NYSE:IDAIDACORP Stock Price, Forecast & News

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 5.9% and is now trading at $90.11. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IDACORP in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for IDACORP.

IDACORP is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for IDACORP.

IDACORP Inc (NYSE:IDA) posted its quarterly earnings data on Thursday, April, 30th. The energy company reported $0.74 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.81 by $0.07. The energy company had revenue of $291.01 million for the quarter, compared to analysts' expectations of $272.50 million. IDACORP had a net margin of 17.69% and a return on equity of 9.27%. During the same quarter last year, the business earned $0.84 EPS. View IDACORP's earnings history.

IDACORP announced a quarterly dividend on Thursday, April 16th. Shareholders of record on Tuesday, May 5th will be paid a dividend of $0.67 per share on Monday, June 1st. This represents a $2.68 annualized dividend and a yield of 2.97%. The ex-dividend date of this dividend is Monday, May 4th. View IDACORP's dividend history.

IDACORP issued an update on its FY20 earnings guidance on Thursday, April, 30th. The company provided EPS guidance of $4.45-4.65 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.57.

6 analysts 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 stock price to reach $103.33 in the next year. This suggests a possible upside of 14.7% from the stock's current price. View analysts' price targets for IDACORP.

News coverage about IDA stock has been trending neutral recently, InfoTrie reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. IDACORP earned a news sentiment score of 0.2 on InfoTrie's scale. They also gave media coverage about the energy company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news about IDACORP.

IDACORP saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 897,900 shares, an increase of 8.1% from the June 15th total of 830,700 shares. Based on an average trading volume of 324,900 shares, the days-to-cover ratio is currently 2.8 days. Currently, 1.8% of the shares of the 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), Entergy (ETR), PPL (PPL), Pinnacle West Capital (PNW), OGE Energy (OGE), Hawaiian Electric Industries (HE) and Portland General Electric (POR). View all competitors.

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

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

IDACORP's stock is owned by a variety of institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.05%) and American National Bank (0.00%). Company insiders that own IDACORP stock include Christine King, Darrel T Anderson, Lisa A Grow, Richard J Dahl, 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 Envestnet Asset Management Inc.. Company insiders that have sold IDACORP company stock in the last year include Christine King, Darrel T Anderson, Lisa A Grow, and Tessia Park. View insider buying and selling activity for IDACORP.

IDA stock was purchased by a variety of institutional investors in the last quarter, including American National Bank. View insider buying and selling activity 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 $90.11.

IDACORP has a market capitalization of $4.55 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.

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

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]