NYSE:IDA - IDACORP Stock Price, Forecast & News

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

IDACORP declared a quarterly dividend on Thursday, January 16th. Shareholders of record on Wednesday, February 5th will be given a dividend of $0.67 per share on Friday, February 28th. This represents a $2.68 annualized dividend and a yield of 2.40%. The ex-dividend date is Tuesday, February 4th. View IDACORP's Dividend History.

IDACORP Inc (NYSE:IDA) posted its earnings results on Thursday, February, 20th. The coal producer reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.16. The coal producer had revenue of $292.85 million for the quarter, compared to analysts' expectations of $291.26 million. IDACORP had a return on equity of 9.57% and a net margin of 17.30%. During the same quarter last year, the firm posted $0.52 EPS. View IDACORP's Earnings History.

IDACORP is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for IDACORP.

IDACORP updated its FY20 earnings guidance on Thursday, February, 20th. The company provided earnings per share (EPS) guidance of $4.45-4.65 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.62.

4 analysts have issued 1-year price objectives for IDACORP's shares. Their forecasts range from $104.00 to $117.00. On average, they anticipate IDACORP's stock price to reach $111.67 in the next twelve months. This suggests that the stock has a possible downside of 0.2%. View Analyst Price Targets for IDACORP.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IDACORP in the last year. There are currently 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for IDACORP.

Media headlines about IDA stock have trended very negative on Monday, InfoTrie reports. The research group identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. IDACORP earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave news stories about the coal producer a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for IDACORP.

IDACORP saw a decrease in short interest in January. As of January 15th, there was short interest totalling 979,200 shares, a decrease of 14.1% from the December 31st total of 1,140,000 shares. Based on an average daily trading volume, of 274,000 shares, the days-to-cover ratio is currently 3.6 days. Currently, 2.0% of the company's stock are sold short. View IDACORP's Current Options Chain.

Some companies that are related to IDACORP include NextEra Energy (NEE), Duke Energy (DUK), Southern (SO), American Electric Power (AEP), Exelon (EXC), Xcel Energy (XEL), Eversource Energy (ES), FirstEnergy (FE), Edison International (EIX), PPL (PPL), Entergy (ETR), Pinnacle West Capital (PNW), OGE Energy (OGE), Portland General Electric (POR) and Hawaiian Electric Industries (HE).

Based on aggregate information from My MarketBeat watchlists, some companies that other IDACORP investors own include AbbVie (ABBV), Avista (AVA), AT&T (T), Costco Wholesale (COST), IBM (IBM), Pfizer (PFE), Procter & Gamble (PG), Verizon Communications (VZ), Walmart (WMT) and Bristol-Myers Squibb (BMY).

IDACORP's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include State Street Corp (2.89%), FMR LLC (2.49%), Parnassus Investments CA (2.22%), Renaissance Technologies LLC (2.11%), Johanson Financial Advisors Inc. (1.65%) and Goldman Sachs Group Inc. (1.49%). Company insiders that own IDACORP stock include Christine King, Lisa A Grow, 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 Man Group plc, FMR LLC, Schroder Investment Management Group, Bank of New York Mellon Corp, Mesirow Financial Investment Management Equity Management, First Trust Advisors LP, William Blair Investment Management LLC and Victory Capital Management Inc.. Company insiders that have sold IDACORP company stock in the last year include Lisa A Grow, Steven R Keen and Tessia Park. View Insider Buying and Selling for IDACORP.

IDA stock was purchased by a variety of institutional investors in the last quarter, including Johanson Financial Advisors Inc., Parnassus Investments CA, State Street Corp, Acadian Asset Management LLC, Thrivent Financial for Lutherans, Bank of America Corp DE, Principal Financial Group Inc. and Russell Investments Group Ltd.. View Insider Buying and Selling 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 $111.88.

IDACORP has a market capitalization of $5.64 billion and generates $1.35 billion in revenue each year. The coal producer earns $232.85 million in net income (profit) each year or $4.61 on an earnings per share basis. IDACORP employs 1,981 workers across the globe.View Additional Information About IDACORP.

The official website for IDACORP is http://www.idacorpinc.com/.

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]