NYSE:IDA IDACORP (IDA) Stock Price, News & Analysis $103.82 +0.17 (+0.16%) (As of 10/28/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About IDACORP Stock (NYSE:IDA) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get IDACORP alerts:Sign Up Key Stats Today's Range$103.40▼$104.6950-Day Range$100.11▼$104.9452-Week Range$86.43▼$105.25Volume225,374 shsAverage Volume337,893 shsMarket Capitalization$5.53 billionP/E Ratio19.44Dividend Yield3.31%Price Target$104.83Consensus RatingHold Company OverviewIDACORP, 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… Watch this before it gets removed (Ad)If you missed it, my emergency election broadcast is now available - but will be removed soonClick here to watch it now. IDACORP Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks89th Percentile Overall ScoreIDA MarketRank™: IDACORP scored higher than 89% of companies evaluated by MarketBeat, and ranked 25th out of 95 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion1.0 / 5Analyst RatingHold 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, 6 hold ratings, and no sell ratings.Amount of Analyst CoverageIDACORP has only been the subject of 4 research reports in the past 90 days.Read more about IDACORP's stock forecast and price target. Earnings and Valuation2.5 / 5Proj. Earnings Growth7.25% Earnings GrowthEarnings for IDACORP are expected to grow by 7.25% in the coming year, from $5.38 to $5.77 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of IDACORP is 19.44, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.86.Price to Earnings Ratio vs. SectorThe P/E ratio of IDACORP is 19.44, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 101.04.Price to Earnings Growth RatioIDACORP has a PEG Ratio of 3.49. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioIDACORP has a P/B Ratio of 1.80. 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. Short Interest5.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted1.38% 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 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in IDACORP has recently decreased by 10.52%, indicating that investor sentiment is improving significantly. Dividend4.2 / 5Dividend StrengthStrong 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 13 years.Dividend CoverageThe dividend payout ratio of IDACORP is 69.08%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, IDACORP will have a dividend payout ratio of 59.62% next year. This indicates that IDACORP will be able to sustain or increase its dividend.Read more about IDACORP's dividend. Sustainability and ESG3.0 / 5Environmental Score-1.88 Percentage of Shares Shorted1.38% 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 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in IDACORP has recently decreased by 10.52%, indicating that investor sentiment is improving significantly. News and Social Media2.4 / 5News Sentiment0.32 News SentimentIDACORP has a news sentiment score of 0.32. 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 lower news sentiment than the 0.48 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 7 news articles for IDACORP this week, compared to 5 articles on an average week.MarketBeat Follows5 people have added IDACORP to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days. Company Ownership1.7 / 5Insider TradingN/A 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. 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 IDA Stock News HeadlinesIDACORP (NYSE:IDA) Is Increasing Its Dividend To $0.86October 22, 2024 | finance.yahoo.comFY2024 EPS Estimates for IDACORP Lowered by Zacks ResearchOctober 21, 2024 | americanbankingnews.com24/7 Automated Profits in CryptoWhat if you could make consistent daily profits in crypto with minimal effort? Beyond trading lies a vast world of passive crypto income, where you set up a dependable income stream that works for you, whether you're at your computer or living your life.October 29, 2024 | Crypto Swap Profits (Ad)Zacks Research Analysts Raise Earnings Estimates for IDACORPOctober 20, 2024 | americanbankingnews.comDo Options Traders Know Something About IDACORP (IDA) Stock We Don't?October 18, 2024 | msn.comWells Fargo Sticks to Their Hold Rating for IdaCorp (IDA)October 17, 2024 | markets.businessinsider.comIDACORP, Inc. Declares DividendOctober 17, 2024 | businesswire.comIDACORP Schedules Third Quarter 2024 Earnings Release & Conference CallOctober 17, 2024 | businesswire.comSee More Headlines 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 the year. Since then, IDA shares have increased by 5.6% and is now trading at $103.82. View the best growth stocks for 2024 here. How were IDACORP's earnings last quarter? IDACORP, Inc. (NYSE:IDA) issued its quarterly earnings results on Thursday, August, 1st. The energy company reported $1.71 EPS for the quarter, beating the consensus estimate of $1.37 by $0.34. The energy company had revenue of $451.04 million for the quarter, compared to the consensus estimate of $420.56 million. IDACORP had a trailing twelve-month return on equity of 9.16% and a net margin of 15.04%. Who are IDACORP's major shareholders? IDACORP's top institutional investors include Boston Trust Walden Corp (1.06%), Raymond James & Associates (0.65%), New York State Common Retirement Fund (0.42%) and Tributary Capital Management LLC (0.37%). 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 Chevron (CVX), Exxon Mobil (XOM), JPMorgan Chase & Co. (JPM), NVIDIA (NVDA), Walmart (WMT), Visa (V) and International Business Machines (IBM). Company Calendar Last Earnings8/01/2024Ex-Dividend for 8/30 Dividend8/05/2024Dividend Payable8/30/2024Today10/28/2024Next Earnings (Confirmed)10/31/2024Ex-Dividend for 12/2 Dividend11/05/2024Dividend Payable12/02/2024Fiscal 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$104.83 High Stock Price Target$110.00 Low Stock Price Target$93.00 Potential Upside/Downside+1.0%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$4.98 Trailing P/E Ratio19.44 Forward P/E Ratio19.30 P/E Growth3.49Net 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 / Sales3.03 Cash Flow$9.11 per share Price / Cash Flow11.40 Book Value$57.59 per share Price / Book1.80Miscellaneous Outstanding Shares53,237,000Free Float53,004,000Market Cap$5.53 billion OptionableOptionable Beta0.60 Social Links The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.Get This Free Report This page (NYSE:IDA) was last updated on 10/29/2024 by MarketBeat.com Staff From Our Partnerstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligen...Traders Agency | SponsoredTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | SponsoredNvidia is Pivoting to Solve Big Tech’s $1 Trillion ProblemTaiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as ...Weiss Ratings | SponsoredElon Musk Drops Stunning Bombshell?Elon Musk just dropped a BOMBSHELL that could send shockwaves throughout the tech industry… While deliverin...Paradigm Press | SponsoredTrump or Kamala? 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