S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Senate rules referee weakens Dem drug plan in economic bill
Demand for grocery delivery cools as food costs rise
China July exports rise, with trade surplus at record-high
Dems push Biden climate, health priorities toward Senate OK
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Senate rules referee weakens Dem drug plan in economic bill
Demand for grocery delivery cools as food costs rise
China July exports rise, with trade surplus at record-high
Dems push Biden climate, health priorities toward Senate OK
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Senate rules referee weakens Dem drug plan in economic bill
Demand for grocery delivery cools as food costs rise
China July exports rise, with trade surplus at record-high
Dems push Biden climate, health priorities toward Senate OK
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Senate rules referee weakens Dem drug plan in economic bill
Demand for grocery delivery cools as food costs rise
China July exports rise, with trade surplus at record-high
Dems push Biden climate, health priorities toward Senate OK
NYSE:IDA

IDACORP (IDA) Stock Forecast, Price & News

$109.49
-1.10 (-0.99%)
(As of 08/5/2022 12:00 AM ET)
Add
Compare
Today's Range
$107.73
$110.19
50-Day Range
$97.91
$111.72
52-Week Range
$95.26
$118.92
Volume
191,695 shs
Average Volume
159,197 shs
Market Capitalization
$5.54 billion
P/E Ratio
23.00
Dividend Yield
2.74%
Price Target
$114.50

IDACORP MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
4.6% Upside
$114.50 Price Target
Short Interest
Bearish
1.93% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.91
Upright™ Environmental Score
News Sentiment
-0.12mentions of IDACORP in the last 14 days
Based on 13 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
3.60%
From $5.00 to $5.18 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.00 out of 5 stars

Utilities Sector

65th out of 107 stocks

Electric Services Industry

28th out of 54 stocks

IDACORP logo

About IDACORP (NYSE:IDA) Stock

IDACORP, Inc., together with its subsidiaries, 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 two coal-fired steam electric generating plants located in Wyoming and Nevada. As of December 31, 2021, it had approximately 4,843 pole-miles of high-voltage transmission lines; 23 step-up transmission substations located at power plants; 21 transmission substations; 10 switching stations; 30 mixed-use transmission and distribution substations; 187 energized distribution substations; and 28,570 pole-miles of distribution lines, as well as provides electric utility services to approximately 604,000 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, government, and education. It also invests in housing and other real estate tax credit investments. IDACORP, Inc. was founded in 1915 and is headquartered in Boise, Idaho.

IDACORP Trading Down 1.0 %

IDA traded down $1.10 during mid-day trading on Friday, hitting $109.49. The stock had a trading volume of 191,695 shares, compared to its average volume of 159,197. The stock's fifty day simple moving average is $105.78 and its 200-day simple moving average is $107.96. The firm has a market capitalization of $5.54 billion, a price-to-earnings ratio of 23.00, a price-to-earnings-growth ratio of 7.77 and a beta of 0.56. IDACORP has a 1-year low of $95.26 and a 1-year high of $118.92. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.87 and a quick ratio of 1.56.

IDACORP (NYSE:IDA - Get Rating) last issued its quarterly earnings data on Thursday, August 4th. The energy company reported $1.27 EPS for the quarter, missing the consensus estimate of $1.31 by ($0.04). IDACORP had a return on equity of 9.01% and a net margin of 16.25%. During the same period last year, the company posted $1.38 EPS. As a group, research analysts forecast that IDACORP will post 5 EPS for the current fiscal year.

IDACORP Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 31st. Investors of record on Wednesday, August 3rd will be given a $0.75 dividend. The ex-dividend date is Tuesday, August 2nd. This represents a $3.00 annualized dividend and a dividend yield of 2.74%. IDACORP's dividend payout ratio is presently 63.03%.

Analyst Ratings Changes

Separately, Wells Fargo & Company upgraded shares of IDACORP from an "underweight" rating to an "equal weight" rating and lifted their price target for the stock from $108.00 to $110.00 in a research report on Tuesday, May 3rd.

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IDA Stock News Headlines

IDACORP (NYSE:IDA) and Heliogen (NYSE:HLGN) Critical Comparison
IdaCorp: Q2 Earnings Snapshot - Greenwich Time
Recap: Idacorp Q2 Earnings - Benzinga
IDACORP Q2 2022 Earnings Preview
IDACORP (IDA) Set to Announce Earnings on Thursday
Idacorp (IDA) Passes Through 3% Yield Mark
Idacorp is Now Oversold (IDA) - Nasdaq
See More Headlines

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IDA Company Calendar

Ex-Dividend for 5/31 Dividend
5/02/2022
Dividend Payable
5/31/2022
Ex-Dividend for 8/31 Dividend
8/02/2022
Last Earnings
8/04/2022
Today
8/07/2022
Dividend Payable
8/31/2022
Next Earnings (Estimated)
10/27/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
Electric Utilities
Sector
Utilities
CUSIP
45110710
Employees
1,999
Year Founded
1916

Price Target and Rating

Average Stock Price Forecast
$114.50
High Stock Price Forecast
$119.00
Low Stock Price Forecast
$110.00
Forecasted Upside/Downside
+4.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$245.55 million
Pretax Margin
19.18%

Debt

Sales & Book Value

Annual Sales
$1.46 billion
Cash Flow
$8.42 per share
Book Value
$52.96 per share

Miscellaneous

Free Float
50,215,000
Market Cap
$5.54 billion
Optionable
Optionable
Beta
0.56

Social Links


Key Executives

  • Ms. Lisa A. Grow (Age 57)
    CEO, Pres & Director
    Comp: $2.17M
  • Mr. Brian R. Buckham (Age 43)
    Sr. VP & CFO
    Comp: $881.67k
  • Mr. Jeffrey L. Malmen (Age 54)
    Sr. VP of Public Affairs
    Comp: $736.38k
  • Mr. Steven R. Keen (Age 61)
    Sr. VP
    Comp: $1.04M
  • Mr. Adam J. Richins (Age 43)
    Sr. VP & COO of Idaho Power
    Comp: $922.18k
  • Mr. Kenneth W. Petersen (Age 58)
    VP, Chief Accounting Officer & Treasurer
  • Mr. Jason C. Huszar
    VP of Information Technology & Chief Information Officer
  • Justin S. Forsberg
    Director of Investor Relations & Treasury
  • Mr. Patrick A. Harrington (Age 61)
    VP, Gen. Counsel & Corp. Sec.
  • Mr. Mitchel D. Colburn
    Resource Planning and Operations Director of Idaho Power













IDA Stock - Frequently Asked Questions

Should I buy or sell IDACORP stock right now?

3 Wall Street 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 analysts is that investors should "buy" IDACORP stock.
View analyst ratings for IDACORP
or view top-rated stocks.

What is IDACORP's stock price forecast for 2022?

3 Wall Street research analysts have issued twelve-month target prices for IDACORP's stock. Their IDA stock forecasts range from $110.00 to $119.00. On average, they anticipate IDACORP's share price to reach $114.50 in the next twelve months. This suggests a possible upside of 4.6% from the stock's current price.
View analysts' price targets for IDACORP
or view top-rated stocks among Wall Street analysts.

How has IDACORP's stock price performed in 2022?

IDACORP's stock was trading at $113.31 at the start of the year. Since then, IDA shares have decreased by 3.4% and is now trading at $109.49.
View the best growth stocks for 2022 here
.

When is IDACORP's next earnings date?

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

How were IDACORP's earnings last quarter?

IDACORP, Inc. (NYSE:IDA) issued its quarterly earnings data on Thursday, August, 4th. The energy company reported $1.27 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.31 by $0.04. IDACORP had a trailing twelve-month return on equity of 9.01% and a net margin of 16.25%. During the same quarter in the previous year, the business earned $1.38 EPS.

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

IDACORP declared a quarterly dividend on Thursday, July 21st. Shareholders of record on Wednesday, August 3rd will be paid a dividend of $0.75 per share on Wednesday, August 31st. This represents a $3.00 annualized dividend and a yield of 2.74%. The ex-dividend date is Tuesday, August 2nd.
View IDACORP's dividend history
.

Is IDACORP a good dividend stock?

IDACORP(NYSE:IDA) pays an annual dividend of $3.00 per share and currently has a dividend yield of 2.74%. IDACORP has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of IDACORP is 63.03%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IDACORP will have a dividend payout ratio of 57.92% next year. This indicates that IDACORP will be able to sustain or increase its dividend.
View IDACORP's dividend history.

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

IDACORP issued an update on its FY 2022 earnings guidance on Thursday, August, 4th. 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 -.

What is Hal Koyama's approval rating as IDACORP's CEO?

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.

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

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 many different institutional and retail investors. Top institutional investors include Parnassus Investments LLC (3.56%), Boston Trust Walden Corp (1.14%), Anchor Capital Advisors LLC (0.40%), Tributary Capital Management LLC (0.36%), Strs Ohio (0.35%) and Leeward Investments LLC MA (0.32%). Company insiders that own IDACORP stock include Christine King, Darrel T Anderson, Jeffrey L Malmen, Lisa A Grow, Richard J Dahl and Tessia Park.
View institutional ownership trends 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is IDACORP's stock price today?

One share of IDA stock can currently be purchased for approximately $109.49.

How much money does IDACORP make?

IDACORP (NYSE:IDA) has a market capitalization of $5.54 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.

How many employees does IDACORP have?

IDACORP employs 1,999 workers across the globe.

When was IDACORP founded?

IDACORP was founded in 1916.

How can I contact IDACORP?

IDACORP's mailing address is 1221 WEST IDAHO STREET, BOISE ID, 83702. The official website for IDACORP 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.

This page (NYSE:IDA) was last updated on 8/7/2022 by MarketBeat.com Staff

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