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 7.3% and is now trading at $88.82. 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 the consensus estimate of $0.81 by $0.07. The energy company earned $291.01 million during the quarter, compared to the consensus estimate of $272.50 million. IDACORP had a return on equity of 9.27% and a net margin of 17.69%. During the same quarter last year, the company posted $0.84 earnings per share. View IDACORP's earnings history.

IDACORP announced a quarterly dividend on Thursday, April 16th. Stockholders 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 dividend on an annualized basis and a dividend yield of 3.02%. The ex-dividend date of this dividend is Monday, May 4th. View IDACORP's dividend history.

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

6 analysts have issued 1 year target prices for IDACORP's shares. Their forecasts range from $96.00 to $110.00. On average, they anticipate IDACORP's share price to reach $103.33 in the next twelve months. This suggests a possible upside of 16.3% from the stock's current price. View analysts' price targets for IDACORP.

Media stories about IDA stock have been trending somewhat negative on Thursday, InfoTrie Sentiment reports. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. IDACORP earned a media sentiment score of -1.6 on InfoTrie's scale. They also gave media headlines about the energy company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future. View the latest news about IDACORP.

IDACORP saw a increase in short interest during 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 daily 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 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), PPL (PPL), Entergy (ETR), 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 many different retail and institutional 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 $88.82.

IDACORP has a market capitalization of $4.48 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]