NYSE:IDA - IDACORP Stock Price, Forecast & News

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

IDACORP declared a quarterly dividend on Thursday, January 16th. Shareholders of record on Wednesday, February 5th will be paid a dividend of $0.67 per share on Friday, February 28th. This represents a $2.68 dividend on an annualized basis and a yield of 2.77%. The ex-dividend date is Tuesday, February 4th. View IDACORP's Dividend History.

IDACORP Inc (NYSE:IDA) released its quarterly earnings results on Thursday, February, 20th. The coal producer reported $0.93 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.77 by $0.16. The coal producer earned $292.85 million during the quarter, compared to analyst estimates of $291.26 million. IDACORP had a return on equity of 9.57% and a net margin of 17.30%. During the same period in the prior year, the firm earned $0.52 EPS. View IDACORP's Earnings History.

IDACORP is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for IDACORP.

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 EPS estimate of $4.62.

4 equities research analysts have issued 12 month price targets for IDACORP's stock. Their forecasts range from $104.00 to $117.00. On average, they expect IDACORP's share price to reach $111.67 in the next year. This suggests a possible upside of 15.5% from the stock's current price. View Analyst Price Targets for IDACORP.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IDACORP in the last year. There are currently 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for IDACORP.

News articles about IDA stock have been trending extremely negative this week, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of news 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 closest to five being the most favorable. IDACORP earned a news impact score of -4.5 on InfoTrie's scale. They also gave media stories about the coal producer a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an impact on the company's share price in the next several days. View News Stories for IDACORP.

IDACORP saw a drop in short interest during the month of February. As of February 14th, there was short interest totalling 805,400 shares, a drop of 17.5% from the January 30th total of 975,900 shares. Based on an average daily trading volume, of 264,600 shares, the days-to-cover ratio is currently 3.0 days. Currently, 1.6% of the company's stock are sold short. View IDACORP's Current Options Chain.

Some companies that are related to IDACORP include NextEra Energy (NEE), Southern (SO), Duke Energy (DUK), Exelon (EXC), American Electric Power (AEP), Xcel Energy (XEL), Eversource Energy (ES), Edison International (EIX), PPL (PPL), Entergy (ETR), FirstEnergy (FE), Pinnacle West Capital (PNW), OGE Energy (OGE), Portland General Electric (POR) and Hawaiian Electric Industries (HE).

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

IDACORP's stock is owned by many different 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, 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, Schroder Investment Management Group, Bank of New York Mellon Corp, Mesirow Financial Investment Management Equity Management, First Trust Advisors LP, William Blair Investment Management LLC and Victory Capital Management Inc.. Company insiders that have sold IDACORP company stock in the last year include Christine King, Lisa A Grow, Steven R Keen and Tessia Park. View Insider Buying and Selling for IDACORP.

IDA stock was acquired 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 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 $96.64.

IDACORP has a market capitalization of $4.87 billion and generates $1.35 billion in revenue each year. The coal producer earns $232.85 million in net income (profit) each year or $4.61 on an earnings per share basis. IDACORP employs 1,981 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 coal producer can be reached via phone at 208-388-2200 or via email at [email protected]