IDACORP - IDA Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for IDACORP in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" IDA shares.
View IDA analyst ratings or view top-rated stocks.

3 brokers have issued 1-year price targets for IDACORP's stock. Their IDA share price forecasts range from $110.00 to $119.00. On average, they predict the company's stock price to reach $114.50 in the next year. This suggests a possible upside of 10.4% from the stock's current price.
View analysts price targets for IDA or view top-rated stocks among Wall Street analysts.

IDACORP's stock was trading at $113.31 on January 1st, 2022. Since then, IDA stock has decreased by 8.5% and is now trading at $103.69.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our IDA earnings forecast.

IDACORP, Inc. (NYSE:IDA) announced its quarterly earnings results on Thursday, August, 4th. The energy company reported $1.27 earnings per share for the quarter, missing the consensus estimate of $1.41 by $0.14. The energy company had revenue of $358.72 million for the quarter, compared to analyst estimates of $344.19 million. IDACORP had a net margin of 16.25% and a trailing twelve-month return on equity of 8.98%. During the same quarter in the prior year, the firm earned $1.38 earnings per share.

IDACORP announced a quarterly dividend on Thursday, July 21st. Stockholders of record on Wednesday, August 3rd will be given a dividend of $0.75 per share on Wednesday, August 31st. This represents a $3.00 annualized dividend and a dividend yield of 2.89%. The ex-dividend date is Tuesday, August 2nd.
Read our dividend analysis for IDA.

IDACORP (NYSE:IDA) pays an annual dividend of $3.00 per share and currently has a dividend yield of 3.03%. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 63.03%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IDA will have a dividend payout ratio of 57.92% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for IDA.

IDACORP issued an update on its FY 2022 earnings guidance on Thursday, August, 18th. The company provided EPS guidance of $4.95-$5.05 for the period, compared to the consensus earnings per share estimate of $4.98. The company issued revenue guidance of -.

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

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), 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."

Shares of IDA stock 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.
Compare Top Brokerages Here.

One share of IDA stock can currently be purchased for approximately $103.69.

IDACORP (NYSE:IDA) has a market capitalization of $5.24 billion and generates $1.46 billion in revenue each year. The energy company earns $245.55 million in net income (profit) each year or $4.76 on an earnings per share basis.

The company employs 1,999 workers across the globe.

IDACORP's mailing address is 1221 WEST IDAHO STREET, BOISE ID, 83702. The official website for the company is www.idacorpinc.com. The energy company can be reached via phone at (208) 388-2200, via email at jforsberg@idacorpinc.com, or via fax at 208-388-6916.