investment Management Inc., AJO LP, Fisher Asset Management LLC, and AQR Capital Management LLC. Company insiders that have sold IDACORP company stock in the last year include Christine King, Darrel T Anderson, and Jeffrey L Malmen.
View insider buying and selling activity for IDACORP
.

Which major investors are buying IDACORP stock?

IDA stock was purchased by a variety of institutional investors in the last quarter, including Lansdowne Partners UK LLP, Raymond James & Associates, GW&K Investment Management LLC, First Trust Advisors LP, Morgan Stanley, Prentiss Smith & Co. Inc., Foundry Partners LLC, and Energy Income Partners LLC.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is IDACORP's stock price today?

One share of IDA stock can currently be purchased for approximately $92.08.

How big of a company is IDACORP?

IDACORP has a market capitalization of $4.65 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.

What is IDACORP's official website?

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

How can I contact IDACORP?

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]

This page was last updated on 11/28/2020 by MarketBeat.com Staff

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