NYSE:IDA IDACORP (IDA) Stock Price, News & Analysis $103.30 -1.18 (-1.13%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$103.22▼$105.2450-Day Range$92.01▼$104.6252-Week Range$86.43▼$105.24Volume241,589 shsAverage Volume354,720 shsMarket Capitalization$5.50 billionP/E Ratio20.74Dividend Yield3.21%Price Target$99.80 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get IDACORP alerts: Email Address IDACORP MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside3.4% Downside$99.80 Price TargetShort InterestHealthy1.61% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-1.88Upright™ Environmental ScoreNews Sentiment1.23Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth6.47%From $5.41 to $5.76 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.76 out of 5 starsUtilities Sector33rd out of 93 stocksElectric Services Industry18th out of 46 stocks 1.0 Analyst's Opinion Consensus RatingIDACORP has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 5 hold ratings, and no sell ratings.Amount of Analyst CoverageIDACORP has only been the subject of 2 research reports in the past 90 days.Read more about IDACORP's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.61% of the outstanding shares of IDACORP have been sold short.Short Interest Ratio / Days to CoverIDACORP has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in IDACORP has recently increased by 12.22%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend YieldIDACORP pays a meaningful dividend of 3.17%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthIDACORP has been increasing its dividend for 12 years.Dividend CoverageThe dividend payout ratio of IDACORP is 66.67%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, IDACORP will have a dividend payout ratio of 57.64% next year. This indicates that IDACORP will be able to sustain or increase its dividend.Read more about IDACORP's dividend. Previous Next 3.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreIDACORP has received a 27.28% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Retailing electricity produced with hydropower", "Electricity produced with hydropower", "Electricity distribution services of electricity produced with renewable energy sources", and "Retailing electricity produced with biomass" products. See details.Environmental SustainabilityThe Environmental Impact score for IDACORP is -1.88. Previous Next 2.9 News and Social Media Coverage News SentimentIDACORP has a news sentiment score of 1.23. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 4 news articles for IDACORP this week, compared to 4 articles on an average week.Search Interest1 people have searched for IDA on MarketBeat in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, IDACORP insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.47% of the stock of IDACORP is held by insiders.Percentage Held by Institutions89.10% of the stock of IDACORP is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about IDACORP's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for IDACORP are expected to grow by 6.47% in the coming year, from $5.41 to $5.76 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of IDACORP is 20.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.87.Price to Earnings Ratio vs. SectorThe P/E ratio of IDACORP is 20.74, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 89.11.Price to Book Value per Share RatioIDACORP has a P/B Ratio of 1.72. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about IDACORP's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss Ratings“Fed Proof” Your Bank Account with THESE 4 Simple StepsStarting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.Learn these 4 simple steps and protect your savings before it’s too late. About IDACORP Stock (NYSE:IDA)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, 2023, it had approximately 4,762 pole-miles of high-voltage transmission lines; 23 step-up transmission substations located at power plants; 21 transmission substations; 11 switching stations; 30 mixed-use transmission and distribution substations; 186 energized distribution substations; and 29,714 pole-miles of distribution lines, and 131 MW of battery storage, as well as provides electric utility services to approximately 633,000 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.Read More IDA Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart IDA Stock News HeadlinesSeptember 3, 2024 | americanbankingnews.comIDACORP, Inc. (NYSE:IDA) Sees Large Growth in Short InterestAugust 31, 2024 | finance.yahoo.comHow IDACORP, Robert Half And Getty Realty Can Put Cash In Your PocketSeptember 7, 2024 | Golden Crest (Ad)Biden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.August 29, 2024 | finance.yahoo.comIDACORP, Inc. (NYSE:IDA) is a favorite amongst institutional investors who own 87%August 28, 2024 | americanbankingnews.comMorgan Stanley Raises IDACORP (NYSE:IDA) Price Target to $102.00August 28, 2024 | seekingalpha.comIdacorp: There's Still Time To Buy This Dividend Grower NowAugust 28, 2024 | americanbankingnews.comZacks Research Analysts Lift Earnings Estimates for IDACORP, Inc. (NYSE:IDA)August 28, 2024 | americanbankingnews.comIDACORP (NYSE:IDA) PT Raised to $102.00September 7, 2024 | Golden Crest (Ad)Biden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.August 23, 2024 | markets.businessinsider.comIdaCorp (IDA) Receives a Hold from Morgan StanleyAugust 13, 2024 | markets.businessinsider.comIDACorp Hold Rating: Balancing Strong Performance with Premium Valuation and Financial UncertaintiesAugust 13, 2024 | finance.yahoo.comNEP Sep 2024 22.000 put (NEP240906P00022000)August 9, 2024 | finance.yahoo.comIDACORP's (NYSE:IDA) Profits Appear To Have Quality IssuesAugust 8, 2024 | finance.yahoo.comIdacorp Inc (IDJ.DU)August 6, 2024 | ca.finance.yahoo.comIDACORP, Inc. (IDA)August 3, 2024 | seekingalpha.comIDACORP, Inc (IDA) Q2 2024 Earnings Call TranscriptAugust 2, 2024 | gurufocus.comQ2 2024 Idacorp Inc Earnings Call TranscriptAugust 1, 2024 | finance.yahoo.comIDACORP, Inc. Announces Second Quarter 2024 Results, Increases Lower-End 2024 Earnings GuidanceSee More Headlines Receive IDA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for IDACORP and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/01/2024Ex-Dividend for 8/30 Dividend8/05/2024Dividend Payable8/30/2024Today9/07/2024Next Earnings (Estimated)11/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorUtilities Industry Electric services Sub-IndustryElectric Utilities Current SymbolNYSE:IDA CUSIP45110710 CIK1057877 Webwww.idacorpinc.com Phone(208) 388-2200Fax208-388-6916Employees2,112Year Founded1916Price Target and Rating Average Stock Price Target$99.80 High Stock Price Target$106.00 Low Stock Price Target$93.00 Potential Upside/Downside-3.3%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$4.98 Trailing P/E Ratio20.73 Forward P/E Ratio19.08 P/E GrowthN/ANet Income$261.20 million Net Margins15.04% Pretax Margin15.89% Return on Equity9.16% Return on Assets3.25% Debt Debt-to-Equity Ratio0.87 Current Ratio1.55 Quick Ratio1.17 Sales & Book Value Annual Sales$1.82 billion Price / Sales3.02 Cash Flow$9.23 per share Price / Cash Flow11.19 Book Value$60.16 per share Price / Book1.72Miscellaneous Outstanding Shares53,237,000Free Float52,987,000Market Cap$5.50 billion OptionableOptionable Beta0.58 Social Links 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMs. Lisa A. Grow (Age 59)CEO, President & Director Comp: $2.58MMr. Brian R. Buckham (Age 45)Senior VP, CFO & Treasurer Comp: $1.08MMr. Jeffrey L. Malmen (Age 56)Senior Vice President of Public Affairs Comp: $847.01kMr. Adam J. Richins (Age 44)Senior VP & COO of Idaho Power Comp: $1.11MMr. Kenneth W. Petersen (Age 60)Vice President Comp: $666.71kMr. Jason C. HuszarVP of Information Technology & Chief Information OfficerMs. Julia A. Hilton (Age 46)VP & General Counsel Ms. Amy I. Shaw (Age 44)Vice President of Finance, Compliance & Risk Ms. Sarah E. Griffin (Age 53)Vice President of Human Resources for Idaho Power. Mr. James Bo D. Hanchey (Age 47)VP of Customer Operations & Chief Safety Officer for Idaho Power More ExecutivesKey CompetitorsPinnacle West CapitalNYSE:PNWOGE EnergyNYSE:OGEPortland General ElectricNYSE:PORALLETENYSE:ALEOtter TailNASDAQ:OTTRView All CompetitorsInsiders & InstitutionsSanctuary Advisors LLCBought 6,248 shares on 9/5/2024Ownership: 0.012%Ghisallo Capital Management LLCSold 25,000 shares on 9/4/2024Ownership: 0.047%Truist Financial CorpSold 6,237 shares on 8/21/2024Ownership: 0.059%Algert Global LLCSold 38,137 shares on 8/16/2024Ownership: 0.047%Creative PlanningBought 7,712 shares on 8/16/2024Ownership: 0.029%View All Insider TransactionsView All Institutional Transactions IDA Stock Analysis - Frequently Asked Questions How have IDA shares performed this year? IDACORP's stock was trading at $98.32 at the beginning of 2024. Since then, IDA shares have increased by 5.1% and is now trading at $103.30. View the best growth stocks for 2024 here. How were IDACORP's earnings last quarter? IDACORP, Inc. (NYSE:IDA) announced its quarterly earnings results on Thursday, August, 1st. The energy company reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.37 by $0.34. The energy company had revenue of $451.04 million for the quarter, compared to analyst estimates of $420.56 million. IDACORP had a trailing twelve-month return on equity of 9.16% and a net margin of 15.04%. What is Hal Koyama's approval rating as IDACORP's CEO? 1 employees have rated IDACORP Chief Executive Officer Hal Koyama on Glassdoor.com. Hal Koyama has an approval rating of 100% among the company's employees. This puts Hal Koyama in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. Who are IDACORP's major shareholders? Top institutional shareholders of IDACORP include Victory Capital Management Inc. (2.72%), Nuance Investments LLC (2.09%), Dimensional Fund Advisors LP (1.30%) and Boston Trust Walden Corp (1.08%). Insiders that own company stock include Jeffrey L Malmen, James Bo D Hanchey and Mitchel D Colburn. View institutional ownership trends. How do I buy shares of IDACORP? Shares of IDA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of IDACORP own? Based on aggregate information from My MarketBeat watchlists, some other companies that IDACORP investors own include Johnson & Johnson (JNJ), AT&T (T), AbbVie (ABBV), Costco Wholesale (COST), International Business Machines (IBM), Pfizer (PFE) and Procter & Gamble (PG). This page (NYSE:IDA) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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