IDACORP Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IDACORP in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" IDACORP stock.
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Wall Street analysts have given IDACORP a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but IDACORP wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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IDACORP is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for IDACORP.

IDACORP, Inc. (NYSE:IDA) released its quarterly earnings data on Thursday, July, 29th. The energy company reported $1.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.23 by $0.15. The energy company had revenue of $360.07 million for the quarter. IDACORP had a net margin of 17.95% and a trailing twelve-month return on equity of 9.85%.
View IDACORP's earnings history.

IDACORP's stock was trading at $95.80 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, IDA stock has increased by 7.0% and is now trading at $102.51.
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IDACORP announced a quarterly dividend on Thursday, July 15th. Investors of record on Thursday, August 5th will be paid a dividend of $0.71 per share on Tuesday, August 31st. This represents a $2.84 dividend on an annualized basis and a yield of 2.77%. The ex-dividend date of this dividend is Wednesday, August 4th.
View IDACORP's dividend history.

IDACORP pays an annual dividend of $2.84 per share and currently has a dividend yield of 2.74%. The dividend payout ratio of IDACORP is 60.55%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IDACORP will have a dividend payout ratio of 57.37% next year. This indicates that IDACORP will be able to sustain or increase its dividend.
View IDACORP's dividend history.

IDACORP issued an update on its FY 2021 earnings guidance on Thursday, August, 5th. The company provided EPS guidance of $4.700-$4.900 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.820. The company issued revenue guidance of -.

4 equities research analysts have issued 12-month price targets for IDACORP's stock. Their forecasts range from $101.00 to $109.00. On average, they expect IDACORP's share price to reach $105.00 in the next twelve months. This suggests a possible upside of 2.4% from the stock's current price.
View analysts' price targets for IDACORP or view top-rated stocks among Wall Street analysts.

1 employees have rated IDACORP CEO Hal Koyama on Glassdoor.com. Hal Koyama has an approval rating of 100% among IDACORP's employees. This puts Hal Koyama in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to IDACORP include NextEra Energy (NEE), Duke Energy (DUK), The Southern (SO), Eversource Energy (ES), Entergy (ETR), PPL (PPL), Edison International (EIX), FirstEnergy (FE), Pinnacle West Capital (PNW), OGE Energy (OGE), Hawaiian Electric Industries (HE), Portland General Electric (POR), PNM Resources (PNM), ALLETE (ALE) and MGE Energy (MGEE).
View all of IDA's competitors.

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).

IDACORP trades on the New York Stock Exchange (NYSE) under the ticker symbol "IDA."

IDACORP's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (13.59%), Vanguard Group Inc. (10.89%), Price T Rowe Associates Inc. MD (5.08%), Alliancebernstein L.P. (3.66%), First Trust Advisors LP (2.97%) and State Street Corp (2.75%). Company insiders that own IDACORP stock include Christine King, Darrel T Anderson, Jeffrey L Malmen and Richard J Dahl.
View institutional ownership trends for IDACORP.

IDA stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Prudential PLC, Millennium Management LLC, William Blair Investment Management LLC, Allianz Asset Management GmbH, Nuveen Asset Management LLC, River Road Asset Management LLC, and American Century Companies Inc..
View insider buying and selling activity for IDACORP or view top insider-selling stocks.

IDA stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., First Trust Advisors LP, Alliancebernstein L.P., Goldman Sachs Group Inc., Franklin Resources Inc., State Street Corp, Principal Financial Group Inc., and Parnassus Investments CA.
View insider buying and selling activity for IDACORP or or view top insider-buying stocks.

Shares of IDA 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 $102.51.

IDACORP has a market capitalization of $5.18 billion and generates $1.35 billion in revenue each year. The energy company earns $237.42 million in net income (profit) each year or $4.69 on an earnings per share basis.

IDACORP employs 1,950 workers across the globe.

IDACORP was founded in 1916.

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

IDACORP is headquartered at 1221 WEST IDAHO STREET, BOISE ID, 83702.

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]