NYSE:IDAIDACORP Stock Price, Forecast & News

IDACORP's stock was trading at $95.80 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, IDA stock has decreased by 6.5% and is now trading at $89.61. 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) released its quarterly earnings data on Thursday, April, 30th. The energy company reported $0.74 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.81 by $0.07. The energy company earned $291.01 million during the quarter, compared to analyst estimates of $272.50 million. IDACORP had a net margin of 17.69% and a return on equity of 9.27%. During the same quarter in the previous year, the company posted $0.84 earnings per share. 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 dividend on an annualized basis and a dividend yield of 2.99%. The ex-dividend date is Monday, May 4th. View IDACORP's dividend history.

IDACORP updated 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 equities research analysts have issued twelve-month price targets for IDACORP's shares. Their forecasts range from $96.00 to $110.00. On average, they expect IDACORP's share price to reach $103.33 in the next twelve months. This suggests a possible upside of 15.3% from the stock's current price. View analysts' price targets for IDACORP.

News coverage about IDA stock has trended somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. IDACORP earned a media sentiment score of -1.9 on InfoTrie's scale. They also gave media headlines about the energy company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact 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 daily trading volume, of 324,900 shares, the days-to-cover ratio is presently 2.8 days. Currently, 1.8% of the company's 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 a variety of retail and institutional investors. Top institutional investors include MERIAN GLOBAL INVESTORS UK Ltd (0.40%), LVM Capital Management Ltd. MI (0.20%), Envestnet Asset Management Inc. (0.05%), Louisiana State Employees Retirement System (0.02%), Brasada Capital Management LP (0.02%) and Johanson Financial Advisors Inc. (0.02%). 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., MERIAN GLOBAL INVESTORS UK Ltd, Brasada Capital Management LP, and Johanson Financial Advisors 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 Exchange Traded Concepts LLC, LVM Capital Management Ltd. MI, American National Bank, and Louisiana State Employees Retirement System. 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 $89.61.

IDACORP has a market capitalization of $4.52 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]