NYSE:IDA - IDACORP Stock Price, Forecast & News

IDACORP's stock was trading at $95.80 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, IDA stock has decreased by 6.0% and is now trading at $90.08. View which stocks have been mosted impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IDACORP in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for IDACORP.

IDACORP is scheduled to release its next quarterly earnings announcement on Thursday, May 7th 2020. View our earnings forecast for IDACORP.

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

IDACORP announced 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 dividend yield of 2.98%. The ex-dividend date of this dividend is Tuesday, February 4th. View IDACORP's dividend history.

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

5 brokerages have issued 12-month price targets for IDACORP's stock. Their forecasts range from $104.00 to $117.00. On average, they anticipate IDACORP's share price to reach $109.75 in the next twelve months. This suggests a possible upside of 21.8% from the stock's current price. View analysts' price targets for IDACORP.

Media headlines about IDA stock have been trending somewhat negative this week, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. 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 -1.0 on InfoTrie's scale. They also assigned news stories about the energy company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutIDACORP.

IDACORP saw a increase in short interest in March. As of March 13th, there was short interest totaling 914,400 shares, an increase of 16.7% from the February 27th total of 783,300 shares. Based on an average trading volume of 268,100 shares, the short-interest ratio is currently 3.4 days. Approximately 1.8% of the shares of the company are short sold. 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).

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

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

IDACORP's stock is owned by a number of institutional and retail investors. Top institutional investors 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, 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 Man Group plc, FMR LLC, Nuveen Asset Management LLC, Schroder Investment Management Group, Bank of New York Mellon Corp, Mesirow Financial Investment Management Equity Management, First Trust Advisors LP, and William Blair Investment Management LLC. Company insiders that have sold IDACORP company stock in the last year include Christine King, Lisa A Grow, and Tessia Park. View insider buying and selling activity for IDACORP.

IDA stock was bought 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 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 $90.08.

IDACORP has a market capitalization of $4.54 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. 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 energy company can be reached via phone at 208-388-2200 or via email at [email protected]